The shipping industry is ‘partially on track’ with regard to the progress in technology and supply of scalable zero-emission fuels (SZEF) to achieve the target of a 5 percent share of international shipping fuels by 2030, according to a new joint report produced by UMAS and UN Climate Change High Le
Finnish shipping company Meriaura, engine maker Wärtsilä, and Green NortH2 Energy have signed a Letter of Intent for building a cargo vessel that runs on green ammonia. The vessel will be ordered and operated by Meriaura, and Green NortH2 Energy is responsible for supplying green ammonia fuel, which
The world’s rapidly growing fleet of ships that can burn liquefied natural gas (LNG) is at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. Namely, 65% of the newbuilding deliveries by 2025 is capable of running on LNG as a marine fuel, up fro
French LNG containment specialist GTT has received the tank design order for two new LNG carriers (LNGCs) from Chinese shipbuilder Hudong-Zhonghua.
KSOE bags order for 4 LNG-powered boxships, 4 petrochemical carriers
Norwegian company ASKO Maritime AS hosted a christening ceremony last week for two fully electric, autonomous vessels in the Port of Moss, Norway. MS Marit and MS Therese are named after world-leading cross-country ski champions Marit Bjørgen and Therese Johaug, who acted as the vessels’ godmothers.
U.S. shipping and logistics company Crowley has inked a charter contract with Singapore-based Eastern Pacific Shipping (EPS) for four newbuild containerships powered by LNG. The 1,400 TEU vessels will be built by Korea’s Hyundai Mipo Dockyard and are slated for delivery in 2025. Each vessel will fea
After three years and six months, China State Shipbuilding Corporation (CSSC) has completed and delivered ten 15,000 TEU containerships to its French partner CMA CGM. The occasion was marked by the delivery of the LNG-powered containership CMA CGM Greenland. The boxship is a sister vessel to four LN
LNG bunker vessel XIN AO PU TUO HAO, built by Dalian Shipbuilding Industry, was delivered in Dalian Shipbuilding Industry Offshore Base on Friday, 16 September. The 8,500 cbm LNG bunkering vessel was contracted by ENN Energy Holding, one of the largest LNG users in China, back in 2018 and it will be
The marine industry is moving too slowly in relation to decarbonisation, held back by a lack of regulations that would incentivise a quicker pick-up of synthetic fuels, MAN Energy Solutions’ Chief Sales Officer Wayne Jones has warned. Jones believes that without further action, global shipping might
Siemens Energy, Moss Maritime, DNV and Fearnleys have developed an LNG vessel design that will be powered by a hybrid combined-cycle power and propulsion plant. Under the concept, many engine components, including the main engines can be removed from the ship. The backbone of the vessel’s hybrid com
A Dutch startup named Circular Maritime Technologies (CMT) has been launched targeting unsustainable shipbreaking practices that have seen ships taken apart by hand on South East Asian beaches. CMT aims to become the world’s first circular ship dismantling yard by developing and integrating technolo
Hyundai Mipo Dockyard (HMD) has won design approval for the development of the world’s first 30,000cbm liquefied carbon dioxide carrier. The new carrier will incorporate a new type of steel in its tanks, supporting greater efficiencies in the carbon capture and storage (CCS) value chain. The steel u
Hong Kong-based containership owner Seaspan Corporation has canceled the contracts for four 7,700 TEU dual-fuel liquefied natural gas containership newbuildings. The company said on Thursday that the decision was made as the counterparty failed to meet certain conditions in the contracts, hinting th
