Japanese shipowner Nissen Kaiun has placed a new order for eight tankers, each with a capacity of 50,000 deadweight tons (dwt), according to a recent report from Intermodal. The vessels will be fully compliant with Tier III and EEDI Phase 3 regulations, which sets strict limits on carbon emissions a
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and fuel consumption has got underway.
Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte
German e-fuels supplier INERATEC has signed a memorandum of understanding (MoU) with Zenith Energy Terminals to build a power-to-liquid (PtL) plant in the port of Amsterdam. As disclosed, the planned facility will produce up to 35,000 tonnes of e-fuels per year from locally generated and imported gr
The ports of Rotterdam and Mannheim have signed a Memorandum of Understanding (MoU) to work on the sustainability of the logistics chain and speed up decarbonisation efforts.
Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. FuelEU Maritime takes a
SAIC Anji, a wholly-owned subsidiary of China’s SAIC Motor specializing in automotive logistics business, has placed an order for four methanol-ready car carriers.
Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a record performance of container shipping majors, impacted by
CEVA Logistics has signed a new 10-year lease agreement with its parent company CMA CGM to operate four Eastern Pacific Shipping’s (EPS) LNG dual-fuel hybrid deep-sea vessels.
Italian maritime transportation group Fratelli Cosulich, in partnership with IPLOM (Piedmont Industry Processing Mineral Oils), has begun producing and supplying its own bio VLSFO to reduce the GHG intensity of marine fuels and meet the EU requirements. Fratelli delivered bio VLSFO in collaboration
Silversea Cruises, part of Royal Caribbean Group, has marked the float out of the new ship Silver Nova, which will run on liquefied natural gas (LNG).
French fuel supplier TotalEnergies Marine Fuels has completed its first biofuel bunkering trials in France together with compatriot ferry operator Corsica Ferries.
Finnish technology company Wärtsilä and DNV’s industry cloud platform Veracity have entered into a partnership with Anglo-Eastern to work on vessel compliance reporting.
