Lloyd’s Register (LR) has acquired GreenSteam, a marine data intelligence company specialising in improving vessel efficiency through machine learning. The acquisition will be integrated and managed by i4 Insight, a subsidiary of Lloyd’s Register. i4 Insight, part of LR’s Maritime Performance Services business, is a digital platform that allows shipowners, operators and charterers to easily access insights on vessel performance and fuel consumption...
MSC Mediterranean Shipping Company has opted to fit more than 30 air lubrication systems from Silverstream Technologies to existing orders of newbuild large container ships. The installations are expected to reduce carbon emissions by 1.6 million tonnes and save over EUR 257.5 million over the vessels’ lifecycles of approximately 25 years. The order relates to...
Nautilus Labs has expanded its project with TotalEnergies to optimise fleet performance and reduce greenhouse gas (GHG) emissions from a chartered liquefied natural gas (LNG) carrier fleet. The partnership with Nautilus Labs started in November 2020 and has since been expanded to the full long-term chartered fleet. TotalEnergies works with various owners and required a...
Predictive intelligence company Windward has launched the Data for Decarbonisation programme (D4D), a partnership aimed to increase transparency and foster collaboration within the maritime industry by leveraging the power of big data and artificial intelligence (AI). The programme aims to create large datasets gathered from all stakeholders in the maritime trade industry to build AI...
The UK shipping industry has agreed that the international shipping sector must pursue a net-zero carbon emissions target by 2050. International regulations require the global shipping industry to cut its emissions by at least 50 per cent compared to 2008 levels. But the UK Chamber of Shipping has now confirmed it wants the International Maritime...
ABB has responded to rising demand for low and zero emissions from ships by developing a containerised energy storage system (ESS) – a complete, plug-in solution to install sustainable marine energy storage at scale. The Containerised ESS is housed in a 20ft high-cube ISO container and ready to integrate with the vessel’s main power distribution...
Scandinavian software company BunkerMetric has joined the Veson Partner Network as an official platform partner. This partnership will see BunkerMetric’s bunker procurement optimisation tool, BunkerPlanner, integrated with the Veson IMOS Platform (VIP), to empower mutual clients with the data-driven insights and connectivity they need to optimise their bunkering decisions. The turnkey integration will help streamline...
Bunker price data from BunkerEx is now being offered in ZeroNorth’s platform, Optimise, to improve fuel price transparency and enable more informed decision making. Customers of Optimise will now have access to BunkerEx’s fuel price data. The company, which was recently acquired by Shipping and Trading group USTC, observes over 2,000 marine fuel prices per...
In the first quarter of 2024, A.P. Moller – Maersk plans to introduce the first of eight large ocean-going container vessels capable of running on carbon neutral methanol. The 16,000 TEU vessels, which will be built by Hyundai Heavy Industries (HHI), will be equipped with a dual fuel engine setup to operate on both methanol...
Mitsui O.S.K. Lines and its subsidiary MOL Drybulk have signed a Memorandum of Understanding (MoU) with Tata Steel to develop and deploy a low emission bulk carrier to reduce supply chain greenhouse gas (GHG) emissions. “The objective of the agreement is to reduce greenhouse gas emissions in the ocean transportation of raw materials for production...
Tallink shuttle vessel Megastar is to be fitted with ABB’s shore connection solution, enabling it to plug into the local grid for quiet and emission-free overnight layovers in the Port of Tallinn. Fuelled by low-emission liquefied natural gas (LNG), passenger and car ferry Megastar makes three return journeys between the Estonian and Finnish capitals per day,...
From 1 September 2021, shipowners and operators calling at ports in Sierra Leone risk penalties of up to USD 15,000 if they carry fuel with a sulphur content exceeding 0.5 per cent, according to international shipping association BIMCO. The International Maritime Organization’s (IMO’s) global sulphur cap came into force on January 1, 2020 and requires...