South Korean shipbuilding group Korea Shipbuilding & Offshore Engineering (KSOE) has won an order for an LNG carrier. The order has been secured by KSOE’s subsidiary Hyundai Samho Heavy Industries, the shipbuilder said in a filing with Korea Exchange. The contract, signed with an unidentified shipow
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has completed a verification test of its carbon capture and storage technology on board an LNG carrier. The onboard carbon capture and storage (OCCS) has been jointly developed with Hi Air Korea, a producer of equipment for hea
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE), a unit of Hyundai Heavy Industries (HHI) Group, is launching a demonstration project to apply fuel cells, which are seen as a next-generation energy source, to large vessels. On 11 October, KSOE signed a consortium agreement
Tank storage company Vopak is carrying out preparations at the Vlissingen terminal, located at the North Sea Port, the Netherlands, for the storage of green ammonia as a response to the growing demand for sustainable raw materials and energy. The plan includes preparing two existing refrigerated liq
Stolt-Nielsen subsidiary Stolt Tankers has completed an in-transit hull cleaning trial using Shipshave’s ITCH on board the Stolt Acer as the vessel sailed from Port Said, Egypt to Algeciras, Spain. The In-Transit Cleaning of Hulls (ITCH) allows the crew to clean the hull while a ship is sailing, ins
Classification society ABS has awarded approval in principle (AIP) to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for its hybrid power system, a configuration previously limited to smaller vessels in the maritime marketplace, to aid large liquified natural gas (LNG) carr
The UK-based Net Zero Technology Centre has revealed the 20 winners of its 2022 Open Innovation Programme. The center was created as part of the Aberdeen City Region Deal, with £180 million of UK and Scottish government funding to maximise the potential of the North Sea. Since its inception in 2017,
The impact of environmental regulations on an older fleet could see shortage of available tonnage, Maritime Strategies International said.
Owners of vessels burning methane-based fuels such as LNG are not likely to pursue investments in methane emission reduction technologies without strong incentives or regulatory requirements, a study from Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) says. The study provides an ov
Hy24, the joint venture between FiveT Hydrogen and Ardian, has announced the closing of its first hydrogen impact fund – Clean H2 Infra Fund – at €2 billion of allocations, exceeding its initial ambitions. Launched a year ago, the fund is said to be the world’s first and largest infrastructure fund
Danish ferry operator Scandlines has completed a more than EUR 13 million investment project in upgrading the Fehmarn ferries and at the same time significantly reduced its environmental impact.
French LNG containment specialist GTT has signed technical assistance and license agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI). The agreement will enable the shipbuilder to construct vessels using GTT’s membrane techn
The world’s first coal carrier equipped with Wind Challenger was delivered and started operation on 7 October 2022, MOL said.
Veer Corporation, registered in the Bahamas, has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its project aimed at building the world’s first fleet of 100% clean, ocean-going container vessels. “Receiving this AIP from a recognized organization such as ABS sets
