China-headquartered shipbuilder Wuhu Shipyard has been awarded approvals in principle (AiP) from two classification societies, Norway’s DNV and the American Bureau of Shipping (ABS), for its eco-friendly 18,600 dwt chemical tanker. As disclosed, the tanker, which was independently developed by Wuhu
Chinese dry bulk vessel owner Fujian Guohang Ocean Shipping Group has exercised order options for two 89,000 dwt methanol dual-fuel bulk carriers at compatriot Wuhu Shipyard.
Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), has commenced the construction of the first 38,000 dwt stainless steel tanker for Norwegian ship operator Stolt Tankers.
The Maritime and Port Authority of Singapore (MPA) and Firmus Technologies, a Singapore-based technology company specializing in energy-efficient, AI-optimized infrastructure, have signed a memorandum of understanding (MoU) to collaborate on the study of sustainable, modular AI factories utilizing s
Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB).
Prometheus Fuels (Prometheus), a US-based producer of low-cost, carbon-neutral fuels backed by Denmark’s shipping giant A.P. Moller – Maersk, has reached commercial readiness for its proprietary e-fuels manufacturing system. As disclosed, the company’s Titan Forge Alpha prototype has ‘successfully’
Japan’s ‘largest cruise ship ever’, the liquefied natural gas (LNG)-powered ASUKA III, has officially been named at its home port of Yokohama. According to NYK Cruises, the owner and operator of the newly built vessel, the 52,265 GT Asuka III, considered to be the first passenger ship built under th
Shipping is struggling to implement its decarbonization transition, with sustainable fuels being much more expensive and much less available than their fossil counterparts.
U.S.-based ammonia-to-power solutions provider Amogy has secured an additional $23 million in venture financing to advance development of its maritime products and support expansion into Asian markets.
The US Port of Long Beach (POLB) has managed to significantly drive down emissions from port-related sources since launching its sustainability programs two decades ago.
The ship recycling industry in Türkiye has seen a wave of developments in recent months, drawing renewed scrutiny over safety practices, transparency, and environmental oversight, the Belgium-based NGO Shipbreaking Platform has shared. According to the organization, the spotlight is once again on Al
The Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry, has received NGO Consultative Status at the International Maritime Organization (IMO) and a formal invitation to regularly participate in the Gene
Europe’s ports are not doing enough to tackle toxic air pollution, a new study looking at major European ports shows.
In a move that underscores growing collaboration in the race to decarbonize shipping, Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub) has become the latest Knowledge Partner of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS). The goal of the partnership is described a
