The last plenary of the European Parliament in Strasbourg for this five-year term adopted earlier today the new law, which aims to scale up industrial capacity for green technologies in Europe. European shipowners strongly welcome the inclusion of clean fuels for shipping, including advanced...
Shipping: Emission Possible
Wärtsilä secures China’s largest-ever methanol newbuild order
Technology group Wärtsilä will supply the methanol-fuelled auxiliary engines for five new container vessels for COSCO Shipping Lines Co., Ltd and seven new container vessels for Orient Overseas Container Line. Each vessel will operate with three 8-cylinder and two 6-cylinder Wärtsilä 32M engines....
https://www.hellenicshippingnews.com/wartsila-secures-chinas-largest-ever-methanol-newbuild-order/
MOL Is 1st Japanese Shipping Company to Raise Funds through Transition Linked Loan Using Performance-based Interest Subsidy System
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has decided to raise funds through a syndicated transition linked loan(Note 1) using the performance-based interest subsidy system(Note 2) based on Japan’s Act on Strengthening Industrial Competitiveness. The Minister of Land, Infrastructure,...
AtoB@C Shipping reveals names for the rest of its new hybrid vessels
In conjunction with the keel laying of the seventh unit in the series of twelve plug-in hybrid 5,350 dwt coasters, AtoB@C Shipping is pleased to announce the names of the remaining vessels in the series of highly efficient plug-in hybrid vessels. The names of the remaining six vessels, to be...
Carras Aquataurus Becomes World’s First Vessel to Earn ABS Biofuel-1 Notation
Carras (Hellas) S.A. is taking the next step in its sustainability journey by receiving the ABS Biofuel-1 notation for its Aquataurus ultramax bulk carrier, the first vessel in the world to qualify. The notation is assigned to vessels that use a biofuel blend of up to and including 30 percent...
ABB to provide hybrid-electric propulsion for new MaineDOT ferry connecting island community to mainland
ABB has been selected by Maine Department of Transportation (MaineDOT) to supply a comprehensive grid-to-propeller solution for the new double-ended, hybrid-electric ferry that will provide essential services between the town of Lincolnville and the island community of Islesboro in the United...
WinGD to debut short-stroke engine design after successful shop test
Swiss marine power company WinGD will record the first installation of its new X-S short-stroke engine design following successful factory acceptance tests with engine builder Dalian Marine Diesel in March. The six-cylinder, 62cm-bore 6X62-S2.0 engine will be installed on a pulp carrier being built...
ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’
International Chamber of Shipping (ICS) Publications announces the launch of the fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’. This latest edition offers comprehensive updates and expanded insights into the intricate relationship between shipping operations...
Value Maritime and MOL team up to capture carbon together
Value Maritime (VM) will provide a 15MW next generation EGCS Filtree with its additional Carbon Capture unit set to capture 10%* CO2 onboard MOL’s LR1 product tanker Nexus Victoria. The first of many With a deadweight (DWT) of 75,000, this is the largest vessel, in terms of DWT, and the first LR1...
https://www.hellenicshippingnews.com/value-maritime-and-mol-team-up-to-capture-carbon-together/
BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026
Australia’s BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company’s plans to cut shipping emissions, a senior executive said. The global mining giant has shortlisted eight companies for the building, operation and fuel supply for at least one such...