2nd GreenTech In Shipping Global Forum

Namely, the Ecuador Ministry of Environment and environmental ratings agency, Sambito SA, recognized the company’s “strong and priority commitment to the environment ” with the certification marking CGSA’s compliance to ISO 14064-1 standards. “This carbon neutral certification awarded to Contecon Guayaquil is a testament of our firm and unbreakable commitment to preserve the environment in…

LiqTech International, Inc. (NYSE AMERICAN: LIQT) (“LiqTech”), a clean technology company that manufactures and markets highly specialized filtration technologies, announced today the Company has signed a framework agreement with one of the world’s largest marine scrubber manufacturers to develop a new product for the treatment of Marine Scrubber Wastewater. The new product will offer marine vessels guaranteed compliance with…

The technology group Wärtsilä’s hybrid power module, the innovative Wärtsilä HY, has been granted Approval in Principle (AIP) by ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries. This AIP follows another issued by ABS in 2017 for Wärtsilä’s hybrid propulsion tug designs. The Wärtsilä HY was developed…

A vessel was underway at about 16 knots in coastal waters and near darkness. The OOW was at the con with the Master present on the bridge and a helmsman at the wheel. The vessel was bound for a regular port of call but was using a different route from previous trips because of the…

The cost reduction, based on contract freight rate data provided confidentially by Asian, American and European retailers and manufacturers, shows that shippers who negotiate well with carriers can continue to reduce their multi-million freight spend on most East-West routes, despite the increases in bunker prices during the past year. A moderate fall in the Asia-Europe…

Maersk Product Tankers has entered a sale and leaseback agreement for four MR vessels built in 2015 and 2016 with the Industrial and Commercial Bank of China (ICBC). “The agreement will increase financial flexibility and strengthen the financial position of Maersk Product Tankers,” says Morten Mosegaard, Chief Financial Officer at Maersk Product Tankers. Maersk Product…