Japan’s Yanmar Power Technology (YPT), a subsidiary of Yanmar Holdings, has commercialized a maritime hydrogen fuel cell system towards the decarbonization of the maritime industry. The company said it plans to propose the installation of the system into various ships, including passenger ships, wor
ITOCHU Corporation, Nippon Steel Corporation, Taiheiyo Cement Corporation, Mitsubishi Heavy Industries (MHI), ITOCHU Oil Exploration Co., INPEX Corporation, and Taisei Corporation have joined forces to conduct a feasibility study on Japanese Advanced CCS Project.
The wind-assisted propulsion sector has experienced remarkable growth and continued momentum during the first half of 2023, with significant advancements reshaping the maritime industry. During this period the sector has seen five new installations, the delivery of six wind-ready vessels, and boasts
As the situation surrounding the fire-stricken car carrier Fremantle Highway continues to be closely monitored, the fire on board seems to have subsided. There are no indications that the fire is still burning, according to the latest update from Rijkswaterstaat, a government agency overseeing water
The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc
Technology companies Technip Energies and Enerkem have signed a Memorandum of Understanding (MoU) to enter into a collaboration agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials. Specificall
Hengli Engine (Dalian) Co., Ltd., a subsidiary of Hengli Heavy Industry, has entered into a patent licensing agreement with marine engine powerhouse MAN Energy Solutions. The signing ceremony, attended by prominent figures from both companies, was held on July 31, marking the official initiation of
Danish shipping company Norden has acquired a minority stake in MASH Makes, a Danish-Indian biofuel scale-up which researches, develops and produces renewable fuels from biomass waste. Norden sees the investment as a strategic partnership that will help secure access to renewable fuels, specifically
Sea Traders, owned by major Greek shipping magnate George Procopiou, has returned to China for additional bulkers. This time around the company signed an order with CSSC Huangpu Wenchong Shipbuilding Co., a subsidiary of the China State Shipbuilding Corporation (CSSC), for the construction of eight
Bermuda-based bulk carrier company Himalaya Shipping has commenced LNG bunkering of two of its newbuild ships, Mount Norefjell and Mount Matterhorn. The company announced on 2 August that the two ships were bunkered with LNG in Singapore over the last days. Mount Norefjell and Mount Matterhorn, whic
Norwegian ship owning company Ocean Yield revealed it will purchase four LR1 product tankers, to be constructed at Guangzhou Shipyard International (GSI) in China. The design of the vessels will enable the ships to be converted to dual-fuel operation with methanol as fuel. The tankers are scheduled
The CBH Group has joined a consortium of companies participating in the Blue Visby project, which supports research into practical solutions that help reduce the international shipping industry’s greenhouse gas emissions.
As per the China Classification Society (CCS), a new generation of 130m Chuanjiang standard bulk carrier, Chang Hang Huo Yun 002, which is a green and intelligent ship solely fueled with LNG, has been launched. The ship, with a deadweight of 9800 tons, is under construction by Zhijiang Shengmao Ship
Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (PCTC) ship design contracts in recent months featuring alternative fuels. Notably, China’s largest electric car manufacturer, BYD Auto, has commissioned four 9,200 CEU PCTCs from China Merchants Indus
