Ane Maersk, the world’s first large methanol dual-fuel containership, has completed its first ship-to-ship (STS) green methanol bunkering at Ulsan Port, South Korea. The green methanol was bunkered to 16,000 TEU Ane Maersk, Maersk’s first large methanol-powered containership, by Golden Sunny Hana, a
Singapore’s Seatrium, previously known as Sembcorp Marine, has secured a favored customer contract (FCC) with Greek shipping company TMS Cardiff Gas for the repairs and upgrades of LNG carriers. Seatrium announced the contract via social media update on February 2, saying it will carry out repairs a
U.S.-headquartered LPG shipping company Dorian LPG has placed an order for the construction of a Very Large Gas Carrier (VLGC) /ammonia carrier. The vessel is anticipated to be delivered in the third quarter of 2026, and Dorian has already made first installment payment of $23.8 million in January 2
The NGO Shipbreaking Platform is calling for the extension of the EU Ship Recycling Regulation to include ownership in addition to the flag, after releasing the latest figures on global shipbreaking practices for 2023. The data from the platform shows that out of the 446 ocean-going commercial ships
A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to demo
The majority of emissions are created during the operational period of a vessel’s life cycle but these can be reduced by approximately 90% through the use of zero- or low-carbon fuels, reveals the industry-first cradle-to-grave study carried out by Lloyd’s Register (LR) and partners to assess enviro
Belgian tanker major Euronav has placed an order for an additional dual-fuel ammonia-ready Very Large Crude Carrier (VLCC) at Qingdao Beihai shipyard in China, confirming previous broker reports on the deal. The order was placed in January 2024. Combined with the three orders announced in 2023, the
Denmark-based technology company ZeroNorth has reached a deal with Belgian shipping company Euronav to acquire and manage the tanker major’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav will become a customer of ZeroNorth’s full platform offering. FAST collec
Chinese shipbuilder Hudong-Zhonghua has launched a newbuild 13,000 TEU LNG dual-fuel containership for French shipping giant CMA CGM. The ship named CMA CGM Belem was launched four days ahead of schedule on January 29, 2024, at the Changxing Shipbuilding Base. LNG-powered CMA CGM Belem has a total l
Greek pure-play Capesize ship owner Seanergy Maritime Holdings Corp. has revealed that it will retrofit one of its existing Capesize vessels with hydrogen (H2) technology. The project is being bankrolled through the European Union Funded SAFeCRAFT Project Consortium. Seanergy, through its wholly-own
French container shipping heavyweight CMA CGM and China State Shipbuilding Corporation’s Qingdao Beihai Shipbuilding Co. have sealed a contract for a containership methanol dual-fuel conversion project at Beihai Shipbuilding. The deal is expected to cover 9,360 TEU vessels built around a decade ago,
Japanese maritime leaders Idemitsu Tanker Co., Iino Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha (NYK), and Nippon Shipyard Co. have joined forces to create a consortium to design and build a low-emission Very Large Crude Carrier (VLCC). The consortium is targeting up to 40% reduction in greenhouse g
The Sustainable Shipping Initiative (SSI) has launched its State of Sustainable Shipping (SoSS) program, bankrolled by Lloyd’s Register Foundation. Expanding on the Roadmap to a Sustainable Shipping Industry, the SoSS program hones in on six crucial vision areas: Oceans, Communities, People, Transpa
Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supp
