Tag: Deal
ZeroNorth and Alpha Ori Technologies Close Deal To Join Forces, Accelerating Green Global Trade And Zero Emissions Shipping
ZeroNorth and Alpha Ori Technologies have announced today that they have received all required regulatory approval for their agreement to join forces. It means that today is day one of the two organisations as a new, integrated business under the name ZeroNorth. The milestone kicks off an ambitious next phase for the new ZeroNorth, enabling…
EU ETS: Shipping companies now know who to deal with
Further to our previous articles on the EU’s Emission Trading System (ETS), shipping companies have now been informed which Administering Authority they will have to deal with when surrendering their EU emission allowances (EUAs). On 31 January 2024, a list was published showing which shipping companies have been allocated to which Member State’s Administering Authority…
Maersk enters deal for half a million tonnes of green methanol annually
Maersk MAERSKb.CO on Wednesday announced it had entered into the shipping industry’s first large-scale agreement for green methanol from China’s Goldwind, and said production of green methanol was high on the political agenda in China. Shipping industry leader Maersk is investing in green fuels to power its fleet as it strives to reach net-zero emissions…
KCC and Silverstream Technologies agree deal to equip next four vessels with air lubrication technology
Klaveness Combination Carriers (“KCC”) announces a deal has been agreed to retrofit four additional vessels with the Silverstream® System, the proven air lubrication technology that reduces fuel consumption and the subsequent CO2 emissions. The technology will be first installed on CLEANBUs Barracuda and Barramundi, with CABUs Balboa and Baffin due to follow. They join the…
Anemoi signs deal with Hudong-Zhonghua Shipbuilding Group to develop Rotor Sail designs for LNG carriers
Anemoi Marine Technologies has entered into a Joint Design Cooperation Agreement with Hudong-Zhonghua Shipbuilding Group for the design of Rotor Sails onboard two LNG carrier newbuildings. The deal was signed on 26 October between Nick Contopoulos, Chief Operating Officer of Anemoi, and Wang Jiaying, Director of Research and Design Department from Hudong-Zhonghua, at DongHua Technology…
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…
Maersk Finalizes ECO Delivery Deal with Amazon
A.P. Moller – Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of…
