In France, LNG containment company GTT booked orders for 52 liquefied natural gas carriers in H1 2024 including 18 large-scale LNG vessels as part of QatarEnergy’s extensive shipbuilding initiative at China’s Hudong-Zhonghua shipyard. In its recent financial report, GTT detailed that these orders are scheduled for delivery between 2026 and 2031. The orders were split […]
In China, Yicai reports shares of Zhuoyue New Energy dropped 2.4% in Shanghai, marking a 40% decline this year, despite the company’s announcement of new biofuel investments in Singapore and Saudi Arabia. This move aims to mitigate the impact of the European Union’s new anti-dumping duties. Zhuoyue, a leading Chinese biodiesel producer, faces a 25.4% […]
In Houston, The American Bureau of Shipping has released an advisory to address the technical and operational challenges of ammonia bunkering, aiding the maritime industry’s shift to this promising fuel. Green ammonia, produced from renewable sources, offers a sustainable solution with greenhouse gas (GHG) emissions up to 91% lower than gray ammonia and 85% lower […]
In Norway, Corvus Energy announced its large-scale marine energy storage system, the Blue Whale ESS, has received Type Approval from Italian marine classification society RINA. This certification confirms the Blue Whale ESS’s compliance with RINA’s stringent rules for lithium battery systems. Designed for large vessels, including cruise ships and Service Operation Vessels, the Blue Whale […]
In Singapore, The Global Centre for Maritime Decarbonisation (GCMD) has completed its final biofuel blend supply chain trial with Hapag-Lloyd with an organic-based tracer supplied by Authentix to ensure the biofuel’s integrity. The tracer was detected at all sampling points, confirming its authenticity. The trial involved the bunkering of 4,500 MT of B30 marine biofuel […]
In the UAE, ADNOC Logistics and Services announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded contracts worth $1.9 billion to Jiangnan Shipyard for the construction of up to 13 new vessels. The order includes nine Very Large Ethane Carriers (VLECs) and four Very Large Ammonia Carriers (VLACs). The VLECs, with […]
In Florida, Carnival Corporation & plc, the world’s largest cruise company, has finalized an agreement with Italian shipbuilder Fincantieri to construct three new liquified natural gas (LNG)-powered ships for Carnival Cruise Line. Scheduled for delivery in 2029, 2031, and 2033, these vessels will mark a new class of ships, boosting Carnival’s LNG-powered fleet to 16 […]
In Korea, Business Korea reports the shipbuilding industry is experiencing a significant shift, with a rising preference for liquified natural gas (LNG) dual-fuel container ships over methanol-powered vessels. According to Clarkson Research, the first half of this year saw orders for 40 LNG dual-fuel container ships, double the 20 methanol dual-fuel ships ordered. This is […]
In Greece, Capital-Executive Ship Management Corp. took delivery of four new 2,862 TEU container vessels equipped with Alternative Marine Power, also know as ‘shore power’, SOx exhaust gas cleaning systems, and are configured for future liquified natural gas adaptation. Built by HD Hyundai Mipo Dockyard Co. Ltd. in South Korea, the vessels incorporate optimized hull […]
In France, green hydrogen producer Lhyfe announced a partnership with low-carbon molecule innovator Elyse Energy to produce e-methanol from green hydrogen for maritime transport within the Loire Estuary’s industrial and logistics port ecosystem. Lhyfe was selected by the Nantes Saint-Nazaire port authority to develop green hydrogen production and distribution at the authority’s 73 hectare Montoir-de-Bretagne […]
