ClassNK certification society has given an A rating to the LNG dual-fueled chemical tanker Fairchem Pioneer jointly developed by Fukuoka Shipbuilding and Fairfield Japan. The tanker is currently under construction at Fukuoka Shipbuilding, and is going to be chartered to FJL. The vessel was evaluated
A 93,000 cbm LPG carrier with dual fuel LPG propulsion, being built by China’s Jiangnan Shipyard, for Petredec Holdings (Eastern) PTE, has returned from sea trials. The vessel, named Harzand, is the first of a total of six 93,000 cbm LPG vessels Petredec has on order at the yard. The shipbuilder sai
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.
Inter Terminals Sweden (ITS), part of Inter Terminals, one of the largest independent bulk liquid storage providers in northern Europe, is collaborating with the Port of Gothenburg to introduce methanol bunkering services in the port by the end of 2023. ITS revealed that preparations are ongoing to
Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.
In a significant step towards sustainable and decarbonized shipping, China has launched its first-ever hydrogen fuel cell-powered boat. The vessel named ‘Three Gorges Hydrogen Boat No. 1’ was launched on March 17, in Guangdong, China. The vessel was built by Jianglong Shipbuilding Co. Ltd. for Yangt
French company SolarinBlue has secured permit from the Indian government for a 1MWp offshore solar farm in the Arabian Sea, near the city of Mangalore.
World’s largest chemical producer BASF has installed a floating solar system, designed and constructed by Noria Energy, at its manufacturing site in the United States.
The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,
Motion Ventures, a Singapore-based maritime venture investment fund, has welcomed 10 maritime corporations to its corporate consortium. The latest corporate investors joining the fund are Lloyd’s Register, Marine Traffic, Meratus Group, Stolt-Nielsen Limited, ShipsFocus, Jurni Capital, TaiShip, Pang
Canada’s Hamilton-Oshawa Port Authority (HOPA), an integrated port network, has signed a memorandum of understanding (MoU) with Atura Power, a subsidiary of Ontario Power Generation (OPG), to acquire green hydrogen. HOPA, the largest Port on the Great Lakes operating multi-modal transportation facil
A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030
An electric utility providing services to San Juan County in the US state of Washington has started exploring the feasibility of developing a tidal energy project that would provide another layer of energy resilience for the island communities in the Salish Sea.
The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual
