Environment

$5.65bn Japanese green ship fund coming from Anchor Ship Partners

  With an eye on Japan’s goal of net-zero greenhouse gas emissions by 2050, Japanese ship finance giant Anchor Ship Partners will launch a substantial fund to aid decarbonization efforts in the shipping sector. Japanese newswire Nikkei states the new Y600bn ($5.65 bn) fund will start by ordering LNG-fuelled gas carriers to lease to such …

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The Coalition for the Energy of the Future unveils its first seven concrete actions and welcomes three new members

  Launched in late 2019, the Coalition for the Energy of the Future aims at accelerating the development of future energies and technologies to sustain new green mobility models and reduce the impact of transport and logistics on climate change. The Coalition is pleased to announce the first milestones to be reached in 2021. Green …

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All Canadians urged to contribute to federal Blue Economy Strategy

  OTTAWA  Earlier this month, the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard, kicked off the Blue Economy Strategy engagements with a series of roundtables with key ocean sector stakeholders to discuss how we get more Canadians working on and in the water, and benefitting from the ocean. Today, the …

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Europe’s first large-scale green ammonia project in Norway inches closer to reality

  Yara’s industrial facility in Porsgrunn wil provide the basis for the green production of ammonia (Yara) Oslo Norway-Yara International has signed a Letter of Intent with Statkraft, and Aker Horizons, aiming to establish Europe’s first large-scale green ammonia project in Norway, enabling the hydrogen economy and accelerate the green energy transition. The partners will …

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Canadian government announces 2021 measures to protect right whales

  OTTAWA – The Canadian government remains committed to protecting the endangered North Atlantic right whale. With only approximately 366 remaining in the world, it is imperative that Canada continues taking strong action to help support the species’ recovery. The Minister of Fisheries, Oceans and the Canadian Coast Guard, the Honourable Bernadette Jordan, along with the Minister of …

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Wallenius Wilhelmsen orders first Oceanbird vessel

  Wallenius Wilhelmsen will be the first to order a vessel of Wallenius Marine’s Oceanbird concept. At a live webcast, commented by the Prime Minister of Norway Erna Solberg, Wallenius Wilhelmsen launched the world’s first full-size wind-powered pure car and truck carrier, the Orcelle Wind.  “This is the beginning of an amazing chapter and the …

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NYK to build four innovative LNG-fueled car carriers

  NYK (Nippon Yusen Kabushiki Kaisha) has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. for four LNG-fuelled car carriers. These four vessels will be delivered from 2022 to 2023 and are planned to be assigned to transport vehicles mainly to/from Europe and/or to the Middle East. On these vessels, WinGD’s …

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Peninsula Petroleum completes record breaking first LNG bunkering

  Peninsula, a leading marine fuel solutions company, has announced completion of a record-breaking first LNG bunker supply. At the end of January, in partnership with Petronas Marine, Peninsula successfully completed its first LNG bunker supply to its customer H-Line Shipping in Malaysian waters. This operation is the first LNG bunker delivery to the world’s …

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Michelin plans to export tires from Halifax to Saint-Nazaire by cargo sailboats

  Firmly committed to reducing CO2 emissions from its logistics operations, the Michelin Group recently signed a transport commitment with French Start-up NEOLINE.  Neoline’s decarbonized shipping service relies on clean and renewable wind energy as the main propulsion for its 136m long cargo ships with 4200 m2 of sails. This is an innovative and unique …

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Windship Technology unveils first True Zero Emission ship design

  London: Windship Technology, a British company with a whole-ship solution to tackle the CO2 emissions of the shipping industry, today unveils its designs and announces an investment partnership with one of the world’s leading classification agencies. Starting from a clean drawing board, Technical Director Simon Rogers and his design team developed and tested at …

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