Tag: eco-friendly ships

EuroGreen Maritime SAS (EGM) announced that it entered into a seven-year charter agreement for four vessels with the Equinor ASA after being awarded the contract of the tender process initiated in December 2023.

Stena Bulk has announced the latest expansion of its fleet with new long-term charter agreements for four state-of-the-art newbuild eco Medium Range (MR) tankers.

Kawasaki Kisen Kaisha (“K” LINE) and NIHON SHIPYARD CO., (NSY) have entered into a contract for the construction of three post-Panamax bulkers which NSY had newly developed and designed as next-generation, environmentally friendly ships.

In an effort to develop innovative ships to lower emissions, Thun Tankers, a Swedish shipping company, have placed an order for two 7999 mts dwt tankers.

As part of is efforts to respond to the increasingly challenging environmental regulations, the South Korean government confirmed unveiled a basic plan to support development of eco-friendly ships.

The Cabinet of South Korea has approved a motion based on nurturing industries for eco-friendly vessels, in order to deal easier with the strict IMO 2020 regulations and reduce the shipping emissions. Namely, the trade ministry reported that would force a set of measure, to spread and boost the development and supply of such ships.

A recent study carried out in the Laboratory of Industrial Management at Åbo Akademi University indicates that improved ship utilization rates and investments in environmentally sustainable technologies for enhanced energy efficiency would not only significantly reduce carbon dioxide emissions within navigation but would also contribute to lowering freight costs.

ContainerShips, the subsidiary of CMA CGM Group, officially announced that successfully delivered its 4th LNG-fueled ship, the "CONTAINERSHIPS ARCTIC", enhancing its role in the sustainable shipping market. Specifically, the 1,380-TEU containerships were delivered on 10 December 2019.

Italian shipbuilder Fincantieri hosted a keel laying ceremony in Monfalcone for the 'MSC Seashore', the the first of two enriched “Seaside Evo” Class ships for MSC Cruises. When it enters into service in June 2021, the ship will be the company’s longest ship, featuring 339 metres and environmental technology. 

Finnish shipyard Rauma Marine Constructions has begun construction of the world's most environmentally friendly RoPax vessel for the consortium Kvarken Link, to operate between Vaasa in Finland and Umeå in Sweden. A traditional steel cutting ceremony was held at the shipyard on 16 September.