South Korean shipbuilder Samsung Heavy Industries (SHI) and classification society Lloyd’s Register (LR) have signed a memorandum of understanding (MoU) to jointly develop a floating production, storage, and offloading (FPSO) for green ammonia. Together, SHI and LR plan to develop the FPSO unit that
Tokyo-based financial services company ORIX Corporation has decided to conduct a sea trial using biofuel on its owned vessel which is currently chartered by Danish shipping company Norden. The trial will the first time for ORIX to use biofuels on the owned vessel, specifically a fuel composed of a m
