EU Net-Zero Industry Act: European shipowners welcome 40% production benchmark for clean shipping fuels in Europe

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...

https://www.hellenicshippingnews.com/eu-net-zero-industry-act-european-shipowners-welcome-40-production-benchmark-for-clean-shipping-fuels-in-europe/

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,...

https://www.hellenicshippingnews.com/mol-is-1st-japanese-shipping-company-to-raise-funds-through-transition-linked-loan-using-performance-based-interest-subsidy-system/

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...

https://www.hellenicshippingnews.com/carras-aquataurus-becomes-worlds-first-vessel-to-earn-abs-biofuel-1-notation/

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...

https://www.hellenicshippingnews.com/abb-to-provide-hybrid-electric-propulsion-for-new-mainedot-ferry-connecting-island-community-to-mainland/

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...

https://www.hellenicshippingnews.com/wingd-to-debut-short-stroke-engine-design-after-successful-shop-test/

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...

https://www.hellenicshippingnews.com/ics-publications-releases-fifth-edition-of-shipping-and-the-environment-a-guide-to-environmental-compliance/

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...

https://www.hellenicshippingnews.com/bhp-says-it-aims-to-receive-first-ammonia-fuelled-bulk-carrier-in-2026/

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