Höegh Autoliners and China Merchants Group (CMG) have signed a contract to build six additional duel-fuel LNG, ammonia-ready Aurora Class vessels. As previously reported by ship.energy, the Oslo-headquartered shipowner, which has also secured an option for four additional vessels on the same terms as the four firm orders and reserved construction slots for a further four vessels, announced its intention to order the pure car and truck carriers (PCTCs) last month. As with the previous 9,100 CEU (car equivalent unit) Aurora Class vessels, the latest PCTCs will be built by China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) and delivered […]

H2SITE has secured €3.4 million in funding from Norway’s Enova for its HydraNord Power initiative to develop a commercial-scale onboard ammonia-to-power system for the maritime sector. Enova’s primary responsibility is to manage the Climate and Energy Fund on behalf of the Norwegian government. Led by H2SITE, HydraNord Power will convert ammonia into high-purity hydrogen directly onboard vessels. The system will produce up to one tonne of hydrogen per day and supply maritime fuel cells delivering 700 kW of net electrical power. H2SITE describes the new project as ‘a step-change in scale’ for the company for H2SITE as it builds on […]

The International Union of Marine Insurance (IUMI) has elected Sean M. Dalton to succeed Frédéric Denèfle as its new President. The election took place today (23 September) at a meeting of the IUMI Council in Rotterdam, during the association’s annual conference. Dalton, who is Executive Vice President and Head of Marine Underwriting, North America, for Munich Reinsurance America, Inc., was the sole nominee and will formally take up the presidency at the close of this year’s conference. He will serve a four-year term. ‘I am both honoured and humbled to be elected as President of this 152-year-old association. Marine insurance […]