German Meyer Group company Meyer RE has established a strategic partnership with Everllence, previously MAN Energy Solutions, to advance methanol retrofit solutions in the maritime industry. This partnership is thought to mark a significant step towards reducing the...
Mitsui OSK Lines (MOL) and Asahi Tanker have announced that the Asahi Tanker owned and operated tanker ‘Asahi’—the world’s first pure battery tanker to operate completely on electricity—bunkered fuel to the MOL-operated car carrier ‘Victorious Ace’ at the Daikoku Pier...
Wärtsilä will supply equipment for what is considered the world’s second-largest plant capable of liquefying bio-methane and synthetic methane from renewable energy sources to produce carbon-neutral transportation fuel. When operational, the facility will have a...
Chevron Marine Lubricants’ new Taro Ultra Advanced 40 has passed the Main NOL (No Objection Letter) Service and Confirmation field tests by MAN Energy Solutions, which allows the oil’s uninterrupted use in the company's Mk 9 and later engines. Since the IMO 0.5%...
US market intelligence company Transparency Market Research says that stricter implementation of environmental regulations and standards for marine vessels, particularly on emissions to air, are shaping the revenue potential of the LNG bunkering market. LNG as a fuel...
Nippon Yusen Kabushiki Kaisha (NYK) and its affiliate Sanyo Kaiji have started a continuous three-month trial using biodiesel fuel supplied by Toyotsu Energy Corporation in the tug fleet operated by Sanyo Kaiji. The biofuel will be supplied via ship-to-ship using a...
Mitsui OSK Lines (MOL) subsidiary MOL Chemical Tankers (MOLCT) has signed a memorandum of understanding (MoU) with commodity trading company Trafigura and its vessel fuel supply joint-venture company TFG Marine, to carry out a joint study on the full-scale supply of...
A ceremony to mark the completion of the world’s first maritime transport of liquefied hydrogen, including its loading and unloading has been held in Kobe, Japan. The demonstration voyage by the liquefied hydrogen carrier, Suiso Frontier, proved that an international...
The Maritime Just Transition Task Force founded by the International Chamber of Shipping (ICS), the International Transport Workers’ Federation (ITF) and the UN Global Compact has announced that the Singapore Maritime Foundation has become its first public programme...
A consortium of shipping stakeholders is aiming to develop demonstrators for two-stroke and four-stroke marine engines running on ammonia fuel, under the auspices of the Ammonia 2-4 project, which aims to advance viable concepts for ammonia fuel. The project is...
According to BIMCO, the current $200 per tonne price spread between very low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) is increasing the advantage for ships fitted with exhaust gas scrubbers. BIMCO says that the price gap between VLSFO and HFSO has...
Teco2030 has signed a letter of intent with Norwegian energy company Narvik Hydrogen to cooperate on relevant projects with the aim of developing a complete hydrogen value chain for Teco2030's fuel cell solution. As part of the agreement, the two parties will...
FuelTrust, a US-based technology company dedicated to creating a sustainable fuel ecosystem for the marine industry, and Isle of Man Ship Registry (IOMSR), have signed a Memorandum of Understanding (MoU) under which IOMSR will use FuelTrust’s fuels and emissions...
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