Outlook & Strategy
IWSA: More wind-powered ships than large cargo vessels running on low and zero-carbon fuels
The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig
Blue Mediterranean Partnership gains momentum with €1 billion investment pledge at COP28
The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa
Methanol-ready ECOaster vessel design wins DNV’s green light
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
New joint study looking into Oman-Netherlands liquid hydrogen corridor
The Government of Oman and Hydrom have signed an agreement with Port of Amsterdam, Zenith Energy Terminals, and GasLog to jointly study the development of a liquid hydrogen supply chain that will deliver Omani green hydrogen to the Amsterdam port and onwards to Europe. The agreement was signed at th
Cepsa and Maersk-backed C2X to develop largest green methanol plant in Europe
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
Lhyfe’s new project in Lubmin to support future European hydrogen backbone
French hydrogen producer Lhyfe has unveiled plans for a new 800 MW project in Lubmin, Germany, to supply the future European hydrogen backbone network. Lhyfe revealed that the company plans to produce up to 330 tons of green hydrogen per day in the Lubmin plant, which is said to be one the largest p
Global OTEC partners up with 2H Offshore to advance OTEC tech
Global OTEC and 2H Offshore have signed an agreement to combine their expertise and accelerate development of floating ocean thermal energy conversion (OTEC) technology.
Green corridor surge: initiatives soar to 44, doubling from last year’s count
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
COSCO Shipping licensed to construct GTT’s systems for offshore LNG units
French LNG containment specialist GTT and Chinese shipyard COSCO Shipping (Qidong) Offshore, a subsidiary of shipping and logistics company COSCO Shipping, have signed a technical assistance and license agreement (TALA) for the construction of GTT membrane containment systems. Specifically, this agr
Methanol-ready Mein Schiff 7 launched in Finland
Mein Schiff 7, a methanol-ready cruise ship ordered by Hamburg-based cruise company TUI Cruises, has been launched in Finland.
Plans for hydrogen development at Dogger Bank D gain ground
Dogger Bank D, the potential fourth phase of the world’s largest offshore wind farm under construction, Dogger Bank Wind Farm, has awarded contracts to engineering consultants to support the feasibility and optimization of a large-scale green hydrogen development option on the project. SSE Renewable
Maersk Tankers reveals mega order for up to 10 very large ammonia carriers
Tanker operator Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order has been placed by an affiliated company of Maersk Tankers, validating previous media reports. As disclosed, Japanese company Mitsui &
Denmark and USA to explore development of green corridors in the Global South
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at C
Pertamina and Karpowership forge LNG and alternative fuels alliance
Indonesia’s PT Pertamina International Shipping (PIS), a subsidiary of PT Pertamina (Persero), and Turkey’s Karpowership have formalized a general partnership agreement (GPA) to develop sustainable energy infrastructure in Indonesia. Under the GPA, which was formalized during the COP28 in Dubai on F