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Silk Alliance outlines implementation plan for green corridor cluster

Members of ‘The Silk Alliance’ cross-supply chain industry partnership, initiated by the Lloyd’s Register (LR) Maritime Decarbonisation Hub, have issued an open letter to drive actions to accelerate the green corridor cluster in Singapore. The letter outlines an implementation plan with key mileston

about 2 years ago

Transition

Mitsubishi splashes Fujitrans’ new RoRo ship

Mitsubishi Shipbuilding, a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, held a christening and launch ceremony for the Fugaku Maru, a roll-on/roll-off (RO/RO) ship under construction for Fujitrans Corporation. The ceremony took place at the Enoura Plant of MHI’s Shimonoseki Shi

about 2 years ago

Transition

GSBN, DNV team up on verified data sharing in a major push for decarbonization

Global Shipping Business Network (GSBN), an independent non-profit technology consortium, has signed a Memorandum of Understanding (MoU) with the DNV classification society. The partnership aims to promote decarbonization and accelerate the adoption of alternative fuels by enabling the trusted shari

about 2 years ago

Transition

Norsepower rolls out rotor sail leasing initiative

Finnish cleantech company Norsepower Oy, Japan’s shipowner IINO Kaiun Kaisha (IINO Lines), and compatriot Mizuho Leasing Company have signed a cooperation agreement to launch a mechanical sail leasing initiative for Norsepower’s rotor sail. This move aims to increase shipping companies’ access to No

about 2 years ago

Transition

€900 million win for Prysmian in New York

Prysmian Group has signed an agreement worth approximately €900 million to deliver submarine and land power cable systems for what is said to be one of the largest transmission infrastructure projects in the U.S. Clean Path New York is an $11 billion renewable energy project comprising 3,800 MW of w

about 2 years ago

Transition

Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

18 minutes read

Rendered image of the Vinga vessel series

Transition

Furetank and Algoma’s first dual-fuel Vinga-class ship hits the water

Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have welcomed the launching of the first vessel intended for their joint venture FureBear. The vessel, named Fure Vanguard, is the ninth sister ship in the Vinga class and the ship was officially launched at C

about 2 years ago

Transition

Hanwha Ocean wins approval for onboard CO2 capture system

The Korean Register (KR), in collaboration with the Marshall Islands Registry, has granted Approval in Principle (AiP) for an onboard CO2 capture system (OCCS) developed by Hanwha Ocean during Kormarine 2023 in Busan, South Korea. With the International Maritime Organization (IMO) and the European U

about 2 years ago

Transition

Two dual-fuel LR2 tankers join Wallem’s managed fleet

Hong Kong-based ship manager Wallem Group has welcomed into its fleet two dual-fuel vessels, Angleviken and Askviken over the past few months. The two 110,000 dwt LR2 tankers, delivered by Guangzhou Shipyard International, are owned by Viken Shipping from Norway. They can run on both heavy fuel oil

about 2 years ago

Transition

Anemoi, Hudong-Zhonghua Shipbuilding join forces on LNG carrier rotor sail designs

UK-based wind propulsion company Anemoi Marine Technologies has entered into a joint design cooperation deal with Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group for the design of rotor sails onboard two LNG carrier newbuildings. The deal was signed on 26 October between Nick Contopoulos, Chi

about 2 years ago

Transition

Dutch govt, maritime sector pledge €60 million to turbocharge shipbuilding innovation

The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint

about 2 years ago

Transition

Electrifying Debut: HaiSea Wamis completes its 1st tanker escort with full electric power

The fully electric harbor tugboat, the HaiSea Wamis, has accomplished its inaugural task, completing its first-ever oil tanker escort using all electric power, and heralding a new era of eco-friendly ship escorts. The HaiSea Wamis, a pioneering vessel in HaiSea Marine’s fleet, played a pivotal role

about 2 years ago

Transition

Winners of Denmark’s first PtX tender to build over 280 MW of electrolysis capacity

The Danish Energy Agency has closed the first Power-to-X tender, revealing six winning project divided between four companies. The selected six projects will together build over 280 MW of electrolysis capacity. The tender was launched in April and was open until September 1, 2023. Through the tender

about 2 years ago

Transition

Manisa orders up to 8 cargo ships from CSSC Guangxi Shipbuilding

Italian shipping company Manisa Chartering has entered into a contract with China State Shipbuilding Corporation’s Guangxi Shipbuilding and Offshore Engineering for the construction of up to eight 8,500-ton general cargo ships. This deal represents the most significant export order for shipbuilding

about 2 years ago