South Korea’s shipping major H-Line Shipping and steel giant POSCO have joined hands with compatriot refiner GS Caltex to champion carbon reduction in the maritime realm by using marine biofuel. The three companies inked a Memorandum of Understanding (MoU) on October 5, 2023 in Seoul, signaling the
Marine fuel supplier Bunker Holding has secured biofuel availability in more than 80 ports around the world.
Global independent marine energy supplier Peninsula has fixed its first biofuel deal for Shanghai-based shipowner COSCO Shipping Lines.
Spanish supplier of energy for maritime transport Cepsa has undertaken the largest supply of second-generation biofuels to date at the Port of Barcelona. The operation was conducted on a 350-meter-long containership operated by Hapag-Lloyd.
In the ever-evolving quest to decarbonize the shipping industry, ammonia has emerged as the frontrunner, while methanol, despite its current hype, plays a comparatively smaller role, according to the International Energy Agency’s (IEA) 2023 Net Zero Roadmap report. The IEA’s 2023 Net Zero Roadmap se
Denmark-based NKT has certified its cable-laying vessel (CLV) NKT Victoria to use biofuels such as hydrotreated vegetable oil (HVO) as part of its decarbonization goals. NKT reported that the certification allows the reduction of carbon footprint from the vessel’s fuel consumption by more than 98%.
Cruise shipping major Royal Caribbean Group has completed over 12 consecutive weeks of biofuel testing in Europe. The company began testing biofuels last year and expanded the trial this summer in Europe to two additional ships — Royal Caribbean International’s Symphony of the Seas and Celebrity Cru
Denmark’s tanker shipping company Uni-Tankers and marine energy solutions provider KPI OceanConnect have completed the trial of the B30 biofuel blend onboard Uni-Tankers chemical tanker.
South Korea’s flagship carrier HMM is accelerating its use of alternative fuels in line with the company’s decarbonization efforts. The company, which is currently undergoing a privatization process, has carried out a trial use of a sustainable marine biofuel on its 6,400TEU containership HMM Tacoma
Monjasa, one of the world’s top 10 marine fuels suppliers, is charting a course toward a sustainable and scalable biofuel solution for the maritime sector in Latin America. As the International Maritime Organization (IMO) sets its sights on full decarbonization of the shipping industry by 2050, drop
Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have expanded their FureBear joint venture, launched a year ago, with the order for two additional Vinga-class vessels. The new order for Vinga series vessels grows the FureBear joint venture to a total of ten
Japanese shipping major Mitsui O.S.K. Lines (MOL) has held a naming and launching ceremony for Japan’s first hybrid passenger ship, which uses hydrogen and biodiesel fuels.
Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m
An impressive majority of 68 percent of Finnish maritime respondents who participated in a recent survey have expressed their willingness to pay more money in exchange for emission reduction on their travels. The EPSI Rating’s Passenger Transport 2023 survey examined the customer experience and cust
