SOFEC, a MODEC Group company, has been awarded Approval in Principle (AiP) by the American Bureau of Shipping (ABS) for its electric charging buoy. “As a part of SOFEC’s commitment to the energy transition and renewable energy, we are pleased to announce that ABS has awarded the newly developed elec
Dutch logistics company Samskip Group has secured financing for its zero-emission short-sea container vessel through a strategic partnership with Eurazeo and Ness, Risan & Partners (NRP). The €22.5 million funding, part of the Eurazeo Sustainable Maritime Infrastructure (ESMI) fund, marks the fifth
Singapore, a global maritime bunkering hub, has welcomed the delivery of its first methanol bunkering vessel, marking another stride in its commitment to serve as a living lab for bunkering alternative fuels. This aligns with the broader maritime industry’s efforts toward decarbonization. Namely, St
Belgian maritime innovator Zulu Associates has revealed a new concept design of its 200 TEU autonomous short sea container vessel, the Zulu MASS, featuring an auxiliary wind assistance system.
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have progressed their large-scale CO2 storage project offshore the Netherlands to the next phase. L10CCS, to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entere
Finnish shipping company Finnlines has taken delivery of Finncanopus, the second of two Superstar-series freight-passenger (ro-pax) vessels. The delivery ceremony was held today at the China Merchants Jinling Shipyard in Weihai, China. The homeward voyage from the shipyard is expected to take 6–7 we
QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.
German engine manufacturer MAN Energy Solutions has signed an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology. As a result, the first four-stroke engine types will be capable of retrof
Turkish shipbuilder Sanmar Shipyards has delivered Canada’s first LNG dual-fuelled tugboat Haisea Kermode to HaiSea Marine, a joint venture majority owned by the Haisla Nation in partnership with Seaspan ULC. Haisea Kermode can run on diesel or LNG, and features a diesel exhaust after-treatment syst
Nasdaq-listed dry bulk shipping company Star Bulk Carriers and Eagle Bulk Shipping, one of the world’s largest owner-operators within the midsize dry bulk vessel segment, revealed their intent to merge through an all-stock agreement. The merger is expected to create a dry bulk shipping powerhouse wi
Japanese shipping major NYK Line has teamed up with compatriot shipbuilders Namura Shipbuilding Co. and Sasebo Heavy Industries Co. to replace the main propulsion on steam turbine–driven Moss-type LNG carriers. In October 2023, NYK was granted Approval in Principle (AiP) from the Japanese classifica
As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.
Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?
The cost of the European Union’s (EU) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions, according to the forecasts from International Transport Intermediaries Club (ITIC). The extended EU ETS, which comes into force on 1 January 2024, will set an annual absolute l
