In Canada, BC Ferries has secured a $75 million loan from the Canada Infrastructure Bank (CIB) to finance the purchase of four zero-emission battery electric ferries Canada Infrastructure Bank and the installation of necessary charging infrastructure. This project aims to reduce 9,000 tonnes of greenhouse gas emissions annually by fiscal 2027, contributing to Canada’s goal […]
In Sweden, Lakeway Link AB has partnered with ScanOcean AB to utilize B15-DMA, for its new roll-on/roll-off (ro-ro) service between Södertälje, Sweden, and Gdynia, Poland. Deliveries will be in Södertälje, to the vessel M/S Lakeway Express. ScanOcean AB, a leader in renewable marine fuel solutions, will supply the B15-DMA fuel, which meets ISO 8217 standards […]
In Japan, Mitsubishi Heavy Industries, Ltd. (MHI) and NGK Insulators Ltd. will collaborate to develop membrane dehydration systems for Bioethanol and e-Methanol production. Bioethanol, an alternative to gasoline and a key component in Sustainable Aviation Fuel and e-Methanol, a promising next-generation marine fuel, stand to benefit from this technology. MHI will utilize its expertise in […]
In California, Marine Link reports the United States’ first hydrogen-powered ferry, Sea Change, has received its Certificate of Inspection (COI) from the U.S. Coast Guard. The COI marks one of the final milestones for expected June commercial operations in the San Francisco Bay Area. SWITCH Maritime, the company behind this groundbreaking zero-emissions vessel, announced the […]
In Sweden, Alfa Laval announced reaching over 100 orders for its FCM Methanol low-flashpoint fuel supply system (LFSS). This success underscores the maritime industry’s growing confidence in Alfa Laval’s fuel treatment expertise, particularly as shipyards and owners pivot towards methanol as a key alternative fuel. The FCM Methanol, launched in 2015, boasts the longest operational […]
In Norway, North Ammonia AS has secured a reservation for 171 MW of grid capacity for a green ammonia production plant in Eydehavn, Arendal. This reservation from Statnett and Glitre Nett ensures ample grid capacity for the facility’s annual production of approximately 145,000 tonnes of green ammonia, positioning North Ammonia as a key player in […]
Global Consortium Blue Visby’s recent prototype trials demonstrated a 17.3% average decrease in maritime carbon emissions. Conducted in March and April 2024, these trials featured the bulk carriers M/V Gerdt Oldendorff and M/V Begonia, chartered by CBH Group, performing ballast voyages to Australia’s Kwinana Grain Terminal. The trials yielded impressive results, with the M/V Gerdt […]
In Greece, TEN Ltd. announced the delivery of six eco-friendly vessels since the start of 2024. The latest additions, including the Dual-Fuel LNG LR2 product tankers “Ithaki DF,” “Chios DF,” and “DF Montmartre,” signal the company’s commitment to green growth. This fleet expansion is complemented by the arrival of the 2023-built “DF Mystras,” the 2018-built […]
In Japan, Mitsui & Co., Ltd. announced an undisclosed investment in the $1.5 billion Maritime Investment Fund III (MIF III) organized by Navigare Capital Partners A/S. This maneuver marks Mitsui’s continued expansion into maritime investment, leveraging the expertise of its wholly owned subsidiary, Mitsui & Co. Alternative Investments Limited. Mitsui is poised to revolutionize maritime […]
In France, GTT Strategic Ventures will invest in Energo’s €16.5 million financing round supporting the company’s production of green hydrogen and biofuels from CO2, biogas, and ammonia. Energo, founded in 2018 from research at Chimie Paris Tech, synthesizes molecules using plasma catalysis. Philippe Berterottière, Chairman and CEO of GTT, said, “GTT, through its investment fund […]
