The British Ports Association (BPA) has mapped out some of the most important pieces of legislation and regulation that affect ports and rated their suitability to the industry. The regulatory assessment identified 140 regulations, codes, and laws that affect ports. According to BPA, 12% of these we
The Green Ray project, led by a consortium of companies across the shipping supply chain, has won funding from the European Union to develop solutions minimizing methane slip from marine engines. The funding worth €7 million has been secured through Horizon Europe, the EU’s key funding program for r
The Prince Rupert Port Authority (PRPA) is marking the tenth anniversary of its Green Wave program, which provides financial incentives to shippers who voluntarily invest in environmentally sustainable practices. Since 2013, commercial vessels have been assessed and allotted savings on their harbour
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched the 15,500 TEU Maersk Charleston. The scrubber-fitted vessel is being built for Hong Kong-based Seaspan Corporation under a contract announced in 2021 covering six 15,500 TEU units. It will be cla
UK-based cleantech company Silverstream Technologies has completed the installation of its air lubrication system on board the 24,000 TEU containership MSC Irina. The giant boxship is being built for MSC Mediterranean Shipping Company at Yangzijiang Shipbuilding Group. Specifically, the vessel was o
South Korean shipbuilding major Hyundai Heavy Industries (HHI) has delivered the LNG carrier Asterix I to the Greece-based shipowner Capital Product Partners (CPLP). The shipping company bought the 174,000 cbm LNG carrier Asterix I in June 2022 while the vessel was still under construction at the Ko
German dry bulk operator Oldendorff Carriers has named its second Cazesize newbuilding built by Namura Shipbuilding in Japan. The vessel was named M/V Gina Oldendorff and follows the delivery of its sistership Alice Oldendorff, which was built also built by Namura and handed over in November 2022. B
Although liner heavyweight Mediterranean Shipping Company (MSC) is trying to keep its ordering of new boxships on the down low, details have emerged of the company’s ten recently ordered LNG dual-fuel containerships. The order was confirmed by China’s CIMC Group, which disclosed that the constructio
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed the installation of Value Maritime’s (VM) Filtree system onboard its managed vessel M/T Pacific Cobalt in Rotterdam, the Netherlands. The Filtree system, which filters sulphur and 99% of particulate matter, include
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has purchased three scrubbers that will be installed on three of its Capesize vessels due for drydock in 2023. The company assigned $1.2 million for the purchase, excluding installation costs. Scrubbers, also known as exhaust gas cleaning s
Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them
Japan-based technology company Eco Marine Power (EMP) has been hired by an unnamed shipping company based in the United Arab Emirates (UAE) to undertake a joint Eco Ship technical study related to renewable energy solutions for ships. EMP said that the study will also include investigating innovativ
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement to acquire six 208,000 dwt vessels equipped with exhaust gas cleaning systems (scrubbers) for a total of $291 million. GOGL said that the newly-acquired vessels will be chartered back to their former owner, the
