bound4blue, a developer of wind-assisted propulsion technology, and Oceanking, a Greece-based provider of marine technology solutions, have formed a partnership to jointly expand access to the eSAIL technology in Greece and Cyprus. bound4blue’s eSAIL is a wind-assisted propulsion system known as a s
Bangladesh is expected to ratify the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, commonly known as the Hong Kong Convention, in the next few weeks. The decision was confirmed by the Bangladesh Government during a visit to the country by Norwegian aut
Investment in decarbonization for a shipping company may appear counterintuitive to its profitability due to several factors. Firstly, the upfront costs of transitioning to low-carbon technologies, such as investing in eco-friendly vessels or retrofitting existing ones, can be substantial. These exp
UK-based HVDC cable company XLCC has completed model testing on its new cable laying vessel (CLV) that was announced last year and which will be deployed in the renewable energy sector. The vessel will feature battery energy storage systems and shore power to reduce fuel consumption and has been des
Ricardo, a strategic, environmental and engineering consulting company, is working with the Sustainable Hydrogen Powered Shipping (sHYpS) consortium to design and develop hydrogen fuel cell propulsion technologies to power the next generation of zero-emissions passenger ships. According to Ricardo,
Egypt has made a step towards establishing the country’s first green methanol production project which will include investments of about $450 million and produce 40,000 tons of green methanol per year. The joint development agreement for this project was signed on 14 May by Egypt’s Alexandria Nation
Swiss marine power company WinGD said that its dual-fuel X-DF2.0 engines will power two newly delivered car carriers for Japanese ship owner NYK Line. The LNG-hybrid vessels feature emissions reduction technology, energy management, and digital optimisation solutions with the engine at the heart of
Bulkship Management, the Oslo-based ship manager with a specialty in geared vessels, has signed a contract to implement BERG Propulsion’s ‘EPL for EEXI’ power limitation solution across 10 ships trading in US Gulf and Caribbean waters. The Berg Engine Power Limitation (EPL) is intended for ships who
Jacksonville Port Authority (Jaxport) has facilitated the move of dozens of liquefied natural gas (LNG) storage tanks, owned by LNG supplier Eagle LNG Partners, through the port’s Blount Island Marine Terminal. According to Eagle LNG, half of the tanks will be used to temporarily increase storage at
Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti
In a surprising turn of events, the Supervisory Board of Belgian tanker major Euronav NV has announced the departure of CEO Hugo De Stoop with immediate effect, citing mutual agreement. The company said in a press release that the majority of the Supervisory Board supported the decision. The move co
The Philippines and Indonesia, which are home to just under 21% of the world’s crew members, are taking action to support their seafarers in developing modern skill sets as shipping decarbonizes. With 252,392 of the world’s seafarers, 13.3% of global crew members, calling the Philippines home, the c
Industry major A.P. Moller – Maersk (Maersk) has completed the divestment of Maersk Supply Service (MSS) announced two months ago. At closing, A.P. Moller Holding, the parent company of the A.P. Moller Group, will assume full ownership of MSS. Maersk Supply Service will continue trading under its cu
The LNG Canada project in the port of Kitimat, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, is advancing works at its tug berth facility which will support HaiSea Marine’s new fleet of electric battery-powered and low-emissions tugboats. According
