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CMA CGM and Bpifrance launch €200M fund to decarbonize French maritime sector

France-based shipping major CMA CGM and public sector investment bank Bpifrance have launched a €200 million fund dedicated to accelerating the energy transition in the French maritime industry. The post CMA CGM and Bpifrance launch €200M fund to decarbonize French maritime sector appeared first on Offshore Energy.

Hapag-Lloyd one step closer to 100% eBL adoption

German container shipping giant Hapag-Lloyd has decided to adopt IQAX eBL to issue electronic bills of lading (eBL) over Global Shipping Business Network’s (GSBN) infrastructure. The post Hapag-Lloyd one step closer to 100% eBL adoption appeared first on Offshore Energy.

Wärtsilä’s auxiliary engines picked for twelve Chinese methanol-fueled giants

Finnish technology group Wärtsilä has been contracted to provide methanol-fueled auxiliary engines for twelve new 24,000 TEU containerships owned by Chinese shipping companies COSCO Shipping Lines and Orient Overseas Container Line (OOCL). The post Wärtsilä’s auxiliary engines picked for twelve Chinese methanol-fueled giants appeared first on Offshore Energy.

EU’s proposed Russia sanctions to target oil tankers, ships moving North Korean equipment

The European Commission is expected to propose sanctions on ships delivering North Korean military equipment to Russia as well as tankers that flout the G7 price cap on Russian oil, European Union sources said on Wednesday. The Commission is finalising its proposal for a 14th package of sanctions against Moscow for its invasion of Ukraine. …

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