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Methanol is considered one of the alternative fuels that will drive shipping’s decarbonization. But with its ever-growing popularity, methanol is in the risk of loosing its alternative status, heading
Maersk Provides Subdued Outlook for 2023 After Exceeding Expectations Maersk projected a prolonged weak container market while saying rates and volumes stabilized at lower levels Maersk presented wh
Maersk Provides Subdued Outlook for 2023 After Exceeding Expectations Maersk projected a prolonged weak container market while saying rates and volumes stabilized at lower levels Maersk presented wh
Whether driven by the pursuit of decarbonisation through more efficient ships or market dynamics, the European Union’s 2022 Monitoring, Reporting and Verification (MRV) data reveals that emissions in
Swedish owner Furetank Rederi’s LNG dual-fuel propulsion tanker, Fure Viten, currently chartered to Canadian company Desgagnés, achieved a significant milestone by becoming the first European-owned ve
Mr Bischofberger reels off a list of criteria that Accelleron considered for the acquisition. Among them are that the product should be high-tech – “we don’t want to be in …
MSC Group executive vice president, maritime policy and government affairs, Bud Darr commented, “We are committed to catalysing the development, accessibility and uptake of net-zero fuels and believe
MSC Joins SEA-LNG as Latest Coalition Member Global container shipping leader joins coalition to support cross-industry collaboration and accelerate use of net zero fuels at scale [By: SEA-LNG] SEA
2023 August 3 18:02 MSC joins SEA-LNG as latest coalition member Global container shipping leader MSC has joined SEA-LNG coalition to support cross-industry collaboration and accelerate the use of n
MSC Joins SEA-LNG as Latest Coalition Member Global container shipping leader joins coalition to support cross-industry collaboration and accelerate use of net zero fuels at scale [By: SEA-LNG] SEA
Norden Invests in Biofuel Company to Build Future Fuel Supply Norden CEO Jan Rindbo says the industry can not rely of traditional supply agreements (Norden file photo) Leading dry-bulk and …
Norden Invests in Biofuel Company to Build Future Fuel Supply Norden CEO Jan Rindbo says the industry can not rely of traditional supply agreements (Norden file photo) Leading dry-bulk and …
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), yesterday reported its financial results for the three months ended June 30, 2023. Key Recent …
Tanker newbuilding orders have been on the rise, as owners feel more confident to invest, given the record low orderbook. In its latest weekly report, shipbroker Allied said that “a …
Ocean Yield announced it has entered into an agreement to purchase four LR1 product tankers, to be built at Guangzhou Shipyard International (GSI) in China for delivery in 2026 and …
Any commentator on the maritime business decarbonization voyage will offer something along the lines of "There will be multiple fuels…" With the International Maritime Organization (IMO) meetings of i
Under the terms of the agreement with private equity firm Pinetree Partners, KSOE, part of HD Hyundai, will purchase 6.52M shares of STX Heavy Industries and another 5.36M of newly …
Ocean Yield said the four LR1 product tankers would be built with a design enabling them to be converted to dual-fuel operation and run on methanol. "The bareboat charter rate …
2023 August 2 17:46 Ocean Yield agrees to purchase four LR1 product tankers Ocean Yield AS has agreed to purchase four LR1 product tankers, to be constructed at Guangzhou Shipyard …
Himalaya Shipping Takes on LNG Bunkers for First Time by Ship & Bunker News Team The deliveries were both made in Singapore. File Image / Pixabay Bermuda-based dry bulk shipping …
