MAN Energy Solutions wins major compressor revamp order

Equinor Energy AS has commissioned MAN Energy Solutions to provide a total of three compressor bundles – and an additional two spare units – as replacements for ones from another OEM (Original Equipment Manufacturer). The bundles will be implemented within existing outer casings on the Troll A platform, one of three platforms operating in the

Höegh Autoliners, VARO to fast-track sustainable shipping

VARO Energy and Höegh Autoliners, a leading global provider of ocean transportation solutions, announced a strategic partnership focused on supplying 100% advanced biofuels for deep-sea transportation from Europe. This sustainable energy solution reduces the Greenhouse Gas (GHG) emissions by 85% vs. conventional maritime fuels, VARO said. VARO’s biofuels business is focused on reducing the use

Hutchison Ports BEST receives the largest LNG-powered vessel ever

Hutchison Ports BEST received the CMA CGM PALAIS ROYAL, one of the world’s largest Liquefied Natural Gas (LNG) powered vessels. This 23,000 TEU colossus, 400 metres long and 61 metres wide, built in 2020, marked a significant step towards sustainability in the maritime sector. The arrival of this vessel is not only historic for its

WinGD gets class nod for ammonia engine safety

Bureau Veritas has granted Swiss marine power company WinGD’s ammonia-fuelled X-DF-A dual-fuel engine an approval in principle (AiP) for the engine’s safety concept The safety concept describes how risks associated with using ammonia as a fuel are controlled under foreseeable abnormal conditions, possible failure scenarios and their control measures. It is a key element for

Singapore, Japan work on green shipping corridor

The Ministry of Transport of the Republic of Singapore (MOT) and the Ministry of Land, Infrastructure, Transport and Tourism of Japan (MLIT) have signed a Memorandum of Cooperation (MoC) to establish a Singapore – Japan Green and Digital Shipping Corridor. Signed by Chee Hong Tat, Acting Minister for Transport, and Saito Tetsuo, Minister of Land,

Singapore and Japan agree green shipping corridor

The Ministry of Transport of the Republic of Singapore (MOT) and the Ministry of Land, Infrastructure, Transport and Tourism of Japan (MLIT) have signed a memorandum of cooperation to establish the Singapore – Japan Green and Digital Shipping Corridor. Japan is one of Singapore’s top 10 trading partners, and the trade volume between the two

Carrier Transicold, GIZ agree to advance cold chain development and decarbonization

Carrier Transicold and the Greener Reefers in International Maritime Transport initiative of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have agreed to collaborate to advance cold chain development and training in Costa Rica and South Africa. The memorandum of understanding, which was signed at the 2023 UN Climate Change Conference (COP28) in the United

Wison Offshore & Marine’s FGMP gets approval-from BV

In China, I Marine reported that Bureau Veritas (BV) issued an Approval-in-Principle (AIP) to Wison Offshore & Marine’s Floating Green Methanol Plant (FGMP) solution. The report highlighted that the recognition is a required step for the commercialization and industrialization of this technology. Wison Offshore & Marine’s Floating Green Methanol Plant is a floating plant that

Ship finance lenders make headway on emission targets

The 34 banking signatories to the Poseidon Principles, representing a loan portfolio to global shipping of about $240 billion, have reported a joint improvement in emissions reduction scores in 2023 based on initial IMO targets. In its fourth annual report, the framework for measuring and reporting the alignment of lenders’ shipping portfolios with climate goals

Bernhard Schulte enters liquefied CO2 trades

Germany’s Bernhard Schulte is expanding into liquefied carbon dioxide shipping with its first CO2 carrier order. The shipowning business of family-owned Schulte Group with a diversified fleet of 80 fully or partly owned vessels, has contracted China’s Dalian Shipbuilding Offshore (DSOC) for a 7,500 cu m LNG dual-fuel capable liquefied CO2 carrier newbuild backed by