Wasaline Optimistic about 2025 Despite 2024 Revenue Drop
Finnish shipping line Wasaline has expressed optimism about its financial results despite emission trading system (ETS) fees becoming a new expense for the company.Wasaline transports passengers and freight daily between Vaasa in Finland and Umeå in Sweden.It is the only passenger shipping company in Finland that does not have an exemption from ETS fees. The so-called Island Exemption, which grants relief from paying ETS, applies between Finland and Åland.Wasaline managed to reduce total CO₂ emissions by 5% in 2024. The use of green shore power increased by 22% during the year.
MOL Takes Delivery of Environmentally Friendly Multi-Purpose Vessel (Video)
The multi-purpose vessel Prima Verde, said to be the world’s first vessel able to run on marine gas oil (MGO) and wind assisted propulsion simultaneously, has been delivered.Operated by Mitsui O.S.K. Lines (MOL) company MOL Drybulk and owned by Daishin Shipping, the vessel), was delivered at Onomichi Dockyard.The vessel has a range of environmentally friendly features, and is the world's first vessel of any type to use green steel materials, an engine that can run exclusively on marine gas oil (MGO) and a wind assisted vessel propulsion system.JGreeX…
German Shipowners Seek Clarity from Berlin on Carbon Trading
German shipowners' group VDR on Tuesday urged the Berlin government to provide legislation implementing European Union requirements to include the sector in the bloc's carbon trading system.The government is behind in transforming an EU agreement late in 2022 to require shipowners to buy EU carbon permits to trigger investment in greener technologies, into national legislation, VDR said at its annual press conference."For us, the cornerstone of our operations is not only planning certainty but also the assurance of uniform competitive conditions on an international scale…
Seymour Sun, Grouse Sun Garner Green Ship Award
Delivered in January 2022 and April 2022 respectively from Hyundai Mipo Dockyard in South Korea, the Seymour Sun and Grouse Sun are owned by NYK Bulkship Asia Pte. Ltd., were recognized recently with the "Green Ship Award" at the Singapore Registry of Ships (SRS) Forum 2022 hosted by the Maritime and Port Authority of Singapore (MPA).Each ship measures 186 x 32 m, is 30,873 gt and flies the Singapore flag.The ships have each been equipped with a dual-fuel engine that can use heavy fuel oil and methanol.
