Decarbonisation - News

NorthStandard has announced an exclusive collaboration with pioneering maritime digital decarbonisation experts BetterSea. The new partnership will allow NorthStandard members heavily discounted access to the BetterSea FuelEU Maritime Compliance service, including its in-house digital support resources. GHG intensity of energy New FuelEU Maritime reporting requirements for shipping companies began on January 1 2025 The new FuelEU Maritime reporting requirements for shipping companies began...

The world needs greener energy, but high costs are a barrier. Raw material and equipment prices have more than doubled, halting many projects. Can they reduce the financial risk of developing offshore wind farms and make walk-to-work (W2W) operations more affordable? Offshore wind turbines SOVs are the most efficient and preferred solution now for servicing offshore wind turbines, outperforming CTVs in safety, availability, and comfort. However, rising shipbuilding costs and new-build delive...

The race for industry recognition is on at Nor-Shipping 2025, with today’s launch of the prestigious Next Generation Ship and Ocean Solutions Awards. The accolades support the exhibition and event week’s main theme of #future-proof, as major global innovators compete against one another to showcase truly defining projects and solutions. Both awards, which hold extra significance coming in Nor-Shipping’s 60th anniversary year, will be judged by expert panels, with Remi Erikson...

Kongsberg Maritime has developed an innovative mooring-capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of OSCVs beyond their current scope to include the pre-lay of mooring lines as a natural extension to original suction anchor capabilities. By integrating a purpose-designed anchor handling winch, shark jaws and stern rollers into the design of OSCVs at the newbuild stage, vessel owners can now equip their ships to perform a broader range of mooring opera...

Ocean Network Express is pleased to announce a significant milestone in its corporate history with the naming of ONE Sparkle, the company's first owned and operated new building container vessel. Says Jeremy Nixon, CEO, "The naming of ONE Sparkle represents another important milestone for ONE. This vessel is our first owned newbuilding, and it also showcases our commitment to sustainable shipping with its innovative design and alternative fuel capabilities. As we expand our owned fleet, these a...

Smaller shipowners seeking expansion, as well as multinational corporations entering the maritime industry for the first time, often encounter a shared challenge: the complexities of the market frequently exceed their own expertise and that of the advisors they typically consult. However, what may be a perceived obstacle to maritime business development has become a catalyst for growth within Wallem Group, manifested in the success of Wallem Commercial Services. Range of capabilities Wallem...

Nor-Shipping has announced that the main theme for its 60th anniversary exhibition and activity programme will be #Future-proof. Taking place in Oslo and Lillestrøm, Norway, 2-6 June 2025, Nor-Shipping is now working with key stakeholders to tailor content and deliver opportunities that support decision-makers as they face a rapidly evolving industry landscape. Organisers have also confirmed that the exhibition space is already 85% sold out for what promises to be 'both a memorable and c...

Technology group Wärtsilä and international consulting and engineering company Elomatic have signed a licencing and cooperation agreement covering the intellectual property rights, technology, and use of the trademark of Elomatic’s unique Elogrid solution. Elogrid is a transverse thruster grid technology, which is designed to reduce vessels’ fuel consumption while also enhancing thrusters’ performance. This technology improves both the water flow along the hull lines...

“New nuclear technology is a global decarbonisation solution and a commercial shipping disruptor. There is no net zero by 2050 without nuclear.” That was the view from ABS Chairman and CEO Christopher J. Wiernicki, speaking at the Core Power New Nuclear for Maritime Houston Summit. Operation of vessels “New nuclear is a transformational technology. It disrupts the commercial model, the economics of shipping, as well as the operation of vessels and of course their d...

INEOS, the global pioneering petrochemicals company, has selected ITT’s Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS), reinforcing its track record as a trusted specialist in critical equipment for liquefied gas. Cargo pumps for the new vessel INEOS has selected Svanehø...

Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide. This funding will accelerate Next Ocean’s growth, enabling the company to scale production, expand into new markets, and further develop its predictive radar technology. Efficient offshore operations Over the past years, Next Ocean has successfully delivered numerous Vessel Motion Radar systems to pioneering companies in...

Pioneering marine conservation charity, GreenSeas Trust, is proud to announce, three bilingual BinsForGreenSeas have been installed on Pearl Island in Qatar to reduce litter and stop plastics from entering the sea. Located off the coast of Doha, Pearl Island is a popular tourist destination boasting sophistication and luxury. The GreenSeas Trust bins have been positioned at key waterfront locations in the island’s marina, an area popular with tourists and the yachting community. Mar...

Nor-Shipping is promising the global maritime and ocean industries 'a bigger, bolder, better' exhibition and activity programme than ever before in Norway next year, with expansion and new initiatives to serve and support ambitious business developments. These include more exhibition space, greater international involvement, fresh networking opportunities, and a conference programme expanded to encompass Seabed Minerals, LNG and finance (Ocean Invest). Relevance and leadership The event week,...

Avikus, HD Hyundai's autonomous navigation technology developer, announced that it has joined forces with cartography innovator Savvy Navvy to add powerful functionality to its recently released NEUBOAT Dock II. Designed for yachts over 40-feet such as sportfishing vessels, power catamarans, centre consoles and sailing vessels, NEUBOAT Dock II gives boaters a bird’s eye view for easy docking, single or multiple camera views, object detection and a docking assist path. As part of the partn...

The push towards decarbonisation is slowing down rather than speeding up. With ambitious global goals looming ever larger on the horizon, what can we do to re-invigorate collective efforts? And profit from that push?  Ahead of next year’s Nor-Shipping, Knut Ørbeck-Nilssen, CEO Maritime DNV, says efficiency, timing and people are critical to 'getting this show on the road'. Given the subject matter today, Knut Ørbeck-Nilssen seems remarkably optimistic. “I’m...

Strategic Marine, a pioneering provider of specialised aluminium vessels, is proud to announce the signing of a new contract with Odyssey Group to build a state-of-the-art multi-purpose survey vessel. Incorporating the proven success of new technologies for operational use in Australia. Under the terms of the agreement, Strategic Marine will construct the advanced survey vessel tailored to meet Odyssey Group’s specific operational needs. Recovery of survey equipment The vessel will also...

Watson Farley & Williams (WFW) and Hogan Lovells jointly advised on three separate greenship financing transactions with an aggregate value of US$1.5bn+. All three transactions, one of which was secured by Chinese ECA Sinosure, were carried out by the Green Loan Principles of the Loan Market Association. WFW advised arrangers, financing banks, and green loan arrangers, with Hogan Lovells acting for Hapag-Lloyd. Capacity expansions In October 2024, Hapag-Lloyd signed two orders for a total...

Fincantieri is pleased to announce that the Letter of Intent signed with Norwegian Cruise Line Holdings Ltd. (NCLH) on April 8, 2024, has been successfully converted into a firm order for the construction of four new cruise ships for the Norwegian Cruise Line (NCL) brand. This significant agreement, subject to financing and other customary conditions, represents a contract valued at over €2 billion. Comfort, technology, and sustainability With a gross tonnage of approximately 226,000 ton...

ABS has stated the maturity of Aikido’s innovative floating wind platform design, the latest stage in new technology qualification. As part of the process, ABS witnessed a successful upending demonstration of the Aikido One unit, a 1:4-scale floating wind platform. The design can accelerate deployment and reduce costs for the rapidly growing offshore wind industry. Collapsed transportation configuration The test exhibited the platform’s ability to quickly deploy from its collapsed...

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with the Indonesian Maritime Security Agency (BAKAMLA) for the construction of an offshore patrol vessel (OPV). The vessel will be built at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with completion and delivery scheduled for March 2028. Ability of maritime rescues This project is based on a grant agreement concluded in March 2024 between the Government...

The World Shipping Council welcomes the balance between sustainability and competitiveness struck in the European Commission’s Competitiveness Compass released that will form the basis for the EU’s Clean Industrial Deal.  WSC, however, called on the Commission to recognise that liner shipping is investing in Europe and urged the Commission to support the sector on its path to decarbonise supply chains, fostering open trade and protecting critical sea lanes...

Kongsberg Maritime is proud to announce its selection as the lead integrator for a significant green upgrade of the Norwegian Coastal Administration's (NCA) hybrid vessel, OV Bøkfjord. The project will include the installation of Kongsberg Maritime's electric Rim-Drive azimuth thrusters, together with an upgrade of hybrid capacity. Pilotage and navigation technology The NCA is a national agency under the Ministry of Trade, Industry, and Fisheries, responsible for coastal mana...

Global law firm Norton Rose Fulbright, working in conjunction with pioneering Spanish law firm Uría Menéndez, has advised Bibby Marine on a financing package with HSBC UK to support the development of its previously announced zero-emission electric Commissioning Service Operation Vessel for servicing offshore wind farms. The multi-million euro financing made available by HSBC UK is backed by Cesce, the Spanish Export Credit Agency. HSBC acted as sole ECA coordinator, mandated lead...

A new design for an ammonia floating production storage and offloading (FPSO) unit that features onboard carbon capture technology for blue ammonia production has received approval in principle (AIP) from ABS. The design comes from MODEC, Inc. (MODEC), in collaboration with Toyo Engineering Corporation (TOYO). ABS completed design reviews based on class and statutory requirements. Emissions of offshore operations It is produced by combining hydrogen, which is derived as a byproduct of carbon...

Technology group Wärtsilä has signed a ten-year Lifecycle Agreement with Spanish ferry operator Baleària. The agreement covers Baleària’s new high-speed aluminium structure catamaran Ro-Pax ferry, the Margarita Salas, which recently entered service.  Margarita Salas The ship was built at the Astilleros Armon Gijon yard in Spain. It operates with four Wärtsilä 31DF dual-fuel engines, four Wärtsilä WXJ hydraulic waterjets, and fea...

The Royal Thai Navy aims to purchase two frigates, with a budget for the fiscal year 2026, which will likely receive parliamentary approval. On January 18, at the National Memorial, Admiral Jirapol Wongwit, Commander-in-Chief of the Royal Thai Navy, provided an update on the progress of procuring two frigates. He stated that the process is currently in the budgeting phase, which exceeds 1 billion baht and requires Cabinet approval before being forwarded to Parliament for consideration. Safegua...

Pioneering bunker trading firm, Glander International Bunkering, has introduced a tool to help users calculate key data for compliance with FuelEU Maritime, which came into effect on January 1, 2025. FuelEU Maritime aims to reduce carbon emissions in the shipping sector by incentivising the use of alternative fuels and imposing penalties for non-compliance. FuelEU Maritime guidelines With the new Compliance Calculator, Glander International Bunkering helps users understand potential penalties...

ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘D-VESSELKEEPER: EEM and PHM' developed by WinKong Marine Engineering Co., Ltd. ClassNK-registered vessels equipped with the product can be given the 'DSS' notations (EE+Sn, MM), which indicate ships with advanced digital technology. Innovative functions In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement for Products & Solutions. ...

SEAONICS has signed a record-breaking contract covering the delivery of five Electric Controlled Motion Compensated ECMC Gangways and five ECMC 3D Cranes for an international customer to a series of walk-to-work offshore newbuilds under construction at global shipbuilder VARD's yard in Vietnam. The advanced equipment will enable the vessels to provide comprehensive maintenance, supply and operational services to offshore oil-and-gas installations.  Benefits of the DC grid and battery solu...

Penta-Ocean Construction, a prominent Japanese general contractor, has commissioned Ulstein Design & Solutions B.V. to design its new heavy lift vessel for offshore wind foundation installation. The customised ULSTEIN HX118 design will feature a 5,000-ton Huisman main crane and the ULSTEIN U-STERN™, which enables installation of increasingly larger monopile foundations. Ulstein's successful track Following feasibility and concept studies in 2023, Penta-Ocean Construction selected Ul...