German legislative body Bundesrat has approved the revised act to accelerate the use of liquefied natural gas (LNG Acceleration Act) to include forward-looking rules on energy supply and specify practical provisions on the sustainable, climate-neutral retrofitting of LNG terminals. The previous vers
The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocea
Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Futu
U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green f
Liquefied natural gas (LNG) has become cheaper maritime fuel than Very Low Sulphur Fuel Oil (VLSFO), according to the most recent analysis made by Danish consultancy Sea-Intelligence. To comply with the IMO2020 regulations aimed at cutting sulphur emissions, the shipowners were given a choice betwee
The Government of Canada has announced an investment of up to $38 million under the National Trade Corridors Fund to improve cargo movement at the Port of Argentia based in Newfoundland. The funds are targeting the expansion of the existing Fleet Dock terminal. This expansion includes the constructi
SeaVolt project partners, which include Tractebel, DEME, and Jan De Nul, are making final preparations to install its first offshore solar energy test platform in the Belgian North Sea.
A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.
Between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in their delivery paperwork, a new report examining bunker discrepancies in the maritime industry released by Texas-based green-tech start-up FuelTrust said. The primary
The California Assembly Committee on Utilities and Energy has unanimously approved California Senate Bill 605 – Wave and Tidal Energy (SB 605), which aims to put California on the path to developing a new source of clean, renewable energy.
MAN Energy Solutions is about to start developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Roßlau gGmbh and TU-Darmstadt. The three-year research project, ‘CliNeR-ECo’, is funded by the German Federal Ministry for Economic Affairs and Climate
Japanese shipping industry major NYK and its group company, NYK Bulk & Projects Carriers Ltd., have completed the dismantling of the heavy-lifter vessel, Kamo, at the PHP Ship Recycling Facility in Bangladesh. The Panama-flagged general cargo ship Kamo was built in 1998. The NYK Group said it was th
SEM-REV 2.0, a test site for marine renewable energies offshore France, has completed the installation of cables and connectors on the subsea hub, enabling the upgraded site to connect new renewable energy technology prototypes.
Japanese industry stakeholders including e5 Lab, Marindows, e-Mobility Power, CHAdeMO Association, The Japan Ship Technology Research Association, Mitsubishi Shipbuilding, and Development Bank of Japan have established the Promotion Council for Zero Emission Chargers for Ships, aiming to promote the
