A.P. Moller Maersk has been a strong supporter of decarbonization in the maritime industry and it is targeting to become a net zero-company by 2040. Nevertheless, despite strong ambitions and targets, the business works in such a way that achieving these targets is often impacted by market condition
Dutch maritime technology company Value Maritime has completed the installation of its Filtree system on board JR Shipping’s container feeder vessel MV Energizer. The installation of the exhaust gas filter system with the optionality to reduce carbon footprint by means of fully circular ‘Carbon Capt
Evergreen’s giant 24,000 TEU containership Ever Acme transited the Suez Canal on Friday, 3 of February, while underway on its maiden voyage from Malaysia to the Netherlands. The ship is the newest addition to Evergreen’s A-type vessel series and can carry over 24,000 containers. The head of the Sue
China’s Mawei Shipyard has delivered the first of two multipurpose DP2- B-type vessels to Spliethoff, the Brouwersgracht. The 12,500-dwt vessel is equipped with two Huisman 500 mt Heavy Lift Mast cranes, and it is suitable for both heavy lift transportation and offshore installation. The vessel’s de
French ballast water treatment systems producer BIO-UV Group has reported a 31% increase in revenues from its maritime business segment, contributing to full-year consolidated revenues of €51.5m for the 2022 financial year. The Euronext Paris listed company confirmed the sale of more than 200 BIO-SE
Danish tanker company TORM has entered into agreements to acquire a total of seven 2011-2013 built LR1 vessels. The company will spend $233 million on the acquisition. According to TORM, all the vessels are built at renowned Korean and Chinese shipyards. The tankers are expected to be delivered no l
Japanese heavyweights ITOCHU Corporation, Mitsubishi Heavy Industries, INPEX Corporation and Taisei Corporation have joined hands to conduct a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project. Under the Memorandum of Understanding (MoU), the
Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Cha
Swedish Alfa Laval has developed separators and separator upgrades that are optimized for biofuels, which are seeing an increase in demand as shipowners seek solutions to decarbonize their operations. . The separators are compatible with hydrotreated vegetable oil (HVO) and fatty acid methyl ester (
Oslo-based Eitzen Group has become a majority shareholder in Høglund Marine Solutions, a compatriot provider of sustainable automation and energy solutions for the maritime industry. Høglund designs and develops smart automation, energy, and digital solutions targeting the optimization of vessels’ o
Howden, a Glasgow-based provider of air and gas handling products, has signed a Memorandum of Understanding (MoU) with naval architecture and marine engineering firm Foreship. The cooperation agreement focuses on incorporating Howden’s HV-TURBO compressors in Air Lubrication Systems (ALS), suitable
Chinese shipbuilder Hudong Zhonghua Shipbuilding has launched the construction of a 15,500 TEU containership being built for Hong Kong-based containership owner Seaspan Corporation. Seaspan ordered a total of six ultra large containerships in March 2021, splitting the order between CSSC’s Hudong-Zho
The construction of MSC’s 16,000 TEU ultra-large containerships in China is ramping up with the second boxship hitting the water in the first two weeks of this year. Namely, Chinese shipbuilder Guangzhou Shipbuilding International (GSI) has launched a 16,000 TEU ULCVs named MSC Noa Ariela. The vesse
Swiss-based liner major Mediterranean Shipping Company (MSC) is starting the year on a high note with the construction of its New Panamax giants in China making headway. Namely, Dalian Shipbuilding (DSIC), part of China State Shipbuilding Corporation (CSSC), has launched MSC Chiyo, a 16,000 TEU boxs
