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Alternative Fuels

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GTT receives stamps of approval for multifuel-ready technology and new LNG carrier design
Alternative Fuels

GTT receives stamps of approval for multifuel-ready technology and new LNG carrier design

French technological containment specialist Gaztransport & Technigaz (GTT) has obtained five approvals in principle (AiPs) for advancements in its Mark III multifuel-ready membrane containment system and the new 200,000 cubic meter (cbm) LNG carrier concept. The approvals were issued by classificati

about 2 years ago
Finland-Estonia green shipping corridor gains momentum
Alternative Fuels

Finland-Estonia green shipping corridor gains momentum

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The FIN-EST Green Corridor, a collaborative initiative between Finland and Estonia aimed at creating a sustainable and climate-neutral maritime corridor in the Gulf of Finland, has approved 19 joint projects that seek to reduce the carbon footprint of ferry journeys between the two countries. The in

about 2 years ago
Bassadone’s new shipping venture to propel Peninsula’s fleet modernization with ‘ultra-spec’ methanol-ready tankers
Alternative Fuels

Bassadone’s new shipping venture to propel Peninsula’s fleet modernization with ‘ultra-spec’ methanol-ready tankers

Hercules Tanker Management (HTM), a shipping venture formed by John A. Bassadone, founder and CEO of marine fuels company Peninsula, is expanding its fleet with four new ‘ultra-spec’ tankers capable of supplying methanol and 100% biofuel, with deliveries set to begin in the second quarter of 2025. S

about 2 years ago
Worley to provide pre-FEED for Uniper’s e-methanol facility in Sweden
Alternative Fuels

Worley to provide pre-FEED for Uniper’s e-methanol facility in Sweden

Worley has entered into an agreement with Liquid Wind to provide pre-FEED for Uniper’s NorthStarH2 e‑methanol facility in Östersund, Sweden.

about 2 years ago
Navios vessel
Alternative Fuels

Navios Maritime Partners to bolster fleet with new methanol-ready scrubber-fitted boxships

The U.S.-listed Greek dry cargo vessel owner and operator Navios Maritime Partners has placed an order for two methanol-ready 7,900 TEU containerships at a South Korean shipyard. The vessels, which will be built by HJ Shipbuilding & Construction (HJSC), cost the company approximately $106 million ea

about 2 years ago
e-fuel
Alternative Fuels

E-fuels set to power next ZEMBA tender, but supply challenges loom

E-fuel-powered container shipping services could be ready for commercial deployment by the year 2027, a new report by the Zero Emission Maritime Buyers Alliance (ZEMBA) and the UK-based classification society Lloyd’s Register’s (LR) Maritime Decarbonisation Hub has projected. As informed, the report

about 2 years ago
New partners join CEM Hubs to support low-carbon fuel infrastructure
Alternative Fuels

New partners join CEM Hubs to support low-carbon fuel infrastructure

The Clean Energy Marine Hubs (CEM Hubs) initiative has welcomed the government of Greece and shipping organizations ABS, Lloyd’s Register Maritime Decarbonization Hub, Oil Companies International Marine Forum (OCIMF), as well as the World Economic Forum, as the newest partners.

about 2 years ago
Wallenius Sol launches new biogas offering
Alternative Fuels

Wallenius Sol launches new biogas offering

Wallenius Sol has launched a new biogas offering that enables customers to “lighten the load” by purchasing liquefied biogas (LBG) corresponding to their transport’s fuel consumption.

about 2 years ago
ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2
Alternative Fuels

ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2

Imodco, a part of the SBM Offshore group, has been awarded approval in principle (AiP) by the classification society ABS for the use of its Tower Loading Unit (TLU) and Catenary Anchor Leg Mooring (CALM) Soft Yoke systems for ammonia and also for CO2 injection.

about 2 years ago
Erik Thun welcomes first hybrid Lake Vanern Max vessel
Alternative Fuels

Erik Thun welcomes first hybrid Lake Vanern Max vessel

Swedish shipping company Erik Thun has taken delivery of the first plug-in hybrid dry cargo vessel in the next-generation Lake Vanern Max series from Ferus Smit shipyard in the Netherlands. Erik Thun revealed the delivery of the vessel named Lidan October 2, 2024, adding the vessel had sailed from f

about 2 years ago
Nuclear power could pave the way for bulkers to sail ‘longer, faster, and cheaper’, study finds
Alternative Fuels

Nuclear power could pave the way for bulkers to sail ‘longer, faster, and cheaper’, study finds

Compared to a Newcastlemax bulk carrier powered by conventional very low sulfur fuel oil (VLSFO) and one powered by green ammonia, a nuclear-powered Newcastlemax bulk carrier could sail longer, faster, and cheaper, without producing greenhouse gas (GHG) emissions, a new study found. Amsterdam-based

about 2 years ago
Marubeni and Solvang start joint operation of ammonia carrier
Alternative Fuels

Marubeni and Solvang start joint operation of ammonia carrier

Japanese conglomerate Marubeni Corporation has signed a partnership agreement with Norwegian shipping company Solvang to start the joint operation of an ammonia carrier as it steps up efforts to contribute to the global low-carbon ammonia value chain. Under the partnership agreement, Marubeni and So

about 2 years ago
Fincantieri
Alternative Fuels

Fincantieri launches the ‘second largest’ dual-fuel LNG-powered vessel built in Italy

Italian shipbuilder Fincantieri has launched Star Princess—the second dual-fuel liquefied natural gas (LNG)-powered vessel being built for the U.S.-based cruise line Princess Cruises. As disclosed, Star Princess is the second ship in the Sphere class, following the delivery of the first of the two o

about 2 years ago
Net-zero goal at risk as shipping falls short of green fuel target by 2030, report warns
Alternative Fuels

Net-zero goal at risk as shipping falls short of green fuel target by 2030, report warns

The global shipping industry is not on track to meet the target of having zero-emission fuels account for 5% of all fuels by 2030, jeopardizing its ambition of hitting net-zero emissions by 2050, a new report shows.

about 2 years ago