American Bureau of Shipping (ABS) has inaugurated a training center in Doha, Qatar, dedicated to using the latest techniques to educate marines in modern LNG vessel operations. The ABS Global LNG Academy, which is supported by state-owned energy giant QatarEnergy, is a coordinated effort with indust
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
According to a Ricardo study, commissioned by Transport & Environment (T&E), a European clean transport campaign group, the European Union (EU) should be cautious about relying on uncertain imports to meet its hydrogen targets. The study, made to assess the EU’s needs for hydrogen imports and evalua
As part of the second phase of its massive LNG fleet expansion project, QatarEnergy has selected Qatar Gas Transport Company (Nakilat) to own and operate up to 25 conventional-size LNG carriers pursuant to time charter parties (TCP) to be entered into by affiliates of the two companies. QatarEnergy
South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured a contract to construct fifteen liquefied natural gas (LNG) carriers for an undisclosed shipping company from the Middle East.
The escalation of attacks on commercial ships in the Red Sea by the Houthi armed forces is further intensifying after increased air strikes by the U.S. and UK forces in Iraq, Syria, and Yemen. Paradoxically, the military intervention has not deterred the Houthi rebels, who have promised further reta
Following a major step to create a regulatory framework for the full decarbonization of the maritime industry with the adoption of a revised Greenhouse Gas (GHG) strategy in July last year and alignment with the objectives of the Pairs Agreement on curbing global warming, the International Maritime
The NGO Shipbreaking Platform is calling for the extension of the EU Ship Recycling Regulation to include ownership in addition to the flag, after releasing the latest figures on global shipbreaking practices for 2023. The data from the platform shows that out of the 446 ocean-going commercial ships
Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supp
Dubai energy trader BGN has emerged as the owner behind the order for the construction of two Very Large Gas Carriers (VLGCs) at Hyundai Heavy Industries. HHI’s parent company HD KSOE announced the deal in a stock exchange filing in mid-January. The deal is said to be worth KRW 310 billion ($235 mil
Two U.S.-flagged containerships, Maersk Detroit and Maersk Chesapeake, operated by Maersk Line, Limited, a U.S. subsidiary of A.P. Moller-Maersk, were targeted by anti-ship missiles while transiting the Bab el-Mandeb on January 24, 2024. The attacks were confirmed by Maersk saying that the two vesse
In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from
Proman and Bahri ink a five-year agreement for Bahri Chemicals, a Bahri arm, to time-charter two methanol-powered ships, Stena Provident and Stena Progressive, to transport various products globally.
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally
