Genco Shipping & Trading Limited Announces Fourth Quarter Financial Results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and twelve months ended December 31, 2022. The following financial review discusses the results for the three months and twelve months ended December 31, 2022 and December 31, …

Genco Shipping & Trading Limited Announces Fourth Quarter Financial Results Read More »

ZIM and HAI AN announce Lotus Link, a new a joint venture for domestic and regional shipping services in Vietnam

ZIM and HAI AN announce Lotus Link, a new a joint venture for domestic and regional shipping services in Vietnam. Lotus Link brings together the global, regional and domestic expertise and coverage of ZIM and Hai An. The joint venture will serve the major ports in Vietnam (Ho Chi Minh, Danang and Haiphong) as well …

ZIM and HAI AN announce Lotus Link, a new a joint venture for domestic and regional shipping services in Vietnam Read More »

India: It’s Critical To Develop Roadmap For Greening The Shipping Sector With Focus Firmly On Meeting The Decarbonization Targets For 2030 As Well As The Net-Zero Goals For 2070

Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal has said it is critical to develop a roadmap for greening the shipping sector in India, reduce pollution intensity and evolve strategies to introduce renewable energy and green hydrogen in the shipping sector. Addressing the session on Instruments and Leadership for Inclusive Green Growth at …

India: It’s Critical To Develop Roadmap For Greening The Shipping Sector With Focus Firmly On Meeting The Decarbonization Targets For 2030 As Well As The Net-Zero Goals For 2070 Read More »

Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss …

Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022 Read More »

Vestas & Co’s new wind turbine blade recycling solution: How does it work and can it make emission-intensive aviation sector greener?

On 8 February, Vestas and its CETEC partners made headlines as they completed a project that brought a novel chemical disassembly process for wind turbine blades a step away from commercialisation. It is time we look more closely at what exactly in the two-step process is new, where else it can be applied, and if …

Vestas & Co’s new wind turbine blade recycling solution: How does it work and can it make emission-intensive aviation sector greener? Read More »

South Korea invites bids to support eco-friendly conversion of ships as it lays out strategy to decarbonize shipping by 2050

In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050.LNG-Ready HMM Nuri; Image credit HMM The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) …

South Korea invites bids to support eco-friendly conversion of ships as it lays out strategy to decarbonize shipping by 2050 Read More »

KPI OceanConnect, PIL and Bunker One join hands in Singapore’s 1st overseas digital marine fuels deal

Singapore-based container shipping Pacific International Lines (PIL), marine energy solutions provider and trader KPI OceanConnect, and marine fuel supplier Bunker One have carried out their first live electronic marine fuel inventory statement for an overseas delivery through the Singapore Trade Data Exchange (SGTraDex). Singapore-flagged container vessel Kota Rakan, owned by PIL, was bunkered with very low sulphur fuel oil (VLSFO) by Bunker One at the …

KPI OceanConnect, PIL and Bunker One join hands in Singapore’s 1st overseas digital marine fuels deal Read More »

Advanced Polymer Coatings seals double tanker recoating deal with United Overseas Management

AVON, OHIO headquartered manufacturer Advanced Polymer Coatings (APC) is announcing a new deal with United Overseas Management (Hellas) to fully recoat two of its oil and chemical tankers. APC will apply its MarineLINE protective tank coating to the 45,293 DWT UACC Mansouria and the 45,249 DWT UACC Marah. Both the vessels, which were built in …

Advanced Polymer Coatings seals double tanker recoating deal with United Overseas Management Read More »

CIP buys into blue ammonia project in the Gulf Coast

Copenhagen Infrastructure Partners (CIP) has acquired a majority stake in a blue ammonia project which will be developed alongside US-based Sustainable Fuels Group (SFG). For illustrative purpose only; Archive. Source: Copenhagen Infrastructure Partners While the financial terms of the transaction were not disclosed, CIP said it has acquired the stake in this project through its …

CIP buys into blue ammonia project in the Gulf Coast Read More »

Scroll to Top