Eagle Bulk Shipping, one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, has become a signatory to the Sea Cargo Charter. The charter, which was launched in October 2020, provides a global framework for aligning chartering activities with responsible environmen
WESE project has completed an environmental monitoring campaign for the WaveRoller wave energy device deployed off the coast of Portugal.
Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter o
Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement and management assistance to realise the CO2 capture plant at Norcem’s cement factory in Brevik, Norway. The project will start in January 2021, with work completed in 2024. The contract has a value of about
Grieg Edge, an innovation hub established by Grieg Star Group, and Wärtsilä Norway have secured financial support for their project to build the world’s first green ammonia fueled tanker – to ship green ammonia. Specifically, the MS Green Ammonia project will receive NOK 46.3 million from the Norweg
Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.
Finnish shipbuilder Meyer Turku has delivered Mardi Gras, a 180, 000 gross tonnage, LNG-powered cruise ship, to the world’s largest cruise ship operator Carnival Cruise Line. The shipbuilder sees the delivery as a major milestone having in mind the actual circumstances of the COVID-19 crisis. Namely
The probable cause of the devastating grounding and oil spill from Wakashio off Mauritius are unsafe behaviors due to overconfidence that stems from complacency, Japanese shipowner MOL said. The bulk carrier Wakashio, chartered by MOL from a subsidiary of Nagashiki Shipping Co., ran aground off the
Damen Shipyards Galati in Romania has launched the fourth Island Class battery-powered ferry for the Canadian ferry operator BC Ferries. Work will continue on the new ship until scheduled sea trials in April. Following successful sea trials, the vessel will make its way to Point Hope Maritime in Vic
Echandia Marine, a Sweden-based zero-emission energy technology provider, has signed an agreement with Siemens to provide E-LTO battery systems for 23 modern electric ferries for the South Indian city of Kochi’s public transport. The project comprises a total of 78 zero-emission vessels, which is th
Commodity trader Gunvor Group has made an investment in Artemis Technologies as a part of the company’s commitment to developing nonhydrocarbon solutions to maritime transportation. The investment by Gunvor follows the recent award of a £33 million ($ 44.8 million) UK Government innovation grant to
A revised Strategy from the UK OGA, featuring a range of new net-zero obligations for the UK oil & gas industry, was submitted before the UK Parliament.
Trinidad and Tobago-focused exploration and production company Trinity E&P is looking into developing new energy projects to enable the energy transition.
A binary cycle power generation system for ships, jointly researched by Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot steel manufacturer Kobe Steel, has been installed on a very large ore carrier (VLOC) newbuild.
