Gas carrier owner and operator Navigator Holdings has signed a non-binding memorandum of understanding with Bumi Armada Berhad, one of the world’s largest floating infrastructure operators, to establish a joint venture company to provide CO2 shipping and injection solutions in the United Kingdom. Th
Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future of shippin
India’s Chowgule Shipyard has launched Electramar, the first unit in the series of twelve energy-efficient plug-in hybrid vessels ordered by AtoB@C Shipping, a subsidiary of Finnish dry bulk shipping company ESL Shipping. “The launching of a vessel is always a special moment in shipbuilding and we a
Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, and Qiyao Environmental Technology (Qiyao Environ Tec), a subsidiary of Shanghai Marine Diesel Engine Research Institute, have secured an approval in principle from Bureau Veritas (BV) for a carbon capture and storage (CCS) project onboar
With high levels of interest and varying degrees of activity around zero-emission fuels as well as favourable conditions for the potential bunkering of hydrogen-based zero-emission fuels across its major ports, Spain is well positioned to develop green shipping corridors to Europe and beyond, accord
Port of Aarhus, Denmark’s largest commercial port, opened its first shore power facility for cruise ships on June 20, 2023 enabling the vessels to keep their engines running on electricity while docked in the port and thus cut their emissions. The Port of Aarhus is one of Denmark’s largest cruise de
Oslo-listed shipping company Wallenius Wilhelmsen has signed its first biofuel contract with the U.S. energy major ExxonMobil as a step towards reducing emissions and promoting eco-friendly practices. Under the contract, ExxonMobil will deliver sustainable biofuel within the second half of this year
Denmark-based shipping giant A.P. Moller – Maersk (Maersk) is ready to make pioneering moves in the shipping industry with the retrofit of an existing container ship to a dual-fuel methanol-powered vessel scheduled for 2024. The company revealed that the first engine retrofit in the industry is to b
Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oi
Danish investment company J. Lauritzen is expanding its partnership with Swiss freight trader Cargill by adding a third methanol dual-fuel 81,200 dwt Kamsarmax bulk carrier to their existing order of two vessels. The vessels are capable of trading with zero carbon emissions when powered by green met
Shipbuilding heavyweight China State Shipbuilding Corporation (CSSC) and DNV classification society have established a Future Ship Joint Innovation Centre in Shanghai. The centre will enable the duo to cooperate on ship and offshore field technical innovation, advance in decarbonization and digitali
UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has taken delivery of a newbuild LNG dual-fuel very large crude carrier (VLCC). The vessel named Hafeet was built by Hanwha Ocean, formerly known as Daewoo Shipbuildin
A Chinese-flagged bulker fitted with a domestically developed rotor sail took to the water at the No. 2 wharf of CSSC Chengxi Shipbuilding Co., a subsidiary of China State Shipbuilding Corporation, marking a solid step forward in the practical application of wind-assisted rotor technology developed
The UN’s 193 member states adopted a legally binding marine biodiversity agreement on Monday following nearly two decades of negotiations over forging a common wave of conservation and sustainability in the high seas beyond national boundaries – covering two thirds of the planet’s oceans. It forms t
