The American Bureau of Shipping (ABS), Eneos Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line), and Seacor Holdings have begun a joint study to develop a methanol bunkering and supply chain network along the US Gulf Coast. The four parties aim to establish the...
The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an ETS Clause for incorporation into Memoranda of Agreements (MoAs) for the sale and purchase of ships. The FuelEU Maritime Regulation and the EU Emissions Trading System (EU ETS) can impact...
Spanish shipyard Astilleros Gondan has been awarded the contract to build two new research vessels commissioned by the Bundesamt für Seeschifffahrt und Hydrographie (BSH), the federal agency responsible for maritime safety and nautical cartography in Germany. The...
A new report has found that adopting methanol as the primary fuel for voyages between the Port of Tyne, Newcastle and Port of IJmuiden, Amsterdam could avoid up to £420m in future regulatory costs and deliver an 80% reduction in GHG emissions. The study, led by...
Demonstrating what is seen as a significant advance in South Korea’s strategy for maritime decarbonisation, Busan Port Authority (BPA) has officially launched the first state-owned all-electric ferry, with the end-to-end electric power and propulsion system supplied...
Lloyd’s Register (LR), Exmar and the Belgian Federal Public Service for Mobility and Transport (FPS) have helped to develop interim guidelines to enable the safe use of ammonia cargo as fuel on gas carriers FPS, with support from LR and Exmar, led work to secure an...
GT Wings, a UK-based wind propulsion company developing the AirWing Jet Sail system, has announced the close of a significant investment round led by Grieg Kapital, the investment arm of Norway's Grieg Group. Grieg Kapital is investing alongside other investment...
Mitsui OSK Lines has announced an agreement with China's largest fuel supplier Sinopec and Marubeni Corporation, which holds the top share in the marine fuel sales market for Japanese shipowners in China, to establish a long-term supply system for marine biodiesel...
The World Shipping Council (WSC) has joined political leaders and transport industry representatives at the United Nations launch of the Decade of Sustainable Transport, highlighting the essential role of ocean shipping in cutting emissions across global supply...
Svitzer and Cochin Shipyard Limited (CSL), India’s largest public sector shipyard, have signed a shipbuilding agreement for four 26m electric TRAnsverse 2600E tugs to be constructed in India for Svitzer’s global fleet renewal and growth plans. The agreement confirms a...
Classification society DNV has joined the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping (MMMCZCS) global network as a knowledge partner. Through this collaboration DNV and MMMCZCS aim to launch and support initiatives that will drive maritime decarbonisation...
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