The International Chamber of Shipping (ICS) has submitted a refined proposal to shipping’s UN regulator seeking the establishment of a fund and reward system to accelerate the sector’s uptake of alternative fuels and its transition to a net zero future. The refined proposal combines elements from it
in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you’re starting with.
The Associated British Ports (ABP) has entered into an exclusive commercial relationship with Edinburgh–based oil and gas company Harbour Energy to develop a CO₂ import terminal at the Port of Immingham, the UK’s largest port by tonnage. The terminal will provide a large-scale facility to connect CO
Nissos Kea, a recently delivered scrubber-fitted gas-ready crude carrier, managed to avoid damage after being targeted by explosions that took place on October 21 while the vessel was loading at an oil terminal in Ash Shihr in Yemen. “In the afternoon of 21 October 2022, while the vessel had called
Japenese shipping company Nippon Yusen Kabushiki Kaisha (NYK) is advancing its study on generating biofuel from the organic waste stored onboard oceangoing vessels with a new memorandum of understanding (MoU). NYK has signed an MoU with Astomos Energy, an LPG distributor, and Sustainable Energy, a c
The world’s first bulk carrier to be partially powered by wind, the Shofu Maru, sailed into the Port of Newcastle this morning on its maiden voyage. The 100, 422 dwt bulker, owned by Japanese shipping company Mitsui O.S.K. Lines (MOL), was delivered on October 7, 2022. The vessel is the first of its
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has delivered the second 109,000-dwt Aframax dual-fuel tanker Proteus Iwona to Bank of Communications Financial Leasing Co (BoComm). This vessel is the first 109,000-dwt Aframax dual-fuel tanker classed by the China Classification Society (C
Oslo-listed Havyard Group ASA has decided to change the company name to Eqva ASA to reflect its growth strategy and mark its transformation into a fully integrated service company. The company said that the name Eqva was formed by combining the letters “EQ”, the starting point of the words equal, eq
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract for the construction of two LNG carriers worth around $500 million (KRW 710 billion). Each vessel has secured a price of $250 million, a record vaue for local shipbuilders, Yonhap reports citing DSME. The LNG
Discharge water from ships’ exhaust gas treatment systems (scrubbers) is responsible for up to nine percent of certain emissions of carcinogenic and environmentally harmful substances in the Baltic Sea, a study from Chalmers University of Technology reveals. The study was commissioned by the Swedis
In 2030, Europe’s shipping industry will need over 6.3 million metric tonnes of liquefied natural gas (LNG) to power its growing fleet of gas-powered ships – enough to power 7 million homes – which will only increase Europe’s dependence on fossil fuels, a new Transport and Environment (T&E) study sh
Russia’s new dual-fuel automobile and railway ferry General Chernyakhovsky has been bunkered with liquefied natural gas (LNG) for the first time. The bunkering took place on 15 October at the seaport of Ust-Luga. Right after bunkering, the ferry headed for the seaport of Kaliningrad, loaded with aut
Norway-based RoRo transportation provider United European Car Carriers (UECC) has taken delivery of its third and final newbuild multi-fuel LNG battery hybrid pure car and truck carrier (PCTC). The latest newbuild, to be named Auto Aspire, was delivered on 20 October at China’s Jiangnan Shipyard and
China Shipbuilding Hengyu Energy (Shanghai), a subsidiary of China State Shipbuilding Corporation (CSSC), has completed the bunkering of three methanol-powered product tankers built by Guangzhou Shipyard International. The 49,900-ton tankers were fueled with a total of 240 tons of methanol, a major
