This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in Decemb
In response to the intensifying impacts of climate change, the Panama Canal Authority has revealed a noteworthy shift in investment priorities, underscoring a commitment to channel more capital into sustainability initiatives. The canal authority has earmarked $8.5 billion for capital investments, a
French containership major CMA CGM has welcomed into the fleet CMA CGM Mermaid, the first ship in a series of ten new 2,000 TEU container ships powered by liquefied natural gas (LNG). The fleet has been designed in cooperation with French shipbuilder Chantiers de l’Atlantique and Danish engineering
The Republic of the Marshall Islands (RMI) Maritime Administrator has awarded an Approval in Principle (AiP) to Anemoi Marine Technologies for their rotor sail systems. The AiP was issued after a comprehensive review of a 210,000 dwt Newcastlemax bulk carrier designed by Shanghai Merchant Ship Desig
Japanese shipping company Mitsui O.S.K. Lines (MOL) has teamed up with Australian energy major Woodside and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and Hyundai Glovis to study the development of shipping solutions for bulk marine transportation of liquid hydrogen. Wood
Deltamarin and BAR Technologies have unveiled a new wind-optimized hull design named Aquilo, showcasing a practical step toward sustainable ship design. Specifically tailored for Aframax/LRII vessels, Aquilo represents an advancement in overall performance by integrating advanced hull design with BA
The world’s largest cruise company, Carnival Corporation & plc, has signed an agreement with German shipbuilder Meyer Werft for the construction of a new LNG-fueled Excel-class cruise ship. This is the first newbuild order placed by Carnival Corporation in five years. It will be the tenth Excel-clas
Greek shipowner Danaos Corporation has placed a $188.4 million order for the construction of two methanol-ready 8,258 TEU containerships at Yangzijiang shipyard in China. The latest fleet renewal move brings the company’s orderbook to twelve ECO methanol-ready containership newbuilds with an aggrega
The construction of electricity supply connections to ships at berth has officially begun at the Le Havre cruise terminal, France. Led by HAROPA PORT, the 5th largest port complex in Northern Europe, the strategic project aims to reduce emissions from cruise activity by electrifying cruise docks. By
Belgian shipping major Compagnie Maritime Belge (CMB) has launched its mandatory public takeover bid on all shares in Euronav that are not already directly or indirectly owned by CMB or its affiliates. The move comes after CMB, Euronav’s biggest shareholder, struck a deal with Frontline in October 2
Singapore-based Seatrium, formerly Sembcorp Marine, has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers. The contract will see Seat
HAV Hydrogen, a subsidiary of HAV Group, has received NOK 12.4 million (around $1.18 million) in funding from Innovation Norway to build, test, and certify a full-scale prototype of a containerized hydrogen (H2) energy system for ships called Zero Emission Pod. The Zero Emission Pod is a complete de
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
Athens-based dry bulk shipping firm Star Bulk Carriers has brought its newbuilding tally of ECO Kamsarmax to five after revealing that it has contracted Qingdao Shipyard Co. for three more 82,000 dwt newbuilding vessels. Namely, in November 2023 Star Bulk revealed it had ordered two high-specificati
