Maritime leaders have formed an elite working group to study onboard carbon capture technologies as a solution to help decarbonize the maritime industry while enabling the existing ships to continue burning fossil fuels. The collaborative project brings together ABS, Diana Shipping Services, Equinor
Knutsen NYK Carbon Carriers AS (KNCC) is ready to order LCO2 carriers fitted with its unique Liquefied CO2-Elevated Pressure (LCO2-EP) containment system, the company said. The intention is being revealed on the back of a General Approval for Ship Application (GASA) the company secured for the LCO2-
Norwegian shipping company Avance Gas has ordered two mid-sized 40,000 cubic metres LPG/ammonia carriers with dual fuel engines at China International Marine Containers(Group) Ltd. (CIMC). The two companies entered into a newbuilding contract worth $123 million on 7 June. The agreement for the two n
German container shipping company Hapag-Lloyd is considering investments in methanol and ammonia-ready newbuilds, alongside exploring wind propulsion options, as part of its sustainability agenda. Speaking today in a live session, Hapag-Lloyd CEO Rolf Habben Jansen expressed openness to alternative
Eastaway, a member of the X-Press Feeders Group, has ordered six 1,250 TEU containerships, fitted with dual-fuel engines capable of operating on conventional fuel and methanol. The first ship is set to be delivered by the second half of 2025, bringing the number of dual-fuel vessels in the pipeline
China’s COSCO Shipping Heavy Industry Technology (Weihai) has signed an order for a methanol fuel supply system for four 16,000-TEU containerships with COSCO Shipping Heavy Industry (Yangzhou). According to COSCO, the methanol fuel supply system “Marine Shield” (Haidun) adopts dual-core redundancy +
Port of Felixstowe, part of the Hutchison Ports’ network, and Shanghai Westwell Technology Co. Ltd (Westwell) have signed an agreement for an additional 100 battery-powered autonomous Q-Trucks. The order follows a tender exercise and a thorough testing and evaluation process. Hutchison Ports first i
New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon captur
State-owned LNG giant QatarEnergy has celebrated the steel cutting of the first of its new generation of chartered LNG carriers to be built at a South Korean shipyard as part of its LNG fleet expansion project. On 3 June, QatarEnergy said it joined the shipbuilder Samsung Heavy Industries and JP Mor
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
Belgium’s Port of Antwerp-Bruges has witnessed its very first methanol bunkering on its journey to becoming a multi-fuel port. This first methanol bunkering operation took place on 1 June when 475 mT of methanol was bunkered from barge Tamariva to Proman Stena Marine at Sea-invest’s terminal. Proman
As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t
