Japanese shipping company NYK Line confirmed earlier today that its chartered car carrier Galaxy Leader was seized near Hodeida, Yemen. “On the evening of November 19 in Tokyo (early afternoon local time), NYK was informed by Galaxy Maritime Ltd., which is based in the U.K., that an NYK-chartered pu
SWITCH Maritime, a US-based company developing zero-emission hydrogen and battery-powered ferries, has raised $10 million in a Series A round led by low-carbon investor Nexus Development Capital to expand its fleet. SWITCH Maritime was founded in 2018 with an aim to enable private and public municip
The world’s first hydrogen-powered vessel has completed technical sea trials and obtained a provisional certificate to be put into service. The vessel named Antonie was built by Dutch shipyard Concordia Damen for compatriot inland shipping company Lenten Scheepvaart. It will be used to transport sal
Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation a
Turneo GmBH, a joint venture between Hamburg-based Karlsson GmBH and energy service provider EWE, has begun producing green hydrogen in Cuxhaven, providing fuel for the first of four supply vessels in Wintershall Dea’s Mittelplate fleet. Under the project named H2Move, Turneo commissioned and starte
Norwegian shipowner Misje Rederi has celebrated the ceremonial launch of Misje Flora, its 4th eco-friendly hybrid bulk carrier, crafted at Colombo Dockyard in Sri Lanka. According to Misje Rederi, the launch, spearheaded by the company’s CEO Roald Misje, marks a bold move in blending conventional an
South Korean shipbuilding major Hanwha Ocean has secured an order worth KRW 656.2 billion (around $498 million) to construct four very large ammonia carriers (VLACs) for Greek shipowner Naftomar Shipping and Trading. According to Hanwha Ocean, each VLAC will be able to transport 93,000 cubic meters
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has confirmed the order for two new LNG-powered cruise ships at French shipyard Chantiers de l’Atlantique. The ships belong to MSC Cruises’ World Class series, which includes the already-delivered MSC World Europa and MSC World Amer
After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. On November 13, CPLP said it had entered into an umbrella agreement with
Japan’s Yanmar Power Technology (YPT), a subsidiary of Yanmar Holdings, has made the first delivery of its newly commercialized maritime hydrogen fuel cell system. According to Yanmar, it was supplied to the passenger ship HANARIA, operated by MOTENA-Sea, a company backed by Mitsui O.S.K. Lines and
Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough
Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine
LNG production and maritime transportation logistics provider Seaside LNG has entered into a term bunkering agreement with Carnival Corporation & plc to fuel Carnival Jubilee, the first LNG-powered cruise ship to call Galveston, Texas its homeport. Seaside LNG explained that its barge Clean Jacksonv
Swedish electrofuel developer Liquid Wind, through its partnership with Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has revealed plans for developing and marketing ten additional eMethanol facilities in the Nordics by 2027. The newly-announced plans build on the partnership that was initia
