The Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs. Biodiesel,...
US-based next generation bioenergy company WasteFuel and Turkish integrated waste management company ITC have signed a partnership agreement to commence the Front-End Engineering Design (FEED) on a green methanol biorefinery located in Ankara, believed to be the first...
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According to maritime data and technology company OceanScore, the industry is bracing for the first large-scale verification of carbon credits to be surrendered to authorities under the EU Emissions Trading System (EU ETS). Transparency with real-time exposure...
Since entering service in 2015, the Norwegian ferry 'Ampere' has now sailed a distance equivalent to 17 times around the equator on batteries alone, which battery supplier Corvus Energy regards as a ground-breaking achievement in sustainable maritime transport. After...
Wärtsilä is to supply an integrated propulsion package for a new vessel being built for UK-based tanker owner and operator, Pritchard-Gordon Tankers(PGT). The integrated package includes a fuel-flexible Wärtsilä 32 main engine. This order is the third in a series of...
Swiss marine power company WinGD has secured further orders for its ammonia-fuelled X-DF-A engine design in the growing ammonia carrier market. The engines, to be built at Yuchai Marine Power Co, will be delivered for a total of seven 25,000m3 and 41,000m3 LPG/ammonia...
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Vessel designer Chartwell Marine has been awarded a £320k Innovate UK Smart Grant, which will enable Chartwell and its consortium partners — Boat Electric & Electronics and Engineered Marine Systems — to develop and test the feasibility of a market-first...
Wallenius Wilhelmsen and its project partners have secured Horizon Europe funding totalling €9m to support building its sailing ro-ro vessel, known as 'Orcelle Wind', which is scheduled to be planned, built and put into service within the next five years. Roger...
Gibdock Shipyard and Armada Technologies have signed a Memorandum of Understanding (MoU) to explore the integration of Armada's proprietary air lubrication system, the Passive Air Lubrication System (PALS), into vessels serviced by Baleana Group company Gibdock. The...
A car carrier vessel of 7,000 CEU capacity, named 'Poseidon Highway', has recently been delivered to Kawasaki Kisen Kaisha ('K' Line) of Japan from Imabari Shipbuilding. The vessel is mainly fuelled by LNG, and is expected to reduce CO2 emissions by 25% to 30% and SOx...
Classification society DNV and Shandong Shipping Tanker Co (SDST) have announced the launch of a new Joint Innovation Studio to explore, develop and promote maritime projects in the digital and sustainability space. According to DNV, the shift towards a more digital...
The Council of the International Association of Classification Societies (IACS) has welcomed significant progress being made by the Association to deliver measures to ensure the safe decarbonisation of the industry. The recent council meetin heard that work...
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Danish company Norden is expanding the company’s senior management team from January 2024 with the newly created position of Chief Operating Officer (COO), Assets and Logistics, to support and drive the company’s growth ambitions in delivering integrated freight...
Hong Kong headquartered ship management group Wallem has recently welcomed two dual fuel vessels, 'Angleviken' and 'Askviken' into its management. Wallem believes that the two LR2 tankers, delivered by Guangzhou Shipyard International, demonstrate its commitment to...
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