German energy company Mabanaft and e-fuels producer HIF Global have signed a heads of agreement (HoA) for the planned offtake of e-methanol for the shipping industry.
Japanese shipping player Mitsui O.S.K. Lines (MOL) has completed biofuel bunkering on its Capesize bulk carrier, expecting about 750 tons of CO2 emission reduction.
The project for retrofitting conventionally-fueled Kamsarmax bulk carrier to dual-fuel methanol, co-led by MMMCZCS and Tsuneishi Shipbuilding, has received approval in principle (AiP), paving the way for green transition within the medium-size bulk carrier sector.
Italy’s energy company Eni, compatriot shipbuilder Fincantieri, and classification society RINA have unveiled a new study that aims to contribute to accelerating the decarbonization of the maritime transport sector, in line with the net zero target for 2050.
NYK Energy Ocean (NEO), a newly established subsidiary of Japanese shipping company NYK focused on operating LPG carriers, chemical and product tankers, and cargo ships, has officially commenced operations.
Chilean towage services provider SAAM Towage and Texas-based Caterpillar Marine have signed a memorandum of understanding (MOU) to evaluate and implement alternative power solutions to diesel, including electrification and alternative fuels such as methanol and ethanol, for the tug fleet.
Spanish shipping and chemicals company Forestal del Atlántico and Germany’s chemical manufacturing player BASF have inked an early disclosure agreement (EDA) with the goal of accelerating the production of e-methanol (eMeOH) through carbon capture solutions. Under the terms of the agreement, BASF is
A global carbon price on shipping—the world’s ‘first’ global carbon pricing on any sector—is being negotiated as part of measures to deliver the International Maritime Organization’s (IMO) climate commitment: an equitable transition to zero-emissions by 2050.
Fratelli Cosulich marked the beginning of the construction of its first methanol-ready IMO II bunker tanker, Anna Cosulich, at Taizhou Maple Leaf Shipyard in China.
Marine and offshore solutions provider SRC Group has formed a partnership with Singapore-based engineering company SLR Synergies to expand its global footprint.
Crowley, a US-owned and operated maritime, energy, and logistics solutions company, is set to install a microgrid fueled by liquefied natural gas (LNG) at its Isla Grande logistics terminal in Puerto Rico’s capital city of San Juan. As disclosed in late March this year, the energy system was envisio
ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.
Swedish ferry company Stena Line has unveiled a new wind-powered hybrid, several fuels-capable vessel concept that can reduce energy usage by 20 percent or more.
As part of a plan to slash greenhouse gas (GHG) emissions from the New York City ferry service, the state’s Department of Citywide Administrative Services (DCAS) has awarded the first tender to purchase renewable diesel for its ferries. As disclosed, the tender is part of a plan announced in October
