• Long Beach Port increases incentives for carriers...

    With California preparing for the introduction of stricter environmental regulations for ships in port and an increased focus on the port’s role in improving air quality and the environment, the Port of Long Beach is increasing efforts to reward ocean carriers for deploying cleaner ships to the port. Expanding on an existing port program, ocean carriers earn financial incentives for bringing greener ships to the Port of Long Beach.


  • Envision Digital continues its mission towards...

    Envision Digital International Pte Ltd (“Envision Digital”), a global Net Zero partner and Artificial Intelligence of Things (AIoT) technology leader, yesterday announced a collaboration with the Port of Antwerp by its local European entities in Netherlands and France, to develop green port solutions to reduce amongst others, greenhouse gases (GHG) in ports. The collaboration named: ‘Portable Innovation Open Network for Efficiency and Emissions Reduction Solutions (PIONEERS)’ represents leading ports, terminal and transport operators, forwarders, knowledge institutes, technology developers, innovators, and public entities.


  • Decarbonisation and digitisation, common strategy...

    Decarbonisation, digitalisation, use of alternative energies, intermodality and drivers of innovation are some of the common strategic axes in the port areas for economic and social transformation following COVID-19, along the lines set out by the European Union in the Green Pact to develop a sustainable economy. The European port system addressed these challenges at the Regatta 2021 Conference which opened this morning in the Clock building of the Port of València with the intervention of Aurelio Martínez, President of the Port Authority of Valencia (PAV), Annaleena Mäkilä, President of ESPO and Adina Vălea, European Union Commissioner for Transport.


  • ADNOC to build world-scale Blue Ammonia Project

    Abu Dhabi National Oil Company (ADNOC) announced today that it will advance a world-scale “blue” ammonia production facility in Ruwais, Abu Dhabi, in the United Arab Emirates (UAE). ADNOC is an early pioneer in the emerging hydrogen market, driving the UAE’s leadership in creating local and international hydrogen value chains, while contributing to economic growth and diversification in the UAE. The facility, which has moved to the design phase, will be developed at the new TA’ZIZ industrial ecosystem and chemicals hub in Ruwais.


  • Scottish Port Seeks to Become Hub for Hydrogen in...

    Plans are advancing for the development of a hydrogen hub and transshipment port in northern Scotland. The terms of a memorandum of understanding between the Port of Cromarty Firth, located near Inverness, Scotland and Norwegian firm Gen2 Energy establish the groundwork to call for a commercial pathway to import green hydrogen from Norway into the UK energy market. The development of the hub is also seen as part of an effort to develop Scotland as a leader in renewable energy.


  • Sri Lanka probes environmental impact from...

    Sri Lanka’s Marine Environment Protection Authority (MEPA) has launched an investigation on possible environmental impact from the fire that erupted Friday onboard a container ship in waters near the Colombo port.


  • Ocean energy – an emerging contender for energy...

    Ocean energy, potentially the last Earth-bound frontier for the expansion of renewable energies, has been gathering growing headlines in recent months. After a long gestation, which has seen concepts and companies come and go, it seems to be finally emerging as a viable contender to participate in the drive for decarbonisation towards net zero emissions even if not yet fully commercially ready.


  • Genco Shipping & Trading Limited to acquire...

    Genco Shipping & Trading Limited today announced that it has entered into agreements to acquire two 2022-built 61,000 dwt Ultramax vessels to be constructed at Dalian Cosco KHI Ship Engineering Co. Ltd. (DACKS). The vessels are expected to be delivered to Genco in January 2022.


  • Maritime market update: IEA envisages an increase...

    Risavika LNG has further increased by 7.8 % to 36.83 EUR/MWh week on week following European gas hubs upward trend. Gas prices in Europe were rallying on back of lower LNG sendouts and lower Norwegian flows, while temperatures remain below seasonal norms and storage levels are still at their lowest. The outlook for gas prices is bullish for the coming week.


  • Japan launches $3 billion R&D Project for...

    The Japanese government will prove more than $3 billion in funding for a long-term research project designed to build a large-scale hydrogen supply chain and demonstration of hydrogen power generation technology. The wide-reaching effort will focus on the technologies required for the transportation of hydrogen as well as the processes and materials required for the handling of large amounts of hydrogen. The R&D program is part of an overall $18 billion commitment from the Japanese government to fund research to support achieving their goal of becoming carbon neutral by 2050.



Proman expands to six order for methanol-fueled tankers

Even before the first of the company’s new methanol-powered tankers has been launched, Proman announced the expansion of the project with the order for two additional tankers to be built in China for the global trade. The new orders are for sister ships to the tankers that Proman plans to operate as well as vessels built for a joint venture with Stena Bulk.


Northern European Ports target shore power for large containerships

Faced with growing calls to improve the environment around major ports and with pending EU regulatory actions requiring ships to reduce emissions while in port, five of Northern Europe’s largest port authorities announced a joint effort focusing on increasing the use of onshore power supply for ships at berth. While the use of cold ironing has been increasing for some segments, such as passenger ships, harbor crafts, and inland vessels, the new memorandum of understanding among the ports focuses on expanding the use of shore power for large container ships. The ports are agreeing to equip all their container terminals for shore power by 2028.


A new world first for Port of Antwerp – a methanol-powered tugboat

Port of Antwerp is converting a tug to methanol propulsion – a world first. The ‘methatug’ is part of the European Union-funded Fastwater project, which aims to demonstrate the feasibility of methanol as a sustainable marine fuel. The European Commission approved the project this week, a decision that will help the Port of Antwerp take another important step in its transition to becoming a sustainable and CO2-neutral port.


A Rystad Energy investigation: How a push to reduce LNG vessel emissions leaves the planet worse-off

Global efforts to reduce carbon emissions are accelerating and most industries are searching for new ways to reduce their carbon footprint in the years and decades to come. Shipping is also under scrutiny and the International Maritime Organization (IMO) has set a carbon intensity reduction target, proposing strict technical requirements that are scheduled to be approved this year and take effect from 2023. One of the effects of these new requirements is likely to involve slow-speeding – a reduction of the maximum cruising speed of deep-sea vessels in a bid to reduce emissions.