Liquified bio-methane (bio-LNG) can make a major contribution to maritime decarbonisation, a new study commissioned by SEA-LNG has found.
Qatar’s state-owned oil and gas company QatarEnergy has set its sights on becoming the largest liquefied natural gas (LNG) traders in the world within five to ten years. Minister of State for Energy Affairs, the president and CEO of QatarEnergy Saad bin Sherida Al Kaabi underlined this in his speech
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a charter contract with Sakhalin Energy LLC, a new operator of Russian liquefied natural gas (LNG) plant Sakhalin II, for the LNG carrier Grand Mereya. The contract for the LNG carrier was signed through a subsidiary company 60% owned by
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has won orders for a total of 6 LNG carriers worth over $1.29 billion. Four LNG carrier newbuilds were ascribed to European shipowners. The contract is worth KRW 1.2 trillion (approximately $880 million) and the vessels are s
Sweden’s ferry company Gotland Company (Gotlandsbolaget) has unveiled the concept of Gotland Hydrocat, the world’s first large-scale, high-speed catamaran vessel powered by fossil-free hydrogen.
Danish shipping giant A.P. Moller – Maersk has ordered an additional six large ocean-going vessels that can sail on green methanol. The six vessels will be built by South Korean shipbuilder Hyundai Heavy Industries (HHI) and have a nominal capacity of approx. 17,000 TEU. They come with dual-fuel eng
Australian manufacturer of high-speed catamaran ferries Incat Tasmania has teamed up with propulsion expert ABB on exploring the construction of an electric ferry with hybrid-electric propulsion which could transition to battery power as shore charging becomes available. The two companies have signe
REGENT, a Massachusetts-based developing all-electric seaglider, has signed an agreement with Germany’s ferry operator FRS to add REGENT seagliders to the latter’s fleet.
The Finnish technology group Wärtsilä has partnered up Capital Gas Ship Management Corp. to develop a new Fleet Decarbonisation Programme aimed at boosting the efficiency of the company’s LNG carrier fleet. The agreement was signed in June 2022 and will be applied to a fleet of six 174,000 cbm LNG c
US-based liquefied natural gas (LNG) company Excelerate Energy has signed a binding shipbuilding contract with South Korean shipyard Hyundai Heavy Industries (HHI) for a new floating regasification and storage unit (FSRU). The agreement was signed to finalise the deal revealed in August this year du
The Global Centre for Maritime Decarbonisation (GCMD), Oil and Gas Climate Initiative (OGCI), Stena Bulk, and Alfa Laval have launched a joint project to investigate the on-board capture, storage and off-loading of carbon dioxide (CO2). During a two-year-long project, divided into three stages, a se
Classification society ABS has granted approval in principle (AIP) to South Korean shipbuilder Hyundai Heavy Industries Group (HHI Group) for the development of autonomous technology at sea.
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) is practically counting the days until the delivery of its Wind Challenger project. Under the project, a hard sail system, known as the Wind Challenger, was installed on board a bulk carrier at compatriot Oshima Shipbuilding. The system is curr
Singapore-based port operator PSA Corporation has joined The Silk Alliance, a cross supply-chain maritime partnership dedicated to the development of a fleet-specific fuel transition strategy for containerships operating in Singapore and the wider Asia region.
