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Anchoring solutions provider selected for Ørsted's USVs
Vessels

Anchoring solutions provider selected for Ørsted’s USVs

Anchoring solutions specialist Maxwell Marine has won a contract to design and supply a technical anchoring system for uncrewed surface vessels (USVs) for the world’s leading offshore wind developer Ørsted. The USVs will be used for offshore met-ocean measurement campaigns in the wind farm industry

about 3 years ago
Damen
Vessels

Damen gets class and flag state approval for methanol-fueled workboats

Dutch shipbuilder Damen has won approval in principle for designs of methanol-powered compact vessels from the classification society Bureau Veritas and Dutch and Belgian flag authorities. The company said that it now offers designs for a wide range of methanol-powered workboats. The designs are a r

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about 3 years ago
Damen
Vessels

Europe’s 1st all-electric tug on the horizon as part of Port of Antwerp-Bruges tug renewal deal with Damen

The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ

about 3 years ago
Athenian Sea Carriers orders 4 LNG and methanol-ready chemical tankers
Vessels

Athenian Sea Carriers orders 4 LNG and methanol-ready chemical tankers

Athenian Sea Carriers, a Greek shipping company, has exercised options for the construction of four eco-chemical tankers at the Chinese shipbuilding company Wuchang Shipbuilding Industry Group. These vessels, with a deadweight of 18,500 tons (dwt), are set to meet the highest environmental standards

about 3 years ago
Repair yard shortage puts maritime energy transition at risk
Vessels

Repair yard shortage puts maritime energy transition at risk

A shortage of repair yards with experience in conversions may hinder the take up of alternative fuel technology by the existing fleet, according to the findings from LR’s new Engine Retrofit Report. The report has identified that retrofitting a significant number of the 9,000 and 12,900 large mercha

about 3 years ago
European Commission ends shipping consortia antitrust exemption
Vessels

European Commission ends shipping consortia antitrust exemption

The European Commission will not extend the EU legal framework exempting liner shipping consortia from EU antitrust rules, known as the Consortia Block Exemption Regulation (CBER). This decision comes after a review process initiated in August 2022, with the CBER set to expire on April 25, 2024. The

about 3 years ago
Levante LNG Peninsula
Vessels

Peninsula secures LNG bunkering license in Gibraltar

Maritime fuel supplier Peninsula has won an LNG bunkering operator license from the Government of Gibraltar and the Gibraltar Port Authority. The company recently sent its new 12,500 cubic meters LNG supply vessel, Levante LNG, to the Strait of Gibraltar. Levante LNG will be operated by Peninsula, s

about 3 years ago
container shipping
Vessels

ICS rolls out CII data collection system

The International Chamber of Shipping (ICS) has launched a Carbon Intensity Indicator (CII) Data Collection System. CII is a rating system developed by the International Maritime Organization (IMO) to measure the energy efficiency of ships, above 5,000 gross tonnage and trading internationally. It c

about 3 years ago
Evangelos Marinakis
Vessels

Marinakis proposes Capital Product Partners’ pivot to LNG carrier sector

Greek shipping magnate Evangelos Marinakis, alongside his son Miltiadis and private company Capital Maritime & Trading, has revealed plans to propose a significant shift in the business focus of New York-listed shipowner Capital Product Partners. The proposal, disclosed in a filing with the U.S. Sec

about 3 years ago
Tanker
Vessels

CMB breaks deadlock as Frontline sails away with $2.35 billion VLCC bounty in Euronav deal

After months of tense negotiations and legal disputes, Compagnie Maritime Belge (CMB) has announced a breakthrough agreement with Frontline and its affiliated company Famatown Finance Limited that paves the way for resolving the ongoing deadlock within Belgian tanker major Euronav. CMB, along with i

about 3 years ago
Van Oord vessel hits record 'unparalleled' in subsea rock installation market
Vessels

Subsea rock installation record for Van Oord vessel

Van Oord’s flexible fallpipe vessel Nordnes has installed 20 million tonnes of rock, a record that the Dutch company said was unparalleled in the subsea rock installation market. Nordnes has been installing rocks on the seabed since 2005 and has now installed 20 million tonnes of rock in total. The

about 3 years ago
Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum
Vessels

Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum

A coalition of industry leaders, environmental advocates, and policymakers have called for the inclusion of Carbon Capture and Utilisation (CCU) and Carbon Capture and Storage (CCS) technologies in the European Union’s Net Zero Industry Act (NZIA) as strategic net-zero technologies. The joint statem

about 3 years ago
bulker powered by ammonia
Vessels

Frontline’s exit clears path for CMB’s bold decarbonization agenda for Euronav with ammonia and hydrogen at the helm

The latest agreement between Belgian shipping major CMB and its Norwegian counterpart Frontline signals a new chapter for tanker owner Euronav, one that holds the promise of resolving long-standing disputes and steering the company toward a more diversified and sustainable future. Specifically, CMB

about 3 years ago
Safe Bulkers buys two dual-fuel methanol Kamsarmax newbuilds in fleet renewal quest
Vessels

Safe Bulkers buys two dual-fuel methanol Kamsarmax newbuilds in fleet renewal quest

Monaco-based dry bulk shipping company Safe Bulkers has entered into contracts for the acquisition of two dual-fuel newbuild Kamsarmax class dry-bulk vessels as part of its fleet renewal strategy. The two 81,200 dwt vessels which are capable of running on methanol and fuel will be acquired at attrac

about 3 years ago