The US-based ammonia power solutions company Amogy has completed its technology verification phase with the UK’s classification society Lloyd’s Register.
China’s Jiangnan Shipyard unveiled what has been described as ‘the world’s largest nuclear-powered container ship design’ during the Marintec China 2023 exhibition in Shanghai, boasting a capacity of 24,000 TEUs. The design uses Molten Salt Reactors, operating under high temperature and low-pressure
The UK-based classification society Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Taiwanese shipbuilder CSBC for its 2,500 TEU feeder design with methanol propulsion, as part of a joint development project.
Harbour Energy, bp, and Associated British Ports (ABP) have entered into an exclusive commercial agreement with Cory Group for the transportation and storage of carbon dioxide (CO2) by ship. The collaboration centers around Viking CCS, the Humber-based CO2 transportation and storage network spearhea
Naval architecture and marine engineering company Glosten and technology company Siemens Energy have selected clean energy solutions provider Ballard Power Systems and engineering company Chart Industries as primary equipment vendors for their design of what is slated to be the first hydrogen-hybrid
Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. The financing round was announced during COP28 in Dubai where Blue
Japan’s Tsuneishi Shipbuilding Co. has ordered three ME-LGIM main engines from MAN Energy Solutions to power methanol-powered bulkers being built for Danish shipping company J. Lauritzen. The three 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid Gas Injection Methanol) main engines will feature MAN Energy Sol
Singapore-based digital technology company MariApps Marine Solutions has signed an agreement that will enhance the digitalization of Kuwait Oil Tankers’ Company (KOTC) fleet operations.
Classification society ClassNK has issued Approvals in Principle (AiPs) for three vehicle carrier designs developed by Shanghai Merchant Ship Design & Research Institute (SDARI), which will be powered by green fuels.
Pakistan has ratified the International Maritime Organization’s (IMO) treaty for safe and environmentally sound ship recycling, the Hong Kong Convention.
Japanese shipping company NYK has entered into a time charter contract with compatriot Mitsui & Co., Ltd. for the transportation of ammonia. NYK revealed that the deal was signed in October and that it would use its Panama-flagged LPG carrier, the Berlian Ekuator, as the key vessel for the shipments
Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo
Nestlé, the world’s largest food and beverage company, has decided to cut its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution, which includes transporting goods on certified green fuels.
Maybank Singapore has extended a $100 million sustainability-linked Islamic revolving credit facility (RCF-i) to AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad.
