MISC Berhad (MISC), a provider of energy-related maritime solutions, has signed collaboration agreements with Swiss marine power company WinGD and classification society DNV for the development of ammonia engines for ammonia dual-fueled vessels. Said to mark a historical milestone as the first of it
Japanese industry majors Japan Petroleum Exploration Co. (JAPEX), JGC Holdings Corporation (JGC HD), Kawasaki Kisen Kaisha (K LINE), and JFE Steel Corporation have joined hands to embark on a collaborative evaluation with the goal of establishing a carbon capture and storage (CCS) value chain rooted
UK tech provider BAR Technologies (BARTech) has been awarded a full Type Approval Design Certificate (TADC) for its wind propulsion technology – BAR Technologies WindWings by Yara Marine Technologies (WindWings) – from classification society DNV. Since being awarded an Approval In Principle (AIP) fo
Hydrogen fuel cell supplier PowerCell Group and methanol-to-hydrogen technology firm e1 Marine, in partnership with RIX Industries, have conducted a string test of their respective technologies for a 200kW propulsion chain as part of the validation of Maritime Partners LLC’s M/V Hydrogen One inland
Royal Caribbean International’s first LNG-powered cruise vessel, Icon of the Seas, has left the outfitting pier from Meyer Turku shipyard situated in Turku, Finland. Icon of the Seas will be conducting week-long series of sea trials through the picturesque Turku archipelago representing a culminatio
Taiwanese shipping major Wisdom Marine is moving further with the modernization and expansion of its bulker fleet with a 42,2000 dwt bulker. The company revealed earlier this month that it had received clearance from its Board of Directors (BoD) to order the bulker from Japanese shipbuilding major T
A small group of Greenpeace Nordic activists has taken action to prevent a tanker carrying potentially harmful waste from the Norwegian oil industry to be discharged in Denmark. Utilizing divers and magnets underwater, the activists attached a small sailboat to the hull of the tanker Bothnia, which
Oil shipping company Teekay Tankers has signed agreements to equip 25 additional tankers with Yara Marine Technologies’ FuelOpt propulsion optimization technology. The order follows the installation and evaluation of FuelOpt onboard Zenith Spirit in 2021, followed by a further three vessels in 2022.
This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen
The world’s first feeder vessel powered by green methanol is nearing construction completion and is getting ready to embark on its sea trials later this month. The 172-meter-long feeder was launched on April 4 at South Korea’s Hyundai Mipo Dockyard and it is being built for Denmark-based industry ma
Knutsen NYK Carbon Carriers AS (KNCC) has signed a Memorandum of Understanding (MoU) with Pilot Energy Limited, an Australian oil and gas company that is pursuing to leverage its existing infrastructure to develop clean energy projects, to collaborate on an integrated solution for marine transportat
Norwegian shipowner MPC Container Ships (MPCC) has finalized the acquisition of five eco-design vessels. With a total purchase price of $136.4 million, these acquisitions come with existing charter contracts from top-tier counterparties, which the company expects to solidify its revenue-generating c
European short-sea player Wilson ASA has signed a contract for the construction of six 3,800 dwt future-proof bulkers. Under the contract, Wilson has options for eight more diesel-electric cargo vessels, totaling the order to 14 vessels. India’s shipbuilder Cochin Shipbuilding confirmed that it has
MOL Clean Energy (MCE), a subsidiary of Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL), has made a strategic investment in Ascension Clean Energy (ACE), a proposed global-scale clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. The strategic investment b
