Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederia, for its ammonia-powered short-sea bulk vessel. Vi
Arab Maritime Petroleum Transport Company (AMPTC) has placed an order for the construction of two very large gas carriers at South Korean Hyundai Heavy Industries (HHI). The two VLGCs are slated for delivery by the end of August 2026, HHI’s parent, Korea Shipbuilding & Marine Engineering (KSOE) said
The Inter-American Development Bank (IDB) and the Caribbean Shipping Association (CSA) have signed a memorandum of Understanding (MoU) to help decarbonize the shipping industry.
Classification society Bureau Veritas (BV) has revealed it will class two hybrid ferries, which will be equipped with battery and solar power technology for operation in Hong Kong.
Taiwanese shipping company Wisdom Marine Lines has returned to Namura Shipbuilding for two 40,000 dwt bulk carriers. The company revealed that it would be paying around $33 million per unit at the Japanese yard, bringing the total cost of the order to around $66 million. The duo is slated for delive
SH Diana, a hybrid diesel-electric expedition ship being built for the British cruise line Swan Hellenic, has completed its sea trials. The ship’s builder, Finnish Helsinki Shipyard, confirmed in its social media update that the SH Diana returned from a “successful shakedown cruise” on Sunday evenin
Classification society American Bureau of Shipping (ABS) has launched a joint development project (JDP) involving all the leading Korean shipyards and classification group Korean Register (KR) to address a growing need in the calculation of greenhouse gas (GHG) Scope 3 emissions.
German battery technology company Freudenberg e-Power Systems, shipbuilder Meyer Werft and cruise line Royal Caribbean Group have joined forces to develop a completely new fuel cell system tailored to the maritime sector.
South Korea’s shipbuilding major Korea Shipbuilding & Offshore Engineering, a subsidiary of HD Hyundai, has signed an agreement with Avikus, a compatriot startup specializing in autonomous navigation solutions, to conduct a fuel-saving verification project using autonomous navigation systems. The pr
300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s
Governments must use the upcoming meeting of the Intersessional Working Group on Greenhouse Gases (ISWG-GHG-14) to support stronger science-based climate targets for 2030 and 2040 that are vital for shipping’s energy transition, according to Clean Shipping Coalition (CSC).
As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On
China’s Wuhu Shipyard has launched construction on SAL Heavy Lift’s first two carbon-neutral heavy lift ships, the shipbuilder revealed. The two 14,600 dwt vessels form part of a fleet of a total of six Orca-class vessels which will be equipped with dual-fuel engines able to run on methanol. SAL Hea
