Environmental News

 

Poseidon Readies $140Bn Shipping Loan

Feb 02, 2020

With the signing by the France-based international lender to global shipping BNP Paribas and the Swiss multinational investment bank Credit Suisse, Signatories of the Poseidon Principles represent around $140 billion in loans to international…

Ørsted Eyes Carbon-Neutrality by 2025

Jan 31, 2020

The global leader in offshore wind Ørsted A/S  will become carbon neutral by 2025. 'This will make Ørsted the first major energy company to reach net-zero emissions in its energy generation - far ahead of science-based decarbonization targets for limiting global warming to 1…

Fueltrax Earns Certification by Verifavia

Jan 28, 2020

Verifavia Shipping, the independent accredited environmental verification and auditing body for maritime industry, has certified Fueltrax, against the European Union’s (EU) Monitoring Reporting and Verification (MRV) regulation requirements and IMO Data Collection System (DCS)…

Dan-Bunkering Appoints Four Bunker Traders

Jan 28, 2020

Dan-Bunkering has announced the employment of four new bunker traders for the office in Dubai: Shiwei Liao, Elise Huang, Farid Babayev, Jinu Jagan.The latest hiring makes the Middle Eastern office the largest office of the Dan-Bunkering group in terms of number of traders…

OSV Orion Fueled with LNG in Germany

Jan 23, 2020

The world’s largest LNG bunker vessel ‘Kairos’, operated by Nauticor, has supplied DEME’s next generation offshore installation vessel Orion, this first such ship-to-ship bunker transfer at the Port of Rostock.Orion is currently at the Liebherr construction yard in the Port of Rostock…

IMO's 2050 Decarbonization Target Has $1 Trillion Pricetag

Jan 20, 2020

At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study published on Monday showed.The global shipping fleet, which accounts for 2…

Florida Ports Leading the Way on Maritime Alternative Fuels

Jan 17, 2020

Florida's seaports and industry partners are investing in innovations to be more efficient and effective, including the implementation of environmentally friendly, less costly, domestically-produced natural gas as an alternative fuel, a recent report outlined…

Eagle Bulk Joins Decarbonization Coalition

Jan 14, 2020

The US-based dry bulk carrier Eagle Bulk Shipping has joined industry group the Getting to Zero Coalition.The group is an alliance of over 90 companies within the maritime, energy, infrastructure, and finance sectors which are committed to the decarbonization of deep-sea shipping…

Second RoPax Launched for Hankyu Ferry Co

Jan 10, 2020

Mitsubishi Shipbuilding Co., Ltd. held a christening and launch ceremony for the second of two passenger/cargo ferries currently under construction for Hankyu Ferry Co, Ltd.The new vessel, named Yamato, is being constructed at the Shimonoseki…

New IMO Rules Overshadow Hapag-Lloyd's Profit Outlook - CEO

Jan 10, 2020

Tougher rules on sulphur emissions from ships set by the International Maritime Organisation (IMO) from January burden the profit outlook for Germany's container shipping line Hapag-Lloyd this year after a good 2019, its chief executive said…

Quality is the Buzz Word for ECGS

Jan 07, 2020

Those shipowners looking to install marine exhaust gas cleaning systems (EGCS) as way of meeting global sulfur cap requirements are advised to ensure that manufacturers, shipyards and installers are using quality, high-end materials.Based on…

USCG Responds to Puerto Rico Earthquake

Jan 07, 2020

The Coast Guard is responding to a 6.5 magnitude earthquake and seismic activity off the south and southwest coasts of Puerto Rico.All the ports in Puerto Rico and the U.S. Virgin Islands remain open until further notice. Currently, there is…

Port of Baltimore Gets $1.8 Mln EPA Grant

Jan 06, 2020

The Helen Delich Bentley Port of Baltimore has secured $1.8 million in grant funding from the U.S. Environmental Protection Agency (EPA) to replace older diesel-powered equipment with newer, cleaner versions.The Diesel Emissions Reduction Act (DERA) funds will cover about 44 dray trucks…

NYK Provides Free Transport for Ginkgo Saplings

Dec 25, 2019

Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) Group has provided support to a project being conducted by maritime volunteers in the town of Pembroke, which is south of Wales, to return ginkgo saplings linked to Admiral Togo, one of Japan’s greatest naval heroes…

India: Recycling of Ships Bill Becomes an Act

Dec 23, 2019

The Recycling of Ships Bill 2019 for safe and environmentally sound recycling of ships in India has become an Act after receiving the assent of President of India.The government of India decided to bring this Act to provide for the regulation…

Logistics News

Cargotec Appoints Lindholm as President and CEO

Cargotec Appoints Lindholm as President and CEO

Italian Union Files Legal Complaint Against Snam's LNG Terminal

Italian Union Files Legal Complaint Against Snam's LNG Terminal

EVENT: Reuters U.S. Offshore Wind Returns to Boston

EVENT: Reuters U.S. Offshore Wind Returns to Boston

Wisconsin Awards $5.3 Million in Harbor Maintenance Grants

Wisconsin Awards $5.3 Million in Harbor Maintenance Grants

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