A new World Bank regional report on East Asia and the Pacific’s maritime sector delivers an uncomfortable message for anyone tracking the pace of shipping’s energy transition. Production of the …
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Sallaum Lines‘ latest order for an LNG dual-fuel, ammonia-ready Pure Car and Truck Carrier (PCTC) represents more than another fleet expansion. It reinforces a growing trend among the world’s leading …
Japan has moved beyond demonstrating liquid hydrogen shipping and is beginning to build the commercial infrastructure needed to support it. A programme worth around US$2.7 billion combines investment in specialist …
Last week we posed five questions shipping should be asking ahead of the European Commission’s long-awaited review of the EU Emissions Trading System (EU ETS). The proposals have now been …
Falling FuelEU surplus prices could reduce short-term compliance costs for shipowners, but raises questions over whether the regulation is creating sufficient incentives to accelerate alternative fuel adoption. The first year …
Hong Kong’s largest green methanol bunkering operation marks the first visible demonstration of Venture Energy’s strategy to connect mainland China’s renewable fuel production with international shipping. Hong Kong’s largest single …
Samskip joins the HyShip initiative as commercial hydrogen shipping moves to develop the supporting infrastructure. Samskip has recognised that commercial deployment of hydrogen-powered vessels will depend as much on fuel …
KR and HD Hyundai use sea trials to help develop the standards and procedures needed for the commercial deployment of ammonia-powered shipping. South Korea has taken another step towards the …
Two recent announcements on low-carbon ammonia highlight a new challenge for shipping. Building ammonia-capable ships is one thing; securing affordable fuel in a market increasingly dominated by large industrial consumers …
This Friday, the European Commission is expected to publish its long-awaited review of the EU Emissions Trading System (EU ETS). While much of the political debate will inevitably focus on …
New report argues market-based accounting could unlock demand for low-emission fuels long before physical supply chains are fully established. Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and the Smart …
Shipping companies are facing potentially significant financial consequences from errors in their first FuelEU Maritime (FEUM) submissions, with some mistakes resulting in penalties and missed claims worth tens or even …
DRIFT Energy’s strategic partnership with Commenda Capital Partners aims to unlock more than $500 million for a fleet of 50 energy-harvesting vessels. Ships are designed to move cargo and people, …
OOCL’s 24,000 TEU vessel, Wisdom, begins Europe service following first green methanol bunkering, highlighting both the progress and continuing commercial challenges facing alternative fuels. OOCL has completed the first green …
Bulk carrier agreement sees cargo owners beginning to create the demand needed to unlock zero-emission shipping. Fortescue has agreed to charter up to 12 ammonia-capable Newcastlemax bulk carriers from Belgian …
Four dedicated ammonia carriers will support one of the world’s first commercial low-carbon ammonia value chains, underlining shipping’s growing role in the energy transition. Japanese shipowners, NYK Bulkship (Asia) (NYK) …
Article by Nicola Good, Maritime Communications Specialist, 8th Street Communications Head of Customer Decarbonisation Maria Lacalle Muls explains how Carboninsets connects buyers and sellers of Environmental Attribute Certificates (EACs) while …
The UK has extended its Emissions Trading Scheme to maritime transport. Large commercial vessels operating between UK ports and in UK port areas were brought under the scope of the …
DNV has published a recommended practice establishing a framework for measuring and verifying the performance of onboard carbon capture and storage systems. In the announcement of DNV-RP-0698, DNV pointed out …
Japanese classification society ClassNK has introduced a ‘world first’ classification notation for ship-construction Scope 3 emissions The notation, known as a-EA (CFP), confirms that the carbon footprint associated with a …
In a joint statement published on 22 June, the European Community Shipowners’ Association (ECSA) and Airlines for Europe (A4E) urged the Commission to require member states to earmark part of …
In a joint statement published on 22 June, European Shipowners (ECSA) and Airlines for Europe (A4E) urged the Commission to require member states to earmark part of their ETS revenues …
Fortescue has agreed to charter 12 ammonia-capable Newcastlemax bulk carriers from Bocimar, the dry bulk shipping arm of CMB.TECH. Three of the 210,000-dwt vessels will be delivered with dual-fuel ammonia …
Shipbroking and advisory group Braemar has joined the Sustainable Shipping Initiative (SSI), becoming the latest participant in the Commercial Pathways to Transition workstream. The programme brings together stakeholders from across …
BIMCO has introduced a new Biofuel Clause for Time Charter Parties, establishing a contractual framework for the supply and use of biofuels. The clause addresses a range of issues associated …
Japanese offshore engineering company MODEC and Norway’s Eld Energy have signed an MoU to develop a 1.2MW power system integrated with carbon capture for floating production, storage and offloading units …
Belgian gas shipping group EXMAR has taken delivery of ANTWERPEN, a 46,000m³ midsize gas carrier equipped with WinGD’s X52DF-A ammonia-fuelled engine. The vessel is the first ocean-going ship designed to …
A joint study by Lloyd’s Register, the Port of Rotterdam Authority, CORE POWER and Maersk has found that the principal barriers to the introduction of nuclear-powered commercial vessels are regulatory …
The panel discuss the new requirements OCCS technology introduces for seafarers, the impacts on training programmes, and how standards, guidance and certification frameworks are evolving to support deployment. Hamid Daiyan, …
In a new review, the International Chamber of Shipping has concluded that onboard carbon capture and storage is technically feasible and could provide one of the few near-term pathways for …
The EU Council has approved conclusions on a European Maritime Industrial Strategy and a European Ports Strategy, which includes language that opens the door to adjustments to the bloc’s shipping …
A new report from ABS has proposed the introduction of energy-efficiency credits within the IMO’s greenhouse gas framework. It argues that efficiency measures could provide a compliance pathway while supplies …
Northern Lights JV has awarded a second LCO2 carrier to a consortium comprising Japan’s K Line and Malaysia’s MISC. The long-term time charter covers a newly built 12,000 cubic metre …
DNV has confirmed that a centrifugal onboard carbon capture and storage system developed by Carbon Ridge achieved carbon dioxide capture rates of more than 98% during a five-month pilot onboard …
The Maritime and Port Authority of Singapore (MPA) has authorised Itochu subsidiary ZETA Bunkering to conduct ammonia bunkering trials in Singapore. It is the first approval granted by MPA for …
Greek short-sea operator Neptune Lines has selected Netherlands-based Value Maritime to retrofit two pure car and truck carriers (PCTCs) with exhaust gas cleaning systems designed to accommodate future onboard carbon …
The IMO has approved interim safety guidelines for gas carriers using ammonia cargo as fuel, marking a significant regulatory step for one of shipping’s most closely watched zero-carbon fuel pathways. …
A new report from the Lloyd’s Register Maritime Decarbonisation Hub has found that early investment in a limited number of strategically positioned ports and export hubs could accelerate the availability …
MarineFifty, a sustainability-focused investment company, plans to establish a fund focused on suppliers of maritime energy-efficiency technologies, with Danish consultancy Njord appointed as technical adviser. The fund will target a …
DNV has issued two new recommended practices covering the use of hydrogen as a marine fuel and the transport of hydrogen through offshore pipelines. The documents, released this week, address …
EmissionLink, an emission scheme management specialist, revealed that around 90 per cent of its clients opted to pool compliance balances during the inaugural reporting cycle, covering more than 600 vessels. …
Bernhard Schulte has taken delivery of its first LCO2 carrier, Northern Purpose. The 7,500m3 vessel was christened at Dalian Shipbuilding Offshore in China on 19 May and will enter long-term …
Hapag-Lloyd and Scan Global Logistics are expanding their biofuel partnership through the integration of Hapag-Lloyd’s Ship Green programme into Scan Global Logistics’ portfolio of decarbonisation services. The extended arrangement provides …
Wah Kwong NatPower Holdings and Chu Kong Shipping Enterprises (Group) have signed a memorandum of understanding focused on the electrification of waterborne transport between Hong Kong and Guangdong. The agreement …
The Zero Emission Ship Technology Association (ZESTAs) formally launched the Global Liquid Hydrogen Alliance at the International Maritime Organization’s London headquarters. The alliance will support the deployment of liquid hydrogen …
DNV has sharply reduced its medium-term expectations for clean hydrogen deployment, citing weaker policy support and faster-than-expected electrification across parts of the global energy system. Yet the classification society still …
TA’ZIZ Methanol Company has secured $2bn in financing for the UAE’s first world-scale methanol plant, as methanol producers expand capacity aimed at chemicals markets and marine fuel supply. The financing, …
A new report from DNV forecasts global carbon capture volumes rising from 41mn tonnes of CO2 annually today to 1.3bn tonnes by 2050. However, DNV’s outlook warns that even this …
Norwegian companies Knutsen NYK Carbon Carriers (KNCC), Vår Energi CCS and Aker Solutions have signed a memorandum of understanding to collaborate on the development of the Trudvang carbon capture and …
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