The European Commission has launched the Hydrogen Mechanism under the European Union (EU) Energy and Raw Materials Platform, aimed at supporting the market development of renewable and low-carbon hydrogen and its derivatives, including ammonia, methanol, and electro-based sustainable aviation fuel (
NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.
An energy subsea construction vessel (ESCV) being built in Vietnam for Norwegian shipping company Rem Offshore has hit the water one month ahead of schedule. Once delivered next year, the vessel will perform heavy construction work in offshore wind and subsea arenas with net-zero emissions. Followin
While the overall newbuild market is experiencing a slower growth rate, the alternative fuels orderbook saw a total of 151 vessel orders in the first half of 2025, with LNG dominating as the “clear fuel of choice” and accounting for more than half of the orderbook, according to data from classificat
Singapore-based shipping company AAL Shipping has taken delivery of AAL Dammam, its sixth methanol-ready dual-fuel Super B-class multipurpose heavy lift vessel. The naming and delivery ceremony for the 32,000 dwt newbuilding was held at the CSSC Huangpu Wenchong Shipyard in China on June 27, 2025. A
Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI), have secured approval in principle (AiP) for their jointly developed liquefied CO2 (LCO2)/methanol carrier.
Stena Futura, the first methanol-ready NewMax hybrid ship built for Swedish ferry company Stena Line, has completed its sea trials in China.
Switzerland-based marine power company WinGD has been tapped to supply its X-DF-M dual-fuel methanol and methanol-ready X-engine designs for over 30 boxships to be constructed for a Taiwanese container shipping player. As disclosed, the methanol-ready X-92 engines are to be fitted onto vessels with
Japanese conglomerate Marubeni Corporation has concluded a new strategic partnership agreement with Sinopec Fuel Oil Sales, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), under which the parties will further develop their collaboration, both in conventional marine fuels and by exp
Pacific Basin has signed a memorandum of understanding (MoU) with Towngas to enhance its access to volumes of green methanol marine fuel.
Fluxys Chile and ENAP have signed a memorandum of understanding (MoU) to deepen their strategic cooperation and jointly explore infrastructure opportunities for hydrogen and derivatives in Chile’s southernmost region, Magallanes.
Swiss engine maker WinGD, in collaboration with COSCO Shipping Heavy Industry (Yangzhou) shipyard and CMD, has completed sea trials for its methanol dual-fuel engine.
Fratelli Cosulich Marine Energy and IINO Kaiun Kaisha (IINO Lines) have signed a memorandum of understanding (MoU) to explore new business opportunities in the alternative marine fuels sector.
Van Oord christened the latest addition to its fleet, Boreas, on June 18 in Rotterdam. The company says its new jack-up, set to soon debut on the German Nordseecluster project, is the largest and most sustainable offshore wind installation vessel in the world. The Dutch marine contractor ordered the
