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Amazon, IKEA and other major retailers launch zero-emission shipping tender
Business & Finance

Amazon, IKEA and other major retailers launch zero-emission shipping tender

Zero Emission Maritime Buyers Alliance (ZEMBA), a non-profit organisation that includes major retail brands, has launched a Request for Proposals (RfP) for 600,000 twenty-foot containers (TEUs) over a three-year period on ocean vessels powered by zero-emission fuels.

about 2 years ago
OCI Global eyes increase in green methanol production capacity in U.S.
Business Developments & Projects

OCI Global eyes increase in green methanol production capacity in U.S.

Dutch producer and distributor of hydrogen-based products OCI Global has revealed plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high-emissions industries, including shipping. Acc

about 2 years ago
Fure Vinga
Business & Finance

Furetank, Algoma sign up for two more Vinga ships

Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have expanded their FureBear joint venture, launched a year ago, with the order for two additional Vinga-class vessels. The new order for Vinga series vessels grows the FureBear joint venture to a total of ten

about 2 years ago
Japanese power cable company pinpoints location for factory in Europe
Business & Finance

Japanese power cable company pinpoints location for factory in Europe

Japan-headquartered Sumitomo Electric has chosen the location for its planned power cable factory in Scotland, announced earlier this year as part of the company’s goal of expanding its business in Europe. Sumitomo Electric announced in April the plans to establish a power cable factory in Scotland

about 2 years ago
Crowley opacific reliance vessel
Business & Finance

Crowley, SEACOR chart a new course with a tanker JV

Two titans of the global maritime and logistics industry, Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have joined forces to create a joint venture Fairwater Holdings LLC, a new, independent U.S. Jones Act service provider. The new company integrates the duo’s liquid energy a

about 2 years ago
The appraisal drilling was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Business & Finance

TotalEnergies eyes sanctioning of $9 billion oil project off Suriname next year

TotalEnergies is laying the groundwork to make a final investment decision (FID) for a large oil project in Block 58 offshore Suriname by the end of 2024.

about 2 years ago
TECO 2030 to supply fuel cells for up to six PGS’ ammonia-powered bulkers
Equipment

TECO 2030 to supply fuel cells for up to six PGS’ ammonia-powered bulkers

Norwegian cleantech company TECO 2030 and Pherousa Green Shipping AS (PGS) have signed a green package supply agreement for up to six modern, zero-emission Ultramax dry bulk carriers of about 63.000 deadweight tons each.

about 2 years ago
C2X
Business & Finance

A.P. Moller Holding-backed C2X to produce over 3 mln tonnes of green methanol by 2030

C2X, a new, independent company, backed by A.P. Moller Holding, the controlling shareholder of the A.P. Moller – Maersk, one of the world’s largest shipping and logistics companies, has unveiled plans to build large-scale green methanol production facilities. The move follows a successful fundraisin

about 2 years ago
Illustration bulker
Business Developments & Projects

Sea Traders linked to scrubber-fitted Kamsarmax quartet

Greek shipping giant Sea Traders has placed an order for four state-of-the-art Kamsarmax vessels from the Qingdao Yangfan shipyard in China, according to shipbroker reports. The four 82,000 dwt Kamsarmax vessels will adhere to the stringent NOx Tier III and EEDI Phase 3 regulations. These regulation

about 3 years ago
Putin visits Zvezda complex, attends naming of Sovcomflot LNG carrier
Authorities & Government

Putin visits Zvezda complex, attends naming of Sovcomflot LNG carrier

Russia’s President Vladimir Putin has visited the Zvezda Shipbuilding Complex, located in Bolshoi Kamen, Primorsky Territory, taking part in the naming ceremony of two reinforced ice-class carriers. The first vessel, the shuttle tanker, built by the order of Rosnefteflot, was named after the Soviet

about 3 years ago
Maersk
Business Developments & Projects

WATCH: World’s 1st methanol-powered containership reaches final destination

The world’s first container vessel powered by green methanol has arrived in Copenhagen after completing a 21,500 km maiden trip from Ulsan, South Korea. The 2,100 TEU boxship was assisted into the port of Copenhagen by Svitzer’s tugs and the container ship docked in the Toldboden area of the Copenha

about 3 years ago
ACE topsides installation; Source: Mammoet
Business & Finance

Mammoet done with jacking, load-out and float-over job for BP’s Caspian Sea platform – gallery

Mammoet has performed jacking, load-out and float-over operations for a 19,600-tonne offshore platform destined for BP’s project in the Caspian Sea, offshore Azerbaijan.

about 3 years ago
Piriou to build two green ferries for Isles of Scilly
Vessels

Piriou to build two green ferries for Isles of Scilly

Isles of Scilly Steamship Group has selected French shipbuilder Piriou as its preferred shipbuilder to build and deliver two new eco-friendly ferries.

about 3 years ago
Wärtsilä to equip world’s first methanol-fueled hybrid RoRo vessels
Business Developments & Projects

Wärtsilä to equip world’s first methanol-fueled hybrid RoRo vessels

The world’s first methanol-fueled hybrid RoRo vessels, being built at the China Merchants Jinling Shipyard (Weihai) for the Swedish shipping company Stena RoRo, will use technology group Wärtsilä’s solutions. Specifically, Wärtsilä will supply an integrated hybrid propulsion system for the two vesse

about 3 years ago
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