
MOL plans to invest in UK-based startup Carnot and its engine technology that is expected to improve fuel efficiency by up to 40%.

Classification society ABS and the Korea Research Institute of Ships and Ocean Engineering (KRISO) have teamed up to work on advancing commercial small modular reactor (SMR)-powered ships and floating SMR power generation platforms.

GCMD has completed the final supply chain trial for biofuel blended with VLSFO, bringing a series of trials launched in July 2022 to an end.

The Scottish Government has decided to buy seven electric ferries for its island communities.

In line with efforts to reduce emissions, K Line has decided to use biofuel on three vessels chartered from Gram Car Carriers (GCC).

ITOCHU, ClassNK, Nihon Shipyard, and MPA Singapore have signed an MoU for a joint study of ammonia-fueled bulk carriers.

The Government of Canada has awarded $1.7 million in funding to fourteen projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration program.

Maritime suppliers in Germany said they are satisfied with the 2023 financial year, with investments in climate-neutral shipping ensuring good capacity utilization.

Peninsula has delivered LNG to the newly built dual-fueled car carrier Thor Highway, operated by K Line, in Gibraltar.

Japanese companies JERA and NYK conducted the world’s first truck-to-ship bunkering of ammonia to an ammonia-fueled tugboat.

Construction has officially begun on the first two of the four new battery-electric hybrid Island Class vessels ordered by Canadian ferry operator BC Ferries.

Mabanaft has submitted approval documents for the planned construction of an ammonia import terminal in Hamburg, Germany.

Lhyfe partnered with Elyse Energy to assess production of e-methanol from green hydrogen, aiming to decarbonize maritime transport.

American cruise line Royal Caribbean International has christened the first LNG-fueled ship in its Oasis class, Utopia of the Seas.