Swire Shipping plans to sign the building contract for the first pilot vessel of the Project Cerulean by the end of June 2021. The project, announced two years ago, aims to develop low-carbon, low-cost sail-assisted inter-island cargo vessels to serve communities in the Pacific that lack cargo handl
Scrapping of the Floating Storage and Offloading (FSO) tanker J. NAT in Gadani, Pakistan, has been suspended by local authorities following intoxication and burning of workers, NGO Shipbreaking informed. The tanker hit the shipbreaking shores of Gadani recently, after going several months off the ra
A plan to accelerate the decarbonisation of oil & gas assets through a 200-turbine floating wind and hydrogen development has been revealed.
Engine manufacturer MAN Energy Solutions is confident that it would meet its target of developing a commercially viable, ammonia-powered marine engine by 2024. The engine would be intended for large, ocean-going containerships
Australian company Wave Swell Energy (WSE) has launched the Bluefire project, a comprehensive enhancement programme dedicated to refining its wave energy technology, and developing and implementing additional benefits for both the wave energy sector and the environment as a whole.
Hull of the feeder containership X-Press Pearl, which has been ablaze off Colombo Port for days, remains structurally intact, the operator of the vessel said. According to an update from X-Press Feeders, salvors have determined that the state of the hull is sound and found that there has been no los
Ørsted and HOFOR (Greater Copenhagen Utility) entered into an agreement that will secure green power for part of the potential 1.3 GW Green Fuels for Denmark project to produce sustainable fuels in the Greater Copenhagen area. As part of the agreement, Ørsted and HOFOR will work towards enabling Ørs
Australian authorities have issued a record ban to Aswan Shipping, the owners of Panama-flagged bulk carrier MV Maryam, preventing the vessel from entering any Australian port for three years. The ban comes in response to major safety and maintenance issues, along with crew welfare abuses, according
A historic ruling has shaken the energy market this week after a Dutch court ordered oil major Shell to reduce its carbon emissions by 45 per cent by 2030 compared with 2019 levels. The decision was delivered in connection with a climate change case filed against Shell in 2019 by Dutch environmental
There needs to be a greater sense of urgency among global governments in relation to the adoption of policies that would accelerate decarbonization in the shipping sector, the head of the world’s largest container shipping company believes. “Business is ahead of governments on this agenda,” Soren Sk
The shipping industry must reach zero emissions by 2050, and to get there zero-emission ships must become the dominant and competitive choice by 2030, an op-ed signed by big industry names insists. This means that the International Maritime Organization (IMO) would need to step up and revise its dec
Tanker owner and operator Frontline has appointed classification society DNV to assist the company through its decarbonization journey towards IMO 2030- 2050. The project, launched last year, is aimed at providing Frontline with a solid understanding of its options, and the ways of further optimizin
Total shipbuilding orders in the first five months of this year have increased by 119.7% compared with the same period in 2020, BIMCO’s data shows. The massive rebound in ordering has been driven by record high containership contracting, as investors in this segment find themselves flush with cash.
One of the two injured crew members of the X-Press Pearl containership, which remains ablaze off Colombo port, Sri Lanka, has tested positive for COVID-19, operator of the ship informed. According to Singapore-based X-Press Feeders, the two crew members, who received leg injuries during their evacua
