Norwegian shipping and tank terminal company Odfjell SE is planning to issue a sustainability-linked NOK denominated four-year senior unsecured bond. Odfjell said that the bond issuance would follow a series of fixed income investor calls commencing January 11, 2021. The company explained that it ha
MISC Berhad, a Malaysia-based provider of energy-related maritime solutions and services, has taken delivery of Seri Erlang, its second very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea.
Dutch power company Eneco and the Port of Rotterdam Authority, united in Rotterdam Shore Power BV, have agreed with port operator Vopak Terminal Europoort to conduct a feasibility study for the use of shore-based power at the terminal.
UK’s fund management company Tufton Oceanic has announced a deep corporate reorganisation designed to ensure further growth.
Scorpio Bulkers Inc. intends to change its name to Eneti Inc as part of its transition away from the dry bulk business towards marine-based renewable energy. “The change of the company’s name is subject to approval at an Extraordinary General Meeting to be held on February 3, 2021 for shareholders o
Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM
Electrification of Port of Tyne’s existing diesel-powered Liebherr mobile harbour crane and diesel-powered Drax Hoppers used for handling bulk material will help the port eliminate 700 tonnes of CO2 emissions in one year, the UK port said. These two initiatives aim to cut the port’s diesel consumpti
In the next five years, Estonian Port of Tallinn will be focusing on the implementation of its vision — to become the most innovative port in the Baltic Sea.
Power company AES Corporation recently signed an agreement to sell its entire equity interest in the 1,242 megawatt Mong Duong 2 coal-fired power plant in Vietnam.
Although the UK’s offshore oil and gas industry has committed to cutting operational emissions in half by 2030 and achieving net-zero production by 2050, operators will have to make leaps forward in technology, policy, and investment to reach these goals, according to Wood Mackenzie.
Ship classification society Nippon Kaiji Kyokai (ClassNK) said that the installation deadlines based on the BWMS Convention for many of its registered ships are still concentrated in the year 2022. As of the end of November 2020, 7,220 of the 9,159 ships registered with ClassNK are obligated to inst
German logistics and transportation company HHLA Container Terminal Altenwerder (CTA) has welcomed 16 battery-powered Automated Guided Vehicle (AGV) in 2020. With the delivery of the latest vehicle, the number of environmentally friendly vehicles now totals over 60 units. This means that two-thirds
Several partners have launched Current Direct, a new research and innovation project that aims to revolutionize the way goods and people are moved by water.
Italian Grimaldi Group started 2021 with the delivery of Eco Barcelona, the second of twelve hybrid Grimaldi Green 5th Generation (GG5G) class vessels.
