The lifetime fuel costs of meeting key European decarbonisation targets for shipping through the LNG pathway are expected to be roughly half that of the methanol or ammonia pathways, according to the findings of a new analysis from the SEA-LNG coalition. The multi-sector coalition promotes the comme
Human rights and environmental non-governmental organizations (NGOs) are urging UNDP to ensure the clean and safe recycling of the decaying floating storage and offloading (FSO) vessel Safer, moored offshore Yemen, that is threatening to cause a massive oil spill. In a letter addressed to UNDP, the
The Ports of Stockholm and the Freeport of Riga Authority have signed a Memorandum of Understanding (MoU) to work on a joint application for EU funding to reduce the impact of port activities on the environment. The partnership aims to enable further development of passenger terminals in the two cap
Finnish technology group Wärtsilä has secured a contract to extend the capacity of the regasification system installed onboard the LNG Croatia, a floating storage and regasification unit (FSRU) owned by Zagreb-based LNG Croatia. Under the contract, Wärtsilä will extend the capacity of the 280-metre-
Toxic air pollutants from cruise ships around ports are higher than pre-pandemic levels, leading to increased air pollution in Europe’s port cities, a new Transport & Environment study shows. The study indicates that despite introducing the UN shipping body’s sulphur cap in 2020, Europe’s 218 cruise
CSSC Power Co., a wholly-owned subsidiary of the China State Shipbuilding Corporation (CSSC), and the world’s largest chemical producer BASF have teamed up on expediting the progress of onboard carbon capture (CO2 capture) systems for commercial maritime applications. The partnership is expected to
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has introduced its new corporate strategy for the period 2023-2050 which is centred around the efficiency of current activities, preparation for the energy transformation and transition towards activities in the new energy field. The strategy, wh
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has revealed plans to establish a new research and development (R&D) center in Busan as part of its strategy to enhance its marine engineering expertise and design capabilities. The company signed an investment memorandum of understanding (MOU
Chinese shipbuilder Dalian Shipbuilding Industry Co. held a naming and delivery ceremony for the 16,000 TEU containership MSC Chiyo. The vessel was constructed for the world’s largest container shipping company Mediterranean Shipping Company (MSC). The ship’s design was meticulously crafted by the M
Hyundai Vietnam Shipbuilding, a subsidiary of HD Hyundai’s shipbuilding division, has secured orders for two product carriers from an undisclosed African-based shipping company, marking a total of 199 vessels ordered in the shipbuilding business since its inception 15 years ago. The company was esta
Ships’ emissions of metals and hazardous substances pose a significant threat to the marine environment, warns a new study conducted by Chalmers University of Technology in Sweden. The research found that water discharged from ships’ scrubbers, designed to clean exhaust gases, accounted for over 90%
MOL FSRU Challenger, also known as the world’s largest floating storage and regasification unit (FSRU), has received the first LNG as part of a commissioning process for Hong Kong’s first offshore LNG terminal. The FSRU’s owner, Japanese shipping giant Mitsui O.S.K. Lines (MOL), announced this miles
Iberdrola, ACE Terminal and Hynetwork Services have signed two agreements to bolster the establishment of the green hydrogen maritime corridor between Spain and the Netherlands. The agreements were signed on 13 June when the Executive Chairman of Iberdrola, Ignacio Galan, received His Majesty the Ki
Bangladesh has granted approval for the implementation of the Hong Kong Convention on the safe recycling of ships and offshore assets. This landmark decision positions Bangladesh as the second sub-continent recycling destination, following India, to ratify the convention. Following extensive and sus
