NYK’s sixth LNG-fueled pure car and truck carrier, Sumire Leader, has started its transportation service for Mazda Motor Corporation, arriving at the port of Hiroshima on Oct 17 and the port of Nakanoseki on Oct 18. This vessel is the last of four LNG-fueled PCTCs delivered from China Merchants Jinl
The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, Genera
Poland’s ORLEN Group is expanding the company’s presence in the global liquefied natural gas (LNG) market with two new fleet additions, LNG carriers (LNGCs) named ‘Saint Barbara’ and ‘Ignacy Łukasiewicz.’ LNG carrier ‘Saint Barbara’ pays homage to the patron saint of miners, oil and gas workers, whi
In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se
The Decarbonising UK Freight Transport (DUKFT) Network has released a new report claiming that hydrogen-derived fuels such as methanol and ammonia may be important in some niches for road and rail freight, but have the greatest role in decarbonizing domestic and international maritime freight.
German gas grid operator Open Grid Europe (OGE) has joined its Spanish, French, and Portuguese counterparts as a promoter of the European H2Med green hydrogen project. During the event ‘H2Med, an example of European energy cooperation’ at the Spanish Embassy in Berlin, OGE signed a memorandum of und
Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen and maritime supplier Norwegian Electric Systems (NES), both subsidiaries of HAV Group ASA, have completed a laboratory test of a hydrogen fuel cell in combination with a maritime control system. The scope of the project wa
Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2
Cool Company (CoolCo) has entered into sale and leaseback financing arrangements with Huaxia Financial Leasing for two LNG carriers that are being built by Hyundai Samho Heavy Industries in South Korea. Following the earlier announcement of the purchase of two 2-stroke LNG carrier newbuilds, namely
Canada’s Ksi Lisims LNG has filed an application to the British Columbia (B.C.) Government for an environmental assessment certificate (EAC) after consultation, studies and analysis designed to identify and mitigate potential effects on a wide range of matters related to the project. The filing is s
UK-based energy giant BP has shipped the first LNG cargo produced by the new liquefaction train at the Tangguh LNG facility in Papua Barat, Indonesia, marking the start of full commercial operation of the expanded Tangguh LNG facility. The LNG cargo produced by the new train sailed from Tangguh on O
In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2
South Korean shipbuilder Hyundai Samho Heavy Industries has started the construction of a 2-stroke LNG carrier for Cool Company (CoolCo). According to CoolCo’s brief social media update, the steel cutting ceremony for the LNG carrier was held on October 10, 2023. The vessel named Kool Panther is one
Japanese shipping major Mitsui O.S.K. Lines (MOL) has placed an order for a liquefied natural gas (LNG) carrier at Samsung Heavy Industries (SHI).
