Japanese shipping solutions provider e5 Lab Inc. has established Marindows Inc. in an effort to bring advanced information technology (IT) to Japan’s maritime industry.
Deep-ocean polymetallic nodules exploration company DeepGreen Metals intends to go public in a merger deal with a special purpose acquisition company (SPAC). The company has entered into a definitive business combination agreement with US-based Sustainable Opportunities Acquisition Corporation (SOAC
Global shipping CO2 emissions decreased 1% last year as the Coronavirus pandemic curtailed 2020 shipping activity, according to maritime data provider Marine Benchmark. CO2 emissions among the ‘Big-3’ – tankers, bulkers, and containers – actually increased 1.2%, with a 2.4% decline in container emis
Swedish financial services group SEB has joined the Responsible Ship Recycling Standards (RSRS), a joint bank initiative for ensuring environmentally and socially responsible dismantling and recycling of ships.
The EU should promote the use of green hydrogen and ammonia by ships as part of its upcoming maritime fuel law, major shipping industry players and environmentalists have told the European Commission. The new law, better known as the FuelEU Maritime initiative, will require ships carrying EU trade t
Haldor Topsoe, a Denmark-based catalysis company, has joined Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.
U.S. Energy Secretary Jennifer Granholm will reactivate her department’s loan program office to boost the transition to clean energy.
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
Israel has identified the crude oil tanker that polluted its shores with blocks of tar following an oil spill, the country’s Environmental Protection Minister Gila Gamliel said. According to the Ministry of Environmental Protection, the ship in question is a Libyan-owned ship that was carrying cargo
BIMCO, the world’s largest shipping association, has called on states and the shipping industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry.
The Swedish government has awarded four shipping companies with an environmental bonus for innovative and sustainable projects. Three of the four projects selected to receive eco-bonus operate services to and from Ports of Stockholm: AB Rederi Gotland won the bonus for changing from road cargo trans
Ireland-Wales Greenlink electricity interconnector has secured consent for a marine licence from Natural Resources Wales (NRW). The marine licence covers installation of the marine cable in UK waters. Greenlink said the approval by NRW is a major milestone and joins the onshore planning consents gra
Swedish-based international shipping company Stena has signed a $180 million loan agreement with KfW-Bank to finance two new E-Flexer RoPax ferries. The dup forms part of a series of nine new vessels ordered by Stena from China Merchants Jinling Shipyard (Weihai). The shipyard has already delivered
Italian shipping company Grimaldi has christened Eco Livorno, the third hybrid roll-on/roll-off (RoRo) unit of Grimaldi Green 5th Generation (GG5G) vessel class.
