In California, gCaptian reports in a bid to bypass Western sanctions, Russian energy producer Novatek has dispatched the “Everest Energy”, a non-ice class LNG carrier, through the icy waters of the Northern Sea Route. This unprecedented move marks the first time a conventional vessel has attempted the Arctic passage, which is typically reserved for specialized […]
In Sweden, AtoB@C Shipping and EFO, a joint venture of Swedish energy companies, announced their collaboration aimed at reducing carbon dioxide emissions from maritime transport. The initiative involves substituting 10% of EFO’s annual fuel consumption with renewable alternatives, leading to a projected 8.5% reduction in lifecycle emissions. Andreas Ukmar, CEO at EFO, expressed enthusiasm for […]
In Brussels, Mario Draghi, former Prime Minister of Italy and ex-President of the European Central Bank, issued a report detailing the urgent need for Europe to secure its position in global shipping through decarbonisation and innovation. The report stresses that Europe is at risk of falling behind major global competitors unless immediate and coordinated actions […]
In Norway, Offshore Energy reports in a significant collaboration, A.P. Moller Maersk and Hapag-Lloyd announced the details of their operational partnership, the Gemini Cooperation, set to launch in February 2025. This cooperation will deploy between 300 and 340 vessels, with Maersk providing 60% and Hapag-Lloyd 40% of the fleet. Many of these ships will be […]
In Germany, Oldendorff Carriers announced a new partnership with the University of Strathclyde to establish a Glasgow-based research centre focused on developing innovative technologies for decarbonising the shipping industry. Oldendorff Carriers’ Director of Research & Development Dr. Torsten Barenthin said, “Frustrated by the slow development of significant decarbonisation technologies, Oldendorff feels compelled to invest in […]
In Australia, Baird Maritime reports Singapore-based X-Press Feeders took delivery of “Eco Zephyr”, the final vessel in a four-ship series powered by methanol. The ceremony took place at Jiangsu Yangzijiang Shipbuilding’s facilities in China. The “Eco Zephyr” joins its sister ships, “Eco Maestro”, “Eco Levant”, and “Eco Ponente”, which were delivered earlier this year. Each […]
In Norway, Höegh Autoliners announced the naming ceremony in Jiangsu, China, for the “Höegh Borealis”, the second vessel in its Aurora Class. Norwegian Prime Minister Jonas Gahr Støre attended, praising the company’s commitment to sustainable shipping. The “Höegh Borealis” is part of Höegh Autoliners’ innovative fleet renewal, reducing carbon emissions per car transported by up […]
In Germany, Leonhardt & Blumberg locked in an order for four 49,500 dwt Chemical/Product Oil Tankers from Guangzhou Shipyard International, with MB Shipbrokers handling the deal. Expanding on a previous two-tanker order from April, the company aims to boost its fleet with eco-friendly vessels. Designed by GSI, these ships come ready for Methanol Dual Fuel […]
In Colorado, The Fence Post reports U.S. Agriculture Secretary Tom Vilsack, speaking to National Farmers Union members this week, warned that critical support for mid-size farmers, including programs funded through the Commodity Credit Corporation and the Inflation Reduction Act, could be at risk if efforts to reduce government spending succeed. Vilsack highlighted the importance of […]
In South Korea, The Korea Economic Daily reports SK Energy will launch the country’s first sustainable aviation fuel production line next month using a co-processing method that blends bio-materials like used cooking oil with petroleum, addressing rising global demand for cleaner aviation fuel and stricter regulations. This method allows SAF production without significant changes to […]
