MacGregor, part of Cargotec, has launched a new digital Carbon Calculator to help container shipping companies estimate the CO2 emissions they can eliminate by upgrading their onboard container cargo system with MacGregor Cargo Boost. By maximising container-carrying...
Maritime business news
SILVERSTREAM AND MAN SIGN COOPERATION AGREEMENT
Clean technology company Silverstream Technologies and marine engine designer MAN Energy Solutions have signed a collaboration agreement to support the decarbonisation of the global shipping industry. The agreement will explore solutions for improving vessel...
AZANE RECEIVES BACKING FOR AMMONIA BUNKER PROJECT
Yara Growth Ventures, the venture investment arm of Yara International, and Navigator Holdings have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions. Azane is a joint venture between ECONNECT Energy and Amon Maritime, both of...
METHANOL-FUELLED SUSTAINABLE SHIPPING FUND IS LAUNCHED
Swiss investment advisor ProMarine, which focuses on financing the maritime energy transition, is launching an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers, led by methanol producer Proman and shipping company...
KONGSBERG PARTNERS WITH BMA TECHNOLOGY FOR ELECTRIFICATION
Kongsberg Maritime has formed a strategic collaboration alliance with Turkish company BMA Technology, based east of Istanbul, a technology company providing electrical system solutions for the marine industry. The partnership will support the supply of low voltage...
CCS AiP STRENGTHENS AIR LUBRICATION ADOPTION IN CHINA
Maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AiP) with China Classification Society (CCS), a member of the International Association of Classification Societies (IACS), and the primary class society in China that...
FASHION RETAILER SIGNS UP FOR MAERSK ECO DELIVERY
Spanish retail group Inditex has partnered with Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics by incorporating alternative fuels in all its inbound routes with the carrier. Through Maersk's ECO Delivery Ocean programme, fossil...
BIMCO ADOPTS NEW CII CHARTER CLAUSE
With the shipping industry facing an increase in new regulations from IMO and the European Union leading to increased urgency to decarbonise, BIMCO has developed a new CII Clause for Voyage Charter Parties. This latest addition to BIMCO’s portfolio of carbon clauses...
INTERCARGO STRESSES ENVIRONMENTAL COMMITMENT ON WORLD MARITIME DAY
As the global shipping industry celebrates 2023's World Maritime Day (28 September) with its central theme of 'Marpol at 50', the International Association of Dry Cargo Shipowners (Intercargo) has stressed its commitment to the full implementation of Marpol...
‘K’ LINE OFFERS CERTIFIED CO2 SAVINGS USING BIOFUEL
Following a test operation of the Supramax bulker 'Albion Bay' using marine biofuels in 2022, Kawasaki Kisen Kaisha ('K' Line) has now established a system for certifying the amount of CO2 reduction from marine biofuels and issuing certificates. 'K' Line carried out...
EPS SIGNS COOPERATION AGREEMENT ON CO2 MONITORING
Eastern Pacific Shipping (EPS) of Singapore has signed a memorandum of understanding (MoU) with HD Hyundai Global Service on strategic digital co-operation leveraging digital solutions for carbon emission monitoring, optimising ship operations. Under the agreement,...
WILHELMSEN TAKES OVER MANAGEMENT OF AVENIR LNG BUNKER TRIO
LNG and gas carrier owner Avenir LNG has appointed Wilhelmsen Ship Management to handle the management of three LNG bunker vessels, 'Avenir Achievement', 'Avenir Ascension' and 'Avenir Aspiration'. Carl Schou CEO and President of Wilhelmsen Ship Management said: “We...
SILVERSTREAM AND CHI PARTNERSHIP EXPLORES AIR LUBRICATION
Maritime clean technology company Silverstream Technologies and Chinese shipyard group Cosco Shipping Heavy Industry (CHI) have signed a high-level memorandum of understanding (MoU) which will explore opportunities to install the Silverstream hull lubrication system...