Outlook & Strategy
‘World’s 1st’ ammonia-powered containership set to debut in 2026, Yara says
Yara Eyde, which has been described as the world’s first containership to be powered by pure ammonia as fuel, is scheduled to enter the market in 2026, according to its developers. The vessel is being developed by ammonia producer and shipowner Yara Clean Ammonia and the Norwegian container operator
Tanger Med and Port Said included in EU ETS directive
The European Commission has included Tanger Med and Port Said, two pivotal transshipment hubs, in the European Union’s (EU) revamped carbon pricing regime for ships. This latest update, however, brings a marked change in the way emissions are assessed, and it extends its reach beyond EU borders, her
Study: EU must triple or quadruple installed shore power by 2030
The European Union needs to triple or quadruple its installed shore power by 2030 to meet the current ambitions of the FuelEU Maritime regulation and the Alternative Fuels Infrastructure Regulation (AFIR), a new study estimates.
Boomsma Shipping and Leonhardt & Blumberg order up to eight low-emission dry cargo ships
Dutch shipowner Boomsma Shipping and German counterpart Leonhardt & Blumberg have placed a joint order for the construction of up to eight 8,500-ton low-emission dry cargo vessels, to be built by the Chowgule and Company – Shipbuilding Division Group in India. JR Shipping Shipbrokers & Consultants a
Uniper to receive ammonia from First Ammonia’s flagship project in Texas
German energy company Uniper and New York-headquartered ammonia plants developer First Ammonia have agreed to cooperate on a green ammonia project in the port of Victoria, Texas. The parties revealed their plans to cooperate on October 30 at the US-German Hydrogen Conference in Berlin. As part of th
Alfa Laval eyes business opportunities in hydrogen sector
Swedish sustainable solutions provider Alfa Laval is establishing a new business unit, ‘Business Unit Electrolyzer and Fuel Cell Technologies,’ intending to capture business opportunities in the hydrogen sector. It will be established by January 1, 2024, and will be part of the Energy Division. Alfa
Ulstein to deliver concept design for fuel-efficient cable layer
Ulstein Design & Solutions has secured a contract with Malaysia-based Megamas Resources in partnership with Renaissance Technologies (RTM) to deliver the conceptual design of a fuel-efficient cable laying and repair vessel. According to Ulstein, the decision was taken in view of the shortage of cabl
Höegh Autoliners & Yara Clean Ammonia enter clean ammonia supply deal
Ammonia distributor Yara Clean Ammonia, a subsidiary of Yara International, and shipowner Höegh Autoliners, both Norwegian companies, have agreed on a future supply deal for clean ammonia. Höegh Autoliners noted that the partnership follows separate initiatives in both companies in two important par
Survey campaign wraps up at 2 GW Scottish offshore wind site
A geotechnical survey campaign has wrapped up at an offshore wind farm site in Scotland being developed by Ocean Winds, a joint venture between EDP Renewables and Engie. According to the project’s latest Notice to Mariners (NtM), the geotechnical survey within the Caledonia offshore wind farm site w
ABB to help Carnival optimize fleet performance, boost energy efficiency
Switzerland-based technology company ABB and the US cruise company Carnival Corporation have signed a long-term partnership agreement that will cover service for vessels powered by the Azipod XO electric propulsion system.
CIP, Flexens, and Lhyfe team up for integrated green hydrogen and OW production
Copenhagen Infrastructure Partners (CIP), Flexens, and Lhyfe have formed a partnership to develop and construct an integrated energy island solution enabling large-scale green hydrogen and offshore wind production on Åland, Finland. CIP, through Copenhagen Energy Islands, Lhyfe, and Flexens have dec
Hayfin invests in up to four methanol-ready Suezmaxes
Europe’s shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI). The contract includes two firm 158,000-dwt tankers and options for two more sister vessels with the delivery of the firm units sc
Plagazi and Litra join hands for transport and handling of circular hydrogen
Sweden’s Plagazi and Norway’s Litra have signed a letter of intent (LoI) that serves to state the intent for a commercial agreement between the two companies, which would enable Litra to undertake the transport of circular hydrogen from Plagazi to various industrial sites and off-takers. According t
IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign
The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.