Following in the pioneering footsteps of Maersk, Chinese shipping heavyweight COSCO Line is embarking on a journey to retrofit some of its containerships for methanol propulsion. Namely, COSCO Line has partnered with compatriot China’s COSCO Heavy Industry Shanghai, a COSCO Group shipyard, to retrof
Danish shipping giant Maersk has selected Alfa Laval’s fuel supply system FCM Methanol for its pioneering methanol retrofit project.
Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum of understanding (MoU) to jointly develop green solutions, such as using alternative fuels, to decarbonize global supply chains. PIL and DP World signed the agreement at the
The UK-based classification society Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Taiwanese shipbuilder CSBC for its 2,500 TEU feeder design with methanol propulsion, as part of a joint development project.
Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. The financing round was announced during COP28 in Dubai where Blue
Japan’s Tsuneishi Shipbuilding Co. has ordered three ME-LGIM main engines from MAN Energy Solutions to power methanol-powered bulkers being built for Danish shipping company J. Lauritzen. The three 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid Gas Injection Methanol) main engines will feature MAN Energy Sol
Classification society ClassNK has issued Approvals in Principle (AiPs) for three vehicle carrier designs developed by Shanghai Merchant Ship Design & Research Institute (SDARI), which will be powered by green fuels.
Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo
Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin
Finnish technology group Wärtsilä has revealed it will add four new methanol engines to its portfolio, including Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS engines which will be capable of operating on methanol fuel.
Norwegian equipment provider Kongsberg Maritime has won a contract to supply design, engineering, and equipment for two MGO/biofuel and methanol-ready chemical tankers for Swedish tanker operator Sirius Rederi AB.
A methanol-ready ship concept developed in Oldenburg, Germany, has received Approval in Principle (AIP) from the international classification society DNV. The project is supported by the companies claus rodenberg waldkontor, Fehn Ship Management, Reederei Rörd Braren, and HB Hunte Engineering, which
Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculat
The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co
