Decarbonisation - News

As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of twelve (12) 3055 Teu container vessels with Nihon Shipyard Co Ltd. (NSY) / Japan Marine United Corp (JMU). The contract was signed on 28th June 2021. These new vessels will start taking delivery in the end of July 2023. Efficient vessel fleet Currently, Wan Hai Lines operates a fleet of 86 owned vessels and 64 chartered vessels. This new shipbuilding contract is the company’s latest fleet ren...

Cammell Laird, the UK’s leading shipbuilder, has named The Royal Naval Benevolent Trust (RNBT) as its Charity of the Year. The announcement comes during Armed Forces Day 2021 and is a reflection of Cammell Laird’s proud history of supporting the Armed Forces and the Royal Navy in particular, both during times of war and in peacetime. Range of different ways A further compelling reason for the choice is that many of Cammell Laird’s current employees are former service personn...

SBM Offshore is pleased to announce it has completed the project financing of FPSO Prosperity for a total of US$1.05 billion. The project financing was secured by a consortium of 11 international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantee has been released. The project loan has a tenor of two years post-completion, in line with the du...

On June 25th, Yang Ming Marine Transport Corp. (Yang Ming) celebrated the naming of its 2,800 TEU class full container vessel, YM Continuity with a virtual naming ceremony. Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon, located respectively at Yang Ming’s headquarters in Keelung and CSBC Corporation’s administration building in Kaohsiung, jointly officiated the ceremony. Mrs. Chen Shu-Huei, wife of the President of National Ocean Taiwan University...

Hapag-Lloyd has commissioned the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six ships, each with a capacity of over 23,500 TEU. The container liner shipping company had already placed an order for six ships of the same size at the end of 2020. Thus, the fleet will be expanded by a dozen 23,500+ TEU ships in total. The large container ships will be outfitted with a state-of-the-art high-pressure dual-fuel engine that will be extremely fuel-efficient. Their engine...

In 2015 Stena Line made history by converting one of the largest RoPax ferries in the world, the 240-metre Stena Germanica, to become the world’s first methanol powered ferry. Now the Swedish ferry company has achieved another world first, by powering Stena Germanica with methanol recycled from residual steel gases. This week Stena Line took the next step on their sustainable journey towards achieving zero carbon when the Stena Germanica travelled from Sweden to Germany powered by recycle...

X1 Wind has secured a multi-million euro grant to launch its first commercial floating wind project. The floating wind technology developer has been allocated €2.5m through the European Innovation Council (EIC) Accelerator program. It was named among 38 of the most promising start-ups by the EIC after being shortlisted from 4200 applications to receive funding to ‘develop and scale up ground-breaking innovations’. X1 Wind CEO & Co-Founder Alex Raventos said the grant will...

The Seafarers’ Charity, in partnership with researchers at the University of Nottingham, released a new survey to better understand the reality of working conditions for fishing crew across the UK. The 20-minute research survey covers subjects including contracts and crew accommodation, facilities, and fishers' welfare. Crew members are encouraged to anonymously share their experiences of working life on fishing vessels. Financial challenges Catherine Spencer, CEO of The S...

Together with its partner - ScanOcean AB, Neste is broadening the sales and distribution of low-sulphur marine fuels in the Swedish market. At the end of June 2021, ScanOcean will add Neste MGO DMA from the Neste Marine™ 0.1 product range to their product offering, alongside the Neste MDO DMB. Both bunker grades will be available at the Södertälje ex-pipe bunker station that serves vessels also in transit into Lake Mälaren. Compatibility features We are working...

Iridium Communications Inc., announces that the Iridium Certus® 200 service is commercially available for maritime, land mobile, and government markets. The new service class offers the best performance-to-value in the industry for maritime and land-mobile applications, with aviation solutions targeting late 2021. Unlike competing L-band broadband services that require a large antenna dome, Iridium Certus 200 offers uncompressed transmission speeds up to 176 Kbps and up to three high-qual...

Ocean Network Express (ONE) announces that the company has entered into a partnership with Rutgers Business School (RBS) in June 2021. Being the first of its kind in ONE's global partner network, this partnership will enable ONE to gain direct outreach to RBS' academic resources while striving to reduce its carbon footprint. Project opportunities ONE will present business project opportunities to RBS students. These projects will allow Rutgers students to examine trends in maritime decarbonis...

Neste and LyondellBasell announced a long-term commercial agreement under which LyondellBasell will source Neste RE™, a feedstock from Neste that has been produced from 100% renewable feedstock from bio-based sources, such as waste and residue oils and fats. This feedstock will be processed through the cracker at LyondellBasell’s Wesseling, Germany, plant into polymers and sold under the CirculenRenew brand name. “We are delighted that our strategic relationship with LyondellB...

Neste and Boston Consulting Group (BCG) have signed a new agreement for the purchase of Neste MY Sustainable Aviation Fuel™, to be delivered to airlines SAS and Finnair, covering the volume of all the flights with these carriers taken by BCG employees in the Nordics. Through this new partnership, BCG expects to significantly reduce greenhouse gas emissions on flights with these airlines. Minimising climate impact As companies adopt new meeting and engagement approaches taking the l...

DNV, the independent expert in assurance and risk management, has signed an agreement with Keppel Offshore & Marine (Keppel O&M) for collaboration on the hydrogen value chain. Collaborative aim The overall aim of the collaboration is to explore the safe implementation of potential new technologies, working jointly with relevant governmental agencies to promote the introduction of hydrogen as an energy source in the Singapore market to support the country’s decarbonisation goals.&...

General cargo ship “FESCO Pioner” set sail on 13 June 2021. FESCO vessel will deliver to Anadyr and Egvekonot about 287 TEU of containerised cargo and 103 tonnes of general cargo. The approximate date of arrival of the vessel to Anadyr is 22 June 2021. Delivery of the goods on linear service "FESCO Anadyr Direct Line" (FADL) is to last until the end of October. FESCO vessels will have 5 voyages to deliver about 1500 containers and 1000 tonnes of general cargo to the ports of Anadyr...

Global trade was completely reshaped in the past year and a half because of the global health crisis that sparked systematic problems driving everyone to re-think supply chain models and agility of service networks. As a major sponsor of The Economist’s Global Trade Virtual Week, MSC announces two speakers taking part in the discussion on sustainable trade, and the role of container shipping and logistics as a positive force in shaping the post-pandemic global trade. The free online even...

Spire Global, Inc. (Spire), a globally renowned provider of space-based data and analytics solutions, has announced the expansion of its Maritime Weather solutions portfolio. By providing more accurate and reliable insights, Spire is continuing to support its customers as a trusted source for open ocean weather data. The Spire Weather team has added 10 years of historical weather data from across the entire planet. Historical data is vital for understanding weather patterns, planning future voy...

Due to popular demand the only event dedicated to maritime marketers is back. This year Marketing in Maritime takes to the digital stage, perfectly reflecting the evolving landscape that has faced marketers in all sectors over the past year. Building on the first live event in London, 2018, initiated by maritime marketing agency, Wake Media, MiM 2021: Discover Opportunity & Embrace the Change will be held on on 29 June – 1 July 2021. It will explore how marketers are adapting to the n...

DNV, the classification society, has launched Compliance Planner, a new digital tool that enables DNV customers to easily track the requirements and deadlines of legislation for both individual vessels and entire fleets. As both the number and complexity of international shipping regulations continue to grow, navigating the timelines and requirements has become an increasing burden on ship owners and operators. Compliance Planner presents a full overview of the requirements facing any v...

Kongsberg Maritime (KM) has won contracts to design and equip two construction service operation vessels (CSOV/SOV) for the Norway-based ship owner, Awind AS, a fully-owned subsidiary of Integrated Wind Solutions AS (IWS). The combined contract value is approximately NOK 250 million. Destined for the renewable offshore wind market, the new CSOVs will be built to Kongsberg Maritime’s UT 5519 DE design, by the Chinese shipyard, China Merchant Heavy Industries (CMHI), with which Kongsberg ha...

To support the pursuit of IMO’s decarbonisation targets, DNV has joined forces with 22 companies by entering into a Memorandum of Understanding (MoU) on a joint cross-industry study of common issues concerning ammonia as an alternative marine fuel. Partners include representatives from the fields of energy, mining, power utility, chemical, terminal, shipping, shipbuilding, manufacture, bunkering, and classification. Transitioning to a low carbon future Transitioning to a low carbon futu...

CULINES held a ceremony at its Shanghai Headquarters to conclude a new building contract with Yangzijiang Shipbuilding (YZJ). This order is for two container vessels, each with a capacity of 2,400TEU.  This is the second new-building order in CULINES’s investment program following the four 1,900 TEU feeder vessels announced earlier in 2021. Vessel investment program   Low Load Tunning main engine uses the latest generation of EFI technology to upgrade the ship's energy saving...

Neste and ITOCHU Corporation has announced that they are joining forces to deliver renewable diesel to the Japanese market. In this collaboration, ITOCHU Corporation will be the first company in Japan to sell and distribute renewable diesel from Neste. In addition, FamilyMart, which is owned by ITOCHU Corporation and is one of the largest convenience store chains in Japan, will start to use renewable diesel in some of the delivery vehicles at their distribution centre in Yokohama City. Thi...

Production of ‘farmed’ aquatic animals will more than double from 30 million tonnes per year (Mt/yr) live weight to 74 Mt/yr in 2050, according to the independent assurance and risk management company. DNV’s first Marine Aquaculture Forecast warns, however, that production will not meet demand in mid-century unless the industry tackles key sustainability barriers to growth by 2030. Marine aquaculture Marine aquaculture plays a role in securing supplies of food for a global p...

FESCO Transportation Group has provided relocation of four Kalmar’s straddle carriers CSC340 from JSC First Container Terminal in St. Petersburg to LLC Vostochnaya Stevedornaya Company in the Primorye Territory. Both the terminals are part of the Global Ports group. Multi-purpose dry cargo vessel FESCO used its multi-purpose dry cargo vessel equipped with cranes with a lifting capacity of up to 120 tonnes To transfer the carriers, FESCO used its multi-purpose dry cargo vessel FESCO Par...

Environmental charity, Keep Scotland Beautiful, and BAE Systems, whose shipyards are located at Govan and Scotstoun on the Clyde, in Scotland, has launched an exciting new partnership that will see the shipbuilder become a supporter of Upstream Battle, the charity’s award-winning campaign to tackle marine litter from source to sea. Upstream Battle campaign Since its launch in 2018, the Upstream Battle campaign has been raising awareness, gathering evidence, and inspiring action in...

Ocean Infinity, the marine robotics company announced that it has acquired a maritime services company, Ambrey.  Ambrey’s team of maritime professionals deliver a range of bespoke offshore services including, security, crisis and risk management, intelligence, insurance, fleet operation, and vessel design and build.  Integration of robotic operations Ocean Infinity’s data and software capabilities will revolutionise Ambrey’s intelligence and insurance services The...

Global survival and safety solutions provider, Survitec has announced that it has completed a £27.5 million Super Senior Revolving Capital Facility (RCF) with Santander UK. This new facility is in addition to the recently finalised £270 million refinancing announced by the company in April 2021. Both agreements support Survitec’s growth plans for its survival technology products and services. New RCF complemented by a foreign exchange facility The new RCF is complemented by...

The Company has joined with Fuel Change, a unique platform for the next generation to create a low carbon future, to challenge young people from across Scotland to use their skills and ingenuity to help lower the carbon footprint of its shipyards in Glasgow.   The Naval ship's business has a long and proud history of shipbuilding in Glasgow, and as a result, some of the buildings at the Govan and Scotstoun sites are now over 100 years old.   That’s why, as part of Fuel Chan...

FESCO Transportation Group and Internship Navigation (member of Hartmann Group) have agreed to cooperate in the technical management of vessels. The agreement was signed by the parties at the International Economic Forum in St. Petersburg. According to the agreement, FESCO is planning to use the experiences and competence of Hartmann Group to perform the dock and general repairs and further maintenance of the Group’s vessels. Moreover, the parties are planning to cooperate in the realm of...