Chinese dry bulk vessel owner Fujian Guohang Ocean Shipping Group has exercised order options for two 89,000 dwt methanol dual-fuel bulk carriers at compatriot Wuhu Shipyard.
South Korean shipbuilder Samsung Heavy Industries (SHI) has collaborated with Taiwanese container shipping company Evergreen to develop and install virtual reality (VR) solutions intended to teach seafarers how to operate green ships.
Construction of Lucia Cosulich, the second methanol-ready IMO II bunker tanker for Italy’s maritime transportation group Fratelli Cosulich, has begun at Taizhou Maple Leaf Shipyard in China.
HyOrc Corporation, a Texas-based developer of patented hydrogen combustion and waste-to-fuel technologies, has signed a memorandum of understanding (MOU) with Start Lda, a Portugal-based liquid and gaseous fuels trading company, to develop a 25,000 ton per annum green methanol production facility in
The Hong Kong and China Gas Company (Towngas) has inked a strategic framework cooperation agreement with tank storage company Royal Vopak to expand the green methanol supply chain and support the shipping industry’s low-carbon transition.
Norwegian shipping company Rem Offshore has held the keel-laying ceremony for its second energy subsea construction vessel (ESCV), being built at a shipyard in Vietnam. REM Ocean, for which the steel-cutting ceremony was held in February, will once delivered from Myklebust Verft in 2027 begin operat
COSCO SHIPPING YANGPU, China’s first domestically build methanol dual-fuel containership, completed its maiden voyage to the Port of Yangpu in Hainan Province on July 2, 2025.
The European Commission has launched the Hydrogen Mechanism under the European Union (EU) Energy and Raw Materials Platform, aimed at supporting the market development of renewable and low-carbon hydrogen and its derivatives, including ammonia, methanol, and electro-based sustainable aviation fuel (
NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.
An energy subsea construction vessel (ESCV) being built in Vietnam for Norwegian shipping company Rem Offshore has hit the water one month ahead of schedule. Once delivered next year, the vessel will perform heavy construction work in offshore wind and subsea arenas with net-zero emissions. Followin
While the overall newbuild market is experiencing a slower growth rate, the alternative fuels orderbook saw a total of 151 vessel orders in the first half of 2025, with LNG dominating as the “clear fuel of choice” and accounting for more than half of the orderbook, according to data from classificat
Singapore-based shipping company AAL Shipping has taken delivery of AAL Dammam, its sixth methanol-ready dual-fuel Super B-class multipurpose heavy lift vessel. The naming and delivery ceremony for the 32,000 dwt newbuilding was held at the CSSC Huangpu Wenchong Shipyard in China on June 27, 2025. A
Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI), have secured approval in principle (AiP) for their jointly developed liquefied CO2 (LCO2)/methanol carrier.
Stena Futura, the first methanol-ready NewMax hybrid ship built for Swedish ferry company Stena Line, has completed its sea trials in China.
