This year's methanol-fueled boxship has seen a low ordering record, which is even lower than the orders of LNG and conventionally-fueled vessels. According to Alphaliner, shipbuilders around the world built 3.11m (264 ships) ..
Hanwha Ocean has signed a strategic partnership agreement with Singapore's Global Centre for Maritime Decarbonisation and agreed to cooperate on carbon neutrality. Global Centre for Maritime Decarbonisation is a non-profit or..
ABS has completed an industry-leading safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean. ABS, in collaboration with Hanwha Ocean, conducted computational fluid dyn..
Dalian Cosco KHI Ship Engineering (DACKS), a joint venture between China's Cosco Shipping and Japan's Kawasaki Heavy Industries, has made its entry into the MR tanker sector by securing an order from Taiping & Sinopec Fi..
Fujian Guohang Ocean Shipping, a Chinese shipping company, has decided to exercise option from a contract they signed in January with Wuhu Shipyard to build 4+6 89,000 dwt methanol-ready Kamsarmax bulkers. According to industry s..
On October 18, 2024, Wison New Energies (WNE) and Kumul Petroleum Holdings Limited (KPHL) officially signed a FLNG Pre-FEED contract. With an expected capacity of 1.5 MTPA, Papua New Guinea’s first FLNG is planned to be deploy..
Agalas and Eidesvik Offshore join forces to create the world’s first methanol-powered hybrid vessel for offshore wind and subsea operations. This collaboration has the potential to generate numerous new jobs for the green offs..
GT Wings recently announced that it has been awarded a £225,000 grant from the Department for Transport (DfT), United Kingdom Smart Shipping Acceleration Fund (SSAF). This funding will propel the company's #AirWing tech..
ClassNK granted its 'AFVC (Additional Fire-Fighting measures for Vehicle Carrier)' notations to 'TEXAS HIGHWAY', a car carrier operated by K LINE for vessels equipped with additional firefighting measures for transpo..
The number of eco-friendly vessels on operation or order reaches 8,710 in total as of the end of September 2024, up by 11.3% year-on-year. DNV has recently reports that scrubber-fitted vessels (5,452 units) make up the majority..
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