U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green f
Liquefied natural gas (LNG) has become cheaper maritime fuel than Very Low Sulphur Fuel Oil (VLSFO), according to the most recent analysis made by Danish consultancy Sea-Intelligence. To comply with the IMO2020 regulations aimed at cutting sulphur emissions, the shipowners were given a choice betwee
Swiss freight trader Cargill has completed two pilot projects with Safetytech Accelerator, a dedicated technology accelerator established by Lloyd’s Register, involving robotic hull cleaning solutions and automated data collection from ship machinery. The projects were selected as part of Safetytech
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has achieved a drop in carbon emissions intensity worth 33.5 percent since 2008, and is on track to achieve its 40 percent reduction target ahead of 2030, the company revealed in its sustainability report for 2022. “We continue to s
Prosafe has disclosed a new timeline during which one of its semi-submersible vessels is expected to kick off its pending assignment.
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has secured a contract for the construction of two liquified CO2 (LCO2) carriers from Greek shipowner Capital Ship Management.
The construction of the methanol-ready Mein Schiff 7 cruise ship, being built for TUI Cruises at Finnish shipbuilding company Meyer Turku, has reached a landmark feat with the installation of main engines. The engines are being provided by Finnish technology company Wärtsilä and the ship will have a
Between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in their delivery paperwork, a new report examining bunker discrepancies in the maritime industry released by Texas-based green-tech start-up FuelTrust said. The primary
German shipping giant Hapag-Lloyd has released a video of how a massive liquefied natural gas (LNG) storage tank was installed on its LNG-powered 23,600 TEU containership Berlin Express.
French LNG containment specialist GTT has received an order from its partner, the South Korean shipyard Hyundai Samho Heavy Industries, for the tank design of two new LNG carriers (LNGCs). The order was placed in the second quarter of 2023 on behalf of an Asian ship-owner, GTT informed. The containm
Japanese shipping industry major NYK and its group company, NYK Bulk & Projects Carriers Ltd., have completed the dismantling of the heavy-lifter vessel, Kamo, at the PHP Ship Recycling Facility in Bangladesh. The Panama-flagged general cargo ship Kamo was built in 1998. The NYK Group said it was th
In the race to achieve net-zero emissions, the maritime sector is turning its attention to hydrogen fuel as a potential game-changer. Hydrogen has uses as a direct fuel in both gaseous or potentially liquid form, and also as a feedstock for liquid hydrogen carriers such as ammonia or methanol. Howev
Finnsirius, the first of two hybrid ro-pax vessels, was delivered to freight and passenger shipping company Finnlines at the China Merchants Jinling Shipyard in Weihai, China, on 18 July 2023. Finnsirius will start operating on the Naantali–Långnäs–Kapellskär route in September 2023. The second vess
USV AS, a joint venture (JV) company established by DeepOcean, Solstad Offshore and Østensjø, has contracted Astilleros Gondán shipyard to build its first unmanned surface vessel (USV). Expected to enter service in 2025, the USV will be utilised for subsea inspection, maintenance, and repair (IMR) w
