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 […]
In Denmark, Maersk reports the global shipping industry will grapple with significant challenges in the next few months due to the ongoing disruptions in the Red Sea. Extended travel times and logistical bottlenecks across the world are due to several factors. First, congestion at key Asian ports is causing widespread delays and chokepoints, disrupting the […]
In Finland, GENA’s Project Navigator Methanol reports significant growth among 176 active renewable and low carbon methanol plants and projects including 97 e-methanol projects with a total capacity of 15.8 Mt, 67 biomethanol projects totaling 10.3 Mt, and 12 low-carbon methanol projects with an 8.1 Mt capacity. The primary growth in biomethanol capacities is anticipated […]
In North Carolina, Honeywell has announced its acquisition of Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction.Air Products’ LNG Business has approximately 475 employees with headquarters in Allentown, Pennsylvania and a 390,000-square-foot manufacturing facility in Port Manatee, Florida, where all sizes of coil-wound heat exchangers […]
In Singapore, LNG Prime reports Singapore’s LNG bunkering sales reached a new record of 51,662 metric tons in June. According to the report, this new record surpasses the previous records of 17,920 mt in June 2023 and 48,752 mt in May 2024. Throughout the first half of 2024, LNG bunkering volumes totaled 211,877 mt, marking […]
