UAE-based port operator AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a major
Port of Rotterdam, together with Rotterdam Port Promotion Council (RPPC), has signed an agreement with Navingo BV on taking part in Offshore Energy Exhibition & Conference 2023 (OEEC 2023) this November in Amsterdam. With OEEC’s aim being connecting the entire offshore energy sector through the work
Utilizing nuclear power could become a catalyst for the growth of alternative fuel infrastructure projects and the ship orders to go with it, according to Principal of Sea/Switch Partners and Partner in the ETFMG Breakwave Sea Decarbonization Tech ETF, BSEA, Hal Malone. As explained, shipping decarb
London-based energy player INEOS Energy Trading has signed agreements with Japanese shipping major Mitsui O.S.K. Lines (MOL) for two newbuild LNG carriers, to be used for the import of LNG into Germany from the United States. These agreements follow INEOS Energy Trading’s long-term Sales and Purchas
This week marks a significant milestone for Maersk as its first methanol-powered container vessel undergoes crucial sea trials. The rigorous testing phase will be taking place off the picturesque Korean coast, near Ulsan. The 2,100 TEU container vessel is being built by South Korea’s Hyundai Mipo Do
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has held a naming ceremony for two ammonia-ready 210,000 dwt bulkers built for Belgian shipowner Compagnie Maritime Belge (CMB).
Swedish ferry operator Stena Line has hired technology group Wärtsilä to convert some of its vessels to operate with methanol fuel. The conversions will include the fuel supply system and engine modifications, as well as integrating the new installations with the ships’ existing systems. The contrac
Italian maritime transportation group Fratelli Cosulich has celebrated the christening and launch of its second small-scale LNG bunkering vessel. The vessel named Paolina Cosulich was christened and launched on 26 June at CIMC SOE shipyard in China. This 5,300 dwt vessel, which can carry 8,200 m3 of
Nordic energy company Gasum has carried out the first liquefied natural gas (LNG) bunkering operation in the port of Reykjavik, Iceland.
Norwegian automation specialist Høglund Marine Solutions and DNV’s industry cloud platform, Veracity have entered into a partnership agreement to make emissions reporting more efficient.
TotalEnergies Marine Fuels and Green Marine Bunkering have entered a memorandum of understanding (MOU) on a joint development study on methanol as a new marine fuel in Singapore. Under the partnership, TotalEnergies Marine Fuels and Green Marine Bunkering will study the feasibility to implement a vi
A joint study into ammonia safety onboard ships undertaken by the Lloyd’s Register (LR) Maritime Decarbonisation Hub and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), has found that a range of mitigation methods, from ship design to crew training and operations, are required
In its new report “Electric Boats & Ships 2024-2044,” technology company IDTechEx has provided granular 20-year forecasts in unit sales, battery demand and battery market value for the electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and elect
Japanese company Eco Marine Power has unveiled a new sail device that can be used as a modification for rigid sails or used as a stand-alone energy-saving device.
