The Australian Government has decided not to activate the mechanism to secure additional quantities of liquefied natural gas (LNG) for 3Q 2025 as it feels confident that the current volumes are sufficient to cover the forecasted demand.
The project for retrofitting conventionally-fueled Kamsarmax bulk carrier to dual-fuel methanol, co-led by MMMCZCS and Tsuneishi Shipbuilding, has received approval in principle (AiP), paving the way for green transition within the medium-size bulk carrier sector.
