Belgian shipping major Compagnie Maritime Belge (CMB) has launched its mandatory public takeover bid on all shares in Euronav that are not already directly or indirectly owned by CMB or its affiliates. The move comes after CMB, Euronav’s biggest shareholder, struck a deal with Frontline in October 2
Singapore-based Seatrium, formerly Sembcorp Marine, has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers. The contract will see Seat
HAV Hydrogen, a subsidiary of HAV Group, has received NOK 12.4 million (around $1.18 million) in funding from Innovation Norway to build, test, and certify a full-scale prototype of a containerized hydrogen (H2) energy system for ships called Zero Emission Pod. The Zero Emission Pod is a complete de
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
FirstBio2Shipping, a bio-LNG project developed by Dutch companies Attero, Nordsol and Titan, is nearing production of the first bio-LNG to be supplied to the maritime sector. On February 13 Nordsol shared a social media update stating that good progress was made in the construction of the bio-LNG pl
According to a Ricardo study, commissioned by Transport & Environment (T&E), a European clean transport campaign group, the European Union (EU) should be cautious about relying on uncertain imports to meet its hydrogen targets. The study, made to assess the EU’s needs for hydrogen imports and evalua
Norwegian NTE’s (Nord-Trøndelag Elektrisitetsverk) green hydrogen production plant at Kråkøya in Nærøysund municipality has produced its first hydrogen gas. According to NTE, this represents a significant step forward for zero emissions in the maritime sector as the plant is the first hydrogen produ
François Cornet d’Elzius, Ambassador of Belgium to Cairo, and Waleid Gamal El Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) have met to discuss new aspects of cooperation, including green fuel projects. On February 7, SCZONE said it received d’Elzius within the fra
Euronav NV, the Belgian tanker shipping company, has secured approval for the acquisition of 100% of shares in cleantech maritime group CMB.TECH during a Special General Meeting held on February 7, 2024. The transaction, valued at $1.150 billion in cash, comes at a time of strategic transformation f
Norwegian companies Dalane Energi and Hydrogen Solution (HYDS) have launched a new hydrogen production facility in Egersund harbor as a part of the EU-funded ROBINSON H2020 project. The official opening ceremony of the hydrogen production plant was held in Grand Hotell Eigersund on February 8 in the
U.S.-based ammonia power solutions company Amogy has been awarded a feasibility statement by Lloyd’s Register (LR) as the official approval of its technology qualification plan (TQP), marking a new milestone in certifying Amogy’s technology is viable for maritime applications. Amogy’s technology qua
Hamburg-based energy company Mabanaft has hit a new milestone in the progress of its planned ammonia import terminal in the Port of Hamburg with the scoping meeting held as part of the approval process. The meeting was completed on January 30 in the run-up to the approval procedure for the construct
South Korean shipbuilder Hanwha Ocean, formerly known as DSME, has launched two LNG carriers built for Greek LNG shipping services provider GasLog. GasLog shared the milestone via social media on February 7. The launching ceremony for two LNG carriers, which will be named GasLog Italy and Marvel Pho
The world’s largest cruise company Carnival Corporation & plc is on track to achieve an overall 18% reduction in greenhouse gas (GHG) emission intensity on a lower berth capacity basis in 2024 compared to 2019. The achievement is just a few points shy of its 20% reduction goal originally targeted fo
