Japan’s Mizuho Bank has arranged for a transition loan to finance IINO Lines’ acquisition of the LPG dual fuel LUMI AURORA very large gas carrier (VLGC) as part of the shipping company’s Green Transition Finance Framework. A transition loan is designed to fund corporate projects that contribute towards decarbonisation and a lower carbon economy. The Green Transition Finance Framework established by IINO Lines is structured around the Company’s transition strategy for its shipping business and is aligned with the Climate Transition Finance Handbook and Climate Transition Bond Guidelines published by the International Capital Market Association (ICMA), as well as the […]

Europe’s Waterborne Technology Platform (TP) has this week finalised its suite of Technology Roadmaps which aim to support research and development (R&D) across the innovation chain and contribute to the objectives of the European Union’s Industrial Maritime Strategy and Ports Strategy. There are nine Technology Roadmaps covering the various sectors of the European waterborne sector: inland waterway transport; ferries; short sea shipping; the cruise sector; offshore vessels; port ecosystems; the blue economy; maritime technology; and ocean-going shipping. The finalisation of the Technology Roadmaps has been welcomed by the industry. Pieter Huyskens, Damen Group Director RD&I, commented: ‘Europe has strong expertise […]

Marine fuel supplier Oceania Bunkering Mozambique has informed ship.energy that it will be officially launching its new ship-to-ship (STS) bunker delivery service of low sulphur marine gasoil (LSMGO) later this month. Representatives told ship.energy that the company – which was established by Mozambique state-owned logistics and energy entities CFM Logistics and Petromoc – started supplying all grades of marine fuel by truck in ports across the country in 2025 and it is now ready to branch out into STS deliveries. Focusing on serving ships at the Beira Anchorage, Oceania Bunkering Mozambique will be deploying the 5,000 metric tonne (mt) capacity […]