It is just the second week of the new year ahead of us, however, European authorities and industry are not wasting any time on acting upon carbon reduction efforts. This week saw the European Union launch a number of initiatives, making us wonder whether 2023 will be the year of big changes.
Swiss freight trader Cargill has placed an order for two methanol-fuelled bulk carriers in Japan. Namely, the company has teamed up with Mitsu & Co, and ordered a Kamsarmax duo from Japanese shipbuilder Tsuinesihi Shipbuilding. The order was reportedly signed last month and the ships are scheduled f
Stolthaven Terminals and Taiwanese Revivegen Environmental Technology Co. LTD launched their joint venture on Thursday at a ceremony with Taiwan Cooperative Bank in Kaohsiung. The duo teamed up in 2021 with the intention to build a new greenfield terminal in Kaohsiung Port, Taiwan. The JV has been n
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
Norway-based H2Carrier has signed a memorandum of understanding (MoU) with Indian multinational conglomerate Larsen & Toubro (L&T) for cooperation in developing floating green ammonia projects for industrial-scale applications. H2Carrier is the designer and owner of the proprietary floating energy p
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has revealed an investment in Berlin-based startup C1 Green Chemicals AG which specializes in the production of green methanol. The company has developed innovative technology enabling the mass production of green methanol without
Chinese shipbuilder Hudong-Zhonghua Shipbuilding is progressing with the construction of the fourth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). On 12 January, the shipbuilder held a keel-laying ceremony for the
Dry bulk operator Norvic Shipping has acquired a newbuild dry bulk vessel on a long-term period-charter from Japanese shipowner Fujimaru Kaiun. The new 64,000dwt Ultramax, to be named Norvic Copenhagen, will transport dry cargo for customers around the world following its delivery from Imabari Shipy
Israel’s Haifa Port has been officially taken over by a consortium headed by India’s Adani Group, Israel’s Finance Ministry said updating on the privatization. The privatization conclusion comes on the back of the acquisition of the necessary approvals from Israeli’s governmental bodies. A consortiu
DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server. DeepOcean is chartering the MPSV from Stavanger-based shipowner Simon Møkster Shipping, who will upgrade the vessel to include battery power notati
Stena Line has held a christening ceremony for its fifth E-Flexer vessel Stena Ebba, marking the launch of its second E-Flexer ferry on the Karlskrona-Gdynia route. Stena Ebba was named by her godmother Ulrica Messing, the governor of the Blekinge region in Sweden, who traditionally smashed a bottle
Chinese tanker vessel identified as Hong Pu 6 has broken apart following an explosion on January 10, while the vessel was in the Rizhao area. According to the Chinese media reports, the Beihai Rescue Bureau of the Ministry of Transport received a notification from the Shandong Provincial Maritime Se
South Korean shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58 percent of the total ordering tally for the year. This equals 149 vessels or 12.0 million compensated gross tonnage (CGT) out of 270 vessels (20.8 million CGT) ordered in 2
Swiss energy storage solutions company Leclanché has been selected as the battery technology provider for two hybrid ferries being built for Stena Line and Brittany Ferries. Leclanché will provide two battery systems with a total capacity of 22.6 MWh, or 11.3 MWh each, for the RoPax ferries that are
