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Energy Transition

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bulker powered by ammonia
Energy Transition

Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships

Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day p

about 2 years ago
green ammonia
Energy Transition

Green ammonia could decarbonize 60% of global shipping by 2050, study reveals

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Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows.

about 2 years ago
Provaris appoints DNV for hydrogen carrier FEED review
Energy Transition

Provaris appoints DNV for hydrogen carrier FEED review

Provaris Energy is advancing works on its proprietary H2Neo hydrogen carrier and hydrogen cargo containment system and has now engaged classification society DNV to issue a front-end engineering design (FEED) statement. Last summer, Provaris kicked off the program for the construction and testing of

about 2 years ago
Clarksons: 2023 a positive year for shipping as China delivers 50% of shipbuilding output
Energy Transition

Clarksons: 2023 a positive year for shipping as China delivers 50% of shipbuilding output

Seaborne trade has witnessed a notable uptick in 2023, registering a 3% increase to a $12.4 billion, according to data from Clarksons Research. The global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this expansion, the new

about 2 years ago
Green Pioneer
Energy Transition

MOL pens charter contract with Yara for ammonia carrier

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International ASA, the world’s largest nitrogen fertilizer manufacturer. The 2010-built vessel was delivered

about 2 years ago
2023 in review: A transformative year for shipping and maritime
Energy Transition

2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago
UMAS
Energy Transition

UMAS: Early movers are vital in setting up a zero-emissions shipping market

There will be a range of costs expected from switching to zero-emission containerships in deep-sea and coastal routes, a recent report from UMAS finds.

about 2 years ago
Uniper looking into Provaris’ compressed hydrogen carriers for hydrogen import
Energy Transition

Uniper looking into Provaris’ compressed hydrogen carriers for hydrogen import

Australia-based developer of green hydrogen projects Provaris Energy has signed a non-binding memorandum of understanding (MoU) with German energy company Uniper to evaluate the supply of green hydrogen to Germany using Provaris’ compressed hydrogen carriers. Under the MoU, Provaris and Uniper will

about 2 years ago
Rystad Energy
Energy Transition

Rystad Energy partners zero-carbon shipping center

Norway’s energy research and business intelligence company Rystad Energy has joined Denmark’s Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to advance the maritime industry’s role in the global energy transition.

about 2 years ago
Bernhard Schulte
Energy Transition

Bernhard Schulte orders LNG dual-fuel CO2 carrier backed by Northern Lights’ long-term charter

Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an

about 2 years ago
Hydrogenious Clarksons
Energy Transition

Clarksons and Hydrogenious team up on large-scale commercialization of clean hydrogen

Clarksons Specialised Products, a unit of UK shipbroker Clarksons, has signed a Memorandum of Understanding (MoU) with Germany-based Hydrogenious LOHC Technologies to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using

about 2 years ago
Hydrotug2
Energy Transition

World’s 1st hydrogen-powered tug launched

The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “Th

about 2 years ago
ICS
Energy Transition

Can shipping go beyond the COP28 razmataz and deliver on net zero targets?

Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, 60 maritime organisations and government partners agreed on a course to deliver the IMO’s net-zero strategy at Shaping the Future of Shipping, an event hosted by the Internation

about 2 years ago
Port Houston
Energy Transition

Houston, Antwerp-Bruges ports and partners pen energy transition accord

U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne

about 2 years ago