Dutch shipbuilding major Damen shipyards has inked a partnership agreement with Boluda Towage, part of Spain’s Boluda Corporación Marítima, aimed at bringing zero-emission tugs to Europe. In the harbour and towage sector, electric and methanol-fueled propulsion systems currently offer the best and m
Oslo-listed shipowner Klaveness Combination Carriers (KCC) has entered into a deal with Chinese shipbuilder Jiangsu New Yangzi Shipbuilding Co for the construction of three third generation (CABU III) vessels. The company said that the CABU III newbuilds will introduce a new standard of efficiency w
India Ministry of Ports, Shipping & Waterways (MoPSW) has vowed to provide 30% financial support for the promotion of green shipping. This initiative reflects the government’s dedication to fostering sustainable practices within the shipping industry, which is known for its significant environmental
Swiss commodity trading house Trafigura has released new research emphasizing the pivotal role that hydrogen-based fuels will play in decarbonising the shipping sector. The study highlights the significant potential for countries in the ‘Global South’ to produce green ammonia and green methanol, mee
Scandlines’ ambitious project to develop a zero direct emission freight ferry is well underway at the Cemre shipyard in Turkey, as steel plates are meticulously cut and preparations are made to assemble the sections that will form the vessel. The Cemre shipyard in Turkey has now cut all the steel pl
Low and zero-emission fuels supplier Titan and Carnival Corporation, one of the world’s largest cruise companies, have completed their first LNG bunker operation in the port of Kiel in Germany. According to Titan’s brief social media update, the operation was the first-ever LNG bunker delivery perfo
Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has taken delivery of the first two out of ten ECO-type dual-fuel ready Kamsarmax newbuildings, built by China’s Dalian Shipbuilding Industry Corp. The two bulkers, each with 85,000 dwt, have been named Golden Star and Golden L
The Dutch Ministry of Infrastructure and Water Management intends to allocate a sum of €140 million towards supporting the implementation of shore power installations within seaports. Additionally, an extra €40 million will be contributed from the climate fund, the ministry said. Shore power, also k
Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years, BIMCO estimates. As recycling volumes increase, it is increasingly important that th
The number of containers lost overboard in 2022 is 661, the World Shipping Council (WSC) said in its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. As explained, this represents the lowest losses in % sin
Single-fuel methanol engines may hold the key to a greener future for tugs, marine propulsion systems manufacturer Rolls-Royce Power Solutions (RRPS) and Maersk’s towage operator Svitzer said in a joint paper. The main driver behind the development of dual-fuel engines is fuel flexibility, allowing
The three seafarers who were kidnapped in early May from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore, have been rescued, the company confirmed. The vessel was boarded by pirates whilst in the inner anchorage of the Port of Owendo, Gabon, on May 2, 2023 after arrivin
Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel, MSC Gemma. The colossal containership was officially handed over to ICBC Financial Leasing Co., Ltd.,
Competition authorities have approved the merger of ship management companies OSM Maritime Group and Thome Group. The merged company, OSM Thome, will be a powerhouse in the international ship management market, represented in 22 countries and headquartered in Arendal, Norway. “This is a big day for
