Pacific islands propose hefty levy on ships’ GHG emissions
As we reported yesterday, the shipping community is calling for a $5 billion IMO shipping decarbonization R&D effort to be funded by a $2 per ton tax on marine fuels. Two pacific
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VIDEO: Vard delivers second Coral Expeditions ship
Norwegian headquartered Fincantieri subsidiary Vard reports that its Vung Tau shipyard in Vietnam has delivered Coral Geographer, the second of two Vard 6 01 design expedition cruise vessels ordered by Australia’s Coral
Shell to charter in ten LNG-fueled VLCC newbuilds
Shell today signed agreements to charter 10 new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of the very large crude carriers (VLCCs) have been chartered from Switzerland based
$5 billion “moon shot” proposal for shipping decarbonization
Governments controlling a major share of the world merchant fleet yesterday submitted a “moon shot” proposal to to the United Nations International Maritime Organization (IMO), calling for the establishment of a $5
Powerful players eye Singapore as green ammonia bunkering hub
Aiming to play a pioneering role in establishing a supply chain for ship-to-ship green ammonia bunkering in the Port of Singapore, a group of leading maritime companies have signed a Memorandum of
Diana Shipping to monitor vessels’ environmental performance
Athens-headquartered dry bulk specialist Diana Shipping Inc. (NYSE: DSX) reports that its wholly-owned subsidiary Diana Shipping Services S.A. has signed an agreement with ABS to implement the ABS Environmental Monitor digital sustainability
Containership leasing giant continues newbuilding spree
Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with
Stena Bulk concept “could be as impactful as containerization”
Able to carry both dry and wet cargoes in modular compartments, an ultra-flexible, zero emissions design unveiled by Gothenburg, Sweden, headquartered tanker operator Stena Bulk pushes many boundaries. In an advance that
Golden Ray: Cutting begins on Section Two
The St. Simons Sound Response team has now started operations to remove Section Two of the hull of the capsized car carrier Golden Ray, which is being sliced into eight giant sections
Eastern Pacific Shipping in MOU on methanol and ammonia fuel retrofits
One of the world’s largest shipowners, Singapore-headquartered Eastern Pacific Shipping (EPS), is to retrofit a number of the existing vessels in its 15 million dwt fleet to burn methanol and ammonia fuels.