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VPS-owned Yxney Maritime launches CORE emissions tracking software

Emissions monitoring and forecasting tool will harness data from a total of more than 100 vessels across the global fleets of Solstad Offshore and Siem Offshore.

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VPS-owned Yxney Maritime on Wednesday (7 September) said it has launched its CORE emissions tracking software aimed at enabling low carbon shipping players to reach their green goals and gain a competitive edge amid growing market and regulatory pressure. 

The emissions monitoring and forecasting tool will harness data from a total of more than 100 vessels across the global fleets of Norwegian shipowners Solstad Offshore and Siem Offshore to augment their existing VPS suite of Maress and NOxDigital solutions geared to data-driven decarbonisation.

CORE

Both companies are taking the digital initiative to get ahead of possible regulations to curb ship emissions in the offshore sector as well as counter higher fuel costs due to Norway’s CO2 tax and the likely implementation of the EU’s Emissions Trading Scheme for shipping from 2023.

In the maritime sector, looming CII and EEXI regulations are set to enter into force next year that will shift the market landscape and give an advantage to proactive players able to progressively cut their emissions in line with these new carbon-intensity requirements.

Scenario planning

The CORE solution helps companies to underpin a culture driving emission reductions and to turn carbon intensity from an operational metric into boardroom-level insight on company and market decarbonisation efforts.

CORE interprets CII and CII equivalents as a score related to the emissions-saving goals for 2030 compared with 2008 as a baseline – or the ‘coreScore’ – that effectively gives industry stakeholders a comparative ranking of different companies’ efforts to reduce their emissions.

The software also makes it possible to plan for various emissions reduction initiatives for the fleet – such as installation of hybrid battery power, sails or use of biofuels – as well as assess their emissions impact, estimated cost and return on capital to enable scenario planning for optimal investments.

In addition, CORE offers a library of measures to determine current and future emission trajectories for different vessels that can be shared with other shipowners to improve the industry’s overall performance.

‘Ticket to trade’

Visibility of emissions data will be “a ticket to trade” in future as sustainability becomes a key business metric for stakeholders across the maritime value chain, according to Simen Sanna, chief executive of Yxney Maritime that is being rebranded as VPS Decarbonisation

“It is important to realise that carbon-intensity requirements will become stricter over time so companies cannot remain static and still achieve compliance. CORE is therefore a dynamic tool that enables emissions targets to be adjusted and achieved in line with regulations,” he said. 

As well as regulatory demands, there is increasing market pressure for green change from shipping stakeholders as emissions performance becomes a key criterion for charter awards from cargo owners and access to green finance from banks.

Yxney Maritime’s chief commercial officer Sindre Bornstein believes CII and EEXI represent a “digital scrubber moment” with major implications for all actors in the maritime industry. 

“These regulations are commercial drivers that are changing market behaviour,” he said.

“Companies that do not exercise responsibility in monitoring emissions and planning to meet carbon intensity targets could be left with poor charters or even stranded assets. The key is vessel data visualisation and availability that can only be achieved with a digital tool such as CORE.”

“CORE is a tool to achieve real change in ship emissions by closing the gap between where a company is now and where it wants to go in the future,” Bornstein added. 

Industry interaction

VPS-owned Yxney Maritime launches CORE emissions tracking software

Solstad Offshore has been a first-mover by collaborating with Yxney Maritime to develop new digital solutions as part of the Maress Sustainability Partnership (MSP). The MSP is a community of industry change agents openly discussing how collaboration and smart use of data can shift the needle in meeting sustainability goals. This was the setting in which the idea of CORE first came to life and found industrial anchoring.

“With 80 vessels operating worldwide, we needed an effective digital tool to handle high data volumes and complexity to track emissions across our fleet and determine the initiatives we need to achieve to meet our goal to cut emissions by 50% within 2030 and achieve net zero by 2050,” said Solstad Offshore’s chief sustainability officer Tor Inge Dale.

“CORE enables us to plot a course and plan ahead for emissions reduction as we take the lead on this digital journey together with key technology suppliers such as Yxney Maritime.”

Siem Offshore’s ESG Director Jon August Houge said: “The coreScore provides a reliable metric to assess the integrity and trustworthiness of our emissions performance.”

The collaborative approach adopted by Yxney Maritime also extends to the CORE software that is designed for interaction with multiple users and data-sharing across different stakeholder groups through a user-friendly visual interface.

 

Photo credit: VPS and Solstad Offshore
Published: 8 September 2022

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Winding up

Singapore: High Court to hear Norvic Shipping Asia winding up application on 31 July

Application for the winding up of Norvic Shipping Asia Pte Ltd was filed by Netherlands-registered Mur Shipping BV on 8 April, according to Government Gazette notice.

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RESIZED singapore high court

An application for the winding up of Norvic Shipping Asia Pte Ltd was filed by Netherlands-registered Mur Shipping BV on 8 April, according to a Tuesday (21 July) notice on the Government Gazette.

It noted the winding up application is directed to be heard before the Judge sitting in the General Division of the High Court at 10am on 31 July.

Any creditor or contributory of the company desiring to support or oppose the making of an order on the winding up application may appear at the time of hearing by himself or his counsel for that purpose.

A copy of the winding up application will be furnished to any creditor or contributory of the company requiring the copy of the winding up application by the solicitors of the applicant’s, Oon & Bazul LLC, on payment of the regulated charge for the same.

The Applicant’s address is Hiridostraat 5, Gebouw Prismatrium, 1101CW Amsterdam, The Netherlands.

The Applicant’s solicitors are Oon & Bazul LLC of 103 Penang Rd, #04-04/05/06 Singapore 238467. 

Queries on the winding up application may be directed to the following email addresses: [email protected] and [email protected].

 

Photo credit: Manifold Times
Published: 22 July, 2026

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Methanol

World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Operation involved the delivery of approximately 2,800 MT of green methanol to “Arctic Tern” via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel “M/V Hai Gang Zhi Yuan”.

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Marine fuel provider World Fuel on Tuesday (21 July) said it successfully completed the first green methanol bunkering of M/V Arctic Tern, with EUKOR Car Carriers and SIPG Energy at the Port of Shanghai. 

Arctic Tern is the first vessel in the new Shaper Class series of car carriers. 

The operation involved the delivery of approximately 2,800 MT of green methanol to Arctic Tern via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel M/V Hai Gang Zhi Yuan, the largest vessel of its kind in operation. 

The bunkering operation was carried out at Haitong Terminal, Waigaoqiao Port Area, Shanghai Port, with cargo handling operations conducted simultaneously during bunkering.

This marks EUKOR Car Carriers’ first green methanol operation and the first time Arctic Tern has bunkered methanol since its delivery on 9 July. The operation marked the first bunkering at Shanghai Port of green methanol produced locally in Shanghai for an international PCTC operator. 

It also demonstrated the city’s integrated green methanol value chain, spanning local production, storage and bunkering, and established a replicable “Shanghai Model” for green methanol supply.

World Fuel arranged the supply and delivery of the fuel on behalf of EUKOR Car Carriers, working with SIPG Energy as the physical supplier at the Port of Shanghai.

The green methanol supplied was produced from municipal solid waste, ISCC-EU certified, and had a carbon intensity value below 25 gCO₂e/MJ.

Arctic Tern is the first of fourteen Shaper Class vessels ordered by Wallenius Wilhelmsen. With a capacity of 9,300 car equivalent units and methanol dual-fuel capability, the vessel will be operated by EUKOR Car Carriers, jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. Following her first green methanol bunkering, Arctic Tern will continue her maiden voyage from Asia to Europe.

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen and CEO of EUKOR Car Carriers, said: “Completing Arctic Tern’s first green methanol bunkering shortly after delivery is a significant milestone towards our decarbonisation ambition for both EUKOR Car Carriers and Wallenius Wilhelmsen. It demonstrates how investments in next-generation vessel technology and fuel flexibility are being translated into real-world operations. 

“This achievement reflects the strong collaboration between all parties involved. Together, we have shown how partnerships across the maritime value chain can help make lower-emission fuels available and operationally viable at scale.”

Mark Tamsitt, SVP Global Marine Sales at World Fuel, said, “The first bunkering event with a new fuel is a significant moment for any shipowner, and our role is to make it as seamless as possible. By connecting EUKOR Car Carriers with SIPG Energy’s proven green methanol capability at the Port of Shanghai, we were able to deliver on reliable supply, fuel quality, and safe processes. As more of our customers bring methanol dual-fuel tonnage into service, we are committed to being the partner that makes these kinds of operations routine.”

Mr. Zhang Da, General Manager of SIPG Energy, said, “Welcoming Arctic Tern to the Port of Shanghai for her first green methanol bunkering demonstrates the strength and maturity of our supply capability. Building on our well-established methanol ship-to-ship bunkering services for container vessels, we have already extended such services to pure car and truck carriers (PCTCs). This bunkering sets a new record for the largest single SIMOPs green methanol bunkering for PCTCs in China, marking another step in building Shanghai’s position as a global green energy hub for international shipping.”

This operation follows Wallenius Wilhelmsen’s announcement on 9 July that Arctic Tern would complete her first methanol bunkering shortly after delivery. The vessel entered service on routes between Asia and Europe immediately following handover from China Merchants Jinling Shipyard in Nanjing.

 

Photo credit: World Fuel
Published: 22 July, 2026

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Ammonia

HPA and MB Energy develop safety concept for STS ammonia bunkering

HPA says the Port of Hamburg will become “bunker ready” for ammonia, laying the groundwork for safe and reliable ammonia bunkering in the future.

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HPA and MB Energy develop safety concept for STS ammonia bunkering

The Hamburg Port Authority (HPA) and integrated energy company MB Energy on Tuesday (21 July) said they have completed a comprehensive risk analysis and developed a dedicated safety concept for ship-to-ship ammonia bunkering.

MB Energy said the analysis lays the groundwork for the safe introduction of ammonia as a future marine fuel.

“With our planned ammonia import terminal in Hamburg-Blumensand, MB Energy intends to provide the reliable land side supply infrastructure needed to support this transition across northern German ports,” it said in a social media post. 

Mabanaft Group was renamed to MB Energy last year and merged over 50 existing brands under one identity. 

Separately, HPA said the Port of Hamburg will become “bunker ready” for ammonia, laying the groundwork for safe and reliable ammonia bunkering in the future.

“The focus is in particular on container ships, cruise ships as well as RoRo and ConRo (Container/RoRo) ships,” it said. 

“We expect ammonia to establish itself as an alternative marine marine fuel in the coming years. With our preparatory work, we are already creating the conditions to welcome the first ammonia-powered ships in Hamburg and to bunker them safely.:

HPA added that the import terminal for ammonia planned by MB Energy from 2029 will make a decisive contribution to ensuring the reliable availability of ammonia as a bunker fuel in northern German ports in the long term. 

“The use of an ammonia bunker barge is considered a possible addition to the landside infrastructure to enable ship bunkering in the port and beyond in the future,” it said.

Related: Mabanaft Group renames as MB Energy, merging over 50 brands under one identity

 

Photo credit: Hamburg Port Authority
Published: 22 July, 2026

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