Finnish auxiliary wind propulsion systems’ provider Norsepower Oy Ltd. has won its first newbuild order for the installation of a record five tilting Rotor Sails on board a large bulk carrier. The agreement heralds the first installation of Norsepower’s innovative Rotor Sails on a bulk carrier. The
Grimaldi Euromed, a subsidiary of the Grimaldi Group specializing in the maritime transport of passengers and RORO cargo, has won a €35 million ($42.5 million) loan facility from CaixaBank S.A. The loan is intended to finance the acquisition of a new Roll-on/Roll-off (Ro-Ro) vessel Eco Barcelona. Th
The shipping industry has to have an open mind and look at a wide range of solutions to decarbonize, avoiding the risk of focusing on a single pathway, Bud Darr, Executive Vice President, Maritime Policy and Government Affairs of MSC Group, said. Darr was one of the panelists of the Leadership Insig
Germany’s Port of Kiel has inaugurated the new shore power facility in an effort to reduce hundreds of tons of CO2 emissions and become one of the greenest ports in Europe.
A coalition of four players promoting sustainable shipping have collaborated on a joint industry project to enable product tanker charterers and shipowners to use methanol as fuel regardless of the cargo carried.
Norwegian fertilizer company Yara International ASA is planning to produce green ammonia, powering emission-free shipping fuels and decarbonized food solutions. Against this backdrop, Yara will fully electrify its ammonia plant in Porsgrunn, Norway with the potential to cut 800,000 tonnes of CO2 per
Burckhardt Compression has secured an order to supply its Laby LNG boil-off gas compressors for two 14,000 TEU LNG-fueled containerships.
The technology group Wärtsilä has signed 5-year Optimised Maintenance Agreements covering the main engines for two very large gas carriers (VLGC) operated by Latsco Marine Management (LMM). The contract, which became effective from September, was signed in August 2020. The two vessels, the Hellas Dy
The Methanol Institute is urging the maritime community to mitigate pollution and emissions risk in Polar regions by adopting methanol as marine fuel, and applying bunkering guidelines developed by the European Committee for Standardisation (CEN). The call is being issued on the back of IMO’s meetin
Alternative fuels are gaining traction in the maritime industry amid growing regulatory pressure and currently, they account for 3.5% of the fleet, and 27% of the order book by tonnage, data from Clarksons Research shows.
The Nordic energy company Gasum has completed its first LNG bunkering operation in Emden, Germany.
The largest commercial shipbuilder in India Cochin Shipyard Limited (CSL) Kochi has hosted a plate cutting ceremony for two autonomous electric ferries being built for Norway-based ASKO Maritime AS. TorbjØrn Johannson, Chairman of the board for ASKO & ASKO MARITIME, cut the first steel plate for shi
The long-awaited zero-emission container vessel Yara Birkeland has been delivered to its owner Yara International, Norway-based shipbuilder Vard informed. Upon delivery, the vessel is scheduled to undergo testing for container loading and stability, before it sets sail to a port and test area in Hor
Lloyd’s Register (LR) has signed a joint development project with the Flettner Rotor developer Anemoi and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a series of energy-efficient vessel designs equipped with rotor sails. Rotor sails, also referred to as ‘Flettner rotors’,
