In a bid to secure a competitive landscape for the availability of renewable fuels to power maritime vessels, energy providers need to have regulatory frameworks established within the next two years. The call comes with the recognition that substantial investments in new fuels are imminent, conting
MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RoRo equipment for an additional four multi-fuel and zero-carbon ready Aurora-class pure car and truck carriers (PCTCs) for Höegh Autoliners.
On the margins of COP28, shipping companies Mitsui O.S.K. Lines (MOL) and Maersk are actively sending a signal of readiness to procure green fuels and drive economies of scale.
U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne
Classification society Bureau Veritas (BV) has issued Approval in Principle (AIP) to Chinese provider of clean energy technology service and solutions Wison Offshore & Marine (WOM) for its floating green methanol plant (FGMP) solutions.
The US Department of Energy’s Oak Ridge National Laboratory (ORNL) and engine manufacturer Caterpillar have entered into a cooperative research and development agreement (CRADA) to investigate using methanol as an alternative fuel source for four-stroke internal combustion marine engines.
Norwegian shipping company Avance Gas has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The company said that the two newbuildings would be sold for $240 million en bloc. The buyer of the vessels was not disclosed. The very large gas carriers (V
Chinese shipbuilder Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group.
Classification society ABS has issued approval in principle (AiP) to Lemissoler Navigation for its design of a methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry.
Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focu
Belgian tanker company Euronav NV confirmed this morning that it has lifted the option for one more very large crude carrier (VLCC) at Chinese shipyard Qingdao Beihai and ordered two Suezmaxes at Daehan Shipbuilding in South Korea. The confirmation comes on the heels of shipbroker reports on the ord
Ecomotus’ EcoPro fuel catalyst system, a standalone retrofit design that uses hydrogen to reduce emissions and improve fuel efficiency on marine engines, has been granted full-type approval by the classification society RINA. The EcoPro system is said to optimize the engine’s fuel combustion, contin
The first of eighteen large methanol-powered vessels ordered by Danish shipping and logistics giant A.P. Moller-Maersk will be deployed on the Asia-Europe trade lane, the company revealed.
South Korean shipping giant HMM has inked a landmark contract with China State Shipbuilding Corporation (CSSC) for the construction of up to ten 10,800 CEU LNG dual fuel car carriers. The vessels are set to be constructed at CSSC’s Guangzhou Shipyard International (GSI) for a price of $732 million.
