As the European Union prepares to unveil its Clean Industrial Deal on 26 February 2025, the Methane Abatement in Maritime Innovation Initiative (MAMII) has issued an open letter urging the EU to implement clear regulations and ramp up investment in methane-cutting...
Vard Group has joined the NAVHYS project, an innovation project lead by ArianeGroup, along with 11 partner companies, to develop innovative solutions for a liquid hydrogen (LH2) storage and fuel system. The system will be integrated in a SOV ship designed by Vard for...
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Finnish wind assisted propulsion system (WAPS) company Norsepower has completed the installation of one of the company's rotor sails onboard the 2026-built bulk carrier 'Yodohime' for IINO Lines and J-Power. The installation work was carried out at a dockyard in...
Kongsberg Maritime has been selected as the lead integrator for a significant green upgrade of the Norwegian Coastal Administration's (NCA) hybrid vessel, 'OV Bøkfjord'. The project will include installation of Kongsberg Maritime's electric Rim-Drive azimuth...
Brunvoll has secured another contract with Myklebust Shipyard for the delivery of a thruster package, which confirms the option for an additional vessel for REM Offshore, originally announced in May 2024. This agreement included an option for a third vessel. Designer...
Wärtsilä has received an order to supply a complete propulsion package for a 38,000 dwt methanol-ready cement carrier vessel. When built, this will be the largest vessel of its type, and the first with a methanol-ready notation. The order has been placed by...
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Damen Shipyards has introduced the Riverbuster 1909, designed to compliy with latest noise and emissions regulations, to operate on inland and coastal waters in a variety of deployments such as towing, barge handling, marine construction and dredging support. The...
Thai national energy company, PTT, and global owner and operator of maritime transportation assets and specialised services, AET, have signed a Memorandum of Understanding (MoU) for the development and construction of two zero-emission Aframaxes to be powered by green...
Cosco Shipping Development has signed an investment, construction and leasing agreement for 42 bulk carriers, which the company says marks the largest shipbuilding and leasing transaction since the company transformed into a shipping industry and finance operator in...
Cosco Shipping Container Lines has signed a contract in Shanghai with sister company Cosco Shipping Heavy Industry for the construction of 12 container ships of 14,000 TEU capacity with dual fuel methanol propulsion. With the latest order, Cosco Shipping emphasises...
DNV has published new guidelines for the safe installation of onboard carbon capture and storage (OCCS) system on ships, amid growing pressure on the shipping industry to develop effective technologies to reduce emissions as part of the ongoing maritime energy...
DNV has presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000m3 LNG carrier (LNGC) design, which maximises cargo capacity while optimising vessel performance. The 345m long LNGC by Hanwha Ocean was heralded as a “ground-breaking...
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Björn Ullbro has been named as the new CEO of Evac Group, taking on the position alongside his current role as President of Evac Business Line. With over 10 years of experience in the maritime industry, Ullbro brought a wealth of knowledge to Evac Group after joining...
Mitsui OSK Lines (MOL) and Chevron Singapore have signed a memorandum of understanding (MoU) concerning a strategic alliance aimed at lowering the carbon intensity of the marine energy industry. As part of this agreement, the companies will conduct joint research on...
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