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Alternative Fuels

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2023 in review: A transformative year for shipping and maritime
Alternative Fuels

2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago
Samsung Heavy chooses GTT tank design for three new LNG carriers
Alternative Fuels

SHI suspends construction of blocks for Zvezda’s Arctic LNG carriers

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South Korean shipbuilder Samsung Heavy Industries (SHI) has ceased the production of blocks and equipment for 10 out of the 15 Arctic LNG carriers contracted with Zvezda, Reuters reported. While Samsung has been delivering these components for five of the vessels to Zvezda, following approval from t

about 2 years ago
IAPH
Alternative Fuels

IAPH President: Ports should not compete but collaborate to ensure infrastructure for green fuels

Jens Meier, President of the International Association of Ports and Harbors (IAPH) and CEO of Hamburg Port Authority has called on ports to actively collaborate on knowledge sharing between themselves and the maritime community to accelerate decarbonization.

about 2 years ago
Mein Schiff Relax
Alternative Fuels

Fincantieri lands €415 million green loan

Italian shipbuilder Fincantieri has secured a “green” loan totaling €415 million intended for the construction of ‘low-carbon’ cruise ship Mein Schiff Relax. The loan is being provided by Intesa Sanpaolo’s IMI Corporate & Investment Banking Division and Cassa Depositi e Prestiti (CDP)- Mein Schiff R

about 2 years ago
China dominates global shipbuilding, South Korean giants expected to miss annual targets
Alternative Fuels

China dominates global shipbuilding, South Korean giants expected to miss annual targets

China continues to assert its dominance on the global shipbuilding scene, China Daily reported citing data from the Ministry of Industry and Information Technology. China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023,

about 2 years ago
eWolf
Alternative Fuels

Crowley’s all-electric tug starts sea trials

Crowley’s eWolf, the first all-electric ship assist tug in the U.S., has commenced sea trials along the U.S. Gulf Coast, the company confirmed on social media. The ship is being built by Master Boat Builders’ (MBB) shipyard in Coden, Alabama, and is expected to be delivered in 2024. eWolf will suppo

about 2 years ago
NYK charts course for full-scale biofuel trials in 2024
Alternative Fuels

NYK charts course for full-scale biofuel trials in 2024

Starting in fiscal 2024, Japanese shipping company NYK plans to launch full-scale trials of the long-term use of biofuels in navigating its existing heavy oil-fired vessels. Biofuels are produced from biological sources (biomass), such as waste cooking oil, and are considered to have net-zero CO2 em

about 2 years ago
MGC teams up with Maersk and Yokohama city to promote use of green methanol
Alternative Fuels

MGC teams up with Maersk and Yokohama city to promote use of green methanol

Japan’s Mitsubishi Gas Chemical Company (MGC) has signed a memorandum of understanding (MoU) with the City of Yokohama and shipping giant Maersk to promote the use of green methanol at the Port of Yokohama. On December 27, MGC announced the signing of the MoU which aims to decarbonize international

about 2 years ago
CIP and Mexican authorities to collaborate on green hydrogen and maritime fuels project
Alternative Fuels

CIP and Mexican authorities to collaborate on green hydrogen and maritime fuels project

Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, has agreed with Mexican authorities to collaborate on Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico. CIP will develop the H

about 2 years ago
Wärtsilä
Alternative Fuels

SHI secures deal for two ammonia carriers

South Korean shipbuilding major Samsung Heavy Industries (SHI) has won a 310.8 billion won ($240 million) contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to complete and deliver the

about 2 years ago
CMA CGM Indianapolis
Alternative Fuels

Jinling Weihai delivers early Christmas gift to EPS

China Merchants Jinling Shipyard (CMJL) Weihai, also known as Jinling Weihai, has delivered the 7,000-CEU LNG dual-fuel car carrier CMA CGM Indianapolis to Singapore-based ship management company Eastern Pacific Shipping (EPS). The shipbuilder said that the delivery took place 102 days ahead of sche

about 2 years ago
Korean Register okays HMM’s methanol dual-fuel retrofit boxship design
Alternative Fuels

Korean Register okays HMM’s methanol dual-fuel retrofit boxship design

Classification society Korean Register (KR) has awarded approval in principle (AiP) for the methanol dual-fuel retrofit design of HMM’s 16,000 TEU containership.

about 2 years ago
Amogy joins forces with Mitsubishi for adoption of ammonia cracking tech in Japan and South Korea
Alternative Fuels

Amogy joins forces with Mitsubishi for adoption of ammonia cracking tech in Japan and South Korea

The US-based ammonia power solutions company Amogy and Japan’s Mitsubishi Corporation have teamed up to accelerate the adoption of Amogy’s ammonia-to-power and ammonia cracking technology in large-scale hydrogen carrier applications in East Asia, particularly Japan and South Korea. In collaboration

about 2 years ago
Danish Shipping
Alternative Fuels

Danish Shipping: Over 80% of new ship tonnage to sail on green fuels

More than half of new vessels currently being built for Danish shipping companies will be able to sail on green fuels, trade and employer association Danish Shipping said.

about 2 years ago