Baltic Exchange has launched what it believes to be the maritime industry’s first-ever free Fuel Equivalence Converter, a reliable, easy-to-use digital calculator that helps owners, traders, brokers and charterers to navigate the complexity of the physical properties...
German emissions management software provider Zero44 and sustainable biofuel supplier Frontier Fuels have announced a strategic partnership aimed at assisting maritime stakeholders in decreasing emissions and achieving compliance with the latest regulations. According...
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Over a three year period, Carisbrooke Shipping has been collaborating with GT Wings to develop, install, and certify a prototype wind propulsion system. In early 2024, the project secured £3.7m in funding from Innovate UK, setting an ambitious 12-month timeline for...
US maritime emissions capture and control company Stax Engineering has received US$ 70m in funding led by Firstime Credit and Deutsche Bank Private Credit & Infrastructure, alongside the launch of new carbon capture trials with onboard carbon capture technology...
Polish shipyard CRIST has ordered six MAN 12V175D high-speed variable speed gensets in connection with the construction of an OSV (Offshore Support Vessel) for DOF of Canada. Provisionally named Sea Dragon, the OSV is set to assist operations off the coast of...
Cummins has received Approval in Principle (AiP) from DNV for its methanol-ready QSK60 IMO II and IMO III engines, available in power ratings from 2000 to 2700 hp. The approval validates Cummins' retrofittable methanol dual-fuel solution for the global marine market,...
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Deltamarin, DNV and Aveva have announced a strengthened collaboration agreement following approval from DNV for a 3D model used as part of the classification material prepared for Höegh Autoliners’ Aurora Class od environmentally-friendly pure car and truck carriers...
Mitsui OSK Lines (MOL) and NYK have signed a memorandum of understanding (MoU) with JERA to launch a study of transporting ammonia for use as fuel, including shipments to JERA's Hekinan Power Station in Aichi Prefecture, which is scheduled to start commercial...
2024 marks 10 years since the Meyer family shipbuilding company took over the Turku shipyard in Finland, and over that time the shipyard, like the whole industry, has experienced both victories and challenges. In the anniversary year, the direction of Meyer Turku...
Ro-ro operator Stena Line has held a joint ceremony at the China Merchants Jinling Shipyard, Weihai, celebrating the release of 'Stena Futura' into the water for the first time, and the laying of the keel for 'Stena Connecta', which marks the beginning of the build....
Bureau Veritas (BV) has launched its first classification Rules for hydrogen-fuelled ships (NR678) to support the safe development of hydrogen propulsion in the maritime sector. The rules outline technical requirements for the safe bunkering, storage, preparation,...
Lloyd's Register (LR) will class the first newbuild project for mid-size low pressure ammonia-ready liquefied CO2 (LCO2) carriers ordered by Capital Gas Ship Management at Hyundai Mipo Dockyard. The project follows a collaboration between Capital, HMD, and LR, which...
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Maritime clean technology company Silverstream Technologies and Chinese shipyard group Cosco Shipping Heavy Industry (CHI) have signed a high-level memorandum of understanding (MoU) which will explore opportunities to install the Silverstream hull lubrication system...
The maritime industry must improve its forecasting to prepare for a range of possible futures, according to Lloyd’s Register (LR). LR and Lloyd’s Register Foundation, in a new report Global Maritime Trends 2050 have called on shipowners and other supply chain...
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