Countries should work harder to develop interconnections for renewable energy, allowing multiple nations to share larger production capacity and build stronger markets, according to a new report from a new group aiming to reshape major charter markets and accelerate the development of green fuels an
Mitsui & Co., Ltd., Mitsui & Co. Energy Trading Singapore Pte. Ltd. (METS), Maersk Oil Trading, a part of A.P Moller – Maersk, and American Bureau of Shipping (ABS) have agreed to jointly conduct a detailed feasibility study of methanol bunkering logistics in Singapore. The participants intend to in
German liner shipping company Hapag-Lloyd has signed a binding agreement with Chilean operator of port, towage and logistics services Sociedad Matriz SAAM for the acquisition of 100% of shares of SAAM Ports and SAAM Logistics as well as real estate assets related to the logistics business. The trans
The COVID-19 pandemic has created historic supply chain disruptions resulting in bottlenecks and an unprecedented number of ships waiting along the coasts across the globe. The unusual increase in the number of oceangoing vessels staying at anchor off the coast of the San Pedro Bay port complex last
TotalEnergies Marine Fuels has marked a milestone in its liquefied natural gas (LNG) bunkering supply network with a naming ceremony of the Brassavola LNG bunker vessel in Singapore. The ceremony was held at Sembcorp Marine’s Tuas Boulevard Yard, marking a step closer to commencing TotalEnergies’ LN
Japanese shipping major Mitsui O.S.K. Lines (MOL) has become a member of the Blue Visby Consortium which aims to reduce greenhouse gas (GHG) emissions from vessels by developing a digital technology-based platform.
German engine manufacturer MAN Energy Solutions has signed a memorandum of understanding with American cruise company Norwegian Cruise Line Holdings (NCLH) for the retrofit of the four-stroke MAN 48/60 engine to dual-fuel operation.
Sharing space on vessels contributes to the reduction of transport emissions, increases competitiveness, and improves efficiency to cut costs, top shipping industry bodies told the European Commission, asking for the renewal of the Consortia Block Exemption Regulation (CBER). The regulation, which e
American oil and gas corporation ExxonMobil has completed a commercial bio-based marine fuel oil bunkering in the port of Singapore.
Top Chinese yard group COSCO Shipping Heavy Industry Co (CHI) is now able to offer wind propulsion options after signing a landmark agreement with Anemoi Marine Technologies, a UK provider of rotor sails to the shipping industry. CHI has nine yards capable of up to 7.5m dwt annual production across
India’s largest commercial shipbuilder Cochin Shipyard Limited (CSL) Kochi is forging ahead with ambitious plans that will see construction of vessels powered by alternative energy sources. The shipyard is working on multiple projects at the moment that will see inland, coastal and short-sea vessels
The agreement on CO2 transport and storage signed in September 2022 between Denmark, Belgium and the region of Flanders has the potential to create a European internal market for maritime transport of CO2, according to Danish Shipping.
The Netherlands-based terminal operator APM Terminals and Jordan-backed Aqaba Development Cooperation (ADC) have signed a memorandum of understanding for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT), paving the way for making the facility zero emission.
Navigator Holdings Ltd., owner and operator of handysize liquefied gas carriers, has entered into a joint venture agreement with Hong Kong-based Greater Bay Gas. The joint venture, owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire a total of five ethylene vessels over the next fi
