Tag: Company
MOL Is 1st Japanese Shipping Company to Raise Funds through Transition Linked Loan Using Performance-based Interest Subsidy System
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has decided to raise funds through a syndicated transition linked loan using the performance-based interest subsidy system based on Japan’s Act on Strengthening Industrial Competitiveness. The Minister of Land, Infrastructure, Transport and Tourism approved MOL’s business adaptation plan on March 28. MOL is the first Japanese shipping…
Innovation from North-East pioneering green technology company on track to revolutionise decarbonisation of vessels
Oasis Marine, a small company in North-East Scotland, is leading the way in the decarbonisation of vessels with pioneering technology. Initially providing a successful range of smaller mooring buoys, Oasis Marine has developed several industrial solutions, the Oasis Hydrogen Buoy and the Oasis Power Buoy, to provide offshore hydrogen bunkering and electric charging, allowing vessels…
Establishment of marketing company for liquified CO2 shipping by Kawasaki Kisen Kaisha, Ltd. and Nippon Gas Line., Ltd.
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Nippon Gas Line Co., Ltd. (Nippon Gas Line) are pleased to announce the agreement to establish a marketing company for the purpose of providing the seamless and efficient integrated liquefied CO2 transportation service for carbon dioxide capture and storage (CCS) projects over the boundaries. The Japanese government is…
MOL Teams up with Australian Energy Company Woodside, South Korean Shipbuilder HD KSOE and Shipping Firm Hyundai Glovis to Study Transport of Liquefied Hydrogen
Mitsui O.S.K. Lines, Ltd. announced the signing of a non-binding memorandum of understanding (MoU) with Woodside Energy Ltd (Woodside), a major Australian energy company and shipbuilding and engineering company HD Korea Shipbuilding and Offshore Engineering Co., Ltd. (HD KSOE) and shipping company Hyundai Glovis Co., Ltd. (Hyundai Glovis), both of South Korea, to jointly study…
Baleària is the first Spanish shipping company to receive the Green Marine Europe environmental certification
Baleària is the first Spanish shipping company to receive the Green Marine Europe certification, an environmental seal of approval that recognises the commitment of shipping companies to eco-efficiency and caring for the planet. By joining this voluntary initiative of the maritime industry, aimed at improving the environmental performance of maritime transport beyond regulatory requirements, Baleària…
Spring Marine Adopts SulNOx in its Fleet: Greek shipping company agrees deal with Logothetis-backed fuel tech pioneer
SulNOx, the fuel technology group listed on London’s Aquis Exchange, has announced that Spring Marine Group will adopt SulNOx products in its fleet to reduce fuel consumption and emissions. Spring Marine (https://www.Springmarine.com/) operates a fleet of Tankers and Bulk Carriers and represents SulNOx’s latest major client in the globally important, and highly influential, Greek maritime…
COSCO SHIPPING’s shipping service company CHIMBUSCO introduces two new marine methanol fuel bunkering group standards
On the afternoon of September 25, China Marine Bunker (PetroChina) Co., Ltd. (CHIMBUSCO), a prominent shipping service company under COSCO SHIPPING, held the “Green Methanol Refuelling Capacity Building Conference” during the Global Sustainable Transportation Forum and the 15th International Exhibition on Transportation Technology & Equipment. During the conference, China Petroleum Circulation Association (CPCA) and the…
Shipping group Maersk sets up green methanol company
Maersk has teamed up with its majority owner to form a new company to produce “green methanol”, the shipping company said on Thursday, as it held a naming ceremony for the world’s first container vessel powered by the low-carbon fuel. Green methanol, produced either from biomass or captured carbon and hydrogen from renewable power, can…
MOL has become the 1st Japanese Shipping Company to Join Washington Maritime Blue, A Non-profit Strategic Alliance for a Sustainable Maritime Industry
Mitsui O.S.K. Lines, Ltd. announced that MOL has become the first Japanese shipping company to participate in the non-profit organization “Leadership Initiative to Promote Maritime Cluster Innovation and the Blue Economy (Note),” organized by Washington Maritime Blue (WMB; CEO: Joshua Berger; Headquarters: Seattle, Washington, U.S.) , a strategic alliance for the collaborative creation of a…
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MOL has become the 1st Japanese Shipping Company to Join Washington Maritime Blue, A Non-profit Strategic Alliance for a Sustainable Maritime Industry
Mitsui O.S.K. Lines, Ltd. announced that MOL has become the first Japanese shipping company to participate in the non-profit organization “Leadership Initiative to Promote Maritime Cluster Innovation and the Blue Economy (Note),” organized by Washington Maritime Blue (WMB; CEO: Joshua Berger; Headquarters: Seattle, Washington, U.S.) , a strategic alliance for the collaborative creation of a…
