ClassNK issues AiP for coastal liquefied CO2 carrier developed by Mitsubishi, Nippon Gas Line

ClassNK has issued an Approval in Principle (AiP) for a design concept of a coastal liquefied CO2 carrier jointly developed by Mitsubishi Shipbuilding Co., Ltd. and Nippon Gas Line Co., Ltd. In building the CCS value chain, in addition to large ships transporting CO2 domestically and internationally, coastal vessels that collect CO2 from small-scale emission

Higher biofuel blend loads on Type I ships considered by IMO

A proposal to deliver up to 30% biofuel blends on Type I barges is being reviewed by the International Maritime Organization (IMO), which is anticipated to approve it shortly, according to a number of important maritime assessors and classification societies. Since the proposal would enable the sale of B30 utilizing the current fleet of IMO

Hapag-Lloyd concludes green financing of its 24 new container ships

Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU and involve a combined investment volume of around $4 billion.  The financing consists of four components. Around $900 million of the purchase price will be financed using the company’s

First methanol-powered tugboat highlights a greener future

At first glance, there’s nothing to distinguish Tug 21 from any other working tugboat at the Port of Antwerp-Bruges in Belgium. With its bright red and white wheelhouse perched above a round black hull, it’s easily lost among the many tugboats guiding ships back and forth on the busy harbour. But take a look below

ZeroNorth achieves first operating profit amid growth in shipping’s energy transition

Four and a half years after its founding, ZeroNorth achieved its first month of positive earnings before interest, taxes, depreciation, and amortisation (EBITDA), in December 2024. This achievement comes on the back of significant growth, with the company reaching just under $40 million in annual recurring revenue (ARR) for the year, a 38% increase from

ZEBOX welcomes Jifmar as an industrial partner to support its energy transition

ZEBOX and Jifmar Group announce a strategic partnership to accelerate the decarbonization and optimization of maritime and logistics operations. By joining ZEBOX, Jifmar strengthens its commitment to ecological transition and maritime innovation. This strategic partnership provides Jifmar with access to a unique international ecosystem of startups, experts, and industry leaders. It will enable the company

Kongsberg Maritime selected for hybrid and propulsion upgrade of vessel OV Bøkfjord

Kongsberg Maritime is proud to announce its selection as the lead integrator for a significant green upgrade of the Norwegian Coastal Administration’s (NCA) hybrid vessel, OV Bøkfjord. The project will include installation of Kongsberg Maritime’s electric Rim-Drive azimuth thrusters, together with an upgrade of hybrid capacity. The NCA is a national agency under the Ministry

MOL takes delivery of environmentally friendly multi-purpose vessel

The multi-purpose vessel Prima Verde, said to be the world’s first vessel able to run on marine gas oil (MGO) and wind assisted propulsion simultaneously, has been delivered. Operated by Mitsui O.S.K. Lines (MOL) company MOL Drybulk and owned by Daishin Shipping, the vessel), was delivered at Onomichi Dockyard. The vessel has a range of

Wärtsilä lifecycle agreement will support decarbonisation goals of new Baleària ferry

Technology group Wärtsilä has signed a ten-year Lifecycle Agreement with Spanish ferry operator Baleària. The agreement covers Baleària’s new high-speed aluminium structure catamaran Ro-Pax ferry, the Margarita Salas, which recently entered service. The ship was built at the Astilleros Armon Gijon yard in Spain. It operates with four Wärtsilä 31DF dual-fuel engines, four Wärtsilä WXJ hydraulic waterjets,

DNV, HD Hyundai Mipo and KSOE to test electric propulsion systems with digital twins

DNV has signed a memorandum of understanding (MoU) with HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE) to develop standards for testing electric-powered vessels through the use of digital twin-based criteria and procedures. This collaborative project aims to resolve issues related to the integration of highly complex vessel systems for electric