Hercules Tanker Management (HTM), a shipping venture formed by John A. Bassadone, founder and CEO of marine fuels company Peninsula, is expanding its fleet with four new ‘ultra-spec’ tankers capable of supplying methanol and 100% biofuel, with deliveries set to begin in the second quarter of 2025. S
The European Commission has given the green light to MSC Mediterranean Shipping Company, the world’s largest container shipping company, to officially enter into the ownership structure of Germany’s logistics company Hamburger Hafen und Logistik Aktiengesellschaft (HHLA).
Taiwan’s shipping company Wan Hai Lines has decided to adopt biofuel across its fleet to boost its efforts on the journey toward the carbon reduction goal.
Worley has entered into an agreement with Liquid Wind to provide pre-FEED for Uniper’s NorthStarH2 e‑methanol facility in Östersund, Sweden.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has revealed the decision to merge three group subsidiaries responsible for maritime technology and engineering to form a technical hub that will aid the maritime industry on the decarbonization path. Namely, MOL Marine & Engineering (MOLMEC), MOL Oc
The U.S.-listed Greek dry cargo vessel owner and operator Navios Maritime Partners has placed an order for two methanol-ready 7,900 TEU containerships at a South Korean shipyard. The vessels, which will be built by HJ Shipbuilding & Construction (HJSC), cost the company approximately $106 million ea
Chinese shipbuilder New Times Shipbuilding (NTS) has bid adieu to two eco-friendly 159,000 dwt crude oil tankers as they set sail at the end of September to join Greek shipowner TMS Tankers’ fleet. As informed, the newly launched tankers, which are the third and fourth of four ships previously order
E-fuel-powered container shipping services could be ready for commercial deployment by the year 2027, a new report by the Zero Emission Maritime Buyers Alliance (ZEMBA) and the UK-based classification society Lloyd’s Register’s (LR) Maritime Decarbonisation Hub has projected. As informed, the report
“To scrub, or not to scrub” has been an ongoing debate in the maritime industry, especially following the entry into force of the 2020 sulphur cap. Many ports and countries have decided to ban open-loop scrubber discharges within their territorial waters, although there are no uniform regional or gl
Taiwanese shipping company Wan Hai Lines has placed an order for four methanol dual-fuel containerships in South Korea.
Germany-based container shipping major Hapag-Lloyd has placed orders for up to thirty liquefied natural gas (LNG) dual-fuel container vessels in China.
MarinEV, marine electrification business of Singapore-based green technology solutions provider Yinson GreenTech (YGT), has launched the Hydromover 2.0 project, a part of the company’s Hydromover product line of zero-emission electric vessels for light cargo transfer within the port of Singapore, wi
The Clean Energy Marine Hubs (CEM Hubs) initiative has welcomed the government of Greece and shipping organizations ABS, Lloyd’s Register Maritime Decarbonization Hub, Oil Companies International Marine Forum (OCIMF), as well as the World Economic Forum, as the newest partners.
Norwegian ammonia trade and shipping company Yara International has officially opened its new ammonia import terminal in Brunsbüttel, Germany, providing the infrastructure to enable imports of up to three million tonnes of low-emission ammonia to Europe annually. The company inaugurated the new term
