Top Chinese yard group COSCO Shipping Heavy Industry Co (CHI) is now able to offer wind propulsion options after signing a landmark agreement with Anemoi Marine Technologies, a UK provider of rotor sails to the shipping industry. CHI has nine yards capable of up to 7.5m dwt annual production across
India’s largest commercial shipbuilder Cochin Shipyard Limited (CSL) Kochi is forging ahead with ambitious plans that will see construction of vessels powered by alternative energy sources. The shipyard is working on multiple projects at the moment that will see inland, coastal and short-sea vessels
Navigator Holdings Ltd., owner and operator of handysize liquefied gas carriers, has entered into a joint venture agreement with Hong Kong-based Greater Bay Gas. The joint venture, owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire a total of five ethylene vessels over the next fi
AD Ports Group’s SAFEEN Group and Amaan Baghdad Company have signed an agreement on fuel oil transport and storage from Khor Al Zubair and Umm Qasr oil terminals in Iraq. The project is an extension of SAFEEN Group’s portfolio of services into the oil and gas sector and is part of its ongoing expans
Pavilion Energy, a wholly-owned subsidiary of Temasek, and classification society DNV have jointly developed a fit-for-purpose liquefied natural gas (LNG) bunker digital solution for use in the Port of Singapore. As part of their collaboration to digitalise LNG bunkering in Singapore, Pavilion and D
Hundreds of thousands of seafarers will require some type of new training by 2050 to be able to handle fuels such as ammonia, hydrogen or methanol and a significant number by 2030, initial findings of a massive study commissioned by the International Chamber of Shipping (ICS) show. The research stud
Onboard carbon capture with chemical absorption on large tankers has the best business cases, according to a new report by Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The technology has been on the receiving end of a lot of criticism as a costly and inefficient way of reducing CO2 emissi
American Burea of Shipping (ABS) and South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) have formed a joint development project to create a decarbonization strategy for DSME’s LNG carrier designs. Signed at Gastech, the project will see ABS and DSME investigate carbon emission
International Maritime Industries (IMI), the largest shipyard in the MENA region, has launched Global Maritime Fund (GMF), which aims to provide up to 100% financing for ships and rigs built at IMI’s yard in Ras Al Khair, Saudi Arabia. The independent fund, managed by Pelagic Partners, wants to beco
The Halifax Port Authority and Hamburg Port Authority have joined hands on decarbonizing the shipping corridor between Halifax, on Canada’s east coast, and Hamburg, along Germany’s northwest coast. The two port authorities signed a Memorandum of Understanding in Hamburg on September 29, 2022. The Mo
Thai state-owned oil and gas company PTT and AET, the petroleum arm of MISC, have signed a Memorandum of Understanding (MOU) for the development and construction of two zero-emission Aframaxes to be powered by green ammonia. Under the agreement, AET will select a suitable shipyard and the two zero-e
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has developed a land-based test site for electrification within its research and development center at the university campus in Siheung. The test site would be used for the development of advanced eco-friendly and smart ship technologies,
Norwegian RoRo shipping company Höegh Autoliners has committed to using either green ammonia or green methanol in at least 5 % of its deep sea operations by 2030, the company announced. The plan was revealed as the company joins the First Movers Coalition (FMC), which targets hard-to-abate sectors i
The latest installations of wind propulsion technology on large commercial vessels have pushed the global cargo capacity of vessels that make use of wind as a renewable energy source over the one million tonnes of deadweight (dwt) milestone. Currently, twenty-one large commercial vessels have wind p
