General News

METHANOL

METHANOL

Wallenius Wilhelmsen has ordered four 9,350 car equivalent unit (ceu) vessels from Jinling Shipyard in Jiangsu province, China. The vessels will be capable of operating on methanol as a fuel, and will be ammonia-ready. The order…

15th August 2023

Wallenius Wilhelmsen orders 4+8 methanol-fuelled PCTCs

15th August 2023

BIOFUELS

BIOFUELS

Hapag-Lloyd and DB Schenker have signed an agreement to use reduce container transport emissions through the use of a waste and residue-based biofuel. The move follows the launch of Hapag-Lloyd’s ‘Ship Green’ in…

14th August 2023

Hapag-Lloyd inks bio-fuel partnership agreement

14th August 2023

GENERAL NEWS

GENERAL NEWS

Russia’s official news agency, Tass, confirmed that the full ownership of the Russian shipbuilding monopoly, United Shipbuilding Corporation, had been transferred to VTB Bank at a meeting in Moscow between President Putin and…

11th August 2023

Russia transfers USC ownership to VTB Bank

11th August 2023

METHANOL

METHANOL

The global methanol fleet is set to grow with shipowners Hafnia and Socatra announcing an order for four dual-fuel vessels capable of operating on methanol. The order for four 49,800 dwt Chemical IMOII Medium-Range (MR)…

9th August 2023

Hafnia places maiden dual-fuel methanol newbuilding order

9th August 2023

GENERAL NEWS

GENERAL NEWS

Replenishment at sea (RAS) operations were recently completed between a UK-owned handysized tanker and a unit of the Royal Fleet Auxiliary (RFA). The trials saw fuel exchanged in both directions with the…

9th August 2023

UK Naval/Commercial Tanker Interaction

9th August 2023

GENERAL NEWS

GENERAL NEWS

The Global Centre for Maritime Decarbonisation (GCMD) and Mitsui O.S.K. Lines, Ltd. (MOL) have signed a five-year strategic partnership to explore decarbonisation.

8th August 2023

MOL inks decarbonisation deal with GCMD

8th August 2023

INDUSTRY NEWS

INDUSTRY NEWS

Fondo Italiano d’Investimento is to acquire a minority stake in RINA, a multinational company based in Genoa, Italy.

7th August 2023

Investment fund acquires RINA minority stake

7th August 2023

GENERAL NEWS

GENERAL NEWS

Fincantieri has signed a Memorandum of Understanding (MoU) with an Italian underwater vehicle designer and supplier, C.A.B.I. Cattaneo (CABI), to cooperate in the potential development of underwater vehicles and their integration with larger vessels for…

7th August 2023

Fincantieri signs MoU with underwater vehicle developer

7th August 2023

APPOINTMENTS

APPOINTMENTS

Corvus Energy has announced that Geir Bjørkeli has decided to pursue other opportunities and will leave his role as Chief Executive Officer before the end of 2023.

3rd August 2023

Corvus announces leadership change

3rd August 2023

BIOFUELS

BIOFUELS

Tanker operator Norden has acquired a minority stake in a biofuel developer, with the intention of helping the renewable fuel producer to bring its biofuel to the maritime market.

3rd August 2023

Norden takes stake in biofuel developer

3rd August 2023

GENERAL NEWS

GENERAL NEWS

An initiative to help stimulate orders for UK-built vessels has been launched by the UK Government. The Shipbuilding Credit Guarantee Scheme (SCGS) is designed to help owners or operators access finance for…

3rd August 2023

Step Change For UK Shipbuilding?

3rd August 2023

CARBON CAPTURE

CARBON CAPTURE

Rumours of seaborne coal’s demise have been greatly exaggerated, to paraphrase Mark Twain, but shipowners should eye proposed restrictions on new projects in Asia.

2nd August 2023

Does seaborne thermal coal’s future depend upon CCUS or NH3 co-firing?

2nd August 2023

INDUSTRY NEWS

INDUSTRY NEWS

Shell International Trading and Shipping Company is joining forces with design and engineering consultancy, Houlder, to help decarbonise the maritime industry.

21st July 2023

Shell and Houlder team up on decarbonisation

21st July 2023

APPOINTMENTS

APPOINTMENTS

Arsenio Antonio Dominguez Velasco has been elected the new secretary-general of the International Maritime Organization (IMO).

19th July 2023

IMO elects first Latin American as new secretary-general

19th July 2023

ENERGY SAVING DEVICES

ENERGY SAVING DEVICES

Estonian-based shipping company Amisco has placed the first commercial order for Damen’s new air lubrication system, DACS. DACS, which was developed by a collaboration between Damen and the Delft University of Technology (TU Delft), will be…

19th July 2023

First Damen air lubrication retrofit contract agreed

19th July 2023

GENERAL NEWS

GENERAL NEWS

Whereas average sailing speed in the containership sector increased by up to 4% during the Covid-19 pandemic on the back of strong demand and in the face of widespread port congestion, the…

19th July 2023

Boxship Lines Adopt Slower Speeds

19th July 2023

GENERAL NEWS

GENERAL NEWS

Germany’s marine equipment and systems sector achieved a further advance in order volume and a recovery in turnover last year on the back of rising, global fleet investment. While contract intake has…

17th July 2023

German Equipment Makers Sustain Business Growth

17th July 2023

INDUSTRY NEWS

INDUSTRY NEWS

Carbon emissions from the container industry feel during the first quarter of 2023 across ten of the world’s busiest 13 ocean freight lanes, according to analysis by Xeneta.

13th July 2023

Falling container CO2 emissions – dip or trend?

13th July 2023

GENERAL NEWS

GENERAL NEWS

Mercator Media is launching a new conference, Green Ports & Shipping Congress, to bring together shipowners, suppliers and port operators to encourage and promote collaboration. The conference recognises that many of the problems related to decarbonising…

13th July 2023

Mercator to launch new conference to break down silos between ports and shipowners

13th July 2023

INDUSTRY NEWS

INDUSTRY NEWS

The UK government has committed a further £34 million under the Clean Maritime Demonstration Competition (CDMC) to help decarbonise the maritime sector.

10th July 2023

£34 million available in latest round of CMDC funding

10th July 2023