The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co
Mein Schiff 7, a methanol-ready cruise ship ordered by Hamburg-based cruise company TUI Cruises, has been launched in Finland.
Italian shipbuilding giant Fincantieri has set forth the main terms and conditions for the acquisition of 100% shares of Remazel Engineering.
Tanker operator Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order has been placed by an affiliated company of Maersk Tankers, validating previous media reports. As disclosed, Japanese company Mitsui &
The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green
U.S.-headquartered drybulk shipowner Genco Shipping has acquired 2016-built 181,000 dwt scrubber-fitted Capesize vessel, Genco Reliance.
The construction of the first two Northern Lights’ ships has surged past the 60% completion mark, signaling substantial strides in the creation of what has been described as the world’s first large vessels tailor-made for liquified CO2 transport, the company said. The Northern Lights project, a join
A new training project is being launched aimed at preparing seafarers for zero or near-zero emission ships as a way of addressing the imminent need for upskilling the workforce to operate advanced technological solutions and alternative fuels. The project was announced at the 2023 UN Climate Change
Azane Fuel Solutions, a Norwegian company developing an ammonia bunkering terminal, has signed a Memorandum of Understanding (MoU) with US-based ammonia power solutions company Amogy Inc. to explore the technical and commercial feasibility of using Amogy´s ammonia-to-power system on board an Azane-d
‘Green’ ships accounted for 83% of container carrier capacity ordered in the first nine months of 2023, according to the data from Alphaliner. The newbuilding surge saw the addition of 187 vessels, equivalent to 1.75 Mteu of fleet capacity. Notably, carriers themselves have predominantly initiated t
Belgium-based developer and integrator of hydrogen solutions CMB.TECH and compatriot maritime transportation firm Boeckmans have teamed up on the order of four future-proof hydrogen-powered 5.000 dwt general cargo vessels.
Lloyd’s Register (LR) classification society is joining hands with Greek shipowner Capital Gas Ship Management (Capital) and South Korean shipbuilding major Hyundai Mipo Dockyard (HD HMD) on the construction of two ammonia-ready 22,000m3 low-pressure LCO2 carriers set to be delivered in 2025 and 202
WinGD will carry out the first commercial installation of its new variable compression ratio (VCR) technology on two new dual-fuel LNG-powered vessels being built for Japanese shipping company NYK Line.
Pilbara Clean Fuels (PCF), Oceania Marine Energy, and Italy’s classification society RINA have signed a Memorandum of Understanding (MoU) to develop an ‘end-to-end’ low-carbon profile LNG production and marine vessel bunkering capability concept for the port of Port Hedland. The three companies plan
