Japanese companies JERA, NYK Line, and Resonac have signed an agreement to conduct a joint study on the supply of ammonia as fuel to ships. Under the agreement, the three companies will join forces to achieve the supply of ammonia fuel to a tugboat with a produced ammonia-fueled engine, A-tug, being
Finnish shipping company Finnlines has taken delivery of Finncanopus, the second of two Superstar-series freight-passenger (ro-pax) vessels. The delivery ceremony was held today at the China Merchants Jinling Shipyard in Weihai, China. The homeward voyage from the shipyard is expected to take 6–7 we
German engine manufacturer MAN Energy Solutions has signed an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology. As a result, the first four-stroke engine types will be capable of retrof
UAE-based port operator AD Ports Group and compatriot clean energy company Masdar have signed a memorandum of understanding (MoU) to jointly explore the development of a green hydrogen production hub within the Khalifa Economic Zones Abu Dhabi (KEZAD). The MoU, signed on the sidelines of the UN Clim
Turkish shipbuilder Sanmar Shipyards has delivered Canada’s first LNG dual-fuelled tugboat Haisea Kermode to HaiSea Marine, a joint venture majority owned by the Haisla Nation in partnership with Seaspan ULC. Haisea Kermode can run on diesel or LNG, and features a diesel exhaust after-treatment syst
Swedish electrofuel developer Liquid Wind has formed a partnership with Finnish companies Kanteleen Voima and Piipsan Tuulivoima to prepare a feasibility study for setting up its first facility for producing eMethanol in Haapavesi, Finland. On 12 December, the parties announced the signing of a lett
Nasdaq-listed dry bulk shipping company Star Bulk Carriers and Eagle Bulk Shipping, one of the world’s largest owner-operators within the midsize dry bulk vessel segment, revealed their intent to merge through an all-stock agreement. The merger is expected to create a dry bulk shipping powerhouse wi
Japanese shipping major NYK Line has teamed up with compatriot shipbuilders Namura Shipbuilding Co. and Sasebo Heavy Industries Co. to replace the main propulsion on steam turbine–driven Moss-type LNG carriers. In October 2023, NYK was granted Approval in Principle (AiP) from the Japanese classifica
South Korean producer of electric and hydrogen hybrid propulsion systems Vinssen has tested and delivered a hydrogen fuel cell system for a trial project that aims to test hydrogen as a marine fuel. In order to deliver the system, Vinssen collaborated with Shell Singapore as the project sponsor, Sea
The cost of the European Union’s (EU) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions, according to the forecasts from International Transport Intermediaries Club (ITIC). The extended EU ETS, which comes into force on 1 January 2024, will set an annual absolute l
China’s Dalian Shipbuilding Industry Company (DSIC) is pressing on with the construction of 175,000 cubic meter LNG carriers ordered by compatriot China Merchants Energy Shipping (CMES). On December 8, DSIC said it had held a keel laying ceremony for the first ship in the joint project with CMES and
Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, 60 maritime organisations and government partners agreed on a course to deliver the IMO’s net-zero strategy at Shaping the Future of Shipping, an event hosted by the Internation
In a bid to secure a competitive landscape for the availability of renewable fuels to power maritime vessels, energy providers need to have regulatory frameworks established within the next two years. The call comes with the recognition that substantial investments in new fuels are imminent, conting
Norway’s VARD has secured a contract worth over $200 million to deliver a highly customized hybrid power cable lay and construction vessel to what it says is a leading Japanese construction company. The contract was signed with Toyo Construction, a Japanese general construction company that operates
