The Documentary Committee of BIMCO has adopted a Methanol Annex to its Bunker Terms 2018; this is the latest addition to the BIMCO portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonisation. The...
The latest statistics from DNV’s Alternative Fuels Insight (AFI) platform have indicated that a total of 298 ships with alternative fuel propulsion were ordered in 2023 – an 8% increase year on year. The year also saw methanol go mainstream, with a sharp increase in...
Oil company Chevron has appointed Ayten Yavuz as the new General Manager of its Global Marine Products business, in a move to bring additional expertise contributing to the advancement and expansion of the company's initiatives. In her new role, Yavuz will be...
Denmark has launched its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality. Led by the Danish Embassy...
Japanese shipping company NYK intends to conduct full-scale trials of long-term use of biofuels, starting in 2024, in a move which is expected to enable the company to operate its existing HFO-fuelled fleet with net-zero CO2 emissions. Moving forward from the...
A.P. Moller-Maersk (Maersk) has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC), which will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green...
Danish green energy investment fund manager Copenhagen Infrastructure Partners (CIP), through its Growth Markets Funds II and Energy Transition Fund I, is to develop Helax Istmo, a green hydrogen and green maritime fuels project in Mexico. Helax Istmo has signed a...
Although the IMO targets for the use of zero or near-zero fuels in 2030 can be met using sustainable biofuels, many different sectors will compete for those fuels, so shipping is focusing on transitioning to alternative green and blue fuels. Shipowner organisation...
Varo Energy and Höegh Autoliners have signed a strategic partnership agreement aimed at advancing the decarbonisation of maritime sectors. This collaboration focuses on supplying 100% advanced biofuels for deep-sea transportation from Europe, underpinning both...
Wärtsilä will supply the LPG (liquefied petroleum gas) fuel supply and cargo handling systems for a new Medium Gas Carrier (MGC) vessel being built for Turkish ship owner Pasco Gas at Hyundai Mipo Dockyard (HMD). The 45,000m3 capacity vessel was ordered as an option...
Carbon emission reduction technology company Topsoe has signed a grant agreement with the European Union’s Innovation Fund for a total of €94m, a grant which is seen as recognition of Topsoe’s SOEC electrolysis technology and the innovation inherent in building its...
Energy logistics group Tristar has signed an agreement with Turkey’s Akdeniz Shipyard to build a hybrid bunker barge to operate in the UAE. Scheduled to be commissioned in the first quarter of 2025, the vessel will be positioned at Port of Fujairah on the east coast...
The Port of Antwerp-Bruges and CMB.Tech have announced that the 'Hydrotug 1', the first hydrogen-powered tugboat, is ready for operation in the Antwerp port area. This development will play a crucial role in Port of Antwerp-Bruges’ efforts to green its fleet and to...
Keep up to date with news and events in the industry.
We do not share your information with third parties and you can unsubscribe at any time.