Israeli shipping company ZIM Integrated Shipping Services and Marius Nacht, one of Israel’s leading serial entrepreneurs and investors, have jointly invested in a Series B Financing round of WAVE BL, a developer of a blockchain network supporting paperless trade in the shipping industry.
Aberdeen-based company North Star Renewables has won the tender for the delivery of three service operation vessels (SOVs) for the 3.6 GW Dogger Bank project, which is set to become the world’s biggest offshore wind farm. Under a contract worth approximately GBP 270 million (around € 316 million), t
Van Oord has entered into collaboration with FUELSAVE for the adoption of innovative combustion conditioning technology that is expected to further reduce the emissions on its fleet.
Klaveness Digital, part of the Norwegian shipowner Torvald Klaveness Group, has challenged industry players to act on Scope 3 emissions now or risk increasing costs and losing competitive advantage, in a recent webinar discussing the opportunities of digitalization and decarbonization.
The industry buzz around large scale demolition of crude oil tankers has brought little tonnage to the scrapyards crushing market recovery hopes pinned on scrapping, BIMCO said. The year 2021 has been tough on crude oil tanker freight rates across the board so far. Nevertheless, there has been all t
By January 2022, Ports America Chesapeake (PAC) will have 15 new hybrid rubber-tired gantry (RTG) cranes from Konecranes to expand operations and reduce diesel emissions at Port of Baltimore’s Seagirt Marine Terminal.
Japanese shipping major K Line has taken delivery of its first LNG-powered car carrier named Century Highway Green. The next-generation vessel was built by Tadotsu Shipyard Co., part of the Imabari Shipbuilding Group. The company said that the delivery represents an important milestone for achieving
Danish tanker owner Maersk Product Tankers has cut its CO2 emissions by 3.3 percent in 2020 with the help of its proprietary digital and technical solutions. The latest decrease gives a total reduction of 28.7 per cent between 2008 and 2020 as measured on the Energy Efficiency Operational Indicator,
Maritime industry leaders have embarked upon a feasibility study aimed at establishing a comprehensive supply chain for the provision of green ammonia ship-to-ship bunkering at the Port of Singapore. The companies taking part in the project include A.P. Moller – Maersk A/S, Fleet Management Limited,
United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo transportation, reported massive CO2 emissions cuts by using biofuel on board one of its roll-on/roll-off (RoRo) vessels.
Classification society ABS has signed an agreement with Diana Shipping Services (DSS), a subsidiary of Greek shipowner Diana Shipping, to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under DSS management.
Deltamarin, in partnership with Cargill and BAR Technologies, has launched a virtual showroom of their WindWings technology. WindWings is a wind propulsion system designed to harvest wind energy, and it has the potential to reduce a vessel’s CO2 emissions by up to 30%, according to its developers. T
CDWE, a joint venture between CSBC and DEME Offshore, held an official keel laying ceremony for the Green Jade installation vessel at CSBC’s shipyard in Kaohsiung, Taiwan, on 5 March. The first steel for Green Jade, the first Taiwan-built floating heavy-lift offshore wind installation vessel, was cu
Singapore-based gas shipping giant BW Group and technology company Miros are launching Miros Mocean, a joint venture focusing on optimizing vessel performance. The new company will combine BW Group’s maritime expertise with Miros’ radar technology providing precise data about the operating condition
