In China, at the North Bund Forum in Shanghai, the Hamburg Port Authority and the Port of Shanghai signed a memorandum of understanding to establish a green shipping corridor, aiming to decarbonize maritime transport between Europe and Asia. The agreement, announced during the three-day forum hosted by the Ministry of Transport and the Shanghai government, […]
In France, CMA CGM Group and SUEZ signed a memorandum of understanding to develop biomethane production facilities, aiming to decarbonize maritime transport in Europe, targeting production of up to 100,000 tonnes of biomethane per year by 2030. CMA CGM, headquartered in Marseille, is a global leader in shipping and logistics, committed to achieving Net Zero […]
In Singapore, bunker intelligence platform ENGINE reported a shrinking price gap between liquefied natural gas and biofuel blends in Singapore, driven by a sharp drop in Brent crude oil prices. Brent futures fell by $5.98/bbl over the week, easing supply concerns in the Middle East and exerting downward pressure on global fuel benchmarks. The narrowing […]
In Switzerland, marine power company WinGD introduced its X-DF-P engine option, offering marine operators the flexibility to run on both liquefied petroleum gas and ammonia, paving the way for vessels to adapt to changing fuel demands without major retrofits. While costs remain undisclosed, the innovative ‘pre-fit’ system targets vessels under construction for the expanding ammonia […]
In Germany, MAN Energy Solutions launched the €15 million AmmoniaMot 2 project, a research initiative aimed at developing a four-stroke, medium-speed ammonia-powered engine for maritime use. Building on the success of the initial AmmoniaMot project, this new phase seeks to enhance ammonia combustion technologies for shipping, supported by Germany’s Ministry for Economic Affairs and Climate […]
In Chile, Port Portal reports Nippon Yusen Kaisha in collaboration with Idemitsu Tanker, Iino Kaiun, and Nippon Shipyard, has announced the development of an environmentally friendly Very Large Crude Oil Carrier. This new vessel, the first Malacca Max-type VLCC in Japan to use methanol as a next-generation fuel, represents a significant step forward in green […]
In South Korea, HD Hyundai Heavy Industries has successfully developed the world’s first high-pressure direct injection ammonia dual-fuel engine, the ‘H22CDF-LA,’ receiving key certifications from major global classification societies. The engine, designed to run on carbon-free ammonia, was tested from September 30 to October 2, 2024, at HD HHI’s Engine Techno Center in Ulsan, South […]
In the Netherlands, Offshore Energy reports Singapore-based X-Press Feeders placed an order for six methanol-ready, scrubber-fitted containerships with Shanghai Waigaoqiao Shipbuilding in China, scheduled for delivery between Q3 2027 and Q4 2028. This latest order is part of X-Press Feeders’ fleet renewal strategy, aimed at enhancing eco-friendly operations. The 11,000 TEU containerships will be equipped […]
In the UAE, ADNOC completed its acquisition of a majority stake in Fertiglobe, raising its ownership to 86.2% and marking a pivotal moment in ADNOC’s ambition to become a global leader in low-carbon ammonia. As part of ADNOC’s plan to become a top global player in low-carbon fuels, Fertiglobe is set to expand its ammonia […]
In the Netherlands, Anthony Veder became the first company to install wind-assisted propulsion on a gas carrier, with the launch of two VentoFoils sails on its Ethylene carrier, Coral Patula. The sails, provided by Econowind, represent a significant step in the company’s effort to reduce its carbon footprint as it works towards achieving net-zero emissions […]
