Despite pushing forward new initiatives by the shipping sector to achieve zero emissions, 27% to 30% of vessels newly built between 2022 and 2050 will still require conversion to a different fuel in order to meet zero targets, a new whitepaper published by classification society Lloyd’s Register sho
South Korean shipbuilding major Samsung Heavy Industries (SHI) has developed a liquid hydrogen fuel cell system for ship propulsion and received approval in principle (AiP) from the classification society DNV. As explained, the system uses the electric power generated by liquid hydrogen and polymer
HUB Ocean, a Norway-based center dedicated to sharing ocean data, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Knowledge Partnership Agreement. HUB Ocean is an independent, non-profit tech foundation that invests considerable resources into unlocking ocean data. Its flags
German propulsion system manufacturer Schottel has revealed that installing its two EcoPellers onboard a RoPax ferry resulted in a 25 per cent reduction in energy consumption.
Brooklyn-based technology startup Amogy has signed a collaboration agreement with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of global ammonia producer, Yara International ASA. Under the memorandum of understanding (MOU), Yara will consider Amogy’s ammonia-to-power system as a ze
State-owned oil and gas company QatarEnergy has signed another long-term charter contract with a subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL) for three newbuild liquefied natural gas (LNG) carriers. The contract includes three LNG carriers to be built at Hudong-Zhonghua Shipbuil
Chevron Corporation, through its Chevron New Energies International Pte subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) have inked a Joint Study Agreement to explore the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia.
Swedish companies Stena Oil, Stena Teknik and OljOla have entered into a joint venture agreement to build a bunker supply vessel designed to carry chemicals as per IMO Type II, including methanol and various bio-fuels. “It is our greatest pleasure to inform that through the close cooperation between
Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, has teamed up with compatriot Peak Group AS to establish a joint venture named Skarv Shipping Solutions. The JV founders said that the company aims to help ship and cargo owners reduce their emissions of greenhouse gases and reac
Norway-based company Halten Bulk AS has received NOK 142 million ($13.8 million) for the construction of two hydrogen-powered ships from Enova, a state enterprise owned by the Ministry of Climate and Environment that promotes renewable energy use.
BP is joining this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam as the sponsor of The Stage and one of its participants. In three weeks, this open stage on the exhibition floor will put a spotlight on a variety of aspects from the offshore energy sector, from market insights to
China Merchants Jinling Shipyard in Yangzhou has cut steel for Erik Thun’s Vinga series dual-fuel product tanker ordered in March this year. The 17,999 dwt vessel is a sister to Thun Venern, and it is the latest contribution to the “Vinga-series” of nine previous sister vessels, all trading within t
The Dutch companies Attero, Nordsol and Titan have reached the final investment decision (FID) for their bio-LNG project, FirstBio2Shipping, which now enters the construction phase. The three partners announced the FID on 9 November after meeting at the site for the proposed plant, located at the fa
Classification society ABS has granted approval-in-principle (AiP) for a next-generation concept of a regasification system (Hi-ReGAS+) from South Korean Hyundai Heavy Industries Group (HHI).
