Vessels
Navigator Gas, Marubeni team up on carbon-neutral ethylene voyage
Navigator Gas, owner and operator of handysize liquefied gas carriers, and ethylene trader Marubeni Corporation have announced plans to achieve the world’s first carbon-neutral ethylene voyage. The voyage would become carbon-neutral by offsetting the CO2 emissions from the voyage by investing in an
Ulstein and EDGE looking into hydrogen fuel cells for X-Bow
Norway’s maritime start-up EDGE Navigation and shipbuilder Ulstein are evaluating the use of a hydrogen fuel cell solution to achieve non-fossil propulsion for a container vessel concept.
Waste-carrying tug boats to run on biofuel
London-based waste management company Cory has revealed that its entire fleet of tugs will convert to low carbon biofuel.
Avance Gas agrees sustainability-linked loan for dual-fuel LPG duo
Bermuda and Norway-based shipping firm Avance Gas Holding has signed and completed a $104 million sustainability-linked term facility with a bank syndicate.
Safe Bulkers invests in new eco-efficient Kamsarmax
Monaco-headquartered dry bulk owner Safe Bulkers has acquired a Japanese-built 82,000 dwt, dry bulk newbuild vessel.
First new Tyra platform set to sail away from Singapore
The first new platform for the TotalEnergies-operated and delayed Tyra project, located in the Danish North Sea, is now ready to sail away.
Hyundai Samho orders LNG carrier tank design from GTT
French LNG containment specialist GTT has received an order from the Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the tank design of a new LNG carrier.
Euronav, partners launch JDP for ammonia-fueled vessels
Belgium-based tanker shipping company Euronav, Hyundai Heavy Industries (HHI), classification societies Lloyd’s Register and DNV have sealed a joint development project (JDP) for the development of ammonia-fitted vessels.
Pioneering Spirit vessel delivers Valhall jacket for decom
Allseas and its giant heavy lift vessel Pioneering Spirit have delivered Aker BP’s Valhall QP jacket to a yard in Norway for decommissioning.
Two more Tallink ships switch to shore power
Since 1 July, Tallink Grupp’s vessels Silja Europa and Baltic Queen have switched to using shore power at the Port of Tallinn’s Old City Harbour during their port stays.
Navig8 inks sale and leaseback deal for chemical tankers
Norway-listed tanker company Navig8 Chemical Tankers has entered into sale and leaseback agreements with Chinese Jiangsu Financial Leasing (JFL) for four chemical tankers.
Ertuğrul Gazi FSRU receives first LNG cargo
LNG tanker Berge Arzew has delivered the commissioning cargo to Ertuğrul Gazi FSRU at the LNG terminal in Hatay, Turkey.
KfW IPEX-Bank supports Hapag-Lloyd’s LNG-powered ULCV project with green loan
German container shipping major Hapag-Lloyd has secured from compatriot KfW IPEX-Bank its second green loan within six months aimed at financing the construction of six LNG-powered ultra large container vessels (ULCVs).
Drewry bullish on methanol’s role in decarbonizing shipping
UK-based shipping consultancy Drewry expects half of the vessels ordered after 2025 to have dual-fuel engines, with a large percentage using methanol as marine fuel. Methanol is viewed as a good replacement for traditional marine fuels due to its potential to reduce GHG emissions since it doesn’t co