Greece-based shipping company Safe Bulkers has entered into an agreement with an undisclosed company to acquire a Japanese Kamsarmax vessel newbuild.
H2SITE has received approval in principle (AiP) from Lloyd’s Register (LR) for its AMMONIA to H2POWER technology for on-board ammonia cracking.
French shipbuilder Chantiers de l’Atlantique has chosen Norwegian company Brunvoll to supply the main propulsion for Orient Express Silenseas’s new wind-powered cruise vessels.
Bergen Engines joined FME MarTrans, an initiative for reducing emissions and energy consumption and increasing the use of alternative fuels.
Sohar Port and Freezone has signed a sub-usufruct agreement with Marsa Liquefied Natural Gas, a joint venture between Total Energies EP Oman Development and OQ, for the development of a liquefied natural gas (LNG) liquefaction plant in the port.
Norway-based shipping company Höegh Autoliners has doubled its biofuel usage from 2022 to 2023 in response to growing demand for green transportation.
Aramo Shipping (Singapore), a group company of Japanese shipping major Mitsui O.S.K. Lines (MOL), has taken delivery of a liquefied petroleum gas (LPG) dual-fuel LPG/ammonia carrier from compatriot shipyard Namura Shipbuilding.
D’Amico Tankers, part of Italian shipping company d’Amico International Shipping (DIS), has returned to Chinese shipyard Jiangsu New Yangzi Shipbuilding with an order for two additional long-range (LR1) eco tankers.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to raise funds through a syndicated transition-linked loan using the performance-based interest subsidy system based on Japan’s Act on Strengthening Industrial Competitiveness.
German propulsion system manufacturer Schottel has been contracted to provide two RudderPropellers type SRP 360 in the LE-Drive variant for Guangzhou Port Group’s latest e-tug.
Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.
On April 25, the European Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonization.
Denmark-based shipping company MH Simonsen has placed an order for eight hybrid-electric methanol dual-fuel chemical tankers at China’s Jiangxi New Jiangzhou Shipbuilding.
UK-based midstream LNG & BioLNG company Avenir LNG has entered into a shipbuilding contract with China’s Nantong CIMC Sinopacific Offshore & Engineering (SOE) in China, a subsidiary of CIMC Enric, for two 20,000 cbm LNG bunker & supply vessels.
