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.
UAE’s Abu Dhabi National Oil Company (ADNOC) and Japan’s Mitsubishi Heavy Industries (MHI) have agreed to explore potential opportunities for collaboration on the development of value chains for blue ammonia and blue hydrogen. The companies formalized their intention through an agreement signed on D
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
Container shipping companies Hapag-Lloyd and CMA CGM revealed that they entered into collaboration with Nestlé, a Switzerland-based food & beverage company, aiming to advance cleaner shipping.
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
British energy major BP has shared a progress update from its planned integrated Kwinana energy hub in Western Australia which includes green hydrogen production. H2Kwinana, a green hydrogen project, is part of BP’s plans to transition its former oil refinery site in Kwinana into an energy hub. The
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.
Renewable energy developer CWP Global and the Government of the Republic of Djibouti have signed a joint declaration on accelerating CWP’s Green Star Hydrogen Hub, a 5-10 GW green hydrogen project that aims to redefine the energy landscape in the Horn of Africa. The parties signed the joint declarat
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.
UK’s BP Gas & Power Investments and Indonesia’s logistics and supply chain company PT AKR Corporindo have signed a joint development agreement to work on an LNG import project involving a regasification terminal in Java Integrated Industrial and Port Estate at Gresik, East Java, Indonesia (JIIPE). A
China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals
China Classification Society (CCS) has issued an Approval in Principle (AiP) for the recently launched ammonia engine and five methanol engines developed by Finnish technology group Wärtsilä.
Following in the pioneering footsteps of Maersk, Chinese shipping heavyweight COSCO Line is embarking on a journey to retrofit some of its containerships for methanol propulsion. Namely, COSCO Line has partnered with compatriot China’s COSCO Heavy Industry Shanghai, a COSCO Group shipyard, to retrof
Maritime fuel supplier Peninsula has delivered LNG to Suezmax crude oil tanker, Starway, owned by Singapore-based Eastern Pacific Shipping (EPS) at the Gibraltar Port. Peninsula’s first purpose-built 12,500 cubic meter LNG bunker vessel, Levante LNG, supplied EPS’ Starway with approximately 3,500 cu
