Classification society ClassNK has issued an Approval in Principle (AiP) for an onboard CO2 capture and storage (OCCS) system developed by China Shipbuilding Power Engineering Institute Co. (CSPI), a member of CSSC Power (Group) Co. (CPGC).
Greek shipowner TEN has signed construction contracts for two scrubber-fitted MR product tankers, the company revealed. These 50,000 dwt vessels, ordered in August from an unnamed shipbuilder, are slated for delivery in the first quarter of 2026. According to Intermodal, the vessels were ordered fro
ClassNK, a ship classification society, Consort Bunkers, bunkering ships operator, Daihatsu Diesel, alternative fuel engines developer, Daikai Engineering, machinery and marine equipment and after-sales service provider, and SeaTech Solutions International, designer of ships equipped with alternativ
South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering Co., has received clearance for key innovations that are at the heart of what is believed to be the world’s first carbon emission-free LNG carrier. Specifically, the shipyard has received approval in pr
Japanese shipping major Mitsui O.S.K. Lines (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte, have signed a Memorandum of Understanding (MoU) on a joint focus on the advancement of alternative maritime solutions and managing carbon emissions liabilities hol
In a strategic move set to bolster its maritime capabilities, Danish ship owner and operator, Uni-Tankers, has unveiled that it has added five new vessels to its fleet. The fleet expansion includes long-term deals for four newbuilding vessels and one ECO small clean chemical/product tanker built in
Classification society Lloyd’s Register (LR) and Shanghai COSCO Shipping LNG Investment, a subsidiary of China Shipping Corporation Limited, have signed an agreement to collaborate on a new project that aims to formulate and assess the decarbonization pathway for COSCO Shipping’s existing LNG carrie
Classification society Korean Register (KR) has awarded an Approval in Principle (AiP) for an LNG dual-fuel very large gas carrier (VLGC) jointly developed by KR and HD Hyundai Heavy Industries (HD HHI), a subsidiary of South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE).
Greek ship management service provider Capital Gas Ship Management has revealed more details about its latest construction deal for two 88,000 cbm very large ammonia carriers (VLAC).
Container shipping heavyweight A.P. Moller-Maersk (Maersk) has signed an agreement with energy major Equinor thus securing the supply of green methanol for its landmark, methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024. The agr
The shipping industry will find it challenging to secure enough supply of carbon-neutral fuels, according to the latest edition of DNV’s Maritime Forecast to 2050, as it faces tough competition from other sectors. The report emphasizes the need to consider all alternative approaches to reducing emis
Agricultural company Louis Dreyfus Company, French containment specialist GTT and the European Commission have invested in bound4blue’s Series A funding round, becoming shareholders of the company.
Harriet Shing, Minister for Regional Development, Victoria, Australia, has announced a new feasibility study that could see Portland become home to one of Australia’s first green shipping fuel production hubs, with $500,000 invested through the Labor Government’s Portland Diversification Fund. The s
The Global Centre for Maritime Decarbonisation (GCMD) and the Society for Gas as a Marine Fuel (SGMF) have signed a 2-year Coalition Partnership agreement during Gastech 2023. Under the agreement, GCMD and SGMF plan to collaborate on reshaping standards by developing guidelines on the use of ammonia
