Indonesia has the potential to become an international producer and bunkering hub for scalable zero-emission fuels (SZEF) such as green hydrogen and green ammonia, a new report from the P4G-Getting to Zero Coalition shows. Namely, Indonesia is estimated to have roughly 40% of the world’s reserves of
Taiwanese shipping company Wan Hai Lines has acquired four 3,000 TEU containerships from compatriot shipbuilder CSBC Corporation. The purchase was revealed in a stock exchange filing on August 12. The company said that it was paying $53～55 million for each vessel bringing the total value of the cont
Singapore-based shipyard group PaxOcean Engineering has signed a memorandum of understanding (MOU) with compatriot bunker vessel operator Hong Lam Marine and French classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design.
A.P. Moller – Maersk and the Suez Canal Authority (SCA) have signed a $500 million deal for the development of the Suez Canal Container Terminal (SCCT) in East Port Said. The investment includes a new 1,000-meter container berth adjacent to the existing 500-meter one, as well as additional cranes to
The maritime industry is forecast to spend $931 million on artificial intelligence (AI) solutions in 2022, according to a recent report published by Lloyd’s Register in cooperation with Thetius. That figure is expected to more than double in the next five years to $2.7 billion by 2027, a compound an
Dutch marine biofuels provider GoodFuels has supplied sustainable marine biofuel to NYK’s bulk carrier MV Frontier Explorer, in the first such delivery to a maritime client since the company opened its Singapore office.
Swedish Furetank AB and Canadian Algoma Central Corporation are entering into a joint venture agreement to build four dual-fuel product tankers intended to trade in Northern Europe. Each company will own 50% of the joint venture, which will be named FureBear. The vessels will be constructed at China
Brazilian oil and gas company Petrobras has awarded a contract to Keppel Shipyard for the construction of an FPSO.
The multi-fuel future in the shipping industry is here with pioneering vessels fitted with hybrid technological solutions starting to ‘strut their stuff’ across global ports. One such example is the 2022-built deep sea car carrier MV Auto Achieve, which made its debut at the Grimsby River Terminal (
Aqaba Container Terminal (ACT), Jordan’s only container port and the sustainable gateway to the Levant region and beyond, has announced the launch of its decarbonisation strategy which is set to reduce its carbon footprint to net zero by 2040.
Alfa Laval has secured a contract to provide low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The contract represents the company’s largest methanol order this year. The Alfa Laval FCM Methanol system will be installed on six 1170 TEU container vessels ordered by Eastaway
India’s first indigenously built hydrogen-fuelled electric vessel is planned to be delivered by March/April 2023, Asian News International (ANI) reported, citing Madhu S Nair, Chairman and Managing Director of Cochin Shipyard Limited (CSL).
Chinese shipbuilder Lianyungang Shenghua, a subsidiary of COSCO Shipyards Group, has won orders for five 7,380 DWT bunkering vessels from Singapore-based Singfar International. According to Clarksons Research, the order includes five optional vessels bringing a total of up to ten ships. The vessels
A group of Greenpeace activists blocked the freighter Emma Oldendorff at the German port of Brake, on Friday, August 12. The ship was carrying pipelines slated for delivery to Western Australia for use in Woodside Energy’s Scarborough offshore gas project. Around 20 activists in rubber dinghies bloc
