UME Shipping LLC, United Arab Emirates, has bought the battery-powered M/S Wasa Express ferry from Finnish/Swedish shipowner Kvarken Link. Kvarken Link is presently building the M/S Aurora Botnia replacing the Wasa Express in May 2021, which will be managed by its subsidiary Wasaline. M/S Wasa Expre
German liner giant Hapag-Lloyd has ordered six ultra-large container vessels from Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The $ 1 billion investment will see the LNG-powered 23,500+ TEU vessels delivered to Hapag-Lloyd between April and December 2023. The vessels will be fit
Costa Cruises, a part of Carnival Corporation & plc, took delivery of the new Costa Firenze ship from Fincantieri, designed and built in the Marghera shipyard and inspired by the Florentine Renaissance. With 135,500 gross tonnage and a capacity of more than 5,200 guests, the Costa Firenze is part of
Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.
Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition.
LPG shipping heavyweight Epic Gas, and Lauritzen Kosan A/S, the gas carrier division of J. Lauritzen, have entered into a deal to combine their fleet and business activities to create BW Epic Kosan. The combination will create a genuine powerhouse in the last mile delivery of LPG and other specialit
The Port of Rotterdam, Europe’s leading trading hub, has become part of a feasibility study named HySupply to explore what role could the port play in the possible creation of a new trade corridor for hydrogen. The project is led by Germany, which is investing heavily in hydrogen, and it is focusing
Polish shipbuilder Remontowa Shipbuilding S.A. has launched the fourth liquefied natural gas (LNG)-fuelled Salish Class vessel owned by the Canadian ferry operator BC Ferries. The ship entered the water over the weekend, with work continuing there until scheduled sea trials in late 2021. Following s
Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.
Maritime UK, the collective voice for the UK’s maritime industries, is forming a partnership with Carbon13, the venture builder for the climate crisis, to support entrepreneurs reaching for net zero.
Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter o
Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement and management assistance to realise the CO2 capture plant at Norcem’s cement factory in Brevik, Norway. The project will start in January 2021, with work completed in 2024. The contract has a value of about
A project to construct the world’s first zero-emission hydrogen vessels has been awarded NOK 219 million ($25 million) by the Norwegian government-owned organization Enova.
Monaco-based ship owner and operator Scorpio Bulkers will sell its remaining dry bulk vessels, exit the dry bulk sector and change name during 2021 as part of its transition to a sustainable future.
