
Wärtsilä will invest €50 million in expanding its R&D center in Vaasa, aiming to meet the growing demand for sustainable technologies and alternative fuels in maritime and energy sectors.

Japanese shipping company NYK has executed construction and charter contracts for its first methanol-powered very large crude carrier (VLCC).

A new 100-meter-long cable laying support vessel (CLSV) being built at the Sefine Shipyard for Norwegian Agalas and Cecon Contracting has been launched in Türkiye. Agalas reported yesterday, April 3, that the first of its three subsea vessels had been launched in Türkiye, with a few intense months a

German energy company Mabanaft and e-fuels producer HIF Global have signed a heads of agreement (HoA) for the planned offtake of e-methanol for the shipping industry.

The project for retrofitting conventionally-fueled Kamsarmax bulk carrier to dual-fuel methanol, co-led by MMMCZCS and Tsuneishi Shipbuilding, has received approval in principle (AiP), paving the way for green transition within the medium-size bulk carrier sector.

Fratelli Cosulich marked the beginning of the construction of its first methanol-ready IMO II bunker tanker, Anna Cosulich, at Taizhou Maple Leaf Shipyard in China.

Marine and offshore solutions provider SRC Group has formed a partnership with Singapore-based engineering company SLR Synergies to expand its global footprint.

ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.

South Korean shipping major HMM has completed methanol bunkering for its first methanol-powered containership, HMM Green.

The Maritime and Port Authority of Singapore (MPA) and Finland’s technology major Wärtsilä have renewed their partnership to accelerate maritime decarbonization and digitalization.

Danish shipping giant A.P. Moller – Maersk has held a naming ceremony for its newest dual-fuel methanol containership at its APM Terminals Maasvlakte II terminal in Rotterdam, the Netherlands.

UK-based marine and offshore solutions provider SRC Group’s retrofit methanol storage technology has received the go-ahead via an approval in principle (AiP) from Italy-based classification society RINA. As disclosed, the approval in principle took account of the International Maritime Organization’

Following the finalization of the methanol bunkering licensing framework and standards, the Maritime and Port Authority of Singapore (MPA) has opened applications for licensees to supply methanol as a marine fuel in Singapore.

Norwegian vessel operator Sea1 Offshore, ex-Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for an additional two next-generation offshore energy support vessels (OESVs), sisters to the two ordered at the end of 2024. Sea1 Offshore placed the order for the first two OESVs wit