In Denmark, Maersk announced their fleet renewal program continuation with the signing of newbuilding orders and time-charter contracts for 50-60 dual-fuel vessels capable of running on methanol or liquified bio-methane, totaling 800,000 TEU. The exact allocation of propulsion technologies will be determined based on future regulatory requirements and the availability of green fuels. This approach […]
In Sweden, ScanOcean and Vegoil have partnered to bunker B30-DMA fuel containing Swedish-produced Rapeseed Methyl Ester from Energifabriken at the port of Oskarshamn on the vessel “Key Fjord”. This collaboration aims to leverage RME as a renewable feedstock for marine fuel blends, marking a significant step toward sustainable shipping. The B30-DMA fuel, certified under ISCC-EU […]
In Oman, DEME and OQ have announced a partnership with bp for the HYPORT Duqm project, a major green hydrogen initiative in Oman where bp will acquire a 49% stake in the project, while OQ and DEME will each retain 25.5%. This collaboration will see bp becoming a key player in the green hydrogen project […]
In Singapore, TFG Marine, a marine fuel joint venture founded by Trafigura, Frontline, and Golden Ocean, has signed a long-term time charter agreement with Consort Bunkers for four newbuild methanol carriage-ready bunker tankers. The 6,500-dwt IMO type 2 tankers are being built by Merchants Jinling shipyard in Nanjing, China. Operated by Consort Bunkers for TFG […]
In Florida, Crowley announced they have taken delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, built by Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin. The Progress will enhance access to cleaner energy for ship operators at the Port of Savannah, Georgia, upon its final commissioning this month. […]
In the UK, Offshore Energy reports Avenir LNG has begun its first bioLNG delivery to Swedish ferry operator Destination Gotland, with the Avenir Aspiration, a dual-purpose, 7,500-cubic-meter LNG bunkering and supply vessel, at the Port of Visby, Sweden. The ISCC-certified bioLNG was produced in Europe and loaded at the Port of Zeebrugge, Belgium. Marcus Risberg, […]
In Finland, shipping operator Finnlines is evaluating plans for a €400-500 million Green Investment Programme for the Finland-Germany route, including investments in green technology and green fuel-powered vessels, aimed at lowering CO2 emissions and enhancing environmental performance. In February, Finnlines completed their €500 million Green Newbuilding Programme. This initiative introduced five new vessels equipped with […]
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 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 […]
