South Korean shipping major HMM is preparing an order for new containerships powered by alternative fuels as part of its future growth strategy. The strategy was announced in July this year with HMM assigning $11.3 billion for future investments, including expansion of its eco-friendly ships from th
Car carrier newbuild ordering has increased significantly in 2021 and 2022 on record markets and the resumption of owners’ fleet renewal programmes, including efforts to support manufacturers to become ‘green through the supply chain’. The market recovery is primarily driven by post-covid car trade
The Port of Narvik and Norwegian company Plug Nord have been awarded NOK 10.7 million (€1.02 million) in funding from Enova to build shore power for cruise ships.
Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and
Belgian terminal operator PSA Antwerp has signed agreements with two contractors to execute large-scale works to refurbish its Europa Terminal on the river Scheldt.
Ørsted-led Power-to-X project Green Fuels for Denmark has been awarded DKK 600 million (around $86 million) by the Danish Business Authority as part of Denmark’s participation in the Important Project of Common European Interest (IPCEI) programme. The project, which is being developed by Ørsted in p
American Bureau of Shipping has released a set of requirements to guide the industry in the application of carbon capture technology at sea. The rules have been developed working with shipyards, ship owners, and operators, and they focus on wet scrubbing post-combustion technologies. “Carbon capture
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has delivered the second of three liquefied natural gas (LNG) carriers to compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC).
French shipping major CMA CGM Group and Shanghai International Port (Group) Co. have inked a long-term strategic collaboration to develop the mass-scale use of cold ironing technology.
A floating storage and regasification unit (FSRU) has arrived in Wilhelmshaven, marking an ‘important milestone’ shortly before the opening of Germany’s first LNG terminal. On 15 December, German energy company Uniper confirmed the arrival of the Höegh Esperanza, the designated FSRU for the Wilhelms
Seasurfer, an LPG carrier managed by Athens-based Thenamaris LNG, has arrived at the Port of Ulsan, South Korea with the shipment of what has been described as the ‘world’s first certified blue ammonia cargo’. The midsize gas carrier, built by Hyundai Mipo in 2017, loaded the cargo at King Fahad Ind
German shipbuilder Meyer Werft has handed over the LNG-fuelled cruise ship Arvia to the British shipping company P&O Cruises. Arvia is a sister ship of the Iona, built-in 2020. Both vessels have been described as ‘future proof’ as they will be able to run on carbon-neutral liquefied natural gas (eLN
Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight
Singapore-based maritime tech solutions provider Ascenz has been selected by a major European ferry owner to equip two vessels with its Smart Bunkering solution.
