INTERCARGO STRESSES ENVIRONMENTAL COMMITMENT ON WORLD MARITIME DAY
As the global shipping industry celebrates 2023’s World Maritime Day (28 September) with its central theme of ‘Marpol at 50’, the International Association of Dry Cargo Shipowners (Intercargo) has stressed its commitment to the full implementation of...
VIRIDIS TO BUILD AMMONIA-FUELLED BULKER PAIR WITH NORWEGIAN GOVERNMENT SUPPORT
Enova, a Norwegian government agency, has granted Viridis Bulk Carriers financial support of NOK 152m to help finance the construction of two ammonia-powered bulk carriers The investment grant is an important and necessary step to realise carbon free transportation...
ABS AND AL LOOK INTO METHANOL REFIT
ABS and Asiatic Lloyd Maritime, a member of the AL Group, have signed a joint development project (JDP) to study the feasibility of converting the fuel system of an ultramax bulk carrier from conventional diesel to methanol. The study is focused on a series of up to...
FINANCIAL BOOST FOR WIND PROPULSION COMPANY
Designer and manufacturer of the OceanWings wingsail solution for cargo ships, France-based Ayro, has closed a €19.2m (US$ 21m) Series B finance round, led by Blue Ocean, managed by SWEN Capital Partners, which brings the total funding for the Wind Powered...
ALTERNATIVE FUELS PROPOSED FOR MTU-POWERED SUPERYACHT FLEET
Rolls-Royce Power Systems and superyacht repair and maintenance company MB92 Group are to enter a formal working partnership to provide sustainable propulsion and energy management systems for the global fleet of superyachts. This is part of a broader push by both...
TURBO SERVICE HELPS PHILIPPINE FEERIES CUT GHG EMISSIONS
Accelleron has signed a new three-year agreement to deliver turbocharger services to Starlite Ferries, located in the Philippines. The new agreement extends the scope as well as the duration of the company’s Turbo LifecycleCare agreement, adding one further...
JAPANESE COMPANIES PARTNER TO ESTABLISH GLOBAL LH2 SUPPLY CHAIN
Japan Suiso Energy, (JSE), and three Japanese shipping companies, Kawasaki Kisen Kaisha (‘K’ Line), Mitsui OSK Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK), have agreed to join JSE Ocean, a subsidiary of JSE, which is working to establish a global...
DNV AiP FOR KOREA SHIPBUILDING’S METHANOL-FUELLED TANKER CONCEPT
Korea Shipbuilding has obtained Concept Approval (Approval in Principle, AiP) for its Suezmax tanker methanol dual-fuel propulsion concept from Norwegian classification body DNV. The methanol-fuelled vessel is designed as an eco-friendly ship to respond to the...