Drydocks World-Dubai, the largest shipyard facility in the Middle East, has signed a strategic agreement with maritime technology company Silverstream Technologies to promote the use of air lubrication technology for the vessels that enter the shipyard each year. The DP World subsidiary is the large
Mitsui O.S.K. Lines revealed today that it will build a second bulk carrier equipped with the Wind Challenger hard sail system, which harnesses the power of wind to propel the vessel. Namely, MOL Group company MOL Drybulk, which will operate the 62,900 dwt vessel, has signed a construction contract
MISC Berhad, NYK, K Line and CLNG have been awarded long-term time charter contracts by QatarEnergy for seven newbuild liquefied natural gas (LNG) carriers.
BHP has partnered with Pan Pacific Copper (PPC) and Norsepower to look into the installation of a wind-assisted propulsion system onboard a combination carrier operating between Chile and Japan. At the moment, technical assessments are being carried out for the retrofit on-board the 53,762 DWT M/V K
Danish technology company ZeroNorth has signed a deal with Singapore-based global common carrier X-Press Feeders to deploy the ZeroNorth platform across the carrier’s entire fleet of feeder vessels.
The U.S. ports are set to benefit from a $3 billion worth of funding round intended for electrification and emission reduction. The funding has been included in the long-awaited Inflation Reduction Act that was adopted in the U.S. Senate on August 7. The House is expected to return from recess to pa
Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c
Dutch shipping company ÈTA Shipping and Lithuania-based marine engineering specialist Western Baltic Engineering have started their joint engineering of ÈTA Shipping’s launching project ÈTA 6700.
EuroDry, a spin-off from Euroseas focusing on dry bulk shipping, is set to complete the installation of ballast water treatment plants on board nine bulkers by the end of this month. “Eight of our vessels (89%) have ballast water treatment plants (BWTP) installed on-board. We expect the installation
A financial consortium has opened preliminary talks with Turkish officials for the establishment of foreign direct investment (FDI) in hydrogen fuel cell technology and projects supporting the implementation of hydrogen fuel cells, powering commercial shipping and other strategic uses.
Japanese shipping major NYK is pushing forward with plans to convert its LNG-fueled tugboat Sakigake to operate on ammonia fuel. The tugboat, operated in Tokyo Bay by NYK Group company Shin-Nippon Kaiyosha Corporation, is scheduled to be converted by 2024. The fuel modification contract has been sig
Glasgow-based electricity company ScottishPower has teamed up with Hutchison Ports to explore the development and construction of a multi-hundred MW green hydrogen production facility at Port of Felixstowe, Britain’s top container port. The duo is planning to use green hydrogen for onshore purposes,
Boston-based provider of ballast water treatment solutions Ecochlor has entered into a collaborative agreement with air lubrication developer Armada Technologies. Under the deal, Ecochlor will provide Armada with technical assistance and global sales and marketing support. The Armada hull air lubric
As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to
