The Port of Aberdeen, the UK’s oldest business, now boasts the country’s newest harbor, signaling a vibrant future for energy, trade, and tourism in Scotland’s journey towards net zero emissions. Namely, the port’s £420 million (USD 514 million) expansion project was officially inaugurated on Friday
In a show of collective dissent, hundreds of employees of Hamburger Hafen und Logistik AG (HHLA) rallied on Tuesday to protest against the proposed partial sale of the company to the Swiss container shipping giant, MSC (Mediterranean Shipping Company). The demonstrators marched from the HHLA headqua
Nexans Marine Operations has placed an order with Ulstein Verft for the construction of its new cable-laying vessel (CLV), said to be an updated version of the Nexans Aurora. The “large” DP3 vessel, based on the Nexans Aurora design as developed by Skipsteknisk, will be able to carry out the transpo
Malaysia’s state-owned energy giant PETRONAS, through its wholly-owned subsidiary PETRONAS CCS Ventures, has teamed up with compatriot shipowner MISC Berhad and Japanese shipping major Mitsui O.S.K Lines (MOL) on the development and commercialization of Liquefied Carbon Dioxide (LCO2) carriers. The
Copenhagen-based coating supplier Hempel has opened a new production facility in Zhangjiagang, China as a way of responding to the growing demand for coating solutions. The inauguration ceremony for the new production facility comes three years after the announcement of expansion plans to meet the g
A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named CMA CGM Paraty, was built for the French CMA CGM Group. The ceremony was h
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has teamed up with IT-support company TIS, and Miotsukushi Analytics, a consulting firm that specializes in data analysis, to develop a draft survey application that harnesses the power of artificial intelligence (AI). The application uses AI to
Laura Maersk, the world’s first containership powered by green methanol, has set sail from Copenhagen, Denmark officially commencing her operations. Maersk, the owner of the groundbreaking ship, shared video footage of the vessel departing the Toldboden area of the Copenhagen harbor near the headqua
The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage, Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said yesterday in a powerful address at the European Shipping Summit (ESS) in Bruss
Seaside LNG, an LNG production and maritime transportation logistics provider based in Houston, Texas, has become a member of SEA-LNG, a prominent industry coalition dedicated to demonstrating the advantages of the LNG pathway for reducing shipping emissions. Seaside LNG is the sole company in North
A cooperation project for establishing China’s first green methanol industrial chain which aims to propel shipping’s decarbonization has been officially launched. COSCO Shipping, State Power Investment Corporation (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection
A recent report from Wood Mackenzie titled “Playing by New Rules: How the CBAM Will Change the World” sheds light on the potential consequences of the European Union’s Carbon Border Adjustment Mechanism (CBAM). The Carbon Border Adjustment Mechanism, a policy that will require producers of goods imp
Multinational technology company ABB has secured an order to deliver a complete power, propulsion, and automation system for two hydrogen-fueled short-sea container ships being built for Dutch logistics company Samskip. While financial details were not disclosed, ABB said the order was booked in the
As the European Union (EU) prepares to implement the EU Emission Trading System (ETS) directive for the maritime sector, the European Sea Ports Organisation (ESPO) has raised concerns about the potential for carbon and business leakage due to the current legislation’s limited scope. The EU ETS direc
