The Port of Rotterdam has entered into a new agreement with oil refiner and supplier VARO Energy Group to optimize fuel and energy practices. VARO has emerged as the winner of the port’s tender process for the cleanest usable energy carrier. The port has been using VARO’s HVO100 (100% Hydrotreated V
The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in
Solstad Offshore has joined forces with Pon Power and Caterpillar Marine to scale up fuel efficiency across its vessels and slash its emissions.
Singaporean shipbuilding group Seatrium has secured a turnkey carbon capture and storage (CCS) retrofit contract from Norwegian shipowner Solvang ASA. This pioneering initiative involves the retrofitting of a 7MW Wärtsilä CCS system onto Solvang’s ethylene carrier, the Clipper Eris. The system is ex
Yara Clean Ammonia, North Sea Container Line, and Yara International have partnered with CMB.TECH to place a shipbuilding order for the world’s first ammonia-powered containership, Yara Eyde. CMB.TECH revealed the order on February 14, stating that the 1,400 TEU ice-class containership will be built
Greek shipowner Diana Shipping is doubling down on its commitment to methanol as part of its fleet renewal investments. The company revealed on Wednesday that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel Kamsarmax dry bulk vessels, worth $46 million each. This strategic
Italian shipbuilder Fincantieri has delivered Sun Princess, the first of two liquefied natural gas (LNG) cruise ships for Princess Cruises.
French containership major CMA CGM has welcomed into the fleet CMA CGM Mermaid, the first ship in a series of ten new 2,000 TEU container ships powered by liquefied natural gas (LNG). The fleet has been designed in cooperation with French shipbuilder Chantiers de l’Atlantique and Danish engineering
The world’s largest cruise company, Carnival Corporation & plc, has signed an agreement with German shipbuilder Meyer Werft for the construction of a new LNG-fueled Excel-class cruise ship. This is the first newbuild order placed by Carnival Corporation in five years. It will be the tenth Excel-clas
Greek shipowner Danaos Corporation has placed a $188.4 million order for the construction of two methanol-ready 8,258 TEU containerships at Yangzijiang shipyard in China. The latest fleet renewal move brings the company’s orderbook to twelve ECO methanol-ready containership newbuilds with an aggrega
Belgian shipping major Compagnie Maritime Belge (CMB) has launched its mandatory public takeover bid on all shares in Euronav that are not already directly or indirectly owned by CMB or its affiliates. The move comes after CMB, Euronav’s biggest shareholder, struck a deal with Frontline in October 2
Singapore-based Seatrium, formerly Sembcorp Marine, has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers. The contract will see Seat
HAV Hydrogen, a subsidiary of HAV Group, has received NOK 12.4 million (around $1.18 million) in funding from Innovation Norway to build, test, and certify a full-scale prototype of a containerized hydrogen (H2) energy system for ships called Zero Emission Pod. The Zero Emission Pod is a complete de
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
