# ship.energy
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ship.energy provides news, comment, and expert analysis centred on shipping's energy transition.
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## Posts
- [All news](https://ship.energy/all-news/): ship.energy provides the latest news, expert insights, and analysis centred on shipping's energy transition, decarbonisation efforts, and fuel innovation.
- [‘Ethanol shows an encouraging level of technical usability in shipping’ – MMMCZCS](https://ship.energy/information/ethanol-shows-an-encouraging-level-of-technical-usability-in-shipping-mmmczcs/): A new report by Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has found that ethanol ‘shows an encouraging level of technical usability in shipping’, while the overall use case of ethanol-marine gas oil (MGO) blends in retrofitted conventional engines could be ‘commercially attractive under certain conditions’. The new report, ‘Ethanol as a marine
- [‘World’s first ammonia-powered dry bulk vessel’ sets sail on maiden voyage to Australia](https://ship.energy/energy/worlds-first-ammonia-powered-dry-bulk-vessel-sets-sail-on-maiden-voyage-to-australia/): CMB.TECH has announced that the Mineral Europa – billed as ‘the world’s first ammonia-powered dry bulk vessel’ – has successfully completed its sea trials and has set sail on its maiden voyage to Australia. In a noticed posted on LinkedIn today (9 October), CMB.TECH said that the Mineral Europa ‘marks the beginning of what can
- [Power LNG secures approval for lease and development of LNG facility in Texas](https://ship.energy/information/power-lng-secures-approval-for-lease-and-development-of-lng-facility-in-texas/): The Galveston Wharves has approved a lease and development agreement with Power LNG LLC for a 30-acre site on Pelican Island, on the deep-water Galveston Harbor in Texas, where the company plans to build a small-scale LNG production, storage and fuel bunkering facility. According to a statement issued earlier this week (8 October) by The
- [Viking Energy edging closer to first ammonia bunkering](https://ship.energy/energy/viking-energy-edging-closer-to-first-ammonia-bunkering/): Platform supply vessel (PSV) Viking Energy has moved one step closer to receive its first ammonia bunkers. As previously reported by ship.energy, the LNG-powered vessel is being converted to run on ammonia as part of the Apollo-project, co-funded by the EU’s Horizon Europe programme and led by Maritime CleanTech. In a statement issued on Wednesday
- [Dual-fuelled LNG carrier delivered at Yangzijiang shipyard ](https://ship.energy/energy/dual-fuelled-lng-carrier-delivered-at-yangzijiang-shipyard/): The Yangze LNG 01, a 175,000 cubic metre (cbm) capacity Mark III Flex membrane‑type LNG carrier built by Yangzijiang Xinfu Shipbuilding in China, has been officially delivered. In a statement issued yesterday (8 October), Bureau Veritas Marine & Offshore (BV) – which provided classification services and technical support for the ship’s construction – said that
- [Launch of new wind-powered shipping research project](https://ship.energy/energy/launch-of-new-wind-powered-shipping-research-project/): Wallenius Marine, together with KTH, RISE and AlfaWall Oceanbird, is launching a new research project aimed at building new knowledge on how vessels can be designed to better harness the potential of modern wind propulsion systems. Supported by the Swedish Energy Agency, the project, WinPrOVeDD (Wind Propulsion Oriented Vessel Deck Design), will investigate how vessel
- [EMSA contracts Peninsula vessel for oil spill response operations](https://ship.energy/information/emsa-contracts-peninsula-vessel-for-oil-spill-response-operations/): Peninsula’s PANAMA 100 product tanker will join the European Maritime Safety Agency’s (EMSA) network of stand-by oil spill response vessels in the Canary Islands for a four-year term. Announcing the contract, Peninsula said it followed more than a year of preparation. The PANAMA 100 will continue her normal commercial operations while remaining available to support
- [NYK funding investments in LNG shipping with new transition bond issue](https://ship.energy/energy/nyk-funding-investments-in-lng-shipping-with-new-transition-bond-issue/): Japan’s NYK has announced that it plans to issue transition bonds this month to fund projects aligned with its ‘Sail Green, Drive Transformations’ management plant. In a statement issued today (9 October), NYK said that: ‘These projects emphasise long-term transition strategies that contribute to decarbonization, including investments in LNG-fuelled vessels.’ This will be NYK’s seventh
- [Alkagesta seals first TTS bunkering operation in Constanța](https://ship.energy/energy/alkagesta-seals-first-tts-bunkering-operation-in-constanta/): Commdity trader Alkagesta has announced it has completed its first truck-to-ship bunkering operation in the Romanian port of Constanța. The operation saw two trucks deliver a total of 50.164 metric tonnes of marine gasoil (MGO) last Friday (2 October). The company did not disclose the receiving vessel. ‘The Constanța operation adds truck-to-vessel delivery to Alkagesta’s
- [SLNG starts construction on third jetty for Jurong Island LNG terminal](https://ship.energy/energy/slng-starts-construction-on-third-jetty-for-jurong-island-lng-terminal/): Singapore LNG Corporation Pte Ltd held a groundbreaking ceremony today (9 October) to mark the start of construction works for its third jetty at the SLNG Terminal on Jurong Island. The new jetty will accommodate LNG carriers ranging in capacity from 5,800 cubic metres (cbm) to 80,000 cbm . It will complement the existing infrastructure
- [“K” LINE LNG bunker vessel marks 200th STS refuelling operation](https://ship.energy/energy/k-line-lng-bunker-vessel-marks-200th-sts-refuelling-operation/): The LNG bunkering vessel Kaguya, the first LNG bunkering vessel to operate in Japan, has now undertaken 200 ship-to-ship fuel deliveries in Mikawa Bay in Japan. Kaguya is operated by Central LNG Shipping Japan Corporation and Central LNG Marine Fuel Japan Corporation, which are joint venture companies in which Kawasaki Kisen Kaisha (“K” LINE), JERA
- [Battery-powered fleet numbers 2,000+ commercial vessels](https://ship.energy/energy/battery-powered-fleet-numbers-2000-commercial-vessels/): Data from the Maritime Battery Forum (MBF) Ship Registry shows that the number of vessels in operation and on order which feature battery installations now exceeds 2,000 and represents 2.4 GWh of battery capacity. According to the MBF, 68% of these vessels operate as hybrids, using a battery in combination with another energy source such
- [TFG Marine announces another MFM installation on a US Gulf bunker tanker](https://ship.energy/energy/tfg-marine-announces-another-mfm-installation-on-a-us-gulf-bunker-tanker/): TFG Marine has announced that an ISO 22192-certified mass flow meter (MFM) system has been installed on the bunker tanker Storholmen. In a notice posted on LinkedIn yesterday (6 October), TFG noted that this marks the third installation for its US Gulf Coast fleet in less than two months, following the Buffalo B414 and Buffalo
- [HD Hyundai Marine Solutions agrees to acquire Goltens Worldwide](https://ship.energy/information/hd-hyundai-marine-solutions-agrees-to-acquire-goltens-worldwide/): HD Hyundai Marine Solutions has agreed terms to buy Goltens Worldwide, a company which provides engine and turbine services, machining and energy control solutions, and environmental and sustainability compliance solutions. The parties did not disclose a transaction value, but the deal is expected to close in the late fourth quarter of 2026 or early first
- [GTT receives AiPs from LR and BV for membrane LNG fuel tanks](https://ship.energy/information/gtt-receives-aips-from-lr-and-bv-for-membrane-lng-fuel-tanks/): France-headquartered GTT has announced that it has received Approvals in Principle (AiPs) from Bureau Veritas (BV) and Lloyd’s Register (LR) for the operation of its membrane LNG fuel tanks at pressures of up to 2 bar gauge (barg). In a statement issued on LinkedIn today (8 October), GTT said the tanks would enable LNG bunkering
- [Panama Canal expects more than 220 transits in upcoming cruise season](https://ship.energy/information/panama-canal-expects-more-than-220-transits-in-upcoming-cruise-season/): As the 2026-207 cruise season got underway yesterday (7 October) with the Carnival Miracle beginning its northbound passage through the Miraflores Locks, the Panama Canal Authority announced that it is expecting more than 220 transit over the period. In a statement issued yesterday, the Authority said that Norwegian Cruise Line, Carnival Cruise Line, and Royal
- [India-EU GSC Coalition formally launched at Sagarmanthan 2026 ](https://ship.energy/information/india-eu-gsc-coalition-formally-launched-at-sagarmanthan-2026/): The Industry Coalition driving the implementation of the India-EU Green Shipping Corridor (GSC) was formally launched yesterday (7 October) at Sagarmanthan: The Great Oceans Dialogue, which the Ministry of Ports, Shipping and Waterways (MoPSW) is hosting in Delhi. In a statement issued yesterday, the MoPSW said that, following the launch of a pre-feasibility study in
- [Alfa Laval grows alternative fuel portfolio alongside legacy solutions](https://ship.energy/information/alfa-laval-grows-alternative-fuel-portfolio-alongside-legacy-solutions/): Alfa Laval’s commitment to the energy transition remains steadfast, even if the picture is less clear at a global regulatory level. The company’s focus is increasingly on developing new technologies that encourage the uptake of alternative fuels, whilst at the same time continuing to meet business demand for its existing solutions for conventional bunker fuels,
- [Peninsula wraps up first LNG bunkering in Sagunto](https://ship.energy/energy/peninsula-wraps-up-first-lng-bunkering-in-sagunto/): Marine energy supplier Peninsula has announced it has completed its first LNG bunkering at the Spanish Port of Sagunto. The operation, which took place in mid-September, saw the Levante LNG, the 12,000 cubic metre (cbm) LNG bunkering vessel that is jointly owned by Peninsula and Enagás subsidiary Scale Gas, deliver LNG to car carrier Thor
- [Cargill puts port call optimisation solutions to the test, demonstrates emissions savings](https://ship.energy/information/cargill-puts-port-call-optimisation-solutions-to-the-test-demonstrates-emissions-savings/): Cargill Ocean Transportation (Cargill) has looked at alternative approaches to the long-held industry practice of ‘sail fast then wait’ in relation to port calls and, as a new report from the Global Maritime Forum (GMF) sets out, the results of the Cargill initiative showed ‘meaningful emissions savings’ across a range of operational and commercial settings.
- [Integr8 Fuels: Global bunker fuel quality ‘broadly stable’ – but with ‘increasing variability’ at port level](https://ship.energy/information/integr8-fuels-global-bunker-fuel-quality-broadly-stable-but-with-increasing-variability-at-port-level/): The latest biannual Bunker Quality Trends Report from Integr8 Fuels has found that overall global marine fuel quality ‘remains broadly stable’ – but warned that this is ‘masking significant differences between ports, supply chains and fuel characteristics’, as ‘changes in crude flows, refinery slates and regional supply pools are contributing to more localised quality exposure’.
- [LLI adds AIS spoofing detection capability to its Seasearcher platform](https://ship.energy/information/lli-adds-ais-spoofing-detection-capability-to-its-seasearcher-platform/): Lloyd's List Intelligence (LLI) says that the new Satellite Confirmed Spoofing capability that it has launched on its Seasearcher platform combines AIS spoofing detection with automatic satellite imagery validation to identify deceptive vessel behaviour. In a statement sent to ship.energy today (7 October), Arne Staal, Chief Research Officer at Lloyd's List Intelligence, said: ‘Deceptive shipping
- [AYK Energy lands Kongsberg Maritime electric tug deal](https://ship.energy/technology/ayk-energy-lands-kongsberg-maritime-electric-tug-deal/): AYK Energy has secured a deal with Kongsberg Maritime to supply batteries for four new fully electric Svitzer TRAnsverse tugs. The deal, announced yesterday (6 October), builds on five previous Svitzer hybrid electric tug projects AYK has worked on. The vessels are being built at the Cochin Shipyard in India and each tug will be
- [CIP marks first investment in Italian biomethane market](https://ship.energy/information/cip-marks-first-investment-in-italian-biomethane-market/): Copenhagen Infrastructure Partners (CIP), through its Advanced Bioenergy Fund II (ABF II), has taken a Final Investment Decision on the Via Verde Italian biomethane platform, which comprises a development pipeline of 20 projects strategically located across Italian regions, including Lombardy, Abruzzo, and Campania. ABF II invests primarily in the development, construction, and operation of biogas
- [Bill looking to strengthen MPA’s powers introduced in Singapore Parliament](https://ship.energy/information/bill-looking-to-strengthen-mpas-powers-introduced-in-singapore-parliament/): A new Bill which aims to strengthen the Maritime and Port Authority of Singapore’s (MPA) regulatory framework and its powers over licensees received its first reading in the Singapore Parliament yesterday (6 October). In a statement issued yesterday, the MPA said the Bill would amend the current legislation by establishing a ‘comprehensive framework’ for licensing companies
- [Blaze Energy closes $6.5 million seed financing round](https://ship.energy/energy/blaze-energy-closes-6-5-million-seed-financing-round/): Blaze Energy has announced the closing of a $6.5 million seed financing round that the Denver-based technology company says will advance its Flex-Fuel Reformer System. The round was led by Propeller Ventures and Catalyzer Ventures while Safar Partners, SOSV, Desai Ventures, and Cartography Capital also participated, Blaze Energy said in a statement issued yesterday (6
- [Wärtsilä signs service agreement for new TMS Cardiff Gas dual fuel carriers](https://ship.energy/energy/wartsila-signs-service-agreement-for-new-tms-cardiff-gas-dual-fuel-carriers/): Technology group Wärtsilä has signed a five-year service agreement with Greece-based operator TMS Cardiff Gas for the recently delivered dual fuel 174,000-cubic metre (cbm) LNG carriers, Al Thurayya and Al Majhoulah. The order was booked by Wärtsilä in Q3 2026. The new agreement builds on the continuing relationship between Wärtsilä and TMS Cardiff Gas, following
- [TMC to equip two EPS ammonia carriers with marine compressed air systems](https://ship.energy/energy/tmc-to-equip-two-eps-ammonia-carriers-with-marine-compressed-air-systems/): Norway-based TMC Compressors (TMC) has announced it has been chosen by Jiangnan Shipyard to deliver marine compressed air systems to two very large ammonia carriers (VLACs) that are being built for Eastern Pacific Shipping (EPS). Under the contract, TMC will deliver a complete marine compressed air system, including compressors for both control and service air,
- [DNV appoints new Head of its Miami Cruise Center](https://ship.energy/information/dnv-appoints-new-head-of-its-miami-cruise-center/): Océane King has returned to DNV after seven years at Royal Caribbean Group to head up the classification society’s Miami Cruise Center. In a statement issued yesterday (6 October), DNV said that in her new role King will work with cruise customers and industry partners across technical, environmental and operational topics. In her first stint
- [SFL Corporation to build two Very Large Ammonia Carriers](https://ship.energy/information/sfl-corporation-to-build-two-very-large-ammonia-carriers/): SFL Corporation has announced that it will build two 93,000 cubic metre (cbm) Very Large Ammonia Carriers, capable of carrying a wide range of petrochemical gases. Ole B. Hjertaker, CEO of SFL Management AS, confirmed to ship.energy today (6 October) that the vessels will be dual fuel propulsion and ‘capable of running on multiple fuels
- [RINA and PTT sign ‘innovation and decarbonisation’ MoUs](https://ship.energy/energy/rina-and-ptt-sign-innovation-and-decarbonisation-mous/): RINA and Thailand’s national energy company PTT have signed two Memoranda of Understanding (MoUs) which will establish frameworks for research and collaboration across the maritime and energy sectors. Under the MoUs, RINA Consulting will provide engineering consultancy expertise, while RINA Services will operate in the field of certification, verification, assurance and classification Potential opportunities for
- [Osprey Energy appoints new MD, Alternative Fuels](https://ship.energy/energy/osprey-energy-appoints-new-md-alternative-fuels/): Netherlands-based Osprey Energy has announced the appointment of Barend van Schalkwyk as its new Managing Director, Alternative Fuels. ‘With deep experience in alternative marine fuels, bunkering and EU maritime regulation, Barend will lead our work building low-carbon and alternative fuel solutions for our partners,’ the company said in a social media post today (6 October).
- [TT-Line and Viking Line team up to establish new Finland-Estonia service](https://ship.energy/policy/regional/tt-line-and-viking-line-team-up-to-establish-new-finland-estonia-service/): Germany-based TT-Line and Finland’s Viking Line have entered into a Joint Operation Agreement (JOA) to establish a new ferry service operating between Vuosaari, near Helsinki, and Muuga, marking the former’s entry into the ferry market between Finland and Estonia. The parties intend to operate the route within the framework of a joint operation without establishing
- [Naming ceremony for MISC’s next dual fuel LNG carrier earmarked for Qatar Energy charter](https://ship.energy/energy/naming-ceremony-for-miscs-next-dual-fuel-lng-carrier-earmarked-for-qatar-energy-charter/): A naming ceremony was held today (6 October) at Samsung Heavy Industries in South Korea for Malaysian MISC Group’s dual fuel LNG carrier, Th'ailib, which is the first of three carriers which will go on long-term charter to Qatar Energy. Th'ailib’s charter to Qatar Energy is scheduled to begin this year for an agreed term
- [LR gives approval in principle to GasEntec for FSRU that could be 'among the world's largest' once delivered](https://ship.energy/information/lr-gives-approval-in-principle-to-gasentec-for-fsru-that-could-be-among-the-worlds-largest-once-delivered/): Lloyd's Register (LR) has awarded Approval in Principle (AiP) to GasEntec for a liquefied natural gas (LNG) floating storage and regasification unit (FSRU) that it says could be 'among the world's largest FSRUs by send-out capacity' once delivered. According to a statement issued by LR today (6 October), GasEntec's FSRU is designed to deliver up
- [Perpetual Next and Lhyfe team up on hydrogen supply for Dutch biomethanol plant](https://ship.energy/energy/perpetual-next-and-lhyfe-team-up-on-hydrogen-supply-for-dutch-biomethanol-plant/): Under the scope of a new Memorandum of Understanding, up to 12,000 tonnes of green hydrogen per year could be locally produced by Lhyfe to supply Perpetual Next’s planned DeltaNor biomethanol facility in Delfzijl in the Netherlands. French company Lhyfe already has four installed production sites in Europe, and this should rise to six by
- [Wärtsilä to supply 36 dual fuel engines for CMA CGM’s 18,000 TEU boxship newbuilds](https://ship.energy/energy/wartsila-to-supply-36-dual-fuel-engines-for-cma-cgms-18000-teu-boxship-newbuilds/): Finnish technology company Wärtsilä has been selected by CMA CGM to supply the engines for the container shipping group’s 12 new 18,000 TEU (twenty-foot equivalent unit) boxships that are being built at the Jiangnan Shipyard in China. Wärtsilä will supply a total of 36 Wärtsilä 34DF dual fuel engines, delivered through its joint venture company CWEC (Shanghai)
- [Blue Energy Partners secures ‘double-digit million-dollar’ financing](https://ship.energy/energy/blue-energy-partners-secures-double-digit-million-dollar-financing/): Copenhagen-headquartered Blue Energy Partners has announced it has secured new ‘double-digit million-dollar’ external financing with two global partners. The agreements cover vessel financing, which will strengthen the company’s physical operations, and trade finance and working capital, which will provide additional capacity to accelerate the company’s international trading activities, Blue Energy Partners said in a statement
- [DNV awards type approval for Corvus Energy’s Blue Whale NxtGen battery system](https://ship.energy/technology/dnv-awards-type-approval-for-corvus-energys-blue-whale-nxtgen-battery-system/): Corvus Energy has announced that classification society DNV has granted Type Approval to its Blue Whale NxtGen Energy battery system in both air-cooled and liquid-cooled configurations. In a statement sent to ship.energy yesterday (5 October), Corvus Energy said that the type approval confirms that Blue Whale NxtGen Energy meets DNV's requirements for safety, quality and
- [Demeter Energy secures feedstock agreement for its SeaPort Manatee biomethanol plant](https://ship.energy/information/demeter-energy-secures-feedstock-agreement-for-its-seaport-manatee-biomethanol-plant/): Demeter Energy has informed ship.energy that the Veransa Group is set to be the primary supplier of urban wood and green waste feedstock for its planned commercial-scale biomethanol and carbon capture facility at SeaPort Manatee in Florida. In a statement sent to ship.energy yesterday (6 October), Demeter said that Veransa will provide up to 325,000
- [Demeter Energy reveals plans for Florida biomethanol facility](https://ship.energy/energy/demeter-energy-reveals-plans-for-florida-biomethanol-facility/): US-based Demeter Energy has announced that it is advancing plans to develop a biomethanol production and carbon capture facility at Port Manatee near Bradenton, Florida. In a notice posted on LinkedIn yesterday (15 September), the company’s Founder and CEO Thomas Walklett said that the facility will convert sustainably sourced wood waste and green waste into
- [Duo looking to bring B100 biofuel to Qatar](https://ship.energy/energy/duo-looking-to-bring-b100-biofuel-to-qatar/): Sustainability and energy consultancy Kingdom Konsult of Qatar (KK) has entered into an exclusive strategic partnership with The Biofuel Company of Saudi Arabia (TBFCO) to bring B100 biofuel to the State of Qatar. KK will take the lead in market development and stakeholder engagement, while TBFCO will provide the B100 supply, technical expertise, certifications, product
- [PM Energies appoints Bunker Trader in Singapore](https://ship.energy/energy/pm-energies-appoints-bunker-trader-in-singapore/): Marine fuel trader PM Energies has announced the appointment of Singapore-based Bunker Trader Jessie Ng. ‘With over a decade of hands-on experience in the bunker industry and global shipping markets, she brings expertise in negotiating competitive deals, advising on fuel procurement, and building strong relationships with clients and suppliers,’ PM Energies said in a social
- [Wagenborg opts for Wärtsilä’s fuel-flex main engines for EasyMax 2.0 vessels](https://ship.energy/energy/wagenborg-opts-for-wartsilas-fuel-flex-main-engines-for-easymax-2-0-vessels/): Netherlands-based Wagenborg has announced it has signed an agreement with Wärtsilä for the delivery of four fuel-flex marine engines. The engines are intended for the Wagenborg’s six EasyMax 2.0 vessels, the company said in a statement on Friday (2 October). Construction on the vessels started last year at Royal Niestern Sander shipyard in Delfzijl, Netherlands.
- [Hapag-Lloyd completes its first SIMOPS biomethanol bunkering in Busan, South Korea](https://ship.energy/information/hapag-lloyd-completes-its-first-simops-biomethanol-bunkering-in-busan-south-korea/): Hapag-Lloyd has completed its first simultaneous operations (SIMOPS) bunkering of ISCC-EU certified biomethanol in Busan, South Korea. According to a statement posted on LinkedIn today (5 October), the fuel was produced at Goldwind’s integrated facility in Hinggan League, China, and delivered to the Seaspan Amazon container ship through an international supply chain. The plant's ISCC
- [Chris Morgan moves on to Bunker Partner](https://ship.energy/information/chris-morgan-moves-on-to-bunker-partner/): Credit specialist Chris Morgan, most recently Credit Manager at Shipergy, has taken up a new role as Group Risk Officer at Bunker Partner FZCO, based in Dubai. As previously reported by ship.energy, at the end of September Propeller Fuels announced its acquisition of Shipergy, the tech-led bunker trading company launched in 2022 as part of
- [Japan targets Russian shadow fleet with its first sanctions against vessels](https://ship.energy/information/japan-targets-russian-shadow-fleet-with-its-first-sanctions-against-vessels/): Japan’s announcement on 2 October of new sanctions against Russian entities, individuals and 35 ships in relation to the Ukraine conflict marks the first time that the country has sanctioned vessels. The new measures were introduced under Japan’s Foreign Exchange and Foreign Trade Act, with a total of 33 entities and 9 individuals listed in
- [MD Peter Ståhlberg bows out at Wasaline](https://ship.energy/information/md-peter-stahlberg-bows-out-at-wasaline/): Peter Ståhlberg, who has led the Finnish ferry company Wasaline for 13 years and who had a pivotal role in the development of the hybrid vessel Aurora Botnia, is stepping down as Managing Director for health reasons. Announcing his decision to leave his post, Ståhlberg said: ‘After developing an illness this summer that has limited
- [Climate Ethanol Alliance calls for tougher fraud safeguards within Sustainable Fuel Certification Schemes guidelines](https://ship.energy/information/climate-ethanol-alliance-calls-for-tougher-fraud-safeguards-within-sustainable-fuel-certification-schemes-guidelines/): The Climate Ethanol Alliance has issued a new discussion note welcoming progress on the draft IMO Guidelines on Requirements and Procedures for the Recognition of Sustainable Fuel Certification Schemes (SFCS), while calling for the 'enforcement gap' within them to be closed in the next stage of work. New perspectives from the global ethanol partnership come
- [Acta Marine christens new methanol-powered CSOV Acta Hercules](https://ship.energy/energy/acta-marine-christens-new-methanol-powered-csov-acta-hercules/): Acta Marine held a christening ceremony in Rotterdam last week for its new methanol dual-fuelled commissioning service operation vessel (CSOV) Acta Hercules. Delivered earlier this year as the second vessel in Acta Marine’s four-vessel newbuild CSOV programme, Acta Hercules is currently deployed under a long-term charter supporting offshore wind operations for Vestas. The Acta Hercules
- [Alfa Laval to fully integrate Desmet](https://ship.energy/energy/alfa-laval-to-fully-integrate-desmet/): Alfa Laval has announced that it is beginning the process of fully integrating Desmet, which specialises in process engineering solutions for the oils, fats and biofuel industries. As previously reported by ship.energy, Alfa Laval completed the acquisition of Desmet in 2022. The company continued to operate as a separate entity. In a statement issued today (5
- [UKMTO reports vessel witnessing ‘multiple explosions’ off Yemen](https://ship.energy/information/ukmto-reports-vessel-witnessing-multiple-explosions-off-yemen/): Further strikes against shipping in the Strait of Hormuz have been reported in the past two days, and the United Kingdom Maritime Trade Operations (UKMTO) Centre has also signalled that a tanker witnessed multiple explosions close to the vessel on 4 October whilst 60 nautical miles south of Al Mukha, a port city on the
- [KOTUG buys majority stake in Vortex Offshore](https://ship.energy/information/kotug-buys-majority-stake-in-vortex-offshore/): KOTUG International B.V. has acquired a majority stake in Dubai-based offshore maritime services provider Vortex Offshore. Vortex Offshore operates a fleet of 11 offshore vessels in the region, with four offshore vessels under construction, to support its offshore energy, marine transportation, towage and other activities throughout the Middle East. Vortex Offshore will continue to operate
- [Trafigura’s Volare Shipping starts trading on Euronext Growth Oslo](https://ship.energy/information/trafiguras-volare-shipping-starts-trading-on-euronext-growth-oslo/): Trafigura reports that Volare Shipping Ltd – the company which it has set up to own and operate a fleet of tankers – has started trading today (5 October) on Euronext Growth Oslo under the ticker ‘VLCC’. To mark the occasion, Volare Shipping's management team today rang the opening bell at Euronext Growth Oslo. As
- [SOHAR Port and Freezone announces transition to new CEO](https://ship.energy/information/sohar-port-and-freezone-announces-transition-to-new-ceo/): Dr. Raid Al Rubaiey will succeed Emile Hoogsteden as CEO of SOHAR Port and Freezone with effect from 11 October. SOHAR Port and Freezone is a joint venture between the Port of Rotterdam Authority N.V. and the Sultanate of Oman (ASYAD Group), and Dr. Al Rubaiey, who currently serves as Deputy CEO of SOHAR Port
- [Glander promotes Rune Kongstein to newly created European role](https://ship.energy/energy/glander-promotes-rune-kongstein-to-newly-created-european-role/): Glander International Bunkering has announced it has promoted Rune Kongstein to Commercial Director, Europe. In a statement issued today (5 October), the marine fuel trader said the newly created role reflects the company’s strategy of bringing its European commercial activities closer together under a unified leadership structure, connecting its operations in Norway, Switzerland and Spain.
- [BlackCoral Energy appoints Senior Bunker Trader in Dubai](https://ship.energy/energy/blackcoral-energy-appoints-senior-bunker-trader-in-dubai/): Marine fuels supplier BlackCoral Energy has announced the appointment of Senior Bunker Trader Rune Jensen to its Dubai office. In a social media post today (5 October), BlackCoral Energy highlighted that Jensen brings ‘brings several years of experience’ in bunker trading and the marine fuel industry, combined with ‘extensive knowledge of international bunker markets.’ According
- [Gunvor rebrands to Centalion; redomiciling corporate HQ to Singapore](https://ship.energy/energy/gunvor-rebrands-to-centalion-redomiciling-corporate-hq-to-singapore/): Commodities trading group Gunvor has rebranded to Centalion and has announced its intention to redomicile its corporate headquarters from Cyprus to Singapore. In a statement issued on Friday (2 October), Centalion said rebranding ‘marks the next stage in the natural evolution of the business’ following the completion of a management buyout last December which saw
- [NGOs welcome court judgment on methane slip threshold in EU Taxonomy](https://ship.energy/information/ngos-welcome-court-judgment-on-methane-slip-threshold-in-eu-taxonomy/): A new EU General Court ruling could pave the way for a quantifiable limit for methane slippage emissions within EU Taxonomy regulations, according to Opportunity Green. The EU’s GC has delivered its judgement in a case brought by three environmental NGOs. It found that, while the European Commission (EC) did not need to define the
- [Bill looking to overturn California’s shore power regulations won’t be heard in Senate until after midterm elections](https://ship.energy/technology/bill-looking-to-overturn-californias-shore-power-regulations-wont-be-heard-in-senate-until-after-midterm-elections/): The US Senate went into recess on Wednesday (30 September) without having held a vote on the bill which is aiming to overturn the California’s Commercial Harbor Craft waiver. In an email sent to ship.energy yesterday (1 October), climate NGO Pacific Environment noted that this means the bill will not be heard until after the
- [New UK sanctions against Russia include measures targeting ‘LNG shadow fleet vessels’ and bunker tankers](https://ship.energy/energy/new-uk-sanctions-against-russia-include-measures-targeting-lng-shadow-fleet-vessels-and-bunker-tankers/): The UK government has announced a new package of 31 sanctions against Russia – which include sanctions against what it describes as ‘LNG shadow fleet vessels’, as well as tankers that are alleged to have provided them with fuel. In a statement issued yesterday (1 October), the UK government said that latest sanctions package comprises
- [Höegh Autoliners plugs into shore power in Europe for first time](https://ship.energy/technology/hoegh-autoliners-plugs-into-shore-power-in-europe-for-first-time/): Oslo-listed Höegh Autoliners has announced it has plugged into shore power in Europe for the first time. The operation saw the 2026-built pure car and truck carrier (PCTC) Höegh Starlight – the seventh in the company’s 12-strong Aurora-Class series of vessels - hook up to onshore electricity in Zeebrugge, Belgium, the company said in a
- [Eni extends discount on fishing diesel](https://ship.energy/information/eni-extends-discount-on-fishing-diesel/): Italy’s Eni is extending the price reduction on the fuels marketed by its subsidiary Enilive to the agricultural and fishing sectors until the end of this month. In a statement issued today (2 October), Eni said that the discount – which is 20% net of VAT – ‘may be extended until the end of the
- [MOL Ocean Bulk and Vale ink 25-year contract for tri-fuel ore carrier pair](https://ship.energy/energy/mol-ocean-bulk-and-vale-ink-25-year-contract-for-tri-fuel-ore-carrier-pair/): MOL Ocean Bulk Pte., which operates Mitsui O.S.K. Lines’ (MOL) overseas Capesize bulker business, has signed a 25-year contract with Vale International S.A. to transport iron ore using two vessels equipped with tri-fuel propulsion systems. Capable of running on ethanol, methanol, and conventional heavy fuel oil, the 210,000-metric-tonne ore carriers are scheduled for delivery in
- [ScanOcean makes senior appointment at Gothenburg office](https://ship.energy/energy/scanocean-makes-senior-appointment-at-gothenburg-office/): Marine fuels supplier and trader ScanOcean has announced the appointment of Lars Malmbratt as Senior Commercial Manager. Malmbratt will be based at the company’s Gothenburg office, ScanOcean said in a statement sent to ship.energy today (2 October). Malmbratt joins from Stena Bulk where he served as Bunker Procurement Manager from 2012. Prior to that, he
- [New LNG-powered cruise vessel MSC World Atlantic floats out at French shipyard](https://ship.energy/information/new-lng-powered-cruise-vessel-msc-world-atlantic-floats-out-at-french-shipyard/): The new LNG-powered cruise ship MSC World Atlantic has touched the water for the first time after its float out at Chantiers de l'Atlantique shipyard in Saint-Nazaire, France. In a statement issued yesterday (30 September), MSC Cruises said that the vessel will soon become the 25th ship in the MSC Cruises fleet, and the fourth
- [EST-Floattech to supply battery system for Marco Polo Marine's CSOV newbuild](https://ship.energy/technology/est-floattech-to-supply-battery-system-for-marco-polo-marines-csov-newbuild/): Netherlands-based EST-Floattech has announced it has been contracted by Siemens Energy to supply the battery system for a new commissioning service operation vessel (CSOV) for Marco Polo Marine. The ‘CSOV Plus’ vessel is being built at Marco Polo Marine’s shipyard in Batam Indonesia, with Siemens Energy acting as system integrator for the vessel's hybrid power
- [Singapore and Brunei maritime authorities strengthen ties](https://ship.energy/information/singapore-and-brunei-maritime-authorities-strengthen-ties-2/): The Maritime and Port Authority of Singapore (MPA) and the Maritime and Port Authority of Brunei Darussalam (MPABD) have signed a Memorandum of Understanding (MOU) that will see them enhance maritime and port cooperation. The MoU was signed on the sidelines of the 12th Singapore-Brunei Young Leaders’ Programme on Monday (28 September) held this week.
- [Fourth LNG storage tank at Gate terminal commissioned today](https://ship.energy/energy/fourth-lng-storage-tank-at-gate-terminal-commissioned-today/): The construction of Gate terminal’s fourth LNG tank has been completed and bunkering operations at Jetty 4 are on course for a 2028 startup As previously reported by ship.energy, the decision was made to build an additional tank, which has a storage capacity of 180,000 cubic metres (cbm) of LNG, partly as a response to
- [Volare Shipping allots new shares, readies for first day of trading](https://ship.energy/information/volare-shipping-allots-new-shares-readies-for-first-day-of-trading/): Volare Shipping, the new oil tanker shipping company established by commodity trader Trafigura, has completed the private placement of 30,698,864 new shares, and the first day of share trading on Euronext Growth Oslo is expected to be ‘on or around’ 5 October. In a statement issued today, Volare Shipping said its new issued and paid-up
- [IINO Lines and Mizuho Bank agree transition loan for LPG dual-fuel VLGC](https://ship.energy/energy/iino-lines-and-mizuho-bank-agree-transition-loan-for-lpg-dual-fuel-vlgc/): Japan’s Mizuho Bank has arranged for a transition loan to finance IINO Lines’ acquisition of the LPG dual fuel LUMI AURORA very large gas carrier (VLGC) as part of the shipping company’s Green Transition Finance Framework. A transition loan is designed to fund corporate projects that contribute towards decarbonisation and a lower carbon economy. The
- [Waterborne TP finalises Technology Roadmaps](https://ship.energy/technology/waterborne-tp-finalises-technology-roadmaps/): Europe’s Waterborne Technology Platform (TP) has this week finalised its suite of Technology Roadmaps which aim to support research and development (R&D) across the innovation chain and contribute to the objectives of the European Union’s Industrial Maritime Strategy and Ports Strategy. There are nine Technology Roadmaps covering the various sectors of the European waterborne sector:
- [Monthly alternative-fuelled vessel orders hit near 2-year high](https://ship.energy/energy/monthly-alternative-fuelled-vessel-orders-hit-near-2-year-high/): The 69 orders for alternative-fuelled vessels recorded last month marked the highest monthly total since October 2024, according to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform. Moreover, the total of 168 orders placed in Q3 2026 made it the busiest quarter since Q3 2024, the class society said in a statement sent
- [Oceania Bunkering Mozambique set to start offering STS deliveries of LSMGO in Beira this month](https://ship.energy/energy/oceania-bunkering-mozambique-set-to-start-offering-sts-deliveries-of-lsmgo-in-beira-this-month/): Marine fuel supplier Oceania Bunkering Mozambique has informed ship.energy that it will be officially launching its new ship-to-ship (STS) bunker delivery service of low sulphur marine gasoil (LSMGO) later this month. Representatives told ship.energy that the company – which was established by Mozambique state-owned logistics and energy entities CFM Logistics and Petromoc – started supplying
- [Latest 24,000 TEU LNG dual-fuel boxship joins CMA CGM fleet](https://ship.energy/energy/latest-24000-teu-lng-dual-fuel-boxship-joins-cma-cgm-fleet/): CMA CGM has announced the latest addition to its new generation of French-flagged containerships. With a capacity of 24,212 TEU (twenty-foot equivalent unit), the CMA CGM Orsay follows the CMA CGM Notre Dame and CMA CGM Pantheon as part of a series of 10 ultra large containerships. The CMA CGM Orsay will join CMA CGM’s
- [Trio using digital twin tech for ammonia-fuelling safety assessment](https://ship.energy/information/trio-using-digital-twin-tech-for-ammonia-fuelling-safety-assessment/): American Bureau of Shipping (ABS), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Siemens have signed a memorandum of understanding (MoU) to work together on using digital twin technology to assess the safety of ammonia-fuelled vessels. In a statement sent to ship.energy today (1 October), ABS said that it will supply a safety assessment
- [Scorpio Tankers orders scrubber-equipped newbuildings](https://ship.energy/technology/scorpio-tankers-orders-scrubber-equipped-newbuildings/): Monaco-based Scorpio Tankers has announced it has entered into an agreement to purchase four newbuilding vessels comprising two LR2 product tankers and two very large crude carriers (VLCC). All four vessels will be equipped with scrubbers, the company said in a statement issued yesterday (29 September). The LR2s are expected to be constructed at Jiangsu
- [Nakilat names new dual-fuel LPG/ammonia carrier Energy North](https://ship.energy/energy/nakilat-names-new-dual-fuel-lpg-ammonia-carrier-energy-north/): Qatar Gas Transport Company Limited (Nakilat) has named the latest LPG/ammonia carrier to join its fleet during a ceremony held at the HD Hyundai Samho shipyard in Yeongam, South Korea. In a statement issued today (30 September), Nakilat said that the Energy North is set to service on Friday (2 October). It is the first
- [Carnival posts ‘best ever revenues’ and ‘all-time high net income’](https://ship.energy/energy/carnival-posts-best-ever-revenues-and-all-time-high-net-income/): Cruise shipping giant Carnival Corporation has reported ‘best ever revenues’ and an ‘all-time high’ net income of $1.9 billion for the third quarter (Q3) of 2026 – despite an increase in fuel costs. In a statement issued yesterday (29 September), Carnival added that it posted an adjusted EBITDA of $3 billion in Q3, which was
- [Titan’s 12,000 cbm LNG bunker vessel completes 15-year Special Survey and Dry Dock](https://ship.energy/energy/titans-12000-cbm-lng-bunker-vessel-completes-15-year-special-survey-and-dry-dock/): Netherlands-based Titan Clean Fuels has announced that its LNG bunkering and multi-gas carrier Titan Unikum has completed its 15-year Special Survey and Dry Dock at Cosco Shipyard in Guangzhou, China. ‘The vessel comes out of the yard in great shape, ready to keep trading for the next five years and beyond,’ the company said in
- [New U.S. report explores the viability of ethanol as a marine fuel](https://ship.energy/information/new-u-s-report-explores-the-viability-of-ethanol-as-a-marine-fuel/): The U.S. Department of Energy’s National Laboratory of the Rockies (NLR) has published a new report assessing ethanol as a marine fuel. It finds that although it is technically feasible to use ethanol as a bunker fuel, its widespread adoption depends on regulatory progress, fuel standards, bunkering infrastructure and recognised life cycle carbon accounting. According
- [Lehmann Marine scores first battery installation at a Chinese shipyard](https://ship.energy/energy/lehmann-marine-scores-first-battery-installation-at-a-chinese-shipyard/): German maritime energy storage company Lehmann Marine has announced the commissioning of its CUBE battery system onboard the AESEN 116H, a 42-metre hybrid fast crew boat built for Singapore-based operator AESEN by Cheoy Lee Shipyards in China. The fully integrated hybrid propulsion system on the AESEN 116H, which was installed by marine systems firm Stin
- [New study finds that nuclear-powered LNG carriers would cost more to build, but bring ‘substantial ‘fuel savings](https://ship.energy/energy/new-study-finds-that-nuclear-powered-lng-carriers-would-cost-more-to-build-but-bring-substantial-fuel-savings/): American Bureau of Shipping (ABS) has announced that a study it has undertaken with Blossom Energy and a ‘global shipping company’ has found that while the initial investment for a nuclear-powered liquefied natural gas carrier would be approximately 2.5 times that of a conventional LNG carrier, the design would substantially reduce fuel costs over the
- [FLEX Commodities appoints GM in Greece](https://ship.energy/energy/flex-commodities-appoints-gm-in-greece/): Marine fuels company FLEX Commodities has announced the appointment of Christos Doulaveris as General Manager, Greece. In his new role, Doulaveris will lead the company’s commercial activities in Greece and support the continued growth of FLEX Hellas IKE in the region, FLEX Commodities said in a social media post yesterday (29 September). According to his
- [Silverstream extends ISO 27001 certification](https://ship.energy/information/silverstream-extends-iso-27001-certification/): Air lubrication specialist Silverstream has announced it has extended the scope of its certification for ISO 27001, which relates to information security management systems (ISMS), following the completion of this year’s audit programme by DNV. The certificate applies to all three of the company’s sites, including its London headquarters, its Global Operations Centre (GOC) in Southampton
- [Accelleron secures ClassNK endorsement for LOREKA360° engine and emissions modules](https://ship.energy/technology/accelleron-secures-classnk-endorsement-for-loreka360-engine-and-emissions-modules/): Switzerland-based Accelleron has received Products & Solutions certification under ClassNK’s Innovation Endorsement framework for its Tekomar XPERT Engine diagnostics platform and the compliance and reporting tool under its Emissions Desk. The technology is part of Accelleron’s LOREKA360° digital suite. The LOREKA360° Emissions Desk supports operators in converting vessel data into compliance reporting and insights that
- [Propeller Fuels moves ahead on growth trajectory with Shipergy acquisition](https://ship.energy/information/propeller-fuels-moves-ahead-on-growth-trajectory-with-shipergy-acquisition/): Propeller Fuels' acquisition of Shipergy, the tech-led bunker trading company launched in 2022 as part of Signal Group and co-founded by Daniel Rose, will see Propeller focus on ‘orthodox, value-added bunkering’, while Rose will step away from the trading business and sit outside the group to take a lead on maritime technology development, including products
- [MOL set to operate LNG dual-fuelled Arctic research vessel Mirai II](https://ship.energy/energy/mol-set-to-operate-lng-dual-fuelled-arctic-research-vessel-mirai-ii/): Mitsui O.S.K. Lines (MOL) has signed an agreement with the Japan Agency for Marine-Earth Science and Technology (JAMSTEC) to provide operational services and related work for the LNG dual-fuelled Arctic research vessel, Mirai II. In a statement issued today (29 September), MOL said that vessel will serve as an international research platform equipped with icebreaking capability
- [Panama Canal announces increase in draft and daily transits](https://ship.energy/information/panama-canal-announces-increase-in-draft-and-daily-transits/): The Panama Canal Authority has announced that, due to an improvement in water levels in September, it is increasing the number of daily transits through the Neopanamax locks from 9 to 10 from 15 October, while the maximum authorised draft for vessels is now set at 14.94 metres until further notice. The Panama Canal Authority
- [Petrobras now offering prompt deliveries of HSFO in Rio de Janeriro](https://ship.energy/energy/petrobras-now-offer-prompt-deliveries-of-hsfo-in-rio-de-janeriro/): Brazil’s national oil company Petrobras has informed ship.energy that it is now supplying high sulphur fuel oil (HSFO) in Rio de Janeiro on a prompt delivery basis. In a notice sent to ship.energy yesterday (28 September), Petrobras said that: ‘Indicatively, today HSFO is priced a little over $80 a tonne below VLSFO [very low sulphur
- [SUARDIAZ Group set to take delivery of dual-fuel LNG PCTC](https://ship.energy/energy/suardiaz-group-set-to-take-delivery-of-dual-fuel-lng-pctc/): Pure car and truck carrier (PCTC) RS Atlantico has departed China for Europe, becoming the first of a new generation of dual-fuel LNG vessels joining Spain’s SUARDIAZ Group fleet. The car carriers are the largest vessels in the company’s history, SUARDIAZ Group said in a statement sent to ship.energy today (29 September). ‘International logistics is
- [Shell takes FID on second phase of LNG Canada venture](https://ship.energy/energy/shell-takes-fid-on-second-phase-of-lng-canada-venture/): Shell Canada Energy, a Shell plc affiliate, has taken a final investment decision (FID) on the second phase of its LNG Canada project which will see a doubling of production capacity at the facility in Kitimat in British Columbia. Phase 2 will add two LNG trains (processing units), thereby increasing LNG Canada’s total production capacity
- [IMarEST holding inaugural Technical Forum at HR Wallingford’s Oxfordshire facility](https://ship.energy/information/imarest-holding-inaugural-technical-forum-at-hr-wallingfords-oxfordshire-facility/): The Institute of Marine Engineering, Science and Technology (IMarEST) has announced that it will be drawing on the expertise of its Special Interest Groups (SIGs) to explore emerging trends in shipping at its inaugural Technical Forum that will be taking place at HR Wallingford’s facilities in Oxfordshire on 15 October. In a statement posted on
- [SEA-LNG presses EU to protect mass-balance terminal methane pathway as RED rules undergo technical revision](https://ship.energy/information/sea-lng-presses-eu-to-protect-mass-balance-terminal-methane-pathway-as-red-rules-undergo-technical-revision/): LNG industry coalition SEA-LNG is pressing the European Union (EU) to include a 'workable methane pathway' for the maritime industry when revisions to the greenhouse gas (GHG) criteria for solid and gaseous biomass fuels are finalised. The European Commission, the EU's executive arm, is currently revising two technical annexes to the recast Renewable Energy Directive
- [Maersk wraps up pioneering ethanol STS bunkering operation in the U.S.](https://ship.energy/information/maersk-wraps-up-pioneering-ethanol-sts-bunkering-operation-in-the-u-s/): A.P. Moller - Maersk (Maersk) has announced the bunkering of the dual-fuel container vessel Tangier Maersk using U.S.-produced corn ethanol. The operation marked the first ship-to-ship (STS) commercial ethanol bunkering of a deep-sea container vessel in the United States, the container shipping giant said in a statement issued yesterday (29 September). In a separate statement
- [GTT Marine and Normec Verifavia integration aims to simplify maritime emissions compliance](https://ship.energy/technology/gtt-marine-and-normec-verifavia-integration-aims-to-simplify-maritime-emissions-compliance/): GTT Marine, a business unit of the GTT Group, and maritime verification body Normec Verifavia have announced a new integration between the former’s Vesper Insights solution and the latter’s Emissions Verification Platform. In a statement issued yesterday (28 September), GTT Marine said the integration enables the secure and automated transfer of vessel performance, voyage and emissions data
- [Navios Maritime Partners takes delivery of ‘methanol-ready’ MR2 product tanker](https://ship.energy/energy/navios-maritime-partners-takes-delivery-of-methanol-ready-mr2-product-tanker/): Navios Maritime Partners has announced that it has taken delivery of the Nave Harmony, a 2026-built medium range (MR2) product tanker vessel of 49,998 DWT. In a notice posted on LinkedIn today (28 September), the company said: ‘The vessel is methanol ready and equipped with latest environmentally friendly technology to optimize energy efficiency and safety,
- [FuelSOME project partners set to make the case for using multi-fuel SOFC technology for long-distance shipping at Norwegian workshop](https://ship.energy/technology/fuelsome-project-partners-set-to-make-the-case-for-using-multi-fuel-sofc-technology-for-long-distance-shipping-at-norwegian-workshop/): The companies and educational institutions working on the four-year FuelSOME research that is exploring the viability of using multi-fuel solid oxide fuel cell system (SOFC) technology for long-distance shipping will be presenting their findings and discussing the next steps for maritime decarbonisation at a workshop taking place in Kongsberg, Norway on 7 October. The FuelSOME consortium
- [Nord Gas Solutions wins tech contract for Polish biogas liquefaction plant](https://ship.energy/energy/nord-gas-solutions-wins-tech-contract-for-polish-biogas-liquefaction-plant/): Nord Gas Solutions has secured a contract for a 35-ton-per-day biogas liquefaction plant in Poland which will convert biogas into bioLNG using the company’s Puregas CA75 LBG and Puregas MR35 technologies. In a statement, Nord Gas Solutions noted that the project is expected to become Poland's first bioLNG production plant. A spokesperson for Nord Gas
- [Island Oil rebrands as Island Energies](https://ship.energy/information/island-oil-rebrands-as-island-energies/): Cyprus-headquartered bunker supplier Island Oil (Holdings) Limited has announced a rebrand which brings together Island Oil (Holdings) Limited, Island Oil Limited, Island Petroleum Limited and NavTech Supplies Limited as a single identity, Island Energies. Established in 1992, the group now has a combined workforce of over 500, and the rebrand is said to reflect the
- [HHI-EMD completes type approval for newly developed LNG dual-fuel engine](https://ship.energy/energy/hhi-emd-completes-type-approval-for-newly-developed-lng-dual-fuel-engine/): HD Hyundai Heavy Industries Engine & Machinery Business Unit (HHI-EMD) has completed the Type Approval Test (TAT) for its next-generation HiMSEN LNG dual-fuel engine, the H35CDF. Representatives from seven major classification societies participated in the test, which was carried out from 21-23 September, including Korean Register (KR), American Bureau of Shipping (ABS), Bureau Veritas (BV),
- [Chemical tanker Kokuryu Maru completes first methanol bunkering](https://ship.energy/energy/chemical-tanker-kokuryu-maru-completes-first-methanol-bunkering/): Mitsubishi Gas Chemical Company (MGC), Kokuka Sangyo Co., and Hanshin Diesel Works have announced the completion of Kokuryu Maru, a chemical tanker that will also serve as a methanol bunkering vessel. In a statement issued today (26 September), the companies also confirmed that the vessel, Kokuka Sangyo’s first dedicated methanol-fuelled ship, had been fuelled with
- [RCL holds naming ceremony for multi-fuel-ready box ship trio](https://ship.energy/information/rcl-holds-naming-ceremony-for-multi-fuel-ready-box-ship-trio/): Bangkok-based Regional Container Lines (RCL) has held a naming ceremony for three 4,488 TEU vessels which are described as LNG, methanol and ammonia dual fuel-ready, and are also equipped to connect to shore-side electricity. The naming event took place on 24 September at CSSC Huangpu Wenchong Shipbuilding Co., Ltd. (Longxue Plant) in Guangzhou, China. The
- [A.P. Moller Capital to acquire majority stake in Euroports Group](https://ship.energy/policy/ports/a-p-moller-capital-to-acquire-majority-stake-in-euroports-group/): A.P. Moller Capital has announced that, through a separately managed fund vehicle backed by A.P. Moller Holding, it has entered into a definitive agreement to acquire a majority stake in maritime infrastructure company Euroports Group. Following completion of the transaction, A.P. Moller Capital will become the majority shareholder in Euroports alongside SFPIM and PMV, who
- [Indian government says new Kandla plant will produce green methanol for ships ‘at a much more competitive rate compared to other global producers’](https://ship.energy/energy/indian-government-says-new-kandla-plant-will-produce-green-methanol-for-ships-at-a-much-more-competitive-rate-compared-to-other-global-producers/): India’s Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal together with the Chief Ministers of Gujarat and Assam, on Saturday (26 September) laid the foundation stone for the country's first port-based e-methanol plant at Deendayal Port Authority (DPA) in Kandla, Gandhidham, Gujarat. In a statement issued on Saturday, the Indian government said that the
- [WISTA International adds Associate Membership category](https://ship.energy/information/wista-international-adds-associate-membership-category/): The Women’s International Shipping & Trading Association (WISTA International) has launched a new ‘Associate Membership’ category for institutions and organisations that are ineligible to join via a National WISTA Association (NWA) In a statement sent to ship.energy today (28 September), WISTA International President, Elpi Petraki said that: ‘Over the last few years there has been an
- [Semco Maritime to build ‘nerve centre’ of Stillstrom’s offshore charging solution](https://ship.energy/technology/semco-maritime-to-build-nerve-centre-of-stillstroms-offshore-charging-solution/): Stillstrom by Maersk has signed a letter of intent (LOI) with Semco Maritime to manufacture and deliver the local equipment room (LER) of its offshore power and charging solution. The LER, which controls power, communication and safety across the entire charging infrastructure, is often referred to as its ‘nerve centre’, noted Stillstrom, as every element
- [New white paper shares lessons from Portsmouth’s shore power system](https://ship.energy/information/new-white-paper-shares-lessons-from-portsmouths-shore-power-system/): A new white paper has been launched setting out what the UK's ports can learn from the Portsmouth International Port’s recently commssioned shore power system. Plugging in: Portsmouth's shore power journey and the future of clean ports was published last week by Portsmouth International Port with the British Ports Association, with contributions from researchers from
- [TotalEnergies confirms objectives of 4% per year growth in energy production – with reduced emissions](https://ship.energy/information/totalenergies-confirms-objectives-of-4-per-year-growth-in-energy-production-with-reduced-emissions/): In presentations in New York today (28 September), Patrick Pouyanné, Chairman and CEO of TotalEnergies, will be confirming the group’s objective of a +4% per year energy production growth through 2030 – whilst also aiming for a 50% reduction in Oil & GasScope 1+2 emissions by 2030 versus 2015, and a 80% reduction in methane emissions
- [Commodity giants signal multi-million-dollar commitments to new US mineral reserve initiative](https://ship.energy/information/commodity-giants-signal-multi-million-dollar-commitments-to-new-us-mineral-reserve-initiative/): Global commodity traders Mercuria and Glencore have each pledged $500 million to VaultCo, an initiative that was created earlier this year as Project Vault by the Export-Import Bank of the United States (EXIM) to safeguard U.S. industry’s access to critical minerals ‘during periods of supply disruption or market dislocation.’ EXIM’s board greenlighted a $10 billion
- [Industry stakeholders urge EU to retain RED III binding RFNBO targets post-2030](https://ship.energy/information/industry-stakeholders-urge-eu-to-retain-red-iii-binding-rfnbo-targets-post-2030/): In an open letter to the President of the European Commission Ursula von der Leyen, 170 companies working across the European energy sector have argued that any removal of mandates and targets for the use of renewable fuels of non-biological origins (RFNBO) as set out in the Renewable Energy Directive (RED) III ‘would waste six
- [Dangote set to break ground next week on planned Kenyan 700,000 b/d refinery](https://ship.energy/energy/dangote-set-to-break-ground-next-week-on-planned-kenyan-700000-b-d-refinery/): A ground-breaking ceremony is set to take place on Wednesday, 30 September for the new 700,000 barrels a day (b/d) refinery that the Dangote Group is planning to build in Lamu, Kenya. The plans for the ceremony were reported by Reuters yesterday (24 September). The news agency also reported that Dangote will be working with
- [International Green Shipping Corridor Alliance launched in Beijing](https://ship.energy/energy/international-green-shipping-corridor-alliance-launched-in-beijing/): The International Green Shipping Corridor Alliance was launched this week during the Global Sustainable Transport Forum in Beijing, bringing together 45 companies from 12 countries across the shipping, ports and energy sectors. According to local media reports, founding members of the Alliance include a Chinese think tank, the Global Sustainable Transport Innovation and Knowledge Centre,
- [DP World: ‘Geopolitical disruption, climate pressures and shifting manufacturing are redrawing global trade’](https://ship.energy/information/dp-world-geopolitical-disruption-climate-pressures-and-shifting-manufacturing-are-redrawing-global-trade/): In a whitepaper published to mark World Maritime Day (24 September), DP World’s Marine Services concluded that: ‘The next generation of global maritime trade will be defined not only by established routes, but increasingly by the strength, agility and adaptability of networks linking regional and global Connected Trade Corridors.’ The paper found that, contrary to
- [PaxOcean and Ulstein sign design contract for methanol-prepared offshore wind vessel](https://ship.energy/energy/paxocean-and-ulstein-sign-design-contract-for-methanol-prepared-offshore-wind-vessel/): PaxOcean Group, part of Kuok Maritime Group, and Ulstein Design & Solutions AS have signed a contract for the design of an ULSTEIN SX222 service operation vessel (SOV) for NYK Line, which will be constructed at PaxOcean’s Graha yard in Batam, Indonesia. The vessel will support offshore wind construction, operations and maintenance activities, providing accommodation
- [X-DF-equipped LNG carrier newbuild named in South Korea](https://ship.energy/energy/x-df-equipped-lng-carrier-newbuild-named-in-south-korea/): NYK Group has held a naming ceremony for the Diamond Gas Nexus, a newly built LNG carrier at HD Hyundai Samho Co. in South Korea. The 174,000 cubic metre (cbm) vessel is equipped with a WinGD X-DF 2.2 iCER engine, which can use fuel oil and also boil-off as fuel. The Diamond Gas Nexus is
- [P2H2 begins green hydrogen production at Port of Antwerp-Bruges](https://ship.energy/energy/p2h2-begins-green-hydrogen-production-at-port-of-antwerp-bruges/): Power to Hydrogen (P2H2) yesterday (24 September) began commercial green hydrogen production in the NextGen District of the Port of Antwerp-Bruges in Belgium. In a statement posted on its website, the Port of Antwerp-Bruges said that the 500 kW system, built from two 250 kW stacks, is the first commercial deployment of 250 kW anion
- [Bunkering resumes at Rio Grande Terminal](https://ship.energy/energy/bunkering-resumes-at-rio-grande-terminal/): Brazil’s Petrobras has informed ship.energy that it has resumed bunkering operations at the Rio Grande Terminal. In a notice sent to ship.energy today (24 September), the Petrobras bunkering department said that the bunkering resumption followed on from the restoration of power supply and a thorough inspection of the facilities. As previously reported, the power outage
- [Statkraft finalises divestment of green hydrogen projects in the UK](https://ship.energy/energy/statkraft-finalises-divestment-of-green-hydrogen-projects-in-the-uk/): Statkraft has announced it has completed the divestment of its UK green hydrogen development portfolio. As previously reported by ship.energy, the Norwegian renewable energy company announced its decision not to proceed with new green hydrogen projects, citing ‘increased uncertainty’ in the market, in May 2025. In a statement issued today (24 September), Statkraft said it had
- [TFG Marine reports MFM-equipped bunker barge is on its way to Jamaica](https://ship.energy/energy/tfg-marine-reports-mfm-equipped-bunker-barge-is-on-its-way-to-jamaica/): Bunker supplier TFG Marine has reported today (24 September) that the bunker barge Kingston Trader is currently on its way to Jamaica, following the installation of a Coriolis mass flow meter (MFM) system. In a notice posted on LinkedIn this morning, TFG Marine said that the barge will operate in Jamaica through its local partnership
- [Brittany Ferries, Adrena and BV report 6% fuel savings from digital twin-optimised routing](https://ship.energy/technology/brittany-ferries-adrena-and-bv-report-6-fuel-savings-from-digital-twin-optimised-routing/): Brittany Ferries, Adrena and Bureau Veritas Solutions Marine & Offshore have announced that they have demonstrated fuel savings of up to 6% through the deployment of an advanced digital twin-enabled routing solution. In a statement issued today (24 September), BV Solutions said that the AdrenaShip concept ‘highlights the potential of advanced digital technologies to improve
- [H2SITE wins €3.4 million in Enova funding for HydraNord Power ammonia-to-power project](https://ship.energy/information/h2site-wins-e3-4-million-in-enova-funding-for-hydranord-power-ammonia-to-power-project/): 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
- [‘World’s first hydrogen-fuelled engine for large commercial vessels’ completes land-based testing](https://ship.energy/energy/worlds-first-hydrogen-fuelled-engine-for-large-commercial-vessels-completes-land-based-testing/): Japanese classification society ClassNK has announced that Japan Engine’s 6UEC35LSGH – which it describes as ‘the world’s first hydrogen-fuelled engine for large commercial vessels’ – has successfully completed land-based testing. In a statement issued today (18 September), ClassNK said that the engine ‘achieved a hydrogen co-firing rate of at least 95%, reducing GHG emissions by more
- [Golden Island and Qingdao Port teaming up on green marine fuel](https://ship.energy/energy/golden-island-and-qingdao-port-teaming-up-on-green-marine-fuel/): Bunker fuel supplier Golden Island Pte and Qingdao Port International Co. have signed a strategic framework agreement to champion sustainable marine energy. ‘From today, both are pooling their expertise to make clean fuels like green methanol, green ammonia, and bio-LNG more accessible, efficient, and widely used across the maritime sector,’ Golden Island said in a statement
- [EC President flags up urgency of the energy transition – and energy security](https://ship.energy/information/ec-president-flags-up-urgency-of-the-energy-transition-and-energy-security/): Speaking at a United Nations climate meeting yesterday (23 September), the European Commission (EC) President Ursula von der Leyen outlined how events – and the weather – this year have exposed the urgent need to tackle the twin challenges of climate change and energy dependency. Identifying energy security as ‘a crucial topic for Europe’, von
- [Rheinmetall clinches maintenance contract for LNG-fuelled Customs vessels](https://ship.energy/energy/rheinmetall-clinches-maintenance-contract-for-lng-fuelled-customs-vessels/): The Naval Systems Division of German technology group Rheinmetall has been awarded a multi-year repair and maintenance contract for four new LNG-fuelled patrol vessels operated by the Federal Customs Administration. The service contract, which covers support for technical issues during operation and regular maintenance at berths in Lubmin, Neustadt i.H., Wilhelmshaven and Emden, applies to
- [Launch of CSL OWL SRI’s methanol/MGO vessel](https://ship.energy/energy/launch-of-csl-owl-sris-methanol-mgo-vessel/): CSL OWL SRI, a partnership between The CSL Group and Offshore Wind Logistics (OWL), has announced the launch of the dual fuel methanol subsea rock installation (SRI) vessel, MV Rock Star. The vessel is the first of two purpose-built SRI vessels designed to serve the offshore renewable energy sector. As previously reported by ship.energy, the
- [EBRD adjust growth forecasts as energy costs, trade disruption depress short-term outlook](https://ship.energy/information/ebrd-adjust-growth-forecasts-as-energy-costs-trade-disruption-depress-short-term-outlook/): The European Bank for Reconstruction and Development (EBRD) has revised down its 2026 growth forecast in the economies where it invests, citing factors such as higher energy and food prices, drought and trade disruption and low gas stocks. Growth in the EBRD regions picked up from 3.1 per cent in 2024 to 3.4 per cent
- [Accelleron secures projects involving more than a hundred of its new turbochargers](https://ship.energy/information/accelleron-secures-projects-involving-more-than-a-hundred-of-its-new-turbochargers/): Switzerland-based Accelleron has informed ship.energy that it has secured projects involving more than 100 ACCX300-L low-speed turbochargers since the platform’s commercial launch in April 2026. Christoph Rofka, President of Accelleron’s Medium and Low Speed Division, said: ‘Customers are looking beyond initial performance to how equipment will be maintained and kept efficient over decades of operation.
- [Babcock LGE scores first order for new ecoAPEX reliquefaction technology](https://ship.energy/energy/babcock-lge-scores-first-order-for-new-ecoapex-reliquefaction-technology/): An East-Asian shipyard, on behalf of shipowner Thenamaris LNG, has contracted Babcock LGE to supply its ecoAPEX architecture, which at full deployment can offer up to a 33% improvement in reliquefaction efficiency, with around 25% less energy required for reliquefaction. The contract award covers the Cargo Handling and Fuel Gas Supply Systems for three 90,000
- [OMV Petrom flags progress on new sustainable fuels production unit](https://ship.energy/energy/omv-petrom-flags-progress-on-new-sustainable-fuels-production-unit/): Energy company OMV Petrom says it is advancing the construction of a new sustainable fuels production unit at the Petrobrazi Refinery in Romania. As previously reported by ship.energy, OMV Petrom says the €560 million it is investing in the facility will position the refinery as the ‘first major producer of sustainable fuels in the region.’
- [Höegh Autoliners inks contract with CMG for six more Aurora-class PCTCs](https://ship.energy/energy/hoegh-autoliners-inks-contract-with-cmg-for-six-more-aurora-class-pctcs/): Höegh Autoliners and China Merchants Group (CMG) have signed a contract to build six additional dual-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
- [Alkagesta-backed clean-up initiative identifies formulants for oil spills remediation](https://ship.energy/information/alkagesta-backed-clean-up-initiative-identifies-formulants-for-oil-spills-remediation/): Malta-headquartered commodities and oil trader Alkagesta has informed ship.energy that Clean Caspian has completed initial laboratory tests that have identified two formulants for oil spill remediation. In a statement sent to ship.energy today (23 September), Alkagesta said the new formulants are: Oil-Collecting Reagent 1, which is focused on containing spills; and Flocculant-Coagulant 1, which is
- [Sean M. Dalton to succeed Frédéric Denèfle as IUMI President](https://ship.energy/information/sean-m-dalton-to-succeed-frederic-denefle-as-iumi-president/): 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
- [Stena Line orders another two E-Flexer hybrid ferries](https://ship.energy/energy/stena-line-orders-another-two-e-flexer-hybrid-ferries/): Sweden's Stena Line has ordered two hybrid E-Flexer ferries, which will be the sixth and seventh E-Flexers in the company’s fleet, and they are scheduled to enter operation on the Gothenburg–Frederikshavn route in 2030. The vessels will feature hybrid propulsion technology, allowing them to operate on both conventional fuel and electricity. They will also be
- [Shipping ‘at greater risk than ever’ of missing 2030 zero emission fuel targets, claims new report](https://ship.energy/information/shipping-at-greater-risk-than-ever-of-missing-2030-zero-emission-fuel-targets-claims-new-report/): A new report from the Getting to Zero Coalition and the UCL Energy Institute says that policy uncertainty is hampering shipping’s energy transition and it describes the failure to adopt the International Maritime Organization’s (IMO) Net Zero Framework (NZF) last year as ‘the single most transition-regressive event’ in the five years that the report has
- [CLdN taps HD Hyundai HI for LNG dual-fuel RoRo pair](https://ship.energy/energy/cldn-taps-hd-hyundai-hi-for-lng-dual-fuel-roro-pair/): Multimodal logistics provider CLdN has placed an order with HD Hyundai Heavy Industries (HD Hyundai HI) for two new LNG dual-fuel RoRo vessels. Construction of the new vessels is set to begin towards the beginning of 2028, with delivery scheduled for mid-2029, CLdN said in a statement issued yesterday (22 September). The vessels will be
- [Incat Crowther delivers battery hybrid vessel to Lake Superior Research Institute](https://ship.energy/technology/incat-crowther-delivers-battery-hybrid-vessel-to-lake-superior-research-institute/): The Sadie Ann, a battery hybrid research vessel custom-designed by Incat Crowther for the University of Wisconsin-Superior’s Lake Superior Research Institute (LSRI), has been delivered and is set to enter service. In a statement issued yesterday (22 September), Incat Crowther said the new vessel, built at the Midship Marine shipyard in Louisiana, ‘can operate independently
- [Rolls-Royce signals expansion of remote monitoring services for mtu propulsion systems](https://ship.energy/information/rolls-royce-signals-expansion-of-remote-monitoring-services-for-mtu-propulsion-systems/): Rolls-Royce has commissioned a new Remote Monitoring Centre (RMC) in Arcola, Italy, which is the first such Centre outside Berlin, where remote monitoring has focused on battery storage systems and microgrids, and, says the company, it marks the starting point for the global roll-out of the concept. The new RMC will initially be used for
- [Australian Government funding new Low Carbon Liquid Fuels Knowledge Hub](https://ship.energy/energy/australian-government-funding-new-low-carbon-liquid-fuels-knowledge-hub/): The Australian Government has announced that it has committed AU$162,500 towards the newly-launched Low Carbon Liquid Fuels Knowledge Hub. In a statement issued on Friday (18 September), the Government said that the Hub will become ‘a single place to access evidence-based information, data and practical resources on these fuel types’. Developed in partnership with the
- [Seascale Energy co-CEO stepping down from Cargill in December](https://ship.energy/energy/seascale-energy-co-ceo-stepping-down-from-cargill-in-december/): Oliver Josse, the co-CEO of Seascale Energy, the marine fuel procurement joint venture between Cargill’s Ocean Transportation business and Hafnia, will bow out from Cargill in December after 36 years with the company. Gaetan Perret, the current Head of Marine Fuel Procurement, West, will succeed Josse as Vice President, Marine Fuels at Cargill and as
- [Nord Gas Solutions wins LPG fuel supply systems contract for eight VLGCs](https://ship.energy/energy/nord-gas-solutions-wins-lpg-fuel-supply-systems-contract-for-eight-vlgcs/): Nord Gas Solutions is to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for eight 90,000 cubic metres (cbm) Very Large Gas Carrier (VLGC) vessels ordered by BW LPG and to be constructed at South Korea’s HD Hyundai Mipo Dockyard (HD HM)/ The contract was signed in August and announced by
- [ABS and lomarlabs to jointly explore energy efficiency maritime tech](https://ship.energy/technology/abs-and-lomarlabs-to-jointly-explore-energy-efficiency-maritime-tech/): Class society ABS and lomarlabs, Lomar Shipping’s venture capitalist lomarlabs, have signed a Master Research Collaboration Agreement (MRCA) to explore technologies from early-stage companies that aim to reduce emissions, increase fuel efficiency and automate operations in the maritime industry. The MRCA establishes a framework for both organisations to share expertise and advisory services to engage
- [Neoline's wind-powered Ro-Ro makes maiden call to Zeebrugge](https://ship.energy/energy/neolines-wind-powered-ro-ro-makes-maiden-call-to-zeebrugge/): The Neoliner Origin, the wind-powered roll-on/roll-off (Ro-Ro) vessel developed by French shipping company Neoline, has called at the Port of Zeebrugge for the first time. The vessel, which as previously reported by ship.energy was built at RMK Marine shipyard in Tuzla, Turkey, made its first transatlantic crossing last year. Last week, French container shipping company CMA
- [PowerCon expands into general port electrification](https://ship.energy/technology/powercon-expands-into-general-port-electrification/): Shore power specialist PowerCon has announced it is expanding its portfolio to support the broader electrification of ports. The first focus will be prefabricated substations, providing the electrical infrastructure required for fully electrified terminal operations, Copenhagen-headquartered PowerCon said in a social media post today (22 September). In addition to shore power and charging technology, PowerCon’s
- [Phillips 66 ramping up integration of Lindsey assets into wider UK business](https://ship.energy/information/phillips-66-ramping-up-integration-of-lindsey-assets-into-wider-uk-business/): Phillips 66 Limited has announced that it has reached an ‘important milestone’ in the phased integration of its newly-acquired Lindsey assets into the wider Phillips 66 UK business, with rail movements of product from Lindsey Rail Loading to the Warwickshire Oil Storage Terminal (WOSL). In a statement issued today (22 September), Phillips 66 said the
- [WK NatPower teaming up with AREL on marine electrification in HK’s Aberdeen area](https://ship.energy/technology/wk-natpower-teaming-up-with-arel-on-marine-electrification-in-hks-aberdeen-area/): Wah Kwong NatPower (WK NatPower) has signed a Memorandum of Understanding (MoU) with Aberdeen Restaurant Enterprises Limited (AREL) to explore the electrification of piers, vessels and supporting energy infrastructure in the Aberdeen area of Hong Kong. WK NatPower and AREL will examine the development of an integrated marine electrification ecosystem in the Aberdeen and Shum
- [Repairs to Ras Laffan LNG trains will take three years, says QatarEnergy President & CEO](https://ship.energy/information/repairs-to-ras-laffan-lng-trains-will-take-three-years-says-qatarenergy-president-ceo/): Iran’s attacks in March on Ras Laffan Industrial City, the location of the world’s largest LNG export facility, resulted in significant energy infrastructure damage and in an update this week His Excellency Mr Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and the President and CEO of QatarEnergy, disclosed that repairs on the
- [Singapore forum flags up need for ‘stronger collaboration’ on preparedness for alt.fuels pollution incidents](https://ship.energy/energy/ammonia/singapore-forum-flags-up-need-for-stronger-collaboration-on-preparedness-for-alt-fuels-pollution-incidents/): The International Maritime Organization (IMO) has reported that a key outcome of an IMO Research and Development (R&D) Forum held in Singapore this week about ‘Pollution Preparedness in the Age of Alternative Fuels’ was ‘the need for stronger collaboration between governments, industry, academia and the scientific community to address knowledge gaps and strengthen preparedness before
- [ORLEN on the hunt for tech companies to develop AI solutions](https://ship.energy/information/orlen-on-the-hunt-for-tech-companies-to-develop-ai-solutions/): Polish integrated energy company ORLEN has issued a request for proposals (RFP) from AI companies who can deploy their technology skills across the downstream and upstream energy sectors. More specifically, the RFP seeks partners with expertise in generative artificial intelligence, machine learning, advanced data analytics, data science, mathematical modelling and the deployment of AI in
- [Petrobras suspends bunkering in Rio Grande](https://ship.energy/information/petrobras-suspends-bunkering-in-rio-grande/): Brazilian national oil company Petrobras informed ship.energy yesterday (21 September) that a temporary suspension of bunkering in Rio Grande had been put in place as a result of ‘adverse weather conditions’. In a statement sent to ship.energy at 21:15 GMT, Petrobras explained that a tropical storm, with winds exceeding 100 km/h, hit the city of
- [Spring Marine agrees investment and supply deal with Sulnox](https://ship.energy/energy/spring-marine-agrees-investment-and-supply-deal-with-sulnox/): Greek ship management company Spring Marine Management S.A. has signed a four-year supply deal with Sulnox and has also pledged to invest up to £1,100,000 in the marine fuel additives company. The supply agreement covers the use of approximately 600,000 litres of Sulnox Eco across at least 24 vessels over the contract term. Spring Marine
- [Ofiniti acquires ZeroNorth’s eBDN solution](https://ship.energy/energy/ofiniti-acquires-zeronorths-ebdn-solution/): Digital bunkering platform Ofiniti has announced it has agreed to acquire ZeroNorth’s electronic bunker delivery note (eBDN) solution. In a statement issued today (22 September), Ofiniti confirmed that, upon completion of the acquisition, it will bring its technology and customers onto its Bunker Operating System. ‘eBDN has an important role to play in the continued
- [Grimaldi takes delivery of latest ammonia-ready PCTC](https://ship.energy/energy/grimaldi-takes-delivery-of-latest-ammonia-ready-pctc/): Grimaldi Group has announced it has taken delivery of the pure car and truck carrier (PCTC) Grande Egitto, the company’s fourteenth ammonia ready unit. With a length of 220 metres, the 95,534 gross tonnes Grande Egitto, along with sister ship Grande Pacifico which entered service last month, holds the record for the largest PCTC in
- [ABS issues NTQ approval for FPSO fuel cell system running on alt.fuels](https://ship.energy/technology/abs-issues-ntq-approval-for-fpso-fuel-cell-system-running-on-alt-fuels/): American Bureau of Shipping (ABS) has issued a New Technology Qualification (NTQ) approval to MODEC and Eld Energy for a solid oxide fuel cell (SOFC) power system developed for use on floating production, storage and offloading (FPSO) units. In a statement sent to ship.energy yesterday (21 September), ABS said that the Eld Power Module has
- [GCMD and Equinor ink Impact partnership for alt.fuels value chains](https://ship.energy/energy/gcmd-and-equinor-ink-impact-partnership-for-alt-fuels-value-chains/): The Global Centre for Maritime Decarbonisation (GCMD) and Equinor have announced a five-year Impact partnership focused on addressing technical and operational gaps in scaling alternative marine fuels as well as supporting the development and uptake of other maritime decarbonisation solutions. In a statement sent to ship.energy today (22 September), GCMD said that the partnership will
- [Port of Vancouver reports record H1 cargo volumes](https://ship.energy/information/port-of-vancouver-reports-record-h1-cargo-volumes/): Overall cargo volumes for the Canadian Port of Vancouver hit a record 88.1 million metric tonnes (mt) for the first six months of 2026, up 3% compared to the same period for 2025. This growth was largely due to the port delivering record volumes of Prairie grain and Alberta crude oil to Indo-Pacific markets, while
- [ABS awards AiP to HD HHI and HD KSOE for ammonia bunkering vessel](https://ship.energy/energy/abs-awards-aip-to-hd-hhi-and-hd-ksoe-for-ammonia-bunkering-vessel/): American Bureau of Shipping (ABS) has awarded HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) approval in principle (AiP) for the basic design of a 22,000 cubic metre (cbm) bunkering vessel capable of supplying ammonia as marine fuel. The approval – which was one of a number of
- [Rise Reforming joins MI – The Global Methanol Alliance](https://ship.energy/energy/rise-reforming-joins-mi-the-global-methanol-alliance/): The Chicago-based biogas-to-methanol company Rise Reforming has joined MI – The Global Methanol Alliance. In a statement posted on LinkedIn today (21 September), MI reported that Rise Reforming is developing modular systems that convert biogas from wastewater treatment plants, farms and landfills into low-carbon methanol and dimethyl ether (DME) directly at the source. The company
- [Danish trio setting up new platform to ‘shorten the path to EU funding’ and support shipping’s green transition](https://ship.energy/information/danish-trio-setting-up-new-platform-to-shorten-the-path-to-eu-funding-and-support-shippings-green-transition/): Danish Maritime and Danish Shipping, in collaboration with the Denmark-based ShippingLab, have announced that they are establishing a new platform which they say will ‘make it easier to match the needs and expertise of Denmark’s maritime sector with relevant EU funding opportunities’. The partnership initiative builds on the recommendations made by the Growth Team for
- [Jan De Nul newbuild to be prepared for methanol operations](https://ship.energy/energy/jan-de-nul-newbuild-to-be-prepared-for-methanol-operations/): Belgian dredging specialist Jan de Nul has announced the order of a trenching support vessel, specifically designed to safely bury cables in the seabed, that will be prepared for running on methanol. The newbuild will be a sister vessel to the Isambard K. Brunel, the order of which was announced in March, Jan de Nul
- [Eleven Energy bolsters operations with two new hires in Greece](https://ship.energy/energy/eleven-energy-bolsters-operations-with-two-new-hires-in-greece/): Saudi-based bunkering company Eleven Energy has announced two new appointments to its Greece office. Tasos Aliferis has been hired as Greece Trading Manager while Sotirios Tsesmelis has taken on the role as Senior Trader, Eleven Energy said in a social media post today (21 September). According to their LinkedIn profiles, prior to joining Eleven Energy,
- [Bunker sales slip in Fujairah](https://ship.energy/information/bunker-sales-slip-in-fujairah/): After bouncing back significantly in July, bunker sales in Fujairah declined last month. The 225,767 cubic metres (cbm) of marine fuel sold was down on the 231,895 cbm that was sold in July, data from S&P Global Commodity Insights in collaboration with the Fujairah Oil Industry Zone (FOIZ) shows. And last month’s total was down considerably
- [GTT Marine to integrate BetterSea’s FuelEU platform into Vesper Insights](https://ship.energy/technology/gtt-marine-to-integrate-betterseas-fueleu-platform-into-vesper-insights/): BetterSea, provider of a leading FuelEU compliance platform and marketplace, and GTT Marine, a business unit of the GTT Group, have announced a white-label integration partnership which they say will help to ‘accelerate FuelEU Maritime compliance for shipping companies’. Under the partnership, GTT Marine will integrate BetterSea’s platform into its own Vesper Insights platform offering,
- [First vessel chartered by Petrobras under its Mar Aberto fleet renewal programme christened in Rio de Janeiro](https://ship.energy/technology/first-vessel-chartered-by-petrobras-under-its-mar-aberto-fleet-renewal-programme-christened-in-rio-de-janeiro/): Petrobras has informed ship.energy that a christening ceremony for the Starnav Elektra – the first vessel that the Brazilian national oil company has chartered under its Mar Aberto fleet renewal programme – was christened on Thursday (17 September) at the Port of Rio Warehouse, at Rio de Janeiro’s Pier Mauá. Built at the Detroit Shipyard
- [Tanker fleet of Trafigura’s new subsidiary Volare Shipping to include ‘ammonia-ready’ newbuilds](https://ship.energy/information/tanker-fleet-of-trafiguras-new-subsidiary-volare-shipping-to-include-ammonia-ready-newbuilds/): Global commodity trader Trafigura has established a new group company, Volare Shipping Ltd., to own and operate a fleet of oil tankers that will include ‘ammonia-ready’ newbuilds. In a statement sent to ship.energy this morning (21 September), Trafigura said that Volare Shipping’s fleet will initially consist of six very large crude carriers (VLCCs) that are
- [Moeve breaks ground on renewable hydrogen project](https://ship.energy/energy/moeve-breaks-ground-on-renewable-hydrogen-project/): Construction has got underway on the Andalusian Green Hydrogen Valley – Europe’s largest green hydrogen project. Senior political and business leaders – including Spain’s Prime Minister, Pedro Sanchez – gathered in southern Spain to support the construction of the first phase of the project yesterday (17 September). As previously reported by ship.energy, Spanish energy company
- [‘World’s first’ full-scale marine hydrogen engine ‘co-firing in all cylinders’ in factory tests](https://ship.energy/energy/worlds-first-full-scale-marine-hydrogen-engine-co-firing-in-all-cylinders-in-factory-tests/): The Japanese consortium developing ‘the world’s first full‑scale engine intended for installation on an actual vessel’ – Japan Engine’s (J-ENG) 6UEC35LSGH – have reported that it ‘has successfully begun hydrogen co‑firing operation in all cylinders’ in factor tests. In a statement issued on Friday (27 March), the consortium said that: ‘To date, the engine has
- [Yokogawa wins order from KHI for hydrogen-fuelled vessels](https://ship.energy/energy/yokogawa-wins-order-from-khi-for-hydrogen-fuelled-vessels/): Yokogawa Electric Corporation (Yokogawa) has announced it has received orders from Kawasaki Heavy Industries, Ltd. to supply integrated automation systems for two hydrogen-fuelled vessels, as well as a 40,000 cubic metre (cbm) liquefied hydrogen carrier. The marine hydrogen fuel system (MHFS) for the hydrogen-fuelled vessels consists of liquefied hydrogen tanks and fuel supply equipment, Yokogawa said
- [Azane and Yara ink ammonia supply agreement](https://ship.energy/information/azane-and-yara-ink-ammonia-supply-agreement/): Norway-based Azane Fuel Solutions AS has signed an ammonia supply agreement with Yara Norge AS to support its marine fuel activities. In a statement sent to ship.energy today (18 September), Steinar Kostøl, CEO of Azane Fuel Solutions, said: ‘Securing access to ammonia from a leading global producer is a key milestone for Azane. ‘As interest
- [Milestone STS ammonia bunkering operation in Japan](https://ship.energy/energy/milestone-sts-ammonia-bunkering-operation-in-japan/): NYK Line has announced the completion of what it says is the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fuelled vessel, along with Japan Marine United Corporation, Nihon Shipyard Co., Mitsubishi Gas Chemical Company Inc, and Kokuka Sangyo Co. The operation, which was conducted at a quay within Japan Marine United Corporation’s Ariake
- [World Fuel Co-Founder Michael Kasbar to step down as Executive Chairman at the end of the year](https://ship.energy/energy/world-fuel-co-founder-michael-kasbar-to-step-down-as-executive-chairman-at-the-end-of-the-year/): World Kinect Corporation operating as World Fuel, has announced that Michael Kasbar is to step down as Executive Chairman. Kasbar will be succeeded by independent director Ken Bakshi effective 31 December, the energy, commodities, and services company said in a statement yesterday (17 September). Kasbar co-founded Trans Tec Services in 1984, the marine fuel brokerage
- [ABS awards AiP for fuel tank and FGSS design that enables LNG carriers to switch from LNG to ammonia fuel](https://ship.energy/energy/abs-awards-aip-for-fuel-tank-and-fgss-design-that-enables-lng-carriers-to-switch-from-lng-to-ammonia-fuel/): The American Bureau of Shipping (ABS) has awarded Hanwha Ocean Approval in Principle (AiP) for a multi-purpose fuel tank and fuel gas supply system that will enable an LNG carrier to transition from LNG to ammonia fuel without replacing the fuel tank or fuel supply system. In a statement sent to ship.energy yesterday (17 September),
- [Body of missing crew member from Hercules Star found](https://ship.energy/information/body-of-missing-crew-member-from-hercules-star-found/): Marine fuel supplier Peninsula has informed ship.energy that the missing crew member from the Hercules Star – the tanker that was involved in an incident in the early hours of 9 September whilst at anchor off Dubai – has been found deceased. In a statement sent to ship.energy today (17 September), the company said that: ‘Their
- [CLIA report highlights increase in multi-fuel engine technology among members' ships](https://ship.energy/energy/clia-report-highlights-increase-in-multi-fuel-engine-technology-among-members-ships/): The number of Cruise Line Industry Association (CLIA)-member ships operating with multi-fuel engines that can switch from conventional fuels to zero- and near-zero emission fuels both in port and at sea has increased from 19 in 2025 to 30 ships today. The data was published in CLIA’s annual Environmental Technologies and Practices (ETP) report that
- [The Decarb Hub joins Africa Sovereign Carbon Registry Foundation](https://ship.energy/information/the-decarb-hub-joins-africa-sovereign-carbon-registry-foundation/): The Sovereign Carbon Registry Foundation (ASCR Foundation) has announced that the Lloyd’s Register Maritime Decarbonisation Hub (the Decarb Hub) has joined the Foundation as an Observer and Strategic Advisor. The Lloyd’s Register Maritime Decarbonisation Hub will be represented by its Managing Director, James Forsdyke, who said in notice posted on LinkedIn this week that: ‘The
- [Singapore records 3.9% y-o-y drop off in August bunker sales](https://ship.energy/energy/singapore-records-3-9-y-o-y-drop-off-in-august-bunker-sales/): The 4,772,700 metric tonnes (mt) of bunkers, including alternative marine fuels, sold in Singapore last month marked a 3.9% year-on-year (y-o-y) decrease on the 4,965,300 mt sold in August 2025. The 2,193,800 mt of very low sulphur fuel oil (VLSFO) – the lowest monthly total since April – was 12.3% down on the 2,501,000 mt
- [Bunker Holding announces leadership changes at KPI OceanConnect and Glander International Bunkering](https://ship.energy/information/bunker-holding-announces-leadership-changes-at-kpi-oceanconnect-and-glander-international-bunkering/): Bunker Holding is implementing a raft of management changes at KPI OceanConnect and Glander International Bunkering to ‘strengthen…commercial capabilities’ and ‘bring fresh perspectives to the business.’ At KPI OceanConnect, Thomas Lee, previously Head of APAC, becomes the company’s Brand Head, while its CEO Dorthe Bendtsen takes on the role of Group Sales Operations Director, reporting
- [Bureau Veritas awards AiP to LNG dual-fuel CO2 carrier](https://ship.energy/energy/bureau-veritas-awards-aip-to-lng-dual-fuel-co2-carrier/): Bureau Veritas Marine & Offshore (BV) has awarded Approval in Principle (AiP) to an LNG dual-fuel 85,000 cubic metre liquefied CO₂ carrier which has been developed by CSSC Shanghai Merchant Ship Design & Research Institute (SDARI). The vessel features an ‘advanced’ LNG dual-fuel propulsion and power system and a low-pressure cargo containment system, specifically tailored
- [Yang Ming names 15,500 TEU LNG dual-fuel boxship in South Korea ](https://ship.energy/energy/yang-ming-names-15500-teu-lng-dual-fuel-boxship-in-south-korea/): Yang Ming Marine Transport Corp. held a naming ceremony today (17 September) at the HD Hyundai Heavy Industries (HD HHI) shipyard in Ulsan, South Korea, for LNG dual-fuel YM Weight. The vessel, which is jointly classed by CR and the American Bureau of Shipping (ABS), is the fourth in its series of five 15,500 TEU
- [DNV awards AiP for LNG bunkering vessel design ‘tailored to the needs of cruise ships’](https://ship.energy/energy/dnv-awards-aip-for-lng-bunkering-vessel-design-tailored-to-the-needs-of-cruise-ships/): DNV and the Liberian International Ship and Corporate Registry (LISCR) have awarded an Approval in Principle (AiP) certificate to HD Hyundai Heavy Industries (HD HHI) for a new 12,000 cubic metre (cbm) LNG bunkering vessel design which is said to be ‘tailored to the needs of cruise ships’. In a statement issued yesterday (16 September), DNV
- [Sydney cruise terminal’s shore power project moves closer to completion](https://ship.energy/energy/sydney-cruise-terminals-shore-power-project-moves-closer-to-completion/): A project to establish what will be Australia's first shore-powered cruise terminal is a step closer to operation, with the installation of the onshore power supply (OPS) system. The two-storey OPS structure at White Bay Cruise Terminal will convert 33,000 volts of electricity from the local power grid to a compatible voltage and frequency for
- [TMC to supply Maersk dual-fuel newbuilds with marine compressed air systems](https://ship.energy/energy/tmc-to-supply-maersk-dual-fuel-newbuilds-with-marine-compressed-air-systems/): TMC Compressors has announced it has been chosen by New Times Shipbuilding Co. to supply its technology to eight 366-metre-long, dual-fuel container vessels the Chinese shipyard is constructing for A.P. Moller - Maersk (Maersk). Under the contract, each of the 18,600 TEU (twenty-foot equivalent unit) containerships, which will be capable of operating on conventional bunker
- [US House overturns California’s Commercial Harbor Craft waiver](https://ship.energy/information/us-house-overturns-californias-commercial-harbor-craft-waiver/): For the second time in two days, the US House of Representatives has voted in favour of a bill which aims to overturn California’s Clean Air Act waivers. Yesterday (16 September), the House voted 214-208 in favour of Representative James Gallagher’s House Joint Resolution (H.J.Res) 213 which is targeting the Commercial Harbor Craft waiver. As
- [Berg Propulsion opening Mumbai office](https://ship.energy/technology/berg-propulsion-opening-mumbai-office/): Berg Propulsion is set to open its own office in Mumbai next year, in a move which it says ‘reflects its growing participation in shipbuilding projects across India’. Scheduled to open on 1 January 2027, the new office will be led by Amrita Singh, Berg Propulsion Account Manager for New Sales, who will take up
- [Global Maritime Forum calling for stakeholder participation in its annual green shipping corridors report](https://ship.energy/information/global-maritime-forum-calling-for-stakeholder-participation-its-annual-green-shipping-corridors-report/): The Global Maritime Forum has invited industry stakeholders to ‘provide concrete examples of solutions’ that it can incorporate into the latest edition of its Annual Progress Report on Green Shipping Corridors. In a notice posted on LinkedIn today (16 September), the Global Maritime Forum said: ‘We are collecting concrete examples of solutions that green shipping
- [Calls for bunkers rise in Gibraltar](https://ship.energy/policy/ports/calls-for-bunkers-rise-in-gibraltar/): There were 476 calls for marine fuel in Gibraltar last month – 27 more than the 449 recorded in August 2025 Last month’s total was also 12 more than the 464 registered in July, data published by the Government of Gibraltar shows. During the first eight months of the year, 3,809 vessels called for marine
- [Panama sees decline in August marine fuel sales](https://ship.energy/energy/panama-sees-decline-in-august-marine-fuel-sales/): The 411,383 metric tonnes (mt) of marine fuel sold in Panama last month marked a 1.8% decrease on the 419,056 mt that was recorded in August 2025. Last month’s total was also down on the 427,985 mt registered in July, data published by the Maritime and Port Authority of Panama shows. The drop off in
- [KR and Hanwha Ocean to jointly develop two LNG bunkering vessel concepts with different containment solutions](https://ship.energy/information/kr-and-hanwha-ocean-to-jointly-develop-two-lng-bunkering-vessel-concepts-with-different-containment-solutions/): Korean Register (KR) has informed ship.energy that it has signed a Memorandum of Understanding (MOU) with Hanwha Ocean to jointly develop two design concepts for an 18,000 cubic metre (cbm) capacity LNG bunkering vessel which will each featuring a different cargo containment solution to meet varying bunkering and operational requirements One concept will incorporate Hanwha
- [EDGE Navigation’s zero-emission 20,000 cbm LH2 carrier design gains DNV AiP](https://ship.energy/energy/edge-navigations-zero-emission-20000-cbm-lh2-carrier-design-gains-dnv-aip/): DNV has announced it has awarded Approval in Principle (AiP) to Norway-based developer and owner of next-generation low-emission maritime transport solutions EDGE Navigation for its outline specification design of a zero-emission 20,000 cubic metre (cbm) ocean-going liquid hydrogen (LH2) carrier. Designed for global trade, the LH2 carrier can both transport liquid hydrogen cargo and use
- [LR grants design appraisal for ‘World’s first’ fore-accommodation LNG carrier equipped with MOL’s Wind Challenger](https://ship.energy/energy/lr-grants-design-appraisal-for-worlds-first-fore-accommodation-lng-carrier-equipped-with-mols-wind-challenger/): Lloyd's Register (LR) has granted Design Appraisal to a fore-accommodation LNG carrier design from HD Hyundai Heavy Industries' (HHI) which features the Mitsui O.S.K. Lines (MOL) Wind Challenger system. In a statement issued today (16 September), LR said that the relocation of the accommodation block and bridge to the bow of the vessel creates ‘a
- [SGMF study flags up importance of prioritising ‘traceable and certified pathway‑specific life cycle GHG intensities’ when assessing methanol’s role in maritime decarbonisation](https://ship.energy/energy/sgmf-study-flags-up-importance-of-prioritising-traceable-and-certified-pathway-specific-life-cycle-ghg-intensities-when-assessing-methanols-role-in-maritime-decarbon/): A new study from SGMF has highlighted the ‘significant’ GHG reduction potential of renewable and synthetic methanol – but emphasised the need to ‘prioritise traceable and certified pathway‑specific life cycle GHG intensities’ in order to ‘more accurately represent supply chain emissions’. The study, which was carried out by consultancy WSP and completes SGMF’s portfolio of
- [GTT launches new LNG as fuel solution for boxships](https://ship.energy/energy/gtt-has-announced-the-launch-of-a-next-generation-lng-as-fuel-solution-for-container-ships-featuring-2-barg-technology/): GTT has announced the launch of a next-generation LNG as fuel solution for container ships featuring 2 barg technology. The LNG as fuel containment solution with standardised cubic geometry for container ships is aimed at facilitating LNG fuel tank integration and helping shipyards shorten design and construction schedules, Paris-based GTT said in a statement sent
- [DNV awards AiP to HD HHI for dual-fuel LNG carrier design](https://ship.energy/energy/dnv-awards-aip-to-hd-hhi-for-dual-fuel-lng-carrier-design/): DNV has awarded HD Hyundai Heavy Industries (HD HHI) an Approval in Principle (AiP) certificate for a new 271,000 cubic metre (cbm) LNG carrier design that will feature an IMO NOx Tier III compliant dual-fuel propulsion system and a range of fuel-saving equipment. In a statement issued yesterday (15 September), DNV said that the design
- [US House votes to overturn California’s shore power waiver](https://ship.energy/technology/us-house-votes-to-overturn-californias-shore-power-waiver/): The US House of Representatives yesterday (15 September) voted 216-211 in favour of a bill sponsored by Republican Congressman Vince Fong that aims to overturn California’s Ocean-Going Vessels at Berth waiver. As previously reported, back in July the U.S. Environmental Protection Agency (EPA) described the Ocean-Going Vessels at Berth regulation as a ‘waiver rule [that]
- [TB Marine Shipmanagement takes on ‘methanol-ready’ tanker MT Frankie Russ](https://ship.energy/energy/tb-marine-shipmanagement-takes-on-methanol-ready-tanker-mt-frankie-russ/): Hamburg-headquartered TB Marine Shipmanagement has taken on the technical management of the new 18,500 DWT chemical/product tanker MT Frankie Russ. In a notice posted on LinkedIn yesterday (15 September), the company said that the MT Frankie Russ is ‘built for the future’ with Ice Class 1B designation and a ‘methanol-ready design’. The MT Frankie Russ
- [Hanwha Power obtains AiP for LNG-ammonia multi-cargo bunker vessel concept](https://ship.energy/energy/hanwha-power-obtains-aip-for-lng-ammonia-multi-cargo-bunker-vessel-concept/): Hanwha Power has announced that it has obtained Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for the concept design of a 22,000 cubic metre (cbm) LNG bunkering vessel with multi-cargo capability, enabling the transport of both LNG and ammonia. In a statement, Hanwha Power noted that with the AiP, which was
- [LNG shipping companies trialling continuous emissions measurement technology](https://ship.energy/energy/lng-shipping-companies-trialling-continuous-emissions-measurement-technology/): A new joint development project (JDP) has launched with the aim of facilitating compliance and independently verifying the accuracy of continuous emissions monitoring system (CEMS) technology onboard a new LNG carrier. The trial is being undertaken by class society Lloyd’s Register (LR), LNG carrier owner and operator Seapeak, and maritime technology companies Kongsberg Maritime (KM)
- [New trainees join Monjasa’s bunker trading programme](https://ship.energy/energy/new-trainees-join-monjasas-bunker-trading-programme/): Danish bunker company Monjasa has welcomed nine trainees to its next Monjasa Oil & Shipping Trainee (MOST) programme. Monjasa launched the two-year MOST programme in 2018 with the aim of providing young candidates with a structured series of placements across its bunker trading business. Candidates accepted into the programme also become part of two global rotations across Monjasa offices in
- [€100 million EIB loan to help transform Klaipėda into a ‘defence and clean-energy hub’](https://ship.energy/energy/e100-million-eib-loan-to-help-transform-klaipeda-into-a-defence-and-clean-energy-hub/): The European Investment Bank (EIB) is providing a €100 million loan to help transform the Lithuanian port of Klaipėda into a ‘strategic gateway for defence, energy and trade in the Baltic region’ – and some of the funding will be used to ramp up shoreside electricity facilities to make them suitable for North Atlantic Treaty
- [Marine biofuel supply chain trial shows no sign of under blending, but increased scrutiny still required – says GCMD](https://ship.energy/information/marine-biofuel-supply-chain-trial-shows-no-sign-of-under-blending-but-increased-scrutiny-still-required-says-gcmd/): A supplier declaration documented in a bunker delivery note is not enough to prevent fuel buyers bunkering biofuel blends that contain a lower percentage of renewable content than they have paid for. That is a key finding from the ‘Quantity assurance in marine biofuel supply chains’ report recently published by the Singapore-based Global Centre for Maritime
- [Electric-propelled, WAPS-equipped VLAC secures AiP from BV](https://ship.energy/energy/electric-propelled-waps-equipped-vlac-secures-aip-from-bv/): An electric-propelled, wind-assisted propulsion system (WAPS)-equipped very large ammonia carrier (VLAC) developed by Jiangnan Shipyard has been awarded Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV). The AiP, which was announced at Gastech 2026 in Bangkok this week, recognises a ‘next-generation vessel concept designed to support the safe, efficient and low-carbon transportation
- [Everllence converting Navigator Gas pair to run on ethane](https://ship.energy/energy/everllence-converting-navigator-gas-pair-to-run-on-ethane/): Everllence's after-sales division, Everllence PrimeServ, has signed a contract with liquefied-gas shipping company Navigator Gas for the conversion of two of its vessels to run on ethane. Both conversions are based on the eight years of service experience gained by Navigator Gas’s Navigator Aurora, which, as previously reported by ship.energy, underwent an identical conversion in 2018 by Everllence.
- [K Shipbuilding and Lloyd's Register team up on ethanol-fuelled MR tanker design](https://ship.energy/energy/k-shipbuilding-and-lloyds-register-team-up-on-ethanol-fuelled-mr-tanker-design/): K Shipbuilding and Lloyd's Register (LR) have agreed to collaborate on the development of an ethanol-fuelled 50,000 DWT Medium Range (MR) tanker, with the aim of achieving Approval in Principle (AiP) from LR and presenting a ‘commercially competitive’ vessel concept for the product tanker market. The joint development project was announced this week at Gastech
- [Construction underway on SMF Ferries’ new hybrid ferry](https://ship.energy/energy/construction-underway-on-smf-ferries-new-hybrid-ferry/): Chartwell Marine has announced that construction has begun on its hybrid ferry design for SPM Ferries at AISTER’s shipyard in Spain. The Saint Pierre-and Miquelon ferry will replace Jeune France and connect the self-governing overseas French collective Saint-Pierre and the neighbouring island of Langlade. The ferry is due to begin operations in 2027. Chartwell was
- [STS LNG bunkering solution awarded AiP by BV](https://ship.energy/energy/sts-lng-bunkering-solution-awarded-aip-by-bv/): Bureau Veritas Marine & Offshore (BV) has awarded Approval in Principle (AiP) to Ningbo Kairong New Energy (Kairong) and Sweden-based MannTek for their jointly developed ship-to-ship (STS) LNG Bunkering Crane Master System. The AiP was awarded at this week’s Gastech 2026 in Bangkok where earlier in the day Kairong and MannTek had signed a Joint
- [Antwerp shipping traffic ‘has fully resumed’, following Deurganckdok oil spill](https://ship.energy/information/antwerp-shipping-traffic-has-fully-resumed-following-deurganckdok-oil-spill/): An oil spill at Deurganckdok has been disrupting activities in Antwerp, but the Port of Antwerp Bruges reported this morning (15 September) that ‘shipping traffic has fully resumed’, while the mooring ban at berths K1714, K1716 and K1720 remains in force and ‘cleanup operations are ongoing’. The Port Authority issued its first alert on the situation
- [REFEST project partners ‘validate’ battery models designed to last longer in cold-water conditions](https://ship.energy/technology/refest-project-partners-validate-battery-models-designed-to-last-longer-in-cold-water-conditions/): REFEST, the European Union (EU) funded project that aims to ‘drive forward the hybridisation of European fishing fleets,' has announced that two of its partners – EAS Batteries and Klaipėda University – have validated proposed battery models designed to have increased lifetimes of more than 10% when operating in harsh cold-water conditions. In a statement
- [Hempel inks 3-year hull coatings agreement with Maersk for fleet dry dockings](https://ship.energy/technology/hempel-inks-3-year-hull-coatings-agreement-with-maersk-for-fleet-dry-dockings/): Hempel has signed a three-year global hull coatings agreement with A.P. Moller - Maersk (Maersk) which it says covers a ‘substantial share' of the container shipping giant's 2026 to 2028 dry dock programme. In a statement issued today (14 September), Malgorzata Kolton, Executive Vice President and Head of Marine at Hempel, said: ‘Maersk is widely
- [Trio developing hybrid-electric LNG carrier design](https://ship.energy/energy/trio-developing-hybrid-electric-lng-carrier-design/): Lloyd’s Register (LR) has joined forces with HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) to develop a new generation of LNG carrier designs using hybrid electric propulsion. The partners signed an Approval in Principle (AiP) at Gastech 2026 in Bangkok this week to advance the design of a 185,000
- [Chart Industries supplying fuel systems for Samskip’s hydrogen-powered SeaShuttles](https://ship.energy/energy/chart-industries-supplying-fuel-systems-for-samskips-hydrogen-powered-seashuttles/): Chart Industries has reported that it will supply the liquid hydrogen fuel systems for Samskip’s SeaShuttle 1 and 2, which are set to be the world's first hydrogen-powered container vessels. As previously reported, SeaShuttle ships– which are currently under construction – are scheduled to start operations between Rotterdam and Oslo in 2027 as part of
- [NYK launches hybrid electric and fuel cell-equipped cruise ship Amane](https://ship.energy/technology/nyk-launches-hybrid-electric-and-fuel-cell-equipped-cruise-ship-amane/): NYK has announced that it held a naming and launching ceremony on Friday (11 September) for its new hybrid-electric cruise ship Amane at the Maehata shipyard in Sasebo City, Japan. The Amane is being built as the successor to the Lady Crystal, a restaurant ship currently operating in Tokyo Bay. Following interior outfitting and related
- [Steel cut for LNG-fuelled Carnival Tropicale](https://ship.energy/energy/steel-cut-for-lng-fuelled-carnival-tropicale/): A steel-cutting ceremony was held on Friday (11 September) for the LNG-fuelled cruise ship Carnival Tropicale that is being built by Meyer Werft. The new Excel-class cruise ship is scheduled to set sail on her maiden voyage from Galveston, Texas, in April 2028. The Carnival Tropicale is based on the design of her sister ship,
- [Cavotec bringing EVIAS e-vehicle charging technology to ports worldwide](https://ship.energy/information/cavotec-bringing-evias-e-vehicle-charging-technology-to-ports-worldwide/): Cavotec has been appointed the exclusive distributor and installer to the global port segment of EVIAS’ technology for automatic ground-based charging technology. In a statement issued today (14 September), Cavotec said that: ‘The technology enables charging of electric vehicles while driving, thereby increasing equipment utilisation and saving space in busy ports.’ The system used a
- [ABB’s voyage and route optimisation integrated into Oceanly Performance platform](https://ship.energy/technology/abbs-voyage-and-route-optimisation-integrated-into-oceanly-performance-platform/): Technology companies Oceanly and ABB have announced a collaboration that brings together the former’s expertise in high-frequency vessel data, performance and emissions monitoring and analytics with the latter’s capabilities in marine technology, voyage optimisation, automation, electrification and lifecycle management solutions. According to Oceanly, a key initial element is the integration of ABB’s voyage and
- [SeaLoading and Petrobras sign new long-term agreement for cargo transfer vessel](https://ship.energy/information/sealoading-and-petrobras-sign-new-long-term-agreement-for-cargo-transfer-vessel/): SeaLoading, an MOL Group company, has secured a long-term contract for its cargo transfer vessel (CTV) SeaLoader 2 with Petrobras, Brazil's national oil company, to continue providing offshore crude oil transfer services in Brazil. In a statement issued today (14 September) on LinkedIn, MOL Group said SeaLoader 2 commenced operations for Petrobras in 2022, initially
- [Trelleborg and Simwave to launch fuel transition-focused equipment training programme](https://ship.energy/energy/trelleborg-and-simwave-to-launch-fuel-transition-focused-equipment-training-programme/): Trelleborg Marine & Infrastructure and Simwave are launching the first modules of the former’s specialised transfer equipment-focused training programme at Gastech 2026 in Bangkok this week. Amid an expansion of LNG bunkering, and with other alternative fuels also gaining momentum, the programme is designed to address critical crew competency gaps, Trelleborg said in a statement
- [ABS and Korean stakeholders looking to develop standards for hydrogen-fuelled ships](https://ship.energy/energy/abs-and-korean-stakeholders-looking-to-develop-standards-for-hydrogen-fuelled-ships/): Classification society ABS has signed a memorandum of understanding (MOU) with three South Korean maritime organisations which will ‘target ISO standards for hydrogen ships, smart shipyards and future maritime technologies’. In a statement sent to ship.energy yesterday (13 September), ABS said that it will be working with the Korea Marine Equipment Research Institute (KOMERI), the
- [Goldwind’s new Mongolian facility produces first trial batch of biomethanol](https://ship.energy/energy/goldwinds-new-mongolian-facility-produces-first-trial-batch-of-biomethanol/): Beijing-headquartered company Goldwind Green Energy has completed a first trial run at its new green methanol production facility in Inner Mongolia. According to information sent to ship.energy by MI – The Global Methanol Alliance, the trial was completed yesterday (10 September) and the plant’s first 500 tonnes of product is now headed to South Korea.
- [Amogy and LOTTE Fine Chemical to explore ammonia bunkering in South Korea](https://ship.energy/energy/amogy-and-lotte-fine-chemical-to-explore-ammonia-bunkering-in-south-korea/): Ammonia-to-power solutions company Amogy and specialty chemicals company LOTTE Fine Chemical (LFC) have agreed to explore supplying ammonia to vessels equipped with the former’s technology, leveraging the latter’s ammonia terminal at Ulsan Port and ship bunkering capabilities. The agreement is one of three priority areas that will be advanced through a broader Memorandum of Understanding
- [Current CII calculation mechanism makes it ‘virtually impossible’ for bunker vessels to achieve C Rating - IBIA](https://ship.energy/information/current-cii-calculation-mechanism-makes-it-virtually-impossible-for-bunker-vessels-to-achieve-c-rating-ibia/): IBIA has submitted a proposal to the upcoming MEPC 85 meeting calling for changes to the way the Carbon Intensity Indicator (CII) is calculated for bunker vessels, arguing that the current CII calculation mechanism makes it ‘virtually impossible’ for them to achieve the regulation’s required C Rating. In a statement issued today (11 September) on
- [First Norsepower Rotor Sail installed on LDA’s methanol-powered Spirit of Toulouse](https://ship.energy/energy/first-norsepower-rotor-sail-installed-on-ldas-methanol-powered-spirit-of-toulouse/): Wind propulsion specialist Norsepower has worked with Wuchang Shipyard to complete the installation of the first of six Rotor Sails that will be supplied to LD Armateurs’ (LDA) RoRo vessel, the Spirit of Toulouse. All six Rotor Sails will installed at the Wuchang Shipyard in Shanghai before the vessel undergoes sea trials. The vessel also
- [Viking’s hydrogen-powered cruise vessel launched at Fincantieri’s Ancona shipyard](https://ship.energy/energy/vikings-hydrogen-powered-cruise-vessel-launched-at-fincantieris-ancona-shipyard/): The launch ceremony of Viking Astrea, a hydrogen-powered cruise ship under construction for Viking, has taken place at Fincantieri’s Ancona shipyard. With a gross tonnage of approximately 54,300 tonnes, a length of 239 metres, the Viking Astrea will feature a propulsion system partially powered by liquid hydrogen and fuel cells. As previously reported by ship.energy,
- [New dual-fuel LNG carrier named at SHI shipyard](https://ship.energy/information/new-dual-fuel-lng-carrier-named-at-shi-shipyard/): Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has announced that a naming ceremony for the newbuilding LNG carrier Toho Emerald was held at a Samsung Heavy Industries (SHI) facility in South Korea on Wednesday (9 September). The carrier is owned by T.K. LNG Shipping Pte. Ltd., a joint venture between “K” LINE and Toho LNG Shipping.
- [First TTS LNG bunker delivery to Baleària vessel in Tenerife](https://ship.energy/energy/first-tts-lng-bunker-delivery-to-balearia-vessel-in-tenerife/): The Port of Tenerife has played host to the first truck-to-ship (TTS) LNG bunker operation of a Baleària vessel. The bunkering, which took place yesterday (10 September) at the Canary Islands port, saw the Spanish ferry company’s Mercedes Pinto fast ferry fuelled via a multi-truck operation. The operation began around 12.30pm at the Anaga Dock
- [BC Ferries cleared to apply price cap balance to offset fuel costs](https://ship.energy/information/bc-ferries-cleared-to-apply-price-cap-balance-to-offset-fuel-costs/): The BC Ferries Commissioner has approved British Columbia-based BC Ferries’ request to apply its price cap balance as of 30 September to offset higher fuel costs. In a statement issued yesterday (10 September), BC Ferries explained that: ‘The price cap limits the average amount BC Ferries can collect from fares over a rolling four-quarter period;
- [ABS opens support facility in Bergen](https://ship.energy/information/abs-opens-support-facility-in-bergen/): Classification and technical advisory services provider ABS has officially opened a new offshore and marine support centre in Bergen, Norway. In a statement issued yesterday (10 September), John McDonald, ABS Chairman and CEO, said: ‘We see Norway as a leading centre for innovation and expertise that will help define the future of maritime. As we
- [Port of Long Beach reports busiest August on record](https://ship.energy/policy/ports/port-of-long-beach-reports-busiest-august-on-record/): The Port of Long Beach has recorded its busiest August on record and the fifth-strongest month in its 115-year history. The Californian port moved 919,992 twenty-foot equivalent units (TEU) last month, up 2% from August 2025. Imports rose 3.6% to 456,100 TEUs, exports were up 4% to 99,754 TEUs and empty containers dipped 0.39% to
- [Towards agreement: What ISWG-GHG 22 means for the Net-Zero Framework](https://ship.energy/energy/towards-agreement-what-iswg-ghg-22-means-for-the-net-zero-framework/): Reflecting on the discussions which took place at last week’s Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 22), Alasdair Wishart, Director of Technical and Policy at the Institute of Marine Engineering, Science and Technology (IMarEST), believes that the conversation has moved on significantly since the suspension of the Net Zero Framework
- [BIMCO: Likelihood of agreement on NZF this year is 'questionable'](https://ship.energy/information/bimco-likelihood-of-agreement-on-nzf-this-year-is-questionable/): BIMCO has warned that despite ‘some sporadic signs of willingness to compromise’ during last week’s ISWG-GHG 22, disagreements on aspects of the IMO Net Zero Framework (NZF) mean that 'convergence... seems challenging’ and it is 'questionable if there is enough time to allow for a new or revised framework to emerge during MEPC 85 in
- [Polaris Shipping opts for WinGD’s fuel flexible engines for Newcastlemax quartet](https://ship.energy/information/polaris-shipping-opts-for-wingds-fuel-flexible-engines-for-newcastlemax-quartet/): WinGD has announced it has secured an order from Polaris Shipping for four X72DF-M-1.0 engines that can operate on methanol and ethanol. The engines will power four 210,000 DWT ore carriers being built for Polaris Shipping at Qingdao Beihai Shipbuilding Heavy Industry Co in China, with delivery scheduled for 2031. ‘Shipowners are looking for flexible
- [Ilya Espino de Marotta takes office as Panama Canal Administrator](https://ship.energy/information/ilya-espino-de-marotta-takes-office-as-panama-canal-administrator/): Ilya Espino de Marotta officially assumed her new position this week as the Administrator of the Panama Canal for the 2026–2033 term. Espino de Marotta, who is the first woman to hold the Panama Canal’s highest executive position, began her career in 1985 as a marine engineer and the only female engineer at the shipyard
- [BV and Everllence ink five-year framework agreement for maritime decarbonisation](https://ship.energy/technology/bv-and-everllence-ink-five-year-framework-agreement-for-maritime-decarbonisation/): Classification society Bureau Veritas Marine & Offshore (BV) and engine maker Everllence have signed a framework agreement for a five-year partnership focused on maritime decarbonisation and digitalisation. Signed at SMM 2026 in Hamburg last week, the agreement will bring together Everllence's expertise in marine propulsion, energy systems and emissions-reduction technologies with BV's capabilities in classification,
- [IBIA condemns attacks on commercial shipping](https://ship.energy/information/ibia-condemns-attacks-on-commercial-shipping/): In a strong condemnation of attacks against commercial shipping, issued today (10 September), IBIA – International Bunker Industry Association alluded to the impact on the bunkering industry following an incident off Dubai yesterday involving a Peninsula bunker tanker in which a crew member died and one was reported missing. ‘These incidents are a tragic reminder
- [Osaka Gas claims STS LNG bunkering first in Osaka Bay](https://ship.energy/energy/lng/osaka-gas-claims-sts-lng-bunkering-first-in-osaka-bay/): Japan’s Osaka Gas Co. says it has completed the first-ever ship-to-ship (STS) LNG bunkering operation in Osaka Bay. The milestone fuelling saw the Osaka Bay LNG Shipping Co.-owned Seto Azure LNG bunkering vessel, acting through Singapore-based marine fuel trading company through INTEGR8 FUELS PTE. LTD, supply an unnamed pure car and truck carrier (PCTC) operated by an overseas
- [New UK alternative fuels coalition aiming to accelerate low-carbon shipping transition](https://ship.energy/energy/new-uk-alternative-fuels-coalition-aiming-to-accelerate-low-carbon-shipping-transition/): The UK Chamber of Shipping and Cruise Lines International Association (CLIA) have today (8 September) announced the launch of the UK Alternative Maritime Fuels Coalition. The coalition, which will support a technology- and fuel-neutral policy approach ‘based on robust lifecycle emissions assessment and verifiable performance,’ brings together shipowners, fuel suppliers, producers and maritime technology developers
- [Marine insurers brought into the Poseidon Principles’ fold](https://ship.energy/information/marine-insurers-brought-into-the-poseidon-principles-fold/): The Poseidon Principles has expanded its associate membership to include marine insurers and, as such, it now encompasses the Poseidon Principles for Marine Insurance (PPMI), which was established in 2021. Created in 2019, the membership of the Poseidon Principles was initially limited to financial institutions. However, a decision was taken at its Annual Meeting in
- [Naming ceremony for first WAPS-equipped LNG carrier held in South Korea](https://ship.energy/energy/naming-ceremony-for-first-waps-equipped-lng-carrier-held-in-south-korea/): A naming ceremony was held today (10 September) at Hanwha Ocean Co.’s Geoje Shipyard in South Korea for what it says is the ‘world's first LNG carrier equipped with a wind-assisted propulsion system’ (WAPS). The 174,000 cubic metre (cbm) Fujin Sailor, which will be delivered under a long-term charter contract to Chevron Corporation (Chevron) at the end
- [Iino Lines inks TC contract for LPG dual-fuel VLGC with BGN](https://ship.energy/energy/iino-lines-inks-tc-contract-for-lpg-dual-fuel-vlgc-with-bgn/): Japanese shipowner IINO Kaiun Kaisha (Iino Lines) and United Arab Emirates-based energy and trading company BGN have signed a time charter (TC) contract for a 90,000 cubic metre (cbm) capacity LPG dual-fuel very large gas carrier (VLGC). The vessel will be constructed at South Korea’s HD Hyundai Heavy Industries Co. and is scheduled for delivery
- [India plans to ‘lead from the front’ on green shipping](https://ship.energy/energy/india-plans-to-lead-from-the-front-on-green-shipping/): India’s Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, says that: ‘Green shipping is not a choice anymore, it is the direction the world is moving in’ – and India ‘intends to lead from the front’. Visting The Energy and Resources Institute’s (TERI) Gwal Pahari campus in Gurugram last week for a briefing by
- [Former Q88 executives develop Vessel Fact compliance and vessel data platform](https://ship.energy/information/former-q88-executives-develop-vessel-fact-compliance-and-vessel-data-platform/): Four senior executives who previously worked for SaaS technology provider Q88 have developed the Vessel Fact platform which enables vessel owners and operators to enter vessel data once and holds certificates, questionnaire data, officer matrix, load line particulars and inspection records together within a single source environment. The new company is headed by Chief Executive Stephen
- [Anders Boenaes to become Hapag-Lloyd COO next month](https://ship.energy/information/anders-boenaes-to-become-hapag-lloyd-coo-next-month/): Anders Boenaes, currently Senior Managing Director Network at Hapag-Lloyd, is set to become the new Chief Operating Officer (COO) of the Germany-headquartered shipping company on 1 October. Boenaes started his maritime career at Maersk in Copenhagen in 1993. In 2009 he became Vice President and Head of Africa Trades and as of 2014 he was
- [Asyad Group to explore shore power feasibility](https://ship.energy/technology/onshore-power/asyad-group-to-explore-shore-power-feasibility/): Oman’s Asyad Group has announced it has signed an agreement with Moon Rock Research & Development LLC (MRD) to assess the feasibility of implementing an onshore power supply system for vessels at ports. Asyad Drydock in Duqm is set to be the first site evaluated under the initiative, which was signed at the Gulf Green
- [Bayer and Neste to jointly scale winter canola in the US for biofuels production](https://ship.energy/energy/bayer-and-neste-to-jointly-scale-winter-canola-in-the-us-for-biofuels-production/): Bayer and Finnish energy company Neste have finalised a commercial agreement to jointly scale the German multinational’s newgold winter canola which can be used as a feedstock for renewable diesel and sustainable aviation fuel. In a statement issued yesterday (9 September), Bayer said the collaboration will enable it to significantly expand acres of winter canola in the
- [Compagnie Maritime Nantaise orders WAPS-equipped Ro-Ro vessel](https://ship.energy/energy/compagnie-maritime-nantaise-orders-waps-equipped-ro-ro-vessel/): Sogestran Group subsidiary Compagnie Maritime Nantaise (MN) has announced the construction of a new wind-assisted propulsion system (WAPS)-equipped Ro-Ro vessel which will transport cargoes for the space industry. A shipbuilding contract for the vessel, which will feature three automated OceanWings rigid sails, was signed with China State Shipbuilding Corporation (CSSC) subsidiary Guangzhou Shipyard International (GSI) on 21
- [Crew member dies in ‘incident’ off Dubai involving Peninsula's bunker tanker Hercules Star](https://ship.energy/information/crew-member-dies-in-incident-off-dubai-involving-peninsulas-bunker-tanker-hercules-star/): Marine fuel supplier Peninsula has informed ship.energy that one person has died and another is missing following an incident involving its 8,000 DWT tanker Hercules Star whilst at anchorage off Dubai. The company’s statement said that a specialist team has been deployed to locate the missing crew member and all other crew members are accounted
- [ISWG-GHG 22: Non-profits react](https://ship.energy/information/iswg-ghg-22-non-profits-react/): Environmental and human rights non-profit groups have given their reaction to last week’s Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 22), amid reports in an IMO statement that the meeting’s Norwegian chairperson Sveinung Oftedal had observed ‘a genuine willingness’ to make ‘concrete further progress’ on addressing concerns with the IMO Net-Zero
- [Silverstream’s performance assessment methodology receives RINA endorsement](https://ship.energy/information/silverstreams-performance-assessment-methodology-receives-rina-endorsement/): Air lubrication technology provider Silverstream has announced that its in-house performance assessment methodology has been independently assessed by the classification society RINA. According to a statement issued by Silverstream yesterday (8 September), the company has received a statement from RINA ‘concluding that the [performance assessment] methodology is suitable for assessing and quantifying the energy
- [Burando Energies completes first Norwegian physical bunker supply operation](https://ship.energy/energy/burando-energies-completes-first-norwegian-physical-bunker-supply-operation/): Rotterdam-headquartered Burando Energies has announced the completion of its first physical bunker supply in Norway. The operation saw Heerema Marine Contractors’ heavy-lift vessel Balder bunkered in Åmøyfjorden, Burando Energies said in a social media post today (8 September). The company did not disclose information related to fuel grade or volume. ‘This operation is a great
- [HMM and Vale sign $3.5 billion long term charter agreement](https://ship.energy/information/hmm-and-vale-sign-3-5-billion-long-term-charter-agreement/): South Korea’s HMM has announced that it has signed a KRW 4.7 trillion ($3.5 billion) long-term shipping contract with Brazilian mining company, Vale. In a statement issued today (9 September), HMM said it will start transporting iron ore for Vale in 2030, with the cargo set to be moved on eight new 210,000 DWT Newcastlemax
- [12,000 cbm Titan Vision LNGBV set for maiden loading operation in Klaipėda](https://ship.energy/energy/12000-cbm-titan-vision-lngbv-set-for-maiden-loading-operation-in-klaipeda/): Titan Clean Fuels’ Titan Vision, a 12,000 cubic metre (cbm) LNG bunker vessel (LNGBV), has arrived at the Klaipėda LNG terminal for what KN Energies says will be the vessel’s first LNG reloading operation in Klaipėda. During the operation, more than 11,000 cbm of LNG will be reloaded to the vessel, KN Energies said in
- [SEA-LNG reflects on ISWG-GHG 22, its first IMO meeting since gaining consultative status](https://ship.energy/information/sea-lng-reflects-on-iswg-ghg-22-its-first-imo-meeting-since-gaining-consultative-status/): SEA-LNG has published a statement on its website reflecting on last week's ISWG-GHG 22, the first IMO meeting it has attended since being granted consultative status by the IMO Council in July. The meeting, which drew around 1,200 in-person and virtual participants according to the IMO's own summary, saw debate that SEA-LNG described as ‘more
- [DNV: LNGBV fleet may need to more than double by 2030 to meet demand](https://ship.energy/energy/dnv-lngbv-fleet-may-need-to-more-than-double-by-2030-to-meet-demand/): The global LNG bunker vessel (LNGBV) fleet may need to more than double by the end of the decade in order to keep up with demand from LNG-powered vessels, a new white paper from class society DNV has found. The white paper, Gas bunker vessels: facilitating the transition to alternative fuels, estimates that between 165 and
- [ESL Shipping takes delivery of final Green Coaster series vessel](https://ship.energy/technology/esl-shipping-takes-delivery-of-final-green-coaster-series-vessel/): ESL Shipping has announced it has taken delivery of Luxomar, the twelfth and final vessel in its 5,400 DWT plug-in hybrid Green Coaster series of vessels. As previously reported by ship.energy, the Luxomar, as with the previous 11 in the series, was built at Chowgule & Company in India. The 90-metre-long, Cyprus-flagged vessel features a Yanmar 1,920 kW
- [bound4blue secures Bureau Veritas Design Assessment for Model 3-24 eSAIL](https://ship.energy/energy/bound4blue-secures-bureau-veritas-design-assessment-for-model-3-24-esail/): bound4blue has received a Design Assessment from Bureau Veritas Marine & Offshore for its Model 3-24 eSAIL which was developed to maximise the use of wind propulsion on larger vessels. The Design Assessment was presented during SMM in Hamburg last week. Over 50 of bound4blue’s eSAIL suction sail units have been ordered to date, with
- [Everllence and ME Production team up on lifecycle support for scrubbers](https://ship.energy/technology/everllence-and-me-production-team-up-on-lifecycle-support-for-scrubbers/): Everllence PrimeServ Omnicare and scrubber specialist ME Production have entered into a strategic cooperation aimed at strengthening lifecycle support for exhaust gas cleaning systems (EGCSs). The new agreement is expected to help vessel operators plan and execute scrubber maintenance more effectively during scheduled drydockings, Everllence said in a statement sent to ship.energy this morning (8
- [Babcock LGE launches ecoAPEX to improve onboard reliquefaction efficiency](https://ship.energy/energy/babcock-lge-launches-ecoapex-to-improve-onboard-reliquefaction-efficiency/): Marine engineering company Babcock LGE has developed ecoAPEX (Advanced Performance Extraction), which is a reliquefaction architecture designed to make better use of energy onboard vessels carrying fuels. Babcock LGE highlights that dual-fuel gas carriers face an inherent inefficiency as energy is used to cool boil-off gas back to liquid while at the same time fuel
- [FuelTech and Lauterjung sign technical collaboration](https://ship.energy/energy/fueltech-and-lauterjung-sign-technical-collaboration/): Engineering company FuelTech, which specialises in solutions for dual-fuel engines running on alternative fuels, has announced a new technical collaboration with Germany’s Sunship Schiffahrtskontor KG Reederei M. Lauterjung. The collaboration, which was signed during last week’s SMM trade fair in Hamburg, focuses on the maintenance and long-term performance of FuelTech’s Gas Valve Trains (GVTs), which now
- [Nord Gas Solutions secures fuel supply system contract for gas carriers](https://ship.energy/energy/nord-gas-solutions-secures-fuel-supply-system-contract-for-gas-carriers/): Nord Gas Solutions has won a contract to supply the cargo handling system and LPG fuel supply system for two 40,000 cubic metre (cbm) medium gas carriers which are under construction at HD Hyundai for Byzantine Maritime. The contract was signed in June and announced by Nord Gas Solutions today (8 September). Nord Gas Solutions
- [Svitzer and Cheoy Lee Shipyards sign new contract for six 29-metre tugs](https://ship.energy/information/svitzer-and-cheoy-lee-shipyards-sign-new-contract-for-six-29-metre-tugs/): Global towage provider Svitzer and Cheoy Lee Shipyards have today (8 September) announced the signing of a new agreement for the construction of six additional 29-metre-long TRAnsverse tugs. In a statement posted on LinkedIn, Svitzer said the news comes as eight TRA2900 tugs already under construction at Cheoy Lee’s shipyard in Zhuhai, China are approaching
- [Lehmann Marine scales up battery production capacity](https://ship.energy/technology/lehmann-marine-scales-up-battery-production-capacity/): Maritime energy storage systems (ESS) company Lehmann Marine has announced it has significantly expanded its global production capacity with the commissioning of a dedicated manufacturing line at Sunlight Group’s industrial complex in Xanthi, northern Greece. ‘Following the assembly and quality verification of the first 82 CUBE battery modules, the new Xanthi line is now fully
- [Svitzer appoints new Managing Director for the UK](https://ship.energy/information/svitzer-appoints-new-managing-director-for-the-uk/): Towage and marine services provider Svitzer has announced the appointment of Matthew Gordon as Managing Director in the UK. Goodwin, whose previous experience includes stints as CEO of North Star, Managing Director, UK, at Atlantic Offshore, and Managing Director, UK, at Vroon Offshore Services, will oversee an operation comprising more than 75 tugs and support
- [Dorian LPG orders dual-fuel VLCC trio](https://ship.energy/energy/dorian-lpg-orders-dual-fuel-vlcc-trio/): Owner and operator Dorian LPG has entered into an agreement with Hanwha Ocean to build three 90,000 cubic metre (cbm) dual-fuel Panamax very large gas carriers (VLGC). The contract for the vessels, which are scheduled for delivery in June, September, and December of 2030, is worth approximately $345 million, Connecticut-based Dorian LPG said in a
- [Panama Canal defers next Neopanamax draft restrictions](https://ship.energy/information/panama-canal-defers-next-neopanamax-draft-restrictions/): The Panama Canal Authority has announced that, based on current water levels in Gatun Lake and weather projections, it is postponing the next planned Neopanamax draft reductions, but there will be adjustments to the number of daily transits at the Neopanamax locks. The Panama Canal Authority has already implemented some draft restrictions in anticipation of
- [ORLEN instigates new Baltic regional energy initiative](https://ship.energy/energy/orlen-instigates-new-baltic-regional-energy-initiative/): Polish company ORLEN has teamed up with 13 energy companies and organisations from Northern and Central Europe to establish the Baltic Energy Initiative which is aimed at harnessing the region’s energy sector’s capabilities to develop joint projects which can strengthen the energy security, infrastructure resilience and the competitiveness of the Baltic Sea region. The members
- [USTC brings Copenhagen-based offices together in new hub](https://ship.energy/information/ustc-brings-copenhagen-based-offices-together-in-new-hub/): Employees from Bunker Holding, Dan-Bunkering, Global Risk Management, CM Biomass, Unit IT, Uni-Tankers, Selfinvest, and United Shipping & Trading Co. (USTC) are to be based together in a new USTC hub located in the Marmormolen development in Nordhavn, Copenhagen. As explained by USTC today (7 September), the hub, which will feature over 150 workstations, ‘will
- [Everllence and Damen ink framework agreement for 175D engine](https://ship.energy/energy/everllence-and-damen-ink-framework-agreement-for-175d-engine/): Everllence and Damen Shipyards Group have signed a framework agreement regarding the serial supply of the OEM’s 175D engine. The basis of the agreement provides for a long-term partnership between the two parties for the delivery of high-speed engines for the Dutch shipbuilder’s Fuel Flexible tug programme – as well as other applications – ‘well into the
- [KR issues Statement of Fact to ShipWatch vessel performance calculation methodology](https://ship.energy/energy/kr-issues-statement-of-fact-to-shipwatch-vessel-performance-calculation-methodology/): Korean Register (KR) has undertaken a technical review which confirms that the vessel performance calculation methodology developed by ShipWatch aligns with the principles and performance-monitoring sequences set out in the international standards ISO 15016:2015 and ISO 19030:2016. ShipWatch is a voyage execution and performance monitoring platform used across fleets operated by affiliated companies Navig8 and
- [TotalEnergies Lubmarine launches lubricant for 4-stroke medium speed marine engines](https://ship.energy/technology/totalenergies-lubmarine-launches-lubricant-for-4-stroke-medium-speed-marine-engines/): TotalEnergies’ Lubmarine has announced the launch of a new trunk piston engine oil which it says is designed to help shipowners ‘reduce fuel consumption, lower operating costs and improve vessel efficiency.’ According to the company, extensive laboratory bench testing of the new product, Aurelia FE, has demonstrated fuel savings of 1.5% on a standardised IMO E3
- [Kongsberg Maritime to acquire Steerprop](https://ship.energy/technology/kongsberg-maritime-to-acquire-steerprop/): Norway-based Kongsberg Maritime has announced it has entered into an agreement to acquire Finnish azimuth propulsion systems designer and manufacturer, Steerprop. In a statement sent to ship.energy today (7 September), Kongsberg Maritime, which became a stand-alone company earlier this year, highlighted that the acquisition gives it access to a ‘well-established Arctic propulsion portfolio’ and strengthens its
- [UCL reacts to IMO ISWG-GHG: ‘Steady progress on the Net Zero Framework’ made but ‘high uncertainty’ remains](https://ship.energy/information/ucl-reacts-to-imo-iswg-ghg-steady-progress-on-the-net-zero-framework-made-but-high-uncertainty-remains/): The UCL Shipping and Oceans Research Group has provided its immediate reaction to The IMO’s 22nd Intersessional Working Group on GHG emissions, which concluded on Friday (4 September) in London. In a statement sent to ship.energy, UCL said two thirds of member states who took the floor at the meeting supported a centralised system for
- [ISWG-GHG 22: ‘Genuine willingness’ for further NZF progress, observes Chair](https://ship.energy/energy/iswg-ghg-22-genuine-willingness-for-further-nzf-progress-observes-chair/): The Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 22) concluded on Friday (4 September) with Chair Sveinung Oftedal observing: ‘a genuine willingness within the Group’ to make concrete further progress on the Net Zero Framework (NZF) at the next ISWG-GHG meeting ‘and work towards presenting text to MEPC 85’
- [DNV flags ‘strong summer’ for alternative-fuelled vessel orders](https://ship.energy/energy/dnv-flags-strong-summer-for-alternative-fuelled-vessel-orders/): Some 52 vessels were added to DNV’s Alternative Fuels Insight (AFI) platform in August, the highest monthly total since October 2024. Last month’s total follows another active month in July, when 47 vessels were added to the database, the class society said in a statement sent to ship.energy this morning (3 September). LNG-fuelled vessels accounted
- [TFG Marine installs ISO-certified mass flow meters on two US Gulf bunker barges](https://ship.energy/information/tfg-marine-installs-iso-certified-mass-flow-meters-on-two-us-gulf-bunker-barges/): TFG Marine has fitted ISO 22192-certified mass flow meters (MFMs) on two US Gulf bunker barges. According to a statement posted on LinkedIn this week, the Buffalo B414 and Buffalo B304 supply barges received their ISO certification last month. TFG Marine said the installations ‘form part of a broader push by our North America team
- [8,850 TEU Maersk boxship targeted for pioneering rotor sail retrofit](https://ship.energy/information/8850-teu-maersk-boxship-targeted-for-pioneering-rotor-sail-retrofit/): Anemoi has informed ship.energy that the 8,850 TEU (twenty-foot equivalent unit) Maersk Labrea is set to become the 'world's first’ container ship to be equipped with a rotor sail. As reported by ship.energy on Wednesday (2 September), Maersk and Anemoi have signed a deal that will see a 5 metre diameter, 35m high fixed rotor
- [Everllence inks LTSAs with TT-Line for LNG-fuelled vessels](https://ship.energy/energy/everllence-inks-ltsas-with-tt-lines-lng-fuelled-vessels/): Everllence has announced it has signed Long-Term Service Agreements (LTSAs) with German ferry operator TT-Line for four LNG-fuelled vessels. The agreements, announced at the 2026 SMM maritime trade fair in Hamburg, cover two newbuilding RoPax vessels currently under construction at China Merchants Jinling Shipyard (Jiangsu) Co., as well as two other vessels from TT-Lines’ existing
- [LR report identifies tankers, LNG and feeder vessels as near-term candidates for onboard CCS](https://ship.energy/information/lr-report-identifies-tankers-lng-and-feeder-vessels-as-near-term-candidates-for-onboard-ccs/): A new report released by Lloyd’s Register (LR) has identified MR and chemical tankers, LNG-fuelled vessels and feeder ships as the strongest near-term candidates for deployment of onboard carbon capture and storage (CCS), noting that regulatory certainty is needed to support the technology's adoption. According to the Applying Onboard Carbon Capture & Storage to Existing
- [Yanmar’s maritime hydrogen fuel cell system secures DNV Type Approval](https://ship.energy/information/yanmars-maritime-hydrogen-fuel-cell-system-secures-dnv-type-approval/): Yanmar Power Solutions Co has today (4 September) announced that its maritime hydrogen fuel cell system has achieved Type Approval from DNV. In a statement issued today (4 September), Yanmar said the approval confirms that the GH-FC series enables shipbuilders, system integrators, and vessel operators to adopt the technology with ‘greater confidence and reduced certification
- [12,500 cbm LNG bunker vessel design gains LR approval](https://ship.energy/energy/12500-cbm-lng-bunker-vessel-design-gains-lr-approval/): Lloyd's Register (LR) has awarded Approval in Principle (AiP) to CSSC Huangpu Wenchong Shipbuilding Co. for a new 12,500 cubic metre (cbm) LNG bunkering vessel design. Signed at this week’s SMM 2026, the AiP confirms that the vessel concept has successfully completed an independent design assessment against LR's latest classification requirements, the class society said
- [ORLEN and Port of Gdynia Authority to explore LNG, bioLNG bunkers](https://ship.energy/energy/orlen-and-port-of-gdynia-authority-to-explore-lng-biolng-bunkers/): Poland’s ORLEN and the Port of Gdynia Authority have signed an agreement to explore the use of LNG and bioLNG as marine fuels. The partnership will cover an assessment of market demand, the potential for LNG and bioLNG bunkering, as well as the necessary infrastructure, operational conditions and regulatory requirements needed to develop such services,
- [bound4blue wraps up installation of four 22-metre eSAILs onboard Marflet Marine chemical tanker](https://ship.energy/energy/bound4blue-wraps-up-installation-of-four-22-metre-esails-onboard-marflet-marine-chemical-tanker/): Spain-based bound4blue has announced it has completed the installation of four 22-metre eSAIL suction sails onboard compatriot Marflet Marine’s chemical tanker, Santiago I. The installation was completed at EDR Antwerp Shipyard following ‘wind ready’ preparation work at IMC Shipyard in Zhoushan, China, bound4blue said in a statement sent to ship.energy today (3 September). As previously
- [Perpetual Next and PreZero sign waste wood supply deal for biomethanol and biomethane production in the Netherlands](https://ship.energy/information/perpetual-next-and-prezero-sign-waste-wood-supply-deal-for-biomethanol-and-biomethane-production-in-the-netherlands/): Netherlands-headquartered Perpetual Next and European environmental services and waste management company PreZero have signed a low-grade waste wood supply deal that will see PreZero supply Perpetual Next’s two under development factories in the Netherlands with wood for biomethanol and biomethane production. In a statement sent to ship.energy today (3 September) Jurre Hijman, Perpetual Next’s CCO,
- [EST-Floattech contracted by Van Tiem Elektro to supply river cruise vessels with battery systems](https://ship.energy/technology/est-floattech-contracted-by-van-tiem-elektro-to-supply-river-cruise-vessels-with-battery-systems/): Netherlands-based EST-Floattech has announced it has been contracted by compatriot system integrator Van Tiem Elektro to supply its Octopus High Energy battery systems for a new series of 15 river cruise vessels. The vessels are being outfitted at De Gerlien van Tiem in Druten, and at Vahali Shipyards in Ghent, for a group of cruise
- [Oiltraining’s Visser joins IBIA as new Training & Technical Advisor](https://ship.energy/information/oiltrainings-visser-joins-ibia-as-new-training-technical-advisor/): IBIA – the International Bunker Industry Association has announced the appointment of Ton Visser as its new Training & Technical Advisor. In a statement issued today (3 September), IBIA highlighted Visser’s experience from across the oil, gas, chemical and bunker industries, having worked in the sector since 1985. His expertise includes refinery and chemical operations,
- [Construction of Svitzer’s battery-electric tugs underway in India](https://ship.energy/technology/construction-of-svitzers-advanced-battery-electric-tugs-underway-in-india/): A steel-cutting ceremony has been held at Cochin Shipyard in India for four battery-electric tugs being built for Svitzer. The ceremony follows a shipbuilding agreement signed last December between CSL and Svitzer for the TRAnsverse 2600e tugs. Built to the towage and marine services provider’s specifications, Svitzer describes the vessels as ‘highly advanced’ tugs capable
- [Lloyd’s Register and MARIC unveil tri-fuel-ready tanker concept](https://ship.energy/energy/lloyds-register-and-maric-unveil-tri-fuel-ready-tanker-concept/): Lloyd's Register (LR) and the Marine Design and Research Institute of China (MARIC) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia. In a statement sent to ship.energy today (3 September), LR said that by incorporating conversion readiness
- [Everllence launches engine-supported air lubrication tech](https://ship.energy/technology/everllence-launches-engine-supported-air-lubrication-tech/): Everllence has unveiled a new technology, Engine Supported Air Lubrication (ESAL), that integrates hull air-lubrication with the main engine to improve overall vessel propulsion efficiency. To coincide with the announcement, the company has released an industry white paper, A leap in vessel energy efficiency advancement with engine-supported air lubrication, which explains why greater energy efficiency is
- [RINA Type Approval for PowerCell Marine System 225](https://ship.energy/technology/rina-type-approval-for-powercell-marine-system-225/): PowerCell Group formally received a RINA Type Approval Certificate for its Marine System 225 during a ceremony held yesterday (1 Sepember) at SMM in Hamburg. The Marine System 225 is a compact fuel cell system delivering 225 kW of electric power with zero emissions. The certificate was presented by Patrizio Di Francesco, Special Project Manager
- [‘Pink Corridor’ project to explore safety requirements of nuclear-powered transatlantic box shipping route](https://ship.energy/energy/pink-corridor-project-to-explore-safety-requirements-of-nuclear-powered-transatlantic-box-shipping-route/): Class society Lloyd’s Register (LR), A.P. Moller - Maersk (Maersk), along with the Ports of Charleston and Port of Felixstowe, have announced a partnership to establish a ‘Pink Corridor’ project that will seek to identify and address the operational, security and safeguarding requirements for a theoretical nuclear-powered containership trading between the two ports. The project
- [Wallenius Marine orders two wing sails from Oceanbird for multi-fuel car carrier](https://ship.energy/energy/wallenius-marine-orders-two-wing-sails-from-oceanbird-for-multi-fuel-car-carrier/): Wallenius Marine has announced that it is to equip its multi-fuel car carrier M/V Way Forward with two wing sails from Oceanbird. Once complete, the installation will mark Wallenius Marine's first commercial use of wind-assisted propulsion. In a statement issued yesterday (1 September), the company said the addition of the sails is expected to further
- [Norden claims RSB Book & Claim registry first](https://ship.energy/energy/norden-claims-rsb-book-claim-registry-first/): Denmark-based Norden has announced it has delivered the first verified maritime emissions reductions through the Roundtable on Sustainable Biomaterials (RSB) Book & Claim registry, in a pilot completed in collaboration with Microsoft and RSB. In a statement issued today (2 September), Norden said the transaction ‘demonstrates that companies can begin meaningfully reducing and accounting for
- [Norwegian consortium launches WINTEGRATE project](https://ship.energy/energy/norwegian-consortium-launches-wintegrate-project/): Kongsberg Maritime has announced that it has teamed up with a consortium of leading Norwegian maritime companies and research institutions to launch WINTEGRATE – a new research and innovation project aimed at accelerating the adoption of wind propulsion in commercial shipping. The project has been awarded up to NOK 68 million through Norway's Green Platform
- [Hercules Vanessa ‘ultra-spec’ tanker vessel equipped to transport biofuels and methanol commences maiden voyage](https://ship.energy/information/hercules-vanessa-ultra-spec-tanker-vessel-equipped-to-transport-biofuels-and-methanol-commences-maiden-voyage/): Hercules Tanker Management has today (2 September) announced that its ‘ultra-spec’ 7,882 DWT oil/chemical products tanker vessel Hercules Vanessa has commenced its maiden voyage. According to a statement posted on LinkedIn by Hercules Tanker Management, the Hercules Vanessa is part of a series of 10 ‘ultra spec’ vessels that can transport and supply conventional marine
- [Yang Ming signs shipbuilding contract with Hanwha Ocean for six LNG dual-fuel container ships](https://ship.energy/information/yang-ming-signs-shipbuilding-contract-with-hanwha-ocean-for-six-lng-dual-fuel-container-ships/): Yang Ming has announced a new shipbuilding contract with Korean shipyard Hanwha Ocean for six 13,000 twenty-foot equivalent unit (TEU) class LNG dual-fuel container vessels. In a statement issued today (2 September), the Taiwanese container line said the vessels were scheduled for delivery between 2028 and 2029 and would be ‘ready to serve key east-west
- [WK NatPower and Jiangsu Port Investment to explore inland shipping electrification](https://ship.energy/technology/wk-natpower-and-jiangsu-port-investment-to-explore-inland-shipping-electrification/): Wah Kwong NatPower (WK NatPower) and Jiangsu Port Group subsidiary Jiangsu Port Group Investment Management Co. (Jiangsu Port Investment) have signed a Memorandum of Understanding (MoU) through which they will explore opportunities in marine electrification and green maritime solutions. In a statement issued today (2 September), WK NatPower, which as previously reported by ship.energy is a
- [Adria Ferries reports 2.3% fuel savings from using Propspeed coatings](https://ship.energy/energy/adria-ferries-reports-2-3-fuel-savings-from-using-propspeed-coatings/): Propspeed has reported that Adria Ferries has seen a 2-3% reduction in fuel consumption aboard its passenger ferry AF MIA following the application of Propspeed coatings to the vessel’s propeller blades. Adria Ferries applied Propspeed in March and, according to an internal analysis conducted by the ferry company, the AF MIA subsequently used an average
- [Engine for ‘world’s first’ ethanol-powered VLOC completes R&D test](https://ship.energy/information/engine-for-worlds-first-ethanol-powered-vloc-completes-rd-test/): Everllence has reported that the ‘world’s first’ Everllence B&W G80 ethanol-capable engine has been tested and verified at an R&D test at HD Hyundai Heavy Industries Engine and Machinery division in Korea. The engine will be installed on the third in a series of ten Very Large Ore Carriers (VLOCs) ordered by Shandong Shipping for
- [Anemoi rotor sail to be installed on Maersk vessel in container segment ‘world first’](https://ship.energy/information/anemoi-rotor-sail-to-be-installed-on-maersk-vessel-in-container-segment-world-first/): Maersk and Anemoi Marine Technologies say they have signed a ‘world first’ deal that will see a rotor sail installed on a container ship for the first time. According to a statement sent to ship.energy (2 September) the 5 metre (m) diameter, 35m high fixed rotor sail will be designed and manufactured by Anemoi and
- [Alfa Laval launches new exhaust gas steam boiler for cruise ships and passenger ferries](https://ship.energy/energy/alfa-laval-launches-new-exhaust-gas-steam-boiler-for-cruise-ships-and-passenger-ferries/): Alfa Laval says that its newly-launched Hukka-5 exhaust gas steam boiler will enhance waste heat recovery and fuel efficiency on cruise vessels and passenger ferries. In a statement sent to ship.energy today (2 September), Alfa Laval said that the Hukka-5’s ‘revolutionary’ inverted, downward natural circulation design enables efficient recovery of exhaust gas waste heat while
- [AZANE Fuel Solutions appoints new Operations Manager](https://ship.energy/energy/azane-fuel-solutions-appoints-new-operations-manager/): Norway’s AZANE Fuel Solutions has announced the appointment of Martin Cato Pettersen as its new Operations Manager. In a social media post today (2 September), the ammonia bunkering start-up highlighted Pettersen’s ‘extensive experience’ from the maritime and energy industries, including vessel management, gas infrastructure projects, terminal operations, and alternative marine fuels. The company added that Pettersen
- [MacGregor lands equipment order for TT-Line’s battery-hybrid LNG newbuilds](https://ship.energy/energy/macgregor-lands-equipment-order-for-tt-lines-battery-hybrid-lng-newbuilds/): MacGregor has signed contracts with China Merchants Jinling Shipyard to supply what it describes as a ‘comprehensive scope of RoRo equipment’ for TT-Line’s two new battery-hybrid LNG ferries. As previously reported by ship.energy, the Germany-based shipping company signed an order for one 240-metre ‘Green Ship 2.0’ vessel last December and confirmed an order for a second vessel
- [Verde Marine appoints trader to support new lubricants operations](https://ship.energy/energy/verde-marine-appoints-trader-to-support-new-lubricants-operations/): Netherlands-based Verde Marine Energy has expanded its services with the supply and procurement of marine lubricants. To support this new operation, the company has appointed Lubricant Trader Patrick Koers, Verde Marine said yesterday (1 September). Koers, who boasts more than 40 years of experience in shipping and lubricant trading, will be responsible for developing and
- [Kongsberg Maritime offering Elegance Pods for large cruise ships](https://ship.energy/technology/kongsberg-maritime-offering-elegance-pods-for-large-cruise-ships/): Kongsberg Maritime has expanded its Elegance Pod propulsion range with the launch of five new sizes delivering up to 22 MW so it can meet the requirements of the world’s largest cruise vessels. In a statement sent to ship.energy this morning, Kongsberg Maritime said that the new units will support both hybrid and fully electric
- [ABB powering ‘fuel agnostic, hybrid-electric’ Cook Strait ferries](https://ship.energy/technology/abb-powering-fuel-agnostic-hybrid-electric-cook-strait-ferries/): ABB will be providing power, propulsion and automation technology for two new Ro-Pax ferries which will form part of New Zealand’s Cook Strait Ferry Replacement Programme. The vessels, which will be named Kupe and Cook, will be built by China’s Guangzhou Shipyard International (GSI) and delivered to the New Zealand Government entity Ferry Holdings Limited
- [South Korea’s Green Shipping Corridor Act welcomed for its ‘clarity’ on eligible fuels and technologies](https://ship.energy/energy/south-koreas-green-shipping-corridor-act-welcomed-for-its-clarity-on-eligible-fuels-and-technologies/): With the public consultation period on the draft Enforcement Decree for South Korea’s new Green Shipping Corridor Act set to start tomorrow (2 September), the regulation has been praised for ‘clarity on the fuels and technologies eligible for support’. Set to take effect on 1 April 2027, the Green Shipping Corridor Act establishes a legal
- [MMT and Foreship team up for air lubrication solution](https://ship.energy/information/mmt-and-foreship-team-up-for-air-lubrication-solution/): Manta Marine Technologies (MMT) and Foreship by RINA have signed a framework agreement to collaborate on providing air lubrication technology to the maritime industry. In a statement sent to ship.energy today (1 September), MMT said that it will ‘assume full responsibility’ for Manta Air Lubrication – which is based on Foreship's air lubrication system design.
- [Odfjell to kit out second chemical tanker with bound4blue eSAILs](https://ship.energy/information/odfjell-to-kit-out-second-chemical-tanker-with-bound4blue-esails/): Wind propulsion specialist bound4blue has signed a repeat order with the deep-sea chemical tanker owner and operator Odfjell for the installation of four eSAILs on the 49,000 dwt Bow Optima. The retrofit, which is scheduled to take place in China in Q2 2027, follows the installation of bound4blue’s suction sails on sister vessel Bow Olympus
- [Methanol Institute rebrands as MI — The Global Methanol Alliance](https://ship.energy/energy/methanol-institute-rebrands-as-mi-the-global-methanol-alliance/): The Methanol Institute has today informed ship.energy that it has changed its name to MI — The Global Methanol Alliance, to reflect that it has now ‘grown into a global alliance connecting companies across every part of the methanol value chain’. In a statement sent to ship.energy this morning (1 September), Ben Iosefa, Chair of
- [MOL merges ship management companies](https://ship.energy/information/mol-merges-ship-management-companies/): Mitsui O.S.K. Lines (MOL) has competed the integration of its six ship management companies into one entity – MOL Global Ship Management Pte. Ltd. (MOLGSM) – which will now oversee the unified management of more than 200 vessels from across the MOL Group. In a statement issued today (1 September), MOL said that MOLGSM will
- [LR appoints new Senior Representative for Germany](https://ship.energy/information/lr-appoints-new-senior-representative-for-germany/): Lloyd’s Register (LR) has appointed Jens Grunenberg as its Senior Representative for Germany. Grunenberg, who will be based in Hamburg and represent LR across Germany, has accrued more than 15 years of maritime experience spanning ship operations, fleet management, technical leadership and seagoing service. A qualified marine engineer trained at the Maritime School in Cuxhaven,
- [Titan and Sogestran ink deal for 6,000 cbm LNG bunker vessel](https://ship.energy/energy/titan-and-sogestran-ink-deal-for-6000-cbm-lng-bunker-vessel/): Titan Clean Fuels has entered into a long-term agreement with shipowner Sogestran Group for the construction, charter and operation of a new 6,000 cubic metre (cbm) LNG bunker vessel which it plans to operate ‘throughout the Western Mediterranean’. In a statement sent to ship.energy today (1 September), Titan – which is part of the Molgas
- [Everllence starts full-scale testing of 175DF-M dual-fuel methanol engine](https://ship.energy/energy/everllence-starts-full-scale-testing-of-175df-m-dual-fuel-methanol-engine/): Everllence says that full-scale testing of its 12-cylinder 175DF-M dual-fuel methanol engine at its Test and Research Center in Frederikshavn, Denmark, has ‘validated operation in both diesel and methanol modes’. In a statement issued today (1 September), Everllence added that the first commercial orders for the high-speed engine have already been secured, with 12V and
- [Ground broken on new Bangladeshi terminal](https://ship.energy/information/ground-broken-on-new-bangladeshi-terminal/): APM Terminals yesterday (31 August) marked the official groundbreaking for a new terminal in Chattogram, Bangladesh, which is scheduled to start operations in in 2030. In a statement posted on its website, APM Terminals said that the $550 million project is the flagship outcome of a Government-to-Government (G2G) partnership between Bangladesh and Denmark and marks
- [BIMCO’s Russia Tanker Resale Restrictions Clause expected ‘in Q4 2026 at the earliest’](https://ship.energy/information/bimcos-russia-tanker-resale-restrictions-clause-expected-in-q4-2026-at-the-earliest/): BIMCO says its Russia Tanker Resale Restrictions Clause, which is being developed by a subcommittee BIMCO established in response to the EU's 20th sanctions package, will be available ‘in Q4 2026 at the earliest’. In an email sent to ship.energy following a subcommittee meeting last week (24-28 August) Indu Chitran, Maritime Contracts Manager at BIMCO,
- [WinGD: LNG ‘delivers strongest and earliest financial return’ among retrofit pathways – but more policy support needed to support business case](https://ship.energy/energy/winggd-lng-delivers-strongest-and-earliest-financial-return-among-retrofit-pathways-but-more-policy-support-needed-to-support-business-case/): In a newly-published study on how retrofitting for alternative fuels could help ship operators reach net-zero emissions cost-effectively, WinGD concluded that: ‘LNG delivers the strongest and earliest financial return, while ammonia and bio-methanol deliver substantially deeper emissions reductions but require longer payback periods.’ The report also noted that: ‘Under the assumptions modelled, all three retrofit
- [NYK Line acquires 50% stake in Avenir LNG from Stolt-Nielsen Gas](https://ship.energy/information/nyk-line-acquires-50-stake-in-avenir-lng-from-stolt-nielsen-gas/): NYK Line has acquired a 50% stake in LNG bunkering firm Avenir LNG from Stolt-Nielsen Gas Ltd, a wholly owned subsidiary of Stolt-Nielsen Ltd (SNI). Stolt-Nielsen Ltd previously held 100% ownership of Avenir LNG. As part of the acquisition, NYK and SNI have established a joint ownership and operating structure for Avenir LNG. In a
- [MB Energy completes small-scale truck-to-ship methanol bunkering trial with TUI Cruises](https://ship.energy/information/mb-energy-completes-small-scale-truck-to-ship-methanol-bunkering-trial-with-tui-cruises/): MB Energy has made a small methanol delivery to TUI Cruises’ Mein Schiff 7 cruise ship, with the fuel delivered during a truck-to-ship bunkering operation at the Port of Kiel set to be ‘used primarily for boiler operations on board’. In a statement issued today (1 September), MB Energy said approximately 25 cubic metres of
- [Repsol makes its first Chancay bunker delivery](https://ship.energy/information/repsol-makes-its-first-chancay-bunker-delivery/): Repsol has informed ship.energy that it has made its first bunker delivery at the Port of Chancay in Peru, supplying 740 metric tonnes (mt) of very low sulphur fuel oil (VLSFO) to a container vessel. In a statement sent to ship.energy this morning (1 September), Repsol reported that the delivery was made by its 20,000
- [Chinese certification system seeks pathway to future IMO recognition of domestic e-methanol](https://ship.energy/information/chinese-certification-system-seeks-pathway-to-future-imo-recognition-of-domestic-e-methanol/): China’s newly launched GSTC Green Marine Fuel Certification System offers a potential future GHG verification pathway for domestically produced e-methanol, according to Shanghai based energy specialist GL Consulting. In an email sent to ship.energy, Sihua Liang, policy analyst at GL Consulting, said the new certification system offers a ‘framework grounded in local industrial realities’ while
- [Optimum Voyage tech now available on Weilbach platform](https://ship.energy/technology/optimum-voyage-tech-now-available-on-weilbach-platform/): Optimum Voyage and Weilbach have entered a partnership making Optimum Voyage's voyage optimization technology available directly within the Weilbach platform as Weilbach Optimizer. The technology combines vessel-specific performance modelling with weather and ocean data to optimise both route and speed. In a statement sent to ship.energy yesterday (31 August), Martin Hjorth Simonsen, CEO of Optimum
- [DP World names new methanol dual-fuel vessel, DP World London](https://ship.energy/energy/dp-world-names-new-methanol-dual-fuel-vessel-dp-world-london/): DP World’s Shipping Solutions has named its new methanol dual-fuel vessel, DP World London, at a ceremony in Aarhus, Denmark. The Shipping Solutions business was founded in Aarhus in 1977 as Unifeeder and became part of DP World in 2018. In a statement issued yesterday (31 August), DP World said that: ‘Naming DP World London
- [Colonial Group to buy Foster Fuels](https://ship.energy/information/colonial-group-to-buy-foster-fuels/): Savannah-based Colonial Group, Inc. has informed ship.energy that it has entered into an agreement to acquire Foster Fuels, a Virginia-based provider of fuel, lubricants, propane, and ‘mission critical’ energy services. Foster Fuels’ mission critical services include emergency fuel response in critical industries as well as for natural disasters. According to the company’s website, Foster Fuels’
- [Singapore and Brazil partnering on green and digital shipping corridor](https://ship.energy/technology/singapore-and-brazil-partnering-on-green-and-digital-shipping-corridor/): Singapore and Brazil have signed a Memorandum of Understanding (MoU) to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC). In a statement issued today (28 August), the Maritime and Port Authority of Singapore (MPA) said the partnership will strengthen cooperation between the two countries on maritime decarbonisation and digitalisation, and support more sustainable and
- [UK Chamber of Shipping: Maritime decarbonisation requires ‘practical measures’ that enable stakeholders to ‘invest with confidence’](https://ship.energy/technology/uk-chamber-of-shipping-maritime-decarbonisation-requires-practical-measures-that-enable-stakeholders-to-invest-with-confidence/): As the UK’s Department for Transport (DfT) publishes a summary of responses to its strategy for net zero ports, the UK Chamber of Shipping has warned that ‘regulation alone will not delivery the transition’ – because ‘decarbonisation [also] requires progress on both vessels and infrastructure, supported by practical measures that enable ports, fuel suppliers and
- [Quartet of shipowners order dual-fuel LNG Vinga tankers](https://ship.energy/energy/quartet-of-shipowners-order-dual-fuel-lng-vinga-tankers/): Four shipping companies from Sweden, Norway, and Canada have ordered four new dual-fuel LNG ships — taking the series 26 vessels. The new investment was announced by Furetank today (28 August) in conjunction with the naming ceremony for Fure Vasa, a newly built Vinga vessel that has recently arrived in Europe from the China Merchants
- [Nuclear-power shipping initiative launched in Washington, D.C.](https://ship.energy/information/nuclear-power-shipping-initiative-launched-in-washington-d-c/): The International Atomic Energy Agency’s (IAEA) new initiative, Atomic Technologies Licensed for Applications at Sea (ATLAS), has been officially launched at a reception held in Washington, D.C. The reception was supported by American Bureau of Shipping (ABS) and EXCEL Services Corporation and hosted by K&L Gates. The launch of ATLAS was described by Virginia Crosbie,
- [OOCL names second 24,000 TEU methanol dual‑fuel boxship](https://ship.energy/energy/oocl-names-second-24000-teu-methanol-dual-fuel-boxship/): Orient Overseas Container Line Ltd. (OOCL) has today (28 August) held the naming ceremony for OOCL Grace, the company's second 24,000 TEU (twenty-foot equivalent unit) methanol dual-fuel container vessel. The naming ceremony was held at the shipyard of Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS). ‘In a complex and ever-changing market environment, OOCL remains
- [KfW IPEX-Bank announces €79 million financing for two methanol dual fuel bulk carriers](https://ship.energy/information/kfw-ipex-bank-announces-e79-million-financing-for-two-methanol-dual-fuel-bulk-carriers/): KfW IPEX-Bank has announced €79.3 million in financing for the construction of two self-unloading methanol dual fuel bulk carriers. According to a statement issued by the Germany-headquartered bank today (28 August), the vessels will be owned by a joint venture between Hartmann Schiffsbeteiligungen GmbH & Co. KG and The CSL Group Inc. and will operate
- [Ammobia and Lummus Technology teaming up to commercialise low-carbon ammonia](https://ship.energy/energy/ammobia-and-lummus-technology-teaming-up-to-commercialise-low-carbon-ammonia/): Modular ammonia production technology developer Ammobia has announced an agreement with process technologies and energy solutions provider Lummus Technology to license and deploy the former’s ammonia production system. Through the partnership, announced yesterday (27 August), San Francisco-based Ammobia’s technology will be deployed in commercial installations worldwide and used in integrated solutions that complement Lummus’ hydrogen
- [DNV: Current environment for shipping’s decarbonisation ‘defined by uncertainty and fragmentation’](https://ship.energy/information/dnv-current-environment-for-shippings-decarbonisation-defined-by-uncertainty-and-fragmentation/): The tenth edition of DNV’s Maritime Forecast to 2050, published today (27 August), shows that over 10% of global vessel gross tonnage is currently equipped with alternative fuel technologies, rising to nearly 40% in the newbuild order book, but while the report suggests that the global fleet could consume 25% less energy by 2050 with
- [COSCO Shipping Ports’ H1 throughput tops 80 million TEUs, as it looks to ‘expand the use of clean energy’](https://ship.energy/information/cosco-shipping-ports-h1-throughput-tops-80-million-teus-as-it-looks-to-expand-the-use-of-clean-energy/): Announcing its interim results for the first half (H1) of 2026 today (28 August), COSCO Shipping Ports Limited reported that its total cargo throughput increased by 7.9% year-on-year (y-o-y) to 80,157,047 twenty-foot equivalent units (TEUs). The company added that its revenue increased by 12.3% to $905.3 million, while gross profit was up by 9.3% to
- [RINA unveils its Mermaid ‘future-ready ship design’](https://ship.energy/technology/rina-unveils-its-mermaid-future-ready-ship-design/): RINA has unveiled a ‘future-ready’ ship propulsion concept, called Mermaid, which it says will ‘help shipowners reduce fuel consumption, lower emissions, improve operational resilience and protect long-term asset value’. In a statement postponed on its website yesterday (27 August), RINA said that the Mermaid concept ‘expands the role of a vessel's highly efficient two-stroke main
- [Emvolon inks purchasing and financing agreements with Freepoint Commodities](https://ship.energy/energy/emvolon-inks-purchasing-and-financing-agreements-with-freepoint-commodities/): Biomethanol startup Emvolon has signed two commercial agreements with commodity trader Freepoint Commodities. The transaction establishes Freepoint as both the anchor off-taker and a cornerstone project capital partner across Emvolon’s global deployment pipeline, Emvolon, an MIT-spinout, said in a statement yesterday (27 August). Under a seven-year Commodity Purchase Framework Agreement, valued at $450 million, Freepoint will serve
- [CMA CGTM postpones South American low water surcharge](https://ship.energy/information/cma-cgtm-postpones-south-american-low-water-surcharge/): Container shipping giant CMA CGM has announced that the low water surcharge (LWS) on cargo bound from South America’s west coast which was initially scheduled to begin from 1 September has now been postponed to 1 October. In a statement issued yesterday (27 August), CMA CGM said that the LWS of $150 per twenty-foot equivalent
- [Petrobras authorised to bunker foreign-bound vessels by barge in Suape](https://ship.energy/energy/petrobras-authorised-to-bunker-foreign-bound-vessels-by-barge-in-suape/): Brazil’s national oil company Petrobras has today sent an email to its customers informing them that its bunker department has received authorisation to sell products for vessels bound for foreign destinations via barge at the port of Suape. Located in the state of Pernambuco, Suape is the largest public port in Brazil’s northeast region.
- [ICM supplying processing tech for Atvos’ Brazilian corn ethanol production plant](https://ship.energy/energy/icm-supplying-processing-tech-for-atvos-brazilian-corn-ethanol-production-plant/): Kansas-based ICM, Inc. will be providing process technology for Atvos’ first corn ethanol facility in Brazil. The project will be integrated into Atvos' existing Santa Luzia industrial complex in Nova Alvorada do Sul, Mato Grosso do Sul. When complete, the facility will be able to process 642,000 metric tonnes of corn annually and produce 273
- [Exmar names latest dual fuel ammonia vessels](https://ship.energy/energy/exmar-names-latest-dual-fuel-ammonia-vessels/): Exmar has held a naming ceremony for the Adinkerke and Aalter, the company’s third and fourth dual fuel ammonia ocean going vessels. ‘Soon, they will join our fleet, next to their sister vessels Antwerpen and Arlon,’ Exmar said in a social media post today (27 August). As previously reported, Exmar took delivery of the Antwerpen, the world’s first oceangoing vessel powered by a
- [Corvus Energy and BYD join forces to develop new high-power LFP ESS](https://ship.energy/technology/corvus-energy-and-byd-join-forces-to-develop-new-high-power-lfp-ess/): Energy storage systems (ESS) company Corvus Energy has launched a new a lithium iron phosphate (LFP) energy storage system developed together with BYD Energy Storage. The Blue Whale NxtGen Power is the first product to come out of the strategic cooperation between Corvus and BYD Energy Storage, which, as previously reported by ship.energy, was announced
- [Pioneering battery-powered bulker starts operations](https://ship.energy/technology/pioneering-battery-powered-bulker-starts-operations/): The MV Yampu, said to be the ‘world’s first battery-powered self-unloading bulk carrier’, has commenced operations. As previously reported by ship.energy, the 125-metre-long vessel, which is purpose built for CSL, features a battery system supplied by AYK Energy. The Yampu will transport limestone from Adbri’s Klein Point quarry on South Australia’s Yorke Peninsula to the
- [Outage at South Africa’s Natref refinery](https://ship.energy/energy/outage-at-south-africas-natref-refinery/): South Africa’s Sasol Oil has reported that its Natref refinery has experienced an unplanned shutdown of a downstream unit, which has ‘impacted its ability to meet its full supply commitments of certain product grades’. In a statement issued yesterday (26 August), Sasol said that this ‘includes jet fuel supply to Sasol Oil’s customers at O.R.
- [Iran and Oman agree on temporary transit route through Strait of Hormuz](https://ship.energy/information/iran-and-oman-agree-on-temporary-transit-route-through-strait-of-hormuz/): Iran and Oman are reported to have agreed on a temporary transit route for shipping through the Strait of Hormuz but Iran has warned that a full opening of the waterway is contingent on the U.S. adhering to its commitments set out in the 60 Memorandum of Understanding between the two countries, which expired earlier
- [KR seeking feedback on amended guidance for low-flashpoint fuels](https://ship.energy/energy/kr-seeking-feedback-on-amended-guidance-for-low-flashpoint-fuels/): Korean Register (KR) is inviting feedback on draft revisions on its Classification Technical Rules and Guidance for ships using low-flashpoint fuels and for pollution-prevent systems. In a notice posted on its website today (27 August), KR said the deadline for replies is 7 September and comments should be sent to the Machinery Rule Development Team
- [Indonesia, Malaysia and Singapore reaffirm commitment to keeping key shipping straits safe and open](https://ship.energy/policy/indonesia-malaysia-and-singapore-reaffirm-commitment-to-keeping-key-shipping-straits-safe-and-open/): Indonesia, Malaysia and Singapore have reaffirmed their commitment to keep the Straits of Malacca and Singapore (SOMS) ‘free, open and safe for international shipping’. The Littoral States affirmed the status of the SOMS as a Strait Used for International Navigation at the 17th Co-operation Forum held in Singapore this week. They also reaffirmed the important roles
- [CMB.TECH ‘making hay’ as firm tanker and dry bulk markets support strong Q2 results](https://ship.energy/information/cmb-tech-making-hay-as-firm-tanker-and-dry-bulk-markets-support-strong-q2-results/): The Saverys family-controlled CMB.TECH posted a $364.4 million net profit in Q2 2026, a turnaround from the $7.6 million loss it sustained in Q2 last year, and the company’s CEO Alexander Saverys hailed the ‘excellent’ results, adding that, ‘We continue to make hay while the sun shines, building on the important strategic decisions taken over
- [Australian Government releases national maritime emissions reduction plan](https://ship.energy/energy/australian-government-releases-national-maritime-emissions-reduction-plan/): The Australian Government has released the country’s first national plan for reducing maritime emissions. The Maritime Emissions Reduction National Action Plan (MERNAP) outlines a set of actions and priorities to support Australia’s maritime sector in the global shift toward net zero. The MERNAP proposes seven priorities to achieve maritime decarbonisation across energy, port and shipping
- [ADNOC L&S orders two more LNG carriers](https://ship.energy/energy/adnoc-ls-orders-two-more-lng-carriers/): ADNOC Logistics & Services has exercised the options for two additional LNG carriers from Jiangnan Shipyard in Shanghai, China, for a total value of $444 million. In a statement issued yesterday (26 August), ADNOC L&S said that the vessels will each have capacity for 175,000 cubic metres (cbm) and are scheduled for delivery in 2029.
- [Vessels’ alternative fuel capability doesn’t guarantee fuel use in practice, reminds DNV’s Øyvind Sekkesæter](https://ship.energy/information/vessels-alternative-fuel-capability-doesnt-guarantee-fuel-use-in-practice-reminds-dnvs-oyvind-sekkesaeter/): Fuel suppliers should not assume that alternative fuelled vessels will start operating 100% on new fuels, including low GHG fuels, when they enter service, Øyvind Sekkesæter, lead author of this year’s edition of DNV's Maritime Forecast to 2050, tells ship.energy. ‘That’s not realistic,’ he says, ‘and it’s important to remember that most alternative fuel capable
- [Renewable fuels in Spain ‘are moving from an option to an obligation’](https://ship.energy/energy/renewable-fuels-in-spain-are-moving-from-an-option-to-an-obligation/): A new regulatory framework set to come into effect next year will bring about ‘a fundamental change in the way renewable energy is promoted in transport’, according to Antonio Soria-Verdugo, Full Professor in the Department of Thermal and Fluid Engineering at Universidad Carlos III de Madrid (UC3M). In a notice posted on LinkedIn yesterday (25
- [RMI: ‘NZF “as is” remains the most robust option’](https://ship.energy/policy/rmi-nzf-as-is-remains-the-most-robust-option/): As the Net Zero Framework (NZF) will again be subject of debate at next week’s intersessional working group meeting of the Marine Environment Protection Committee (MEPC), Aparajit Pandey, Shipping Decarbonisation Lead at RMI, says that the modelling his team and the UCL Shipping and Oceans Research Group have done together ‘points to a clear conclusion:
- [Tsuneishi delivers its fourth China-built methanol dual-fuel vessel](https://ship.energy/information/tsuneishi-delivers-its-fourth-china-built-methanol-dual-fuel-vessel/): Tsuneishi Group (Zhoushan) Shipbuilding Inc, the Chinese subsidiary of Tsuneishi Shipbuilding, has announced the delivery of its fourth methanol dual-fuelled container carrier. According to a statement issued this week (25 August) by the Zhoushan City, China-based company, the delivery of the 5,900 TEU container carrier ‘represents the company’s continued efforts to strengthen its capabilities in
- [RSGT and CMA CGM ink $434 million agreement to develop Jeddah terminal](https://ship.energy/policy/ports/rsgt-and-cma-cgm-ink-434-million-agreement-to-develop-jeddah-terminal/): Saudi Arabia’s Red Sea Gateway Terminal (RSGT) and CMA CGM Group have signed definitive agreements to jointly develop and operate Terminal 4 at Jeddah Islamic Port, in collaboration with Saudi Ports Authority (Mawani). In a statement issued earlier this week, the companies said the project will bring approximately $434 million (SAR 1.6 billion) in investment
- [Methanol dual fuel container vessel Bangkok Mærsk transits Suez Canal for the first time](https://ship.energy/information/methanol-dual-fuel-container-vessel-bangkok-maersk-transits-suez-canal-for-the-first-time/): Maersk’s 17,480 TEU (twenty-foot equivalent unit) methanol dual fuel container vessel Bangkok Maersk has transited the Suez Canal for the first time, according to the Suez Canal Authority. In a statement posted on LinkedIn this week, the authority said the vessel made its first voyage through the Suez Canal as part of a northern convoy
- [Mexico well placed to ‘support the production and supply of low- and zero-emission marine fuels’](https://ship.energy/policy/mexico-well-placed-to-support-the-production-and-supply-of-low-and-zero-emission-marine-fuels/): A notice posted on the International Maritime Organization’s (IMO) website has reported that the preliminary findings from an on-going national assessment indicate that: ‘Mexico has [the] strong infrastructure, industrial capacity and renewable-energy potential to support the production and supply of low- and zero-emission marine fuels. The assessment was led by Mexico’s Secretariat of the Navy (SEMAR),
- [Naming ceremony for Hanwha Shipping’s alternative fuel-ready VLCC](https://ship.energy/information/naming-ceremony-for-hanwha-shippings-alternative-fuel-ready-vlcc/): Classification society ABS has reported that it joined Hanwha Shipping in the naming ceremony of the Elandra K2, a 320,000 DWT very large crude carrier (VLCC) built to ABS Class at Hanwha Ocean’s Okpo shipyard in South Korea. In a statement sent to ship.energy today (26 August), ABS said the Elandra K2 is the first
- [Auramarine bolsters operations with two new appointments](https://ship.energy/information/auramarine-bolsters-operations-with-two-new-appointments/): Fuel supply systems company Auramarine has announced the appointments of Lauri Helkkula as Business Development & Key Account Director, and Aki Sand as Vice President of Sales, Business Line (BL) Lifecycle Services, EMEA. Helkkula was appointed to the newly established position having spent over 25 years across a range of roles within Finland-based Auramarine. In
- [Höegh Autoliners orders six more dual-fuel LNG and ZCR Aurora class vessels](https://ship.energy/energy/hoegh-autoliners-orders-six-more-dual-fuel-lng-and-zcr-aurora-class-vessels/): Höegh Autoliners ASA has ordered an additional six new dual-fuel LNG and ‘zero-carbon-ready’ Aurora class vessels that will be built by China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) for delivery in 2029–2031. In a statement issued today (25 August), Höegh Autoliners said that this new order will extend its Aurora newbuild programme with CMHI
- [Next winners revealed in France’s CORIMER low-carbon ship initiative](https://ship.energy/energy/next-winners-revealed-in-frances-corimer-low-carbon-ship-initiative/): Six projects have been awarded a total of €21.4 million in public funding in the second round of the France 2030 programme to develop lower-carbon ships, equipment, and maritime solutions. There were 17 applications for funding in this next stage of the CORIMER Low-Carbon Ship project. The winners included the GDS initiative, led by Grain
- [Puma Energy offering bunker deliveries in Puerto Rico](https://ship.energy/energy/puma-energy-offering-bunker-deliveries-in-puerto-rico/): Puma Energy has announced that it is now supplying marine fuel in Puerto Rico through its local entity, Puerto Rico Energy LLC. In a notice posted on LinkedIn today (25 August), the company said that it can supply at ports ‘across the island’ by barge, pipeline and truck. The company added that its operation is
- [Hoppe Marine and AVL team up on maritime CEMS](https://ship.energy/technology/hoppe-marine-and-avl-team-up-on-maritime-cems/): Maritime technology company Hoppe Marine and AVL Analytical Technologies GmbH have announced a strategic cooperation to introduce a new generation of Continuous Emissions Monitoring Systems (CEMS) for the maritime industry. In a statement sent to ship.energy today (25 August), Hamburg-headquartered Hoppe Marine said the cooperation combines its expertise in maritime instrumentation and digital vessel solutions
- [Port of HaminaKotka and ABB start cooperation on new shore power project](https://ship.energy/technology/port-of-haminakotka-and-abb-start-cooperation-on-new-shore-power-project/): Technology company ABB has been selected by Finland’s biggest port, HaminaKotka, to deliver a shore power system in the Mussalo port. From 1 January 2030, container and passenger ships over 5,000 gross tonnage will be required to use onshore power supply or other equivalent emission-free technology when calling at European Union (EU) ports. In preparation for
- [U.S. MARAD and CORE POWER developing co-operation framework to spur nuclear-powered merchant shipping](https://ship.energy/energy/u-s-marad-and-core-power-developing-co-operation-framework-to-spur-nuclear-powered-merchant-shipping/): The U.S. Department of Transportation's Maritime Administration (MARAD) and CORE POWER (US) Inc. are engaging on a federal-private cooperation framework to support the commercial, industrial and regulatory pathways towards a future fleet of U.S.-flagged nuclear-powered merchant ships, with CORE POWER targeting first construction from 2028. A Memorandum of Cooperation (MOC) was signed at a ceremony yesterday (24 August) at
- [Bunker companies targeted in new US sanctions campaign against Iran](https://ship.energy/information/bunker-companies-targeted-in-new-us-sanctions-campaign-against-iran/): Hong Kong-based Shipoil Ltd and its affiliated companies, Dubai-based Shipoil FZCO and Ship Fuels and Trade DMCC, along with Greek nationals and Shipoil managers Alberto and George Tsoris, have been sanctioned by the US Treasury Department’s Office of Foreign Assets Control (OFAC) following yesterday’s (24 August) launch of Operation Economic Outcast, which US Treasury Secretary
- [cargo-partner flags H1 CO₂e emissions reduction through Hapag-Lloyd’s ‘Ship Green’ solution](https://ship.energy/energy/cargo-partner-flags-h1-co₂e-emissions-reduction-through-hapag-lloyds-ship-green-solution/): Logistics company cargo-partner says it has reduced CO₂e emissions by 811 tonnes during the first six months of the year from using biofuels. Between January and June (H1), cargo-partner, a group company of Nippon Express Holdings, used 259.46 tonnes of waste- and residue-based biofuel in Hapag-Lloyd’s fleet as part of the container shipping company’s ‘Ship Green’
- [Indian Minister attends ground-breaking ceremony for Mauritius bunkering facility and inks MoU to strengthen energy ties](https://ship.energy/energy/indian-minister-attends-ground-breaking-ceremony-for-mauritius-bunkering-facility-and-inks-mou-to-strengthen-energy-ties/): During an official visit to Mauritius last week, India’s Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri signed an Memorandum of Understanding (MoU) which his department says will ‘position India as the country's anchor fuel supplier’ -and he also attended the ground-breaking ceremony for the new bunkering facility in Port Louis. The
- [EC approves CMA CGM and TotalEnergies’ ARA-based LNG bunkering JV](https://ship.energy/information/ec-approves-cma-cgm-and-totalenergies-ara-based-lng-bunkering-jv/): The European Commission has approved the creation of an LNG bunkering joint venture (JV) by CMA CGM and TotalEnergies. As previously reported by ship.energy, through the 50/50 JV, which was announced in July 2025, a 20,000 cubic metre (cbm) LNG bunkering vessel will be ‘jointly deployed and operated by 2028’. The new entity will ‘offer a
- [DNV introduces Resilience Framework for energy infrastructure](https://ship.energy/information/dnv-introduces-resilience-framework-for-energy-infrastructure/): Classification society DNV has urged the energy sector to see infrastructure resilience as a 'strategic priority', and 'not a compliance exercise' in order to deal with today’s ‘ever-changing and increasingly complex threats’. To support this effort, DNV has unveiled a position paper which outlines the challenges and has also introduced a new Resilience Framework. The
- [Two Horizon Europe projects join forces to support transition to DC ship power systems](https://ship.energy/technology/two-horizon-europe-projects-join-forces-to-support-transition-to-dc-ship-power-systems/): The European STEESMAT and ALL-DC-SHIPS projects are coming together to support the transition to flexible onboard power architectures which can meet the needs of low- and zero-emission shipping. Traditional alternating-current (AC) systems have applications for ships powered largely by conventional diesel engines. However, direct-current (DC)-based systems are able to integrate multiple energy sources more efficiently
- [Ultramax bulker equipped with OceanWings’ WAPS tech at Tsuneishi Shipbuilding](https://ship.energy/energy/ultramax-bulker-equipped-with-oceanwings-waps-tech-at-tsuneishi-shipbuilding/): Topic, Tsuneishi Shipbuilding and OceanWings have announced the completion of OceanWings’ rigid wingsail installation aboard the Ultramax bulk carrier Maria Topic. In a statement issued today (25 August), OceanWings said the retrofit, which was completed at the Japanese shipyard, ‘demonstrates that rigid wingsail technology can be successfully integrated into an operating merchant vessel.’ The project was carried
- [AYK Energy launching swappable containerised battery system](https://ship.energy/technology/ayk-energy-launching-swappable-containerised-battery-system/): Andorra-based AYK Energy has announced it is unveiling a swappable containerised marine battery system at next month’s SMM trade fair in Hamburg. In a statement issued on Friday (21 August), AYK Energy said it is already receiving orders for the system, the AYK Cosmos Marine Battery Container, while it progresses through the class approval process,
- [Canadian used oils-to-bunkers company secures $35 million investment to fund production facility](https://ship.energy/energy/canadian-used-oils-to-bunkers-company-secures-35-million-investment-to-fund-production-facility/): EnerPure, a Calgary-based company that has developed a ‘small scale, modular’ process for converting used motor oils into low sulphur marine fuels, has secured $35 million in funding from US-based Rice Investment Group (RIG) and Canada Growth Fund Inc. (CGF). In a statement issued on Thursday (20 August), CGF said that it has invested $20
- [GEA and DNV launch three-year ethanol data partnership](https://ship.energy/information/gea-and-dnv-launch-three-year-ethanol-data-partnership/): The Global Ethanol Association (GEA) and DNV have agreed a three-year Ethanol Data Intelligence Partnership that will see the GEA develop ethanol fuel data which will be made available to users of the class society’s Alternative Fuels Insight (AFI) platform. The initiative is intended to improve visibility and transparency across the global ethanol industry by
- [Suzun Marine Fuels expands bunkering truck fleet](https://ship.energy/information/suzun-marine-fuels-expands-bunkering-truck-fleet/): Suzun Marine Fuels has informed ship.energy today (24 August) that it has added new Mercedes Benz trucks to its Turkey-based bunker supply fleet. Conversing on Whatsapp this morning, Suzun’s CEO Can Besev told ship.energy that the trucks were introduced this month and they will be ‘delivering at all ports of Turkey (except Trabzon) – all
- [SOHAR Port and Freezone reports 52% increase in H1 cargo throughput](https://ship.energy/policy/ports/sohar-port-and-freezone-reports-52-increase-in-h1-cargo-throughput/): The 52 million metric tonnes of cargo throughput at SOHAR Port and Freezone during the first six months of the year marked a 52% year-on-year (y-o-y) increase. In a statement issued last week, the 50/50 joint venture between Asyad Group and the Port of Rotterdam said the results ‘reflect SOHAR's ability to respond to the
- [Nearly 90% of China’s green methanol projects stuck in preliminary filing stage – says China-based GL Consulting](https://ship.energy/information/nearly-90-of-chinas-green-methanol-projects-stuck-in-preliminary-filing-stage-says-china-based-gl-consulting/): China-based GL Consulting says a ‘stagnation of many green methanol projects’ is partly the result of a ‘lack of mature bunkering infrastructure and compliance frameworks’. Melissa Li, business director of GL Consulting, a subsidiary of Shanghai Ganglian E-Commerce Holdings Co., Ltd (Mysteel), which is registered on the Shenzhen Stock Exchange, spoke to ship.energy about the
- [Former DFDS CEO Torben Carlsen joins Ofiniti](https://ship.energy/information/former-dfds-ceo-torben-carlsen-joins-ofiniti/): Torben Carlsen, who left Danish shipping company DFDS in 2025, has been appointed as Chair of the digital bunkering platform Ofiniti, which began life as FuelBoss within class society DNV and was spun out as separate company in 2024. DNV Ventures remains the company’s largest shareholder and investors also include Norwegian state-owned climate investment company
- [Ground broken on Indian Oil Corp’s new 27,500 mt marine fuel storage facility in Mauritius](https://ship.energy/energy/ground-broken-on-indian-oil-corps-new-27500-mt-marine-fuel-storage-facility-in-mauritius/): The foundation stone for IndianOil (Mauritius) Ltd.’s new 27,500 metric tonne (mt) bunker fuel storage facility at MAP Land in Mer Rouge, Mauritius, has been laid. The facility, which represents a $25 million investment, will 'significantly boost IOML’s bunkering capabilities and Mauritius’ ambitions as a strategic bunkering hub,’ the company said in a social media
- [Japan invites applications for next funding round for zero emission vessels](https://ship.energy/energy/japan-invites-applications-for-next-funding-round-for-zero-emission-vessels/): Japan’s Ministry of Land, Infrastructure, Transport and Tourism and the Ministry of the Environment are now accepting applications for the second funding round in the country’s Support Programme for the Introduction of Zero Emission Vessels which will focus on hydrogen, ammonia and electricity as propulsion energy sources. The Japan Ship Technology Research Association is the
- [New hybrid feed vessel for BioMar](https://ship.energy/technology/new-hybrid-feed-vessel-for-biomar/): Aquaculture company BioMar Norway has announced it has entered into a long-term partnership agreement covering the construction and operation of a new diesel-electric feed vessel. In a statement issued on Friday (21 August), BioMar described the 75-metre-long vessel as a ‘modern, forward-looking’ fish feed carrier with a hybrid propulsion line and a ‘particular focus on
- [Perpetual Next announces hire to support drive into US biomethanol market](https://ship.energy/energy/perpetual-next-announces-hire-to-support-drive-into-us-biomethanol-market/): Netherlands-headquartered Perpetual Next has appointed renewable fuels and bioenergy executive Bobby Frank to lead the identification, assessment and development of potential biomethanol production sites in the United States, working alongside the company’s global team and local industrial partners. Frank, who has a background in developing, de-risking and commercialising large-scale low-carbon fuel and biobased projects, studied
- [MITSUI E&S commercialises ammonia dual fuel engines and fuel supply systems](https://ship.energy/energy/mitsui-es-commercialises-ammonia-dual-fuel-engines-and-fuel-supply-systems/): Japan’s MITSUI E&S Co. has announced it has completed the commercialisation of its large ammonia-fuelled marine engines and ammonia fuel supply systems (AFSS). As previously reported by ship.energy, last year, MITSUI E&S conducted land-based tests involving the integrated operation of the ammonia dual fuel engine – the MITSUI-Everllence B&W 7S60ME-C10.5-LGIA-HPSCR - and the AFSS. The tests were witnessed by
- [Petrobras and the Brazilian Navy working together on offshore logistics and ‘alternative energies’](https://ship.energy/information/petrobras-and-the-brazilian-navy-working-together-on-offshore-logistics-and-alternative-energies/): Petrobras and the Brazilian Navy have signed a letter of intent (LoI) for technical and strategic cooperation in a range of areas, including offshore logistics, maritime emergency response, search and rescue, and ‘alternative energies’. The Memorandum of Understanding was signed last week by the president of Petrobras, Magda Chambriard, and the Commander of the Navy,
- [EC approves German State aid to help fishing companies with rising fuel bills](https://ship.energy/information/ec-approves-german-state-aid-to-help-fishing-companies-with-rising-fuel-bills/): The European Commission (EC) has approved a €4.5 million German State aid scheme for fishing and aquaculture companies facing increased fuel prices due to the Middle East crisis. The scheme was approved under the Middle East Crisis Temporary State Aid Framework (METSAF), which was adopted by the Commission on 29 April. The aid will take
- [GAIL, Deendayal Port Authority and DNV exploring LNG bunkering at Kandla Port](https://ship.energy/energy/gail-deendayal-port-authority-and-dnv-exploring-lng-bunkering-at-kandla-port/): Indian state-owned energy company GAIL (India), Deendayal Port Authority and class society DNV have signed a tripartite cooperation agreement for collaboration on setting up an LNG bunkering facility at Kandla Port. ‘The partnership brings together GAIL’s LNG expertise, DPA’s strategic port infrastructure and DNV’s global technical expertise in maritime safety and LNG bunkering,’ GAIL (India)
- [U.S. FMC’s NZF statement sparks more LNG debate](https://ship.energy/energy/u-s-fmcs-nzf-statement-sparks-more-lng-debate/): Setting out the U.S. position on the International Maritime Organization’s Net Zero Framework (NZF), Laura DiBella, the Chairman at the Federal Maritime Commission (FMC), has insisted that: ‘The inclusion of market-proven alternative fuels, such as bio-LNG, is key to ensuring that any emissions reduction initiatives are implemented effectively for the benefit of the shipping industry
- [Climeon wraps up HeatPower 300 commissioning onboard existing boxship](https://ship.energy/technology/climeon-wraps-up-heatpower-300-commissioning-onboard-existing-boxship/): Sweden-based Climeon has announced it has commissioned and handed over a second HeatPower 300 system, thus completing a previously announced two-vessel retrofit project for an unnamed global shipping and logistics company. The company announced the €1 million project at the end of 2023. In a statement issued yesterday (20 August), Climeon said that the system,
- [Crowley launches Houston-to-Central America service](https://ship.energy/information/crowley-launches-houston-to-central-america-service/): Crowley’s new Gulf-Central America Express Service – which connects the Port Houston to Santo Tomás de Castilla, Guatemala, and Puerto Cortés, Honduras – will make its first Houston call on 10 September. In a statement issued earlier this week, Crowley said that new service will carry dry and refrigerated containers to transport a range of
- [Conoship unveils battery-powered cargo vessel design](https://ship.energy/technology/conoship-unveils-battery-powered-cargo-vessel-design/): Conoship International is expanding its CIP-Series with a purpose-engineered fully electric configuration of its CIP3800 general cargo vessel design. The 90-metre-long vessel design features a high-capacity 40 MWh battery installation - distributed across dedicated forward and aft battery compartments to prevent excessive trim and eliminate the need for extra deadweight water ballast - which enables
- [New project using AI and autonomous navigation tech to reduce and verify GHG emissions](https://ship.energy/technology/new-project-using-ai-and-autonomous-navigation-tech-to-reduce-and-verify-ghg-emissions/): Japan-based classification society ClassNK has announced that it has joined Evergreen Marine, Samsung Heavy Industries (SHI) and Weathernews Inc. (WNI) in a project that aims to verify reductions in fuel consumption and greenhouse gas (GHG) emissions achieved in actual vessel operations through the use of an AI-based autonomous navigation system. In a statement sent to
- [Iino Lines takes delivery of LPG dual-fuel VLGC](https://ship.energy/energy/iino-lines-takes-delivery-of-lpg-dual-fuel-vlgc/): Japan’s IINO Kaiun Kaisha (Iino Lines) has announced the delivery of the LPG dual-fuel Ice Class very large gas carrier (VLGC), Lumi Aurora. The vessel was delivered at Hanwha Ocean Co., Ltd.'s Okpo Shipyard., Iino Lines said in a statement earlier this week. The third LPG dual-fuel vessel in the group's fleet, the Lumi Aurora
- [Sunoco and Verde Marine team up for ARA and UK bunkering](https://ship.energy/energy/sunoco-and-verde-marine-team-up-for-ara-and-uk-bunkering/): Sunoco LP, through its wholly owned subsidiary Sunoco Marine Ltd, has entered into a new commercial collaboration with Verde Marine Energy B.V. (VME) to expand its bunkering coverage into the Amsterdam-Rotterdam-Antwerp (ARA) and UK markets. The collaboration combines Sunoco’s established commercial presence across North America and the Caribbean with VME’s physical bunker supply capabilities and
- [Panama Canal reduces daily slots amid reduced rainfall](https://ship.energy/information/panama-canal-reduces-daily-slots-amid-reduced-rainfall/): The Panama Canal has announced temporary modifications to the locks’ transit capacity, including adjustments to its daily auctions, amid reduced precipitation in the canal watershed. From 3 September, the number of daily slots available at the Neopanamax Locks will be adjusted to nine, and the daily slots available at the Panamax Locks will be 25 –
- [Christian Jones joins Anthony Veder](https://ship.energy/information/christian-jones-joins-anthony-veder/): After 20 years at Shell, Christian Jones has joined Dutch gas shipping company Anthony Veder as Commercial Manager – LNG. During his time at Shell, Jones covered a range of roles and most recently was Downstream LNG Commercial Operations Manager. Prior to his career at Shell, he had a five-year stint at Chevron. Image: Christian
- [Olam Agri and Vitol Bunkers complete Singapore’s ‘first bio-bunkering operation using VLSFO co-processed with CNSL’](https://ship.energy/information/olam-agri-and-vitol-bunkers-complete-singapores-first-bio-bunkering-operation-using-vlsfo-co-processed-with-cnsl/): Agri-business Olam Agri and Vitol Bunkers say they have completed the Port of Singapore’s ‘first bio-bunkering operation using very low sulphur fuel oil (VLSFO) co-processed with cashew nutshell liquid (CNSL)’. According to a statement issued today (20 August) by Olam Agri, the bulk carrier MV Scion Mathilda was bunkered with 246.5 metric tonnes (mt) of
- [CORE POWER and Port of Corpus Christi embark on maritime nuclear readiness study](https://ship.energy/energy/core-power-and-port-of-corpus-christi-embark-on-maritime-nuclear-readiness-study/): CORE POWER and the Port of Corpus Christi Authority (PCCA) have agreed to collaborate on creating a framework for a site-specific study at the U.S Port of Corpus Christi. The study will consider how a major U.S. energy and trade gateway could prepare as a location for a floating nuclear power plant (FNPP) supplying power
- [End of the line for Plug Power’s green hydrogen project at Port of Antwerp-Bruges](https://ship.energy/energy/end-of-the-line-for-plug-powers-green-hydrogen-project-at-port-of-antwerp-bruges/): Plans for Plug Power’s 100 MW green hydrogen production plant at the Port of Antwerp-Bruges appear to have stalled, with the Port telling ship.energy that the future of the 30-year concession for the site is part of its ongoing dialogue with the U.S. headquartered company. Plug Power booked an impairment of €13.6 million on the
- [Azane to commence truck-to-ship ammonia fuel deliveries to Equinor Energy in H2 2026](https://ship.energy/information/azane-to-commence-truck-to-ship-ammonia-fuel-deliveries-to-equinor-energy-in-h2-2026/): Azane Fuel Solutions AS has announced that it has signed a framework agreement with Equinor Energy AS for the supply of ammonia and the execution of truck-to-ship ammonia bunkering operations for ammonia-fuelled vessels. According to a statement issued by Azane today (20 August), the first deliveries will commence during H2 2026. Azane CEO Steinar Kostøl
- [OMV becomes latest offtaker for e-methanol produced at Kassø facility](https://ship.energy/energy/omv-becomes-latest-offtaker-for-e-methanol-produced-at-kasso-facility/): European Energy and Mitsui & Co. have signed, through their joint venture Solar Park Kassø (SPK), a multi-year offtake agreement with OMV for renewable e-methanol produced at the Kassø e-methanol facility in Aabenraa, Denmark. The e-methanol supplied under the agreement will be EU-certified as a Renewable Fuel of Non-Biological Origin (RFNBO). The agreement includes requirements
- [Gibraltar records drop in monthly bunker calls](https://ship.energy/energy/gibraltar-records-drop-in-monthly-bunker-calls/): The 464 calls for bunkers in Gibraltar last month was the lowest monthly total since February. Last month’s total was, however, 17 more than the 447 logged in July 2025, statistics published by the Government of Gibraltar show. During the first seven months of the year, a total of 3,333 calls for bunkers were made
- [Equinor and ORLEN sign three-year deal on crude oil supply](https://ship.energy/energy/equinor-and-orlen-sign-three-year-deal-on-crude-oil-supply/): Equinor has signed a three-year agreement with Polish refiner ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf. The agreement will run from September, and annual supply volumes will be from 5 million tonnes to over 9 million tonnes. The agreement also allows for the possibility of
- [Lehmann Marine scores first order for its AQUBE liquid-cooled battery system](https://ship.energy/energy/lehmann-marine-scores-first-order-for-its-aqube-liquid-cooled-battery-system/): Marine energy storage company Lehmann Marine, part of the Sunlight Group, has received an order from shipbuilder Lloyd Werft for its new AQUBE liquid-cooled battery system which will be used to power a research vessel under construction for the German Aerospace Centre. Set for delivery in 2027, the 48-metre-long DLR seagoing technology platform will serve
- [New CFO for Bunker Holding](https://ship.energy/energy/new-cfo-for-bunker-holding/): Bunker Holding has appointed Jacob Nørgaard as its new Chief Financial Officer (CFO). Nørgaard succeeds Michael Krabbe, who is stepping down by mutual agreement after nearly eight years, Bunker Holding said in a statement sent to ship.energy today (20 August). Nørgaard joins from his role as CFO of sister company Global Risk Management (GRM). ‘Jacob is
- [Hapag-Lloyd to acquire 25% stake in APM Terminals Maasvlakte II](https://ship.energy/policy/ports/hapag-lloyd-to-acquire-25-stake-in-apm-terminals-maasvlakte-ii/): Hapag-Lloyd has announced it has signed an agreement with APM Terminals to acquire a 25% stake in APM Terminals Maasvlakte II B.V. As part of the deal - the financial terms of which were not disclosed by either party - Hapag-Lloyd will contribute to the terminal’s future development and performance, the company said in a
- [X-Press Feeders to deploy Portchain platform to improve operational efficiency](https://ship.energy/technology/x-press-feeders-to-deploy-portchain-platform-to-improve-operational-efficiency/): Portchain and X-Press Feeders have announced a strategic partnership that will see the shipowner deploy the maritime tech company’s Portchain Connect solution. In a statement issued yesterday (18 August), Copenhagen-based Portchain said the project will optimise berth alignment through real-time data exchange, enhancing Just-In-Time (JIT) arrivals and improving overall operational efficiency. ‘By leveraging Portchain's innovative digital tools,
- [Maritec-Naias identifies ISO 8217 non-compliance in fuel samples from same supplier in Indonesia](https://ship.energy/information/maritec-naias-identifies-iso-8217-non-compliance-in-fuel-samples-from-same-supplier-in-indonesia/): Maritec-Naias says it has identified low flashpoints in eight bunker fuel samples of low sulphur marine distillate oil (LSMDO) and B40 fuel, all bunkered in Indonesian ports from the same supplier between 21 July and 4 August. The company says the fuels do not comply with the minimum flashpoint requirement of 60°C set by SOLAS
- [German Transport Ministry looking to fund green corridors for inland waterways](https://ship.energy/information/german-transport-ministry-looking-to-fund-green-corridors-for-inland-waters/): Germany’s Federal Ministry for Transport (BMV) has this week published the first call for applications under its new Guidelines on Grants for Green Inland Waterway Shipping. In a statement published on Monday (10 August), the BMV said it will initially be providing up to €70 million to fund projects that will aim to support the
- [Fujairah bunker sales bounce back, but still down on last year](https://ship.energy/information/fujairah-bunker-sales-bounce-back-but-still-down-on-last-year/): The volume of marine fuels supplied in the Middle East bunkering hub Fujairah bounced back significantly in July, but the total was still down almost two-thirds year-on-year (y-o-y). According to statistics from S&P Global Commodity Insights in collaboration with the Fujairah Oil Industry Zone (FOIZ) and the Port of Fujairah, the combined volume for all
- [Maritime Technologies Forum and Horizon Europe ABATE surveys seek bunker industry views on alternative fuels](https://ship.energy/information/maritime-technologies-forum-and-horizon-europe-abate-surveys-seek-bunker-industry-views-on-alternative-fuels/): Views from across the marine fuels and wider shipping industry are being sought for two alternative fuels surveys. The first survey, developed by the Maritime Technologies Forum (MTF), is seeking perspectives from ship owners and managers, original equipment manufacturers (OEMs), fuel suppliers and industry bodies on safety considerations for marine biofuel blends. MTF says results
- [NOK 400,000 grant to help AECO members reduce expedition cruise emissions](https://ship.energy/technology/emissions-reduction/nok-400000-grant-to-help-aeco-members-reduce-expedition-cruise-emissions/): The Association of Arctic Expedition Cruise Operators (AECO) has received a grant of NOK 400,000 ($42,600) from the Svalbard Environmental Protection Fund to continue its work on reducing emissions from expedition cruise operations. Together with previous funding, the Fund has invested NOK 1 million ($106,500) in AECO’s Climate Change Project. In a statement issued today
- [Deployable Energy and Hornbeck Offshore team up on nuclear battery rollout](https://ship.energy/energy/deployable-energy-and-hornbeck-offshore-team-up-on-nuclear-battery-rollout/): US start-up Deployable Energy and Hornbeck Offshore have signed a Memorandum of Understanding to scale the use of Deployable Energy’s Unity Nuclear Battery across five key maritime and offshore markets. As part of the collaboration, Hornbeck Offshore has also made a strategic investment in Deployable Energy. The intention is to develop maritime nuclear applications in
- [Panama sees upswing in monthly bunker sales](https://ship.energy/energy/panama-sees-upswing-in-monthly-bunker-sales/): Having reached their lowest levels since September 2025 in June, bunker sales rebounded in Panama last month. The 427,985 metric tonnes (mt) of marine fuel that were sold in the Central American bunker hub marked an 11.1% increase on the 385,100 mt posted in June. July’s total also marked a 10.6% year-on-year (y-o-y) increase, data
- [‘Number of piracy-related incidents off Somalia is at its highest level in ten years,’ warns Danish Shipping](https://ship.energy/information/number-of-piracy-related-incidents-off-somalia-is-at-its-highest-level-in-ten-years-warns-danish-shipping/): New analysis from Danish Shipping has warned that: ‘The number of piracy-related incidents off Somalia is at its highest level in ten years, [and] the trend points to renewed activity in the area after several years with relatively few incidents.’ The analysis draws on statistics from the ICC International Maritime Bureau (IMB) which shows that, while
- [AMPP launches research grant programme for ammonia as marine fuel](https://ship.energy/information/ampp-launches-research-grant-programme-for-ammonia-as-marine-fuel/): The Association for Materials Protection and Performance (AMPP) is requesting proposals to evaluate published knowledge and expertise relevant to the use of ammonia as a marine fuel as part of a research grant programme. The $50,000 initiative will fund an eight-month project to identify critical knowledge gaps and recommend priorities for future research, standards development, technology implementation
- [New governance body will oversee use of Ro-Ro GHG emissions data](https://ship.energy/information/new-governance-body-will-oversee-use-of-ro-ro-ghg-emissions-data/): The Global Ro-Ro Community (GRC), whose members include Ro-Ro carriers, and which covers approximately 80% of the transport capacity of the global car carrier fleet, has established the GRC Council (GRCC) which will monitor vessel emissions accounting methodologies and data handling rules. This move is intended to strengthen the environment in which Ro-Ro carriers, cargo
- [Avenir LNG bunker vessel completes first fuelling of Royal Caribbean cruise ship in Honduras](https://ship.energy/energy/avenir-lng-bunker-vessel-completes-first-fuelling-of-royal-caribbean-cruise-ship-in-honduras/): London-based Avenir LNG has announced that its LNG bunker vessel, Avenir Advantage, has completed its first LNG bunker delivery to Royal Caribbean Group's Icon of the Seas in Honduras. ‘This successful operation marks another important step in supporting the cruise industry's transition towards lower-emission marine fuels while showcasing the flexibility and reach of small-scale LNG infrastructure across the Caribbean,’
- [LNG-fuelled Explora III makes maiden UK call](https://ship.energy/energy/lng-fuelled-explora-iii-makes-maiden-uk-call/): Explora III, the first LNG-fuelled ship in the Explora Journeys fleet, has made its maiden UK visit, calling at the Port of Southampton. In a statement issued on Monday (17 August), Alastair Welch, Regional Director with Associated British Ports (ABP) Southampton, said: ‘Explora III’s call is a further demonstration of Southampton's position as the UK's leading
- [MacGregor to deliver cargo handling solutions for CMA CGM’s Cochin Shipyard-built LNG-powered boxships](https://ship.energy/energy/macgregor-to-deliver-cargo-handling-solutions-for-cma-cgms-cochin-shipyard-built-lng-powered-boxships/): MacGregor has announced it has been selected to deliver cargo handling solutions for six dual-fuel LNG-powered containerships that are being built at Cochin Shipyard Limited (CSL) for CMA CGM. As previously reported by ship.energy, the Marseille-headquartered container shipping giant signed a shipbuilding contract with the Indian shipyard for the 1,700 TEU (twenty-foot equivalent unit) vessels earlier this
- [Maritime Alliances team up to support emissions compliance and fleet decarbonisation](https://ship.energy/technology/maritime-alliances-team-up-to-support-emissions-compliance-and-fleet-decarbonisation/): The Marine Fuels Alliance (MFA) and the Clean Shipping Alliance (CSA) have signed a Memorandum of Understanding (MoU) to work together in supporting the shipping industry and bunker suppliers meet regulatory requirements on emissions and move forward with the transition to alternative fuels and technologies. The agreement will look to leverage the CSA’s expertise in
- [Colombia’s Amazónica LNG joins SEA-LNG](https://ship.energy/energy/colombias-amazonica-lng-joins-sea-lng/): Amazónica LNG, an import, storage and regasification company that is looking to develop ‘bunkering-ready’ infrastructure on Colombia's Caribbean coast, has joined SEA-LNG. In a statement sent to ship.energy this afternoon (18 August), SEA-LNG reported that Amazónica LNG is a joint venture between port logistics specialist Retramar and private equity investor Affinity Energy. The company operates
- [Hellesylt Hydrogen Hub becomes ‘the first RFNBO-certified hydrogen production site in Norway’](https://ship.energy/energy/hellesylt-hydrogen-hub-becomes-the-first-rfnbo-certified-hydrogen-production-site-in-norway/): Norwegian Hydrogen has announced that its Hellesylt Hydrogen Hub has obtained RFNBO [Renewable Fuels of Non-Biological Origin] certification from the International Sustainability and Carbon Certification (ISCC). The ISCC certification, which was granted on 31 July, confirms that the renewable hydrogen produced at the Hellesylt site complies with the European Union’s (EU) criteria for sustainability, renewable
- [Biomethane could be key IMO NZF near-term compliance option if mass balancing permitted – MMMCZCS](https://ship.energy/information/biomethane-could-be-key-imo-nzf-near-term-compliance-option-if-mass-balancing-permitted-mmmczcs/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has issued a new report today (18 August) saying biomethane is ‘one of the few options that may be able to deliver recognised and scalable [emissions] abatement in time for the first years of Net Zero Framework (NZF) implementation’, but only if mass balancing is
- [EC clears NYK’s purchase of 50% stake in Avenir LNG](https://ship.energy/information/ec-clears-nyks-purchase-of-50-stake-in-avenir-lng/): The European Commission (EC) has today (18 August) announced its approval of the joint control of small-scale LNG and bunkering company Avenir LNG by Stolt-Nielsen and NYK. Chemical tanker operator Stolt-Nielsen took full ownership of Avenir LNG in April 2025 after purchasing all of Golar LNG and Aequitas’ shares in the company. As reported by
- [Yang Ming dual fuel LNG boxship completes SIMOPS bunkering in Shanghai](https://ship.energy/energy/yang-ming-dual-fuel-lng-boxship-completes-simops-bunkering-in-shanghai/): Yang Ming Marine Transportation has announced that its YM Willpower containership has completed its first-ever LNG bunkering operation via SIMOPS (simultaneous operations) at the Port of Shanghai. ‘Through close collaboration with Shanghai International Port (Group) and SIPG Energy Shanghai, the vessel successfully received around 2,000 [metric tonnes] of LNG alongside active cargo handling, significantly enhancing operational efficiency
- [Seafarer killed after attack on Minoan Dignity bulk carrier in Strait of Hormuz](https://ship.energy/information/seafarer-killed-after-attack-on-minoan-dignity-bulk-carrier-in-strait-of-hormuz/): The Liberian-flagged 76,801 DWT Minoan Dignity bulk carrier was hit by a projectile yesterday (17 August) in the Strait of Hormuz, resulting in the death of a crewmember and damage to the vessel’s engine room. UK Maritime Trade Operations (UKMTO) noted that the vessel’s Company Security Officer had reported the incident and the vessel’s crew were
- [CMA CGM containership completes ‘world's largest single-batch biomethanol bunkering operation’ at Shanghai Port](https://ship.energy/information/cma-cgm-containership-completes-worlds-largest-single-batch-biomethanol-bunkering-operation-at-shanghai-port/): CMA CGM says its containership, the 146,200 DWT CMA CGM Osmium, has bunkered 8,016 tonnes of biomethanol at Shanghai Port. In a statement issued on LinkedIn today (18 August), CMA CGM said the volume represented the ‘world's largest single-batch biomethanol bunkering operation’ and would cover the vessel's entire voyage from Shanghai to the East Coast
- [Aqua superPower and Hyke looking to create blueprint for electrified urban ferry networks](https://ship.energy/technology/aqua-superpower-and-hyke-looking-to-create-blueprint-for-electrified-urban-ferry-networks/): The fast-charging infrastructure specialist Aqua superPower and ferry developer Hyke have signed a Memorandum of Understanding (MoU) to work together on a ‘blueprint’ for using electrified urban ferry networks to turn inland waterways into ‘sustainable transport corridors’. In a statement issued today (18 August), Niels Astrup, Business Development Manager, Nordics at Aqua superPower, said: ‘Many
- [Launch ceremony for Hong Lam Marine bunker vessel](https://ship.energy/energy/launch-ceremony-for-hong-lam-marine-bunker-vessel/): A launch ceremony has been held at Jiangmen Hangtong Shipbuilding Co. in China for Priority, the first bunker vessel in a series of four newbuilds for Singapore-based Hong Lam Marine. In a social media post yesterday (17 August), Hong Lam Marine said: ‘Watching Priority taking to the water was a proud and memorable moment for everyone involved in
- [NorthStandard joins the Sustainable Shipping Initiative](https://ship.energy/information/northstandard-joins-the-sustainable-shipping-initiative/): Marine insurer NorthStandard has joined the Sustainable Shipping Initiative (SSI) and has highlighted that its particular focus as a member will be on the SSI’s Human Risk & Resilience platform. Yves Vandenborn, Head of Loss Prevention Asia Pacific at NorthStandard, commented: ‘The wellbeing of seafarers is fundamental to a safe, resilient and sustainable maritime industry.
- [ISO publishes ISO 22120:2026 standard for bunkering methanol-fuelled vessels](https://ship.energy/information/iso-publishes-iso-221202026-standard-for-bunkering-methanol-fuelled-vessels/): The International Organization for Standardization (ISO) has released ISO 22120:2026 which sets out the requirements for methanol bunkering transfer systems and the equipment used to bunker methanol-fuelled vessels. The standard was developed by the technical committee ISO/TC 8/SC 25 and covers transfer systems, operational procedures, risk assessment, safety protection and the training of personnel. An
- [Corvus inks strategic partnership with Brazil’s Belga Marine](https://ship.energy/technology/corvus-inks-strategic-partnership-with-brazils-belga-marine/): Energy storage systems (ESS) specialist Corvus Energy has entered into a strategic partnership with Brazil-based maritime and offshore service provider, Belga Marine. Announcing the collaboration yesterday (17 August), Corvus said it will deliver ‘specialised local support, expert aftermarket battery system services, and on-the-ground spare parts storage’ to meet the needs of Brazil’s expanding fleet of
- [FuelEU Maritime ‘has supported sustained premiums for bioblends over conventional fuels’ – Singapore Shipping Association](https://ship.energy/information/fueleu-maritime-has-supported-sustained-premiums-for-bioblends-over-conventional-fuels-singapore-shipping-association/): The Singapore Shipping Association has published a new FAQ offering guidance on bunkering and onboard use of marine biofuels, saying the EU’s FuelEU Maritime regulation has ‘created a tangible, enforceable compliance need that has directly lifted bio‐blend bunkering at key hubs’. The remarks, made in the trade association’s new FAQ On Bunkering of Biofuels for
- [ClassNK updates alt.fuels safety guidelines](https://ship.energy/energy/classnk-updates-alt-fuels-safety-guidelines/): Japan-based classification society ClassNK has published a revised edition of its Guidelines for Ships Using Alternative Fuels which now includes interim guidance on hydrogen from the International Maritime Organization (IMO). In a statement issued today (18 August), ClassNK said that Part D (which covers hydrogen-fuelled vessels) now ‘incorporates the Interim Guidelines for the Safety of
- [DCoC States agree on anti-piracy Combined Task Force to shield shipping in Western Indian Ocean and Gulf of Aden](https://ship.energy/information/dcoc-states-agree-on-anti-piracy-combined-task-force-to-shield-shipping-in-western-indian-ocean-and-gulf-of-aden/): Signatory States of the Djibouti Code of Conduct (DCoC)/Jeddah Amendment have agreed to set up a Combined DCoC Task Force to protect shipping from an escalation of piracy in the Western Indian Ocean and Gulf of Aden. Such a task force would ‘provide a practical regional mechanism through which willing Signatory States can conduct coordinated
- [ICCT addresses challenge of California’s 2045 carbon neutrality mandate and current non-availability of low GHG shipping and aviation fuels](https://ship.energy/information/icct-addresses-challenge-of-californias-2045-carbon-neutrality-mandate-and-current-non-availability-of-low-ghg-shipping-and-aviation-fuels/): A new report from the International Council on Clean Transportation (ICCT), published today (17 August), identifies the actions that California could take to support the use of renewable hydrogen-based fuels in shipping and aviation, including the introduction of an ultra-low carbon investment standard which could offer ‘revenue certainty’ to in-state producers of such fuels. The
- [AYK Energy working with Gebhard on electric work boat projects](https://ship.energy/technology/ayk-energy-working-with-gebhard-on-electric-work-boat-projects/): AYK Energy has announced that it is working with its long-term collaborator, the Dutch maritime system integrator Gebhard Electro, on two projects focused on electrifying work boats. In a notice posted on LinkedIn today (17 August), AYK Energy said that one of the project involves the construction of a new trailing suction hopper dredger (TSHD1000)
- [Michael Behmerburg takes up new role at Germania Shipyard Agency](https://ship.energy/information/michael-behmerburg-takes-up-new-role-at-germania-shipyard-agency/): Industry veteran Michael Behmerburg has joined the Hamburg-based Germania Shipyard Agency where he will be responsible for sales and business development. Behmerburg worked for Hapag-Lloyd for over 37 years in number of roles, and lastly as Director of Green Fuels. He subsequently was appointed as Managing Director at Bunker One, Hamburg, a post which he
- [Everllence and Hudong-Zhonghua sign agreement on LNG dual fuel carrier project](https://ship.energy/energy/everllence-and-hudong-zhonghua-sign-agreement-on-lng-dual-fuel-carrier-project/): Engine manufacturer Everllence has signed an Engineering Design Agreement (EDA) with Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co. for the development of a 180,000 cubic-metre class LNG carrier featuring an Everllence DFE+ (Dual-Fuel, Electric+) propulsion system. The two companies have previously collaborated on the delivery of 10 conventional DFDE (Dual-Fuel Diesel Electric) LNG carriers. The EDA was
- [Towngas hosts key industry delegation at VENEX green methanol production site](https://ship.energy/information/towngas-hosts-key-industry-delegation-at-venex-green-methanol-production-site/): The Hong Kong and China Gas Company Limited (Towngas) recently invited an industry delegation led by the Transport and Logistics Bureau of the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR) Government to visit the VENEX green methanol plant in Ordos, Inner Mongolia which is currently scaling up its annual production
- [Lauritzen Bulkers announces launch of second methanol dual-fuelled kamsarmax bulk carrier](https://ship.energy/information/lauritzen-bulkers-announces-launch-of-second-methanol-dual-fuelled-kamsarmax-bulk-carrier/): Lauritzen Bulkers A/S has announced the launch of its second methanol dual-fuelled kamsarmax bulk carrier, the 81,200 dwt Bold Bulker. According to a statement posted by Lauritzen Bulkers its LinkedIn today (17 August), the launch took place on 12 August at Tsuneishi Shipyard, in Cebu, Philippines. Lauritzen Bulkers also used its LinkedIn page to announce
- [MOL holds naming ceremony for dual-fuel VLCC Tsurugidake](https://ship.energy/energy/mol-holds-naming-ceremony-for-dual-fuel-vlcc-tsurugidake/): Mitsui O.S.K. Lines (MOL) has held a naming ceremony for the LNG dual-fuel very large crude carrier (VLCC) Tsurugidake at the Dalian COSCO KHI Ship Engineering yard for Equinor ASA. In a notice posted on LinkedIn two days ago, MOL said that the Tsurugidake is the third dual-fuel VLCC that it has delivered to Equinor
- [Carnival returns to Silverstream’s air lubrication tech for Ace Class newbuilds](https://ship.energy/energy/carnival-returns-to-silverstreams-air-lubrication-tech-for-ace-class-newbuilds/): Cruise company Carnival Corporation will install Silverstream Technologies’ air lubrication systems on its three LNG dual fuelled Ace Class vessels which will be constructed at a Fincantieri shipyard in Italy, with the first in the series, Carnival Destiny, scheduled to arrive in summer 2029. The 230,000 gross-ton vessels, slated for delivery in 2029, 2031 and
- [Eastern Pacific Shipping marks 700th LNG refuelling](https://ship.energy/energy/eastern-pacific-shipping-marks-700th-lng-refuelling/): Singapore-headquartered Eastern Pacific Shipping has flagged its 700th LNG bunkering operation, which was undertaken for its Lake Victoria pure car and truck carrier (PCTC) in Emden, Germany. Announcing the milestone via a social media post, the company noted that it began LNG bunkering operations in November 2020 and since then it has reached a total
- [Singapore bunker sales fall 3.8% year-on-year in July, but rise on June](https://ship.energy/information/singapore-bunker-sales-fall-3-8-year-on-year-in-july-but-rise-on-june/): Preliminary bunker fuel sales for July show 4,731,910 tonnes of bunkers, including alternative fuels, were sold in Singapore last month. This marks a 3.8% year-on-year decrease on the 4,918,020 tonnes sold in July 2025, according to data published by the Maritime and Port Authority of Singapore (MPA). Month-on-month, however, total bunker sales rose 1.3% from
- [Fratelli Cosulich’s methanol-ready bunker tanker, Carlotta Cosulich, launched in China](https://ship.energy/information/fratelli-cosulichs-methanol-ready-bunker-tanker-carlotta-cosulich-launched-in-china/): Fratelli Cosulich has announced the launch of Carlotta Cosulich, the third of four methanol-ready IMO II bunker tankers, at Taizhou Maple Leaf shipyard in China. In a statement posted on LinkedIn today (14 August) Fratelli Cosulich said the launch brought the company ‘one step closer to completing [its] four-vessel programme and reinforces Fratelli Cosulich Group’s
- [Argentina LNG project applies for RIGI approval](https://ship.energy/energy/argentina-lng-project-applies-for-rigi-approval/): Argentina LNG, the integrated liquefied natural gas (LNG) project promoted by YPF, Eni and XRG, has submitted its application to join Argentina’s Large Investment Incentive Regime (RIGI). Drawing on the resources of the Vaca Muerta formation, the project aims to develop an integrated LNG value chain, from upstream gas production to export infrastructure, including gas
- [ORLEN certified for biofuel component production at Płock refinery](https://ship.energy/energy/orlen-certified-for-biofuel-component-production-at-plock-refinery/): Poland-headquartered ORLEN has announced that it has been certified under the Oil and Gas Institute’s KZR INiG sustainability scheme for the co-hydrotreatment of bio-based feedstocks at its Płock refinery. The certification confirms that the renewable feedstocks used at the refinery and their processing comply with the European Union’s requirements. In a statement issued yesterday (13
- [Terminal operations ‘partially resumed’ at Colombia’s Buenaventura](https://ship.energy/information/terminal-operations-partially-resumed-at-colombias-buenaventura/): As Colombia continues to deal with the aftermath of the earthquake which struck the country on Monday (10 August), CMA CGM has reported that terminal operations at the port of Buenaventura have ‘partially resumed’, but added that vessel operations are still ‘being handled under constrained conditions’. In a notice posted on its website today (14
- [AD Ports’ net profit ‘almost doubled’ y-o-y in Q2](https://ship.energy/information/ad-ports-net-profit-almost-doubled-y-o-y-in-q2/): Abu Dhabi-based AD Ports Group has announced that its revenues for the second quarter (Q2) of 2026 were up 47% year-on-year (y-o-y) at AED 7.08 billion, while its total net profit ‘almost doubled’ (+88%) to AED 836 million. In a statement issued today (14 August), AD Ports said that the growth in revenue had been
- [BetterSea launches new maritime compliance AI-agent](https://ship.energy/information/bettersea-launches-new-maritime-compliance-ai-agent/): BetterSea, a maritime compliance platform provider and FuelEU marketplace, has announced the launch of Stylianos, a maritime compliance AI-agent which assists companies to understand compliance exposure, evaluate optimum strategies, source market quotations and prepare compliance actions within the BetterSea platform. As explained by the company, rather than operating as a standalone chatbot, the AI-agent works
- [Caribbean seminar focusing on alt.fuels bunkering](https://ship.energy/energy/caribbean-seminar-focusing-on-alt-fuels-bunkering/): An IMO-funded seminar held last week in Port of Spain, Trinidad and Tobago, drew on expertise from Yara and Proman to give industry stakeholders and policy makers a clearer understanding of the practical considerations involved in using ammonia, methanol and hydrogen as marine fuels. In a notice posted on its website earlier this week, IMO
- [Explosion at Gunvor Energy storage terminal in Rotterdam’s Europoort](https://ship.energy/information/explosion-at-gunvor-energy-storage-terminal-in-rotterdams-europoort/): One person is reported to have been killed and at least six injured following an explosion this morning at a petroleum products storage tank at the Gunvor Energy terminal in the Europoort chemical and petrochemical industrial area of the Port of Rotterdam. According to the RTV Rijnmond public broadcaster and news outlet, which covers Rotterdam
- [Énestas and Power LNG sign strategic partnership to develop LNG infrastructure at Port of Galveston](https://ship.energy/information/enestas-and-power-lng-sign-strategic-partnership-to-develop-lng-infrastructure-at-port-of-galveston/): Mexican LNG infrastructure company Énestas and Power LNG have signed a strategic partnership to accelerate the development of LNG infrastructure at the Port of Galveston, Texas, U.S. Under the agreement, Énestas will provide capital, LNG transportation and storage equipment and downstream operating expertise to support the development of the Harborside Terminal and Project Seawolf, which
- [Rotterdam Harbour Master issues additional information on use of mass flow meters](https://ship.energy/information/rotterdam-harbour-master-issues-additional-information-on-use-of-mass-flow-meters/): In a letter to bunker licence holders and bunker barge captains, René de Vries, Harbour Master at the Port of Rotterdam, notes that the start-up phase of the mandatory use of mass flow meters (MFM) at the port, which began on 1 January this year, ‘can now be considered as completed’ and from 1 September,
- [Maersk posts hike of almost 10% in H1 bunker costs](https://ship.energy/energy/maersk-posts-hike-of-almost-10-in-h1-bunker-costs/): A.P. Moller - Maersk has announced that its bunker costs for the first six months of 2026 increased by 9.9% year-on-year (y-o-y) to $3.5 billion. In its Q2 results statement published today (13 August), the company said that the hike had been ‘driven by the higher crude oil prices and additional supply costs resulting from the
- [Norden reports Q2 $101 million net profit, despite one-off costs related to Middle East conflict](https://ship.energy/information/norden-reports-q2-101-million-net-profit-despite-one-off-costs-related-to-middle-east-conflict/): Dry bulk and tanker operator Norden has posted a net profit of $100.8 million in Q2 2026, compared to $52 million in Q2 2025. The year-on-year profit boost was achieved despite the company incurring $30 million in one-off costs related to the Persian Gulf conflict, according to the company's quarterly earnings presentation. In a webinar
- [DP World posts 13% y-o-y hike in H1 2026 revenue](https://ship.energy/information/dp-world-posts-13-y-o-y-hike-in-h1-2026-revenue/): Despite the disruptions to trade flows in the Middle East, DP World has reported a revenue of $12.7 billion for the first half (H1) of 2026, which was up 13.1% year-on-year (y-o-y). In a statement issued today (13 August), DP World said that: ‘Excluding Jebel Ali, container volumes increased 6.5% on a like-for-like basis, with
- [Alkagesta adds EU ETS scheme to its carbon markets trading offer](https://ship.energy/technology/alkagesta-adds-eu-ets-scheme-to-its-carbon-markets-trading-offer/): Commodity trader Alkagesta has added the European Union’s Emissions Trading System (EU ETS) to its carbon markets offering. In a statement sent to ship.energy today (13 August), the company added that it will also include the expanded ETS2 which will come into effect in 2028. Commenting on the addition, Anthony Guida, Biofuels Trading Desk Lead
- [Hapag-Lloyd’s H1 bunker consumption down y-o-y, but expenses up on back of higher prices](https://ship.energy/energy/hapag-lloyds-h1-bunker-consumption-down-y-o-y-but-expenses-up-on-back-of-higher-prices/): Announcing its results for the first half (H1) of 2026 today (13 August), Hapag-Lloyd reported that its bunker consumption decreased 3.5% year-on-year (y-o-y) to 2.4 million tonnes, but its expenses for bunker fuel and emissions increased by €20.6 million to €1,319.9 million. The Germany-based shipping giant said that the cost increase was ‘primarily attributable to
- [International Group agrees insurance pooling arrangements for autonomous vessels](https://ship.energy/information/international-group-agrees-insurance-pooling-arrangements-for-autonomous-vessels/): Liabilities relating to Maritime Autonomous Surface Ships (MASS) are now eligible to be covered within the International Group of P&I Clubs' pooling arrangements across all levels of autonomy, including fully unmanned vessels. The announcement follows the recent approval of the IMO MASS Code, which is the first global framework for the safe operation of autonomous
- [Norway’s Seacap and Shorly join forces to support ports’ energy transition](https://ship.energy/energy/norways-seacap-and-shorly-join-forces-to-support-ports-energy-transition/): Seacap, a capital partner for ports, and technology company Shorly, which is a newly established subsidiary of shore power specialist Havnekraft AS, have formed a strategic partnership to support ports in their decarbonisation efforts. Behind both Havnekraft and Shorly are Haugaland Kraft AS and Karmsund Port Authority (Karmsund Havn IKS), which have been instrumental in
- [EIA pushes up Middle East shut-in oil production estimates](https://ship.energy/information/eia-pushes-up-middle-east-shut-in-oil-production-estimates/): The U.S. Energy Information Administration (EIA) has scaled up its estimates of Middle East shut-in crude oil production compared to its July forecast in light of continued challenges to Strait of Hormuz transits which it now sees as stretching through August. The EIA expressed its expectation that the bulk of crude oil production would return
- [IBT Bunkering & Trading appoints lead for new Singapore office](https://ship.energy/information/ibt-bunkering-trading-appoints-lead-for-new-singapore-office/): IBT Bunkering & Trading has announced that its Hamburg-based bunker trader Kevin Döhmen has relocated to Singapore, where he will ‘take the lead in managing and developing’ the company’s new Singapore office. In a statement posted on LinkedIn today, the company said: ‘The opening of our Singapore office is an important first step in strengthening
- [Baltic Exchange hires Sigrid Teig as Deputy CEO](https://ship.energy/information/baltic-exchange-hires-sigrid-teig-as-deputy-ceo/): The Baltic Exchange has today announced the appointment of Sigrid Teig as deputy chief executive officer, following a nine-month recruitment process. Teig, who is currently director of strategic customer partnerships at maritime technology and services company Marcura, is set to join the Baltic Exchange later this year. She previously held various roles at dry bulk
- [Leonhardt & Blumberg opts for Econowind VentoFoils for cargo ship quartet](https://ship.energy/energy/leonhardt-blumberg-opts-for-econowind-ventofoils-for-cargo-ship-quartet/): German shipowner Leonhardt & Blumberg has installed Econowind VentoFoils on the HANSA DREJOE general cargo ship, which is the first of four such vessels to be equipped with wind propulsion technology. The installation was completed on HANSA DREJOE at Royal Niestern Sander Shipyard in early August, and the next vessel, HANSA CHRISTIANSOE, is currently at
- [Nordic software investor takes majority stake in Grieg Connect](https://ship.energy/technology/nordic-software-investor-takes-majority-stake-in-grieg-connect/): Nordic B2B software investor Monterro has become the new majority owner of Grieg Connect in a move intended to support the maritime digital solutions company’s next phase of growth, including expansion into international markets and using AI to strengthen its product offering. Grieg Connect’s SaaS platform digitalises and automates mission-critical processes including port call management,
- [Lloyd’s Register gives Type Approval to ARCTOS-1 emissions monitoring device](https://ship.energy/energy/lloyds-register-gives-type-approval-to-arctos-1-emissions-monitoring-device/): Maritime technology company SeaARCTOS says it has received Type Approval from Lloyd’s Register for its ARCTOS-1 stack-mounted monitoring device that continuously measures CO₂, sulphur dioxide (SO₂), and methane (CH₄) exhaust emissions. The technology, which has completed over 20,000 hours of at-sea testing, weighs less than 3.5 kg and is powered by waste heat from the
- [New delays on Norway’s implementation of FuelEU Maritime and ReFuelEU Aviation](https://ship.energy/information/new-delays-on-norways-implementation-of-fueleu-maritime-and-refuel-aviation/): Norway’s Ministry of Climate and Environment has disclosed that entry into force of two key pieces of European environmental regulation, FuelEU Maritime and ReFuelEU Aviation, will be subject to additional delays, with implementation pushed back to ‘I January 2028 at the earliest.’ Norway and Iceland are currently considered as third-country ports in relation to FuelEU.
- [OPL Services charters marineEV’s electric cargo vessel](https://ship.energy/information/opl-services-charters-marineevs-electric-cargo-vessel/): Yinson GreenTech's marine electrification business, marinEV, has secured a bareboat charter contract from Singapore-based OPL Services Pte. Ltd. (OPL) for its electric cargo vessel, Hydromover 2.0. The vessel will operate out of Singapore's first decarbonisation hub dedicated to electric supply vessels, operated by Toll Group. The contract also includes marinEV's Marine Digital Platform (MDP), which
- [Fleetzero's Leviathan Battery Energy Storage System earns class approval from ABS](https://ship.energy/information/fleetzeros-leviathan-battery-energy-storage-system-earns-class-approval-from-abs/): American classification society ABS says it has issued a product design assessment (PDA) to Texas-based Fleetzero for its Leviathan Battery Energy Storage System, which is set to be commercially deployed for the first time later this year as part of a vessel’s broader conversion to a hybrid-electric propulsion system. According to a statement issued by
- [Aegis Logistics commissions ammonia terminal at India’s Pipavav Port](https://ship.energy/energy/aegis-logistics-commissions-ammonia-terminal-at-indias-pipavav-port/): Aegis Logistics Limited has reported that it has commissioned a terminal at Pipavav Port in India that is ‘specialised for the storage and terminalling of ammonia’. In a statement filed with the National Stock Exchange of India yesterday (10 August), Aegis Logistics said that the facility has capacity for up to 36,000 metric tonnes (mt)
- [Drop-in fuels adoption challenged by ‘long implementation timelines’ and ‘complexity of stakeholder involvement’](https://ship.energy/information/drop-in-fuels-adoption-challenged-by-long-implementation-timelines-and-complexity-of-stakeholder-involvement/): A new report released today by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has canvassed the views of 25 organisations across the maritime value chain to determine what targeted action can most effectively accelerate the uptake of new drop-in fuels. According to MMMCZCS, the report Mapping the adoption process for new drop-in
- [Earthquake impacts port operations at Colombian port of Buenaventura](https://ship.energy/information/earthquake-impacts-port-operations-at-colombian-port-of-buenaventura/): Maersk has reported that terminal operations at the port of Buenaventura have been temporarily suspended as a result of the earthquake which hit Colombia on Monday. In a statement issued today (11 August), Maersk said that vessel operations, cargo handling activities, and service schedules in Buenaventura had all being affected, while road closures and traffic
- [KHI delivers LPG-fuelled LPG and ammonia carrier Lyla Pathfinder](https://ship.energy/energy/khi-delivers-lpg-fuelled-lpg-and-ammonia-carrier-lyla-pathfinder/): Kawasaki Heavy Industries (KHI) has announced the delivery of the 86,700 cubic metre (cbm) LPG-fuelled LPG and ammonia carrier Lyla Pathfinder, and the vessel has also received conceptual design approval from the Nippon Kaiji Kyokai (Japan Maritime Association) for the use of ammonia as a marine fuel. The vessel was delivered to its owner CAMEL
- [NAPA launches checklist to digitalise onboard operational workflows](https://ship.energy/information/napa-launches-checklist-to-digitalise-onboard-operational-workflows/): Maritime software provider NAPA has launched a new product, called NAPA Checklist, which replaces onboard paper and static PDF checklists with a digital workflow. The product was co-developed and launched with HX Expeditions, which is now rolling out the NAPA Checklist across its expedition cruise ship fleet. In a statement issued today (11 August), NAPA
- [Grimaldi takes delivery of ammonia-ready Grande Pacifico PCTC](https://ship.energy/technology/grimaldi-takes-delivery-of-ammonia-ready-grande-pacifico-pctc/): Grimaldi Group took delivery of the 9,800-car equivalent unit (CEU) Grande Pacifico yesterday (10 August), which is the thirteenth vessel in a series of fifteen ammonia-ready vessels ordered by the company, and the first of five sister Pure Car & Truck Carriers (PCTC) ordered from China Merchants Heavy Industries Jiangsu. The Grande Pacifico becomes the
- [Panama Canal Authority signals two draft reductions for Neopanamax locks](https://ship.energy/information/panama-canal-authority-signals-two-draft-reductions-for-neopanamax-locks/): The Panama Canal Authority (ACP) has issued a two-stage reduction in the maximum authorised draft for vessels transiting the waterway’s Neopanamax locks in anticipation of the potential arrival of an El Niño in the coming months. From 26 August, the maximum authorised draft for vessels transiting the Neopanamax locks will be reduced to 48 feet
- [CONCAWE develops guideline to assess use of new materials in bunker fuel production](https://ship.energy/information/concawe-develops-guideline-to-assess-use-of-new-materials-in-bunker-fuel-production/): CONCAWE, which undertakes research on environmental issues relevant to the oil industry, has issued a guideline which offers a two-level assessment process for evaluating the suitability of new materials in marine fuel production and blending. As explained by CONCAWE, the intention of the guideline is to provide a methodology ‘to demonstrate that a new material
- [Corvus Energy wins battery contract for four new BC Ferries vessels](https://ship.energy/technology/corvus-energy-wins-battery-contract-for-four-new-bc-ferries-vessels/): Corvus Energy has been awarded a contract to supply battery energy storage systems (ESS) for four hybrid-electric passenger and car ferries that are being built in China for British Columbia-based BC Ferries. The four new vessels are part of BC Ferries’ new Summit Class and are named Summit Arbutus, Summit Cedar, Summit Maple and Summit
- [CM Technologies set to launch lube oil analyser](https://ship.energy/information/cm-technologies-set-to-launch-lube-oil-analyser/): CM Technologies (CMT) has developed a compact oil analyser that can enable ship crews to assess lubricant condition quickly rather than waiting for shore-based test results. The new WBS Analyser, which will be introduced at the SMM trade fair in Hamburg in early September, uses infrared spectroscopy to examine the composition of system oils to
- [Axpo Italia completes STS LNG bunker delivery at Port of Civitavecchia](https://ship.energy/energy/axpo-italia-completes-sts-lng-bunker-delivery-at-port-of-civitavecchia/): Axpo Italia has announced that, in partnership with Vitol, it has made the first ship-to-ship LNG bunker delivery at the Italian Port of Civitavecchia , using the 7,500 cubic metre (cbm) capacity Green Pearl. The Green Pearl supplied the LNG fuel to Silversea’s vessel Silver Ray at pier 18. In a statement issued today (10 August),
- [Dangote says construction work on Kenyan refinery set to begin in October](https://ship.energy/energy/dangote-says-construction-work-on-kenyan-refinery-set-to-begin-in-october/): Aliko Dangote, Africa’s richest man and the head of the Dangote group, has told the BBC that the plans for a new 700,000 barrels a day (b/d) refinery in Kenya have ‘gone very far’ and work is set to begin on the site in October. In the interview uploaded to the BBC website on Thursday
- [Bahri Logistics expands its ship agency network in Saudi Arabia](https://ship.energy/information/bahri-logistics-expands-its-ship-agency-network-in-saudi-arabia/): Bahri Logistics, part of the National Shipping Company of Saudi Arabia (Bahri), has opened two new ship agency offices at Yanbu Commercial and Industrial Ports and Ras Tanura Industrial Port. The offices complement the company’s existing operations at Jubail Commercial and Industrial Ports, Ras Al-Khair Port, Jeddah Islamic Port, King Abdullah Port, and King Abdulaziz
- [Ghana and Jamaica sounding out possibilities for ‘hub-to-hub’ maritime links](https://ship.energy/information/ghana-and-jamaica-sounding-out-possibilities-for-hub-to-hub-maritime-links/): During his visit to the Caribbean last week, Ghana’s President John Dramani Mahama met with Jamaica’s Prime Minister Andrew Holness and talked over plans to ‘create smooth transport links between West Africa and the Caribbean’. In a statement issued last week, the Ghanaian Presidential Officer said the ideas raised included ‘new shipping routes to build
- [Maritec-Naias flags high levels of Phenolic compounds in fuel supplied in China](https://ship.energy/information/maritec-naias-flags-high-levels-of-phenolic-compounds-in-fuel-supplied-in-china/): Maritec-Naias says that between 7 June and 28 July it tested ‘multiple’ fuel oil samples from vessels that bunkered at Chinese ports which showed high concentrations of Phenolic compounds. According to the company, 10 samples were found to have Phenolic compounds, and its derivatives, in the range of 5,200 – 15,750 parts per million (ppm).
- [Maersk moves to divest Maersk Training](https://ship.energy/information/maersk-moves-to-divest-maersk-training/): A.P. Moller - Maersk (Maersk) has agreed to sell Maersk Training and its subsidiary Maersk H2S Safety Services to global private equity firm Open Gate Capital. Maersk Training offers specialised training, competence development and safety services to industries including energy, maritime, renewables and logistics. Maersk said that the decision to sell the business, which has
- [Bills introduced in Congress to overturn California’s maritime emissions waivers](https://ship.energy/technology/bills-introduced-in-congress-to-overturn-californias-maritime-emissions-waivers/): Republicans in the U.S. Senate and House of Representatives introduced resolutions on Friday (7 August) which aim to overturn the state of California’s Ocean-Going Vessels At Berth and Commercial Harbor Craft waivers. The bill looking to overrule the Ocean-Going Vessels At Berth waiver has been sponsored in the House by Vince Fong from California (H.J.Res.210),
- [MFA looking to address maritime liens in bunker contracts to support the understanding of rights, risks, and remedies for stakeholders](https://ship.energy/information/mfa-looking-to-address-maritime-liens-in-bunker-contracts-to-support-the-understanding-of-rights-risks-and-remedies-for-stakeholders/): The Marine Fuels Alliance (MFA) has informed ship.energy that it is looking to provide guidance for its members on maritime liens in relation to bunker contracts, as suppliers report that they are seeing a ‘growing number of counterparties failing to pay for bunker supplies’. The MFA first revealed its plans to organise a webinar and
- [ADNOC L&S purchases 11 new vessels for $1.3 billion](https://ship.energy/energy/adnoc-ls-purchases-11-new-vessels-for-1-3-billion/): ADNOC Logistics & Services (ADNOC L&S) has today (7 August) announced the acquisition of five very large gas carriers (VLGCs) and six very large crude carriers (VLCCs) for a combined investment of approximately $1.3 billion. Nine of the vessels (six VLCCs and three VLGCs) were acquired on the secondary market and are scheduled for delivery
- [Carnival aiming for a 25% cut in GHG emissions intensity by 2029](https://ship.energy/information/carnival-aiming-for-a-25-cut-in-ghg-emissions-intensity-by-2029/): Cruise giant Carnival Corporation has announced a new sustainability target of a 25% reduction in greenhouse gas (GHG) emissions intensity by 2029, measured on an available lower berth days basis compared to its 2019 baseline. In a statement issued yesterday (6 August), Carnival said that it is aiming for this new goal after it achieved
- [ESG cuts steel on WSF’s hybrid-electric ferry](https://ship.energy/technology/esg-cuts-steel-on-wsfs-hybrid-electric-ferry/): Eastern Shipbuilding Group (ESG) and Washington State Ferries (WSF) have held a steel cutting ceremony to mark the start of construction on three new 160-vehicle hybrid-electric ferries. As previously reported by ship.energy, Florida-based Eastern Shipbuilding announced last year it had received a Notice to Proceed from the company to build two vessels, with an option
- [PowerCell clinches SEK 21 million order for integrated Fuel-to-Power system](https://ship.energy/technology/powercell-clinches-sek-21-million-order-for-integrated-fuel-to-power-system/): Sweden-based PowerCell Group has announced it has secured an order worth approximately SEK 21 million from the German Aerospace Center (DLR) for an integrated Fuel-to-Power system to be installed at DLR's maritime test facilities in Kiel, Germany. PowerCell will deliver two Marine System 225 fuel cell systems, two methanol reformers, hydrogen buffer storage, gas mixing
- [Methanol bunkering in California by 2028?](https://ship.energy/information/methanol-bunkering-in-california-by-2028/): Following the presentation of key findings from the San Pedro Bay Clean Marine Fuels Feasibility Assessment by the ports of Los Angeles and Long Beach, Clare-Marie Dobing asks how close California is to establishing a commercial methanol bunkering operation. Results from the San Pedro Bay Clean Marine Fuels Feasibility Assessment, presented by the ports of
- [New IMarEST analysis evaluates IMO NZF amendment options ahead of ISWG-GHG 22](https://ship.energy/information/new-imarest-analysis-evaluates-imo-nzf-amendment-options-ahead-of-iswg-ghg-22/): The Institute of Marine Engineering, Science and Technology (IMarEST) has published analysis of the proposed Net Zero Framework (NZF) amendment options currently up for discussion at the International Maritime Organization (IMO), and its key takeaway is that a ‘levy-based’ framework would be most likely to deliver on the IMO’s 2030 and 2040 emission reduction checkpoints.
- [Results of new MESD study ‘demonstrate the qualified readiness of existing large harbour craft in Singapore for B100 adoption’](https://ship.energy/energy/results-of-new-mesd-study-demonstrate-the-qualified-readiness-of-existing-large-harbour-craft-in-singapore-for-b100-adoption/): The Maritime Energy & Sustainable Development Centre of Excellence (MESD) says the results of a new study that it has undertaken with industry stakeholders has demonstrated ‘the qualified readiness of existing large harbour craft in Singapore for B100 adoption, provided that appropriate fuel-handling, storage and additive practices are implemented’. In a notice posted on LinkedIn
- [Global Marine Group orders hybrid cable maintenance vessel](https://ship.energy/technology/global-marine-group-orders-hybrid-cable-maintenance-vessel/): Global Marine Group, which provides solutions to the submarine cable industry, has signed a contract with Colombo Dockyard in Sri Lanka for the construction of a cable maintenance vessel which will feature hybrid power generation and optimised fuel consumption. The cable ship will also be equipped with Azimuth thruster technology for propulsion efficiency and manoeuvrability,
- [Envision to explore green hydrogen design for Sasol's Sasolburg facility](https://ship.energy/energy/envision-to-explore-green-hydrogen-design-for-sasols-sasolburg-facility/): South African chemicals and energy group Sasol has commissioned Chinese green technology company Envision Energy to undertake a design study for a green hydrogen system at its Sasolburg operations. The collaboration was showcased during a visit by South African Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, to Envision's Chifeng Hydrogen Net Zero Industrial Park in Inner
- [PortXchange joins SASHA Coalition](https://ship.energy/energy/portxchange-joins-sasha-coalition/): Rotterdam-based maritime technology company PortXChange has joined the sustainable shipping and aviation alliance, the SASHA Coalition, where it will contribute its perspectives on the role of ports in the energy transition. ‘Ports are where vessels, fuels, infrastructure, cargo and communities meet,’ said Sjoerd de Jager, Managing Director & Co-Founder, PortXchange. ‘If the port perspective is
- [U.S. to host ministerial launch for IAEA’s new maritime nuclear initiative, ATLAS](https://ship.energy/energy/nuclear/u-s-to-host-ministerial-launch-for-iaeas-new-maritime-nuclear-initiative-atlas/): The U.S. government will be hosting the ministerial launch of the International Atomic Energy Agency’s (IAEA) new initiative, Atomic Technologies Licensed for Applications at Sea (ATLAS), at an event taking place on 26-27 August in Washington, D.C. In a statement issued yesterday (5 August), the U.S. Department of Energy (DOE) said that the ATLAS initiative
- [Exmar takes delivery of LNG carrier to support LNG bunkering market](https://ship.energy/energy/exmar-takes-delivery-of-lng-carrier-to-support-lng-bunkering-market/): Exmar has announced it has taken delivery of the 146,000 cubic metre (cbm) LNG Carrier SIMAISA. In a statement issued today (6 August), Exmar said the vessel is secured under an initial seven-year charter contract ‘with a first-class counterpart.’ ‘The vessel will soon undergo a dry-dock including modifications to make the vessel suitable as a floating transshipment
- [KCC takes delivery of WAPS-equipped CABU III vessel MV Baltazar](https://ship.energy/energy/wind/kcc-takes-delivery-of-waps-equipped-cabu-iii-vessel-mv-baltazar/): Klaveness Combination Carriers ASA (KCC) has taken delivery of the MV Baltazar, the first vessel in its fleet to be fitted with a wind assisted-propulsion system (WAPS). Built at the New Yangzi Shipyard in China, the MV Baltazar features two bound4blue eSAIL suction sails. In a statement sent to ship.energy today (6 August), KCC said
- [Hagland Shipping chartering WAPS-equipped Combi Freighter](https://ship.energy/energy/hagland-shipping-chartering-waps-equipped-combi-freighter/): Norwegian short-sea dry bulk specialist Hagland Shipping has announced the addition of a wind-assisted propulsion system (WAPS)-equipped Damen Combi Freighter (CF) 3850 to its fleet under a time charter agreement with Germany-based Reederei Gerdes and its commercial arm over-C. In a statement issued this week, the Haugesund-based company highlighted that in addition to its Econowind VentoFoils, the vessel also
- [First vessels calling at new Polish terminal loading MGO and delivering FAME](https://ship.energy/energy/vessels-calling-at-new-polish-terminal-loading-mgo-and-delivering-fame/): ORLEN has announced that the first vessels to call at the newly-opened transshipment terminal of its Gdańsk refinery have been loading marine gasoil (MGO) and delivering fatty acid methyl ester (FAME) for use in biofuel production. In a statement issued today (5 August), ORLEN said that the terminal has been designed to handle more than
- [Member States and NGOs set out their positions in the run-up to MEPC 85](https://ship.energy/policy/member-states-and-ngos-set-out-their-positions-in-the-run-up-to-mepc-85/): Ahead of next month’s meeting of the Marine Environmental Protection Committee’s (MEPC) Intersessional Working Group, Member States have been submitting their proposals for the International Maritime Organization’s (IMO) Net Zero Framework (NZF) – and NGOs have been sharing their views on what these submissions could mean for the shipping industry and the environment. The European
- [Former ZeroNorth CEO sets up advisory firm for maritime tech sector](https://ship.energy/information/former-zeronorth-ceo-sets-up-advisory-firm-for-maritime-tech-sector/): Soren Christian Meyer, who left maritime digitalisation firm ZeroNorth in March, has established Tidely Partners, which is described as ‘a growth partner to the maritime technology economy.’ Announcing the new venture via LinkedIn, Meyer said it would provide services to assist in the scaling up of maritime technology businesses. Its areas of work will include
- [Polish companies sign LNG slot-sharing agreement at Gdańsk FSRU 2](https://ship.energy/energy/polish-companies-sign-lng-slot-sharing-agreement-at-gdansk-fsru-2/): Polish firms Orlen, Enea, Unimot, and PGE have agreed on a slot sharing mechanism after reserving capacity at a proposed second floating storage and regasification unit (FSRU 2) Terminal in the Gulf of Gdańsk which will be constructed by GAZ-SYSTEM. As reported by ship.energy, in June GAZ-SYSTEM announced its intention to press ahead with the
- [First commercial cruise ship connection to Portsmouth International Port’s shore power system](https://ship.energy/technology/first-commercial-cruise-ship-connection-to-portsmouth-international-ports-shore-power-system/): Portsmouth International Port has flagged 'another major milestone in our shore power journey' with the first commercial connection of a cruise ship today (5 August). As previously reported by ship.energy, the shore power system at the UK port became fully operational at the end of last month. Brittany Ferries’ St Malo and the Guillaume de Normandie were the first to
- [New dual fuel LNG carrier for CNOOC Group named in China](https://ship.energy/energy/new-dual-fuel-lng-carrier-for-cnooc-group-named-in-china/): Huajing LNG Transport (HLT) held a naming ceremony yesterday (4 August) for a new dual fuel LNG carrier for Chinese state-owned energy company, CNOOC Group. The ceremony took place at Hudong-Zhonghua Shipbuilding (Group) Co. in China, where the vessel is being built, and where the ship was named Greenergy River. HLT is a joint venture company comprising
- [Industry bodies reject the imposition of Strait of Hormuz charges](https://ship.energy/information/industry-bodies-reject-the-imposition-of-strait-of-hormuz-charges/): Shipping trade associations have sent a joint open letter to UN Secretary General, António Guterres, and IMO Secretary General, Arsenio Dominguez, in which they outline their opposition to the introduction of any compulsory charges for transits through the Strait of Hormuz and emphasise the importance of ‘supporting the preservation of freedom of navigation as the
- [Peninsula and Evos sign MoU to advance biofuel storage infrastructure in Algeciras](https://ship.energy/energy/peninsula-and-evos-sign-mou-to-advance-biofuel-storage-infrastructure-in-algeciras/): A new Memorandum of Understanding (MoU) between marine fuel supplier and trader Peninsula and liquid energy and chemicals storage company Evos includes plans to develop up to 60,000 cubic metres of storage capacity at the Evos terminal at the Port of Algeciras which will be fully allocated to Peninsula to support the expansion of its biofuels supply chain in the region.
- [Anew Climate joins SEA-LNG](https://ship.energy/energy/anew-climate-joins-sea-lng/): North America-headquartered low-carbon fuels and climate solutions specialist Anew Climate has joined the SEA-LNG coalition. Majority-owned by TPG Rise, Anew delivers liquefied biomethane (LBM or Bio-LNG) for maritime decarbonisation across shipping hubs in North America, Europe, and Asia. reducing GHG emissions by up to 80% compared to marine diesel on a full well-to-wake basis. In
- [Carnival Cruise Line to become first cruise operator to use Jotun’s HullSkater](https://ship.energy/technology/carnival-cruise-line-to-become-first-cruise-operator-to-use-jotuns-hullskater/): Carnival Cruise Line has signed an agreement with Norway’s Jotun to implement its Hull Skating Solution (HSS). With the agreement, which will see the technology adopted by the 2001-built Carnival Pride, the Carnival Corporation subsidiary becomes the first cruise operator to use the robotic hull cleaning technology. ‘Maintaining a clean hull is essential for efficient
- [ZEMBA transitioning to GMA](https://ship.energy/information/zemba-transitioning-to-gma/): Following three years of ‘incubation’ at the Aspen Institute, the Zero Emission Maritime Buyers Alliance (ZEMBA) is now transitioning to become a programme of the Center for Green Market Activation (GMA). In a statement sent to ship.energy today (4 August), Ingrid Irigoyen, President and CEO of ZEMBA, said: ‘We are deeply grateful to the Aspen
- [Naming ceremony held for methanol dual fuel CMA CGM Roi Arthur](https://ship.energy/energy/naming-ceremony-held-for-methanol-dual-fuel-cma-cgm-roi-arthur/): CMA CGM has announced the naming ceremony for its next 15,000 TEU methanol dual fuel containership, CMA CGM Roi Arthur, which will join the company’s REX2 weekly service operating between Asian and Red Sea ports. According to a social media post, the naming ceremony was attended by the ship’s Master, Captain Roman Didenko, and her
- [DryDel Shipping agrees time charters with “K” Line for scrubber-equipped Capesize newbuilds](https://ship.energy/technology/drydel-shipping-agrees-time-charters-with-k-line-for-scrubber-equipped-capesize-newbuilds/): Greece’s DryDel Shipping has announced it has secured five-year time charter employment with Kawasaki Kisen Kaisha (“K” Line) for four scrubber-equipped Capesize newbuildings that are under construction at Namura Shipbuilding Co. in Japan. Two of the 182,000 DWT vessels are scheduled for delivery in 2028 with the remaining two to follow in 2029. They mark
- [New MMMCZCS research paper explores subsidy programmes for zero and near-zero fuels](https://ship.energy/information/new-mmmczcs-research-paper-explores-subsidy-programmes-for-zero-and-near-zero-fuels/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has released a new report today offering perspectives on subsidy programming to incentivise the use of zero and near-zero (ZNZ) fuels. MMMCZCS considers whether subsidies should be used to lower the cost of abatement for fuels 'already close to being competitive' or whether they should
- [SCI invites tenders for LNG dual fuel containerships](https://ship.energy/energy/sci-invites-tenders-for-lng-dual-fuel-containerships/): The Shipping Corporation of India (SCI) has launched tenders for up to six 8,000 TEU LNG dual fuel containerships. The tenders cover the construction and delivery of two vessels with options for a further four ships. Indian shipyards who wish to submit tenders must complete a shipyard qualification template. If a domestic yard does not
- [Port of Klaipėda records growth across multiple segments during H1](https://ship.energy/policy/ports/port-of-klaipeda-records-growth-across-multiple-segments-during-h1/): Lithuania’s Port of Klaipėda has reported a ‘strong performance’ in the first half of the year (H1). Cargo handling volumes increased across most key segments, ‘driven by growth in container traffic, maritime transit and the ship repair industry,’ the port said in a statement issued over the weekend. ‘The Port of Klaipėda is highly diversified,
- [BP CEO reports progress on the balance sheet, but says there are ‘areas where our performance fell short’](https://ship.energy/information/bp-ceo-reports-progress-on-the-balance-sheet-but-says-there-are-areas-where-our-performance-fell-short/): In a statement issued today (4 August) presenting the results of her first full quarter as the CEO of BP, Meg O’Neill said that: ‘We made good progress strengthening bp’s balance sheet’ – but conceded that ‘there are areas where our performance fell short’. The company’s underlying replacement cost (RC) profit for second quarter (Q2)
- [ZeroNorth debuts Propel to apply agentic AI to maritime operations](https://ship.energy/information/zeronorth-debuts-propel-to-apply-agentic-ai-to-maritime-operations/): Propel by ZeroNorth, which is already being used by the company’s key customers Cargill, Ultrabulk and CMB.TECH, handles repetitive manual tasks related to voyage optimisation that were previously handled by operators. As an AI partner, Propel generates a voyage plan, manages communication with the master, incorporates feedback into the plan and updates it, while keeping
- [Aramco posts $65 billion half-year net income](https://ship.energy/information/aramco-posts-65-billion-half-year-net-income/): Saudi Arabia’s Aramco has reported a net income of $65.229 billion for the first half (H1) of 2026, up by more than a third from the $48.684 billion posted for H1 2025. The group’s net income for the second quarter (Q2) was $32.698 billion, up 44% from the $22.673 billion achieved in Q!2 2025. In
- [South Pacific multipurpose vessel equipped with bound4blue eSAIL](https://ship.energy/energy/south-pacific-multipurpose-vessel-equipped-with-bound4blue-esail/): Wind-assisted propulsion systems (WAPS) company bound4blue has completed the installation of a 22-metre-high eSAIL onboard newbuild multipurpose vessel Na Hiro E Pae. According to Barcelona-based bound4blue, the Na Hiro E Pae is the first known multipurpose vessel worldwide to adopt a wind propulsion system. The installation was carried out at Astilleros Armon Vigo, Spain, prior to the vessel’s delivery. Na Hiro
- [Navigator Amon Shipping secures $121.8 million financing for ammonia-fuelled newbuild pair](https://ship.energy/energy/navigator-amon-shipping-secures-121-8-million-financing-for-ammonia-fuelled-newbuild-pair/): Navigator Amon Shipping has agreed a senior secured post-delivery term loan with ING Bank N.V., London Branch, Société Générale and Oversea-Chinese Banking Corporation to help finance the delivery of two 51,350 cubic metre (cbm) capacity ammonia fuelled liquefied ammonia carriers. As previously reported by ship.energy, Navigator Amon Shipping – a joint venture between Navigator Gas
- [UK Chamber of Shipping report focuses on safety risks for use of alternative marine fuels](https://ship.energy/information/uk-chamber-of-shipping-report-focuses-on-safety-risks-for-use-of-alternative-marine-fuel/): The UK Chamber of Shipping has today (3 August) issued a new report, Alternative Fuels: Building the Safety Evidence Base, which includes a set of initial high-level risk assessments across five fuel pathways: battery energy storage systems, biofuels, methanol, hydrogen and ammonia. The study draws on the work of the Safety of Alternative Fuels Working
- [Lemissoler Navigation names dual-fuel methanol bulkers](https://ship.energy/energy/lemissoler-navigation-names-dual-fuel-methanol-bulkers/): Limassol-based Lemissoler Navigation has named the first two vessels in its four-vessel dual-fuel methanol bulk carrier newbuilding programme. The 65,000 DWT MV Lem Azalea and MV Lem Plumeria ‘represent an important step in Lemissoler’s fleet development and our transition towards alternative fuels,’ the company said in a social media post over the weekend. Built by CSSC Huangpu Wenchong Shipbuilding
- [Aspo sets out plans for ESL Shipping to become standalone company](https://ship.energy/information/aspo-sets-out-plans-for-esl-shipping-to-become-standalone-company/): Finnish conglomerate Aspo has approved a demerger plan under which dry bulk shipping operator ESL Shipping would become a separate company and seek a listing on Nasdaq Helsinki. The execution of the plan will be conditional on approvals at of the Extraordinary General Meeting of Aspo Plc, planned to take place in December 2026. ESL
- [ExxonMobil’s Q2 results ‘shaped by disruption, but defined by execution’, says CEO Woods](https://ship.energy/energy/exxonmobils-q2-results-shaped-by-disruption-but-defined-by-execution-says-ceo-woods/): Global energy giant ExxonMobil has posted earnings of $14.5 billion for the second quarter (Q2) of 2026 and $18.7 billion for the year to date (YTD), which was up around 4% on the $14.8 billion earned in the first half of 2025. In a statement issued on Friday (31 July), Darren Woods, ExxonMobil chairman and
- [Port of Long Beach issued $2 million through Green Shipping Incentive Program in 2025](https://ship.energy/information/port-of-long-beach-issued-2-million-through-green-shipping-incentive-program-in-2025/): Port of Long Beach issued more than $2 million to ship operators in 2025 through its Green Shipping Incentive Program. According to an update in its July newsletter, the port provided incentives ranging from $600 to $9,000 per port call, with operators rewarded based on criteria such as engine type, fuel type and other efficiency
- [Drewry expands OnDemand platform](https://ship.energy/information/drewry-expands-ondemand-platform/): Consultancy Drewry has expanded the sector coverage and functionality of its OnDemand maritime research knowledge platform. In a statement issued today (3 August), Drewry said that the enhancements to the system include additions for Multipurpose and Container Ports sector coverage and the new OpCost IQ vessel operating cost benchmarking tool (which is exclusive to Ship
- [IMO signals completion of first audit cycle on implementation of its regulations](https://ship.energy/information/imo-signals-completion-of-first-audit-cycle-on-implementation-of-its-regulations/): The International Maritime Organization (IMO) has completed the first audit cycle under the IMO Member State Audit Scheme (IMSAS), with 168 Member States audited on how effectively they implement IMO regulations. IMSAS, which became mandatory in 2016, helps Member States strengthen how they implement and enforce IMO regulations and, with 94% of IMO Member States
- [North Star’s new £275 million financing will underpin SOV fleet expansion](https://ship.energy/information/north-stars-new-275-million-financing-will-underpin-sov-fleet-expansion/): UK-based offshore infrastructure services company North Star has completed a £275 million debt refinancing, with Rabobank, KfW IPEX-Bank and LBBW joining the lending group. North Star, which in April acquired four service operation vessels (SOV) from Edda Wind, is the world’s largest operator of this type of vessel, and the financing will be used to
- [Mitsui E&S completes FAT of Japan's first WinGD methanol dual-fuel engine](https://ship.energy/energy/mitsui-es-completes-fat-of-japans-first-wingd-methanol-dual-fuel-engine/): Mitsui E&S DU Co. has completed the Factory Acceptance Test (FAT) of the first methanol dual-fuel WinGD large marine engine built in Japan. This DU-WinGD 6X82DF-M-1.0 LP-SCR is also the first WinGD large marine engine manufactured at MITSUI E&S Tamano Works, Mitsui E&S Co. said in a statement issued today (3 August). The engine is
- [Port of Antwerp-Bruges reports y-o-y increase in Q2 bunker sales](https://ship.energy/energy/port-of-antwerp-bruges-reports-y-o-y-increase-in-q2-bunker-sales/): The 2,050,336 tonnes of bunker fuel and marine lubricants sold in the Port of Antwerp-Bruges in the second quarter (Q2) of the year marked a 3.2% increase on the 1,987,455 tonnes that were recorded in the same period in 2025. Q2’s sales were, however, marginally down on the 2,099,602 tonnes that was reported in the first
- [BP completes sale of German refinery to Klesch Group](https://ship.energy/energy/bp-completes-sale-of-german-refinery-to-klesch-group/): Energy major BP has completed the sale of its 265,000 barrels a day (b/d) Gelsenkirchen refinery in Germany to Klesch Group. In a statement issued today (3 August), BP said the transaction ‘supports [its] continued focus on disciplined capital allocation’. Richard Harding, interim executive vice president of Downstream at BP, said: ‘This deal strengthens our
- [PIL flags role in Shanghai Port’s LNG bunkering milestone](https://ship.energy/energy/pil-flags-role-in-shanghai-ports-lng-bunkering-milestone/): Pacific International Lines (PIL) has announced its dual-fuel Kota Eagle recently took on LNG bunker fuel at Shanghai Port. According to the container shipping company, the fuelling of its 14,000 TEU (twenty-foot equivalent unit) vessel last month brought the total amount of LNG bunkered at the port to over 2 million cubic metres (cbm). The operation, which was
- [Definitive agreement on Moeve and Galp downstream merger expected in H2 2026](https://ship.energy/information/definitive-agreement-on-moeve-and-galp-downstream-merger-expected-in-h2-2026/): At the announcement of Spanish energy company Moeve’s H1 2026 financial results today (31 July), CEO Maarten Wetselaar said that ‘strong progress’ had been made on its proposed downstream merger with Portugal’s Galp and the expectation is that a definitive agreement will be signed in the second half of this year. As previously reported by
- [Curoil ‘continuing to evaluate’ new bunkering opportunities for the Frontera](https://ship.energy/energy/curoil-continuing-to-evaluate-new-bunkering-opportunities-for-the-frontera/): Curaçao-based Curoil has informed ship.energy that it is still on the look-out for potential new bunker opportunities in the Caribbean where it can deploy its 9,500 metric tonne capacity tanker Frontera. As previously reported, Curoil has been using the Frontera to supply bunker fuel off the coast of Trinidad since October last year – but it
- [Chile’s COPEC Marine looking to extend its Mejillones bunkering operation through to September or October](https://ship.energy/information/chiles-copec-marine-looking-to-extend-its-mejillones-bunkering-operation-through-to-september-or-october/): Marine fuel supplier COPEC Marine has informed ship.energy that it has been having a ‘very good season’ in the port of Mejillones in northern Chile and will be looking to continue its bunkering operations there ‘through to September or October’. The company has been delivering both very low sulphur fuel oil (VLSFO) and marine gasoil
- [Los Angeles and Long Beach release findings from San Pedro Bay Clean Marine Fuels Feasibility Assessment](https://ship.energy/information/los-angeles-and-long-beach-release-findings-from-san-pedro-bay-clean-marine-fuels-feasibility-assessment/): The results from a new shipping line survey which the Port of Long Beach and Port of Los Angeles released yesterday (28 July) as part of their San Pedro Bay Clean Marine Fuels Feasibility Assessment indicate that methanol is a key pathway for alternative marine bunkering that can be supported by the development of supply
- [Quadrise announces amended JDA with Licella for bio-oil production technology](https://ship.energy/energy/quadrise-announces-amended-jda-with-licella-for-bio-oil-production-technology/): Quadrise has announced an amended Joint Development Agreement (JDA) with Australian tech company Licella Holdings which sets out a non-binding but ‘more specific development focus’, plus an updated time schedule for the joint testing of the companies’ respective fuel technologies. Licella’s proprietary Cat-HTR hydrothermal liquefaction (HTL) technology converts biomass residues and biowastes, including wood and
- [New MOL report highlights full-scale expansion into offshore, terminals and low-carbon business](https://ship.energy/information/new-mol-report-highlights-full-scale-expansion-into-offshore-terminals-and-low-carbon-business/): Mitsui O.S.K. Lines (MOL) has today (31 July) published its MOL Report 2026, saying it is undertaking a 'full-scale expansion' into floating offshore facilities, tank terminals, onshore logistics, real estate and low carbon and decarbonised businesses. MOL said it would leverage its extensive expertise and track record in liquefied gas transportation, including LNG shipping, to
- [‘World’s largest battery-electric ship’ set for journey to South America](https://ship.energy/technology/worlds-largest-battery-electric-ship-set-for-journey-to-south-america/): Tasmanian shipbuilder Incat has announced today (31 July) that Hull 096 – billed as ‘the world’s largest battery-electric ship’ – has been loaded aboard the heavy lift vessel Black Marlin ahead of its voyage to South America. Incat Chairman Robert Clifford said: ‘This is an extraordinary moment, not just for Incat, but for the future
- [T&E: ‘EU risks losing ground to China in race to produce green shipping fuels’](https://ship.energy/energy/te-eu-risks-losing-ground-to-china-in-race-to-produce-green-shipping-fuels/): Climate NGO Transport & Environment (T&E) has called for 'effective financial support combined with clean fuel targets at the EU level’, as it warns that of ‘Europe’s 69 e-fuel projects [that] could deliver zero-emission fuels to shipping by 2033, only six are operational’. In a statement issued yesterday (30 July), T&E said that the introduction
- [LNG dual fuel crude oil tankers launched in China](https://ship.energy/energy/lng-dual-fuel-crude-oil-tankers-launched-in-china/): A launching ceremony was held on Wednesday (29 July) at New Times Shipbuilding Co. in China for two 155,500 DWT LNG dual fuel crude oil tankers. The vessels, bearing builder's hull numbers 0315847 and 0315873, are being built for Maran Tankers Management Inc. and Capital Ship Management Corp, respectively. The event was attended by representatives from the shipyard,
- [Port of Rotterdam CEO Siemons elected to IAPH board as VP for Europe](https://ship.energy/policy/port-of-rotterdam-ceo-siemons-elected-to-iaph-board-as-vp-for-europe/): The International Association of Ports and Harbours (IAPH) has announced the election of Port of Rotterdam CEO Boudewijn Siemons to the board as regional vice-president for Europe. As previously reported by ship.energy, Siemons assumed the role of CEO of Europe's largest port in 2024 after having previously served as interim CEO and COO at the port authority.
- [New Decarb Hub report calls for standardised approach to Safe Havens on ammonia-fuelled ships ](https://ship.energy/information/new-decarb-hub-report-calls-for-standardised-approach-to-safe-havens-on-ammonia-fuelled-ships/): Lloyd’s Register Maritime Decarbonisation Hub (The Decarb Hub) has published a new report in which it calls for a standardised approach to the design and assessment of Safe Havens on ammonia-fuelled vessels. The new report, Safe Havens for ammonia-fuelled ships, examines how the maritime sector can apply lessons from offshore oil and gas, chemical processing and other safety-critical industries to
- [Gard records 50% increase in bunker claims during first five months of 2026](https://ship.energy/information/vard-records-50-increase-in-bunker-claims-during-first-five-months-of-2026/): Marine insurer Gard has reported that between January and May 2026 it handled over 70 bunker-related claims - a 50% increase on the same period last year. Almost all involved fuel quality, Gard said in a report published today (19 June), and the pattern has sharpened since the Middle East conflict escalated in late February.
- [Northern Lights takes delivery of fourth LNG dual-fuel, rotor sail-equipped LCO2 transport vessel](https://ship.energy/energy/northern-lights-takes-delivery-of-fourth-lng-dual-fuel-rotor-sail-equipped-lco2-transport-vessel/): The Northern Purpose, the fourth LNG dual-fuel liquefied CO2 (LCO2) transport vessel built for Northern Lights, has arrived in Norway. As previously reported by ship.energy, the 7,500 cubic metre (cbm) vessel, which is equipped with a rotor sail and air lubrication technology, is Bernhard Schulte’s first LCO2 ship. ‘With the arrival of Northern Purpose, we
- [MPA to issue eight new LNG bunker licences](https://ship.energy/energy/mpa-to-issue-eight-new-lng-bunker-licences/): The Maritime and Port Authority of Singapore (MPA) has today (30 July) announced it will issue eight new licences to supply LNG as a marine fuel at the world’s largest bunker port from September. The licences will be awarded to Aramco Trading Singapore, Equatorial Marine Fuel Management Services, ExxonMobil Asia Pacific, PetroChina International (Singapore), Shell
- [Delivery of Exmar’s second dual-fuel ammonia vessel](https://ship.energy/energy/delivery-of-exmars-second-dual-fuel-ammonia-vessel/): Exmar has announced that its second dual-fuel ammonia midsize carrier was delivered today (30 July) at the HD Hyundai Heavy Industries shipyard in South Korea. Like sister vessel Antwerpen, which was delivered last month and which completed its first commercial voyage using ammonia as fuel last week, Arlon will be owned by EXMAR France and
- [New U.S. sanctions target Iranian maritime insurers](https://ship.energy/policy/new-u-s-sanctions-target-iranian-maritime-insurers/): The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two firms which it says are ‘integral to an Islamic Revolutionary Guard Corps (IRGC)-backed extortion scheme that forces commercial vessels to purchase mandatory maritime “insurance” to transit the Strait [of Hormuz].’ In a statement issued yesterday (29 July), the Treasury said
- [IBT Bunkering & Trading ‘now also trading from Singapore’](https://ship.energy/information/ibt-bunkering-trading-now-also-trading-from-singapore/): Germany-headquartered IBT Bunkering & Trading has announced that it is ‘opening its doors in Singapore’ – and will henceforth be running trading operations both from its Hamburg base and ‘the world’s largest bunkering hub and the beating heart of marine fuel in Asia’. In a statement posted on LinkedIn yesterday (29 July), IBT Bunkering &
- [Seaspan Energy reaches 150 STS LNG bunkering operations mark](https://ship.energy/energy/seaspan-energy-reaches-150-sts-lng-bunkering-operations-mark/): Seaspan Energy has announced it has completed its 150th ship-to-ship (STS) LNG bunkering. In a statement sent to ship.energy, Seaspan highlighted that the milestone was reached less than two years after the company launched operations. ‘Completing 150 LNG bunkering operations in just 18 months is an incredible achievement for our team,’ said Harly Penner, President,
- [Damen launches second methanol-ready CSOV for TSSM](https://ship.energy/energy/damen-launches-second-methanol-ready-csov-for-tssm/): Damen Shipyards Group has launched the second in a series of two hybrid diesel-electric and methanol-ready commissioning service operations vessels (CSOV) 9020 for Ta San Shang Marine Co. (TSSM). The vessel, to be named TSS Challenger, will join the Damen-built TSS Cruiser, which as previously reported by ship.energy was delivered earlier this year, in the company’s fleet. ‘We are
- [Scottish government to provide over £750,000 for Shetland e-fuels hub project](https://ship.energy/energy/scottish-government-to-provide-over-750000-for-shetland-e-fuels-hub-project/): Veri Energy is to receive £755,720 from the Scottish government to support the third phase of work to develop a clean fuels hub at Sullom Voe Terminal in the Shetland Islands. When it comes into operation by 2030, the facility is expected to produce hydrogen and e-methanol, with manufacturing capacity scaling up into the following
- [Capital Gas Ship Management takes delivery of dual-fuel LPG carrier](https://ship.energy/energy/capital-gas-ship-management-takes-delivery-of-dual-fuel-lpg-carrier/): Greece-headquartered Capital Gas Ship Management Corp. has taken delivery of the 45,000 cubic metre (cbm) LPG dual-fuel gas carrier Aridaios from South Korea’s HD Hyundai Mipo. In a statement issued today (29 July), the shipping company said that the Aridaios is the sister vessel of the Aristogenis, which joined its managed fleet in June. Designed
- [London’s maritime arbitration business shows ‘strong rebound’ in 2025](https://ship.energy/information/londons-maritime-arbitration-business-shows-strong-rebound-in-2025/): Law firm HFW’s new report on maritime arbitration activity in London, Singapore and Hong Kong shows that London experienced a ‘strong rebound’ in 2025 after a fall back in 2024, while the two Asian arbitral centres continue to grow their respective positions. The findings of the seventh edition of HFW’s Maritime Arbitration in Numbers report
- [Dutch industry stakeholders express concern over dwindling Rotterdam bunker sales](https://ship.energy/energy/dutch-industry-stakeholders-express-concern-over-dwindling-rotterdam-bunker-sales/): The Royal Association of Netherlands Shipowners (KVNR) is among several industry stakeholders to put its name to a new position paper that highlights the growing risks to Rotterdam’s status as a leading bunker port amid a sharp decline in marine fuel sales volume. Sales of marine fuel at the Dutch bunker hub in the first
- [Europe’s inland waterway freight transport activity dipped 3% in 2025](https://ship.energy/information/europes-inland-waterway-freight-transport-activity-dipped-3-in-2025/): Eurostat has reported that freight transport activity on European Union (EU) inland waterways reached 118.0 billion tonne-kilometres (tkm) in 2025, which was down about 3% on the previous year. The statistic was based on the latest data on inland waterway freight transport which Eurostat published today (29 July). Summarising the trends in data over the
- [Lerwick Harbour expands shore power infrastructure for NorthLink vessels](https://ship.energy/technology/lerwick-harbour-expands-shore-power-infrastructure-for-northlink-vessels/): Scotland’s Lerwick Harbour has detailed plans of a new project that will enable NorthLink passenger vessels to connect directly to electricity while at berth. Lerwick Port Authority, in collaboration with Caledonian Maritime Assets Limited (CMAL), has developed a shore power scheme for Holmsgarth Berth 3, that will provide electrical power to NorthLink vessels during port calls
- [Hostilities flare again as U.S. responds to IRGC missile and drone attacks](https://ship.energy/information/hostilities-flare-again-as-u-s-responds-to-irgc-missile-and-drone-attacks/): Following the Islamic Revolutionary Guard Corps’ (IRGC) surprise ballistic missile attack against U.S. forces in the Middle East earlier this week, yesterday (28 July) U.S. Central Command (CENTCOM) together with Saudi Arabian Armed Forces carried out precision strikes in Iraq against so-called Iran-aligned terrorists. On 24 July, US President Donald Trump announced an end to
- [CMA CGM posts 19% y-o-y jump in Q2 revenue](https://ship.energy/information/cma-cgm-posts-19-y-o-y-jump-in-q2-revenue/): France-headquartered shipping giant CMA CGM has posted a revenue of $15.69 billion for the second quarter (Q2) of 2026, which was up more than 19% on the $13.17 billion posted in Q2 2025. The group’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $2.99 billion for the quarter was up by almost a third
- [BGN launches US-based retail marine bunkering business](https://ship.energy/energy/bgn-launches-us-based-retail-marine-bunkering-business/): Energy and commodities trading group BGN has announced the launch of its first retail marine bunkering business in the United States. The company has partnered with Houston-based marine petroleum transportation company Centerline Logistics Corporation, chartering two new barges, the Jackson Eades and MGI 2100. The new business will supply high sulphur fuel oil (HSFO), very low sulphur fuel
- [Sallaum Lines signs order for LNG dual-fuel, ammonia-ready PCTC](https://ship.energy/energy/sallaum-lines-signs-order-for-lng-dual-fuel-ammonia-ready-pctc/): Sallaum Lines has announced the signing of a shipbuilding contract with China Merchants Shipyard for the construction of one plus one additional LNG dual-fuel, ammonia-ready Pure Car and Truck Carrier (PCTC). The new 8,600 CEU (car equivalent units) vessel is scheduled for delivery in 2029, the Limassol-headquartered company said in a statement earlier this week. This latest
- [GTT reports ‘stable’ H1 revenue](https://ship.energy/energy/gtt-reports-stable-h1-revenue/): Membrane containment systems specialist GTT has recorded €387.3 million in revenue for the first six months of the year (H1), fractionally down on the €388.7 million that was reported in the same period in 2025. At €263.6 million, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) also held firm, down 0.3% compared with H1 2025.
- [Princess Cruises marks 25 years since first cruise ship shore power connection](https://ship.energy/information/princess-cruises-marks-25-years-since-first-cruise-ship-shore-power-connection/): Princess Cruises has reported 1,725 shore power port calls since it first connected a ship to the hydroelectric shore power system in Juneau, Alaska, in 2001. The Carnival Corporation-owned cruise line said its vessels have used 123,668,490 kilowatt-hours of hydroelectric power, avoiding '84,533.60 metric tons of emissions'. Princess Cruises said it believes its initial shore
- [Oman reportedly presenting Iran with a plan for managing Strait of Hormuz](https://ship.energy/information/oman-reportedly-presenting-iran-with-a-plan-for-managing-strait-of-hormuz/): The government of Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz which would be supported by a system for collecting voluntary fees, according to Reuters. In an article published today (28 July), the news agency said that it had been informed about the plan by ‘a
- [New COO for Fueltrax](https://ship.energy/energy/new-coo-for-fueltrax/): John Donovan has been appointed Chief Operating Officer (COO) of fuel management company, Fueltrax. Donovan has been with Fueltrax since 2018, joining the company as Director of Global Operations, with subsequent promotions to Vice President roles. In a statement sent to ship.energy today (28 July), Fueltrax highlighted that Donanvan has led the company’s ‘extensive buildout
- [Channel EU ETS revenues into ports and operational efficiencies, says PortXChange](https://ship.energy/energy/channel-eu-ets-revenues-into-ports-and-operational-efficiencies-says-portxchange/): The European Commission’s recent review of its Emission Trading System (ETS) calls for Member States to use a percentage of their ETS revenues to decarbonise industry sectors, including shipping, and it proposes a Sustainable Maritime Alternative Propulsion (SMAP) mechanism to direct ETS revenues towards sustainable bunker fuels and zero-emission propulsion technologies, but Rotterdam-based maritime tech
- [The EU ETS review - a bold proposal or a curate's egg?](https://ship.energy/energy/the-eu-ets-review-a-bold-proposal-or-a-curates-egg/): The European Commission’s (EC) long-anticipated review of the EU Emissions Trading System (ETS) landed today (17 July) with an emphasis on more and ringfenced investment for industries’ decarbonisation, including around €15 billion a year for the maritime sector, which, the EC claims, would be an eight-fold uplift on the current level. As outlined in the
- [EC green lights Swedish aid for fishing companies to help meet rising fuel costs](https://ship.energy/energy/ec-green-lights-swedish-aid-for-fishing-companies-to-help-meet-rising-fuel-costs/): The European Commission has approved Sweden’s €149 million (SEK 1.6 billion) State aid scheme to support agricultural, fishing and aquaculture companies facing increased fuel and fertiliser prices due to the Middle East crisis. In a statement issued today (28 July), the EC said that the aid will take the form of direct grants and will
- [HD Hyundai Samho delivers first very large ammonia carrier to Maersk Tankers](https://ship.energy/energy/hd-hyundai-samho-delivers-first-very-large-ammonia-carrier-to-maersk-tankers/): South Korea’s HD Hyundai Samho has announced it has delivered its first very large ammonia carrier (VLAC) to Maersk Tankers. The 93,000 cubic metre (cbm) Jane Maersk, which is capable of transporting both liquefied ammonia and liquefied petroleum gas (LPG), is the first of five that were ordered in November 2023, and one of ten Maersk Tankers has on
- [Netherlands wins EU approval for €103 million subsidy scheme for methanol and hydrogen vessels](https://ship.energy/information/netherlands-wins-eu-approval-for-e103-million-subsidy-scheme-for-methanol-and-hydrogen-vessels/): The European Commission (EC) has approved a €103 million Dutch state aid scheme to support ships running on renewable methanol or renewable hydrogen. In a news briefing issued this week, the EC said the scheme aims to help companies overcome high upfront investment costs and limited market incentives that currently slow the uptake of clean
- [Rotterdam posts continuing dip in fossil bunker sales](https://ship.energy/energy/rotterdam-posts-continuing-dip-in-fossil-bunker-sales/): The Port of Rotterdam has reported fossil bunker fuel sales of 1,636,483 metric tonnes (mt) for the second quarter (Q2) of 2026, which was down both on the 1,685,991 mt sold in Q1 of this year and even more significantly on the 2,321,429 mt sold in Q2 of 2025. Rotterdam has now posted a drop
- [Neste to support Polar expedition with renewable diesel](https://ship.energy/energy/neste-to-support-polar-expedition-with-renewable-diesel/): Finnish refiner Neste will supply Neste MY Renewable Diesel to the Tara Polar Station, the Tara Ocean Foundation’s drifting laboratory and observation station which will be at sea for its first 18-month expedition during 2026-2027. This expedition marks the start of a 20-year-long-programme in collaboration with 30 research institutes. Neste MY Renewable Diesel will replace
- [Major dredging works completed at ‘Senegal’s future deep-water port’](https://ship.energy/information/major-dredging-works-completed-at-senegals-future-deep-water-port/): DP World has announced that major dredging works at the Port of Ndayane, which is set to become Senegal’s principal deep-water container gateway, have been completed 13 months ahead of scheduled. The works included dredging a five kilometre (km) navigation channel. In a statement issued yesterday (27 July), Mohammed Akoojee, CEO and Managing Director for
- [Bureau Veritas VeriFuel releases Q2 2026 fuel quality stats](https://ship.energy/information/bureau-veritas-verifuel-releases-q2-2026-fuel-quality-stats/): New data from Bureau Veritas VeriFuel indicate some fluctuations in bunker fuel quality in the second quarter of 2026, including changes in viscosity for very low sulphur fuel oil (VLSFO) and sediment content in VLSFO and high sulphur fuel oil (HSFO). The global VLSFO quarterly average for viscosity had dipped in Q1 2026 (176 50
- [DBJ becomes impact partner of GCMD](https://ship.energy/technology/dbj-becomes-impact-partner-of-gcmd/): The Global Centre for Maritime Decarbonisation (GCMD) and Development Bank of Japan Inc. (DBJ) have announced a five-year Impact partnership to accelerate the adoption of maritime decarbonisation solutions through financing approaches. In a statement sent to ship.energy today (28 July), GCMD said the partnership combines the Singapore-based non-profits experience in conducting real-world pilots with DBJ’s
- [Demand for vessels supporting floating offshore wind rising, new ABS report finds](https://ship.energy/information/demand-for-vessels-supporting-floating-offshore-wind-rising-new-abs-report-finds/): Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from class society ABS. Produced by ABS in collaboration with Intelatus Global Partners, Floating Offshore Wind and the Vessels That Support It examines
- [HyFive signs new term sheet bringing total contracted volume for HyMet Musel to 60% of annual nominal capacity](https://ship.energy/information/hyfive-signs-new-term-sheet-bringing-total-contracted-volume-for-hymet-musel-to-60-of-annual-nominal-capacity/): Spanish renewables gases company HyFive has announced that it has signed a term sheet to supply 10,000 tonnes per annum (tpa) of e-methanol to an undisclosed customer based in the Amsterdam-Rotterdam-Antwerp (ARA) region. Under the agreement announced on LinkedIn today (27 July), the e-methanol will come from HyFive’s under-development HyMet Musel plant at the Port
- [Global tanker operators facing ‘perfect storm’, warns Peninsula](https://ship.energy/information/global-tanker-operators-facing-perfect-storm-warns-peninsula/): Bunker company Peninsula has highlighted that maritime diversions around the Cape of Good Hope to avoid the Red Sea are creating an ‘unprecedented surge in tonne-mile demand’ which, in conjunction with the requirements of the Mediterranean Emission Control Area (ECA), could escalate operational costs and constrain bunker supply at alternative key bunker ports. With the
- [Conrad Shipyard and Samsung Heavy Industries receive ABS AiP for 20,000 cbm LNGBV design](https://ship.energy/energy/conrad-shipyard-and-samsung-heavy-industries-receive-abs-aip-for-20000-cbm-lngbv-design/): Louisiana-based Conrad Shipyard and South Korea’s Samsung Heavy Industries have been awarded Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for the design of a 12,000 cubic metre (cbm) LNG bunkering articulated tug and barge (ATB). The AiP was announced as part of an event to mark the opening of the Korea-U.S. Shipbuilding Partnership
- [IBIA: available information shows ‘no direct causal relationship’ in shale oil fuel concerns](https://ship.energy/information/ibia-available-information-shows-no-direct-causal-relationship-in-shale-oil-fuel-concerns/): IBIA has issued a statement today (27 July) saying its technical working group has found no ‘direct causal relationship’ between vessel operational issues and residual marine fuels potentially containing shale oil-derived components. Singapore-based testing agency Maritec-Naias said in June that tests it recently carried out on Singapore-supplied very low sulphur fuel oil (VLSFO) had shown
- [NEMO STCW Task Force to address crew training for nuclear-powered merchant ships](https://ship.energy/information/nemo-stcw-task-force-to-address-crew-training-for-nuclear-powered-merchant-ships/): The Nuclear Energy Maritime Organization (NEMO) STCW Task Force is working within NEMO Working Group 1 (Maritime Regulations) to consider how existing STCW (Standards of Training, Certification and Watchkeeping for Seafarers) frameworks could evolve to support nuclear-powered merchant ships. The Task Force, which is led by Mark Smith, Loss Prevention Director - Decarbonisation and NNE
- [Portsmouth International Port’s shore power system up and running](https://ship.energy/technology/portsmouth-international-ports-shore-power-system-up-and-running/): Portsmouth International Port has announced that its shore power system is now fully operational, after the final stages of testing were completed last week. In a statement issued on Friday (24 July), the UK port said Brittany Ferries’ hybrid-electric ships, the St Malo and the Guillaume de Normandie – both part of a €550 million fleet renewal – were the first
- [CMT launches pressure drop test to help detect engine energy loss](https://ship.energy/energy/cmt-launches-pressure-drop-test-to-help-detect-engine-energy-loss/): Germany’s CM Technologies (CMT) has introduced a compact Pressure Drop Test Instrument (PDTI) designed to identify cylinder pressure leaks ‘before they result in increased fuel consumption, costly repairs and ship downtime.’ In a statement sent to ship.energy this morning (27 July), CMT highlighted that during a diesel engine’s compression process, a pressure loss can provide
- [EC: Bunkering vessels on ‘shadow fleet’ list will be subject to ban on receiving services and port access](https://ship.energy/energy/ec-bunkering-vessels-on-shadow-fleet-list-will-be-subject-to-ban-on-receiving-services-and-port-access/): The European Commission’s press office has informed ship.energy that the vessels – including bunkering tankers – that have been added to the updated ‘shadow fleet ‘ list as part of the sanctions taken against Russia will ‘now be subject to a port access ban and a ban on receiving services’. Furthermore, any bunkering vessels that
- [Infineum and Kangtai agree Southern Asia distribution arrangement](https://ship.energy/energy/infineum-and-kangtai-agree-southern-asia-distribution-arrangement/): Lubricant additives and specialty chemicals supplier Infineum and integrated specialty chemicals manufacturer Kangtai have advanced their collaboration through a new distribution arrangement across Southern Asia. According to UK-based Infineum, the new arrangement, which builds on a strategic framework agreement that was signed in January, is centred on mutual collaboration in several key areas including customer centricity, superior technology,
- [Port of Long Beach Signs MoC with the U.S Maritime Administration to study nuclear energy for ship propulsion and ports ](https://ship.energy/information/port-of-long-beach-signs-moc-with-the-u-s-maritime-administration-to-study-nuclear-energy-for-ship-propulsion/): The Port of Long Beach has signed a Memorandum of Cooperation (MoC) with the U.S. Maritime Administration (MARAD) to study the safe deployment of small modular reactors to power commercial vessels, ports and ‘other maritime assets’. In a statement issued this week, Long Beach said this was the first time a U.S. port had joined
- [Tsuneishi Solutions Tokyobay delivers first methanol low-flashpoint fuel supply system for Kamsarmax](https://ship.energy/energy/tsuneishi-solutions-tokyobay-delivers-first-methanol-low-flashpoint-fuel-supply-system-for-kamsarmax/): Japan-based Tsuneishi Solutions Tokyobay (T-Sol) has announced it has delivered a methanol fuel supply system (LFSS) for medium- and low-speed diesel engines. This LFSS is the first unit of T-Sol’s proprietary LFSS developed in-house and will be installed on a Kamsarmax bulk carrier, marking its first application on an actual vessel following an AiP granted by
- [Bunkering vessels included in the ‘shadow fleet’ in the EU’s latest package of sanctions against Russia](https://ship.energy/energy/bunkering-vessels-included-in-the-shadow-fleet-in-the-eus-latest-package-of-sanctions-against-russia/): The European Union’s 21st package of sanctions against Russia, which was formally adopted yesterday (23 July), includes oil price cap adjustments, changes to the measures on LNG tanker resales – and the inclusion of five bunkering vessels in the sanctioned ‘shadow fleet’. In a statement issued yesterday, the European Commission said that, with regard to
- [RSP and RST ink Rotterdam shore power development agreement](https://ship.energy/technology/rsp-and-rst-ink-rotterdam-shore-power-development-agreement/): Rotterdam Shore Power (RSP) – the joint venture between the Port of Rotterdam and Eneco – and Rotterdam Shortsea Terminals (RST) have signed a cooperation agreement for the development of shore power at the latter's terminal. The agreement was signed last week, the companies said in a social media post yesterday (23 July). ‘Over the
- [James Fisher LNG dual-fuel chemical tanker newbuild named in London](https://ship.energy/energy/james-fisher-lng-dual-fuel-chemical-tanker-newbuild-named-in-london/): A naming ceremony has been held in London for the Orca Fisher, the first of four new LNG dual-fuel ‘Sealife class’ chemical tankers being built for James Fisher and Sons. The ceremony was alongside HMS Belfast on the River Thames and brought together customers, colleagues, shipbuilding partners and industry stakeholders, the tanker owner said in a statement sent to ship.energy. As previously reported, James Fisher announced
- [Korea-U.S. Shipbuilding Partnership Center opened](https://ship.energy/information/korea-u-s-shipbuilding-partnership-center-opened/): The Korea-U.S. Shipbuilding Partnership Center (KUSPC) – which aims to serves a hub for cooperation between the two countries’ industries, academia and research institutions – was yesterday (23 July) officially opened at a ceremony in Washington DC. Alongside the opening of the new centre, the US-based classification society ABS and Texas A&M University (TAMU) joined
- [Explora Journeys takes delivery of LNG-capable Explora III](https://ship.energy/energy/explora-journeys-takes-delivery-of-lng-capable-explora-iii/): Explora Journeys has announced it has taken delivery of the Explora III, the first LNG-capable vessel in its fleet. As previously reported by ship.energy, the vessel is part of a series of six that are being built for Explora Journeys, the luxury cruise line division for the MSC Group. The first two vessels, the Explora Iand Explora II, were delivered
- [Yamaha Motor joining hydrogen-powered sauna boat project](https://ship.energy/energy/yamaha-motor-joining-hydrogen-powered-sauna-boat-project/): Yamaha Motor Co. has announced it will join a development and proof of concept (PoC) project for a hydrogen-powered sauna boat with Finnish non-profit organisation Central Finland Mobility Foundation. In a statement issued today (23 July), Yamaha Motor Co. said the project will see electricity generated using hydrogen fuel cells and hydrogen cartridges used to power
- [EBRD, EU providing funding for electrification project at Port of Constanța](https://ship.energy/information/ebrd-eu-providing-funding-for-electrification-project-at-port-of-constanta/): The European Bank for Reconstruction and Development (EBRD) has announced it is providing a senior loan of up to €25 million to Constanța South Container Terminal (CSCT), a wholly owned subsidiary of DP World, to support the electrification of operations – including new shore power facilities - at Romania's Port of Constanța. The EBRD financing
- [GAZ-SYSTEM reveals name of first FSRU](https://ship.energy/information/gaz-system-reveals-name-of-first-fsru/): Poland’s gas transmission and infrastructure company GAZ-SYSTEM has announced that the first of its floating storage and regasification units (FSRU), which will be situated in the Bay of Gdańsk, is to be called Solidarity. ‘Europe has learned its lesson from the crises of recent years. Energy independence is not a given and requires consistent, long-term
- [U.S. EPA transmits Californian maritime emissions waivers to Congress](https://ship.energy/policy/u-s-epa-transmits-californian-maritime-emission-waivers-to-congress/): The U.S. Environmental Protection Agency (EPA) has transmitted to Congress the state of California’s Ocean-Going Vessels At Berth and Commercial Harbor Craft waivers. In a statement issued yesterday (22 July), the EPA said that two regulations – which it describes as ‘waiver rules’ – have ‘given the state [of California] the authority to enact its
- [IEMA joins SASHA](https://ship.energy/energy/iema-joins-sasha/): The International Electric Maritime Association (IEMA) has joined the SASHA Coalition. The SASHA Coalition – whose acronymic name is derived from ‘Skies and Seas Hydrogen-fuels Accelerator’ – was established in 2022 in order to promote the use of green hydrogen in decarbonising both aviation and shipping. In a statement posted on LinkedIn today (23 July),
- [Gibraltar sees another strong month for bunker calls](https://ship.energy/energy/gibraltar-sees-another-strong-month-for-bunker-calls/): The 553 calls for marine fuel in Gibraltar last month was the second-highest total of the year to date. Last month’s total was 81 more than the 472 that was recorded in June 2025, though down on the record 599 calls that were registered in May, data published by the Government of Gibraltar shows. During
- [Strait of Hormuz challenges drive up H1 oil throughput at Port of Rotterdam](https://ship.energy/energy/strait-of-hormuz-challenges-drive-up-h1-oil-throughput-at-port-of-rotterdam/): Total throughput at the Port of Rotterdam rose by 0.4% in the first six months of 2026, while oil and oil product volumes increased by 4.7% as a result of the closure of the Strait of Hormuz. In its announcement of H1 throughput data, the Port notes that prices for crude oil and mineral products
- [Fairfield Maritime Japan and Neste ink long-term charter contract for WAPS-equipped MR tanker pair](https://ship.energy/energy/fairfield-maritime-japan-and-neste-ink-long-term-charter-contract-for-waps-equipped-mr-tanker-pair/): Fairfield Maritime Japan has signed a contract with Finnish renewable diesel and sustainable aviation fuel (SAF) producer Neste for the long-term charter of two MR tankers that will be equipped with wind-assisted propulsion systems (WAPS). In addition, the 50,000 DWT Ice Class 1A vessels, which will use low sulphur fuels, will be ‘capable of being retrofitted to operate on methanol at some
- [India and Panama looking to ‘deepen collaboration’ on maritime security, logistics and digitalisation](https://ship.energy/information/india-and-panama-looking-to-deepen-collaboration-on-maritime-security-logistics-and-digitalisation/): India’s Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal and Panama's Minister of Foreign Affairs, Javier Martínez-Acha Vásquez have announced that they are looking to ‘deepen their maritime cooperation’, with logistics, shipping, maritime security, skill development and digital transformation being the ‘key pillars of an expanded strategic partnership’. In a statement issued by the
- [DP World to develop two new terminals in Fujairah ](https://ship.energy/policy/national/dp-world-to-develop-two-new-terminals-in-fujairah/): Dubai-headquartered DP World has announced it has reached an agreement in principle with the Fujairah Ports Authority under a 50-year concession to develop two new terminals on the UAE's east coast — the Al Rugaylat container and multi-purpose terminal, and the Dibba General Cargo terminal. In a statement issued today (22 July), DP World said
- [Norsepower Rotor Sail force measurement validated by RISE](https://ship.energy/energy/wind/norsepower-rotor-sail-force-measurement-validated-by-rise/): Finland-based Norsepower has announced that its proprietary force measurement technology for wind-assisted ship propulsion (WASP) has been independently validated by RISE technology infrastructure SSPA Maritime Centre. The evaluation was carried out onboard MV Chinook Oldendorff, which, as previously reported by ship.energy, is equipped with three Norsepower Rotor Sails. According to Norsepower, the validation ranks among
- [Panama sees sharp drop in monthly bunker sales](https://ship.energy/energy/panama-sees-sharp-drop-in-monthly-bunker-sales/): The 385,100 metric tonnes (mt) of marine fuel sold in Panama last month was the lowest monthly total since the 376,033 mt posted last September. Sales of very low sulphur fuel oil (VLSFO), which accounts for approximately two thirds of all marine fuel sold in Panama, slipped from 267,076 mt in June 2025 to 247,652 mt –
- [Norden first maritime operator to receive RSB’s Book & Claim Trader Certification](https://ship.energy/information/norden-first-maritime-operator-to-receive-rsbs-book-claim-trader-certification/): The Roundtable on Sustainable Biomaterials (RSB) has informed ship.energy that Norden has become the first maritime operator to achieve its Book & Claim Trader Certification, allowing the dry bulk and tanker operator to register and transfer Book & Claim Units (BCUs) in its RSB Book & Claim Registry. BCUs record the 'sustainability attributes' (such as
- [H2Global Foundation and MMMCZCS sign MoU on role of market-based instruments in decarbonisation](https://ship.energy/information/h2global-foundation-and-mmmczcs-sign-mou-on-role-of-market-based-instruments-in-decarbonisation/): The H2Global Foundation and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Memorandum of Understanding (MoU) to explore the use of market-based instruments, such as double-sided auctions for hydrogen-based fuels, to accelerate decarbonisation in the shipping sector. The MoU was signed by Markus Exenberger, CEO of the H2Global Foundation, and Pernille
- [Lloyd’s Register verifies AkzoNobel’s approach to vessel performance analysis under ISO 19030](https://ship.energy/information/lloyds-register-verifies-akzonobels-approach-to-vessel-performance-analysis-under-iso-19030/): Lloyd’s Register has independently verified that a vessel performance analysis methodology created by AkzoNobel meets the ISO 19030 standard. ISO 19030 is an international standard that provides a standardised method for measuring and monitoring changes in a ship’s hull and propeller performance. Dr Chris Craddock, Global Lead, Marine Asset & Operational Performance at Lloyd’s Register,
- [S-Oil begins supply of biofuel-blended bunkers](https://ship.energy/energy/s-oil-begins-supply-of-biofuel-blended-bunkers/): South Korea refiner S-Oil is reported to have launched supply of a B30 very low sulphur fuel oil (VLSFO) at the country’s largest port, Ulsan. The product launch was widely reported today (22 July) by local media. According to the AJP news agency, S-Oil produces VLSFO at its Onsan facility and combines it with biofuel
- [Vard supplying ‘future-proofed’ maintenance vessels to Trinity House](https://ship.energy/energy/vard-supplying-future-proofed-maintenance-vessels-to-trinity-house/): Vard has been contracted by the British maritime safety and welfare organisation Trinity House to deliver two multi-function buoy and lighthouse maintenance vessels that are ‘designed with the capability for conversion to methanol fuel’. In a statement issued today (22 July), Vard said that the vessels will also feature a hybrid propulsion system and be capable
- [Second edition of inland tank-barge safety guide published](https://ship.energy/information/second-edition-of-inland-tank-barge-safety-guide-published/): OCIMF and the Central Commission for the Navigation of the Rhine (CCNR) have today (22 July) published the second edition of the International Safety Guide for Inland Navigation Tank-barges and Terminals (ISGINTT), making the industry reference guide available in English, French, German, Dutch and Portuguese. The ISGINTT provides recommendations for the safe handling and transport
- [Arc signs up to the Maritime Battery Forum](https://ship.energy/energy/arc-signs-up-to-the-maritime-battery-forum/): Los Angeles-headquartered marine technology company Arc has become a member of the Maritime Battery Forum. Established in 2021, Arc designs battery systems, powertrain, thermal management systems, and software. Arc’s technology is installed on recreational boats, and it is now applying its knowledge to larger commercial vessels. The company is currently developing a fleet of eight
- [CMA CGM set to implement new emergency fuel surcharge next month](https://ship.energy/energy/cma-cgm-set-to-implement-new-emergency-fuel-surcharge-next-month/): CMA CGM has announced that, as a result of a ‘significant’ increase in bunker costs, it will be applying a new emergency fuel surcharge (EFS) that will come into effect from 1 August. In an advisory issued yesterday (21 July), the France-headquartered shipping giant said: ‘Following the renewed escalation of hostilities in the Strait of
- [Enagás lifts stake in Saggas regasification plant](https://ship.energy/energy/enagas-lifts-stake-in-saggas-regasification-plant/): Spanish energy company Enagás has agreed to purchase Osaka Gas's 20% stake in the Saggas regasification plant in Sagunto which will take its shareholding in the facility up to 92.5%. The transaction, which is valued at €31 million, is expected to close before the end of 2026, subject to obtaining regulatory approvals. The balance of
- [Project CAPTURED garners formal EU ETS recognition and IMO in-principle support](https://ship.energy/technology/project-captured-garners-formal-eu-ets-recognition-and-imo-in-principle-support/): The Global Centre for Maritime Decarbonisation (GCMD) has announced that Project CAPTURED – which last year demonstrated the world's first end-to-end value chain for onboard captured and liquefied CO2 – has achieved two ‘regulatory milestones’: formal recognition under the European Union Emissions Trading System (EU ETS); and in-principle support from the International Maritime Organization (IMO)
- [Wallenius Wilhelmson’s new dual-fuel PCTC receives first green methanol stem in Shanghai](https://ship.energy/energy/wallenius-wilhelmsons-new-dual-fuel-pctc-receives-first-green-methanol-stem-in-shanghai/): EUKOR Car Carriers, SIPG Energy, and World Fuel have completed the first green methanol bunkering of Wallenius Wilhelmsen’s first Shaper Class vessel, M/V Arctic Tern, at the Port of Shanghai. As previously reported by ship.energy, Wallenius Wilhelmsen announced the delivery of the 9,300 car equivalent unit (CCU) vessel – the first of 14 Shaper Class car carriers ordered
- [Shipergy announces job moves](https://ship.energy/information/shipergy-announces-job-moves/): Marine fuels trading firm Shipergy has announced a number of appointments across its commercial team. Lina Molfetas, who has worked with Shipergy since its inception in 2022, has been appointed Trading Manager, based in London. In this role, she leads trading activity across the desk, oversees and develops trading activities, and builds on client relationships.
- [U.S. SPR oil stocks head south as drawdown continues](https://ship.energy/information/u-s-spr-oil-stocks-head-south-as-drawdown-continues/): U.S. Department of Energy data shows that crude oil stocks in the country’s Strategic Petroleum Reserve (SPR) have fallen by 10.7 million barrels this month to reach 311.4 million barrels on 17 July, which is the lowest volume since March 1983 and equates to around 43% of authorised SPR capacity. The drawdown is in line
- [EC issues new recommendations on methane emission rules](https://ship.energy/information/ec-issues-new-recommendations-on-methane-emission-rules/): The European Commission has issued two recommendations with which it hopes to ‘provide clarity’ on how to effectively implement European Union (EU) regulations to reduce methane emissions. In a statement published on its Europa website yesterday (20 July), the EC said that it has been working with Member States and industry in order to ‘ensure
- [Qatar eases navigation restrictions](https://ship.energy/information/qatar-eases-navigation-restrictions/): As the situation in the Middle East continues to develop, Qatar’s Ministry of Transport (MOT) has lifted some restrictions on maritime traffic off its coast. In a circular issued today (21 July), the MOT said: ‘Maritime navigation activities for all types of maritime vessels and ships can now resume normally within the marine range of
- [New project addresses wind-assisted propulsion for MR tanker sector](https://ship.energy/energy/new-project-addresses-wind-assisted-propulsion-for-mr-tanker-sector/): Capital Ship Management, K Shipbuilding and Lloyd's Register are teaming up on a joint development project which will assess whether wind-assisted propulsion can generate commercially viable efficiency gains for standard product tanker operations. The project will assess whether wind-assisted propulsion can deliver commercially viable efficiency gains for standard product tanker operations. While wind-assisted propulsion has
- [Piraeus Port Authority and NTUA to collaborate on port development](https://ship.energy/information/piraeus-port-authority-and-ntua-to-collaborate-on-port-development/): Piraeus Port Authority S.A. (PPA S.A.) and the National Technical University of Athens (NTUA) have signed a Memorandum of Understanding (MoU) that will see the partners collaborate in the fields of research, technological advancement, and sustainable port development. Announced last week, the MoU aims to strengthen cooperation between the academic community and the port industry
- [Yang Ming and PSA International partnering on low-carbon solutions ](https://ship.energy/information/yang-ming-and-psa-international-partnering-on-low-carbon-solutions/): Yang Ming Marine Transport Corporation (Yang Ming) and PSA International (PSA) have signed a Memorandum of Understanding (MoU) to accelerate the adoption of low-carbon solutions across the maritime value chain. In a statement issued yesterday (20 July), the container shipping company said that, beyond emissions measurement and verification, the collaboration focuses on a digital Book-and-Claim
- [Nick Potter appointed co-chair of Clean Energy Marine Hubs’ Steering Committee](https://ship.energy/information/nick-potter-appointed-co-chair-of-clean-energy-marine-hubs-steering-committee/): Nick Potter, President and CEO of AET and immediate past Chairman of Oil Companies International Marine Forum (OCIMF), joins Paula Vieira, Director General of Environmental Policy at Transport Canada, as co-chair of the Clean Energy Marine Hubs’ (CEM-HUBS) Steering Committee, and he also takes up a role as Chair of the CEM-HUBS Private Sector Group
- [Anemoi’s rotor sail tech garners Bureau Veritas design approval](https://ship.energy/energy/anemois-rotor-sail-tech-garners-bureau-veritas-design-approval/): Anemoi Marine Technologies has received design assessment approvals from Bureau Veritas for its fixed and rail deployed 3.5 metre x 24.5 metre Rotor Sails, including EX-rated versions and shorter variants for ships with air draft restrictions. With these latest approvals, the full Anemoi Rotor Sail portfolio is now covered by approvals from class societies including
- [Launch of Avenir’s latest 20,000 cbm LNG bunker vessel](https://ship.energy/energy/launch-of-avenirs-latest-20000-cbm-lng-bunker-vessel/): London-based Avenir LNG has announced the launch of its latest 20,000 cubic metre (cbm) LNG bunker and supply vessel, Avenir Ambition. The tanker is the first of two 20,000 cbm vessels that were ordered in 2024. The vessels are being built by Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd (SOE) in China, a subsidiary of CIMC Enric.
- [ABS grants AiP for South Korean nuclear-powered box ship design](https://ship.energy/energy/abs-grants-aip-for-south-korean-nuclear-powered-box-ship-design/): Classification society ABS has granted Approval in Principle (AiP) to a design from the Korea Research Institute of Ships and Ocean Engineering (KRISO) and the Korea Atomic Energy Research Institute (KAERI) for a 15,000 TEU (twenty-foot equivalent unit) container ship powered by small modular reactors (SMRs). In a Korean language statement published on its website
- [Clarksons: Strait of Hormuz transits scale back to 90% below pre-conflict levels](https://ship.energy/information/clarksons-strait-of-hormuz-transits-scale-back-to-90-below-pre-conflict-levels/): In an update published today (20 July), Clarksons Research says that Strait of Hormuz vessel transits have fallen to an average of 12 per day over the past five days, compared with a pre-conflict daily tally of 125 crossings. Steve Gordon, Global Head of Clarksons Research also noted that in tonnage terms, transits have dropped
- [MMMCZCS open-sources Navigate maritime decarbonisation modelling software for industry scrutiny](https://ship.energy/information/mmmczcs-open-sources-navigate-maritime-decarbonisation-modelling-software-for-industry-scrutiny/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has open-sourced Navigate, its maritime decarbonisation pathways simulation software tool. The move makes Navigate's code and underlying assumptions freely available for industry feedback, allowing users to ‘examine its code, scrutinize its assumptions and challenge its findings’, said the Center. In a post shared today on
- [Wärtsilä and Carnival Corporation ink first service contract covering LNG-fuelled cruise ships](https://ship.energy/energy/wartsila-and-carnival-corporation-ink-first-service-contract-covering-lng-fuelled-cruise-ships/): Technology group Wärtsilä and Carnival Corporation have entered into an 8-year Lifecycle Agreement covering four cruise vessels within the Princess Cruises and Carnival Cruise Line fleets, including two newbuild vessels currently under construction. The agreement, announced today (20 July), marks the first service contract between the companies covering Carnival Corporation’s LNG-fuelled cruise ships. Under the
- [Industry stakeholders broadly supportive of EU ETS review but with some caveats](https://ship.energy/energy/industry-stakeholders-broadly-supportive-of-eu-ets-review-but-with-some-caveats/): Maritime organisations have responded positively to the European Commission’s (EC) review of the EU Emissions Trading System (ETS), with strong backing for its ambition to increase targeted investment in the decarbonisation of the sector, but there remain concerns over a perceived lack of clarity on how existing EU regulations could be harmonised with any future
- [J-ENG ammonia engine wins Japan’s Marine Engineering of the Year award](https://ship.energy/energy/j-eng-ammonia-engine-wins-japans-marine-engineering-of-the-year-award/): Japan-Engine Corporation’s (J-ENG) scooped the Marine Engineering of the Year award at a ceremony held in Japan today (17 July) for its ammonia-fuelled low-speed two-stroke engine, UEC50LSJA. The ceremony was hosted by the Japan Institute of Marine Engineering, The Japan Institute of Navigation, and The Japan Society of Naval Architects and Ocean Engineers. The UEC50LSJA has
- [EXMAR’s Antwerpen completes first ammonia-powered commercial voyage](https://ship.energy/energy/exmars-antwerpen-completes-first-ammonia-powered-commercial-voyage/): EXMAR has announced that Antwerpen, the world’s first oceangoing vessel powered by a dual-fuel ammonia engine, has completed its first commercial voyage using ammonia as fuel. As previously reported by ship.energy, the 46,000 cubic metre (cbm) capacity midsize gas carrier (MGC) was delivered last month. In a social media post today (20 July), EXMAR said: ‘During her voyage
- [Drewry: ‘Decarbonisation of operations is the most pressing environmental issue’ for terminal operators](https://ship.energy/information/drewry-decarbonisation-of-operations-is-the-most-pressing-environmental-issue-for-terminal-operators/): Drewry has today (17 July) reported that: ‘Global port throughput volumes in 2025 demonstrated remarkable resilience, rising 6.5% year-on-year (YoY) to 994 mteu [million twenty-foot equivalent units], despite challenging geopolitical conditions’ – and added that, going forward, ‘across the industry, decarbonisation of operations is the most pressing environmental issue’. In a statement announcing the publication
- [Port of Oakland reports 7.7% y-o-y increase in June container volume](https://ship.energy/policy/ports/port-of-oakland-reports-7-7-y-o-y-increase-in-june-container-volume/): The Port of Oakland handled 181,356 TEUs (twenty-foot equivalent units) in June, a 7.7% increase over June 2025. In a statement issued on Friday (17 July), the Californian port said the result was driven by solid growth in both imports and exports, with loaded container cargo rising 10.3% year over year. Full imports reached 78,114 TEUs
- [Vitol Bunkers launches commercial bunkering services at Pakistan’s Gwadar Port](https://ship.energy/energy/vitol-bunkers-launches-commercial-bunkering-services-at-pakistans-gwadar-port/): Vitol Bunkers has announced it has launched a new commercial bunkering service at Gwadar Port, Pakistan. In a statement sent to ship.energy, Vitol Bunkers said that starting from today (14 July), ‘and for the first time in the port’s history’, commercial vessels will be able to bunker high sulphur fuel oil (HSFO), very low sulphur
- [Biofuel used by ADM to complete its first global B100 trial voyage was bunkered in Rotterdam](https://ship.energy/information/biofuel-used-by-adm-to-complete-its-first-global-b100-trial-voyage-was-bunkered-in-rotterdam/): Global agricultural commodities and processing group ADM has informed ship.energy that the biofuel used by the company to complete its first global B100 trial voyage was produced from waste-based feedstocks and bunkered in Rotterdam. According to a company spokesperson, the B100 fuel used by the bulk carrier Harvest Rain was produced primarily from waste-based feedstocks,
- [Unibarge secures new ISCC Biomarine Fuel Operator Certification](https://ship.energy/information/unibarge-secures-new-iscc-biomarine-fuel-operator-certification/): Unibarge Sustainable Bunkering B.V. has secured ISCC Certification, becoming only the third company registered in the Netherlands to obtain the ISCC's new Biomarine Fuel Operator certification. The company has also achieved Trader with Storage and Proof of Compliance Trader certification. The Biomarine Fuel Operator scope was introduced by the ISCC in January to allow certain
- [LNG-fuelled MSC World Asia embarks on first sea trial](https://ship.energy/energy/lng-fuelled-msc-world-asia-embarks-on-first-sea-trial/): MSC Cruises has announced that the LNG-fuelled MSC World Asia has departed the Chantiers de l'Atlantique Shipyard in Saint-Nazaire to begin its first sea trial. Part of the ‘World Class’ series of vessels that the French shipbuilder is constructing for the cruise company, the MSC World Asia is set to start operations at the end of the year. As
- [UKMTO reports projectile strike against tanker off Oman’s coast](https://ship.energy/information/ukmto-reports-projectile-strike-against-tanker-off-omans-coast/): The UK Maritime Trade Operations (UKMTO) Centre said it has received a report that a tanker was hit by an ‘unknown projectile’ earlier today (17 July) at a position 19 nautical miles east of Khasab in Oman. The tanker is said to have sustained minor structural damage to the port side and is now continuing
- [STS JV and TotalEnergies join with Beyond the Sea to evaluate wind-assisted towing project](https://ship.energy/energy/sts-jv-and-totalenergies-join-with-beyond-the-sea-to-evaluate-wind-assisted-towing-project/): The SBM Offshore and Technip Energies Joint Venture (STS JV) and TotalEnergies EP Suriname have agreed to work with French firm Beyond the Sea to evaluate wind-assisted kite traction towing for Suriname’s GranMorgu Floating Production, Storage, and Offloading (FPSO) vessel project. The key objective is to reduce towing duration and fuel consumption by using a
- [WBE unveils green methanol bunkering vessel design for Port of Klaipėda](https://ship.energy/energy/wbe-unveils-green-methanol-bunkering-vessel-design-for-port-of-klaipeda/): Lithuanian shipbuilder Western Baltic Engineering (WBE) has unveiled a concept design for an 800 metric tonne-capacity green methanol bunker vessel that has been developed for the operational needs of the Port of Klaipėda. In a social media post issued this week, Klaipėda-based WBE, a subsidiary of the BLRT Grupp, said the 70-metre-long vessel had been
- [BP to sell majority of BP Ventures portfolio](https://ship.energy/information/bp-to-sell-majority-of-bp-ventures-portfolio/): BP has reached an agreement with Verdane to sell BP Ventures’ minority interests in more than 10 companies in its portfolio. In a statement issued this week, BP said that the transaction, which is subject to regulatory and contractual approvals, includes most of BP Ventures’ minority interests across a range of energy-related technologies. BP Ventures
- [Augusta HVO sales on the up, but suppliers are juggling complexities of biofuel regulations and multi-fuel logistics](https://ship.energy/energy/augusta-hvo-sales-on-the-up-but-suppliers-are-juggling-complexities-of-biofuel-regulations-and-multi-fuel-logistics/): Bunkering personnel at Italy’s jEnergy have informed ship.energy that the combination of International Maritime Organization (IMO) and European Union (EU) regulations on marine fuels has led to a noticeable year-on-year uptick in the sales of hydrotreated vegetable oil (HVO) at the port of Augusta – but it has also brought logistical challenges and a big
- [Proteus Supply and Trading and Propeller Fuels reach across the water in new partnership](https://ship.energy/information/proteus-supply-and-trading-and-propeller-fuels-reach-across-the-water-in-new-partnership/): Propeller Fuels Ltd UK and US-based Proteus Supply and Trading, LLC have informed ship.energy this morning (17 July) that they have established a new commercial partnership which will combine Proteus’ activities in the Americas and the Caribbean with Propeller Fuels’ global connections through its offices in the UK, Greece, Dubai, and Singapore. Both companies started
- [Port of Los Angeles reports busiest ever June for container handling](https://ship.energy/policy/ports/port-of-los-angeles-reports-busiest-ever-june-for-container-handling/): The 1,002,734 TEU (twenty-foot equivalent units) moved by dockworkers at the Port of Los Angeles last month marked the busiest June in the Port's 118-year history. Additionally, June’s total was only the third time monthly cargo volume has exceeded 1 million container units, the Californian port said this week. June cargo was 12% higher than
- [SEA-LNG granted consultative status at IMO](https://ship.energy/information/sea-lng-granted-consultative-status-at-imo/): Industry coalition SEA-LNG has been granted International Maritime Organization (IMO) consultative status by the IMO Council. The decision was announced at the conclusion of the IMO Council's 137th session (6–10 July), during which consultative status was also conferred on the International Electric Marine Association and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, with
- [New accelerator project seeking EU funding to develop 80 zero-emission inland vessels](https://ship.energy/energy/new-accelerator-project-seeking-eu-funding-to-develop-80-zero-emission-inland-vessels/): Netherlands-based Flikkema Innovation Management & Consultancy (FIMC) has unveiled details of a new accelerator project that aims to achieve 80 zero-emission inland vessels through a combination of newbuilds and retrofits. In a statement issued Wednesday (15 July), FIMC said that the Green Inland Shipping Accelerator (GISA), which it is leading along with compatriot Inland Navigation
- [Wärtsilä supplying ammonia engines for two gas carriers being built for Navigator Amon Shipping](https://ship.energy/energy/wartsila-supplying-ammonia-engines-for-two-gas-carriers-being-built-for-navigator-amon-shipping/): Wärtsilä will be supplying Wärtsilä 25 Ammonia auxiliary engines for two new LPG/liquid ammonia carrier vessels that are being built at the Nantong CIMC Sinopacific Offshore & Engineering (SOE) shipyard in Shanghai for the Navigator Gas and Amon Maritime joint venture, Navigator Amon Shipping AS. Wärtsilä will also supply NOx reducers (SCR), gas valve units (GVU)
- [Port of Corpus Christi joins NEMO](https://ship.energy/energy/port-of-corpus-christi-joins-nemo/): The Port Corpus Christi has joined the Nuclear Energy Maritime Organization (NEMO). Located in Texas on the western Gulf Coast with access to 38 nautical miles of ship channel, Port Corpus Christi is the third largest port in the United States in total waterborne tonnage. On Monday (14 July), the Port of Corpus Christi announced
- [Econowind receives TADC from DNV for 3-Series VentoFoil](https://ship.energy/information/econowind-receives-tadc-from-dnv-for-3-series-ventofoil/): Wind-assisted propulsion systems (WAPS) company Econowind has announced it has received a Type Approval Design Certificate (TADC) from classification society DNV for its VentoFoil 3-Series boundary layer suction wing. In a statement issued today (16 July), Netherlands-based Econowind said the certification confirms compliance with DNV’s ST-0511 standard for WAPS and enables easier integration of VentoFoils
- [Baleària’s Mercedes Pinto fast ferry completes first Las Palmas LNG bunkering in usual berth](https://ship.energy/energy/balearias-mercedes-pinto-fast-ferry-completes-first-las-palmas-lng-bunkering-in-usual-berth/): Spanish shipping company Baleària’s Mercedes Pinto fast ferry has completed an LNG bunkering first in the Port of Las Palmas. As previously reported by ship.energy, the vessel, which joined the company’s fleet in May, was first bunkered with LNG at the Canary Islands port last month in a truck-to-ship operation. However, in a social media
- [Port of Antwerp-Bruges posts 2.4% drop in H1 cargo handling](https://ship.energy/policy/port-of-antwerp-bruges-posts-2-4-drop-in-h1-cargo-handling/): During the first six months of the year, the Port of Antwerp-Bruges handled 133.9 million tonnes of maritime cargo, a decline of 2.4% compared with the same period in 2025. In a statement issued today (16 July), the Belgian port authority, pointing to a backdrop of ‘geopolitical tensions, trade conflicts, exceptional operational disruptions, and a
- [STX Group upsizes environmental commodities credit facility to €310 million](https://ship.energy/information/stx-group-upsizes-environmental-commodities-credit-facility-to-e310-million/): Global environmental commodities trading and climate finance firm STX Group has announced the refinancing and upsizing of its syndicated borrowing base facility to €310 million. In a statement sent to ship.energy today (16 July), STX Group said that the refinancing was supported by both existing and new banking partners and has an initial tenor of
- [QatarEnergy’s latest dual-fuel LNG carrier named in South Korea](https://ship.energy/information/qatarenergys-latest-dual-fuel-lng-carrier-named-in-south-korea/): A naming ceremony was held on Tuesday (14 July) at a HD Hyundai Heavy Industries Co. for the HALWAN, a 174,000 cubic metre (cbm) LNG carrier for QatarEnergy. The vessel is the ninth in a series of 12 LNG vessels that are being built for QatarEnergy by a joint venture comprising “K” LINE, Nippon Yusen Kabushiki Kaisha, China LNG
- [Fujairah bunker sales down again](https://ship.energy/energy/fujairah-bunker-sales-down-again/): With the tensions in the Middle East showing no signs of easing, marine fuel sales in Fujairah have continued to fall, as June’s total was down more than 10% on the previous month. According to statistics from S&P Global Commodity Insights in collaboration with the Fujairah Oil Industry Zone (FOIZ) and the Port of Fujairah,
- [Genevos and Koedood Marine Group to collaborate on maritime hydrogen fuel cell deployment ](https://ship.energy/energy/genevos-and-koedood-marine-group-to-collaborate-on-maritime-hydrogen-fuel-cell-deployment/): France’s Genevos and Netherlands-based Koedood Marine Group have signed a letter of intent (LOI) to explore the deployment of hydrogen fuel cell systems for inland and coastal maritime transport. The LOI was signed by Phil Sharp, co-founder and CTO of Genevos, and Toon Muhlheim, Business Development Director of Koedood Marine Group during the Advanced Maritime
- [Shell takes FID on Bahamas LNG regasification terminal](https://ship.energy/energy/shell-takes-fid-on-bahamas-lng-regasification-terminal/): Shell Bahamas Power Company (Shell) has taken a final investment decision (FID) on an LNG regasification terminal in The Bahamas. As part of the investment decision, the energy major has acquired a 40% interest in New Providence Gas Ltd. (NPG), a joint venture with Sun Oil Holdings (Sun Oil), a subsidiary of FOCOL Holdings Limited.
- [New methanol bunkering alliance launched in China](https://ship.energy/energy/new-methanol-bunkering-alliance-launched-in-china/): The China Academy of Waterborne Transport Research together with China’s Ministry of Transport and China Communications News have jointly launched the new Methanol Fuel Shipping Supply Chain Innovation Alliance. The official launch of the new alliance was held on Saturday (11 July) at the main event of the 2026 China Maritime Day celebrations. According to an official
- [Bunge Global to supply soybean oil to Acelen for biofuel production](https://ship.energy/energy/bunge-global-to-supply-soybean-oil-to-acelen-for-biofuel-production/): US grain trader Bunge Global SA has agreed to supply 300,000 metric tonnes of certified soybean oil annually to Acelen Renewables for the production of over 1 million metric tonnes of renewable diesel (hydrotreated vegetable oil) and sustainable aviation fuel (SAF) at Acelen’s planned biorefinery in the state of Bahia in Brazil. Acelen, launched by
- [Trafigura set to supply feedstocks and acquire products from Acelen’s new Brazilian biorefinery](https://ship.energy/energy/alfa-laval-supplying-hvo-pre-treatment-tech-to-acelens-new-brazilian-biorefinery/): Global commodity trader Trafigura has agreed to supply used cook oil (UCO) as a feedstock for a new biorefinery that Acelen is building in the Brazilian state of Bahia. Trafigura has also agreed to acquire some of the renewable fuels - such as hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF) - produced at
- [Samskip hopes HyShip project will help ‘make hydrogen-powered shipping scalable across Europe’](https://ship.energy/energy/samskip-hopes-hyship-project-will-help-make-hydrogen-powered-shipping-scalable-across-europe/): In a statement sent to ship.energy this morning, Samskip’s Head of Newbuilding & Projects, Jeroen Hollebrands, says that the shipping company hopes its recently-announced collaboration with partners in the HyShip project will ‘help develop the liquid hydrogen supply chain, bunkering infrastructure and operational knowledge needed to make hydrogen-powered shipping scalable across Europe’. As previously reported,
- [CMT’s onboard testing kit rollout reaches 300 vessels](https://ship.energy/technology/cmts-onboard-testing-kit-rollout-reaches-300-vessels/): Germany’s CM Technologies (CMT) has announced it has supplied its integrated onboard fuel/oil testing and analysis kits to a fleet of 300 containerships and bulk carriers managed by a German ship management company. In a statement issued on Monday (13 July), CMT said that the fleet-wide rollout, implemented progressively over the past decade, has established
- [Shipping traffic disrupted at Port of Antwerp due to acid leak](https://ship.energy/information/shipping-traffic-disrupted-at-port-of-antwerp-due-to-acid-leak/): Vessel movements remain suspended in the Deurganck Dock area of the Port of Antwerp following a leak of hydrofluoric acid yesterday (14 July) from a damaged container aboard the cargo vessel Mia Summer II. According to the Port of Antwerp, a number of people became unwell after the incident and were transferred to hospital. As
- [Maersk scales up 100% ethanol bunker trials in Barcelona](https://ship.energy/energy/maersk-scales-up-100-ethanol-bunker-trials-in-barcelona/): Maersk has announced that its 16,592 TEU (twenty-foot equivalent unit) Antonia Maersk was bunkered with 100% ethanol in Barcelona last week. The operation, which took place last Thursday (9 July) at APM Terminals, follows 100% ethanol trials on the company’s first methanol dual-fuel vessel, the 2,100 TEU feeder container ship, Laura Maersk. ‘Drawing on our experience with methanol, we are
- [Cavotec secures another shore power order](https://ship.energy/technology/cavotec-secures-another-shore-power-order/): Cavotec has announced today (15 July) that it has signed another order to supply shore power systems to a global shipping company. This latest order – valued at €8 million – includes Cavotec's PowerAMPReel shipboard shore power systems together with associated equipment and services for newbuild container ships. Cavotec did not disclose the name of
- [Toll charges for Strait of Hormuz transits ‘would be fundamentally wrong’, says Hapag-Lloyd CEO](https://ship.energy/information/toll-charges-for-strait-of-hormuz-transits-would-be-fundamentally-wrong-says-hapag-lloyd-ceo/): As US President Trump sets out his proposition to levy a U.S. 20% security fee on cargo moved through the Strait of Hormuz, Rolf Habben Jansen, Hapag-Lloyd’s CEO, has stated that ‘it would be fundamentally wrong to charge tolls for passage through international waters.’ As reported by ship.energy, yesterday (13 July) the U.S. President gave
- [ZIM Line and MSC add JAXPORT call to weekly Asia container service](https://ship.energy/energy/zim-line-and-msc-add-jaxport-call-to-weekly-asia-container-service/): Ocean carriers ZIM Line and Mediterranean Shipping Company (MSC) have added the Port of Jacksonville to their weekly ZCP-Amberjack schedule, and the LNG dual fuelled vessels deployed on the service will be able to bunker LNG at Florida’s largest container port by volume. ZIM’s Sapphire was the first vessel to call at Jacksonville as part
- [Iranian strikes against commercial shipping intensify as U.S. readies to resume ports blockade](https://ship.energy/information/iranian-strikes-against-commercial-shipping-intensify-as-u-s-readies-to-resume-ports-blockade/): Three tankers were hit by projectiles off Oman’s coastline in the Strait of Hormuz yesterday (13 July), while, following direction from U.S. President Trump, U.S. Central Command (CENTCOM) is now preparing to reinstate the U.S. blockade of Iranian ports at 4.00 pm ET today. The first U.S. blockade was put in place between 13 April
- [Svitzer tug bunkered with HVO 100 in a port first for DP World's London Gateway](https://ship.energy/information/svitzer-tug-bunkered-with-hvo-100-in-a-port-first-for-dp-worlds-london-gateway/): DP World, owner and operator of London Gateway, has announced the first bunkering of a tug vessel at the container terminal using 100% Hydrotreated Vegetable Oil (HVO 100). The 80-tonne bollard pull azimuth stern drive (ASD) tug Svitzer Thames is operated by Svitzer and has been handling some of the largest container vessels calling at
- [Bunker One delivers milestone bioethanol stem to CMA CGM boxship in Brazil](https://ship.energy/energy/bunker-one-delivers-milestone-bioethanol-stem-to-cma-cgm-boxship-in-brazil/): CMA CGM’s first 13,000 TEU (twenty-foot equivalent unit) tri-fuel certified engine containership, CMA CGM Iron, was supplied with bioethanol by a Bunker One barge at the Port of Santos on Sunday (12 July). In a statement issued today, Bunker One said the operation is believed to be the first bioethanol bunkering of a deep-sea container vessel
- [June bunker sales edge up in Singapore](https://ship.energy/energy/june-bunker-sales-edge-up-in-singapore/): The 4,669,100 metric tonnes (mt) of bunkers, including alternative marine fuels, sold in Singapore last month marked a 1.6% year-on-year (y-o-y) increase on the 4,594,700 mt sold in June 2025. Last month’s total was also 2.7% up on the 4,548,400 mt sold in May, data published by the Maritime and Port Authority of Singapore (MPA)
- [New FOBAS report flags growing operational risks associated with ISO-compliant bunker fuels](https://ship.energy/information/new-fobas-report-flags-growing-operational-risks-associated-with-iso-compliant-bunker-fuels/): Lloyd’s Register’s (LR) Fuel Oil Bunker Analysis and Advisory Service (FOBAS) report for the first half of 2026 indicates that some of the ‘most disruptive cases’ in terms of bunker quality involve fuels that conform to the ISO 8217 specification but show stability or compatibility issues, or contain non-conventional blend components, that are only detected
- [KR and HHI supporting South Korea’s Green Shipping Corridor plans with ammonia trials](https://ship.energy/information/kr-and-hhi-supporting-south-koreas-green-shipping-corridor-plans-with-ammonia-trials/): Korean Register (KR) has informed ship.energy that it is collaborating with HD Hyundai Heavy Industries (HHI) to establish a domestic operating environment for ammonia-fuelled vessels as part of the South Korean Ministry of Oceans and Fisheries’ Green Shipping Corridor Construction Support Project. HHI will be using data generated by a recent sea trial conducted with
- [Glander International Bunkering posts $2 billion turnover and EBT of $23.4 million](https://ship.energy/information/glander-international-bunkering-posts-2-billion-turnover-and-ebt-of-23-4-million/): The marine fuel supplier Glander International Bunkering has today (14 July) announced a turnover of nearly $2 billion and earnings before tax (EBT) of $23.4 million for the year ended 30 April 2026. This represented a drop in turnover but an increase in revenue, compared to respective figures of $3 billion and $22 million for
- [BIMCO flags up speed and consumption warranty mechanisms and storage issues in its new Biofuel Clause for Time Charter Parties](https://ship.energy/energy/bimco-flags-up-speed-and-consumption-warranty-mechanisms-and-storage-issues-in-its-new-biofuel-clause-for-time-charter-parties/): In a notice published on its website yesterday (13 July) setting out the key features of its new Biofuel Clause for Time Charter Parties, BIMCO has flagged up that ‘perhaps the most technically significant element’ is the subclause (j) – which addresses the adjustment of speed and consumption warranties and also deals with the practicalities
- [Everllence and WE Tech Solutions teaming up on maritime decarbonisation](https://ship.energy/technology/everllence-and-we-tech-solutions-teaming-up-on-maritime-decarbonisation/): Propulsion specialist Everllence and maritime energy company WE Tech Solutions have signed a Memorandum of Understanding (MoU) to explore cooperation in advancing maritime decarbonisation. In a statement issued today (14 July), Everllence said that the cooperation, which was signed during Posidonia last month, will focus on electrification and energy management solutions; retrofit projects supporting operational efficiency
- [Cavotec inks €7 million deal to retrofit boxships for shore power](https://ship.energy/technology/cavotec-inks-e7-million-deal-to-retrofit-boxships-for-shore-power/): Cavotec has announced that it has signed a €7 million order with an unnamed global container shipping company to retrofit more of its vessels for shore power. In a statement sent to ship.energy today (14 July), Cavotec said that the retrofitting work will be carried out while the vessels remain in operation, so as not
- [European Shipowners press for ‘permanent and fit-for-purpose’ ETS derogations](https://ship.energy/policy/european-shipowners-press-for-permanent-and-fit-for-purpose-ets-derogations/): Ahead of the European Commission’s imminent review of the EU Emissions Trading System (ETS), European Shipowners | ECSA are calling for ETS derogations for islands, ice-classed ships and outermost regions to be made permanent beyond the current 2030 cut-off date. According to the Associations, the derogations should also apply automatically, without relying on Member States
- [ADM completes its first global B100 biofuel trial voyage off Brazilian coast](https://ship.energy/information/adm-completes-first-global-b100-biofuel-trial-voyage-off-brazilian-coast/): Global agricultural commodities and processing company ADM group has announced that it has completed its first global B100 biofuel trial voyage aboard the bulk carrier Harvest Rain off the coast of Brazil. In a statement posted on LinkedIn, ADM said the trial ran for five days from 2-6 June. During that time, ADM said the
- [Peninsula supplies bioLNG to Royal Caribbean’s Legend of the Seas in Cádiz](https://ship.energy/energy/peninsula-supplies-biolng-to-royal-caribbeans-legend-of-the-seas-in-cadiz/): Peninsula’s delivery of bioLNG to Royal Caribbean Group’s newest Icon-class cruise ship, Legend of the Seas, marks the marine fuel supplier’s first bioLNG supply at the Spanish port of Cádiz. The company also noted that it has now supplied all three Icon-class vessels. Nacho de Miguel, Head of Alternative Fuels and Sustainability at Peninsula, commented:
- [Crew member missing after Cyprus-flagged container ship hit off northern Oman](https://ship.energy/information/crew-member-missing-after-cyprus-flagged-container-ship-hit-off-northern-oman/): Omani teams were involved in the rescue of 23 crew members from the Cyprus-flagged container ship GFS Galaxy after the vessel was attacked on 11 July at a position 4.4 nautical miles off the coast of Musandam Governorate in northern Oman. The incident was reported in a statement by Oman’s Maritime Security Centre on 12
- [Bunkering procurement platform Seascale Energy Hires Soo Yong Koo as Business Development Director](https://ship.energy/information/bunkering-procurement-platform-seascale-energy-hires-soo-yong-koo-as-business-development-director/): Bunkering procurement platform Seascale Energy has hired Soo Yong Koo as Business Development Director. Koo is based in Singapore and held the position of Director, Business Development & Bunkering Services at Cargill for a one-month period prior to joining Seascale Energy in July. She also held the position of Regional Bunker Sales Manager at Trafigura
- [Oilmar adds to Singapore trading department](https://ship.energy/energy/oilmar-adds-to-singapore-trading-department/): Shawn Ho has been appointed as Senior Manager, Business Development & Bunker Trading, at Oilmar’s Trading Department in Singapore. Ho has more than 15 years’ experience in the petroleum industry, including 11 years with Toyota Tsusho Petroleum. According to his LinkedIn profile, prior to joining Oilmar, Ho spent four years with Adani Global where he held the position
- [Lloyd’s List Intelligence launches Vessel Due Diligence workbench](https://ship.energy/information/lloyds-list-intelligence-launches-vessel-due-diligence-workbench/): Lloyd’s List Intelligence says that its new Vessel Due Diligence workbench – launched today (13 July) as an add-on module to its Seasearcher platform – will consolidate critical risk signals into a single operational view to help marine underwriters and vessel vetters to make ‘faster, more consistent, and defensible decisions at scale’. Nicola Marlin, Chief
- [MMMCZCS granted consultative status at IMO](https://ship.energy/information/mmmczcs-granted-consultative-status-at-imo/): The IMO Council has formally recognised the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) as an independent nongovernmental organisation at the International Maritime Organization (IMO). The Center was established six years ago, and in its announcement of its consultative status it acknowledged the role of its Knowledge Partner, the Royal Institution of Naval
- [New Lloyd’s Register campaign focuses on ageing feeder fleet](https://ship.energy/energy/new-lloyds-register-campaign-focuses-on-ageing-feeder-fleet/): Lloyd’s Register (LR) has launched its ‘Powering the next generation of feeder vessels’ initiative which will see it apply its classification, advisory and digital services in support of newbuild planning and retrofit strategies in the feeder vessel segment. Announcing the campaign, LR highlighted that this sector is under strain from ‘ageing assets, stricter emissions rules,
- [Moeve and Exolum secure financing for logistic hub that will support its Huelva biofuels plant](https://ship.energy/information/moeve-and-exolum-secure-financing-for-logistic-hub-that-will-support-its-huelva-biofuels-plant/): Spanish energy company Moeve and logistics services provider Exolum have secured financing from BBVA and Kutxabank to support the development of the Muelle Sur transport hub that is set to become one of the main gateways for feedstocks and products for Moeve’s nearby biofuels plant. In a statement issued last week, Moeve said that the
- [EIB providing €450 million financing for Austrian green hydrogen plant](https://ship.energy/energy/eib-providing-e450-million-financing-for-austrian-green-hydrogen-plant/): The European Investment Bank (EIB) is providing €450 million to the energy company OMV to build a large-scale green hydrogen production facility in Bruck an der Leitha in Lower Austria. In a statement sent to ship.energy today (13 July), the EIB said that the loan represents its largest-ever investment in Austria’s energy sector and covers
- [Steel cut on Carnival Cruise Line’s first LNG-fuelled Ace-class ship](https://ship.energy/energy/steel-cut-on-carnival-cruise-lines-first-lng-fuelled-ace-class-ship/): The steel cutting for Carnival Cruise Line’s first LNG-fuelled Ace-class ship, Carnival Destiny, has taken place at Fincantieri’s Monfalcone shipyard. The milestone occurred during a ceremony on Friday (10 July) marking 30 years of collaboration between the shipbuilder and Carnival Corporation. As previously reported by ship.energy, in 2024, Fincantieri and Carnival Corporation announced an order for three
- [Fincantieri to build LNG-fuelled trio for Carnival Cruise Line](https://ship.energy/information/fincantieri-to-build-lng-fuelled-trio-for-carnival-cruise-lines-2/): Carnival Corporation has announced an order for three new LNG-fuelled ships for its Carnival Cruise Line brand. Italian shipbuilder Fincantieri will build the 230,000 gross registered tonne vessels, which will be delivered in the summers of 2029, 2031 and 2033, respectively. With yesterday's (23 July) order, there have been five new ship orders for Carnival Cruise
- [Kongsberg Maritime buys Berg Propulsion](https://ship.energy/technology/kongsberg-maritime-buys-berg-propulsion/): Kongsberg Maritime has announced an agreement to acquire Berg Propulsion AB. In a statement issued yesterday (12 July), Norway-based Kongsberg Maritime said the move marks a strategic step to strengthen its propulsion portfolio. Financial details of the transaction were not disclosed, although the company said the acquisition is priced at ‘approximately the same EV/EBITDA level as
- [Kamarajar Port becomes India’s second major port with 18-metre draft capability](https://ship.energy/information/kamarajar-port-becomes-indias-second-major-port-with-18-metre-draft-capability/): With the completion of its latest dredging programme, Kamarajar Port has become India’s second major port with an operational draft of 18 metres (m), so it can handle fully laden Capesize vessels of up to 170,000 deadweight tonnes (DWT). In a statement issued last week, India’s Ministry of Ports, Shipping and Waterways said the port’s
- [MTF publishes new methanol safety guidelines](https://ship.energy/energy/mtf-publishes-news-methanol-safety-guidelines/): The Maritime Technologies Forum (MTF) has published new guidelines to support companies in developing and strengthening Safety Management Systems (SMS) for ships using methanol as fuel. Nick Brown, CEO of Lloyd’s Register, said: ‘While International Maritime Organization (IMO) regulatory discussions continue, many ship owners and operators are already moving ahead with alternative fuel retrofits and
- [Don’t treat ethanol and methanol as technically interchangeable, cautions Marmec CEO](https://ship.energy/energy/dont-treat-ethanol-and-methanol-as-technically-interchangeable-cautions-marmec-ceo/): With the International Maritime Organization’s (IMO) interim guidelines for methanol and ethanol as marine fuel currently under revision, the Brazilian maritime engineer and academic Luciana Suman has pointed that these fuels have different flammability characteristics, which will call for different safety measures. In a paper published via her LinkedIn page today (10 July), Suman –
- [Venture Energy and Sinopec HK team up for Hong Kong’s ‘largest single green methanol bunkering'](https://ship.energy/energy/venture-energy-and-sinopec-hk-team-up-for-hong-kongs-largest-single-green-methanol-bunkering/): The clean fuels subsidiary of Wah Kwong Maritime Transport (Wah Kwong), Venture Energy, has announced that it recently participated in the ‘largest single green methanol bunkering operation conducted in Hong Kong to date’. In a statement issued today (10 July), Venture Energy said it facilitated the supply of 1,000 tonnes of green methanol by the
- [NatPower Marine acquires Aqua superPower](https://ship.energy/technology/natpower-marine-acquires-aqua-superpower/): London-based NatPower Marine has announced it has signed a strategic agreement to acquire the Aqua superPower international charging network from marine electrification technologies and charging infrastructure provider, ATV Power. In a statement issued today (10 July), NatPower Marine said the acquisition aims to integrate Aqua superPower’s expertise and operational capability – the company currently represents
- [CMA CGM’s 24,000 TEU boxship bunkers first bio-LNG stem in Rotterdam](https://ship.energy/energy/cma-cgms-latest-24000-teu-boxship-bunkers-first-bio-lng-stem-in-rotterdam/): CMA CGM’s 24,000 TEU (twenty-foot equivalent unit) dual-fuel LNG newbuild, CMA CGM Notre Dame, has completed its first bio-LNG bunkering in Rotterdam. The 11,125 cubic metres (cbm) of bio-LNG delivered by TotalEnergies' 18,600 cbm-capacity LNG bunker vessel Gas Agility marks the largest ever bio-LNG bunkering for a CMA CGM vessel, the company said in a
- [TT-Line orders second battery-hybrid LNG RoPax](https://ship.energy/energy/tt-line-orders-second-battery-hybrid-lng-ropax/): Germany-based TT-Line has announced it has ordered another battery-hybrid LNG ferry. It marks the second ‘Green Ship 2.0’ ordered by the company following the contract it signed with China Merchants Jinling Shipyard in Nanjing in December. The RoPax will feature battery energy storage between 5.5 MWh and 10 MWh and is further expandable with additional
- [Samskip boxship becomes new demonstrator for HyShip project](https://ship.energy/energy/samskip-boxship-becomes-new-demonstrator-for-hyship-project/): Samskip has confirmed to ship.energy that its SeaShuttle container ship has become the new demonstrator in the EU-funded HyShip project, which aims to show how liquid hydrogen can be used for ‘zero-emission freight transport’. Sources at Samskip confirmed the company’s involvement in the project to ship.energy this morning (10 July), after the Norway-based innovation centre
- [First large-scale green methanol cargo loaded by VTTI Dalian to be used as marine fuel](https://ship.energy/energy/first-large-scale-green-methanol-cargo-loaded-by-vtti-dalian-to-be-used-as-marine-fuel/): VTTI Dalian has announced it has completed its first commercial vessel loading of large-scale green methanol. In a social media post issued yesterday (9 July), VTTI Dalian said the cargo will be supplied as marine fuel upon arrival in Shanghai. ‘This milestone reflects our continued commitment to enabling the energy transition,’ said Janice Kuan, Senior
- [Simms Showers LLP expands maritime law team](https://ship.energy/information/simms-showers-llp-expands-maritime-law-team/): Simms Showers LLP has informed ship.energy that Tom Brown and Joshua Keyser have joined its team of maritime lawyers. Brown has re-joined the team after serving as Senior Counsel, Aviation and Admiralty Section, with the U.S. Department of Justice (USDOJ). His experience includes dealing with major vessel collisions, aviation disasters, government contracts, cargo losses, charter
- [Norwegian Cruise Line Holdings using ZeroNorth’s Bunker Procurement Solution](https://ship.energy/technology/norwegian-cruise-line-holdings-using-zeronorths-bunker-procurement-solution/): Maritime tech provider ZeroNorth has informed ship.energy that Norwegian Cruise Line Holdings will be using its Bunker Procurement Solution. Lory Urdaneta, Senior Director Energy Strategy at Norwegian Cruise Line Holdings, said: ‘At Norwegian Cruise Line Holdings, we are committed to embracing innovative technologies that strengthen our operations and deliver long-term value. ‘Our partnership with ZeroNorth
- [Union Maritime secures $122 million financing from KfW IPEX-Bank for WAPS-equipped tankers](https://ship.energy/information/union-maritime-secures-122-million-financing-from-kfw-ipex-bank-for-waps-equipped-tankers/): UK-based shipowner Union Maritime has announced it has signed over $122 million of senior secured financings across two bilateral financing agreements with KfW IPEX-Bank. The financing supports both newbuild and recently delivered 18,500 DWT chemical tankers, including four vessels currently under construction and fitted with Finnish Norsepower rotor sails. ‘We are pleased to establish this
- [Rotterdam Harbour Master setting uniform requirements for port towage services providers](https://ship.energy/information/rotterdam-harbour-master-setting-uniform-requirements-for-port-towage-services-providers/): The Port of Rotterdam Authority has announced that the Harbour Master is now setting uniform requirements for providers of port towage services. In a statement issued today (10 July), the Port Authority said that the new permit will ‘establish one clear quality standard within the nautical chain in Rotterdam’ and be ‘a good addition to
- [TÜV SÜD America joins MBF](https://ship.energy/technology/tuv-sud-america-joins-mbf/): The testing, inspection, and certification (TIC) organisastion TÜV SÜD America Inc. has joined the Maritime Battery Forum (MBF). In a statement issued this week, the MBF said that TÜV SÜD has a global network of battery testing laboratories, located in Auburn Hills (USA), Newmarket (Canada), Garching (Germany), Guangdong (China), and Changzhou (China) and it has
- [VAROPreem completes acquisition of raw tall diesel producer Sunpine](https://ship.energy/energy/varopreem-completes-acquisition-of-raw-tall-diesel-producer-sunpine/): VAROPreem has completed the acquisition of a 100% interest in Sunpine, the world's largest raw tall oil biorefinery. Located in Piteå, Sweden, the 400,000 tonnes per year facility, produces renewable feedstock used to manufacture advanced biofuels including hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF). The acquisition, that sees the Sunpine renamed VAROPreem Sunpine, was
- [“K” Line subsidiary Daito to build second electric tugboat](https://ship.energy/technology/k-line-subsidiary-daito-to-build-second-electric-tugboat/): Daito Corporation (Daito) is to build a 260 gross ton-class electric tugboat, parent company Kawasaki Kisen Kaisha. (“K” Line) has announced. The vessel, ‘EV Tugboat No. 2’, will be Daito’s second electric tugboat, following the 199 gross ton-class electric tugboat, ‘EV Tugboat No. 1’, that was announced in 2024 and which is currently under construction. The latest
- [William Hogg moves on from Infospectrum](https://ship.energy/information/william-hogg-moves-on-from-infospectrum/): William Hogg, well-known in the shipping and marine fuels sectors as a counterparty risk and due diligence analyst, is leaving Infospectrum after some 26 years with the company. Hogg announced his departure via a social media post this week but gave no information about his future plans. He was one of the co-founders of Infospectrum,
- [Oilmar bolsters Singapore operations with new Marine Fuel Trader](https://ship.energy/energy/oilmar-bolsters-singapore-operations-with-new-marine-fuel-trader/): Dubai-headquartered Oilmar has announced the appointment of Marine Fuel Trader Steff Tan to its Trading Department in Singapore. Tan brings over nine years of experience in the maritime and bunker industry. According to her LinkedIn profile, prior to joining Oilmar, Tan was most recently Assistant Marketing Manager / Bunker Trader, at Singapore-based Energe Asia Pte Ltd.
- [Wallenius Wilhelmsen takes delivery of first methanol-ready Shaper Class vessel](https://ship.energy/energy/wallenius-wilhelmsen-takes-delivery-of-first-methanol-ready-shaper-class-vessel/): Wallenius Wilhelmsen has taken delivery of the Arctic Tern, the first vessel in its new, methanol-ready Shaper Class series. The vessel will be deployed through EUKOR Car Carriers, the jointly owned shipping line of Hyundai Motor Group and Wallenius Wilhelmsen. ‘As the first vessel in our new Shaper Class series, Arctic Tern reflects our commitment to investing in
- [Panama Canal and Port of Houston renew Strategic Cooperation Agreement](https://ship.energy/information/panama-canal-and-port-of-houston-renew-strategic-cooperation-agreement/): The Panama Canal Authority (ACP) and the Port of Houston have renewed the Mutual Cooperation Agreement which they first signed in 2003. In a statement issued yesterday (8 July), the ACP said that the renewal of this agreement ‘highlights the shared interest in boosting trade and underscores the Canal’s value as a global logistics hub’.
- [KPI OceanConnect attributes profits increase to investment in advisory skills and fuel-mix expertise](https://ship.energy/information/kpi-oceanconnect-attributes-profits-increase-to-investment-in-advisory-skills-and-fuel-mix-expertise/): As KPI OceanConnect today (9 July) announces revenues of $6.2 billion and earnings before tax of $10.9 million for the 2025/2026 financial year, CEO Dorthe Bendtsen tells ship.energy that the driving force behind the 21% increase in earnings before tax has been the firm’s ‘heavy investment’ to build up its expertise in ‘new fuels and
- [Svanehoj acquires Henri Systems Holland](https://ship.energy/energy/svanehoj-acquires-henri-systems-holland/): Marine pump and liquefied gas specialist Svanehoj has acquired Henri Systems Holland B.V., a designer and manufacturer of measurement and safety equipment for LNG and LPG vessels. The transaction, which closed on 1 July, marks Denmark-based Svanehoj’s second acquisition of the year following the acquisition of H&K Services B.V., a Dutch company specialising in the service and repair
- [Hapag-Lloyd set to use Hamburg shore power ‘whenever possible’](https://ship.energy/technology/hapag-lloyd-set-to-use-hamburg-shore-power-whenever-possible/): Container shipping giant Hapag-Lloyd has signed an agreement with the Hamburg Port Authority (HPA) under which it confirms that it will use the available onshore power supply (OPS) infrastructure ‘whenever possible’. In a statement issued today (9 July), Hapag-Lloyd said that the agreement applies to shore power supply at all the terminals in Hamburg. The
- [DRIFT Energy secures Commenda Capital financing framework for wind-powered hydrogen production vessels](https://ship.energy/energy/drift-energy-secures-commenda-capital-financing-framework-for-wind-powered-hydrogen-production-vessels/): Deep tech startup DRIFT Energy has announced it has entered into an exclusive strategic framework with Commenda Capital Partners to support the commercial deployment of at least 50 wind-powered hydrogen production vessels. In a statement issue yesterday (7 July), UK-based DRIFT Energy said the framework pairs its proprietary vessels, intellectual property and customer development with
- [Ricardo completes ammonia as marine fuel study](https://ship.energy/energy/ricardo-completes-ammonia-as-marine-fuel-study/): Global engineering firm Ricardo has completed a feasibility study into the use of ammonia as a future fuel for the maritime sector. The study was undertaken as part of the FASTMOVE (Feasibility of Ammonia 4-STroke Marine engines in Offshore Vessels) project, which, as previously reported by ship.energy, was undertaken in partnership with Brunel University of London and the Port of
- [136 vessels transited the Strait of Hormuz during short window of now paused evacuation plan](https://ship.energy/information/136-vessels-transited-the-strait-of-hormuz-during-short-window-of-now-paused-evacuation-plan/): Addressing the IMO Council today (8 July), the IMO Secretary-General Arsenio Dominguez said that 136 vessels and a total of 2,900 seafarers had been able to leave the Strait of Hormuz as a result of the large-scale evacuation plan which was announced on 23 June but then suspended on 25 June following the Iranian attack
- [Seaspan and Maersk targeting energy efficiency of time-chartered fleet](https://ship.energy/technology/seaspan-and-maersk-targeting-energy-efficiency-of-time-chartered-fleet/): Seaspan Corporation has announced a deepened strategic collaboration with container shipping company A.P. Moller – Maersk (Maersk) focused on boosting the efficiency of its time-chartered fleet. In a statement issued today (8 July), Seaspan said the advancement of a comprehensive vessel efficiency programme across 18 vessels on long-term charter to Maersk is aimed at ‘unlocking measurable gains
- [Island Oil acquires two oil tankers](https://ship.energy/information/island-oil-acquires-two-oil-tankers/): Marine fuel supplier Island Oil has announced that it has acquired two oil tankers, the Island Polaris and Island Horizon. In a statement sent to ship.energy today (8 July), Island Oil said that the acquisitions are part of its plans to meet ‘the growing demand for marine fuel transportation across the Mediterranean and Black Sea’.
- [U.S. revokes temporary Iran oil sanctions waiver](https://ship.energy/information/us-revokes-temporary-iran-oil-sanctions-waiver/): The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has announced the revocation of the country’s waiver of its sanctions against Iranian crude oil and petrochemical exports with effect from 7 July, and any transactions currently underway as a result of the waiver must be completed by 17 July. As previously reported by ship.energy, the
- [U.S. issues temporary waiver of its oil sanctions against Iran](https://ship.energy/information/u-s-issues-temporary-waiver-of-its-oil-sanctions-against-iran/): The US Treasury’s Office of Foreign Assets Control (OFAC) has announced the temporary lifting of the country’s sanctions against Iran relating to the export of crude oil, petrochemicals and petroleum products of Iranian origin. The waiver extends to 21 August this year and, among other things, it will enable the bunkering of vessels carrying such
- [Molslinjen’s battery-electric ferry reaches construction milestone](https://ship.energy/technology/molslinjens-battery-electric-ferry-reaches-construction-milestone/): Tasmanian shipbuilder Incat has marked a construction milestone in its electric ferry programme for Danish operator Molslinjen, completing the rollback of Hull 102 at its Prince of Wales Bay shipyard. The rollback represents a significant step forward in the construction of the 129-metre battery-electric ferry and will allow for the installation of the vessel’s passenger
- [€2 million funding programme looking to accelerate electrification in Italian marinas](https://ship.energy/technology/e2-million-funding-programme-looking-to-accelerate-electrification-in-italian-marinas/): Fast charging infrastructure specialist Aqua superPower has announced that it has supported Italy’s Region of Friuli Venezia Giulia in the implementation of a €2 million funding programme designed to accelerate innovation, sustainability and electrification across the region's marinas. In a statement issued yesterday (7 July), Aqua superPower said that the first project to be completed
- [Berge Bulk report reveals dry bulk fleet is exceeding IMO carbon intensity goals, but scope one emissions rise](https://ship.energy/information/berge-bulk-report-reveals-dry-bulk-fleet-is-exceeding-imo-carbon-intensity-goals-but-scope-one-emissions-rise/): Annual emissions disclosures released yesterday (7 July) by Berge Bulk as part of the dry bulk operator’s Responsible Business Report 2025 have shown the group’s fleet is outperforming against the International Maritime Organization's (IMO) 2030 carbon emissions intensity reduction targets. However, this overcompliance comes amid a rise in Berge Bulk’s direct (scope 1) emissions, which
- [Peninsula and Itochu launch JV aimed at driving ammonia bunkering in Europe](https://ship.energy/information/peninsula-and-itochu-launch-jv-aimed-at-driving-ammonia-bunkering-in-europe/): Marine energy supplier Peninsula has announced the establishment of a joint venture (JV) with Japanese conglomerate ITOCHU Corporation aimed at accelerating the development of ammonia marine fuel bunkering in Europe. In a statement sent to ship.energy today (8 July), Peninsula said the new venture, I&P Marine Ammonia Ltd (IPMA), will have an initial focus on
- [Verde Marine Energy and Eleven Energy announce strategic collaboration](https://ship.energy/energy/verde-marine-energy-and-eleven-energy-announce-strategic-collaboration/): Rotterdam-headquartered Verde Marine Energy and Saudi-based bunkering company Eleven Energy have announced a strategic collaboration that will see the companies combine their complementary strengths and expertise across the global marine energy sector. In a joint statement issued today (8 July), the companies said that by leveraging each other’s expertise, resources and market reach, they aim
- [NYK names new dual-fuel LPG carrier Lyla Pathfinder](https://ship.energy/information/nyk-names-new-dual-fuel-lpg-carrier-lyla-pathfinder/): Japan’s NYK has announced that a naming ceremony took place yesterday (7 July) at the Sakaide Works of Kawasaki Heavy Industries Ltd. for the very large gas carrier (VLGC) Lyla Pathfinder that will be capable of running on both LPG and conventional heavy fuel oil. In a statement issued today, NYK said that: ‘By utilising
- [Disney Cruise Line joins Methanol Institute](https://ship.energy/energy/disney-cruise-line-joins-methanol-institute/): Disney Cruise Line has become the newest member of the Methanol Institute. In a social media post today (7 July), the trade association said the cruise line had ‘long set the standard for innovation in the cruise industry’ and highlighted that the company - which has also invested in LNG-fuelled tonnage through its ‘Wish-Class’ series - is
- [New Senior Bunker Trader to lead Burando Energies’ Latin American expansion](https://ship.energy/energy/new-senior-bunker-trader-to-lead-burando-energies-latin-american-expansion/): Marine fuels supplier Burando Energies has appointed Paola Prieto as Senior Bunker Trader. In her new role, Prieto will lead Burando Energies’ expansion and commercial efforts in the Latin American market, the company said in a social media post yesterday (6 July). Prieto brings eight years of industry experience to the role. According to her
- [New Enova report finds Norway’s maritime industry will miss 2050 zero emissions target unless energy transition pace accelerates](https://ship.energy/information/new-enova-report-finds-norways-maritime-industry-will-miss-2050-zero-emissions-target-unless-energy-transition-pace-accelerates/): A new report from Norwegian state funding enterprise Enova shows that if the country’s maritime decarbonisation transition continues at its current pace, the sector will not reach zero emissions by 2050. The 2026 Market Status and Outlook for Norway's Climate and Energy Transition, which was translated by ship.energy, says the 2050 target could be missed
- [Dan-Bunkering turns in ‘strong’ performance in 2025/26](https://ship.energy/information/dan-bunkering-turns-in-strong-performance-in-2025-26/): Dan-Bunkering achieved a revenue of $3.1 billion in 2025/26 with bunker volumes increasing by over 5% year-on-year and orders for alternative marine fuels growing by some 50% over the course of the financial year. Revenue for FY2 2025/26 was significantly higher than the $969 million posted in the previous financial year, while earnings before tax
- [Maximum draft for vessels transiting Panama Canal’s Neopanamax locks dropping to 49 feet](https://ship.energy/information/maximum-draft-for-vessels-transiting-panama-canals-neopanamax-locks-dropping-to-49-feet/): The Panama Canal Authority (ACP) is introducing further reductions to the maximum authorised draft for vessels transiting the waterway’s Neopanamax locks. In a statement issued last week, the ACP announced that the draft restriction for Neopanamax locks will be dropped to 14.94 metres (49.0 feet) on 24 July, and reduced further to 14.78 metres (48.5
- [Russian court reported to have ordered seizure of Transbunker’s assets](https://ship.energy/information/russian-court-reported-to-have-ordered-seizure-of-transbunkers-assets/): A court in Moscow is reported to have ruled that the assets of Russia’s largest bunker supplier, Transbunker, should be seized and control of the company ceded to the state. According to The Moscow Times, the court verdict was handed down yesterday (6 July), following a lawsuit filed by Russia's Prosecutor General's Office in April.
- [Tanker struck by projectile off Oman](https://ship.energy/information/tanker-struck-by-projectile-off-oman/): The UK Maritime Trade Operation Centre (UKMTO) has reported that a tanker was hit by a projectile yesterday (6 July) at a position some eight nautical miles east of Limah, Oman, while local media outlets have identified the vessel as a Qatari state-owned LNG tanker, the Al Rekayyat. According to the UKMTO, the vessel was
- [Foreship unveils energy-efficient ferry design for the Greek market](https://ship.energy/technology/foreship-unveils-energy-efficient-ferry-design-for-the-greek-market/): Ship design and engineering company Foreship has developed a new energy-efficient ferry concept tailored to the specific operational and economic requirements of the Greek domestic market. In a statement sent to ship.energy today (7 July), Foreship, which as previously reported by ship.energy was acquired by class society RINA last year, highlighted that Greece’s ferry network is
- [New European association aims to ‘create greater opportunities for women across every area of the maritime sector’](https://ship.energy/information/new-european-association-aims-to-create-greater-opportunities-for-women-across-every-area-of-the-maritime-sector/): The Women in Maritime Association (WIMA) Europe, which was officially launched in Batumi, Georgia last month, is looking to ‘bring together professionals, educators, industry leaders, and institutions with a shared vision of strengthening the role of women throughout the maritime sector across Europe’. Established under International Maritime Organization (IMO) Women in Maritime Programme, WIMA (Europe) will
- [WMU and MPA renew commitment to maritime education, manpower development](https://ship.energy/information/wmu-and-mpa-renew-commitment-to-maritime-education-manpower-development/): The World Maritime University (WMU) and Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MOU) reaffirming their commitment to nurturing and developing maritime leaders and contributing to capacity development for the international maritime community. The MoU was signed by Ang Wee Keong, Chief Executive of MPA, and Maximo Q. Mejia,
- [Wärtsilä supplying ‘fuel-flexible’ engines for Grimaldi Group newbuilds](https://ship.energy/energy/wartsila-supplying-fuel-flexible-engines-for-grimaldi-group-newbuilds/): Wärtsilä will be supplying engines and propulsion solutions for nine newbuild ferry vessels under construction for Grimaldi Group fleets at the China Merchants Shipbuilding Industry Group Weihai Shipyard. In a statement sent to ship.energy today (7 July), Wärtsilä said that four of the vessels will be operating for Grimaldi Lines, three for Finnlines and two
- [Capital Ship Management takes delivery of methanol-ready crude oil tanker](https://ship.energy/energy/capital-ship-management-takes-delivery-of-methanol-ready-crude-oil-tanker/): Capital Ship Management Corp. has announced it recently took delivery of the methanol-ready 157,000 DWT Suezmax crude oil tanker, M/T Archigos. Built by HD Hyundai Samho Shipyard, South Korea, the vessel is one of two sister vessels scheduled to be delivered to the Greek operator in 2026. The vessel, which was classed by Lloyd’s Register, features an optimised hull and advanced
- [Grimaldi presents ammonia-ready PCTC Grande Istanbul in Türkiye](https://ship.energy/energy/grimaldi-presents-ammonia-ready-pctc-grande-istanbul-in-turkiye/): Italy’s Grimaldi Group last week presented its ‘ammonia-ready’ pure car and truck carrier Grande Istanbul in Türkiye. The vessel, which is one of 17 ammonia-ready PCTCs that Grimaldi is adding to its fleet, was presented at a ceremony held on Thursday (3 July) at Autoport, the automotive terminal located in the port complex of Kocaeli. The Grande
- [ES | ECSA: EU ETS Directive review should mandate Member States to use some ETS revenues for shipping’s decarbonisation](https://ship.energy/information/es-ecsa-eu-ets-directive-review-should-mandate-member-states-to-use-some-ets-revenues-for-shippings-decarbonisation/): European Shipowners | ECSA, which is pressing for the European Commission’s upcoming review of the EU Emissions Trading System (ETS) to compel EU Member States to allocate a portion of their EU ETS revenues to sustainable fuels' development, has published a study which estimates the contribution of shipping’s ETS revenues to the national budgets of
- [‘World’s largest e-methanol reactor’ delivered to Jilin Province production facility](https://ship.energy/energy/worlds-largest-e-methanol-reactor-delivered-to-jilin-province-production-facility/): Carbon Recycling International (CRI) has announced that it recently delivered ‘the largest of its kind e-methanol reactor’ to the Liaoyuan E-Methanol Project in Jilin Province, China. In a statement issued last week, CRI said that the Liaoyuan plant is being developed by the Tianying Group (CNTY) and once commissioned will become ‘the largest e-methanol facilities
- [Monjasa bunker vessel returns to U.S Gulf following first drydock in Bahamas](https://ship.energy/energy/monjasa-bunker-vessel-returns-to-u-s-gulf-following-first-drydock-in-bahamas/): Monjasa has confirmed that its Panama-flagged Monjasa Thunder bunker vessel has returned to the U.S. Gulf following the Danish bunker company’s first ever drydocking in the Bahamas. This scheduled drydock campaign was completed in close collaboration with Montec and involved everything from main engine and auxiliary engine overhauls, propeller blades maintenance, full recoating of hull and painting according
- [Crew competence must keep up with alternative-fuelled vessel investment in Asia, warns Swedish Club](https://ship.energy/information/crew-competence-must-keep-up-with-alternative-fuelled-vessel-investment-in-asia-warns-swedish-club/): A ‘rapid investment’ in alternative-fuelled vessels in Asia must be matched by greater investment in crew competence if the industry is to realise the safety benefits of next-generation ships, The Swedish Club has warned. In a statement issued on Friday (3 July), the Club highlighted that the move towards new vessel types is placing greater
- [Yara acquires Gulf Coast Ammonia’s Texas City production plant](https://ship.energy/information/yara-acquires-gulf-coast-ammonias-texas-city-production-plant/): Yara North America has reached an agreement to acquire Gulf Coast Ammonia’s (GCA) ammonia production facility in Texas City, Texas for $1.3 billion. In a statement issued on Thursday (2 July), Yara said that the acquisition includes the ammonia synthesis loop and related ammonia storage and exclusive use of loading infrastructure. The hydrogen and nitrogen
- [Environmental NGOs team up to launch legal coalition](https://ship.energy/information/environmental-ngos-team-up-to-launch-legal-coalition/): A group of environmental NGOs have launched a new coalition which aims to ‘defend Europe's seas through the courts’ In a statement issued today (6 July), the MPA Legal Coalition said that its activities will include ‘calling on the European Commission to take infringement action against several Member States currently failing to comply with their
- [India’s Paradip Port Authority teaming up with Mitsubishi Gas Chemical to explore port's ‘vast’ green energy potential](https://ship.energy/energy/indias-paradip-port-authority-teaming-up-with-mitsubishi-gas-chemical-to-explore-ports-vast-green-energy-potential/): Paradip Port Authority’s Chairman Shri P. L. Haranadh met with a delegation from Mitsubishi Gas Chemical last week to ‘explore Paradip's vast green energy export potential’. The meeting followed on from the signing of a ten-year agreement between Mitsubishi Gas Chemical and ACME Group for the supply of 100,000 tonnes of green methanol a year
- [VIDA bioenergy begins biomethane production at Bernheze facility](https://ship.energy/energy/vida-bioenergy-begins-biomethane-production-at-bernheze-facility/): VIDA bioenergy has announced the start-up of its Bernheze biomethane facility in the Netherlands, which will now ramp up production towards its full production capacity of 8 million cubic metres of biomethane per year. Bernheze is VIDA bioenergy’s second operational plant in the Netherlands and the third operating site across its portfolio. Located in one
- [ONE launches new weekly Mediterranean Africa schedule](https://ship.energy/information/one-launches-new-weekly-mediterranean-africa-schedule/): Ocean Network Express (ONE) is introducing its new Mediterranean Africa Express Service (MAX) which will operate on a rotation of Algeciras, Tangier, Dakar, Tema, Lekki, and Abidjan, then returning to Algeciras. The service will begin on 7 July and, according to ONE, it will offer its customers access to international markets through the company’s established
- [ADNOC’s new LNG marketing and trading platform signals ‘step-change in scale, flexibility and optionality’](https://ship.energy/information/adnocs-new-lng-marketing-and-trading-platform-signals-a-step-change-in-scale-flexibility-and-optionality/): Abu Dhabi’s state-owned energy group ADNOC has launched a new commercial platform which harnesses the activities of ADNOC Gas and XRG with ADNOC Trading. Announcing the development today (6 July), ADNOC said that the platform is targeting 47 million tonnes per annum (mtpa) of combined marketable LNG by 2035. Long-term LNG marketing will be centralised
- [EV Maritime clinches EPS integration contract for Australia’s first electric ferry fleet](https://ship.energy/energy/ev-maritime-clinches-eps-integration-contract-for-australias-first-electric-ferry-fleet/): Australian shipbuilder Echo Marine Group has contracted Auckland-based EV Maritime to be the electric propulsion systems integrator for five 25-metre battery-electric fast ferries being built for the Public Transport Authority of Western Australia (PTA). The vessels are part of the METRONET on Swan Ferry Service Expansion, which is the largest-ever expansion of Perth’s ferry network. Echo
- [Government’s shore power funding welcomed by Port of Québec](https://ship.energy/technology/governments-shore-power-funding-welcomed-by-port-of-quebec/): The Port of Québec has welcomed a Government of Québec announcement confirming $4 million (Canadian dollars) in financial support for the electrification of Wharf 30 and a further $1.1 million for Wharf 101 under its Maritime, air, and rail transport efficiency programme. At Wharf 30, which is dedicated to international cruises, shore power is expected to reduce the
- [OOCL’s first methanol dual-fuel boxship wraps up maiden green methanol bunkering](https://ship.energy/energy/oocls-first-methanol-dual-fuel-boxship-wraps-up-maiden-green-methanol-bunkering/): The OOCL Wisdom, Orient Overseas Container Line Ltd. (OOCL)'s first methanol dual-fuel containership, has completed its first green methanol bunkering and commenced its maiden voyage to Europe at Qingdao Port. As previously reported by ship.energy, the vessel, which was named in May, has a maximum capacity of 24,168 TEU (twenty-foot equivalent units), which according to Hong
- [Bunker Oil inks new framework agreement with Norwegian Defence Materiel Agency](https://ship.energy/energy/bunker-oil-inks-new-framework-agreement-with-norwegian-defence-materiel-agency/): Bunker Oil AS has announced it has signed a new four-year framework agreement with the Norwegian Defence Materiel Agency (Forsvarsmateriell) for the supply of marine fuel. In a social media post last week, Ålesund-headquartered Bunker Oil said the agreement covers vessels belonging to the Navy, the Coastal Hunter Command, the Coast Guard, the Governor of
- [ACME inks green fuels agreements with IHI and Mitsubishi](https://ship.energy/information/acme-inks-green-fuels-agreements-with-ihi-and-mitsubishi/): India-based ACME Group has signed strategic green ammonia and green methanol offtake agreements with respectively Japan's IHI Corporation and Mitsubishi Gas Chemical. In a notice posted on LinkedIn today (3 July), ACME said: ‘These collaborations reinforce our shared commitment to advancing clean energy, strengthening global decarbonisation efforts, and positioning India as a trusted supplier of
- [Echandia to supply battery systems for two new electric tugs in India](https://ship.energy/technology/echandia-to-supply-battery-systems-for-two-new-electric-tugs-in-india/): Stockholm-headquartered Echandia has been selected by Knowledge Marine & Engineering Works to supply battery systems for two fully electric tugs in India. The vessels, part of India’s Green Tug Transition Program which aims to reduce emissions from port operations and accelerate the transition from conventional diesel-powered harbour tugs to cleaner alternatives, will operate at Visakhapatnam
- [Gasum wins LNG fuel supply contract for Fjord1 ferries](https://ship.energy/energy/gasum-wins-lng-fuel-supply-contract-for-fjord1-ferries/): Nordic energy company Gasum has signed a long-term agreement with Norwegian ferry operator Fjord1 for the supply of LNG to four of its ferries operating on a daily route near Stavanger. The contract also includes supply to one back-up ferry when required. The ferries serve on the the daily Arsvågen–Mortavika route connecting Stavanger and Haugesund
- [H1 alternative-fuelled vessel orders fall 11.6% y-o-y](https://ship.energy/energy/h1-alternative-fuelled-vessel-orders-fall-11-6-y-o-y/): A total of 137 alternative-fuelled vessels were ordered in the first half of 2026 (H1), compared to 155 in the same period in 2025, according to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform. Over half of these (73) were for LNG-fuelled vessels, with most coming from the container (42) and car carrier
- [Eric Alström appointed CEO of Hempel](https://ship.energy/information/eric-alstrom-appointed-ceo-of-hempel/): Eric Alström has been appointed Group President & CEO of marine coatings specialist Hempel. Alström succeeds Michael Hansen, who, as previously reported by ship.energy, took over as President & CEO of shipping and logistics company DFDS on Wednesday (1 July). Alström, who boasts more than 30 years of international executive leadership experience, joins from Danfoss
- [Molgas secures TST LNG bunkering licence in Bilbao](https://ship.energy/energy/molgas-secures-tst-lng-bunkering-licence-in-bilbao/): Molgas Energy has announced that it has been awarded a 10-year licence to supply LNG bunkers by truck in the northern Spanish Port of Bilbao. In a social media post issued today (3 July), Molgas, which has already supplied LNG to ships in a range of ports in the country, said the new licence ‘strengthens
- [Marine Fuels Alliance now offering emissions calculator on its website](https://ship.energy/information/marine-fuels-alliance-now-offering-emissions-calculator-on-its-website/): Responding to requirements of the FuelEU Maritime (FEUM) regulations, the Marine Fuels Alliance (MFA) has informed ship.energy that TidalIQ is now providing an Emissions Calculator for its website, which will help users estimate vessel or fleet compliance positions, potential penalty exposure, pooling requirements and the indicative value of surplus compliance. In a notice posted on
- [Netherlands’ Rijkswaterstaat launches R&D phase for Power2Tow project](https://ship.energy/technology/netherlands-rijkswaterstaat-launches-rd-phase-for-power2tow-project/): The Netherlands-based agency Rijkswaterstaat has launched the research and development phase of the Power2Tow project focused on near-zero-emission (NZE) emergency response towing vessels. Three consortia will simultaneously develop new solutions for the NZE vessels along with the associated offshore and onshore charging infrastructure. The consortia selected for the research and development phase are: Kustkracht: KOTUG International
- [New CEO for Meyer Werft](https://ship.energy/information/new-ceo-for-meyer-werft/): André Walter has officially taken over as CEO of Meyer Werft. Walter succeeds Bernd Eikens, whose departure was announced at the end of last year. Walter joins Meyer Werft from European aerospace group Airbus, where he has served since 2022 as Chairman of the Management Board of Airbus Aerostructures GmbH and Airbus GmbH in Hamburg.
- [PortXchange becomes latest addition to Port of San Diego’s Blue Economy Incubator](https://ship.energy/technology/emissions-reduction/portxchange-becomes-latest-addition-to-port-of-san-diegos-blue-economy-incubator/): The Port of San Diego Board of Port Commissioners has approved PortXchange as a new Blue Economy Incubator (BEI) pilot project. Netherlands-based PortXchange’s EmissionInsider Carbon Insights Suite is an emissions and reporting platform providing real-time emissions intelligence that helps ports improve operational efficiency, reduce vessel emissions, and accelerate decarbonization through data-driven decision making. The Board of
- [LNG-fuelled CMA CGM Notre Dame named in Le Havre](https://ship.energy/energy/lng-fuelled-cma-cgm-notre-dame-named-in-le-havre/): France-based shipping giant CMA CGM yesterday (2 July) celebrated the naming ceremony in Le Havre, France of the CMA CGM Notre Dame, the first in a series of ten 24,000 TEU LNG-powered containerships that will be delivered over the next two years. Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, commented: ‘This
- [BV classes ‘LNG fuel-prepared’ Dynacom tanker](https://ship.energy/information/bv-classes-lng-fuel-prepared-dynacom-tanker/): Bureau Veritas Marine & Offshore (BV) has announced that it recently classed M/T MODI, a 73,500 DWT crude/product oil tanker built by New Times Shipbuilding (NTS) for Dynacom. In a statement issued today (3 July), BV said the vessel has been awarded BV's CLEANSHIP and GREEN PASSPORT EU class notations, which ‘reflect its commitment to environmental
- [Maiden voyage of methanol-, ammonia-ready ONE Solidarity](https://ship.energy/energy/maiden-voyage-of-methanol-ammonia-ready-one-solidarity/): Singapore-headquartered Ocean Network Express (ONE) has announced that the methanol- and ammonia-ready container vessel ONE Solidarity has completed its maiden voyage. The vessel, which arrived in Shekou, China, is one of the shipowner’s S-series of containerships. ‘Following the successful deployment of ONE Singapore and her sister vessels, ONE Solidarity will be deployed on the Mediterranean Pacific
- [Value Maritime inks commercial representation agreement with Hai Cheung China](https://ship.energy/technology/value-maritime-inks-commercial-representation-agreement-with-hai-cheung-china/): Netherlands-based Value Maritime has signed a commercial representation agreement with marine equipment supplier and service provider Hai Cheung China, appointing the company as its technical consultant and agent for the Chinese market. In a statement sent to ship.energy this morning (3 July), Value Maritime, whose emission reduction products include scrubbers capable of capturing carbon, said
- [BP appoints new EVPs for Supply, Trading & Shipping and People & Culture](https://ship.energy/information/bp-appoints-new-evps-for-supply-trading-shipping-and-people-culture/): Energy major BP has appointed Sam Skerry as EVP Supply, Trading & Shipping and Sonya Adams as EVP People & Culture. Skerry has almost 30 years’ experience at BP and most recently held the role of SVP Mergers & Acquisitions and Business Development. Sonya Adams has more than 25 years’ experience with the company and
- [Opportunity Green appoints new Director of Analytics](https://ship.energy/information/opportunity-green-appoints-new-director-of-analytics/): Climate change NGO Opportunity Green has appointed Dr Tom Grylls as its new Director of Analytics. Prior to joining Opportunity Green, Grylls headed up a programme at the Clean Air Fund focused on tackling climate super pollutants and also led the Clean Air Fund's global data portfolio, which aims to make air quality data more
- [UCL develops score-based framework to assess climate transition risk for individual vessels](https://ship.energy/information/ucl-develops-score-based-framework-to-assess-climate-transition-risk-for-individual-vessels/): Researchers at UCL’s Shipping and Oceans Research Group have created the Climate Resilience Framework which takes a ‘forward-looking’ approach to assessing a vessel’s climate transition risk in relation to a range of regulatory and market scenarios that could plausibly occur over the next decade. Introducing the new Framework, UCL highlights that financial assessments of a
- [TMC to deliver compressors to ten Central Group tankers](https://ship.energy/energy/tmc-to-deliver-compressors-to-ten-central-group-tankers/): TMC Compressors (TMC) has been contracted by Guangzhou Shipyard International (GSI) to deliver marine compressed air systems to ten medium range (MR) tankers that are being built for Central Group. Under the contract, TMC will supply a complete marine compressed air system, including service and control air compressors, to each of the ten 50,000 DWT
- [Everllence expands Augsburg training centre to boost support for alt.fuelled-engines](https://ship.energy/information/everllence-expands-augsburg-training-centre-to-boost-support-for-alt-fuelled-engines/): Everllence says that the expansion of its PrimeServ Academy in Augsburg, Germany has ‘nearly doubled the space for hands-on training and new technologies’. In a statement issued yesterday (1 July), Holger Gehring, the Head of PrimeServ Academy Augsburg, said: ‘The extended PrimeServ Academy now also places a special focus on our expanded engine portfolio, which
- [Delivery of methanol-ready bunker tanker Lucia Cosulich](https://ship.energy/energy/delivery-of-methanol-ready-bunker-tanker-lucia-cosulich/): Fratelli Cosulich Marine Energy has announced that the methanol-ready bunker tanker Lucia Cosulich was delivered today (2 July) at Taizhou Maple Leaf Shipyard in China. As previously reported by ship.energy, the 7,999 DWT Lucia Cosulich is the second of four sister methanol-ready IMO ll bunker vessels. The first in the series, Anna Cosulich, was delivered in May. ‘Designed to support the
- [Sentuo Oil Refinery set for capacity boost amid major investment plans for Ghana’s energy sector](https://ship.energy/energy/sentuo-oil-refinery-set-for-capacity-boost-amid-major-investment-plans-for-ghanas-energy-sector/): Speaking at a groundbreaking ceremony for an expansion unit that is set to boost the capacity of the Sentuo Oil Refinery in Tema from 40,000 barrels a day (b/d) to 100,000 b/d, Ghana’s President John Dramani Mahama announced that $3.5 billion in new commitments from ‘global energy giants’ will ‘reverse a six-year production slump’. President
- [Vopak completes acquisition of majority stake in BESS developer GES](https://ship.energy/technology/vopak-completes-acquisition-of-majority-stake-in-bess-developer-ges/): Tank storage company Royal Vopak has announced it has completed the acquisition of a majority stake in Netherlands-based battery energy storage systems (BESS) developer Green Energy Storage (GES). As previously reported by ship.energy, Vopak announced it had reached an agreement in principle for the acquisition in May. Additionally, Vopak has also confirmed that it has taken a
- [Grimaldi takes delivery of twelfth ammonia-ready car carrier](https://ship.energy/energy/grimaldi-takes-delivery-of-twelfth-ammonia-ready-car-carrier/): Italy’s Grimaldi Group has taken delivery of the Grande Oriente which was built by China Merchants Heavy Industries Jiangsu and is the Group’s twelfth ammonia-ready Pure Car & Truck Carrier (PCTC). The carrier’s sister vessels, Grande Shanghai, Grande Svezia, Grande Michigan and Grande Inghilterra, are already in service. The Grande Oriente has a maximum capacity
- [ICS Publications releases new edition of its guide on environmental protection and regulation](https://ship.energy/information/ics-publications-releases-new-edition-of-its-guide-on-environmental-protection-and-regulation/): ICS Publications has issued the sixth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’, which provides an overview of how shipping relates to environmental protection and global regulation. The guide provides an introduction to environmental requirements affecting shipping today, alongside developments expected in the years ahead. According to the publisher, it is
- [ABS reviews bound4blue methodology for Pwind value calculation](https://ship.energy/information/abs-reviews-bound4blue-methodology-for-pwind-value-calculation/): Wind propulsion company bound4blue says that a review by classification society ABS of its proprietary force matrix methodology for calculating Pwind values will ‘give shipowners added confidence when quantifying regulatory and financial benefits of eSAIL suction sails’. Pwind is the the calculated propulsive power made available from a wind-assisted propulsion (WAPS) system. bound4blue’s methodology combines
- [STAX Engineering secures $150 million financing to scale emissions capture tech](https://ship.energy/technology/stax-engineering-secures-150-million-financing-to-scale-emissions-capture-tech/): Emissions capture technology company STAX Engineering has announced a $150 million financing commitment from Bain Capital’s Private Capital Group. Announced yesterday (30 June), the new financing will fund contracted builds until 2027 and accelerate deployment of its technology to ensure tanker operators have access to service capacity ahead of the 1 January, 2027 tanker compliance
- [Mercuria and Eni establish energy trading JV](https://ship.energy/energy/mercuria-and-eni-establish-energy-trading-jv/): Commodities group Mercuria and energy company Eni have agreed to establish a jointly owned global energy trading venture. Owned equally by Mercuria and Eni, the joint venture (JV) will operate independently through a holding structure with its headquarters in Geneva and international trading hubs. The new venture will oversee selected commercialisation and trading activities across
- [MarineFifty set to invest up to €11 million in biofuel startup Kvasir Technologies](https://ship.energy/energy/marinefifty-set-to-invest-up-to-e11-million-in-biofuel-startup-kvasir-technologies/): Investment firm MarineFifty has announced its intention to invest in Denmark-based biofuel startup Kvasir Technologies. This follows the initial Series A financing round, announced by Kvasir Technologies last month, in which Kvasir raised €10 million from a mix of existing and new investors. In a statement issued today (1 July), MarineFifty said it intends to, subject
- [UK Environment Agency launches electric workboat on Thames](https://ship.energy/technology/uk-environment-agency-launches-electric-workboat-on-thames/): The UK’s Environment Agency has launched its first fully electric workboat, Blackwater Joule. The new vessel, which was launched at the Henley Royal Regatta this week, will be used for river enforcement and regular patrols to ensure all boats on the river are fully registered, as well as monitoring and maintenance along the non-tidal Thames. The
- [JERA positions its LNG and lower carbon fuels business ‘for next phase of growth’](https://ship.energy/information/jera-positions-its-lng-and-lower-carbon-fuels-business-for-next-phase-of-growth/): Japan’s largest power generation company JERA has set up a wholly owned, Singapore-based company, JERA Global Energy Solutions (JERA GES), which will develop and manage JERA’s long-term LNG, upstream, lower carbon fuels and shipping portfolio. Giving more details about the new company, JERA said that it will focus on building an LNG portfolio ‘that balances
- [Shenzhen Port Group and BV ink green shipping corridor agreement](https://ship.energy/information/shenzhen-port-group-and-bv-ink-green-shipping-corridor-agreement/): Shenzhen Port Group and Bureau Veritas Marine & Offshore (BV) have signed a strategic cooperation agreement to deepen their collaboration on the development of green shipping corridors and related businesses. In a statement issued yesterday (30 June), BV said that it will be offering ‘end-to-end testing, inspection and certification services covering the entire green fuel
- [MOL and IBM develop AI platform for vessel operations](https://ship.energy/information/mol-and-ibm-develop-ai-platform-for-vessel-operations/): Mitsui O.S.K. Lines (MOL) and IBM Japan have announced the joint development of an AI-powered platform that they say will ‘enhance decision making’ in vessel operations. The new platform, which has ‘gone live’ today (1 July), integrates the capabilities of MOL’s Safety Operation Supporting Center (SOSC) with AI technologies and expertise from MOL Information Technology
- [Lars Nielsen departs Baseblue](https://ship.energy/information/lars-nielsen-departs-baseblue/): Lars Nielsen, CEO of Baseblue, the marine fuel trader formed through the merger of BMS United Bunkers, Bunkernet, and SBI Bunkering, has left the company. Nielsen, who announced his departure via a social media post, took on the role of CEO at the time of the merger in 2023 after holding the position of Executive
- [STX backs Eurogas stance on liquefaction by equivalence](https://ship.energy/energy/stx-backs-eurogas-stance-on-liquefaction-by-equivalence/): Voicing its support for a statement issued earlier today (30 June) by Eurogas and more than 40 industry stakeholders regarding proposed changes to European fuel regulations, the environmental commodity trader STX has told ship.energy that: ‘Liquefaction by equivalence is currently the only way to deliver Bio-LNG and e-LNG at the scale required for shipping companies.’
- [ClassNK adds ‘world’s first’ notation to visualise GHG emissions from ship construction](https://ship.energy/information/classnk-adds-worlds-first-notation-to-visualise-ghg-emissions-from-ship-construction/): ClassNK says that its new ‘a‑EA (CFP)’ notation is a ‘world’s first’ that will provide a framework to make initiatives related to greenhouse gas (GHG) emissions during ship construction visible. In a statement issued yesterday (30 June), ClassNK said that the award of the notation will indicate that the carbon footprint (CFP) generated during ship
- [Nord Gas Solutions to supply LNG regasification system for Exmar FSRU project](https://ship.energy/energy/nord-gas-solutions-to-supply-lng-regasification-system-for-exmar-fsru-project/): Nord Gas Solutions has been awarded a contract to supply an LNG regasification system module to Exmar for the conversion of a Floating Storage Regasification Unit (FSRU) which will form part of the expansion of the EemsEnergyTerminal at Eemshaven in the Netherlands. The contract, announced today (1 July), was booked in Q2 this year. The
- [BIMCO asking members to ‘help shape a common standard for maritime emissions date reporting’](https://ship.energy/technology/bimco-asking-members-to-help-shape-a-common-standard-for-maritime-emissions-date-reporting/): BIMCO is inviting its members and industry stakeholders to provide feedback on the use of Operational Vessel Data (OVD) as a common standard for exchanging log abstract and noon report data for greenhouse gas (GHG) emissions reporting. In a statement issued yesterday (30 June), the shipping association said that its Tripartite Joint Industry Working Group is
- [WinGD supplying main engines for a dozen scrubber-equipped Dynacom VLCCs](https://ship.energy/technology/wingd-supplying-main-engines-for-a-dozen-scrubber-equipped-dynacom-vlccs/): WinGD has secured an order to supply main engines for a series of 12 very large crude carriers (VLCCs) being built at Hudong-Zhonghua Shipbuilding in China for Dynacom. In a statement sent to ship.energy today (1 July), WinGD said that the VLCCs will each be powered by a WinGD 6X82-2.0 low-speed engine and equipped with
- [Brittany Ferries takes ‘difficult decisions’ to recalibrate its finances](https://ship.energy/information/brittany-ferries-takes-difficult-decisions-to-recalibrate-its-finances/): Brittany Ferries will sell two ships and implement service changes to achieve a financial reset as the French company continues to feel the impact of Covid loan repayments and is now coping with a ‘rising tax burden’ in relation to shipping’s inclusion in the EU Emissions Trading System (ETS). Announcing the changes today, the ferry
- [AYK Energy lands deal with Grimaldi to supply batteries for nine Ro-Pax newbuilds](https://ship.energy/technology/ayk-energy-lands-deal-with-grimaldi-to-supply-batteries-for-nine-ro-pax-newbuilds/): Maritime battery manufacturer AYK Energy has announced it has sealed a deal with Grimaldi Group to supply its 2073kWh OrionAN batteries to nine Ro-Pax vessels being constructed for the group as part of its fleet renewal programme. The vessels are being built at China Merchants Jinling Shipyard (Weihai) and will be delivered from 2028 until 2030.
- [Proposed EU rule change threatens ‘key delivery pathway’ that connects biomethane production with maritime fuel demand, warn Eurogas and industry stakeholders](https://ship.energy/energy/proposed-eu-rule-change-threatens-key-delivery-pathway-that-connects-biomethane-production-with-maritime-fuel-demand-warn-eurogas-and-industry-stakeholders/): The gas industry association Eurogas and a group of 44 industry stakeholders have today (30 June) issued a statement in which they maintain that: ‘A proposed EU rule change could restrict “liquefaction by equivalence”, one of the principal pathways used today to supply bioLNG and eLNG to ships, putting at risk efforts to reduce emissions
- [Siemens Energy to build cold ironing infrastructure for Washington State Ferries vessels](https://ship.energy/technology/siemens-energy-to-build-cold-ironing-infrastructure-for-washington-state-ferries-vessels/): Siemens Energy has announced it has been awarded the systems integrator contract to support Washington State Ferries’ fleet electrification and decarbonisation strategy. Under the contract, Siemens Energy will provide engineering, systems integration, and electrical infrastructure expertise to support medium voltage shore power at WSF terminals, the company said in a statement sent to ship.energy. The
- [St1 Biokraft to acquire Danish Bio Commodities](https://ship.energy/energy/st1-biokraft-to-acquire-danish-bio-commodities/): St1 Biokraft has marked its expansion into Denmark with the signing of an agreement to acquire biogas and biomethane company, Danish Bio Commodities (DBC). The transaction adds more than 350 GWh of production capacity and approximately 900 GWh in the development pipeline, St1 Biokraft said in a statement today (30 June). ‘DBC brings an established
- [Selfinvest and USTC climb back to ‘solid’ profit after two challenging years](https://ship.energy/information/selfinvest-and-ustc-climb-back-to-solid-profit-after-two-challenging-years/): Selfinvest and United Shipping & Trading Co. (USTC), the parent of companies including Bunker Holding and Global Risk Management, have emerged after two difficult financial years to achieve the fourth-best result in the Group’s 150-year history, but, while acknowledging the turnaround, Nina Østergaard, Co-owner and CEO of USTC, has cautioned that: ‘We are not where
- [AD Ports and IRH teaming up on bunkering at Khalifa Port](https://ship.energy/energy/ad-ports-and-irh-teaming-up-on-bunkering-at-khalifa-port/): AD Ports Group has signed a Memorandum of Understanding (MoU) with IRH Global Trading to explore options for bunkering services and alternative marine fuels at Khalifa Port. In a statement issued today (30 June), AD Ports said the companies will look at ‘alternative fuel solutions such as LNG, biofuels and methanol’ and also explore ‘opportunities
- [Veson Nautical launches unified maritime platform](https://ship.energy/technology/veson-nautical-launches-unified-maritime-platform/): Veson Nautical says that its newly-launched Veson Platform brings together its IMOS, CoCaptain, Mail, Vessel Insights and Bunker Insights in a single, AI-powered interface. The company has built up its portfolio of maritime-related system over the past 20 years. Its Bunker Insights tool delivers daily bunker price predictions which it says are ‘powered by machine
- [Bureau Veritas in ‘exclusive negotiations’ to divest its fuel testing business](https://ship.energy/information/bureau-veritas-in-exclusive-negotiations-to-divest-its-fuel-testing-business/): Bureau Veritas has confirmed that it is in talks with the European private equity investment firm Triton Partners on the sale of its oil & petrochemicals and coal testing and inspection operations which, in 2025, generated around €450 million in revenue. The proposed sale is said to be in line with BV’s LEAP | 28
- [Maersk ups 2026 guidance on back of strong container demand](https://ship.energy/information/maersk-ups-2026-guidance-on-back-of-strong-container-demand/): A.P. Møller – Mærsk A/S has announced that, as a result of ‘continued strong demand in the container market, particularly in the Far East, and a recent sustained increase in spot market rates’ – it has upgraded its guidance for the full year 2026. In a statement issued yesterday (29 June), Maersk said that it
- [Shell: LNG bunkering demand to hit 27 million tonnes by 2035](https://ship.energy/energy/lng/shell-lng-bunkering-demand-to-hit-27-million-tonnes-by-2035/): LNG bunkering will grow seven-fold to 27 million tonnes by 2035, according to Shell’s LNG Outlook 2026. That figure, which represents more than the amount of LNG imported by India last year, is expected to reach 45 million tonnes by 2045, the energy major said today (30 June). This latest LNG Outlook is the tenth
- [DNV verifies Syroco’s methodology for estimating savings from its voyage optimisation platform](https://ship.energy/technology/dnv-verifies-syrocos-methodology-for-estimating-savings-from-its-voyage-optimisation-platform/): Syroco has announced that a review by DNV has confirmed that its methodology for estimating the fuel and time savings through the Syroco Live platform is consistent and transparent. In a statement sent to ship.energy today (30 June), Syroco said that the DNV review covered two of the platform's voyage operating modes: Just-In-Time-Arrival, which routes
- [Arkas Bunker: ‘Our biofuel infrastructure is ready, our products are ready’](https://ship.energy/energy/arkas-bunker-our-biofuel-infrastructure-is-ready-our-products-are-ready/): In the two years it has been involved in the supply of biofuel, Türkiye’s Arkas Bunker has supplied over 15,000 tons of fuel across 60 bunkering operations. In an update on its biofuel activities delivered at a recent Biofuels in Shipping seminar held in conjunction with DB Tarimsal Enerji in Istanbul, the company said that
- [Carnival completes Celebration Key pier extension](https://ship.energy/information/carnival-completes-celebration-key-pier-extension/): Carnival Corporation has completed the Celebration Key pier extension on Grand Bahama Island, which will enable the facility to handle four cruise ships simultaneously and welcome more than 13,000 guests a day. Celebration Key opened last year with two berths – and the two additional berths that have now been completed will enable roughly 200
- [Bunker company Heinrich Wegener & Sohn joins Global Ethanol Association](https://ship.energy/energy/bunker-company-heinrich-wegener-sohn-joins-global-ethanol-association/): Germany-based bunker and marine lubricants supplier Heinrich Wegener & Sohn Bunkergesellschaft M.b.H has become the latest member of the Global Ethanol Association. In a statement issued yesterday (29 June), the Global Ethanol Association, which, as previously reported by ship.energy, was launched last September, said the company brings ‘valuable expertise and industry leadership’ amid accelerating demand for
- [Methanex idling Trinidad and Tobago methanol plant indefinitely](https://ship.energy/information/methanex-idling-trinidad-and-tobago-methanol-plant-indefinitely/): Methanex Corporation has announced that it is to begin the process of indefinitely idling its 860,000 tonnes per year capacity Titan methanol plant in Trinidad and Tobago (T&T). In a statement issued yesterday (29 June), Vancouver-based Methanex said it had been unable to agree to a new natural gas contract. Titan’s existing natural gas contract
- [Hafnia chief Skov to step down](https://ship.energy/information/hafnia-chief-skov-to-step-down/): Tanker owner and operator Hafnia has announced that Mikael Skov has decided to step down as Chief Executive Officer (CEO). In a statement issued today (30 June), the company informed that the Board of Directors has appointed EVP, Head of Asset Management, Søren Steenberg Jensen, to succeed Skov as CEO. Skov, who has led Hafnia
- [NAPA to support performance analysis of SHI’s SAVER Wing](https://ship.energy/energy/napa-to-support-performance-analysis-of-shis-saver-wing/): NAPA has signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI) which will see the two companies jointly conduct performance analysis of vessels equipped with SHI’s SAVER Wing wind-assisted propulsion device. The MoU also outlines SHI’s aims to integrate the NAPA Voyage Optimization tool into its Samsung Autonomous Ship (SAS) platform, in order
- [Asyad Group and CMA CGM partner on new Port of Sohar terminal](https://ship.energy/information/asyad-group-and-cma-cgm-partner-on-new-port-of-sohar-terminal/): Asyad Group and CMA CGM have signed a framework agreement on the development of a $400 million new multipurpose logistics terminal at the Port of Sohar in Oman. The agreement was signed during an official visit of His Majesty Sultan Haitham bin Tarik to France. The proposed terminal will support advanced integrated logistics services and
- [Hanseatic Global Terminals set to acquire 20% stake in Eurogate Container Terminal Hamburg](https://ship.energy/policy/ports/hanseatic-global-terminals-set-to-acquire-20-stake-in-eurogate-container-terminal-hamburg/): Hanseatic Global Terminals (HGT) has signed a term sheet outlining the key conditions for an intended acquisition of a 20% stake in Eurogate Container Terminal Hamburg (CTH). In addition, HGT is also planning to increase the stake in the TC3 container terminal at the Moroccan port of Tangier from 10% to 20%, parent company Hapag-Lloyd
- [H2SITE raises over €42 million following latest funding round](https://ship.energy/information/h2site-raises-over-e42-million-following-latest-funding-round/): Bilbao-headquartered H2SITE, which has developed ammonia cracking systems that deliver hydrogen for use in fuel cells or engines, has completed a second closing of its Series B funding round, which included the participation of the EIC Fund, the venture capital investment arm of the European Innovation Council (EIC), together with a private investor. The new partners
- [ClassNK given go-ahead to perform surveys for French-flagged vessels](https://ship.energy/information/classnk-given-go-ahead-to-perform-surveys-for-french-flagged-vessels/): Tokyo-headquartered ClassNK has received authorisation from the French Government’s Directorate General for Maritime Affairs, Fisheries and Aquaculture to undertake surveys for French-flagged vessels. As a result, ClassNK is now able to carriy out statutory surveys and issue certificates for French-flagged vessels on behalf of the French Government, in accordance with the requirements of international conventions,
- [As EU ETS regulations tighten, EUAs could add up to 33% to bulkers’ fuel costs, finds new research paper](https://ship.energy/policy/as-eu-ets-regulations-tighten-euas-could-add-up-to-33-to-bulkers-fuel-costs-finds-new-research-paper/): In a newly published paper comparing the impacts of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII) and the European Union’s (EU) Emission Trading System (ETS), researchers from the University of Piraeus have said that the ETS ‘significantly increases costs, with the EUAs adding 11.5% to fuel costs for tankers and bulk carriers, and
- [HD KSOE develops high pressure pump for LNG-fuelled vessels](https://ship.energy/information/hd-ksoe-develops-high-pressure-pump-for-lng-fuelled-vessels/): HD Korea Shipbuilding & Offshore Engineering ( HD KSOE) held a ceremony in Jinhae, Gyeongnam today (29 June) to mark the award of final performance verification and type approval for its high-pressure pump for LNG-fuelled ships. The company said the production of a domestically produced pump was a milestone event as South Korea’s shipbuilding sector
- [JCMC to provide hull performance solutions for 125 COSCO SHIPPING vessels](https://ship.energy/technology/jcmc-to-provide-hull-performance-solutions-for-125-cosco-shipping-vessels/): Jotun COSCO Marine Coatings (JCMC) has signed a memorandum of cooperation with COSCO SHIPPING Bulk which covers 125 newbuild bulk carriers. The memorandum was signed during the Global Partners Conference held by COSCO SHIPPING (Hong Kong) Co. and COSCO Shipping (Hainan) Co. in Boao, Hainan on 26 June. Under the agreement, the vessels will receive
- [Mitsui E&S expanding ammonia fuel supply system facilities](https://ship.energy/energy/mitsui-es-expanding-ammonia-fuel-supply-system-facilities/): Japan’s Mitsui E&S Co. says it has decided to expand its ammonia fuel supply system facilities for land-based testing ‘in preparation for the projected growth in demand for marine engines fuelled by ammonia.’ In a statement issued today (29 June), Mitsui E&S said through the investment in the facility it aims to further develop and increase its
- [Yang Ming names 15,500 TEU boxship in Ulsan](https://ship.energy/information/yang-ming-names-15500-teu-boxship-in-ulsan/): Yang Ming Marine Transport Corp. (Yang Ming) held a naming ceremony on Friday (26 June) at the HD Hyundai Heavy Industries (HD HHI) shipyard in Ulsan, South Korea, for the YM Wayfinder. The vessel is the third in its series of 15,500 TEU (twenty-foot equivalent unit) class LNG dual-fuel container vessels built by HD HHI. As previously
- [Next Generation Shipping Act looking to boost U.S. investment in clean shipping technology and infrastructure](https://ship.energy/information/next-generation-shipping-act-looking-to-boost-u-s-investment-in-clean-shipping-technology-and-infrastructure/): Representatives Nanette Barragán and Troy A. Carter, Sr. together with Senator Chris Van Hollen have reintroduced their Next Generation Shipping Act, which they say will create a $1 billion per year programme through the U.S. Department of Transportation’s Maritime Administration (MARAD) to develop the next generation of clean shipping technology and infrastructure. In a statement issued
- [MGC and Gold Hydrogen to assess feasibility of South Australian green methanol project ](https://ship.energy/energy/mgc-and-gold-hydrogen-to-assess-feasibility-of-south-australian-green-methanol-project/): Mitsubishi Gas Chemical Company (MGC) has entered into a Memorandum of Understanding (MoU) with Gold Hydrogen to jointly assess the feasibility of green methanol production on the Yorke Peninsula in South Australia. Brisbane-headquartered Gold Hydrogen is advancing the Ramsay Project, which aims to pursue the commercial extraction of natural hydrogen and helium resources discovered underground
- [IMO Secretary-General looking for more information on ‘underlying reasons’ for Ever Lovely attack](https://ship.energy/information/imo-secretary-general-looking-for-more-information-on-underlying-reasons-for-ever-lovely-attack/): In an emailed response to questions from ship.energy following Friday’s briefing on the current status of the Strait of Hormuz evacuation programme, the International Maritime Organization (IMO) said that its Secretary-General Arsenio Dominguez is ‘continuing his exchanges with all parties involved in order to obtain more information on the underlying reasons for the attack [on
- [ABS awards SMART monitoring and preventative maintenance notation to GasLog LNG carrier](https://ship.energy/technology/abs-awards-smart-monitoring-and-preventative-maintenance-notation-to-gaslog-lng-carrier/): ABS has announced that a GasLog LNG carrier has become the first commercial vessel in the world to receive its SMART Machinery Health Monitoring (MHM) notation in combination with the ABS Preventative Maintenance Program (PMP). The SMART (MHM) notation, governed by the ABS Guide for Smart Functions for Marine Vessels and Offshore Units, confirms that
- [IMO Secretary-General gives update on paused Strait of Hormuz evacuation operation](https://ship.energy/information/imo-secretary-general-gives-update-on-paused-strait-of-hormuz-evacuation-operation/): The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, is seeking guarantees that there will be no further attacks on vessels, like the one involving the Ever Lovely cargo ship yesterday, before an evacuation operation in the Strait of Hormuz can resume. As previously reported by ship.energy, earlier this week, the Secretary-General announced plans for a ‘large-scale
- [Safe Bulkers launches its first methanol dual-fuel bulk carrier](https://ship.energy/energy/safe-bulkers-launches-its-first-methanol-dual-fuel-bulk-carrier/): Safe Bulkers, has announced that its first methanol dual‑fuel bulk carrier, the TBN KYPROS ISLAND, was launched yesterday (25 June) at the Tsuneishi shipyard on Xiushan Island in the Zhoushan region of China. In a statement posted on LinkedIn today, Safe Bulkers said that the Cyprus-flagged 81,200 DWT vessel is scheduled for delivery at the
- [Molslinjen awards contract to BOS Power for shoreside energy storage in Aarhus and Odden](https://ship.energy/technology/molslinjen-awards-contract-to-bos-power-for-shoreside-energy-storage-in-aarhus-and-odden/): BOS Power has announced it has been awarded a turnkey battery energy storage system (BESS) contract by ferry operator Molslinjen to deliver shoreside energy storage in Aarhus, Jutland, and Odden, Zealand. The contract adds approximately 250 MWh of energy storage to BOS Power’s Nordic portfolio, which now exceeds 500 MWh of delivered and contracted capacity
- [BIMCO: ‘The wording of the US-Iran MoU is not sufficiently clear'](https://ship.energy/information/bimco-the-wording-of-the-us-iran-mou-is-not-sufficiently-clear/): Following the IMO Secretary-General’s decision yesterday to pause the evacuation of vessels stranded in the Strait of Hormuz after a cargo ship was hit by a drone, BIMCO's Jakob Larsen, Chief Safety & Security Officer, said the situation ‘underscores the importance of clear and unambiguous agreements between the US and Iran regarding a resumption of
- [Port of Rotterdam: Forcing companies to cease their fossil fuel activities is ‘a bridge too far’](https://ship.energy/information/port-of-rotterdam-forcing-companies-to-cease-their-fossil-fuel-activities-is-a-bridge-too-far/): Responding to a letter from Advocates for the Future (AftF), the Port of Rotterdam Authority has said that it cannot fulfil the climate NGO’s demand to force companies to limit fossil fuel activities in Rotterdam because this is ‘not aligned with current European and Dutch climate policy and is not part of the Port Authority's role’.
- [Mitsubishi Shipbuilding receives order from HZME for ammonia fuel handling system](https://ship.energy/energy/mitsubishi-shipbuilding-receives-order-from-hzme-for-ammonia-fuel-handling-system/): Mitsubishi Shipbuilding Co. has announced it has received an order from Hitachi Zosen Marine Engine Co. (HZME) for its MAmmoSS ammonia fuel handling system. HZME is a dual licensee of Everllence SE and WinGD. In a statement issued today (26 June), Mitsubishi Shipbuilding said MAmmoSS will be designed and optimised to be compatible with the
- [MPA expresses ‘deep concern’ over Ever Lovely incident in Strait of Hormuz](https://ship.energy/information/mpa-expresses-deep-concern-over-ever-lovely-incident-in-strait-of-hormuz/): The Maritime and Port Authority of Singapore (MPA) has expressed its ‘deep concern’ over the incident which took place in the Strait of Hormuz yesterday (25 June), when the Singapore-registered container ship Ever Lovely sustained minor damage to its bridge area from an ‘unknown projectile’. As previously reported by ship.energy, the incident came just days
- [Construction begins on Rotterdam methanol and ethanol expansion project](https://ship.energy/energy/construction-begins-on-rotterdam-methanol-and-ethanol-expansion-project/): Liquid energy and chemicals storage company Evos Rotterdam has held a ground-breaking ceremony for its methanol and ethanol expansion project at the Port of Rotterdam. As previously reported by ship.energy, the project comprises five new storage tanks with a combined gross capacity of 67,500 cubic metres (cbm), a new pump station and a new jetty,
- [BC Ferries hails arrival of the first of its four new Island Class vessels](https://ship.energy/technology/bc-ferries-hails-arrival-of-the-first-of-its-four-new-island-class-vessels/): British Columbia-based BC Ferries has announced the arrival of the Island xwsaĺux̌ul, the first of its four new battery-equipped Island Class vessels. In a statement issued yesterday (25 June), the ferry operator said that the Island xwsaĺux̌ul, which was built by Damen Shipyards in Romania, is now scheduled to undergo final testing and crew training
- [Artemis Technologies launches ‘world’s first fully electric hydrofoil pilot boat’](https://ship.energy/information/artemis-technologies-launches-worlds-first-fully-electric-hydrofoil-pilot-boat/): Artemis Technologies has announced that its Artemis EF-12 Pilot – billed as ‘the world’s first fully electric hydrofoil pilot boat’ – has now entered the water and is ‘progressing through sea trials’ as it moves toward operational deployment. The vessel uses the Artemis ‘eFoiler’ system which lifts the hull out of the water to reduce
- [ABB to acquire Høglund](https://ship.energy/technology/abb-to-acquire-hoglund/): Technology group ABB has announced it has entered into an agreement to acquire Tønsberg-headquartered marine automation specialist, Høglund AS. In a statement issued today (26 June), ABB said the transaction is expected to close in Q3 2026, subject to customary regulatory approvals. It will cover Høglund’s global operations including more than 80 employees in Norway, Poland,
- [Cavotec bags shore power order for southern Californian cruise terminal expansion](https://ship.energy/technology/cavotec-bags-shore-power-order-for-southern-californian-cruise-terminal-expansion/): Cavotec has announced it has signed an order worth approximately €1.5 million for shore power equipment for the expansion of a cruise terminal in Southern California. The company did not disclose the identity of the port, though, in a statement issued today (26 June), CEO David Pagels confirmed Cavotec had previously delivered shore power systems
- [Port of Antwerp-Bruges and Ukraine Sea Ports Authority looking to strengthen maritime connections and logistics corridors](https://ship.energy/information/port-of-antwerp-bruges-and-ukraine-sea-ports-authority-looking-to-strengthen-maritime-connections-and-logistics-corridors/): The Port of Antwerp-Bruges International and the APEC Antwerp/Flanders Port Training Center have signed a Memorandum of Understanding (MoU) with the Ukrainian Sea Ports Authority (USPA) that will focus on strengthening maritime transport connections and logistics corridors between the ports as well as exchanging expertise on port management, efficiency, competitiveness, safety and environmental protection. In
- [IMO Secretary-General halts Strait of Hormuz evacuation after cargo ship attack](https://ship.energy/information/imo-secretary-general-halts-strait-of-hormuz-evacuation-after-cargo-ship-attack/): International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has announced a temporary pause on the Strait of Hormuz vessel evacuation operation, announced only two days ago, after a cargo vessel was attacked today in the Gulf of Oman. As reported earlier today by ship.energy, the UK Maritime Trade Operations agency (UKMTO) gave notification that a cargo
- [Construction begins on first vessel of Western Australian electric ferry project](https://ship.energy/technology/construction-begins-on-first-vessel-of-western-australian-electric-ferry-project/): A keel laying ceremony has been held to mark the construction of the first of five electric ferries that will operate on the Swan River in Perth, Western Australia. As previously reported by ship.energy, the vessels are being built as part of the METRONET Swan River Ferry Service Expansion programme. The ferries are being designed and
- [Report of projectile strike against cargo ship off Oman coastline](https://ship.energy/information/report-of-projectile-strike-against-cargo-ship-off-oman-coastline/): The UK Maritime Trade Operations agency (UKMTO) has received a report that a cargo ship has been hit today by ‘an unknown projectile’ at a position 7.5 nautical miles southeast of Dahit in Oman. According to the UKMTO, the vessel was struck on its starboard side resulting in damage to the bridge. The ship’s Master
- [VPS launches VeriSphere webshop](https://ship.energy/information/vps-launches-verisphere-webshop/): Marine fuel testing specialist Veritas Petroleum Services (VPS) has announced the launch of a new webshop for its VeriSphere digital platform. In a statement issued today (25 June), VPS said the new webshop provides customers with direct, self-service access to a growing portfolio of VPS products and services, including digital applications, Application Programming Interfaces (APIs) and sampling equipment;
- [China Marine Bunker and Vitol group companies among entities to renew annual ISCC-EU certification in June](https://ship.energy/information/china-marine-bunker-and-vitol-group-companies-among-entities-to-renew-annual-iscc-eu-certification-in-june/): China Marine Bunker and Vitol group companies are among organisations that have renewed their annual International Sustainability and Carbon Certification EU (ISCC EU) this month. According to auditing documents published by the ISCC, China Marine Bunker Dalian Co is ISCC-EU certified to trade and store biomethanol, bio-LNG and biodiesel, derived from feedstocks of Chinese origin.
- [Final module for OMV Petrom’s 20 MW green hydrogen electrolyser delivered](https://ship.energy/energy/final-module-for-omv-petroms-20-mw-green-hydrogen-electrolyser-delivered/): OMV Petrom has announced the delivery of the fourth and final module of the 20 MW electrolyser for green hydrogen production at its Petrobrazi refinery. The company has a capacity of 55 MW under development through two projects: one of 20 MW and another of 35 MW. The first module for the 20 MW electrolyser was
- [PowerCell wins SEK 50 million marine fuel cell order](https://ship.energy/information/powercell-wins-sek-50-million-marine-fuel-cell-order/): Sweden’s PowerCell Group has clinched a contract to supply fuel cell systems for two liquid hydrogen-powered cargo ships to be built by Norwegian LH2 Shipping AS. The contract, valued at approximately SEK 50 million (circa £3.9 million), includes 4 MW of installed power, based on PowerCell's Marine System 225 platform. Deliveries are scheduled to be
- [Port of Long Beach approves $58.2 million for cleaner tech](https://ship.energy/technology/port-of-long-beach-approves-58-2-million-for-cleaner-tech/): The Port of Long Beach has authorised $58.2 million for the purchase and deployment of zero-emission technology and cleaner harbour vessels. The Long Beach Board of Harbor Commissioners approved the expenditure, part of a larger grant from California’s State Transportation Agency for System-Wide Investment in Freight Transport (SWIFT), on Monday (22 June). The investment will allow tenants and operators to
- [FLEX Commodities appoints new Trade Controller](https://ship.energy/energy/flex-commodities-appoints-new-trade-controller/): Milind Homkar has been appointed Trade Controller of marine fuels company FLEX Commodities. A Chartered Accountant and Certified Information System Auditor, Homkar joins from Maersk where he held senior roles in business control and global anti-fraud. He has also held positions with Vodafone, Eaton Technologies, and Deloitte across multiple geographies. ‘In his new role, Milind
- [EU project to support wider uptake of WAPS](https://ship.energy/energy/eu-project-to-support-wider-uptake-of-waps/): A new EU-supported initiative, AWESOME (Advanced Wind Energy System Optimisation & Monitoring for Efficiency), has launched in Brussels today (25 June) with the aim of providing shipowners with verified performance data, practical tools and standardised methods for assessing wind-assisted propulsion systems (WAPS). The project, which is supported by some €9 million in funding from Horizon
- [DHL and VELA partner on transatlantic wind-powered freight transportation](https://ship.energy/energy/dhl-and-vela-partner-on-transatlantic-wind-powered-freight-transportation/): DHL Global Forwarding France has agreed to use wind-powered cargo trimarans developed by French company VELA for selected transatlantic routes. According to VELA, its wind-powered vessels could reduce greenhouse gas emissions by up to 99% compared to air freight and up to 90% compared to conventional sea freight, depending on route and calculation assumptions. DHL
- [1,150 cargo ships and as many as 20,000 seafarers are in the Persian Gulf waiting to resume operations, says Allianz](https://ship.energy/information/1150-cargo-ships-and-as-many-as-20000-seafarers-are-in-the-persian-gulf-waiting-to-resume-operations-says-allianz/): Announcing its newly-published annual Safety and Shipping Review, Allianz Commercial says that its research data shows that: ‘Around 1,150 cargo-carrying vessels (over 100 GT) with an estimated vessel and cargo value of approximately $125 billion, a volume of 29 million GT, and as many as 20,000 seafarers are in the Persian Gulf waiting to resume
- [Nereida Energy to acquire Haf Power Solutions’ maritime battery business](https://ship.energy/technology/nereida-energy-to-acquire-haf-power-solutions-maritime-battery-business/): Bergen-based Nereida Energy has announced it has entered into an agreement to acquire the maritime battery business from Haf Power Solutions (HPS). The transaction includes the transfer of the Aegir battery platform, related intellectual property, ongoing customer projects, and order backlog, Nereida Energy said in a statement today (25 June). As part of the transaction,
- [VW selling Everllence majority stake to Bain Capital](https://ship.energy/information/vw-selling-everllence-majority-stake-to-bain-capital/): Germany’s Volkswagen Group has arranged to sell a 51% majority stake in Everllence to the private investment firm Bain Capital, while it plans to retain a 49% stake ‘in the medium term’. In a statement issued today (25 June), Uwe Lauber, the CEO of Everllence, said: ‘The transaction lays the groundwork for the sustainable continuation
- [ExxonMobil and Wallenius Wilhelmsen complete first bunkering of B30 VLSFO made from FAME Distillation Residue](https://ship.energy/energy/exxonmobil-and-wallenius-wilhelmsen-complete-first-bunkering-of-b30-vlsfo-made-from-fame-distillation-residue/): ExxonMobil has announced it has successfully supplied a B30 0.50% sulphur marine residual fuel blend (B30 very low sulphur fuel oil (VLSFO)), made using fatty acid methyl ester (FAME) Distillation Residue, to Wallenius Wilhelmsen. The bio marine fuel blend was bunkered by the vehicle carrier Titus in Zeebrugge ahead of the sea trial, the energy major said in a
- [G2 Ocean launches new book-and-claim biofuel service](https://ship.energy/energy/g2-ocean-launches-new-book-and-claim-biofuel-service/): G2 Ocean, the company founded by Gearbulk and Grieg Maritime Group, has launched a new book-and-claim service that allows cargo owners and transport buyers to purchase verified emission reductions generated from the use of biofuel in the ship operator’s operations. The service, called Emission Reduction Certificates, is available to companies with Scope 3 emissions (emissions from
- [Oceanbird completes Wing560 installation on Wallenius Wilhelmsen’s Tirranna](https://ship.energy/energy/oceanbird-completes-wing560-installation-on-wallenius-wilhelmsens-tirranna/): The wind-assisted propulsion company Oceanbird has confirmed to ship.energy that it has finished the installation of its Wing560 system onboard Wallenius Wilhelmsen’s car carrier Tirranna. Speaking to ship.energy this afternoon (24 June), a company spokesperson said that the superstructure is now on the vessel and there are just some ‘small details’ to sort before the
- [Maritime minister lauds VOC Port as ‘a model for sustainable maritime development in India’](https://ship.energy/energy/maritime-minister-lauds-voc-port-as-a-model-for-sustainable-maritime-development-in-india/): The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, says that V.O. Chidambaranar Port Authority’s (VOCPA) 45% reduction in net carbon emissions and its involvement in renewable energies and green hydrogen development have marked it out as ‘a model for sustainable maritime development in India’. In a statement issued yesterday (23 June) on
- [CHIMBUSCO and Shenergy Group sign 'China’s largest single order green methanol procurement deal'](https://ship.energy/information/chimbusco-and-shenergy-group-sign-chinas-largest-single-order-green-methanol-procurement-deal/): China Marine Bunker Co. (CHIMBUSCO) and Shenergy Group have signed a 6,000-ton green methanol procurement agreement. According to a statement posted on LinkedIn by Chimbusco Europe B.V., the agreement was signed yesterday (23 June) and represents the 'largest single green methanol procurement deal' in China to date. CHIMBUSCO and Shenergy Group marked the deal with
- [Gasum sells Lahti biogas upgrading unit to Nevel](https://ship.energy/energy/gasum-sells-lahti-biogas-upgrading-unit-to-nevel/): Gasum has announced that it has agreed to sell its biogas upgrading unit in Lahti, Finland to Nevel. In statements issued yesterday (23 June), the companies said that Gasum will now purchase all biogas produced and upgraded at the plant from Nevel under a long-term agreement. Nevel has previously supplied raw biogas to the upgrading
- [Azane agrees to pay NOK 22.1 million fine to Enova if three ammonia projects do not reach FID stage by mid-December](https://ship.energy/information/azane-agrees-to-pay-nok-22-1-million-fine-if-three-ammonia-projects-do-not-reach-fid-stage-by-mid-december/): Azane Infrastructure AS has informed ship.energy that it has agreed to pay a NOK 22.1 million (approximately $2.3 million) fine to the Norwegian state enterprise Enova if three proposed ammonia bunkering terminals located on the Norwegian coast do not reach final investment decision (FID) stage by mid-December 2026. Enova funds projects that support Norway’s green
- [IMO Secretary-General announces ‘large-scale operation’ to free vessels stranded in the Strait of Hormuz](https://ship.energy/information/imo-secretary-general-announces-large-scale-operation-to-free-vessels-stranded-in-the-strait-of-hormuz/): IMO Secretary-General Arsenio Dominguez says an operation to release vessels and over 11,000 seafarers still stranded in the Strait of Hormuz will be carried out ‘in close cooperation with Iran, Oman, all other coastal States in the region, the United States and the maritime industry.’ Dominguez confirmed that ‘we have secured the necessary safety guarantees
- [GAZ-SYSTEM commits to second FSRU terminal in Gulf of Gdańsk](https://ship.energy/energy/gaz-system-commits-to-second-fsru-terminal-in-gulf-of-gdansk/): After four entities contracted long term access to GAZ-SYTEM’s proposed FSRU 2 Terminal services, the company has announced it will press ahead with the construction of a second floating storage and regasification unit (FSRU) terminal in the Gulf of Gdańsk. The decision means that Poland will operate three LNG terminals offering over 20 billion cubic
- [Pemex and Petrobras MoU to include cooperation on alt.fuels, carbon capture and cutting emissions](https://ship.energy/technology/pemex-and-petrobras-mou-to-include-cooperation-on-alt-fuels-carbon-capture-and-cutting-emissions/): The national oil companies of Mexico and Brazil – respectively Pemex and Petrobras – have signed a memorandum of understanding (MoU) to work together on a range of ‘strategic and technical’ initiatives. In a statement issued yesterday (23 June), Petrobras indicated the companies would be pooling their resources to focus on decarbonisation and the energy
- [Port of Oakland sees increase in May container volumes](https://ship.energy/information/port-of-oakland-sees-increase-in-may-container-volumes/): The 190,958 TEUs (twenty-foot equivalent unit) handled by the Port of Oakland last month marked a 1.9% increase on May 2025. May’s total was also the highest monthly cargo volume since January, the Californian port said in a statement yesterday (23 June). Growth was driven by increases in both import and export cargo. Full imports reached
- [Port of London posts drop in overall tonnage but ‘huge increase’ in Chinese imports](https://ship.energy/information/port-of-london-posts-drop-in-overall-tonnage-but-huge-increase-in-chinese-imports/): The Port of London has announced that its overall cargo volume of 13 million tonnes for the first quarter (Q1) of 2026 was down 6.8% on the previous quarter and 3.5% on Q1 2025 – but added that there had been a ‘huge increase’ in imports from China. Accentuating the positive on the Chinese statistics,
- [Wärtsilä Gas Solutions undergoes rebrand after acquisition](https://ship.energy/energy/wartsila-gas-solutions-undergoes-rebrand-after-acquisition/): Following its purchase by German private equity investor Mutares SE & Co. KGaA, Wärtsilä Gas Solutions has changed its name to Nord Gas Solutions. As previously reported by ship.energy, in December 2025 Wärtsilä agreed to sell its Gas Solutions business to Mutares SE & Co. The area of expertise of Gas Solutions, whose annual revenue
- [Dorian LPG orders dual fuel VLGC](https://ship.energy/information/dorian-lpg-orders-dual-fuel-vlgc/): Owner and operator Dorian LPG has entered into an agreement with HD Hyundai to build a dual fuel 90,000 cubic metre (cbm) very large gas carrier (VLGC). Scheduled for delivery in 2029, the Panamax vessel, which will cost approximately $115 million, will be built with a shaft generator, allowing the vessel to harness mechanical energy from
- [New President for Svanehoj](https://ship.energy/technology/new-president-for-svanehoj/): Marine pump and liquefied gas specialist Svanehoj has announced the appointment of Morten Christian Larsen as its new President. Larsen, who is currently Managing Director of Svanehoj Singapore, will succeed Søren Kringelholt Nielsen on 1 July, who is leaving the company. In a statement sent to ship.energy today (23 June), Svanehoj highlighted Larsen’s experience in
- [Island Oil appoints Head of International Trading in Dubai](https://ship.energy/energy/island-oil-appoints-head-of-international-trading-in-dubai/): Island Oil has announced the appointment of Dimitris Mertikas as its new Head of International Trading, Dubai. Mertikas brings nearly two decades of experience across commercial, trading, and leadership roles in the bunker industry. According to his LinkedIn page, prior to joining Island Oil, he was a Key Account Manager for Glander International Bunkering. Commenting,
- [Sulnox bags its largest ever commercial agreement with EPS](https://ship.energy/technology/sulnox-bags-its-largest-ever-commercial-agreement-with-eps/): Marine fuel additives firm Sulnox has announced it has secured its largest commercial agreement to date with Singapore-based shipowner Eastern Pacific Shipping (EPS). The new four-year agreement will expand deployment of Sulnox Eco across the EPS fleet, increasing usage from approximately 30 vessels – as per a previous agreement signed 18 months ago – to more than 50
- [Daphne Technology receives LR Factual Statement for marine emissions monitoring system](https://ship.energy/technology/daphne-technology-receives-lr-factual-statement-for-marine-emissions-monitoring-system/): Lloyd's Register has issued a Factual Statement confirming that Daphne Technology's PureMetrics continuous emissions monitoring system has been assessed and found suitable as a direct continuous emission monitoring system for selected greenhouse gas (GHG) emissions from marine diesel engines onboard ships. The assessment was based on reviewed documentation and onboard demonstration tests and includes Lloyd's
- [PrimeServ completes methanol engine upgrade for Seaspan](https://ship.energy/energy/primeserv-completes-methanol-engine-upgrade-for-seaspan/): PrimeServ, Everllence’s after-sales division, has completed a methanol dual-fuel upgrade of the main engine of the Seaspan Yangtze containership, owned by Seaspan Corporation. The work was concluded earlier this month at COSCO Shipping Heavy Industry (Shanghai) Co., and the vessel has already returned to service. The engine upgrade was the first in a five-vessel retrofit
- [Latest MOST programme graduates to work across nine Monjasa offices](https://ship.energy/energy/latest-most-programme-graduates-to-work-across-nine-monjasa-offices/): The latest batch of trainees from the Monjasa Oil & Shipping Trainee (MOST) programme have graduated, with 11 of the 12 staying with the Danish bunker company across nine global offices. This year’s graduates were the seventh batch of MOST participants since the programme began in 2018. Since its launch, a total of 51 have graduated
- [ICS report pinpoints geopolitical instability as maritime industry’s principal risk factor](https://ship.energy/information/ics-report-pinpoints-geopolitical-instability-as-maritime-industrys-principal-risk-factor/): The ICS Maritime Barometer Report for 2025-2026 finds that geopolitical and economic volatility and regulatory uncertainty are high risk factors for the industry, while LNG, biofuels and the use of high sulphur fuel oil (HSFO) in conjunction with emissions abatement technology are seen as the most viable fuels over the next decade. The report, published
- [BV classes CMA CGM’s dual-fuel ULCS Notre Dame](https://ship.energy/energy/bv-classes-cma-cgms-dual-fuel-ulcs-notre-dame/): Bureau Veritas Marine & Offshore (BV) has announced that it has classed the CMA CGM NOTRE DAME, the first vessel in CMA CGM's series of 24,000 TEU (twenty-foot equivalent unit) LNG dual-fuel ultra-large container ships (ULCS) that are being built by China’s Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. (Yangzi Xinfu). The vessel was delivered in
- [Maersk appoints new Regional President for Asia Pacific](https://ship.energy/information/maersk-appoints-new-regional-president-for-asia-pacific/): Maersk (Maersk) has today (23 June) announced the appointment of Scott Elliott as Regional President for Asia Pacific. As previously reported by ship.energy, Elliott has led the region on an interim basis since January, having previously served as Regional CFO for Asia Pacific, a role he took up after joining Maersk in 2020. Prior to joining
- [Concordia Damen delivers hybrid river cruise ship to Century Cruises](https://ship.energy/energy/concordia-damen-delivers-hybrid-river-cruise-ship-to-century-cruises/): Dutch shipbuilder Concordia Damen has delivered the Century Star, which features hybrid propulsion and is the first of a series of three sister ships ordered by China-based Century Cruises for operation in the European market. The vessel was built in collaboration with United Waterways, which supported Century Cruises in aligning with European operational standards, including
- [Pacific International Lines names 13,000 TEU dual-fuel LNG boxship pair](https://ship.energy/energy/pacific-international-lines-names-13000-teu-dual-fuel-lng-boxship-pair/): A twin naming ceremony was held today (23 June) at Hudong-Zhonghua Shipyard in Shanghai for Pacific International Lines’ (PIL) newest 13,000 TEU (twenty-foot equivalent unit) LNG dual-fuel container vessels, Kota Elok and Kota Elan. The two vessels, which will be deployed on PIL’s service connecting Asia and South America, are the first in a series of 13 newHi 13,000 TEU
- [Global Maritime Forum report claims ‘triple win’ for voyage optimisation strategies](https://ship.energy/technology/global-maritime-forum-report-claims-triple-win-for-voyage-optimisation-strategies/): The combination of vessel speed reduction (aka 'slow steaming') and port call optimisation can offer shipowners a ‘triple win’ by saving fuel, cutting GHG emissions and ‘paving the way’ for the uptake of zero-emission fuels, according to a new report from the Global Maritime Forum. In a statement announcing the publication of the report today
- [Verde Marine Energy wraps up first B100 delivery in the ARA](https://ship.energy/energy/verde-marine-energy-wraps-up-first-b100-delivery-in-the-ara/): Netherlands-based Verde Marine Energy has announced the completion of its first physical bunkering of B100 Advanced FAME in the ARA (Amsterdam-Rotterdam-Antwerp) region. The delivery was made to the Beautriton, a vessel owned by Vertom and operated and managed by Vertraco and ECL. In a social media post today (23 June), Verde Marine said the milestone fuelling
- [John Denholm elected International Chamber of Shipping Chairman](https://ship.energy/information/john-denholm-elected-international-chamber-of-shipping-chairman/): John Denholm has been confirmed as Chairman of the International Chamber of Shipping (ICS). Denholm was unanimously elected by the Board of ICS today (22 June) having been recommended for the position last year. He succeeds Emanuele Grimaldi who had served in the role since June 2022. A qualified chartered accountant, Denholm currently serves as Executive Chairman of J.
- [LBC Tank Terminals pressing ahead with Rotterdam expansion project](https://ship.energy/energy/lbc-tank-terminals-pressing-ahead-with-rotterdam-expansion-project/): LBC Tank Terminals has announced it has taken the final investment decision (FID) on a project that will add approximately 41,000 cubic metres (cbm) of storage capacity at its Rotterdam Terminal. Upon completion of Project Rainbow 5 Phase A, the Dutch terminal’s total capacity will rise to approximately 295,000 cbm. The decision follows the recent commissioning of Project Rainbow 3, comprising 36
- [UK Government issues guidance to shipping on national emissions trading scheme](https://ship.energy/energy/uk-government-issues-guidance-to-shipping-on-national-emissions-trading-scheme/): The UK Government has published guidance today (22 June) which is intended to help vessel operators to understand and fulfil their compliance obligations under the new UK Emissions Trading Scheme (UK ETS) which comes into force on 1 July. The scheme impacts vessels of 5,000 gross tonnage (GT) or above, and will apply to voyages
- [Gibraltar sees record number of bunker calls in May](https://ship.energy/energy/gibraltar-sees-record-number-of-bunker-calls-in-may/): The 599 calls for bunkers in Gibraltar last month was the highest monthly total on record. Last month’s total was reflected in total vessel calls which surpassed the 1,000 mark for the first time, reaching 1,019, data published by the Government of Gibraltar shows. The 28,162,899 total gross tonnage was the highest monthly total since the
- [Transport groups call for some EU ETS revenues to be earmarked for shipping and aviation](https://ship.energy/energy/transport-groups-call-for-some-eu-ets-revenues-to-be-earmarked-for-shipping-and-aviation/): European Shipowners | ECSA and Airlines 4 Europe (A4E) have called on the European Commission to require Member States to use part of their Emissions Trading System (ETS) revenues for the uptake of sustainable fuels for shipping and aviation. The joint call is also pressing for Member States to ‘top up’ existing EU mechanisms with
- [‘Encouraging progress’ made during Lake Lucerne Summit](https://ship.energy/information/encouraging-progress-made-during-lake-lucerne-summit/): The first session of talks between Iran and the U.S. under the framework of their Memorandum of Understanding agreed last week has resulted in the formation of a High Level Committee which has set out a road map towards reaching a final deal within 60 days. The meeting between Iran and the U.S. is taking
- [Axpo wraps up first bio-LNG STS bunkering of MOL vessel in Barcelona](https://ship.energy/energy/axpo-wraps-up-first-bio-lng-sts-bunkering-of-mol-vessel-in-barcelona/): The fuelling of the Lapis Ace on Thursday (18 June) marked the first ship-to-ship (STS) bio-LNG bunkering of a Mitsui OSK Lines (MOL) vessel in the Port of Barcelona for Switzerland-based Axpo. The pure car and truck carrier (PCTC) was fuelled by the 7,500 cubic metre (cbm) LNG bunker vessel Green Pearl in the Mediterranean port, Axpo said in
- [Fortescue and CMB.TECH agree charter terms for ammonia-capable vessels](https://ship.energy/information/fortescue-and-cmb-tech-agree-charter-terms-for-ammonia-capable-vessels/): Australian energy and metals group Fortescue has agreed to charter up to 12 ammonia-capable vessels which are under construction for CMB.TECH. Under the agreement, Fortescue will charter a fleet of 12 210,000 DWT Newcastlemax vessels from Bocimar, the dry bulk division of CMB.TECH. Up to three of the vessels will be delivered with dual-fuel ammonia
- [Greenlight for Petrobras biofuels plant](https://ship.energy/energy/greenlight-for-petrobras-biofuels-plant/): The Petrobras Board of Directors has approved the final investment decision (FID) for the Presidente Bernardes Refinery (RPBC) biofuels production plant that it will be developing at Cubatão in the state of São Paulo for $1.2 billion. In a statement issued on Friday (19 June), the Brazilian oil company said that it will now move
- [Bunker One to deploy dedicated bunker barge in Port of Aberdeen next month](https://ship.energy/energy/bunker-one-to-deploy-dedicated-bunker-barge-in-port-of-aberdeen-next-month/): Bunker One has announced that it will be stationing a dedicated bunker barge capable of supplying marine gasoil (MGO) 0.1% and bio blends - from B1 to B100 – in the Port of Aberdeen next month. In a social media post today (22 June), Bunker One said the vessel, which will be deployed in the
- [‘Global supply shocks – not EU methane rules – are driving current market pressures,’ says new Rystad/EDF report](https://ship.energy/information/global-supply-shocks-not-eu-methane-rules-are-driving-current-market-pressures-says-new-rystad-edf-report/): Environmental Defense Fund (EDF) Europe says the new report that it commissioned from Rystad Energy has found ‘no credible evidence that the EU Methane Regulation (EUMR) is contributing to current oil and gas price increases or supply pressures affecting Europe’. In a statement issued today (22 June), EDF Europe said that the new analysis indicates
- [DP World unveils ‘EcoRoute’ solution](https://ship.energy/information/dp-world-unveils-ecoroute-solution/): Dubai-headquartered DP World says that its newly-launched ‘EcoRoute’ offering will help businesses optimise their supply chain performance while their reducing emissions. In a statement issued today (22 June), DP World said that it will be offering its customers ‘lower carbon solutions through modal shift programmes, alternative fuel and electric transport solutions, and lower carbon warehouses
- [OCIMF appoints new Managing Director](https://ship.energy/information/ocimf-appoints-new-managing-director-2/): Don Davis is set to join OCIMF – the oil companies’ international marine forum – on secondment from Chevron Shipping Company when he becomes its new Managing Director on 1 July. Currently serving as Chevron Shipping’s General Manager of Global Marine Assurance, Don Davis will succeed Karen Davis, who will remain with OCIMF until the
- [DNV publishes recommended practice for onboard carbon capture](https://ship.energy/technology/dnv-publishes-recommended-practice-for-onboard-carbon-capture/): Classification society DNV has published a recommended practice (RP) which aims to provide a standardised framework for measuring and verifying the performance of onboard carbon capture and storage (OCCS) systems on ships. In a statement sent to ship.energy today (22 June), DFNVG said that RP 0698, titled Performance of onboard carbon capture and storage systems,
- [Naming ceremony for dual-fuel LNG VLCC in China](https://ship.energy/energy/naming-ceremony-for-dual-fuel-lng-vlcc-in-china/): A naming ceremony has been held at News Times Shipbuilding for a 299,500 DWT LNG dual-fuel LNG very large crude carrier. As previously reported by ship.energy, the Mount Vision is the first of two dual-fuel LNG VLCCs being built at the Chinese shipyard for Olso-based Bruton. The second vessel, Mount Horizon, is scheduled for delivery
- [Port of New York and New Jersey container volumes fall 8.4% y-o-y in April](https://ship.energy/policy/ports/port-of-new-york-and-new-jersey-container-volumes-fall-8-4-y-o-y-in-april/): The 688,163 twenty-foot equivalent units (TEU) handled by the Port of New York and New Jersey handled in April was 8.4% down on 751,194 TEU that was handled in April 2025. The number of loaded import TEUs fell 12% year-on-year (y-o-y), from 386,727 to 340,365, while empty imports slipped 3.6%, from 1,408 to 1,358. Meanwhile,
- [Dan-Bunkering concludes LNG delivery in China for Sallaum Lines PCTC newbuild](https://ship.energy/energy/dan-bunkering-concludes-lng-delivery-in-china-for-sallaum-lines-pctc-newbuild/): Dan-Bunkering has announced it recently concluded an LNG delivery in China for Sallaum Lines’ newbuild pure car and truck carrier (PCTC), Ocean Express. As previously reported by ship.energy, the 7,400 car equivalent (CEU) vessel was delivered earlier this month. In a statement sent to ship.energy today (19 June), Dan-Bunkering said the 1,400 metric tonnes (mt) delivery is
- [LMA calls for ‘further clarifications’ over the ramifications of the US-Iran MoU](https://ship.energy/information/lma-calls-for-further-clarifications-over-the-ramifications-of-the-us-iran-mou/): The Lloyd’s Market Association (LMA) has welcomed this week's Memorandum of Understanding (MoU) between the US and Iran but says that more detail will be necessary in relation to some long-standing issues affecting shipping, ‘such as the extent to which the US, UK and EU will be lifting sanctions and designations with respect to Iran.’
- [Antipollution to launch new waste collection and oil recovery vessels in Greece](https://ship.energy/information/antipollution-to-launch-new-waste-collection-and-oil-recovery-vessels-in-greece/): V Group’s Antipollution has signed a letter of intent (LoI) with ONEX Shipyards & Technologies for the construction of up to eight 'eco vessels'. The LoI covers four vessels plus four options, which will be built to ABS Class. The vessels, which will built in ONEX’s Greek shipyards in Elefsis and Syros, will collect
- [IBIA welcomes US-Iran agreement](https://ship.energy/information/ibia-welcomes-us-iran-agreement/): IBIA - the International Bunker Industry Association has expressed the hope that this week’s agreement between the US and Iran is ‘a meaningful step’ towards restoring peace and freedom of navigation in and around the Strait of Hormuz, but it cautions that while tensions may deescalate in the region, ‘physical infrastructure, commercial confidence, supply arrangements
- [Port of Klaipėda’s hydrogen-fuelled waste collection vessel up and running](https://ship.energy/energy/port-of-klaipedas-hydrogen-fuelled-waste-collection-vessel-up-and-running/): A naming ceremony has been held at the Port of Klaipėda for the Rasa, Lithuania’s first waste collection vessel powered by green hydrogen and electricity. As previously reported by ship.energy, the 42-metre-long vessel was built by Western Baltic Shipyard and Baltic Workboats, marking an investment of €12 million. Its hydrogen power system – including fuel cells, storage tanks
- [ExxonMobil signs agreement on Richards Bay LNG terminal project](https://ship.energy/energy/exxonmobil-signs-agreement-on-richards-bay-lng-terminal-project/): The Zululand Energy Terminal (ZET), a partnership between Vopak Terminal Durban and Transnet Pipelines, has signed a Heads of Agreement with ExxonMobil South Africa LNG Ltd which is seen as signalling international market interest in supplying LNG to South Africa’s first LNG import terminal at the Port of Richards Bay. Oliver Naidu, Director of ZET,
- [NYK subsidiary ICO launches shore power facility for Ro-Ro vessels in Belgium](https://ship.energy/technology/nyk-subsidiary-ico-launches-shore-power-facility-for-ro-ro-vessels-in-belgium/): NYK Group company International Car Operators N.V. (ICO) has commenced operation of the first shore power facility for Roll-on Roll-off (RoRo) vessels at the Port of Zeebrugge in Belgium. Following a successful test phase in early June, during which all technical specifications were validated, the first vessel, a pure car and truck carrier (PCTC) operated by NYK, was
- [Samskip receives regulatory approval for UKI-trade door-to-door and quay-to-quay cargo business sale to CLdN](https://ship.energy/information/samskip-receives-regulatory-approval-for-uki-trade-door-to-door-and-quay-to-quay-cargo-business-sale-to-cldn/): Netherlands-based shortsea shipping company Samskip has received the required regulatory approvals for its previously announced transfer of its transport services between Rotterdam and the UK and Ireland to CLdN. As ship.energy reported in February, the sale covers the container shipping services currently operated by Samskip between Rotterdam (Rotterdam Short Sea Terminals / Matrans Rotterdam Terminal) and
- [Iran-US MoU – a 60-day stay on hostilities, but the real deal remains to be done](https://ship.energy/information/iran-us-mou-a-60-day-stay-on-hostilities-but-the-real-deal-remains-to-be-done/): The text of the Iran-US Memorandum of Understanding (MoU) is a tale of two halves. Initial ‘outcomes’ are the immediate termination of military operations on all fronts, including in Lebanon, as well as the opening of the Strait of Hormuz with no toll restrictions and the removal of the US blockade against Iranian ports within
- [Candela unveils electric foiling vessel designed for luxury travel](https://ship.energy/technology/candela-unveils-electric-foiling-vessel-designed-for-luxury-travel/): Sweden’s Candela has launched a new electric foiling vessel design. In a statement issued today (18 June), Candela said that the P-12 Voyager, which operates at speeds of 25 knots while foiling, is designed ‘for routes where passenger experience is as important as travel time’. According to Candela, hydrofoils reduce energy consumption by ‘up to
- [VERRA publishes new voluntary carbon methodology enabling ships to generate carbon credits from alternative fuel use](https://ship.energy/information/verra-publishes-new-voluntary-carbon-methodology-enabling-ships-to-generate-carbon-credits-from-alternative-fuel-use/): VERRA, the carbon standard-setting body, has published a new voluntary carbon credits methodology for alternative, low carbon fuels in shipping. The new methodology, titled ‘Verified Carbon Standard (VCS) Program, VM0053 Alternative Low-Carbon Fuels for Shipping, v1.0’, applies to ‘project activities’ that replace conventional fossil fuels with low carbon alternative fuels. In practice, this means that
- [EST-Floattech’s Octopus LFP battery system gains DNV Type Approval](https://ship.energy/technology/est-floattechs-octopus-lfp-battery-system-gains-dnv-type-approval/): EST-Floattech says the award of DNV Type Approval for its Octopus LFP battery system confirms the technology meets the class society’s requirements for safety, reliability and performance. As previously reported by ship.energy, the Octopus LFP battery system has been developed specifically for high-energy maritime applications. According to Netherlands-based EST-Floattech, the technology is particularly suited for vessels
- [Corvus to deliver battery systems for Scylla Shipping’s two new river cruise vessels](https://ship.energy/technology/corvus-to-deliver-battery-systems-for-scylla-shippings-two-new-river-cruise-vessels/): Corvus Energy has announced it has been awarded a contract to deliver its Orca energy storage systems (ESS) for the Riviera Reflection and Harmonie, two new river cruise vessels from Switzerland-based Scylla Shipping. In a statement issued today (18 June), Corvus said the batteries it is supplying will enable the vessels to enter and moor in ports emission‑free
- [Repsol launches supply of low-carbon co-processed marine fuels in Algeciras](https://ship.energy/energy/repsol-launches-supply-of-low-carbon-co-processed-marine-fuels-in-algeciras/): Repsol has announced the first commercial voyage of its new chartered bunker vessel, Bahía Candela, with the vessel loading co-processed fuel at the Spanish energy company’s Petronor refinery in Bilbao which will be available for supply at the Port of Algeciras. Bahía Candela features multiproduct capabilities and is prepared to operate with low-emission energy solutions.
- [Danish startup Kvasir Technologies raises €10 million to scale marine biofuel](https://ship.energy/energy/danish-startup-kvasir-technologies-raises-e10-million-to-scale-marine-biofuel/): Denmark-based startup Kvasir Technologies has raised €10 million in a Series A investment round to accelerate the scale-up and commercialisation of its marine biofuel. In a statement issued today (18 June), Kvasir Technologies announced that European Energy has joined the company as a new investor and strategic partner alongside EIFO, Mærsk Growth and Footprint Fund. At the
- [MOL inks bio-LNG supply agreements with Titan and Axpo for European operations](https://ship.energy/energy/mol-inks-bio-lng-supply-agreements-with-titan-and-axpo-for-european-operations/): Mitsui O.S.K. Lines (MOL) has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG fuel on MOL-operated LNG-fuelled car carriers. Netherlands-based Titan, part of Molgas, will continue to supply bio-LNG in Northwest Europe, following the signing of a multi-delivery contract last year, while Switzerland-headquartered Axpo will take charge of
- [European project will use AI to develop vessel energy management system](https://ship.energy/energy/european-project-will-use-ai-to-develop-vessel-energy-management-system/): A new European initiative, AIMPERES (AI-driven Modular Platform for Emission-Reduction & Efficient Shipping), will develop and demonstrate an energy management system which will support fuel and emissions reductions across in-service vessels The project will involve 10 partners across six European countries with expertise in research, industry, maritime education and vessel operations. The initiative will be
- [MOL and JERA sign long-term charter contract for two ammonia carriers](https://ship.energy/information/mol-and-jera-sign-long-term-charter-contract-for-two-ammonia-carriers/): Mitsui O.S.K. Lines (MOL) and JERA have signed a long-term time charter contract for two very large gas carriers. In a statement issued on 18 June 2026, MOL said that the vessels will transport low-carbon ammonia produced at the Blue Point Project in Louisiana, U.S., where JERA reportedly holds a 35% equity stake, to JERA's
- [Daphne Technology's receives LR Factual Statement for marine emissions monitoring system](https://ship.energy/technology/daphne-technologys-receives-lr-factual-statement-for-marine-emissions-monitoring-system/): Lloyd's Register has issued a Factual Statement confirming that Daphne Technology's PureMetrics continuous emissions monitoring system has been assessed and found suitable as a direct continuous emission monitoring system for selected greenhouse gas (GHG) emissions from marine diesel engines onboard ships. The assessment was based on reviewed documentation and onboard demonstration tests and includes Lloyd's
- [Braemar joins the Sustainable Shipping Initiative](https://ship.energy/information/braemar-joins-the-sustainable-shipping-initiative/): Braemar has become a member of the Sustainable Shipping Initiative (SSI) and will join SSI’s ‘Commercial Pathways to Transition’ platform Braemar joins SSI's ‘Commercial Pathways to Transition’ platform, bringing shipbrokers' frontline market intelligence into the commercial decisions shaping shipping’s energy transition. Braemar will use its expertise in the structuring of shipping deals and commercial practices
- [Port of Long Beach reveals ‘significant interest’ from shipping lines in claiming its $1m methanol bunkering prize](https://ship.energy/information/port-of-long-beach-reveals-significant-interest-from-shipping-lines-in-claiming-its-1m-methanol-bunkering-prize/): Port of Long Beach CEO Dr Noel Hacegaba has told ship.energy the port is ‘hearing significant interest’ in its recently announced Clean Fuel Bunkering Challenge from shipping lines with dual-fuel, methanol-capable vessels operating in the area. The prize, which was announced at the end of May 2026, will award $1 million to the first operator
- [First class approval granted for 100% hydrogen marine engine](https://ship.energy/energy/first-class-approval-granted-for-100-hydrogen-marine-engine/): Lloyd’s Register (LR) has announced it has issued the first Type Approval Certificate for a 100% hydrogen-fuelled, spark-ignited marine engine. The approval has been awarded to the hydrogen engine developed by BeHydro and confirms the design meets LR’s requirements for safety, performance and reliability in marine applications, the class society said today (17 June). The
- [Echandia supplying battery system for new Incat hybrid ferry](https://ship.energy/technology/echandia-supplying-battery-system-for-new-incat-hybrid-ferry/): Echandia will be supplying an Echandia Core battery system for a new 78-metre hybrid catamaran being built by Incat in Tasmania. In a statement sent to ship.energy today (17 June), Echandia said that the catamaran can operate in fully-electric, hybrid, or ‘generator-only’ modes, which will allow operators to run zero-emissions on short crossings and in
- [Researchers investigating emissions impact from UK’s busiest cruise port](https://ship.energy/technology/researchers-investigating-emissions-impact-from-uks-busiest-cruise-port/): Researchers from the National Centre for Atmospheric Science and University of York are carrying out new measurements in Southampton to better understand how emissions from ships affect local air quality in coastal communities. In a statement issued yesterday (16 June), NCAS said the high volume of maritime traffic at the southern English port, including frequent
- [Future Proof Shipping files for bankruptcy](https://ship.energy/information/future-proof-shipping-files-for-bankruptcy/): Dutch firm Future Proof Shipping (FPS), which retrofitted two inland container barges to operate on hydrogen fuel, has entered bankruptcy and its case was referred to the Central Netherlands Court on 3 June. Linde van Dieren, a lawyer with the Utrecht-based firm VBK, has been appointed as bankruptcy trustee. FPS was established in 2016, and
- [IEA report highlights contraction in global oil stocks ‘buffers’](https://ship.energy/information/iea-report-highlights-contraction-in-global-oil-stocks-buffers/): In its June oil market report, published today (17 June), the International Energy Agency (IEA) says that, despite the heavy reduction in demand for crude oil and refined products as result of the US-Iran conflict, global observable oil stocks ‘continue to erode at a record pace.’ According to the IEA, these oil stocks have fallen
- [Ohmium and Hynfra ink agreement to advance large-scale green hydrogen projects in the Middle East and Africa](https://ship.energy/energy/ohmium-and-hynfra-ink-agreement-to-advance-large-scale-green-hydrogen-projects-in-the-middle-east-and-africa/): Proton Exchange Membrane (PEM) electrolyser manufacturer Ohmium and green hydrogen and green ammonia project developer Hynfra P.S.A. have signed a master cooperation agreement to advance green hydrogen projects in Mauritania, Jordan, and Oman. Announced today (17 June), the agreement covers the projects’ Front-End Engineering and Design (FEED) stage and establishes the framework for ongoing collaboration.
- [Oktan Energy’s new barges in operation](https://ship.energy/information/oktan-energys-new-barges-in-operation/): Poland-based fuel supplier Oktan Energy has informed ship.energy that the two new sea-going tankers which it was looking to add its bunkering fleet last year are now both in operation. Speaking to ship.energy today (17 June), Michał Wójtowicz from the company’s bunker department said that the Kobe Pioneer arrived in Poland from Singapore in late November, and the Yokohama Pioneer started in mid-December.
- [Vertoro closes €17 million Series B funding to scale lignin-based fuel technology](https://ship.energy/energy/vertoro-closes-e17-million-series-b-funding-to-scale-lignin-based-fuel-technology/): Vertoro, the Netherlands-based company developing technology to convert plant-based residues into renewable oil, has announced the first closing of its €17 million Series B round. Key investors include Climate Tech Partners, Invest-NL, and Maersk, while further contributions have come from Energietransitiefonds Rotterdam, LIOF, SHIFT and Chemelot Ventures, Vertoro said in a statement today (17 June).
- [ABL joins study to identify energy efficiency opportunities in Kenya’s maritime sector](https://ship.energy/energy/abl-joins-study-to-identify-energy-efficiency-opportunities-in-kenyas-maritime-sector/): A new study, commissioned by the Danish Maritime Authority as part of the on-going Strategic Sector Cooperation Program on Maritime Affairs between Kenya and Denmark, will contribute to the creation of a baseline of current energy use and technological readiness and support the development of Kenya’s forthcoming action plan for maritime emissions. ‘Our study will
- [Molgas looking to do more LNG bunkering in Palermo after successful ferry spot delivery](https://ship.energy/information/molgas-looking-to-do-more-lng-bunkering-in-palermo-after-successful-ferry-spot-delivery/): Molgas Energy Group has informed ship.energy that it aims to develop a recurring LNG bunkering service at the Port of Palermo on the island of Sicily, Italy, following a successful spot delivery there last week. Alexandros Lagakos, Managing Director – Southern Europe at Molgas Energy Group, told ship.energy that the ferry which received last week's
- [UK announces new raft of sanctions against Russia](https://ship.energy/information/uk-announces-new-raft-of-sanctions-against-russia/): The UK Government has published details of 70 new sanctions targeting Russian’s shadow fleet, as well the country’s financial networks and military procurement supply chains. Twenty oil tankers have been added to the sanctions list as have ship insurers and companies providing shipping services. Four vessels involved in the transport of LNG to third countries
- [Port of Los Angeles reports 17% y-o-y increase in May cargo volume](https://ship.energy/policy/ports/port-of-los-angeles-reports-17-y-o-y-increase-in-may-cargo-volume/): The 840,165 twenty-foot equivalent units (TEU) processed by the Port of Los Angeles last month marked a 17% increase on May 2025. Loaded imports totalled 449,370 TEU, a 26% increase compared to last year. The comparison was aided by softer import volume in May 2025, when many cargo owners temporarily paused shipments amid changing tariff policies.
- [RINA providing safety assessment for Indonesia’s H2WATT Hydrogen Hub](https://ship.energy/energy/rina-providing-safety-assessment-for-indonesias-h2watt-hydrogen-hub/): Italy-headquartered inspection and certification group RINA has been awarded a contract to deliver safety assessment services for the Green Hydrogen Hub Project H2WATT in Indonesia. Led by PLN Puslitbang, the research and development arm of Indonesia’s state-owned electricity company PT PLN (Persero), the project aims to supporting the development of a low-carbon energy framework through
- [Fujairah bunker sales down by more than 23% m-o-m in May](https://ship.energy/energy/fujairah-bunker-sales-down-by-more-than-23-m-o-m-in-may/): Marine fuel sales in Fujairah have continued to decline, with May’s total showing a decrease of more than 23% on the previous month. According to new statistics from S&P Global Commodity Insights in collaboration with the Fujairah Oil Industry Zone (FOIZ) and the Port of Fujairah, the combined volume for all fuel oil and marine
- [Enova awards NOK 1.3 billion to 10 zero emissions ship projects](https://ship.energy/information/enova-awards-nok-1-3-billion-to-10-zero-emissions-ship-projects/): Norway’s innovation fund Enova has announced that it will award NOK 1.3 billion (approximately $137 million) to support the construction of 10 new zero emissions vessels. In a Norwegian statement issued today (16 June 2026) by Enova and translated by ship.energy, the body said the funding would be split between six battery powered vessels and
- [Oilmar establishes Board of Directors](https://ship.energy/information/oilmar-establishes-board-of-directors/): Bunker trader Oilmar has announced the establishment of its Board of Directors. In a statement issued today (16 June), the Dubai-based company said the new Board has been established to provide ‘strategic direction, oversee risk management and governance matters’, as well as support growth across its global operations. The new Board comprises three Directors. It
- [Bunker Holding reports ‘strong’ 2025/2026 performance with a $424 million gross profit](https://ship.energy/information/bunker-holding-reports-strong-2025-2026-performance-with-a-424-million-gross-profit/): Bunker Holding has today announced that it made a gross profit of $424 million and a profit before tax of $73 million for the financial year 2025/2026. In a statement sent to ship.energy this morning, Bunker Holding said that these results ‘exceeded the Group's expectations for the year’ and were achieved ‘despite continued uncertainty across
- [Maritec-Naias flags up high cat fines content in Singapore-supplied VLSFO](https://ship.energy/information/maritec-naias-flags-up-high-cat-fines-content-in-singapore-supplied-vlsfo/): Maritec-Naias says that between 20 May and 2 June five samples of very low sulphur fuel oil (VLSFO) from two bunker suppliers at the Port of Singapore showed Aluminium and Silicon (Al+Si) concentrations ranging from 61 mg/kg to 68 mg/kg, while during the same period 15 VLSFO samples registered elevated Acid Numbers, ranging from 2.0
- [Eitzen Group orders 900 TEU fully electric boxship pair](https://ship.energy/technology/eitzen-group-orders-900-teu-fully-electric-boxsihp-pair/): Oslo-based Eitzen Group has announced the order of two 900 TEU (twenty-foot equivalent unit) fully electric containerships through its subsidiary, Zen. Scheduled for delivery in Q3 2028 and Q4 2028, respectively, the vessels will be built at China’s Zhejiang Dongpeng Shipbuilding & Repairing Co. The vessels are expected to operate on Northern European trade corridors
- [SunGas Renewables to cease development of Beaver Lake Biofuels project citing slow adoption of low-carbon marine fuels](https://ship.energy/information/sungas-renewables-to-cease-development-of-beaver-lake-biofuels-project-citing-slow-adoption-of-low-carbon-marine-fuels/): SunGas Renewables has announced that it will cease further development on the Beaver Lake Biofuels project, citing a combination of factors including slower-than-expected market adoption of low-carbon marine fuels. The Beaver Lake Biofuels project was a proposed wood fibre-to-low carbon methanol facility in Central Louisiana near Alexandria. The project was expected to produce approximately 553,000
- [CPN bunker barge becomes first vessel listed on new MFM scheme in Hong Kong](https://ship.energy/information/cpn-bunker-barge-becomes-first-vessel-listed-on-new-mfm-scheme-in-hong-kong/): Chimbusco Pan Nation (CPN) has announced that its bunker barge, Zhong Ran 23, has become the first vessel in Hong Kong listed on the Marine Department’s (MD) official List of Quality Bunker Vessels under the Quality Bunker Operator Scheme. Launched earlier this month, the scheme aims to encourage bunker operators to install and use Mass Flow Meter
- [BV advances ultrasonic weld inspection for LNG-fuelled vessels](https://ship.energy/energy/bv-advances-ultrasonic-weld-inspection-for-lng-fuelled-vessels/): Bureau Veritas (BV) has announced that it has developed and approved a semi-automated phased array ultrasonic testing (PAUT) solution, which enables the replacement of radiographic testing (RT) for thin-wall austenitic stainless steel piping welds on LNG-fuelled vessels. In a statement issued today (16 June), BV said that, traditionally, these welds present specific technical challenges due
- [Catfines and sediment issues driving increase in 2026 bunker alerts, says VPS’ Bee](https://ship.energy/information/catfines-and-sediment-issues-driving-increase-in-2026-bunker-alerts-says-vps-bee/): Since the start of the Middle East conflict in late February, fuel testing specialist VPS has issued 20 alerts on marine fuel quality, with catfines and sediment-related issues seen as the main causes, says VPS Group Marketing & Strategic Projects Director, Steve Bee. Speaking to ship.energy, Bee said the number of bunker alerts was unusually
- [Molgas completes first LNG bunkering operation at the Port of Palermo](https://ship.energy/information/molgas-completes-first-lng-bunkering-operation-at-the-port-of-palermo/): Molgas Energy Group has announced that it has completed the first LNG bunkering operation at the Port of Palermo, on the island of Sicily, Italy. In a statement released on LinkedIn today (16 June), Molgas has said three trucks were used to make the LNG delivery to a ferry last week. The operation is reported
- [Panama bunker sales slip to 8-month low](https://ship.energy/energy/panama-bunker-sales-slip-to-8-month-low/): The 394,655 metric tonnes (mt) of marine fuel sold in Panama last month was the lowest monthly total since September 2025. Sales of very low sulphur fuel oil (VLSFO) fell from 276,907 mt in May 2025 to 246,449 mt in May 2026 - a year-on-year (y-o-y) decline of 11%. For the first time since November
- [Ulstein Digital launches AI-powered compliance tools](https://ship.energy/information/ulstein-digital-launches-ai-powered-compliance-tools/): Ulstein Digital has launched two AI-powered solutions to automate environmental compliance: one for EU/UK Monitoring, Reporting and Verification (MRV) and Emissions Trading System (ETS), and another for nitrogen oxide (NOx) quarterly reporting in Norwegian waters. In a statement sent to ship.energy today (16 June), Ulstein Digital said that both solutions connect directly to data sources
- [Newly-signed Pacific Blue Shipping Partnership Charter aims to support decarbonisation across Oceania](https://ship.energy/information/newly-signed-pacific-blue-shipping-partnership-charter-aims-to-support-decarbonisation-across-oceania/): Ministers from seven nations – Fiji, the Federated States of Micronesia, Kiribati, Naoero, the Republic of the Marshall Islands, Tuvalu and Vanuatu – last week signed the Pacific Blue Shipping Partnership (PBSP) Charter through which they aim to ‘catalyse a regional transition to sustainable, resilient, and low carbon shipping’. In a statement issued on Friday
- [Sallaum Lines orders dual fuel LNG, ammonia-ready PCTCs in China](https://ship.energy/energy/sallaum-lines-orders-dual-fuel-lng-ammonia-ready-pctcs-in-china/): Sallaum Lines has signed a shipbuilding contract with China’s Xiamen Shipbuilding Industry Co. (XSI) for two dual-fuel LNG pure car and truck carriers (PCTC) that will be ammonia-ready. The order comes with an option for an additional two vessels, the Cyprus-based company said in a statement today (15 June). The 8,600 CEU (car equivalent unit)
- [UK forces intercept suspected Russian shadow fleet vessel in English Channel](https://ship.energy/information/uk-forces-intercept-suspected-russian-shadow-fleet-vessel-in-english-channel/): In the first UK-led operation of its kind, Royal Marine Commandos and representatives of the National Crime Agency boarded the Smyrtos on 15 June in international waters in the English Channel and the vessel is now being held off the UK South Coast as investigations continue. According to the UK Ministry of Defence, the military
- [US-Iran peace deal edges closer but clarity needed on agreement details](https://ship.energy/information/us-iran-peace-deal-edges-closer-but-clarity-needed-on-agreement-details/): US President Trump has announced the end of hostilities with Iran, with a formal peace agreement to be signed in Geneva on Friday (19 June), but the full text of the agreement has still to be released, Israel’s stance on the deal remains unclear, and the opening of the Strait of Hormuz and the resumption
- [Fincantieri delivers LNG dual-fuelled cruise ship to TUI Cruises](https://ship.energy/energy/fincantieri-delivers-lng-dual-fuelled-cruise-ship-to-tui-cruises/): The LNG dual-fuelled Mein Schiff Flow has been delivered to TUI Cruises at Fincantieri’s Monfalcone shipyard in Italy. In a statement issued on Friday (12 June), Fincantieri said that the vessel is the second of two next-generation dual-fuelled InTUItion class cruise ships. The ship is equipped with catalytic converters compliant with Euro 6 standards; a
- [PowerCon contracted to install shore power facility for cruise ships at Port of Skagen](https://ship.energy/technology/powercon-contracted-to-install-shore-power-facility-for-cruise-ships-at-port-of-skagen/): Denmark’s Port of Skagen has signed a contract with PowerCon A/S for the delivery of a new shore power facility for cruise ships. In a statement issued last week, the port said the facility will be ‘among the most advanced of its kind’. The facility will be installed at Quay 9, the cruise berth, and
- [Everllence lands first order for next-gen dual fuel methane engine](https://ship.energy/energy/everllence-lands-first-order-for-next-gen-dual-fuel-methane-engine/): Everllence has announced that its Everllence B&W ME GI (-Gas Injection) Mk10.7 dual fuel methane engine has been selected for four car carriers ordered by Norwegian shipowner Global Car Carriers (GCC). The order comprises 4 × 6S60ME GI Mk10.7 engines – to be built by CSSC Engine Co. in Qingdao, China – that will be
- [WinGD completes FAT for ammonia-fuelled engine](https://ship.energy/energy/wingd-completes-fat-for-ammonia-fuelled-engine/): WinGD has completed the Factory Acceptance Test (FAT) on its ammonia-fuelled X72DF-A engine. In a statement sent to ship.energy today (15 June), WinGD said that the testing was conducted at CSSC Engine’s (CSE) facilities in China and witnessed by Lloyd’s Register (LR), American Bureau of Shipping (ABS) and China Classification Society (CCS). The FAT certification
- [Port of Singapore sees 6.8% y-o-y decline in May bunker sales](https://ship.energy/energy/port-of-singapore-sees-6-8-y-o-y-decline-in-may-bunker-sales/): Sales of marine fuel (including alternative bunkers) at the world’s largest bunker hub fell 6.8% year-on-year (y-o-y), from 4,878,100 metric tonnes (mt) in May 2025 to 4,548,400 mt last month. May’s total, was however, 4.5% up on the 4,351,400 mt that was recorded in April, data published by the Maritime and Port Authority of Singapore
- [NYK, Yanmar and ENEOS installing hydrogen fuel cell system on dining cruise ship](https://ship.energy/energy/nyk-yanmar-and-eneos-installing-hydrogen-fuel-cell-system-on-dining-cruise-ship/): Nippon Yusen Kabushiki Kaisha (NYK), Yanmar Power Solutions and ENEOS Corporation (ENEOS) will be installing a hydrogen fuel cell system on a new dining cruise ship scheduled to enter service in 2027. In a statement issued today (15 June), NYK said the hydrogen fuel cell system will be designed by Yanmar and integrated into the
- [Capital Clean Energy Carriers Corp. and CMA CGM form JV to build and operate 20,000 cbm LNGBV](https://ship.energy/energy/capital-clean-energy-carriers-corp-and-cma-cgm-form-jv-to-build-and-operate-20000-cbm-lngbv/): Athens-based Capital Clean Energy Carriers Corp. has marked its entry into the LNG bunkering market with the formation of a 50:50 joint venture (JV) company with CMA CGM for the purpose of constructing, chartering, and operating one 20,000 cbm dual-fuel LNG bunkering vessel (LNBV). In connection with the transaction, the JV has entered into a shipbuilding
- [Seaspan takes delivery of dual-fuel LNG PCTC](https://ship.energy/energy/seaspan-takes-delivery-of-dual-fuel-lng-pctc/): Seaspan Corporation has announced that the first vessel in its series of 10,800 CEU (car equivalent unit) dual-fuel LNG pure car and truck carriers (PCTC) newbuilds, the Glovis Lighthouse, has embarked on its maiden voyage. Developed in collaboration with Hyundai Glovis, the vessel features 14 decks, including four liftable decks, and hoistable ramp systems that
- [Norwegian Energy Trading AS renews ISCC EU certification as it reports growth in biofuels trading volumes](https://ship.energy/information/norwegian-energy-trading-as-renews-iscc-eu-certification-as-it-reports-growth-in-biofuels-trading-volumes/): Norwegian Energy Trading AS has renewed its International Sustainability and Carbon Certification EU (ISCC EU). According to ISCC audit documentation, this certification means the company can trade final products (likely biofuels) derived from feedstocks including palm oil mill effluent sourced from Malaysia and Indonesia, as well as used cooking oil from China, in compliance with
- [St1 and St1 Biokraft looking to start LBG bunkering in Gothenburg during 2027](https://ship.energy/information/st1-and-st1-biokraft-looking-to-start-lbg-bunkering-in-gothenburg-during-2027/): Sources have informed ship.energy that, following the start of construction on Nordion Energi’s new liquefied biogas (LBG) facility at the Port of Gothenburg, St1 and St1 Biokraft are now looking to start commercial LBG bunkering during 2027. As previously reported, construction on the liquefaction plant began in mid-April and is expected to be completed first
- [Kinkai Yusen conducting biofuel bunkering demonstration at Hakata on Tuesday](https://ship.energy/energy/kinkai-yusen-conducting-biofuel-bunkering-demonstration-at-hakata-on-tuesday/): Japan’s Kinkai Yusen has announced that a demonstration bunker delivery of B24 biofuel will made to the Ro-Ro vessel Nanotsu at Hakata Port on Tuesday next week (16 June). The Nanotsu is an 8,348 gross tonne vessel operating on the Hakata Port–Tsuruga Port route. The demonstration bunker delivery is set to begin at 16:30 local
- [EC unveils ‘first-ever’ EU strategies for islands and coastal communities](https://ship.energy/information/ec-unveils-first-ever-eu-strategies-for-islands-and-coastal-communities/): The European Commission (EC) has adopted two dedicated strategies, one for EU islands and one for EU coastal communities, which it says will together ‘set out for the first time a coordinated European approach to support both types of territories and unlock their long-term potential’. In a statement issued on Wednesday (10 June), the EC
- [Hong Kong Marine Department launching alternative fuel-related incentive schemes](https://ship.energy/energy/hong-kong-marine-department-launching-alternative-fuel-related-incentive-schemes/): The Marine Department of Hong Kong announced today (12 June) that it will be launching two new incentive schemes aimed at encouraging more vessels to bunker alternative maritime fuels. The Port Dues Incentive Scheme for Green Maritime Fuel-related Vessels and the Green Vessels Registration Incentive Scheme will be launched on Tuesday (16 June) for a
- [Vard to build hybrid electric stern trawler for Rosund Drift](https://ship.energy/technology/vard-to-build-hybrid-electric-stern-trawler-for-rosund-drift/): Fincantieri’s Norway-based subsidiary Vard has signed a contract for the design and construction of a hybrid electric stern trawler for the Norwegian fishing company Rosund Drift AS. In a statement issued yesterday (11 June), Fincantieri said that the vessel will be based on the Vard 8 02 design and feature advanced hybrid propulsion and energy
- [AtoB@C Shipping takes delivery of penultimate plug-in hybrid newbuild](https://ship.energy/technology/atobc-shipping-takes-delivery-of-penultimate-plug-in-hybrid-newbuild/): ESL Shipping subsidiary AtoB@C Shipping has taken delivery of Megamar, the eleventh vessel in its 12-strong series of 5,400 DWT plug-in hybrid newbuildings. Built at Chowgule & Company in India, Megamar is equipped with battery technology and shore power connectivity. The vessel was handed over on Wednesday (10 June) and will soon begin its maiden
- [Odessos Shiprepair Yard joins Green Marine Europe](https://ship.energy/policy/odessos-shiprepair-yard-joins-green-marine-europe/): Bulgaria’s Odessos Shiprepair Yard S.A. has joined environmental certification program Green Marine Europe. Located at the southern end of Varna, the yard operates an integrated industrial infrastructure combining dry-docking and quay repair capabilities. Its facilities include one dry dock, two floating docks, quay berths, specialised workshops and in-house engineering capabilities. In a statement issued yesterday (11
- [MERC launches new ship energy efficiency and decarbonisation technologies research programme](https://ship.energy/information/merc-launches-new-ship-energy-efficiency-and-decarbonisation-technologies-research-programme/): The Maritime Emissions Research Centre (MERC) has launched a new programme that combines research, real-world pilot projects and data management applications development to help reduce greenhouse gas emissions from the existing global shipping fleet. Launched at Posidonia, Athens-based MERC said the programme is designed to close the gap between theoretical solutions and operational reality, supporting
- [Boxship containers fall onto bunker vessel in Antwerp](https://ship.energy/policy/ports/boxship-containers-fall-onto-bunker-vessel-in-antwerp/): Four containers fell onto a bunker vessel during container handling operations in Antwerp earlier this week. In a statement sent to ship.energy today, a DP World spokesperson confirmed that there were no injuries following the incident, which occurred at the quay of Antwerp Gateway terminal at the Deurganck dock in the Port of Antwerp Bruges on Tuesday
- [Ports of Barcelona and Shanghai to partner on alternative marine fuels development](https://ship.energy/information/ports-of-barcelona-and-shanghai-to-partner-on-alternative-marine-fuels-development/): The Port of Barcelona, the Shanghai Municipal Transportation Commission (SMTC) and Shanghai International Port Group (SIPG) have signed a strategic agreement that will see them boost cooperation in developing green ports and alternative fuels. The agreement, signed today (11 June), officially establishes the ‘sister ports’ relationship between Shanghai and Barcelona, the Spanish port said in
- [Tanker engine room fire reported off Oman](https://ship.energy/energy/tanker-engine-room-fire-reported-off-oman/): As hostilities intensify again between the U.S. and Iran, the UK Maritime Trade Operations (UKMTO) agency says it has received a report of an engine room fire onboard a tanker positioned 21 nautical miles north-east of Sohar, Oman. According to the UKMTO, there are no reports of any environmental impact resulting from the fire. Meanwhile,
- [BIMCO to develop Russian tanker resale restriction clause in response to impact of EU sanctions](https://ship.energy/information/bimco-to-develop-russian-tanker-resale-restriction-clause-in-response-to-impact-of-eu-sanctions/): BIMCO has launched a project to develop a Russian tanker resale restriction clause, saying the EU's 20th sanctions package is having an immediate impact on tanker sale and purchase transactions. Adopted on 23 April 2026, the EU’s 20th sanctions package includes mandatory due diligence and contractual requirements for EU sellers of tankers. In an announcement
- [Port of Rotterdam flags autonomous shipping milestone](https://ship.energy/technology/port-of-rotterdam-flags-autonomous-shipping-milestone/): The Port of Rotterdam Authority and partners within the European MAGPIE project have completed a demonstration showing how an inland vessel can sail independently from one terminal to another in a busy port. In a statement issued today (11 June), the European bunker hub port said that HTS Group’s MS Letitia sailed from Amaliahaven on the Maasvlakte
- [Rotterdam study identifies challenges for port calls by nuclear-powered merchant ships](https://ship.energy/information/rotterdam-study-identifies-challenges-for-port-calls-by-nuclear-powered-merchant-ships/): A new study, carried out through a joint development project involving Lloyd’s Register, the Port of Rotterdam Authority, CORE POWER and A.P. Moller – Maersk, finds that the key barriers to nuclear ship port calls are not technical but relate to regulatory alignment, governance, risk management integration and public acceptance. The study, Enabling Nuclear-Powered Feeder
- [New BIMCO time charter clause provides ‘clear framework’ for the safe use of biofuel](https://ship.energy/information/new-bimco-time-charter-clause-provides-clear-framework-for-the-safe-use-of-biofuel/): BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges associated with fuel quality, engine compatibility and liability, and the respective obligations of owners and charterers. ‘The Biofuel Clause for Time Charter Parties will support the industry’s transition to low-carbon fuels. The clause is the product of thorough consideration
- [Sea Cargo Charter signatories’ alignment with IMO climate goals has ‘stabilised’, but sustained progress will be ‘difficult’ without global regulation](https://ship.energy/information/sea-cargo-charter-signatories-alignment-with-imo-climate-goals-has-stabilised-but-sustained-progress-will-be-difficult-without-global-regulation/): The newly-released Sea Cargo Charter Annual Disclosure Report has indicated that the 32 charterers, shipowners, and operators supporting the initiative are on average 11.6% behind the IMO’s minimum trajectory for climate goals, which was a slight improvement on 2024’s 12.2%. In a statement sent to ship.energy today (11 June), the Global Maritime Forum (which produced the
- [Royal Caribbean takes delivery of dual-fuel LNG Legend of the Seas](https://ship.energy/energy/royal-caribbean-takes-delivery-of-dual-fuel-lng-legend-of-the-seas/): Royal Caribbean has welcomed its third LNG dual-fuel Icon Class ship, Legend of the Seas. In a statement issued today (11 June), the cruise group confirmed that the vessel, which was built at the Meyer Turku shipyard in Turku, Finland, is ‘now ready to make its July 2026 European debut.’ The cruise ship will soon journey from
- [New European partnership will focus on vessel retrofit technologies](https://ship.energy/information/new-european-partnership-will-focus-on-vessel-retrofit-technologies/): The FIT-HORIZONS project, supported by nearly €4 million in EU funding, brings together 19 researchers, universities, software developers, and technology providers from across Europe to accelerate the uptake of vessel retrofit solutions using advanced simulation tools, AI-supported modelling, and operational data. ‘Shipping needs practical pathways to decarbonisation now, not only in the future. FIT-HORIZONS will
- [AI-formulated, fuel-saving CTV vessel design unveiled](https://ship.energy/technology/ai-formulated-fuel-saving-ctv-vessel-design-unveiled/): Compute Maritime, the deep tech company behind the world’s first AI platform for ship design, NeuralShipper, has developed a crew transfer vessel (CTV) design which it says saves 101,671 litres of fuel and 258.7 tonnes of CO2 per vessel every year compared with a conventional baseline. The design was produced by a consortium comprising a range
- [LD Armateurs launches latest Ro-Ro vessel chartered to Airbus](https://ship.energy/information/ld-armateurs-launches-latest-ro-ro-vessel-chartered-to-airbus/): LD Armateurs has announced the launching of Spirit of Mobile, the second vessel in the new generation of Ro-Ro ships owned by the group and chartered to Airbus. The vessel, which was launched on Saturday (6 June) at Wuchang Shipyard (CSSC Group), will be equipped with six 35-metre Norsepower rotor sails, along with dual-fuel engines capable of operating on e-/bio-methanol or marine gasoil (MGO).
- [Agastya ramping up green methanol production, supply and bunkering activities in India and Sri Lanka](https://ship.energy/energy/agastya-ramping-up-green-methanol-production-supply-and-bunkering-activities-in-india-and-sri-lanka/): Agastya Green Fuels has announced new agreements which it says will position India’s Andhra Pradesh as ‘a global hub for sustainable marine fuels and green industrial products’, and also ‘create a new green maritime energy corridor connecting India and Sri Lanka’. In a statement issued on LinkedIn earlier this week, Agastya Green Fuels reported that
- [Pooling in practice](https://ship.energy/energy/pooling-in-practice/): The first annual emissions reporting and verification period for FuelEU Maritime (FEUM) closed on 30 April this year. The end of this element of the compliance process offers an opportunity to take stock of how vessel pooling, which enables under-compliant ships within a pool to achieve compliance by securing surplus from over-compliant vessels, has worked
- [Research vessel hydrogen fuel cell retrofit secures LR certification](https://ship.energy/energy/research-vessel-hydrogen-fuel-cell-retrofit-secures-lr-certification/): The UK-flagged research vessel Prince Madog has received certification for a hydrogen fuel cell retrofit, following approval by Lloyd’s Register (LR) under its ShipRight Risk Based Certification (RBC) framework, which provides an assurance route for technologies that fall outside traditional regulatory frameworks. The project, undertaken by vessel owner O.S. Energy’s Naval Architecture and R&D office
- [IMO Secretary-General speaks out against Strait of Hormuz vessel transits](https://ship.energy/information/imo-secretary-general-speaks-out-against-strait-of-hormuz-vessel-transits/): The Secretary-General of the International Maritime Organization, Arsenio Dominguez, has warned vessels not to attempt transits of the Strait of Hormuz, saying that ‘no commercial or operational consideration can justify exposing seafarers to such levels of danger.’ In a statement issued yesterday (9 June), he expressed his concern that vessels are continuing to try such
- [Stade floating LNG terminal set for September launch](https://ship.energy/energy/stade-floating-lng-terminal-set-for-september-launch/): Deutsche Energy Terminal GmbH (DET) has announced that, after experiencing challenges during the construction of the floating Stade LNG terminal, the facility is scheduled to begin operations in September and there is now ‘a clear roadmap toward the first LNG delivery.’ The floating storage and regasification unit (FSRU) Energos Force, which will operate at the
- [Baleària Canarias completes milestone LNG bunkering operation in Las Palmas](https://ship.energy/energy/balearia-canarias-completes-pioneering-lng-bunkering-operation-in-las-palmas/): Baleària Canarias has announced that its newly delivered fast ferry Mercedes Pinto has become the first vessel to be fuelled with LNG in the Port of Las Palmas. The multi truck-to-ship bunkering took place on Monday (8 June) night at the Juan Sebastián Elcano dock, Baleària Canarias said in a statement yesterday. ‘With this supply operation, Baleària
- [First B100 bunkering of a tanker in Hong Kong for CPN](https://ship.energy/energy/first-b100-bunkering-of-a-tanker-in-hong-kong-for-cpn/): Chimbusco Pan Nation (CPN) has wrapped up its first B100 marine biodiesel bunkering of a tanker in Hong Kong. The operation, which was completed on Monday (8 June), saw the TORM CORRIDO fuelled by CPN's dedicated bunker tanker Guo Si, which has been fully upgraded in compliance with the IMO IBC Code and Hong Kong Cap. 413E. As previously
- [Vitol advances refinery ESG rollout while shipping fleet beats IMO carbon intensity target, 2025 ESG Report reveals](https://ship.energy/information/vitol-advances-refinery-esg-rollout-while-shipping-fleet-beats-imo-carbon-intensity-target-2025-esg-report-reveals/): Vitol's 2025 ESG Report has detailed the group’s progress in delivering its ESG strategy across portfolio refineries. According to the report, the group’s shipping fleet also continued to exceed the International Maritime Organization's (IMO) carbon intensity targets. The report details the completion of phase one of Vitol’s Refinery Operations Management System, which translates the group’s
- [EC rolls out €1.5 billion Battery Booster Facility](https://ship.energy/energy/ec-rolls-out-e1-5-billion-battery-booster-facility/): A new Battery Booster Facility, formally launched by the European Commission (EC) yesterday (9 June), is intended to ramp up battery production Europe for electric vehicles, although the EC announcement highlights that ‘off takers may use the [battery technology] for other purposes.’ The €1.5 billion facility will be supported by EU Emissions Trading System (ETS)
- [Bunkering services targeted in EU’s next sanctions package against Russia](https://ship.energy/information/bunkering-services-targeted-in-eus-next-sanctions-package-against-russia/): The European Union’s proposed 21st sanctions package against Russia will, for the first time, apply to bunker vessels that supply the shadow fleet, and the package also seeks to pause the adjustment mechanism in the oil price cap until January 2027 as well as targeting oil traders in third countries. Announcing details of the next
- [MOL and Japan Airlines teaming up on ‘Seaglider’ vessels](https://ship.energy/technology/mol-and-japan-airlines-teaming-up-on-seaglider-vessels/): Mitsui O.S.K. Lines (MOL) will be working with Japan Airlines Co., Ltd. (JAL) and Lloyd's Register on plans to support the development and commercialisation of REGENT Craft Inc.’s Seaglider vessel. In a statement issued today (10 June), MOL said that the Seagliders are ‘fully electric next-generation vehicles that combine the characteristics of maritime vessels
- [Gasum secures long-term LNG capacity at Klaipeda terminal ](https://ship.energy/energy/gasum-secures-long-term-lng-capacity-at-klaipeda-terminal/): Nordic energy company Gasum has announced it has secured LNG terminal capacity at the Klaipeda LNG terminal in Lithuania for the period 2033–2040. The state-owned energy company was one of five customers to book long-term capacity at the terminal along with Lithuania’s Ignitis AB, Latvia’s Latvenergo AS, Norway’s Equinor ASA, and Ukraine’s Naftogaz. In a statement
- [Exmar takes delivery of world’s first ammonia dual-fuel oceangoing vessel](https://ship.energy/energy/exmar-takes-delivery-of-worlds-first-ammonia-dual-fuel-oceangoing-vessel/): Belgium-based Exmar has announced the delivery of the MGC Antwerpen, the world’s first oceangoing vessel powered by a dual-fuel ammonia engine. Developed in collaboration with HD Hyundai Heavy Industries, WinGD, Nord Gas Solutions (formerly Wärtsilä Gas Solutions), and Lloyd’s Register, the Antwerpen is a mid-size gas carrier capable of carrying up to 46,000 cubic metres (cbm) of ammonia or
- [ABS issues AiP for battery hybrid ultra-large container ship design](https://ship.energy/technology/abs-issues-aip-for-battery-hybrid-ultra-large-container-ship-design/): ABS has issued an approval in principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) for the electrical analysis and electrical design of a proposed 16,000-TEU ultra-large container ship with a battery hybrid system. The classification society has been working on this vessel design with HD
- [Keel laying of Gasum-Sirius Shipping JV’s new LNG bunker barge](https://ship.energy/energy/keel-laying-of-gasum-sirius-shipping-jvs-new-lng-bunker-barge/): The keel has been laid on a new 7,800 cubic metre (cbm)-capacity LNG bunker vessel (LNGBV) that will be owned by a joint venture between Gasum and Swedish shipping company Sirius Shipping. As previously reported by ship.energy, the vessel, Celsius, is being built by RMK Marine yard in Istanbul Turkey. ‘With this important milestone, construction of the 112.90-metre Celsius has
- [Trident Aqua Services battery hybrid pair to support Hofseth’s aquaculture operations](https://ship.energy/technology/trident-aqua-services-battery-hybrid-pair-to-support-hofseths-aquaculture-operations/): Trident Aqua Services has entered into an agreement with Norwegian seafood group Hofseth for the delivery and operation of two new battery hybrid vessels for the latter’s aquaculture operations. In a statement sent to ship.energy this morning, Norway-headquartered Trident said the new vessels, Multi Storfjord and Multi Navigator, have been designed by Solstrand Trading and built at Sletta
- [Verde Marine Energy now fully RED III compliant](https://ship.energy/energy/verde-marine-energy-now-fully-red-iii-compliant/): Netherlands-based fuel supplier Verde Marine Energy BV (VME) has announced that it has renewed its International Sustainability and Carbon Certification for the European Union (ISCC EU) and it is now fully compliant with the EU’s RED III renewable energy directive. In a notice posted on LinkedIn today (9 June), the company said: ‘With our certification
- [Milestone LNG bunkering in Hokkaido](https://ship.energy/energy/milestone-lng-bunkering-in-hokkaido/): The Ritz-Carlton Yacht Collection’s LUMINARA recently became the first international cruise ship to be bunkered with LNG in Hokkaido, Japan. The operation saw Mitsui O.S.K. Lines’ (MOL) subsidiary MOL Techno-Trade, in collaboration with Hokkaido Gas Co., supply the vessel with LNG at Wakamatsu Pier in the Port of Hakodate last month. ‘This bunkering operation was conducted via the truck-to-ship
- [TMD Energy extends MoA with Double Corporate to advance green bioenergy collaboration](https://ship.energy/energy/md-energy-extends-moa-with-double-corporate-to-advance-green-bioenergy-collaboration/): Malaysia and Singapore-based bunker supplier TMD Energy Limited has announced a two-year extension of its Memorandum of Agreement (MoA) with bioenergy firm Double Corporate Sdn Bhd to explore strategic collaboration for EU and Asian markets. Initially signed on last June, the MoA establishes a framework for a proposed collaboration on sustainable bioenergy fuel solutions by both
- [DNV grants Type Approval for bound4blue Model 3-24 eSAIL](https://ship.energy/energy/dnv-grants-type-approval-for-bound4blue-model-3-24-esail/): bound4blue has received Type Approval Design Certification (TADC) from DNV for its Model 3-24 eSAIL, its largest and most powerful installed suction sail. bound4blue’s Model 3 range is designed for larger vessels, with units ranging from 24 metres to 36 metres in height. The Model 3-24 is the first of the new design to be
- [Just one in four shipping companies make top grade in new ESG maturity index, finds LR report](https://ship.energy/information/just-one-in-four-shipping-companies-make-top-grade-in-new-esg-maturity-index-finds-lr-report/): A new report from Lloyd’s Register (LR) Advisory detailing ESG maturity in the global shipping industry has found that only 25% of companies surveyed have reached the top grade. The Measuring ESG Maturity in Maritime report details findings from LR’s Maritime ESG Maturity Index. The index assessed publicly available data (fiscal 2023 to 2024) and
- [ABS: ‘There is a clear direction set by the IMO, but the pathway forward has become increasingly complex for the industry’](https://ship.energy/policy/abs-there-is-a-clear-direction-set-by-the-imo-but-the-pathway-forward-has-become-increasingly-complex-for-the-industry/): In an ‘open letter to the industry’ issued yesterday (8 June), ABS set out what it described as a ‘measured and data-driven approach to support the development of an effective global framework for maritime decarbonisation’. The classification society said that the document, titled The ABS View: A Practical Path Forward on IMO Mid-Term Measures, ‘reflects broad alignment
- [Acta Marine takes delivery of latest methanol dual-fuel CSOV newbuild](https://ship.energy/energy/acta-marine-takes-delivery-of-latest-methanol-ready-csov-newbuild/): Netherlands-based Acta Marine has announced the delivery of the Acta Gemini, its latest methanol dual-fuel Walk-to-Work (W2W) DP2 Construction Service Operation Vessel (CSOV). The vessel is the third in a series of four newbuilds being built at Tersan Shipyard, Yalova Türkiye. As previously reported by ship.energy, the first vessel in the series, Acta Pegasus, was delivered in
- [Anemoi and partners conclude JDP for integrating rotor sails in MR tanker design](https://ship.energy/energy/anemoi-and-partners-conclude-jdp-for-integrating-rotor-sails-in-mr-tanker-design/): Anemoi Marine Technologies has announced that it has concluded a joint development project (JDP) with industry partners that integrates its rotor sails into the design of a medium-range (MR) tanker. In a statement sent to ship.energy today (9 June), Anemoi said that the design was developed with Guangzhou Shipyard International (GSI) and ship operator Hafnia,
- [Shore power shifting from ‘voluntary energy-saving measure to compliance requirement,’ finds new DNV white paper](https://ship.energy/technology/shore-power-shifting-from-voluntary-energy-saving-measure-to-compliance-requirement-finds-new-dnv-white-paper/): In a new white paper published during Posidonia in Athens today (4 June), classification society DNV has found that shore power is ‘shifting from a local environmental measure to a key operational and regulatory consideration for shipowners’. Delving into the statistics, the white paper cites analysis which suggests that shore power ‘could reduce global fleet
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## Conference Extra Pages
- [BunkerExperience Panama](https://ship.energy/conference-extra/bunkerexperience-panama26/): BunkerExperience Panama 19-21 May 2026 Abastecimiento de combustible en Panamá: Más allá de la teoría Obtenga una visión práctica y directa de las operaciones reales de abastecimiento de combustible, el cumplimiento normativo y la gestión de riesgos en uno de los centros de bunkering más exigentes del mundo. El curso BunkerExperience, de tres días y
- [Site Visits](https://ship.energy/conference-extra/nbmf26-site-visits/): Site Visits Delegates may participate in optional off-site visits to selected maritime technology and research facilities, shipyards, and port operations. 1 Monday, 23 March | 08:00 – 16:30 P2X Solutions renewable hydrogen production plant P2X Solutions operates Finland’s first industrial scale renewable hydrogen production plant in Harjvalta, Western Finland. The plant, which opened in 2025,
- [Maritime Resilience Summit](https://ship.energy/conference-extra/nb-maritime-resilience-summit-26/): Nordic–Baltic Maritime Resilience Summit Tuesday 24 March, 13:00 – 17:00 The event brings together leading experts involved in safeguarding the resilience and security of supply, business continuity and security of maritime transport across the Nordic and Baltic regions. This afternoon event provides an up-to-date and practical overview of how regional maritime transport resilience and security
- [Speakers](https://ship.energy/conference-extra/speakers/): Session 1-2 Pedro Suárez López de Vergara President, Port Authority of Santa Cruz de Tenerife Gustavo González de Vega Deputy Minister of Economy and Internationalisation, Government of the Canary Islands Marina Ronda Director of Maritime Policy, Spanish Shipowners Association (ANAVE) Trine Braathen Director, Environmental Trading, Blue Energy Partners Airam Díaz Pastor Deputy Director, Port Authority of
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- [SMF24 Partner Options](https://ship.energy/conference-extra/smf24-partnership/): Become an SMF Fest 2024 partner and energise the decarbonisation debate As a leading maritime stakeholder, we would like to invite you to join us as a Corporate or an Individual Partner to offer your valuable input in clarifying contradictions on shipping’s decarbonisation, stress-testing policy and aligning on an achievable direction to take as an
## Conference Programmes
- [Aracon26 Programme](https://ship.energy/conference_programme/aracon26-programme/)
- [Maritime Risk & Resilience Forum Programme](https://ship.energy/conference_programme/mrrf26-prog/)
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- [An Introduction to Biofuels](https://ship.energy/conference_programme/an-introduction-to-biofuels-26/)
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- [Conference Programme](https://ship.energy/conference_programme/basf26-programme/)
- [Programme](https://ship.energy/conference_programme/bex-prog-apr26/)
- [Innovation Day](https://ship.energy/conference_programme/nbmf26-innovation-day/)
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- [Aracon25 Programme](https://ship.energy/conference_programme/ara25-programme/)
- [An Introduction to Biofuels](https://ship.energy/conference_programme/ara25-biofuels/)
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- [An Introduction to biofuels - Dubai](https://ship.energy/conference_programme/mebc24-biofuels/)
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- [WISTA International Conference 2023](https://ship.energy/conference_programme/wista-2023/)
- [Introduction to Shipping & Bunkering](https://ship.energy/conference_programme/mwaf23-ship-bunkering/)
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- [BV VeriFuel Bunkering Workshop](https://ship.energy/conference_programme/mwa25-bv-workshop/)
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- [The roundtable](https://ship.energy/conference_programme/mwa22-roundtable/)
- [PSW22 Conference](https://ship.energy/conference_programme/psw22-conference/)
- [EISAP Conference](https://ship.energy/conference_programme/psw22-eisap-conference/)
- [An Introduction to LNG Bunkering](https://ship.energy/conference_programme/psw22-lng/)
- [An Introduction to Shipping & Bunkering](https://ship.energy/conference_programme/psw22-ship-bunkering/)
- [MWA22 Programme](https://ship.energy/conference_programme/mwa22-programme/)
- [An Introduction to Marine Fuel Analysis](https://ship.energy/conference_programme/mwa22-fuel-analysis/)
- [Introduction to Shipping & Bunkering](https://ship.energy/conference_programme/mwa22-shipping/)
- [An Introduction to LNG Bunkering](https://ship.energy/conference_programme/mwa22-lng/)
- [METF23 Programme](https://ship.energy/conference_programme/metf23-programme/)
- [ARA23 Programme](https://ship.energy/conference_programme/ara23-programme/)
- [Programme](https://ship.energy/conference_programme/bex24-sept/)
- [BEX24 Programme](https://ship.energy/conference_programme/bex24-greece/)
- [METF24 Programme](https://ship.energy/conference_programme/metf24-programme/)
- [ARA24 Programme](https://ship.energy/conference_programme/ara24-programme/)
- [Metcore Workshop](https://ship.energy/conference_programme/oman25-metcore/)
- [Climate Fresk workshop](https://ship.energy/conference_programme/oman25-climate-fresk/)
- [MWAF25 Programme](https://ship.energy/conference_programme/mwaf25-programme/)
- [Programme](https://ship.energy/conference_programme/obc24-sept/)
- [Programme](https://ship.energy/conference_programme/obc25-programme/)
- [An Introduction to Digital Solutions](https://ship.energy/conference_programme/mebc25-digital-solutions/)
- [Emissions Workshop](https://ship.energy/conference_programme/psw24-emissions/)
- [PSW24 Programme](https://ship.energy/conference_programme/psw24-programme/)
- [Alternative Fuels](https://ship.energy/conference_programme/psw24-alt-fuels/)
- [MWA24 Programme](https://ship.energy/conference_programme/mwa24-programme/)
- [SES24 Programme](https://ship.energy/conference_programme/ses24-programme/)
- [MEBC24 Programme](https://ship.energy/conference_programme/mebc24-programme/)
- [Alternative Fuels Course](https://ship.energy/conference_programme/mwg23-alt-fuels/)
- [Alternative Fuels Course](https://ship.energy/conference_programme/mwa23-alt-fuels/)
- [An Introduction to LNG Bunkering](https://ship.energy/conference_programme/ses22-lng/)
- [An Introduction to ESG](https://ship.energy/conference_programme/ses22-esg/)
- [SES22 Programme](https://ship.energy/conference_programme/ses22-programme/)
- [Shipping Market Fundamentals](https://ship.energy/conference_programme/mebc22-smf/)
- [MEBC22 Programme](https://ship.energy/conference_programme/mebc22-programme/)
- [An Introduction to Shipping & Bunkering](https://ship.energy/conference_programme/mwg21-shipping-bunkering/)
- [An Introduction to LNG Bunkering](https://ship.energy/conference_programme/mwg21-lng-bunkering/)
- [MWG21 Programme](https://ship.energy/conference_programme/mwg21-programme/)
- [METF21 Programme](https://ship.energy/conference_programme/metf21-programme/)
- [Aracon21 Programme](https://ship.energy/conference_programme/aracon21-programme/)
- [TiBForum programme](https://ship.energy/conference_programme/tbforum21-programme/)
- [MWA23 Programme](https://ship.energy/conference_programme/mwa23-programme/)
## Conferences
- [ARACON 2026](https://ship.energy/conference/aracon-2026/): Join ARACON 2026 for expert insights on regulation, fuel quality, AI, technology and commercial practices shaping the future of the marine fuel industry.
- [Maritime Week Americas 2027](https://ship.energy/conference/maritime-week-americas-2027/): Following the huge success of Maritime Week Americas 2026, which welcomed more than 300+ delegates and 32 sponsors and exhibitors from 34 countries, we simply couldn't resist returning. In 2027, MWA comes back to Panama bigger, more influential and more connected than ever. Widely acknowledged as the leading bunker and marine fuels event in the
- [Maritime Week Africa 2027](https://ship.energy/conference/maritime-week-africa-2027/): Building on the enormous success of 2026, MWAF27 will bring over 200 delegates from Africa, Europe, the Middle East, and Asia to make important new connections while discussing the key issues affecting shipping and bunkering both in Africa and further afield. The packed conference programme will focus on traditional bunkering in Africa and the Indian
- [BunkerExperience Greece 2026](https://ship.energy/conference/bunkerexperience-greece-2026/): The two-day BunkerExperience course presents an unbeatable combination of theory and real-life bunkering experience. This unique two-day programme gives participants the rare opportunity to experience two sides of the marine fuels industry that most professionals never see firsthand: working on board an active bunker barge and observing – and physically carrying out – marine fuel
- [Marine Energy Transition Forum 2026](https://ship.energy/conference/metf-2026/): MEPC 85 will open for business on 30 November, building on the work to be carried out at two intersessional GHG reduction working groups in early September and late November. For now, however, it is still unclear what any final iteration of the IMO’s Net Zero Framework might look like and if it will be
- [Oxford Bunker Course (Advanced)](https://ship.energy/conference/oxford-bunker-advanced-2026/): Take your bunker expertise beyond the fundamentals Designed specifically for experienced bunker professionals and past Oxford Bunker Course and BunkerExperience delegates, the Oxford Bunker Course (Advanced) delivers a deeper examination of the commercial, legal, operational, and strategic challenges shaping today's marine fuel markets. Hosted in the heart of the City of London at Preston Turnbull's
- [Maritime Risk & Resilience Forum 2026](https://ship.energy/conference/maritime-risk-resilience-forum-2026/): The bunker market has never been more complex. Geopolitical instability, sanctions, volatile energy markets, tightening regulation, fuel quality disputes, counterparty failures and increasing commercial pressure mean that risk management has become a business-critical function for every organisation operating in marine fuels. ship.energy is pleased to introduce the Maritime Risk & Resilience Forum, a new one-day forum
- [BunkerExperience 2026 - September](https://ship.energy/conference/bunkerexperience-sept26/): Master bunkering operations at BunkerExperience 2026. A 3-day practical marine fuel course in the Netherlands featuring hands-on barge and lab training.
- [The Oxford Bunker Course - September](https://ship.energy/conference/oxford-bunker-course-sept/): The prestigious 5-day Oxford Bunker Course is a residential programme offering deep bunker industry insights for both newcomers and professionals.
- [The Bunkering & Sustainability Forum - Tenerife 2026](https://ship.energy/conference/bunkering-sustainability-forum-2026/): The inaugural Bunkering & Sustainability Forum 2026 is designed to examine how island and mid-sized ports are preparing for the maritime energy transition. Some are well prepared and have committed to large investments, while others are still doing nothing, waiting for shipowners or regulators to make their decisions for them. But many more are somewhere
- [BunkerExperience 2026 - April](https://ship.energy/conference/bunkerexperience-april/): The three-day, all-inclusive BunkerExperience course presents an unbeatable combination of theory and real-life bunkering experience. The morning classroom sessions are geared towards preparing students to make the most of the afternoon 'real life' experience of working on a bunker barge, working in a testing laboratory and 'going to sea' for close-up views of different types
- [The Oxford Bunker Course - April](https://ship.energy/conference/the-oxford-bunker-course-april/): Set your course for a career in marine fuels and shipping The long-established Oxford Bunker Course is a prestigious five-day residential training programme designed for both newcomers and experienced professionals seeking deeper insights into the international bunker industry. Held at Keble College, University of Oxford, the programme is led by Course Director, Nigel Draffin, backed
- [ship.energy summit 2026](https://ship.energy/conference/ship-energy-summit-2026/): This year’s ship.energy summit is coming to Athens where it will take a reality check on the decarbonisation of shipping and ports. While the events at the MEPC Extraordinary Session in October 2025 pressed the pause button on the IMO’s Net Zero Framework, the UN agency’s timeline for shipping’s GHG reductions is still in place.
- [Maritime Week Americas 2026](https://ship.energy/conference/maritime-week-americas-2026/): Welcome to MWA26 Quick Links: Tour Workshop Course Conference In a world that is increasingly troubled by geopolitical tensions, economic instability, natural disasters and climate-related risk, business survival will depend ever more on resilience, flexibility, efficiency and sustainability. Ports throughout Latin America, not least in Brazil, Chile, Colombia, Mexico, Panama and Peru are upgrading and
- [The Nordic-Baltic Maritime Forum](https://ship.energy/conference/nordic-baltic-maritime-forum-26/): Spanning four days of engaging, informative, and dynamic activities, the Forum’s aim is to bring international industry stakeholders to Helsinki to learn firsthand about the Nordic Baltic region’s strong maritime capabilities, technological excellence, and proactive approach to innovation and sustainability. The Forum will highlight innovation in marine energy (conventional and alternative fuels), shipbuilding and technology,
- [Middle East Bunkering Convention 2026](https://ship.energy/conference/mebc26/): As national and global environmental regulatory levers come into play, the bunker industry must manage its conventional fuels business while laying the groundwork for what is to come in terms of new energy choices as shipping considers its options for compliance with decarbonisation targets and mandates. MEBC 26 will ask what ‘business as usual’ looks
- [Maritime Week Africa 2026](https://ship.energy/conference/maritime-week-africa-2026/): In 2025, Maritime Week Africa (MWAF) was held in Mauritius, where discussions centred on traditional bunkering in Africa and the Indian Ocean, the ongoing energy transition, and the impact of geopolitics on voyage patterns and fuel demand. The event also examined the fiscal and legal challenges that have hindered South Africa’s potential as a leading
- [Maritime Week Gibraltar 2021](https://ship.energy/conference/maritime-week-gibraltar-2021/): HM Government of Gibraltar, The Gibraltar Port Authority, Gibraltar Maritime Administration, University of Gibraltar Maritime Academy and Petrospot are proud to announce the second edition of the biennial Maritime Week Gibraltar, a global showcase for one of the most efficient, secure, and professionally managed ports in the world. Building on the huge success of the
- [ARACON 2025](https://ship.energy/conference/aracon-2025/): At ARACON 2025, the discussions will be focused on the importance of making the right choices so that the bunker sector can adapt efficiently and effectively to new and upcoming commercial, operational and regulatory imperatives and mandates. By being fully informed about market dynamics and pressures, marine fuel companies can prepare themselves for business headwinds,
- [Maritime Week Americas 2025](https://ship.energy/conference/maritime-week-americas-2025/): Maritime Week Americas (MWA25) will look at shipping and bunker markets throughout North, Central and South America and the Caribbean, examining traditional bunker markets and the ‘new’ fuels whose take-up is rapidly picking up pace. Of course, traditional marine fuels are still the mainstay throughout the Americas. The conference will examine fuel quality and quantity
- [Marine Energy Transition Forum 2025](https://ship.energy/conference/marine-energy-transition-forum-2025/): Pilot projects, cross-sector collaborative agreements, joint ventures and company start-ups have been the starting point for many maritime businesses’ decarbonisation strategies The Marine Energy Transition Forum will consider how the industry is faring in taking the next steps towards the commercialisation of early initiatives in shipping’s energy transition. What happens when subsidies and seed funding
- [Aracon 2024](https://ship.energy/conference/aracon-2024/): As the COVID pandemic and recent regional conflicts have shown us, shipping and bunkering have demonstrated the ability to go above and beyond and keep trade lanes and supply chains open for business. There’s no doubting the resilience of the marine fuels sector but times are changing, and the industry’s stakeholders must adapt and evolve
- [The Oxford Bunker Course 2025 - Dubai](https://ship.energy/conference/the-oxford-bunker-course-2025-dubai/): The world-renowned Oxford Bunker Course is coming to Dubai in February 2025 The Dubai edition of the Oxford Bunker Course is designed for newcomers to the business but also for those who may already have some experience in shipping and marine fuels. The four-day intensive programme is led by Nigel Draffin (Course Director), backed by a
- [ship.energy summit 2025](https://ship.energy/conference/ship-energy-summit-2025/): European and global regulations are primary drivers in shipping’s decarbonisation, and their impact will become even more significant in 2025 as the International Maritime Organization takes all-important decisions on global fuel standards and puts a price on the industry’s GHG emissions, and legislation such as FuelEU Maritime and the EU Emissions Trading System ramps up
- [Maritime Week Las Palmas 2022](https://ship.energy/conference/maritime-week-las-palmas-2022/): Maritime Week Las Palmas offers you the perfect opportunity to meet the key people active in this remarkable port, from oil products and bunker suppliers, to port and terminal operators, from ship suppliers and agents, to ship repair and maritime equipment suppliers, as well as the Port Authority, Government leaders and investment institutions. The Flagship
- [Marine Energy Transition Forum 2022](https://ship.energy/conference/marine-energy-transition-forum-2022/): The Marine Energy Transition Forum returns to The Port of Antwerp-Bruges in October 2022 to pick up the key threads of the complicated and evolving debate on shipping’s energy transition. In 2023, there may well be some key developments in the European arena which are intended to accelerate shipping’s decarbonisation, such as the inclusion of
- [Aracon 2022](https://ship.energy/conference/aracon-2022/): Following the success of ARACON 2021 in Antwerp, ARACON 2022 in Rotterdam will capture and build on that success to bring the industry together again to reflect on another year of extraordinary – and unexpected – events that will impact global, and European, shipping and bunker markets for many years to come. ARACON has built
- [WISTA International Conference 2022](https://ship.energy/conference/wista-international-conference-2022/): WISTA is a membership organization of 55 countries with approximately 4,000 managers and leaders within the maritime, trading, and logistics industries. Connecting us all is an ambition to create positive change, and to be an empowering force for inclusion and diversity. WISTA has an unparallel reach, unique collective insight and a vivid ambition to make
- [WISTA International Conference 2023](https://ship.energy/conference/wista-conference-2023/): This year’s WISTA International AGM & Conference will be celebrated in Montevideo, the beautiful capital city of Uruguay. The theme of this year's conference, "Latin American Shipping and Trading: Towards an Inclusive Greener Digital Future," emphasises the urgent need for industry leaders to come together to address the challenges and opportunities that lie ahead, focusing
- [Gibraltar Maritime Day 2023](https://ship.energy/conference/gibraltar-maritime-day-2023/): His Majesty's Government of Gibraltar, the Gibraltar Port Authority, the Gibraltar Maritime Administration and the University of Gibraltar cordially invite you to register your interest in attending the inaugural Gibraltar Maritime Day in London. This invitation-only event is aimed at companies and individuals with an interest in learning about and doing business with the key
- [Maritime Week Africa 2023](https://ship.energy/conference/maritime-week-africa-2023/): Maritime Week Africa is the longest-running and most popular bunkering event in the African continent. It has built a strong reputation for attracting the highest-level industry speakers, bringing together the most important suppliers and buyers and highlighting the challenges and opportunities presented by the uniquely diverse African bunkering industry. In January 2023, on its 14th
- [Middle East Bunkering Convention 2023](https://ship.energy/conference/middle-east-bunkering-convention-2023/): Now in its eighth year, the Middle East Bunkering Convention (MEBC) returns to Dubai in February 2023 to once again offer focused and expert insights into the dynamic and increasingly complex global bunker market. MEBC 2022 took place just weeks after Russia’s invasion of Ukraine and gave delegates a ‘real-time’ assessment of the potential impact
- [ship.energy summit 2023](https://ship.energy/conference/ship-energy-summit-2023/): This year’s ship.energy summit will take a close look at each element of shipping’s supply chain. When it comes to making progress on shipping’s decarbonisation, is reality matching ambition? The ship.energy summit is returning to Spain in 2023 to deliver high level debate on the rate of progress in the decarbonisation of shipping and ports.
- [Madeira Maritime Week 2023](https://ship.energy/conference/madeira-maritime-week-2023/): Join us at the first Madeira Maritime Week 2023, hosted by the Presidency of the Regional Government of Madeira and SDM-Sociedade Desenvolvimento da Madeira. In addition, this special week will include EISAP's 5th Annual Meeting and the WISTA Atlantic Forum 2023, as well as spectacular networking events including three dinners and unique hand-picked tours of Madeira.
- [Transparency in Shipping and Bunkering Forum 2023](https://ship.energy/conference/transparency-in-shipping-and-bunkering-forum/): The first Petrospot Transparency in Bunkering Forum was held at LISW 2021, and it gave panellists and delegates the opportunity to explore what transparency means in relation to the marine fuel supply chain. Topics discussed included bunker licensing, the use of mass flow meters, fuel quality and pricing and, on the commercial side of the
- [Aracon 2023](https://ship.energy/conference/aracon-2023/): ARACON, the longest-running and biggest bunkering conference in the Amsterdam-Rotterdam-Antwerp region, returns to Rotterdam on 19-20 October to deliver another incisive, no-nonsense conference programme that will report on the ‘health’ of the marine fuels and shipping sectors. Late 2023 may well be an inflexion point for the ARA bunker market – and the global marine
- [Maritime Week Gibraltar 2023](https://ship.energy/conference/maritime-week-gibraltar-2023/): Hosted by HM Government of Gibraltar, the Gibraltar Port Authority, the Gibraltar Maritime Administration, and the University of Gibraltar Maritime Academy – and created and organised by Petrospot – this third edition of the biennial Maritime Week Gibraltar will once again provide a global showcase for one of the most efficient, secure, and professionally managed ports in
- [BunkerExperience - October 2023](https://ship.energy/conference/bunkerexperience-2023-3/): Barge Day | Lab Day | Port Day The three-day, all-inclusive BunkerExperience course presents an unbeatable combination of theory and real-life bunkering experience. The morning classroom sessions are geared towards preparing students to make the most of the afternoon 'real life' experience of working on a bunker barge, working in a testing laboratory and 'going to
- [Marine Energy Transition Forum 2023](https://ship.energy/conference/marine-energy-transition-forum-2023/): Now in its fourth edition, there will be much to discuss at this year’s Forum as it comes just ahead of what will be a momentous and challenging period for shipping as new EU environmental legislation comes into play, notably FuelEU Maritime, the revised Alternative Fuels Infrastructure Directive and the EU Emissions Trading System. The
- [Oman Maritime, Ports and Energy Forum](https://ship.energy/conference/oman-maritime-ports-and-energy-forum-2025/): The Oman Maritime, Ports and Energy Forum is taking place under the patronage of His Excellency Eng. Said Bin Hamood Bin Said Al Maawali, Minister of Transport, Communications and Information Technology. The event has been created to highlight the skillsets and commercial opportunities available across the Sultanate of Oman’s ports, energy, shipping, maritime logistics and
- [Maritime Week Americas 2024](https://ship.energy/conference/maritime-week-americas-2024/): Maritime Week Americas (MWA24) returns to Panama in May 2024 and will be looking at the importance of canals in world trade. It will discuss the latest developments at both the Panama and Suez canals and their long-term, wider impact on shipping and bunker markets further afield. The event will also focus on marine fuels markets
- [Maritime Week Las Palmas 2024](https://ship.energy/conference/maritime-week-las-palmas-2024/): The Port of Las Palmas is a key strategic mid-Atlantic maritime and logistics hub serving the offshore energy sector as well as ships sailing to and from Africa, Europe and the Americas. Lately it has also been playing a vital role in refuelling vessels diverted around Africa from the Red Sea and Suez Canal. Maritime
- [SMF Fest 2023](https://ship.energy/conference/smf-fest-2023/): Sustainable Marine Fuel Fest (formerly known as Gas Fest) is a unique ‘for industry, by industry’ forum that explores all marine fuels and technologies that will support shipping on its decarbonisation pathway.This inspiring and highly collaborative gathering will bring together key stakeholders across the marine fuel value system to align on decarbonisation strategies, stress-test policy
- [Maritime Week Africa 2024](https://ship.energy/conference/maritime-week-africa-2024/): Maritime Week Africa is the longest-running and most popular bunkering event on the African continent. It has earned a reputation for attracting the most eminent industry speakers, bringing together key bunker buyers and suppliers, as well as ports, refiners, regulators and other leading maritime professionals to highlight the unique issues and opportunities relating to the African
- [SMF Fest 2024](https://ship.energy/conference/smf-fest-2024/): This inspiring and highly collaborative gathering brought together key stakeholders across the marine fuel value system to align on decarbonisation strategies, stress-test policy and regulation as well as uncover the rationale for investment decisions in various fuels and technologies. Instead of relying on a select few industry experts for ‘content’, collaboration underpins SMF Fest’s unique
- [Middle East Bunkering Convention 2024](https://ship.energy/conference/middle-east-bunkering-convention-2024/): NO TURNING BACK: ADAPTING TO COMMERCIAL AND REGULATORY CHANGES Now in its ninth year, the Middle East Bunkering Convention (MEBC) returns to Dubai in February to offer expert comment and informed debate about the issues and challenges impacting the global marine fuel sector and, as always, to provide a sharp focus on the evolving Middle
- [Portugal Shipping Week 2024](https://ship.energy/conference/portugal-shipping-week-2024/): We are excited to announce Portugal Shipping Week 2024, an extraordinary week of top-level maritime activities, including this year’s edition of the ship.energy summit. PSW24 will once again showcase Portugal as a global shipping and maritime logistics centre and an increasingly important player in the European and global energy transition. Indeed, at its core will be
- [The ship.energy summit 2024](https://ship.energy/conference/the-ship-energy-summit-2024/): Shipping is facing an era of profound change as it navigates its route through the energy transition. However, policymakers and regulators have now given the industry some clarity around the milestones for its decarbonisation. In terms of timelines, the IMO’s revised greenhouse gas strategy has provided a foundation on which shipping stakeholders can begin to
- [ISO 8217:2024 fuel standard & shipping regulations 2024](https://ship.energy/conference/iso-82172024-fuel-standard-shipping-environmental-regulations/): In light of the recent publication of ISO 8217:2024 as well as upcoming environmental regulations which will significantly impact the shipping and marine fuel sectors, Petrospot is running two training workshops on 23 July 2024 at the office of Norton Rose Fulbright LLP in London. Course 1: 9:30 am – 12:30 pm Ringing the changes:
- [The Oxford Bunker Course - September 2024](https://ship.energy/conference/the-oxford-bunker-course-september-2024/): The Oxford Bunker Course is a world-renowned five-day intensive residential training course, designed for newcomers to the business and for those who may already have some experience. The programme is led by Nigel Draffin (Course Director), backed by a dedicated team of highly respected experts, spanning every discipline within the international bunker industry. Together, the team
- [BunkerExperience 2024](https://ship.energy/conference/bunkerexperience-2024/): The three-day, all-inclusive BunkerExperience course presents an unbeatable combination of theory and real-life bunkering experience. The morning classroom sessions are geared towards preparing students to make the most of the afternoon 'real life' experience of working on a bunker barge, working in a testing laboratory and 'going to sea' for close-up views of different types
- [A Practical Introduction to Biofuels](https://ship.energy/conference/a-practical-introduction-to-biofuels/): This 1-day practical Biofuels course provides an overview of the possible application and use of biofuels in the marine distillate and residual fuel oils market, such as described in the new ISO 8217:2024 standard for distillate and residual fuel oils. The course includes a theory session in the morning, followed by hands-on practical laboratory work in the
- [BunkerExperience Greece 2024](https://ship.energy/conference/bunkerexperience-2024-greece-october/): The hugely popular BUNKEREXPERIENCE course is coming to Athens. Based on the classroom and practical elements of the well-established three-day BUNKEREXPERIENCE course held every spring and autumn in Vlaardingen, Rotterdam, this two-day version retains the unbeatable combination of theory and real-life bunkering experience with hands-on laboratory work and barge visit, while tailoring the training to reflect the bunkering sector
- [Marine Energy Transition Forum 2024](https://ship.energy/conference/marine-energy-transition-forum-2024/): As such, this year’s Marine Energy Transition Forum will take a more granular look at what the energy transition means to the maritime sector, by exploring how fuel and technology choices will be influenced by vessel trades and routes. Speakers will consider how these factors are impacting on shipowners’ strategies on decarbonisation and when they
- [Bunkering Traditional and Alternative Fuels](https://ship.energy/conference/bunkering-traditional-and-alternative-fuels-in-house/): In-house Bunker Course This three-day bespoke training course is designed to cater for up to 15 participants representing different disciplines with the same company. It provides a solid introduction to traditional bunker fuels, including technical and operational issues, fuel specifications and testing, and alternative fuels. Similar courses, or one-, two-, three- or four-day duration can
- [Middle East Bunkering Convention 2025](https://ship.energy/conference/middle-east-bunkering-convention-2025/): In 2025, MEBC marks its 10th anniversary and this year’s conference offers an opportunity to reflect on the challenges, opportunities and trends experienced by the bunker sector over the last decade. More importantly, this key and always dynamic gathering of marine fuel professionals will encourage discussion on what lies ahead for the industry – in
- [Maritime Week Africa 2025](https://ship.energy/conference/maritime-week-africa-2025/): Maritime Week Africa (MWAF25), the longest-running and most popular bunkering event on the African continent, is, for the first time in its 16-year history, coming to the beautiful island nation of Mauritius. From 25-27 March 2025, the movers and shakers of the African marine fuels industry – including key bunker buyers and suppliers, ports, refiners,
- [ship.energy summit 2022](https://ship.energy/conference/ship-energy-summit-2022/): After two highly successful virtual conferences in 2021, ship.energy will be delivering its first in-person event at the Port of Valencia, Spain. The ship.energy summit 2022, which is supported by the Port Authority of Valencia, will be held on 27-29 April and will continue the global narrative of shipping’s energy transition, with a particular focus
- [Middle East Bunkering Convention 2022](https://ship.energy/conference/middle-east-bunkering-convention-2022/): Now in its seventh year, the Middle East Bunkering Convention returns to Dubai in March 2022, providing a key forum for lively and informed discussion about the state of play for the bunker industry and wider shipping markets as global trade adjusts to the constraints and challenges caused by the COVID-19 pandemic. As always, MEBC
- [Marine Energy Transition Forum 2021](https://ship.energy/conference/marine-energy-transition-forum-2021/): While IMO 2020 has been a gamechanger for the maritime sector, delivering on the International Maritime Organization’s 2050 greenhouse gas reduction targets will require technical and fuel innovation, commercial resilience, and cross-industry engagement on an unprecedented scale. The highly successful inaugural Marine Energy Transition Forum 2019, organised by Petrospot and supported by the Port of Antwerp,
- [Aracon 2021](https://ship.energy/conference/aracon-2021/): As one of the first ‘real’ bunker conferences to take place in 2021, ARACON offers a major and important opportunity for the industry to come together to reflect on the year’s tumultuous turn of events. ARACON has built up a strong reputation as a key forum where industry stakeholders share their expertise and insights on
- [Transparency in Bunkering Forum 2021](https://ship.energy/conference/transparency-in-bunkering-forum/): Billed as the first in-person bunkering event since lockdown, Petrospot’s Transparency in Bunkering Forum will take place on 13 September, the first day of London International Shipping Week (LISW21). The much-anticipated ‘live’ event will take place at the offices of leading maritime law firm Norton Rose Fulbright. All registered participants will be invited to a spectacular rooftop
- [The Maritime Symposium: Chile](https://ship.energy/conference/the-maritime-symposium-chile/): The Maritime Symposium: Chile offers a once-in-a-lifetime opportunity for international delegates to meet and network with key Chilean shipowners, ship brokers, bunker suppliers, storage and port operators, agents and other maritime organisations during the highly colourful and exciting national celebrations of the Chilean Navy’s 200th anniversary and the 100th anniversary of Chilean-British naval cooperation. Schedule:
- [Maritime Week Americas 2023](https://ship.energy/conference/maritime-week-americas-2023/): Maritime Week Americas 2023 will take place in the heart of New Orleans, Louisiana, one of the most exhilarating and colourful cities in the Americas. Located right on the Mississippi River, which stretches over 2,300 miles from northern Minnesota to the Gulf of Mexico, New Orleans is world famous for its round-the-clock nightlife, vibrant live-music
- [Maritime Week Americas 2022](https://ship.energy/conference/maritime-week-americas-2022/): Chaos in world shipping and bunker markets, following hot on the heels of the economic devastation caused by the Covid-19 pandemic, will ensure that debate at this year’s Maritime Week Americas in Panama will be even more lively than usual. Disrupted global supply chains, runaway oil prices and container freight rates, major port congestion and
- [Maritime Week Americas 2022](https://ship.energy/conference/mwa22-fl/): The second Maritime Week Americas (MWA) of 2022 takes place in Fort Lauderdale in Florida, following the first edition in Panama in May. Once again, MWA will be an exciting in-person event that will bring together bunkering and shipping people from all over the Americas and the Caribbean and remind everyone why MWA is the largest and most popular bunkering conference
- [Portugal Shipping Week 2022](https://ship.energy/conference/portugal-shipping-week-2022/): TOP ORGANISATIONS JOIN FORCES TO CREATE SUPER-POWERED PORTUGAL SHIPPING WEEK 2022 Four leading maritime and energy organisations are collaborating with Petrospot to create a very strong programme of events at this year’s Portugal Shipping Week (PSW22) which takes place in Lisbon in May. Euromar, EISAP, WISTA Portugal and Galp, Portugal’s multinational energy company, will each contribute
- [Madeira Maritime Week 2025](https://ship.energy/conference/madeira-maritime-week-2025/): The Presidency of the Regional Government of Madeira and EISAP invite you to the 2nd Madeira Maritime Week (#MMW25). This unique event will be held on the breathtaking island of Madeira, offering receptions, conferences, and numerous opportunities for networking, collaboration, and knowledge exchange. A major highlight of the event will be the celebration of a
- [London International Shipping Week 2025](https://ship.energy/conference/lisw25/): One of the most important global shipping and maritime events in the world, London International Shipping Week will celebrate its 12th anniversary in September 2025, playing host to thousands of international industry decision-makers who will attend the hundreds of official events during the week.
## Event Reviews
- [S&P Global Platts (UK)](https://ship.energy/event-review/hanseatic-bunker-services/): Discover S&P Global Platts (UK) and their participation across ship.energy’s global maritime and marine fuel industry events.
- [Valery Vdovina, Riga Port, Latvia](https://ship.energy/event-review/valery-vdovina-physical-bunker-supplier-at-riga-port-latvia/): Explore event highlights for Valery Vdovina (Riga Port, Latvia) and see their participation at recent ship.energy maritime gatherings.
- [Kenneth Dam, Global Head of Bunkering, TFG Marine](https://ship.energy/event-review/tfg-marine/): Discover TFG Marine and their active participation in ship.energy’s global maritime, marine fuel, and bunkering industry events.
- [Inchcape Shipping Services](https://ship.energy/event-review/inchcape-shipping-services/): Explore the event review for Inchcape Shipping Services and see their participation across ship.energy’s global maritime gatherings.
- [Island Oil Holdings](https://ship.energy/event-review/island-oil-holdings-2/): Discover Island Oil Holdings and their active participation in ship.energy’s global marine fuel and bunkering industry events.
- [Solar and Energy Group Holdings](https://ship.energy/event-review/solar-and-energy-group-holdings/): Explore event highlights and industry participation for Solar and Energy Group Holdings at recent ship.energy gatherings.
## Industry Insights
- [Demand for bioLNG to generate FuelEU Maritimesurplus units is cooling, says Ahti Climate](https://ship.energy/industry-insights/demand-for-biolng-to-generate-fueleu-maritimesurplus-units-is-cooling-says-ahti-climate/): Risto-Juhani Kariranta, CEO of Ahti Climate which operates the Ahti Pool platform, believes pooling will remain the dominant FuelEU Maritime compliance option for the 2026 reporting cycle. However, he says the underlying low carbon fuel mix used to generate compliance units is changing. Pools allow surplus compliance units to be traded to ‘balance’ a vessel’s
- [Lloyd's Register to expand Maritime ESG Maturity Index following positive industry reception](https://ship.energy/industry-insights/lloyds-register-to-expand-maritime-esg-maturity-index-following-positive-industry-reception/): Following the launch of its inaugural Measuring ESG Maturity in Maritime Report to a ‘broadly positive’ reception at Posidonia 2026, Lloyd’s Register (LR) has outlined its plans to grow and diversify participation in its ESG Maturity Index pilot project. LR will also seek to improve the way it sources ESG information to enhance the accuracy
- [Pooling in practice](https://ship.energy/industry-insights/pooling-in-practice/): The first annual emissions reporting and verification period for FuelEU Maritime (FEUM) closed on 30 April this year. The end of this element of the compliance process offers an opportunity to take stock of how vessel pooling, which enables under-compliant ships within a pool to achieve compliance by securing surplus from over-compliant vessels, has worked
- [China dominates mid-term supply forecasts for renewable methanol and ammonia supply, reports Gena Solutions](https://ship.energy/industry-insights/china-dominates-mid-term-supply-forecasts-for-renewable-methanol-and-ammonia-supply-reports-gena-solutions/): Analysis of the mid-term landscape for post-Final Investment Decision (FID) renewable fuel supply shows that China significantly outstrips other geographies for renewable methanol and ammonia, accounting for 79% and 43% respectively of global capacity, says Vitalii Protasov, CEO of Gena Solutions. The Finland-based company offers data and analytics on renewable and low-carbon fuels and chemicals,
- [ETF, ECSA reaffirm commitment to preparing seafarers for the green, digital transition](https://ship.energy/industry-insights/etf-ecsa-reaffirm-commitment-to-preparing-seafarers-for-the-green-digital-transition/): The European Maritime Skills Forum - a joint initiative of the European Transport Workers’ Federation (ETF) and European Shipowners | ECSA - has held its second plenary session in Brussels, reaffirming the shared commitment of European Shipowners and seafarers’ unions to address the skill challenge of the green and digital transition. In a joint statement
- [New UK-based consortium to demonstrate transatlantic nuclear-powered shipping](https://ship.energy/industry-insights/new-uk-based-consortium-to-demonstrate-transatlantic-nuclear-powered-shipping/): A consortium formed of a UK-based ship designer, nuclear reactor developer, classification society, law firm, insurer and consultancy has announced plans to develop a concept for a nuclear-powered vessel that would be operated between the UK and the United States. The demonstration concept design will be a medium-sized vessel designed by Babcock, featuring a fourth-generation,
- [IWSA expects the wind-assisted fleet to double in 2026](https://ship.energy/industry-insights/iwsa-expects-the-wind-assisted-fleet-to-double-in-2026/): The International Windship Association (IWSA) estimates that at least 80 ships could become wind-equipped during 2026, which would double the wind-assisted fleet currently at sea, amid increased production capacity and shrinking construction lead times. Data compiled by the association shows that 31 vessels were fitted with wind propulsion systems in 2025, taking to 85 the
- [Policy developments enabling SA to play ‘stronger role’ in global shipping and bunkering](https://ship.energy/industry-insights/policy-developments-enabling-sa-to-play-stronger-role-in-global-shipping-and-bunkering/): Developments in policy and legislation – including those related to bunkering and offshore ship-to-ship (STS) transfers – are paving the way for South Africa to play a ‘stronger role’ in the wider global shipping and bunkering landscape, according to Chuma Mpahlwa, Director: Maritime Policy and Legislation, Department for Transport. Speaking at ship.energy’s Maritime Week Africa conference in
- [‘Nothing is off the table’: IMO SG calls for compromise on Net-Zero Framework](https://ship.energy/industry-insights/nothing-is-off-the-table-imo-sg-calls-for-compromise-on-net-zero-framework/): The IMO Secretary-General Arsenio Dominguez has said he is not ruling out any options to reach a compromise on the Net-Zero Framework, as he embarks on a string of bilateral meetings with member states, including the United States. Speaking to journalists on Friday (23 January), he indicated that he will this week begin a series
- [‘The carrot is better than the stick’ to advance shore power, says ABL’s Stefano Scarpa](https://ship.energy/industry-insights/the-carrot-is-better-than-the-stick-to-advance-shore-power-says-abls-stefano-scarpa/): Acting to reduce the price of electricity would be one of the simplest and most effective ways for governments to help accelerate the deployment of shore power in the UK and Europe, ABL’s maritime decarbonisation director, Stefano Scarpa, has told ship.energy. The London-based marine consultancy, which advises ports and shipping companies globally on decarbonisation initiatives,
- [Future fuel bunker vessels will initially need alternative revenue sources, says Deltamarin](https://ship.energy/industry-insights/future-fuel-bunker-vessels-will-initially-need-alternative-revenue-sources-says-deltamarin/): Bunker vessels for new and emerging fuels will not be able to rely solely on the marine fuel industry and will need to be ‘muti-useable for different purposes,’ says Esa Jokioinen, Director of Sales and Marketing at ship designer, Deltamarin. Speaking during a webinar this week, Jokioinen revealed that Turku-headquartered Deltamarin was currently working on
- [‘Developing industrialist’ countries could thrive under a strong IMO Net-Zero Framework, UCL analysis finds](https://ship.energy/industry-insights/developing-industrialist-countries-could-thrive-under-a-strong-imo-net-zero-framework-ucl-analysis-finds/): A study by the UCL Energy Institute has shown that the adoption of the IMO Net-Zero Framework ‘in full’ could put countries with strong national policies on maritime decarbonisation, like the UK and China, in pole position to benefit from shipping’s energy transition, while also giving developing industrialist economies such as India the opportunity to
- [MEPC 84: what is on the table](https://ship.energy/industry-insights/mepc-84-proposals-imo-net-zero-framework-negotiations/): IMO Member States will gather in London in late April for a meeting of the Marine Environment Protection Committee (MEPC 84), where the future of the IMO Net-Zero Framework (NZF) is expected to take centre stage. This will be the first time the committee reconvenes since the extraordinary MEPC session, last October, which was expected
- [Ammonia as marine fuel: Is history repeating itself?](https://ship.energy/industry-insights/ammonia-as-marine-fuel-is-history-repeating-itself/): Maritime consultant services and solutions company FKAB Marine Engineering says the obstacles to ammonia becoming an established marine fuel are reminiscent of those faced by LNG at the turn of the century - and equally surmountable. ‘We see a couple of trends,’ Andreas Hagberg, Head of Sales & Marketing Department, told journalists at the company’s
- [WMU partners on decarbonising long distance shipping research](https://ship.energy/industry-insights/wmu-partners-on-decarbonising-long-distance-shipping-research/): The World Maritime University (WMU) is partnering on an EU funded Horizon 2020 (H2020) research project aimed at demonstrating the decarbonising potential of using a combination of innovative ship design and technologies operating in symbiosis. The project, CHEK - deCarbonizing sHipping by Enabling Key technology symbiosis on real vessel concept designs, is made up of the
- [New research calls for urgent action on current fleet emissions](https://ship.energy/industry-insights/new-research-calls-for-urgent-action-on-current-fleet-emissions/): A new study from the Tyndall Centre at the University of Manchester highlights that CO2 emissions from existing vessels will dominate shipping’s impact on the climate, and ‘could even swallow up shipping’s entire safe carbon budget’. The research, published in the BMC Energy journal, calls for the implementation of policies which focus on decarbonising and
- [ABS publishes white paper on LNG as a marine fuel](https://ship.energy/industry-insights/abs-publishes-white-paper-on-lng-as-a-marine-fuel/): The new sustainability report offers ‘practical pointers’ for the use of marine LNG, and includes a firm focus on the issues and processes associated with bunkering the fuel. The white paper is intended to supplement the American Bureau of Shipping’s Advisory on Gas and Other Low Flashpoint Fuels. The document emphasises that the bunkering process
- [Report: 95% of shipping execs see decarbonisation as top-three priority](https://ship.energy/industry-insights/report-95-of-shipping-execs-see-decarbonisation-as-top-three-priority/): A new report from Shell and Deloitte has found that 95% of shipping executives interviewed view decarbonisation as important or a top-three priority, and nearly 80% said that its importance had increased significantly over the past 18 months. The other key findings of the report, entitled Decarbonising Shipping: All Hands on Deck, include:85% of interviewees
- [Agenda published for zero-emission waterborne transport initiative](https://ship.energy/industry-insights/agenda-published-for-zero-emission-waterborne-transport-initiative/): Stakeholders from Europe’s waterborne transport sector, working within the Waterborne Technology Platform, have developed a Strategic Research and Innovation Agenda (SRIA) which has been published today (14 July) for open consultation. The Horizon Europe Partnership proposal on zero-emission waterborne transport was published by the European Commission on 27 May 2020. Now the SRIA has been
- [New report tracks container segment’s falling CO2 emissions](https://ship.energy/industry-insights/new-report-tracks-container-segments-falling-co2-emissions/): According to Clean Cargo’s Annual Report, based on emissions from 3,500 vessels, the container sector’s emissions profile improved between 2018 and 2019 with a decrease of 5.6% and 2.5% for CO2 dry and reefer indexes, respectively. Clean Cargo is a collaborative venture focused on sustainable cargo shipping managed by Business for Social Responsibility. Its aggregate
- [DNV GL report looks at how energy transition can be ‘accelerated’](https://ship.energy/industry-insights/dnv-gl-report-looks-at-how-energy-transition-can-be-accelerated/): DNV GL report looks at how energy transition can be ‘accelerated’ A new report from DNV GL has outlined strategies to ‘accelerate the global energy transition’ and stimulate the ‘rapid uptake of renewable energy’. In a statement issued today (11 August), DNV GL said that, ‘thanks to the continuously decreasing cost of energy for onshore
- [Some thoughts on the newbuilding markets…](https://ship.energy/industry-insights/some-thoughts-on-the-newbuilding-markets/): The big question for ship owners considering a newbuilding order today is, what shall we build? This is not as easy to answer as you may think. Discussions over newbuilding specifications are inevitably tied together with wider environmental and regulatory discussions. There is also a political dimension to estimating future demand for ship types. What
- [Seeing the full picture](https://ship.energy/industry-insights/seeing-the-full-picture/): Dr Carlo Raucci, Principal Consultant at UMAS, looks at shipping’s decarbonisation challenge and explains how UMAS is developing and delivering solutions for a maritime carbon constrained future using data and innovative modelling techniques. The task of combatting climate change will require urgent and sustained transitional actions in all areas of the economy, including radically changing
- [ICCT report points to ‘loopholes’ in IMO’s proposed Arctic HFO ban](https://ship.energy/industry-insights/icct-report-points-to-loopholes-in-imos-proposed-arctic-hfo-ban/): The report’s co-author, Bryan Comer, notes that ‘We found that the IMO’s proposed heavy fuel oil (HFO) ban contains so many loopholes that’s it’s no ban at all.’ The International Maritime Organization’s (IMO) proposed Arctic heavy fuel oil (HFO) ban contains so many waivers and exemptions that 84% of HFO use would still be allowed
- [The latest word in applications of carbon pricing in shipping...](https://ship.energy/industry-insights/the-latest-word-in-applications-of-carbon-pricing-in-shipping/): A study published by a trio of Australian academics suggests that carbon pricing has been key to driving down GHG emissions around the world.
- [Mark Williams joins Petrospot as part of an expanded recruitment drive](https://ship.energy/industry-insights/mark-williams-joins-petrospot-as-part-of-an-expanded-recruitment-drive/): Acknowledged shipping markets commentator Mark Williams has joined Petrospot Ltd as part of a recruitment drive that sees the Oxfordshire-based publishing, training and events organisation capitalise on the successful launch of its zero emissions intelligence platform, shipenergy.local. The move, which is part of a series of new appointments across its editorial and events businesses, bucks the trend in a
- [New report highlights potential for maritime carbon capture](https://ship.energy/industry-insights/new-report-highlights-potential-for-maritime-carbon-capture/): A study by PMW Technology, working with the University of Chester, naval architects Houlder and Tees Valley Combined Authority, finds that carbon capture using a cryogenic A3C process could achieve marine decarbonisation at 50% of a comparable cost for zero carbon fuels. The six-month project was funded under the UK Department for Transport’s (DfT) T-TRIG
- [New project to achieve 46% drop in CO2 emissions, claims Wärtsilä](https://ship.energy/industry-insights/new-project-to-achieve-46-drop-in-co2-emissions-claims-wartsila/): The Finnish group says its SeaTech project, a European Union-funded collaboration, could be a ‘gamechanger in the marine sector’, producing vast reductions in fuel consumption and gas emissions, and delivering a 400% return on investment. In June of this year, Wärtsilä officially launched the project alongside six partner companies and academic institutions. According to the
- [LR awards Digital Safe Security certification to Evergreen containership](https://ship.energy/industry-insights/lr-awards-digital-safe-security-certification-to-evergreen-containership/): The Ever Forward has been built to class in line with Lloyd’s Register’s Digital Ship notations, with elements of shipbuilder Samsung Heavy Industries’ smart ship solution (SVESSEL) certified against LR’s Digital Safe Security notation, demonstrating that access for autonomous and remote monitoring of the ship’s systems has been provided and assessed. Evergreen Marine Corp’s latest
- [UK Chamber of Shipping announces virtual conference](https://ship.energy/industry-insights/europe-uk-chamber-of-shipping-announces-virtual-conference/): The UK Shipping Conference: Creating Pathways to 2030’ will take place on 3 February 2021 and will be open to both members and non-members of the Chamber. In a statement, the UK Chamber said the aim of the event ‘is to generate pathways for the next decade which will enable progress to be measured towards
- [State of Play - Malaysia](https://ship.energy/industry-insights/state-of-play-malaysia/): Moving to Malaysia for the next in his series of decarbonisation overviews, Mark Williams finds that the country is making headway in its energy transition. Malaysia is a country of around 880 islands, many of which remain uninhabited, as most people live in peninsular Malaysia or the provinces of Sabah and Sarawak, which form East
- [New report charts UK downstream oil sector’s course to achieving net-zero](https://ship.energy/industry-insights/new-report-charts-uk-downstream-oil-sectors-course-to-achieving-net-zero/): The UK downstream oil sector is already playing a significant role in meeting societal targets for decarbonisation and is capable and willing to do more to reach net-zero, according to a new report released by the United Kingdom Petroleum Industry Association (UKPIA). Transition, Transformation, and Innovation: Our role in the Net-Zero Challenge looks at credible scenarios
- [Bureau Veritas makes senior appointments](https://ship.energy/industry-insights/bureau-veritas-makes-senior-appointments/): Mathieu Philippe has been appointed to the new position of Commercial Director – Marine, while Gijsbert de Jong succeeds Bengt Sangberg as Regional Marine Chief Executive, Nordics. Philippe reports to Bureau Veritas’ (BV) Marine & Offshore President Matthieu de Tugny, and leads the marine markets team, providing expertise and technology leadership across all major ship types, ship fuel
- [The race for decarbonisation](https://ship.energy/industry-insights/the-race-for-decarbonisation/): BAR Technologies’ CEO John Cooper explains how the company is drawing on its experience in other sectors to accelerate the next generation of shipping. The need to ship cargo around the world has existed for centuries and, as our global trade requirements have evolved, so too has the design of our vessels. From wind-powered galleons
- [Lloyd’s Register launches Maritime Decarbonisation Hub](https://ship.energy/industry-insights/lloyds-register-launches-maritime-decarbonisation-hub/): The hub, a joint initiative between Lloyd’s Register Group and Foundation, is described as ‘a dedicated centre of excellence’ intended to ‘accelerate the safe, sustainable and cost-effective decarbonisation of world shipping in support of delivering greenhouse gas reduction targets’. Led by LR’s Decarbonisation Programme Manager, Charles Haskell, the new initiative will bring together thought leaders
- [The final straw?](https://ship.energy/industry-insights/the-final-straw/): The future of Australia’s refineries appears to be in the balance as global oil demand remains sluggish but, says Mark Williams, their fortunes were on the wane well ahead of the arrival of COVID-19. After two consecutive loss-making quarters for the first time in over 30 years, ExxonMobil’s strategy of increasing oil output has been
- [MI welcomes IMO MSC’s adoption of interim guidelines on methanol](https://ship.energy/industry-insights/mi-welcomes-imo-mscs-adoption-of-interim-guidelines-on-methanol/): The Methanol Institute says the International Maritime Organization (IMO) Maritime Safety Committee’s (MSC) approval of guidelines on the use of ethyl and methyl alcohols as marine fuel will be the ‘catalyst for more ship operators to consider Methanol as a low carbon compliance option’. The Methanol Institute highlights that it is also working with shipyards
- [ICS: Industry facing the ‘financial iceberg’ of decarbonisation](https://ship.energy/industry-insights/ics-industry-facing-the-financial-iceberg-of-decarbonisation/): A new report from the International Chamber of Shipping (ICS) has laid bare the scale of the industry’s decarbonisation challenge and sets the scene for governments to back an industry proposal to form a global $5 billion research and development (R&D) fund to de-risk future investment. The report warns that a failure by governments to
- [New report offers blueprint to kickstart zero emission projects](https://ship.energy/industry-insights/new-report-offers-blueprint-to-kickstart-zero-emission-projects/): The report, produced by the Energy Transitions Commission for the Getting to Zero Coalition, says that ‘cost-lowering and de-risking strategies can reduce the total costs of the first commercial scale zero emission pilots by 30-50%’ but governments and shipping stakeholders will also have to step up to support maritime transport’s energy transition. The Getting to
- [State of Play – Norway](https://ship.energy/industry-insights/state-of-play-norway/): The Norwegian government is aiming for carbon neutrality by 2050 and a number of its shipowners are also at the forefront of the global push towards decarbonisation. A light in the darkness A country that spends so much time in winter darkness is going to have significant energy demand, and Norway does, despite a small
- [The dash for cash](https://ship.energy/industry-insights/the-dash-for-cash/): IRENA notes trillions of dollars are available from institutional investors for renewables funding but will shipping be able to argue its case? As we reported last week, a new report from the International Chamber of Shipping (ICS) has laid bare the scale of the industry’s decarbonisation challenge. It also sets the scene for governments to
- [Shipping’s CO2 emissions set to grow despite efficiency gains](https://ship.energy/industry-insights/shippings-co2-emissions-set-to-grow-despite-efficiency-gains/): An ageing global fleet and historically low levels of shipbuilding could challenge the realisation of the IMO’s CO2 reduction targets, says Swedish big-data firm Marine Benchmark. Using analysis of CO2 emissions based on vessel tracking data (AIS), vessel specification data and the vessel orderbook, Marine Benchmark suggests that CO2 emissions will continue to rise and
- [State of play: Finland](https://ship.energy/industry-insights/state-of-play-finland/): Finland may not be a premier league ship owning nation but it is certainly leading the charge in decarbonising the shipping industry. Tervehdi Kalevalan Kansaa (Hail the People of the Kalevala) The Finns are known for their environmental awareness. The national epic, the Kalevala, emphasises the centrality of nature to the continuation of human life.
- [Mitsubishi Heavy Industries plans green bond](https://ship.energy/industry-insights/mitsubishi-heavy-industries-plans-green-bond/): Mitsubishi Heavy Industries (MHI) has announced plans to issue its first ever ‘green bond’ to raise funds in Japan to support operations in renewable energy and clean power. MHI is a leading shipbuilder, with a portfolio including passenger ships, gas and oil tankers, floating production and storage platforms, Ro-Ro and Pure Car Carriers, container ships,
- [Assessing ammonia as a marine fuel](https://ship.energy/industry-insights/assessing-ammonia-as-a-marine-fuel/): Ammonia has great potential as a future zero-carbon fuel but safety, storage and energy challenges must be overcome, writes Sotirios Mamalis,Manager, Sustainability – Fuels & Technology, ABS. The maritime industry faces considerable challenges in adopting new technologies and operational practices to comply with increasingly strict international, national, and local regulations that span the reduction of
- [East Coast Australia JIP develops LNG forecasting solution](https://ship.energy/industry-insights/east-coast-australia-jip-develops-lng-forecasting-solution/): The East Coast Australia LNG Joint Industry Project (EC JIP) has developed an interactive dashboard that predicts LNG demand and enables scenario modelling in Australia. Facilitated by classification society DNV GL, project partners included oil and gas suppliers, LNG infrastructure consultants, ship owners and operators, charterers, industry associations, governmental agencies and regulators. The EC JIP
- [Ship emissions alter clouds’ behaviour, study finds](https://ship.energy/industry-insights/ship-emissions-alter-clouds-behaviour-study-finds/): Newly published research from The University of Manchester shows that some ships in the open ocean were emitting large amounts of sulphates from traces of sulphur in the fuel, with a strong potential to alter clouds’ behaviour and pollute coastal areas. According to The Univeristy of Manchester, when results were compared with ships measured in
- [MCA and University of Southampton to partner on autonomous ships, emission reduction research](https://ship.energy/industry-insights/mca-and-university-of-southampton-to-partner-on-autonomous-ships-emission-reduction-research/): The UK Maritime and Coastguard Agency (MCA) and University of Southampton have signed a memorandum of understanding (MoU) which will link research projects to top level work with design, manufacturer and operation of autonomous ships and emissions reduction. Students from the University will be able to benefit from training, internships and PhD placements at the
- [Powering up](https://ship.energy/industry-insights/powering-up/): Rolls-Royce’s Dr Daniel Chatterjee talks to Lesley Bankes-Hughes about the company’s innovative Power Lab project which is focusing on technology solutions to facilitate the energy transition – including Power to X technologies. Rolls-Royce’s new Power Lab was established earlier this year to focus on the development of cutting-edge technologies for the maritime and infrastructure sectors
- [Titan LNG launches ‘free-to-use’ LNG delivered prices](https://ship.energy/industry-insights/titan-lng-launches-free-to-use-lng-delivered-prices/): Accessed via its website, the company is providing information on LNG prices delivered onboard ‘in various quantities and ports’ and also offers indicative pricing on a weekly basis for Rotterdam, the North Sea, Baltic Sea, the Mediterranean and Singapore. Announcing the new offering today, Titan LNG said reference prices will be available for two drop
- [ICCT: IMO should consider scrubber phase out](https://ship.energy/industry-insights/icct-imo-should-consider-scrubber-phase-out/): Authors of a study published by the International Council on Clean Transportation (ICCT) say the International Maritime Organization (IMO) should consider prohibiting the use of scrubbers on newbuild ships and phasing out scrubbers on existing ships. The study, Air emissions and water pollution discharges from ships with scrubbers, argues that scrubbers are ‘not equivalently effective’
- [RightShip rolling out Maritime Emissions Portal on worldwide basis](https://ship.energy/industry-insights/rightship-rolling-out-maritime-emissions-portal-on-worldwide-basis/): After a pilot programme with Pilbara Ports Authority in Australia, RightShip is offering its maritime emissions solution to ports and terminals globally. Described as the ‘first sustainability assessment tool of its type’, the Maritime Emissions Portal (MEP) has been designed to support port operators to understand ship-based emissions more accurately and thereby identify opportunities to
- [State of play: Denmark](https://ship.energy/industry-insights/state-of-play-denmark/): Denmark is not standing still on decarbonisation. It has an ambitious CO2 reduction strategy in place and, as Mark Williams reports, shipping is firmly on the country’s ‘green’ agenda. There is Nothing Like a Dane (with apologies to Rodgers and Hammerstein) Denmark, like its Nordic neighbours, is a decarbonisation trendsetter. It is one of a
- [Step change – building a European maritime hydrogen infrastructure](https://ship.energy/industry-insights/step-change-building-a-european-maritime-hydrogen-infrastructure/): Following research from the Climate Partnership for Blue Denmark which estimates that bunkering infrastructure storage will consume up to 87% of the total investments needed to transition to cleaner fuels, the race is on to build production and storage capacity for hydrogen, ammonia and methanol. In a 24November announcement, Enterprise Energy, a renewables firm with
- [Dutch nautical college to offer WASP module](https://ship.energy/industry-insights/dutch-nautical-college-to-offer-wasp-module/): The Enkhuizen Nautical College in the Netherlands, which is the only college in Europe which focuses on teaching students to navigate under sail, is to offer a technical introduction to wind-assisted ship propulsion (WASP). College Director Cosmo Wassenaar commented on the introduction of the new module to the curriculum: ‘You should realise that there is
- [New CONCAWE study focuses on maritime emissions reduction pathways](https://ship.energy/industry-insights/new-concawe-study-focuses-on-maritime-emissions-reduction-pathways/): Business reality, a level playing field and technology neutrality are key for the decarbonisation of the maritime sector, says CONCAWE’s Damien Valdenaire. In his presentation during the first session of this week’s virtual ARACON bunker conference, Valdenaire of CONCAWE (the European Petroleum Refiners’ Association) acknowledged the impact of COVID-19 on oil refining operations in 2020,
- [IEA: ‘Weakest progress in a decade’ on energy efficiency](https://ship.energy/industry-insights/iea-weakest-progress-in-a-decade-on-energy-efficiency/): A new report by the International Energy Agency (IEA) says that a lack of progress on energy efficiency poses a threat to international climate goals and the next three years will be ‘a critical period’ in reversing this trend. According to the IEA, the already ‘sluggish’ pace of progress on energy efficiency is set to
- [State of play - Sweden](https://ship.energy/industry-insights/state-of-play-sweden/): Sweden is a clear first mover when it comes to implementing domestic decarbonisation measures, such as a carbon tax, and the country seems more than ready to apply such forward-thinking on CO2 reduction to the maritime sector Climate Policy In a 2019 review of energy policies, the International Energy Agency (IEA) named Sweden as a
- [The virtuous circle of renewables shipping](https://ship.energy/industry-insights/the-virtuous-circle-of-renewables-shipping/): The potential market for LH2 tankers could be very substantial if hydrogen replaces some of the coal, methane and oil that is currently shipped around the world. Australia’s Origin Energy has announced that its is to undertake an A$ 3.2 million feasibility study into building a hydrogen and ammonia export plant at Bell Bay in
- [E-fuel ‘badly needed’ to decarbonise ships, says T&E](https://ship.energy/industry-insights/e-fuel-badly-needed-to-decarbonise-ships-says-te/): A study commissioned by Brussels-based Transport & Environment (T&E) has found that electrofuels should be prioritised for ships and planes, most of which cannot use batteries to decarbonise and will generate huge demand for e-fuels. While many car and truck-makers want to use e-fuels like hydrogen and e-diesel to clean up road transport, the research,
- [Bunker broker LQM launches alternative bunker fuels database](https://ship.energy/industry-insights/bunker-broker-lqm-launches-alternative-bunker-fuels-database/): The ‘LQM Eco-Alternative Fuel (LEAF) database provides information on the location, availability and delivery methods for LNG, biofuel and biogas at global ports – ‘It’s super simple,’ LQM Chief Executive Daniel Rose tells shipenergy.local, ‘and we are adding methanol and hydrogen before the end of the year and the database will continue to grow as
- [State of Play – UK](https://ship.energy/industry-insights/state-of-play-uk/): Britannia talks the talk on decarbonisation but can she walk the walk? Mark Williams takes a closer look. The UK may not be a major shipowner or shipbuilder any more but its services sector remains important to the global shipping industry, and the International Maritime Organization (IMO) is still based in London. It used to
- [LR’s Nick Brown appointed to UK Chamber of Shipping Supervisory Board](https://ship.energy/industry-insights/lrs-nick-brown-appointed-to-uk-chamber-of-shipping-supervisory-board/): Nick Brown, Lloyd’s Register’s (LR) Marine and Offshore Director and the class society’s next Group CEO from 01 January 2021, has joined the Supervisory Board of the UK Chamber of Shipping. The UK Chamber of Shipping has 200 members drawn from across the UK’s maritime sector and its governing body is the Supervisory Board. This
- [LNG: Debunking the myths](https://ship.energy/industry-insights/lng-debunking-the-myths/): ‘LNG provides immediate greenhouse gas (GHG) reductions: if you look at the IMO 2030 targets you can hit those with LNG and it also provides a pathway for longer term decarbonisation – LNG is a story that is landing and is having an impact,’ SEA-LNG’s General Manager Steve Esau tells shipenergy.local. As with all industry
- [Poseidon Principles signatories issue first annual disclosure report](https://ship.energy/industry-insights/poseidon-principles-signatories-issue-first-annual-disclosure-report/): The ‘first-of-a-kind’ climate finance reports reveals that the ship finance portfolios of three banks are aligned with UN decarbonisation targets – while 12 banks’ portfolios are not. Established in June 2019, the Poseidon Principles became the first sector-specific climate alignment agreement for financial institutions. The Principles establish a global framework to quantitatively assess and disclose
- [shipenergy.local announced as Digital Partner for UK Chamber of Shipping Virtual Conference](https://ship.energy/industry-insights/ship-energy-announced-as-digital-partner-for-uk-chamber-of-shipping-virtual-conference/): The UK Chamber of Shipping has announced shipenergy.local as its Digital Media Partner for its first ever Virtual Conference: Creating Pathways to 2030. The day conference will take place on 11th February 2021 and consist of VIP speeches, Keynote Speakers and Breakout Sessions. The conference’s aim is to generate pathways for the next decade which
- [Great expectations?](https://ship.energy/industry-insights/great-expectations/): As the Trump presidency enters its final days, Mark Williams considers what the new Biden administration might do for maritime decarbonisation. In September this year we reviewed the US’s maritime decarbonisation policy and activity. While the Trump administration had repealed much of the preceding administration’s environmental policy, the US Maritime Administration (MARAD) had been left
- [Researchers design new molecules to boost fuel efficiency](https://ship.energy/industry-insights/researchers-design-new-molecules-to-boost-fuel-efficiency/): Researchers from Trinity College Dublin and Total have designed, synthesised and tested new additives that increase fuel efficiency. Led by Professor Stephen Dooley in Trinity’s School of Physics, the Trinity researchers undertook the project as a result of an open competition by Total, where their proposal welcomed several applications from research teams across the globe.
- [Port Corpus Christi joins SEA-LNG](https://ship.energy/industry-insights/port-corpus-christi-joins-sea-lng/): SEA-LNG has announced that Port Corpus Christi has become the fourth North American port to join the industry coalition. In a post on its social media channels, SEA-LNG highlighted the Gulf of Mexico port’s status as the ‘number one energy port in the Americas by total tonnage’. SEA-LNG said: ‘The sum of our achievements is
- [New project to pioneer ammonia for deep-sea shipping](https://ship.energy/industry-insights/new-project-to-pioneer-ammonia-for-deep-sea-shipping/): A new project, which has been granted funding from EU’s Research and Innovation program Horizon 2020 under its Fuel Cells and Hydrogen Joint Undertaking (FCH JU), is aiming to secure a place for ammonia in the future of deep-sea shipping. The project, ShipFC, will equip the offshore supply vessel Viking Energy, owned and operated by Eidesvik
- [Leading from the front](https://ship.energy/industry-insights/leading-from-the-front/): shipenergy.local reports on the first of a series of virtual ‘Road to Net Zero’ roadshows led by Maritime UK – with a focus on some innovative decarbonisation initiatives underway in the UK’s south west region. Maritime decarbonisation projects based in the UK’s south west were highlighted this week in the first of a series of
- [Maersk awarded ‘4.9 stars out of 5’ for environmental reporting](https://ship.energy/industry-insights/maersk-awarded-4-9-stars-out-of-5-for-environmental-reporting/): The Poland-based Gliese Foundation says that Maersk tops the list of the world’s 12 largest liner companies for its sustainability reporting, with Pacific International Lines coming bottom in the ranking. According to the Foundation, Maersk’s report ‘belongs to a different dimension than all the others because it does not only report on its actions during
- [Tailwinds of 2020](https://ship.energy/industry-insights/tailwinds-of-2020/): Gavin Allwright, Secretary of the International Windship Association (IWSA), considers how momentum has been building in the wind propulsion sector across 2020. Shipping has faced some historically significant challenges this year, we opened the year with IMO2020, the greatest change in fuel regulation in this century and we end the year still trying to come
- [New IRENA report focuses on cutting green hydrogen costs](https://ship.energy/industry-insights/new-irena-report-focuses-on-cutting-green-hydrogen-costs/): The International Renewable Energy Agency (IRENA) report finds that falling renewable power costs and improving electrolysers technologies could make green hydrogen cost competitive by 2030. The study, ‘Green Hydrogen Cost Reduction: scaling up renewables to meet the 1.5oC climate goal’, notes that green hydrogen can help to achieve net-zero carbon dioxide (CO2) emissions in energy-intensive,
- [Use data to drive decarbonisation progress](https://ship.energy/industry-insights/use-data-to-drive-decarbonisation-progress/): Kris Fumberger, Global Sustainability Manager at RightShip, highlights the potential insights that data and transparency can unlock for the future of sustainable shipping. In many respects our industry is making great strides in working towards maritime decarbonisation, but with 2030 targets becoming increasingly pressing, there is more to be done. In November 2020, IMO members
- [HSBC: Countdown to COP 26](https://ship.energy/industry-insights/hsbc-countdown-to-cop-26/): ‘In 2021, we can expect the sustainable finance market as a whole to continue growing strongly, providing solid returns for investors, and pathways to low-carbon transition for businesses,’ says Daniel Klier, Global Head of Sustainable Finance, HSBC. In an article published this week, Klier identifies five key climate trends for 2021 as the countdown begins
- [Insights: Alternative fuels and fuel technology in shipping](https://ship.energy/industry-insights/insights-alternative-fuels-and-fuel-technology-in-shipping/): Ankita Mishra recently completed an MSc in International Shipping at the University of Plymouth and she was a finalist in Maritime UK’s 2020 Maritime Masters programme. Her dissertation focused on alternative fuels and fuel technology in shipping, using the assessment criteria of fuel/technology price, emission levels, marine pollution, safety while handling, adaptability to existing ships
- [WPI receives funding for plastics-to-fuels project](https://ship.energy/industry-insights/wpi-receives-funding-for-plastics-to-fuels-project/): Worcester Polytechnic Institute (WPI) has been awarded $259,000 from the National Science Foundation to explore converting marine plastics into usable fuel for ships collecting plastics from the ocean. According to WTI, the project, ‘Probabilistic Analysis of Converting Marine-Borne Plastics into Usable Fuels’, is in response to the ‘heavy' pollution crisis’ the world's oceans are experiencing.
- [GIiese Foundation commends Poseidon Principles report – but with caveats](https://ship.energy/industry-insights/giiese-foundation-commends-poseidon-principles-report-but-with-caveats/): The Warsaw-based Gliese Foundation says the Poseidon Principles’ first Annual Disclosure report is ‘good’ but ‘the disclosure could have been better’. Established in June 2019, the Poseidon Principles became the first sector-specific climate alignment agreement for financial institutions. As reported by shipenergy.local, it’s ‘first-of-a-kind’ climate finance report, published last December, revealed that the ship finance
- [A glimpse into a multi-fuel future](https://ship.energy/industry-insights/a-glimpse-into-a-multi-fuel-future/): The clock is ticking on the IMO’s decarbonisation goals. What bunker fuels are likely contenders and for which ship types?
- [ESG: Can shipping step up to the plate?](https://ship.energy/industry-insights/esg-can-shipping-step-up-to-the-plate/): Investors are increasingly piling the pressure on companies to meet tough environmental, social and governance (ESG) standards – and they also want to know a lot more about the risk of decarbonisation to asset owners’ business models You have been warned In the shipenergy.local podcast of 11 November 2020, Tony Foster, CEO of Marine Capital
- [Getting to zero: taking a reality check on carbon reduction ambitions](https://ship.energy/industry-insights/getting-to-zero-taking-a-reality-check-on-carbon-reduction-ambitions/): New research from Channoil Consulting, in association with Gibson Shipbrokers, suggests that the short-term outlook for shipping could be a ‘lower carbon’ one rather than full-on decarbonisation. The recently published paper investigates the context of decarbonisation in the maritime sector, takes a reality check on the fuelling options and likely short-term solutions, and examines fuel
- [IEA warns of potential methane emissions spike](https://ship.energy/industry-insights/iea-warns-of-potential-methane-emissions-spike/): The International Energy Agency (IEA) is warning of a strong resurgence in methane emissions from global oil and gas production. Coronavirus triggered a reduction in oil and gas production which in turn saw methane emissions fall by an estimated 10% in 2020 – but these could rebound ‘strongly’ without greater action by companies, policy makers
- [Just a pipe dream?](https://ship.energy/industry-insights/just-a-pipe-dream/): Synthetic diesel produced renewably sounds like a ‘holy grail’ solution for shipping. Mark Williams considers whether synthetic CO2-based marine fuels might just be too good to be true – at least for now. Drop-in gorgeous Synthetic diesel produced in a renewable fashion, re-using the same amount or more of CO2 as is emitted by its
- [EBRD: More standardised reporting of climate risk needed](https://ship.energy/industry-insights/ebrd-more-standardised-reporting-of-climate-risk-needed/): The European Bank of Reconstruction and Development (EBRD) is part of a United Nations Environment Programme Finance Initiative (UNEP-FI)-led initiative calling for more financial institutions to move towards a market-wide and standardised approach on physical climate risk reporting. The call, which was made during a virtual meeting today (25 January) of the Climate Adaptation Summit
- [Van Oord launches open-access Climate Risk Overview online tool](https://ship.energy/industry-insights/van-oord-launches-open-access-climate-risk-overview-online-tool/): The Dutch maritime infrastructure specialist has developed the tool in collaboration with the Global Centre on Adaptation to enable users to identify at-risk coastal areas. The free to use Climate Risk Overview tool was announced at this week’s virtual Climate Adaptation Summit, hosted by the Netherlands. The tool uses a map to display a combination
- [Alfa Laval joins decarbonisation research centre](https://ship.energy/industry-insights/alfa-laval-joins-decarbonisation-research-centre/): Alfa Laval and Mærsk Mc-Kinney Møller Center for Zero Carbon (MCZCS) have signed a Strategic Corporate Partnership Agreement which will see the Swedish company become an official partner of the research centre. The collaboration will revolve around the development of low- and zero carbon technologies through joint projects and activities including the development of systems
- [LNG marine fuel – does it warrant its ‘transitional’ tag?](https://ship.energy/industry-insights/lng-marine-fuel-does-it-warrant-its-transitional-tag/): Will LNG have longevity as a marine fuel as shipping mulls its future energy options? Mark Williams considers the factors that will impact on LNG’s ‘staying power’. It is now clear that, while LNG offers an immediate cut in CO2 emissions compared to fuel oil and diesel at the point of combustion, it is no
- [New research group to look outside shipping for green solutions](https://ship.energy/industry-insights/new-research-group-to-look-outside-shipping-for-green-solutions/): A research group formed by Eco Marine Power (EMP) is seeking to draw inspiration from a range of sectors to focus on energy saving, emissions reduction and decarbonisation solutions in shipping. The Eco Marine Power Research Institute Advisory Group comprises founding partners ADNOC Logistics and Services, ZEABORN Ship Management Pte. Ltd. (Singapore), StarBulk, The Furukawa
- [New report focuses on ammonia’s potential role in the maritime industry](https://ship.energy/industry-insights/new-report-focuses-on-ammonias-potential-role-in-the-maritime-industry/): The Ammonia Report, published by Carbon Neutral Consulting, reviews the range of shipping’s future fuel choices, identifies ammonia as ‘a potentially well-qualified alternative’, and considers the degree of challenge involved in scaling ammonia up as a major marine fuel. ‘The IMO’s initial GHG strategy calls for a 50% reduction in the sector’s GHG emissions vs.
- [Hydrogen: squaring up to shipping's decarbonisation challenge](https://ship.energy/industry-insights/hydrogen-squaring-up-to-shippings-decarbonisation-challenge/): Hydrogen faces challenges common to other alternative fuels - price, availability, storage and the need for renewable feedstocks, writes Sotirios Mamalis, Manager, Sustainability, Fuels and Technology at class society ABS. Hydrogen is one of the potentially zero-carbon fuels that is being considered for use in marine applications of the future. Also being considered are ammonia
- [Maersk Tankers signs up to Sea Cargo Charter](https://ship.energy/industry-insights/maersk-tankers-signs-up-to-sea-cargo-charter/): Maersk Tankers’ CCO Eva Birgitte Bisgaard has called the Sea Cargo Charter ‘groundbreaking in what it can unlock’ following the company’s decision to sign up to the emissions reporting initiative. The tanker company has become the latest signatory to the charter which comprises some of the world's largest energy, agriculture, mining, and commodity trading companies,
- [Decarbonise or bust?](https://ship.energy/industry-insights/decarbonise-or-bust/): The energy transition needs to be profitable now, as well as in the decades to come, writes Mathieu Philippe, Marine Marketing & Sales Director at Bureau Veritas Looking at the current challenges shipping faces, we think there needs to be much more focus on total sustainability – social, environmental and commercial sustainability. We need to
- [Automation the quay to unlocking bunker transparency, says Rise-X](https://ship.energy/industry-insights/automation-the-quay-to-unlocking-bunker-transparency-says-rise-x/): Perth-based start-up rise-x says its QuayChain platform, which uses artificial intelligence, IoT, and blockchain technology, has the potential to increase transparency and traceability throughout the whole bunker-buying process. shipenergy.local speaks to Founder and Director Rowan Fenn to find out more. ‘There’s no good example of a single source of truth,’ says Rowan Fenn, Founder and
- [SSI publishes sustainability principles for marine fuels](https://ship.energy/industry-insights/ssi-publishes-sustainability-principles-for-marine-fuels/): A new white paper from the Sustainable Shipping Initiative (SSI) sets out 13 sustainability issues and principles surrounding low and zero carbon marine fuels which are under consideration as part of shipping’s energy transition. The paper, Defining sustainability criteria for zero and low carbon marine fuels, says attention must be paid to the lifecycle sustainability
- [Shipping facing ‘a brutal decade’ on its decarbonisation journey](https://ship.energy/industry-insights/shipping-facing-a-brutal-decade-on-its-decarbonisation-journey/): Panellists at today’s UK Chamber of Shipping conference on Pathways to 2030 weighed up the tough challenges facing shipping over de-risking investment in decarbonisation technologies and fuels whilst keeping up the pace on its energy transition. In an environment break-out meeting, moderated by Tom Strang, Senior Vice President Maritime Affairs for Carnival Corporation, the difficulties surrounding shipowners’
- [Henderson: ‘Apply energy efficiency technologies as much as we possibly can’](https://ship.energy/industry-insights/henderson-apply-energy-efficiency-technologies-as-much-as-we-possibly-can/): Using energy efficiency measures such as trim and draft optimisation, air lubrication and wind technology in combination with marine LNG can drive down shipping’s emissions by at least 40%, said Dr Grahaeme Henderson, Shell’s Global Head of Shipping at Maritime, during today’s UK Chamber of Shipping conference on Creating Pathways to 2030. While Shell has
- [Banking on change](https://ship.energy/industry-insights/banking-on-change/): Shipping’s energy transition will certainly come with a very high price tag. Sebastian Blum and Sebastian Fenk of KfW IPEX-Bank talk to Lesley Bankes-Hughes about financing the decarbonisation journey The International Maritime Organization’s (IMO) initial greenhouse gas (GHG) emissions reduction targets are well known and often quoted. Its ambitions of cutting shipping’s carbon emissions by
- [ECSA: Use EU MBM revenues for maritime R&D fund](https://ship.energy/industry-insights/ecsa-use-eu-mbm-revenues-for-maritime-rd-fund/): The European Community Shipowners’ Associations (ECSA) says a fund created from the proceeds of any European market-based measures could also help in bridging the price gap between new and conventional bunker fuels. The deadline for the European Commission’s public consultation period on the proposed EU emissions trading system (ETS) for shipping closed on 5 February
- [The great contenders: The case for hydrogen and ammonia as bunker fuels](https://ship.energy/industry-insights/the-great-contenders-the-case-for-hydrogen-and-ammonia-as-bunker-fuels/): The debate around the use of hydrogen and ammonia as future marine fuels is growing, but we still need answers to questions on issues such as availability, operational feasibility and cost. Mark Williams takes a closer look.
- [New WFW report looks at impact of ESG on shipping and finance](https://ship.energy/industry-insights/new-wfw-report-looks-at-impact-of-esg-on-shipping-and-finance/): A report from law firm Watson Farley & Williams says that reducing shipping’s carbon footprint tops the list of the industry’s key challenges but it also identifies a ‘big divide’ in the importance that owners and financiers currently attach to sustainability. The report, The Sustainability Imperative: ESG – Reshaping the funding and governance of shipping,
- [Peninsula joins SGMF](https://ship.energy/industry-insights/peninsula-joins-sgmf/): Having recently launched its LNG bunkering business, Peninsula has joined the Society for Gas as a Marine Fuel (SGMF). Explaining its decision, Peninsula said its association with SGMF would open up business connections for the company. ‘After a significant strategic planning exercise, we have recently commenced supplying LNG bunkers and we view SGMF as a
- [GEV: Scoping study confirms feasibility of compressed hydrogen supply chain](https://ship.energy/industry-insights/gev-scoping-study-confirms-feasibility-of-compressed-hydrogen-supply-chain/): Global Energy Ventures (GEV) says it has successfully completed a scoping study which confirms it can deliver a technically feasible emission free compressed hydrogen (C-H2) supply chain in the Asia Pacific region. According to GEV, the study demonstrates its C-H2 supply chain will be a competitive large-scale marine hydrogen transport solution up to 4,500 nautical
- [IEA: ‘Our numbers show we are returning to carbon-intensive business-as-usual’](https://ship.energy/industry-insights/iea-our-numbers-show-we-are-returning-to-carbon-intensive-business-as-usual/): The COVID-19 pandemic in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since World War II, according to International Energy Agency (IEA) data released today, but emissions are on the rise again. After a steep fall in early 2020, global energy-related CO2 emissions were 2% up year-on-year last December, with the
- [BIMCO: We need to talk about MBMs](https://ship.energy/industry-insights/bimco-we-need-to-talk-about-mbms/): Market-based measures could be a way of making low emission technologies competitive with traditional bunker fuels, says BIMCO, but such measures should be governed by global rules. The shipowners’ association is calling for states and the industry to start on dialogue on how to create a set of global rules for MBMs to support the
- [WSC appoints environmental and safety regulation experts](https://ship.energy/industry-insights/wsc-appoints-environmental-and-safety-regulation-experts/): The World Shipping Council (WSC) has appointed John Bradshaw as Technical Director for Environment and Safety and Dr James Corbett as Environmental Director, Europe. John Bradshaw takes up his role in mid-May, starting first from his current location in the UK and then moving to Singapore. In addition to supporting environmental work at the IMO
- [New study: A ‘quantified target’ for zero emission fuel uptake by 2030 would mobilise industry action](https://ship.energy/industry-insights/new-study-a-quantified-target-for-zero-emission-fuel-uptake-by-2030-would-mobilise-industry-action/): Zero carbon marine fuels would have to make up 5% of the fuel mix by 2030 in order to meet Paris climate targets, says a new report by COP26 Climate Champions, University College London and the Global Maritime Forum. The new study is authored by Peder Osterkamp Shipping Lead, COP26 Climate Champions, Dr Tristan Smith,
- [Industry experts to explore wind-assisted propulsion](https://ship.energy/industry-insights/industry-experts-to-explore-wind-assisted-propulsion/): Lean Marine and Smart Green Shipping are to join forces to discuss the methods and technologies required for maximising the power of wind-assisted propulsion. The companies will host a virtual industry seminar on 23 March, which will feature discussions focused on real-industry applications and technologies in addition to exploring the building of a ‘real’ hybrid
- [Should shipping press the nuclear button?](https://ship.energy/industry-insights/should-shipping-press-the-nuclear-button/): In brief, nuclear powered shipping has both had its day and has yet to have its day. It is unacceptable to public opinion at the moment and will probably stay so unless and until fuels which cannot be weaponised are available, and/or when the climate emergency becomes so drastic that the risk/ benefit analysis leans
- [Channoil rebrands, sets up new energy transition division](https://ship.energy/industry-insights/channoil-rebrands-sets-up-new-energy-transition-division/): UK-headquartered Channoil Consulting has relaunched as Channoil Energy and has established its Net-Zero-Solution division which will consult and advise on strategy and tactics to address the energy transition. Channoil has advised the energy and transport industry for over 20 years and is now broadening its scope to include areas such as preparing for the energy
- [New project to mitigate GHG emissions from Scottish fishing sector](https://ship.energy/industry-insights/new-project-to-mitigate-ghg-emissions-from-scottish-fishing-sector/): Fisheries Innovation Scotland (FIS) has announced a new project aimed at reducing greenhouse gas emissions (GHG) from the Scottish fishing sector. The project follows an invitation for expressions of interest issued in late 2020 by FIS, a public-private collaboration between seafood experts, government and scientists to champion innovation in the Scottish fishing industry. Responding to
- [The shipenergy.local summit – the countdown begins](https://ship.energy/industry-insights/the-ship-energy-summit-the-countdown-begins/): We are delighted to announce the companies and organisations who have signed up to speak at the inaugural online – and free-to-attend – shipenergy.local summit on 30-31 March. In this first of a series of shipenergy.local summits to be held across 2021, shipping’s key stakeholders will define and debate the major questions about the industry’s
- [‘Scrubbers are back on the agenda amongst ship-owners,’ says Yara Marine](https://ship.energy/industry-insights/scrubbers-are-back-on-the-agenda-amongst-ship-owners-says-yara-marine/): After experiencing a sharp downturn in the scrubber market caused by the pandemic disruption, Oslo-based Yara Marine Technologies has recorded ‘all-time high’ service and after sales numbers in its scrubber business in the first two months of the 2021. The company highlights that as scrubber warranties expire, shipowners are returning to the technology suppliers to
- [Liquid Wind joins Methanol Institute](https://ship.energy/industry-insights/liquid-wind-joins-methanol-institute/): Power-to-fuel company Liquid Wind has become the latest company to join the Methanol Institute, the global trade association for the methanol industry. Gothenburg-based Liquid Wind develops, finances, builds and manages facilities to produce renewable methanol. Each facility will combine captured biogenic carbon dioxide with renewable electricity in the form of hydrogen, to produce liquid, carbon
- [KPMG report focuses on green shipping](https://ship.energy/industry-insights/kpmg-report-focuses-on-green-shipping/): The new study looks at the current regulatory framework for shipping in terms of emissions reduction and also considers the importance of ESG strategies for shipping. The 'Pathway to Green Shipping' study also reviews future fuel options for the maritime sector. The report can be accessed here
- [Measuring up](https://ship.energy/industry-insights/measuring-up/): Next in shipenergy.local’s series on the fuel ‘candidates’ for shipping’s energy transition, Mark Williams considers methanol’s credentials Chemistry primer Historically known as wood alcohol and methyl alcohol, methanol is similar in composition to natural gas. Natural gas or methane has the chemical symbol of CH4 (one atom of carbon, four of hydrogen). To convert this
- [Study: LNG the most cost-effective option for newbuild tankers in terms of GHG emission cuts](https://ship.energy/industry-insights/study-lng-the-most-cost-effective-option-for-newbuild-tankers-in-terms-of-ghg-emission-cuts/): A joint industry project (JIP) has quantified the financial and environmental performance of certain fuel alternatives and technologies in order to define ‘realistic carbon-robust pathways’ for MR and LR2 tankers. The project involved participation from DNV, ship designer Deltamarin, Minerva Marine as a vessel manager, and Total as a charterer. The JIP focus on two
- [Xpansiv extends reach to Europe with OTX buy](https://ship.energy/industry-insights/xpansiv-extends-reach-to-europe-with-otx-buy/): Xpansiv CBL’s acquisition of Project OTX will create complementary customer base that can access an ‘ESG-centric’ platform that will incorporate conventional and bio-based fuels. Established in 2013, OTX is a provider for Compulsory Stockholding Obligations (CSO) and company has rapidly expanded into renewable fuels and renewable fuel certificates. With operations in London and Milan, OTX
- [Platts and SEA-LNG team up to provide LNG fuel price visibility](https://ship.energy/industry-insights/platts-and-sea-lng-team-up-to-provide-lng-fuel-price-visibility/): Industry coalition SEA-LNG will show monthly averages of S&P Global Platts’ daily LNG bunker price assessments on its website, as well as Platts’ fuel oil bunker assessments. The move is intended to give ship operators greater visibility of trends and price comparisons between conventional and marine LNG bunkers at the ports of Rotterdam and Singapore.
- [Seaspan Corporation joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping](https://ship.energy/industry-insights/seaspan-corporation-joins-maersk-mc-kinney-moller-center-for-zero-carbon-shipping/): Seaspan Corporation has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a strategic partner. Through the partnership, Seaspan will join forces with the Center and other leading players across the shipping sector to develop new alternative fuels and carbon neutral solutions. As a partner, Seaspan will directly contribute through secondments of R&D
- [Call to action](https://ship.energy/industry-insights/call-to-action/): While absolute emissions reductions must remain the top priority for the maritime industry, rigorous offsetting can play an important role in accelerating the pace of transition to a net-zero future, writes Tauni Berger of Xpansiv, a global marketplace for ESG-inclusive commodities. As the maritime industry seeks to decarbonise, there has been a flood of announcements
- [Horses for courses - or what fuel for which ship?](https://ship.energy/industry-insights/horses-for-courses-or-what-fuel-for-which-ship/): In the last of this short series looking at shipping’s future fuel options, Mark Williams takes stock of how the ‘contenders’ are shaping up. Over the past six weeks, we have run a series of features on the various low-carbon and zero-carbon alternatives to fuel oil that are available today or may become available in
- [shipenergy.local summit: Sterling PlanB – technologies working together on shipping's road to zero](https://ship.energy/industry-insights/ship-energy-summit-sterling-planb-technologies-working-together-on-shippings-road-to-zero/): Hydrogen is becoming a ‘range extender to batteries, and they work together very well,’ Paul Hughes, Co-founder and President of Sterling PlanB, told delegates at today’s online shipenergy.local summit. Hughes highlighted the increasing adoption of energy storage solutions (ESS) by the maritime sector over the past decade, and he estimated that 75%-95% of all newbuilds
- [WFW: Contractual considerations of MI and SI proposed carbon tax](https://ship.energy/industry-insights/wfw-contractual-considerations-of-mi-and-si-proposed-carbon-tax/): Watson Farley & Williams partners, Daniel Pilarski and Richard Stephens, take a closer look at the recent proposal from the Marshall Islands and the Solomon Islands to introduce a carbon levy on shipping’s emissions. The Marshall Islands and the Solomon Islands have proposed that the International Maritime Organization (IMO) impose a levy on carbon emissions
- [shipenergy.local summit: focusing on zero carbon fuels alone ‘is not enough’](https://ship.energy/industry-insights/ship-energy-summit-focusing-on-zero-carbon-fuels-alone-is-not-enough/): Other ‘ready to go’ options must be deployed in the 2020s, such as shore power, if maritime is going to hit Paris climate targets, says Simon Bullock, researcher at the Tyndall Centre for Climate Change. Giving a presentation at today’s shipenergy.local summit, Bullock said that while shipping will need to switch to zero carbon fuels,
- [How much?](https://ship.energy/industry-insights/how-much/): One of the fundamental questions about shipping’s decarbonisation is what are the comparable costs for its future fuels? The first problem in creating a comparison is that not all fuels are created equal - each has a different energy density. Mark Williams does the maths. To make renewable fuels work in shipping, prices have to
- [New ShippingLab platform will test and validate sustainable bunker fuels](https://ship.energy/industry-insights/new-shippinglab-platform-will-test-and-validate-sustainable-bunker-fuels/): The new ShippingLab project is a joint industry initiative to develop an open platform for existing and future test facilities both in Denmark and internationally. Stakeholders behind the platform include the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Alfa Laval, MAN Energy Solutions, DS Norden, A.P. Møller – Mærsk and biofuel supplier MASH Energy.
- [DNV: Record monthly orders for LNG-fuelled vessels in March](https://ship.energy/industry-insights/dnv-record-monthly-orders-for-lng-fuelled-vessels-in-march/): Near 50 LNG-fuelled vessels have been ordered in 2021, already matching total number of orders for last year. DNV Principal Consultant Martin Christian Wold has also highlighted that in March the class society recorded the highest monthly number of LNG-fuelled vessel orders since it began tracking the orderbook 10 years ago. In March, 21 ships
- [McKinsey joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as knowledge partner](https://ship.energy/industry-insights/mckinsey-joins-maersk-mc-kinney-moller-center-for-zero-carbon-shipping-as-knowledge-partner/): ‘To get to a point of true impact and materiality in 2030, we need to increase decarbonisation efforts and investments by a factor of 100 compared with what we are seeing at the moment,' said the Center’s CEO Bo Cerup-Simonsen in an interview with the management consultancy. The next decade will be about ‘building confidence,
- [EHB outlines ambition for 40,000 km hydrogen transport infrastructure](https://ship.energy/industry-insights/ehb-outlines-ambition-for-40000-km-hydrogen-transport-infrastructure/): As discussion continues about supply chains for shipping’s new fuels, the European Hydrogen Backbone (EHB) has launched its vision for a hydrogen network connecting 21 countries by 2040. The new proposal picks up on, and increases the ambition of, the proposals of an earlier EHB report published last July, which focused on a hydrogen network
- [Energy trader Gunvor joins carbon capture think tank](https://ship.energy/industry-insights/energy-trader-gunvor-joins-carbon-capture-think-tank/): Gunvor has signed up to the Global Carbon Capture & Storage (CSS) Institute, with the energy trader’s Global Head of Portfolio, Shahb Richyal, commenting: ‘Gunvor is committed to reducing greenhouse gas emissions across our businesses and activities, and we see investments in CCS as a key part of this.’ Global CCS Institute's members include governments,
- [New Sphera study confirms LNG cuts well-to-wake GHG emissions by up to 23%](https://ship.energy/industry-insights/new-sphera-study-confirms-lng-cuts-well-to-wake-ghg-emissions-by-up-to-23/): Sphera’s second Lifecycle GHG Emissions Study on the use of LNG as a marine fuel, published today, shows that greenhouse gas emission reductions of up to 23% are achievable on a well-to-wake basis – depending on the marine technology used – compared with the emissions of oil-based bunker fuels. This second report, commissioned by industry
- [Boxing clever?](https://ship.energy/industry-insights/boxing-clever/): Liner companies are certainly doing their bit for the LNG-fuelled vessel orderbook but what will their future fuel choices be when other options come to the market? We are asking for your feedback on the likely energy outlook for container shipping. The first ship-to-container ship LNG bunkering operation in Asia took place on 24 March
- [The clock is ticking on shipping’s decarbonisation, says new MAN ES report](https://ship.energy/industry-insights/the-clock-is-ticking-on-shippings-decarbonisation-says-new-man-es-report/): The #AHOY2050 study highlights that 2050 is ‘just a single ship-generation away’, and actions such as a complete ban on fossil fuels in the second half of this decade could provide the impetus for shipping to move ahead on its decarbonisation targets. The new report, drafted by MAN Energy Solutions and the Fraunhofer Institute for
- [Henderson: Shell will be advocating for a global market price on shipping’s carbon emissions](https://ship.energy/industry-insights/henderson-shell-will-be-advocating-for-a-global-market-price-on-shippings-carbon-emissions/): ‘We need a policy landscape that encourages us to make emissions reductions right now and not to move emissions to a different part of the supply chain,’ said Shell’s Grahaeme Henderson at today’s Singapore Maritime Technology conference. In his speech Henderson set out Shell’s approach to decarbonisation which is focused on three key areas: future
- [shipenergy.local survey: future fuel choices for the containership fleet](https://ship.energy/industry-insights/ship-energy-survey-future-fuel-choices-for-the-containership-fleet/): The containership segment has had a profitable time during, and because of, the coronavirus pandemic, so are owners beginning to think about fleet renewal? If they are, are they in a mood to consider newbuilds operating on not just LNG, but also methanol, ammonia, hydrogen and even using fuel cells, depending on the size of
- [Going inland](https://ship.energy/industry-insights/going-inland/): While the deep sea and short sea shipping sectors mull their decarbonisation options, the ‘shift to green’ is also high on the agenda of inland waterway freight transport operators. Mark Williams looks at how the inland barge industry is stepping up to the mark on new fuels and technologies. Europe’s inland waterway network is an
- [Flag states and class societies set up decarbonisation technology forum – with a strong focus on safety](https://ship.energy/industry-insights/flag-states-and-class-societies-set-up-decarbonisation-technology-forum-with-a-strong-focus-on-safety/): ‘We can’t have progress [on decarbonisation] if it doesn’t come safely – there is a new risk landscape,’ comments Knut Ørbeck-Nilssen, CEO of DNV, one of seven organisations that are the founding members of the Maritime Technologies Forum. The MTF, announced today, has been formed by the American Bureau of Shipping (ABS), DNV, Japan’s Maritime
- [Trafigura: Shipping’s decarbonisation requires ‘the strongest possible regulatory framework’](https://ship.energy/industry-insights/trafigura-shippings-decarbonisation-requires-the-strongest-possible-regulatory-framework/): ‘We are of a very, very firm view that we need to introduce a carbon levy and we believe it is best done by the IMO as it is the global governing body for shipping,’ said Rasmus Bach Nielsen, Trafigura’s Global Head of Fuel Decarbonisation, at last week’s Decarbonisation and Shipping webinar hosted by the
- [New ICCT study urges policymakers to act on environmental impact of scrubber washwater](https://ship.energy/industry-insights/new-icct-study-urges-policymakers-to-act-on-environmental-impact-of-scrubber-washwater/): The study, the first to assess the global impact of scrubber washwater, estimates 80% is discharged within 200 nautical miles of shore, with hotspots including the seas around Europe, the Strait of Malacca and the Caribbean Sea. The report bases its findings on pre-pandemic traffic patterns for ships that were fitted with scrubbers by the
- [Monjasa commits to measuring direct and indirect CO2 emissions](https://ship.energy/industry-insights/monjasa-commits-to-measuring-direct-and-indirect-co2-emissions/): In its new Responsibility Report, Danish bunker supplier Monjasa sets out its priorities in relation to climate impact, industry governance and the working environment, and says it is ‘determined to take an active part in discussions on the shipping industry's transition to new fuels’. In establishing its future ambitions and strategies on major issues such
- [BV publishes Ammonia-Prepared notation](https://ship.energy/industry-insights/bv-publishes-ammonia-prepared-notation/): Class society Bureau Veritas has issued an Ammonia-Prepared notation and the development of a Rule Note for ammonia as a marine fuel is also underway. The Ammonia-Prepared notation is applicable to newbuilds and certifies that a ship has been designed and constructed to be converted to use ammonia as fuel at a later date. The
- [Hydrogen will be ‘crucial’ in delivering EU’s net zero ambitions](https://ship.energy/industry-insights/hydrogen-will-be-crucial-in-delivering-eus-net-zero-ambitions/): A new study from SINTEF and European partners finds that hitting Europe's 2050 climate targets ‘in the most cost-effective way’ will require storage of 1,400 megatons of CO2 per year, which is almost 1,000 times more than the storage capacity planned for the first phase of Norway's carbon capture and storage (CCS) Longship project. The
- [Orderbook for LNG-fuelled vessels rises 50% month on month](https://ship.energy/industry-insights/orderbook-for-lng-fuelled-vessels-rises-50-month-on-month/): DNV’s Alternative Fuels Insight platform has reported that another 31 LNG-fuelled vessels were added to the global order book, outstripping the record number posted in March by 50%. As previously reported, in March the class society recorded the highest monthly number of LNG-fuelled vessel orders since it began tracking the orderbook 10 years ago. Orders
- [Ticking the boxes](https://ship.energy/industry-insights/ticking-the-boxes/): Mark Williams analyses the results of the shipenergy.local survey on the potential impact of decarbonisation on the container shipping sector – and finds the majority of respondents are braced for carbon levies to be introduced for shipping in the years before 2030. G7 leaders are meeting in London this week for the first time in
- [The first shipenergy.local summit – presentations and panel discussions now online](https://ship.energy/industry-insights/the-ship-energy-summit-presentations-and-panel-discussions-now-online/): At the first virtual shipenergy.local summit, which took place on 30-31 March 2021, industry leaders, practitioners, analysts and commentators defined and debated many of the pressing and critical questions on shipping’s decarbonisation. All the presentations and panel discussions can now be accessed here or via the shipenergy.local Knowledge Hub.
- [Chief Economist appointed at Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping](https://ship.energy/industry-insights/chief-economist-appointed-at-maersk-mc-kinney-moller-center-for-zero-carbon-shipping/): Sara Åhlén Björk, who has taken up the position of Chief Economist at the Copenhagen-based research centre, was previously Chief Economist at the Handelskammaren, the South Swedish Chamber of Industry and Commerce. According to her LinkedIn profile, Sara Åhlén Björk has also held senior roles at Nordea Markets and worked as a senior analyst at
- [Examining safety standards for energy storage systems](https://ship.energy/industry-insights/examining-safety-standards-for-energy-storage-systems/): With Energy Storage Systems expected to play an important role in shipping's decarbonisation transition, Sterling PBES CEO Brent Perry examines some of the key safety questions. March this year saw another explosion on a battery-powered vessel in Norway. Early reports suggest that the batteries may have been exposed to heat which could have produced explosive
- [Cross-industry project will assess decarbonisation paths for existing fleet](https://ship.energy/industry-insights/cross-industry-project-will-assess-decarbonisation-paths-for-existing-fleet/): American Bureau of Shipping, A.P. Moller – Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Seaspan Corporation, Total and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping will embark on a project to assess the options for retrofitting existing vessels to operate on zero carbon fuels and technologies. Announcing the initiative, the partners
- [Harvest season](https://ship.energy/industry-insights/harvest-season/): Offshore wind farms figure large – in all senses of the word - in meeting the burgeoning global demand for renewable energy, and the highly specialised offshore vessels that support these powerhouses will also have to prove their own green credentials. Offshore wind is likely to get a big boost this year at COP26 and
- [Sector coupling likely to define future shipping fuel and availability, says Campbell](https://ship.energy/industry-insights/sector-coupling-likely-to-define-future-shipping-fuel-and-availability-says-campbell/): Schulte Group’s Angus Campbell says industries will need to share a similar ‘destination fuel’ in the energy transition. Speaking during Riviera Maritime Media’s The case for LNG and LPG-fuelled tankers webinar this week, Campbell highlighted shipping’s status as a ‘small player’ in the overall global energy consumption equation. ‘[Shipping is] not going to be the
- [Haldor Topsoe CEO to meet with US Department of State](https://ship.energy/industry-insights/haldor-topsoe-ceo-to-meet-with-us-department-of-state/): Haldor Topsoe CEO and President Roeland Baan is to meet a delegation from the US Department of State to present how the company’s technologies can support the Biden Administration’s goal of achieving net-zero greenhouse gas emissions by 2050. The delegation is scheduled to meet with a group of Danish business leaders today (17 May) to discuss
- [ABS publishes biofuel bunkers guidance](https://ship.energy/industry-insights/abs-publishes-biofuel-bunkers-guidance/): Continuing its series of alternative bunkers guidance, ABS has published a whitepaper examining the potential of biofuels in shipping. The Sustainability Whitepaper: Biofuels as Marine Fuel gives an overview of the various types of marine liquid biofuels that are ‘drop-in’ fuel options for replacing conventional fuels in both the near and long-term and their potential to contribute
- [IEA: World has ‘narrow’ pathway to net-zero emissions by 2050](https://ship.energy/industry-insights/iea-world-has-narrow-pathway-to-net-zero-emissions-by-2050/): A new report from the International Energy Agency (IEA) says there is a ‘viable pathway’ to achieving a global energy sector with net-zero emissions by 2050 but it is a narrow one, requiring ‘an unprecedented transformation of how energy is produced, transported and used globally’. According to the report, 'Net Zero by 2050: a Roadmap
- [Stand.earth: IEA 2050 report spells the end of the line for fossil fuel projects](https://ship.energy/industry-insights/stand-earth-iea-2050-report-spells-the-end-of-the-line-for-fossil-fuel-projects/): The findings of the International Energy Agency’s (IEA) new report on the energy sector’s roadmap to net zero make it clear ‘that governments will need to take action to stop expanding oil, gas and coal projects and plan for a wind down,’ said Tzeporah Berman, International Program Director for environmental group Stand.earth and Chair of
- [GRM’s new strategic path includes clean energy and global expansion plans](https://ship.energy/industry-insights/grms-new-strategic-path-includes-clean-energy-and-global-expansion-plans/): Launching a new five-year business strategy and brand identity, Global Risk Management (GRM) says it will promote ‘cleaner energy choices’ and work with parent company Bunker Holding to provide insights into new and alternative energy sources. In continuing to provide energy price risk management, GRM said its new strategic initiatives will be essential in fulfilling
- [Xodus delivers oil release risk review for UK Maritime & Coastguard Agency](https://ship.energy/industry-insights/xodus-delivers-oil-release-risk-review-for-uk-maritime-coastguard-agency/): Global energy consultancy Xodus, in association with London Marine Consultants, has delivered a review of the hydrocarbon release risk on the UK Continental Shelf over the next decade for the country’s Maritime & Coastguard Agency (MCA). The high-level review evaluated the risk of a serious mineral oil release occurring in UK waters from vessels of
- [More than a pipe dream?](https://ship.energy/industry-insights/more-than-a-pipe-dream/): How realistic is the prospect of zero carbon dry bulk shipping? Mark Williams explains the technical, operational and regulatory challenges that the sector faces, and looks at some of the initiatives underway to overcome them. Bulk carriers are generally thought of as one of the hardest sectors of shipping to decarbonise for several reasons: First,
- [MHI joins vessel retrofit project](https://ship.energy/industry-insights/mhi-joins-vessel-retrofit-project/): Mitsubishi Heavy Industries (MHI) is joining a recently announced project led by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping which is looking at the options for retrofitting existing vessels to operation on zero carbon fuels and technologies. Two MHI companies will be involved in the project - Mitsubishi Shipbuilding Co. and Mitsubishi Heavy
- [Wärtsilä talks through its new fuels roadmap](https://ship.energy/industry-insights/wartsila-talks-through-its-new-fuels-roadmap/): The Finnish marine and energy group has highlighted the ‘enormous potential’ of the marine internal combustion engine for ‘rapid carbon emission reduction’ and as an enabler for existing and new vessels to make the transition to green fuels. At a webinar this week, senior Wärtsilä executives outlined the company’s approach to shipping’s decarbonisation, with Håkan
- [Intertek Lanka to establish testing laboratory at Hambantota International Port](https://ship.energy/industry-insights/intertek-lanka-to-establish-testing-laboratory-at-hambantota-international-port/): Hambantota International Port (HIP) is to partner with Intertek Lanka to establish a ‘state-of-the-art’ petroleum testing laboratory which it says will be unique to Sri Lanka. Through this facility, Intertek will provide innovative and bespoke assurance, testing, inspection and certification services. Johnson Liu, CEO of Hambantota International Port Group (HIPG) said: ‘HIPG has great potential
- [Engie reduces stake in GTT](https://ship.energy/industry-insights/engie-reduces-stake-in-gtt/): Engie has sold 3.7 million GTT shares, representing 10% of the company’s share capital, and now holds around a 30% interest in the membrane containment system specialist. Engie sold the shares through an accelerated bookbuild process at a price of €67 per share. At the same time, Engie also announced the issue of an exchangeable
- [WinGD outlines engine design approach for new marine fuels](https://ship.energy/industry-insights/wingd-outlines-engine-design-approach-for-new-marine-fuels/): The engine developer has published a white paper today (27 May) in which it discusses its ‘toolbox’ for technology development, which includes testing facilities for engines and fuel systems, simulation technologies and a proprietary process for validating new bunker fuels. In the white paper, Future ready: Extending the engine research toolbox to validate clean shipping
- [Must do better: Shell told to cut GHG emissions by 45% by 2030](https://ship.energy/industry-insights/must-do-better-shell-told-to-cut-ghg-emissions-by-45-by-2030/): A ruling by a court in The Hague yesterday (26 May) could derail Shell’s own decarbonisation timelines and may have far-reaching ramifications for other global oil heavyweights. Legal action against Shell had been brought by Friends of the Earth Netherlands (Milieudefensie), along with 17,00 co-plaintiffs and six other organisations. Following the court ruling, Friends of
- [Positives and negatives](https://ship.energy/industry-insights/positives-and-negatives/): To meet anticipated demand, the world needs hydrogen generation that, among other things, is cheap, scalable and preferably carbon negative. Mark William spells out the production challenge and highlights a potential solution. The North Atlantic Jet Stream has moved South this May, causing the wettest and windiest May in UK history. Pubs and restaurants were
- [Stolt Tankers joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping](https://ship.energy/industry-insights/stolt-tankers-joins-maersk-mc-kinney-moller-center-for-zero-carbon-shipping/): Stolt Tankers has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a Strategic Partner. Through the partnership, the two organisations commit to extensive knowledge sharing and to exploring future fuel pathways where Stolt Tankers bring expertise around the challenges and safety aspects of handling fuels and chemicals both at sea and in
- [Mercuria to share emissions data with C4IR Oceans’ platform](https://ship.energy/industry-insights/mercuria-to-share-emissions-data-with-c4ir-oceans-platform/): The global commodity trader has joined C4IR Ocean and will contribute information to its Ocean Data, including fuel data from its tanker fleet. Mercuria will be contributing to the Ocean Data Platform by using its expertise as suppliers to the global shipping market and as owners of a vessel fleet. A concrete example of its
- [Industry Insight: Driving emissions down with data](https://ship.energy/industry-insights/industry-insight-driving-emissions-down-with-data/): Simon Whitford, CEO, GreenSteam How the shipping industry can use machine learning to reduce emissions and cut fuel costs The shipping industry accounts for 2.5% of global greenhouse gas emissions – and calls for this to change have become increasingly urgent. The IMO is due to consider proposals for market-based measures to drive shipping companies
- [VPS acquires digital services company Yxney](https://ship.energy/industry-insights/vps-acquires-digital-services-company-yxney/): The fuel testing company has acquired Yxney Maritime to support shipping’s decarbonisation drive and also to build on its growing digital services offering. Yxney’s advanced analytical software, Maress, provides data analytics in order to reduce a vessel’s fuel consumption and emissions profile. VPS’s CEO Malcolm Cooper commented on the acquisition: ‘With the increased focus on
- [UK MCA joins Mærsk Mc-Kinney Møller Center](https://ship.energy/industry-insights/uk-mca-joins-maersk-mc-kinney-moller-center/): The UK Maritime & Coastguard Agency is joining the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a Knowledge Partner. The two organisations will share their respective expertise as they work to accelerate the development and implementation of the future fuels and solutions needed to decarbonise shipping. This will involve joint activities on an
- [Mitsubishi Corporation, NYK announce decarbonisation startup accelerator programme](https://ship.energy/industry-insights/mitsubishi-corporation-nyk-announce-decarbonisation-startup-accelerator-programme/): Mitsubishi Corporation and NYK are to team up with Startupbootcamp Australia (SBC Australia) on a new startup accelerator programme designed to promote efforts to decarbonise. The programme aims to scout and support promising startups with disruptive technologies and business ideas to solve problems in the energy and resource sectors. The new programme is expected to
- [METIS sets up Canadian subsidiary, announces global growth ambitions](https://ship.energy/industry-insights/metis-sets-up-canadian-subsidiary-announces-global-growth-ambitions/): Maritime data analytics firm METIS Cyberspace Technology has launched an operation in Vancouver to drive business growth in North America, and the company will also be announcing new global locations ‘in the near future’. The new Canadian subsidiary is led by Dimitris Bouras in the role of Managing Director. He will oversee METIS’s sales and
- [Decarbonising the barrel](https://ship.energy/industry-insights/decarbonising-the-barrel/): Through its Intertek CarbonClear and newly launched Intertek CarbonZero programmes, total quality assurance provider Intertek is equipping the oil and gas sector with the tools it requires to assess and verify E&P carbon emissions. The company tells shipenergy.local how it is delivering transparency on carbon emissions. Our carbon intensity certification programme, Intertek CarbonClear, is designed
- [New ICS and ECSA study raises concerns over FuelEU Maritime proposal](https://ship.energy/industry-insights/new-ics-and-ecsa-study-raises-concerns-over-fueleu-maritime-proposal/): The joint study finds that the FuelEU Maritime proposal has the potential to mandate the use of biofuels if other viable alternative fuels are not available and would also make shipowners accountable for the quality of fuels, when this should be the responsibility of fuel suppliers. The study, 'FuelEU Maritime – Avoiding Unintended Consequences', was
- [Rystad Energy launches new energy transition offering](https://ship.energy/industry-insights/rystad-energy-launches-new-energy-transition-offering/): Energy research and business intelligence company Rystad Energy has launched its Energy Transition Solution suite, bringing new and existing products into one grouping. Rystad’s existing Renewable Energy and Emissions offerings are paired with five new products: Hydrogen, Carbon Capture & Storage (CCS), Batteries, Power and Energy Transition Analytics, all of which can be supported by
- [ABS releases guidance on hydrogen as bunkers](https://ship.energy/industry-insights/abs-releases-guidance-on-hydrogen-as-bunkers/): In the latest in its series of sustainability whitepapers, class society ABS has explored the potential for the use of hydrogen as a marine fuel. Sustainability Whitepaper: Hydrogen as Marine Fuel follows similar studies on ammonia, LNG, methanol and biofuels. In the latest whitepaper, ABS explores hydrogen’s potential to reduce emissions from shipping, while evaluating its
- [DNV launches digital EEXI Calculator](https://ship.energy/industry-insights/dnv-launches-digital-eexi-calculator/): DNV has today (17 June) launched the EEXI Calculator – a digital tool to support customers in ensuring their compliance with the upcoming Energy Efficiency Existing Ship Index (EEXI). As previously reported, the regulation is expected to be adopted at this week’s 76th meeting of the Marine Environment Protection Committee (MEPC 76), and will take
- [Decarbonisation by default?](https://ship.energy/industry-insights/decarbonisation-by-default/): For many privately-held independent shipowners, the decarbonisation of their customers may mean the decarbonisation of their own business by default as demand for oil, coal and eventually natural gas will all evaporate. But, asks Mark Williams, when might such a decarbonisation tipping point be? If the global economy is to decarbonise, then the global economy
- [MEPC 76: What did you expect?](https://ship.energy/industry-insights/mepc-76-what-did-you-expect/): Mark Williams offers his take on the outcomes of last week’s Marine Environment Protection Committee (MEPC) meeting and suggests that shipping’s energy transition is already well underway, irrespective of progress – or otherwise – on decarbonisation discussions at the International Maritime Organization. Measurable output The IMO’s Marine Environment Protection Committee (MEPC) meeting last week has
- [Boston Consulting Group joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping](https://ship.energy/industry-insights/boston-consulting-group-joins-maersk-mc-kinney-moller-center-for-zero-carbon-shipping/): Boston Consulting Group (BCG) is the latest company to join the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The management consulting firm has signed an agreement to become a knowledge partner of the not-for-profit research centre, which launched last year. The partnership will focus on strategic elements of the zero-carbon transition such as knowledge
- [SEA-LNG: Greater understanding of marine fuels’ energy density required](https://ship.energy/industry-insights/sea-lng-greater-understanding-of-marine-fuels-energy-density-required/): Industry coalition SEA-LNG believes that greater understanding around the comparative pricing, vessel performance and procurement of marine fuels is required to avoid costly mistakes as companies plan their decarbonisation pathway. The statement comes after the coalition examined the individual capabilities and requirements of low emissions future fuels. This included the impact that fuels’ energy density
- [Global Maritime Forum expands executive management team](https://ship.energy/industry-insights/global-maritime-forum-expands-executive-management-team/): Not-for-profit organisation Global Maritime Forum has appointed its Managing Director, Head of Projects & Programmes, Johannah Christensen, as Chief Executive Officer, while Head of Research Kasper Søgaard becomes Managing Director, Head of Institutional Strategy and Development. Christensen joined Global Maritime Forum in March 2017, and her previous roles include stints at Danish Maritime Days, INDEX
- [ClassNK releases EEXI compliance aid](https://ship.energy/industry-insights/classnk-releases-eexi-compliance-aid/): ClassNK has launched its EEXI Simplified Planner, an assessment tool for the Energy Efficiency Existing Ship Index (EEXI) which comes into effect from 2023. The EEXI Simplified Planner provides the approximated calculation of a ship’s EEXI by inputting DWT and maximum continuous rating (MCR), and it then identifies whether the value complies with the regulation.
- [Ten more years: oil demand growth may slow shipping’s decarbonisation](https://ship.energy/industry-insights/ten-more-years-oil-demand-growth-may-slow-shippings-decarbonisation/): As oil markets get back to a pre-pandemic normal, Mark Williams reflects on how long normality will last in a world in which the short-term disruption of the pandemic gives way to the longer-term disruption of the energy transition. Oil consumption is recovering In the last month, US demand for distillates and gasoline resumed their
- [IEA: LNG bunker fuel demand to rise threefold by 2024](https://ship.energy/industry-insights/iea-lng-bunker-fuel-demand-to-rise-threefold-by-2024/): A new report from the International Energy Agency (IEA) says LNG bunker fuel demand could triple from 2020 levels to reach nearly 7 bcm by 2024. According to the Gas Market Report – Q3 2021, IMO 2020 has triggered an acceleration in the use of LNG as a marine fuel. As of January 2021, LNG-fuelled
- [New report addresses shipping’s decarbonisation and investment timing](https://ship.energy/industry-insights/new-report-addresses-shippings-decarbonisation-and-investment-timing/): Shipping’s decarbonisation will cost trillions of dollars and in its extensive new report, 'Shipping’s Energy Transition and Investment Timing', maritime consultancy Shipping Strategy surveys national decarbonisation policies, new fuel and technology options and considers how investors can make a reasonable summary of these issues and how they apply to the market for newbuilding or second-hand
- [ABB debuts ship performance optimisation platform](https://ship.energy/industry-insights/abb-debuts-ship-performance-optimisation-platform/): ABB Ability Marine Fleet Intelligence – Advisory gives an overview of all data collected from shipboard systems to provide a ship’s operational performance with another vessel, with ships built to the same specifications, or the entire fleet. The new platform, which is offered as a SaaS (Software as a Service), draws on system data points
- [Maritime UK: Maritime ‘largely overlooked’ in UK government’s new transport decarbonisation plan](https://ship.energy/industry-insights/maritime-uk-maritime-largely-overlooked-in-uk-governments-new-transport-decarbonisation-plan/): The plan, published today (14 July), has a heavy focus on developing strategies to decarbonise the UK’s domestic road transport sector as well as public transport and the rail network, but the UK Transport Secretary Grant Shapps did offer some broad-brush commitments to ‘greening’ the country’s shipping industry, such as ‘consulting on how we get
- [EC calls for shipping to be included in existing EU ETS](https://ship.energy/industry-insights/ec-calls-for-shipping-to-be-included-in-existing-eu-ets/): The European Commission has delivered its verdict on shipping’s inclusion in Europe’s emissions trading system (ETS). Those who had perhaps hoped for a separate shipping ETS will be disappointed, and under the EC’s proposal published today (14 July) the ETS will apply to all shipping emissions from vessels calling at an EU port on intra-EU
- [EC unveils FuelEU Maritime proposals](https://ship.energy/industry-insights/ec-unveils-fueleu-maritime-proposals/): The initiative, which is aimed at increasing shipping’s uptake of renewable and low carbon fuels (RLF), has been criticised in some quarters for supporting the use of LNG and biofuels rather than encouraging a shift to low/zero carbon fuels such as green hydrogen. As part of a basket of long-awaited measures intended to accelerate Europe’s
- [ESG – shipping’s latest TLA*](https://ship.energy/industry-insights/esg-shippings-latest-tla/): Environmental, Social and Governance standards are subjecting the shipping industry to new levels of scrutiny. Companies won’t necessarily play by the new rules, but Mark Williams argues that corporate and cultural inertia will eventually result in not being allowed to play the game at all Shipping, we must admit, has some reputational issues. The industry
- [Decarbonisation and shipping: alternative fuels](https://ship.energy/industry-insights/decarbonisation-and-shipping-alternative-fuels/): Hill Dickinson’s Rachel Hoyland, senior associate, and trainee solicitor Peter McDonnell take a look at some alternative marine fuels, discussing their pros and cons, and highlighting the challenges the industry may face in its search for a sustainable and efficient alternative to traditional fossil fuels. Rachel Hoyland Peter McDonnell As shipping pivots towards greener operations,
- [Maersk Broker Advisory Services and McKinsey partner on fleet decarbonisation project](https://ship.energy/industry-insights/maersk-broker-advisory-services-and-mckinsey-partner-on-fleet-decarbonisation-project/): Maersk Broker Advisory Services, part of Maersk Broker K/S, and McKinsey & Company are to establish a partnership to develop the Fleet Decarbonisation Optimiser tool which will assist owners and operators in defining their decarbonisation strategies. Using market research from Maersk Broker Advisor Services and an AI-based solution from McKinsey’s Quantum Black, which provides technological
- [Shopping spree](https://ship.energy/industry-insights/shopping-spree/): Mark Williams looks at how the stats are stacking up this year for LNG-fuelled newbuilds and considers how the first mover advantage may play out for the alternative fuel pioneers On 10 February 1906, the Royal Navy launched HMS Dreadnought at Portsmouth on the UK’s south coast. This battleship was the last word in technology
- [High level maritime decarbonisation conference announced for COP26](https://ship.energy/industry-insights/high-level-maritime-decarbonisation-conference-announced-for-cop26/): The Shaping the Future of Shipping conference will bring together leaders in shipping, energy, politics and finance to debate the challenges facing shipping on its route to decarbonisation. To be held on 6 November, the event will take place at the University of Strathclyde’s Technology & Innovation Centre, home to the UK’s Maritime Safety Research
- [KPI OceanConnect sets up division to focus on alternative fuels](https://ship.energy/industry-insights/kpi-oceanconnect-sets-up-division-to-focus-on-alternative-fuels/): The bunker trader’s new Alternative Fuels and Special Projects division will be headed by director Bill Wakeling. Bunker industry veteran Wakeling will lead on all matters relating to alternative fuels and decarbonisation, as well as exploring opportunities for new ventures and projects. Commenting on his appointment, Bill Wakeling said: “’I’m honoured to lead KPI OceanConnect’s
- [New UNFCCC appointment for LR’s Katharine Palmer](https://ship.energy/industry-insights/new-unfccc-appointment-for-lrs-katharine-palmer/): Lloyd’s Register’s global sustainability manager, Katharine Palmer, has been appointed as the United Nations Climate Change (UNFCCC) High-Level Climate Champion’s (HLCC) Shipping Lead to support the shipping industry’s energy transition. Palmer has been seconded to the HLCC team through the LR Maritime Decarbonisation Hub (MDH) - a joint initiative between LR Group and Lloyd’s Register
- [Report: more collaboration needed to remove final barriers to uptake of WPT](https://ship.energy/industry-insights/report-more-collaboration-needed-to-remove-final-barriers-to-uptake-of-wpt/): A new report, based on the discussions at a recent wind propulsion technology (WPT) stakeholder working group, will form the basis of the International Working Group that will be set up before the end of the year. The report is the result of a workshop involving over 40 experts and stakeholders which looked to identify
- [Baltic Exchange offering indicative emissions data for dry bulk routes](https://ship.energy/industry-insights/baltic-exchange-offering-indicative-emissions-data-for-dry-bulk-routes/): The Baltic Exchange has calculated a set of indicative CO2 emissions figures and Energy Efficiency Operating Indicator (EEOI) reference values which it hopes, in time, will provide the shipping sector ‘with a valuable point of reference as the market seeks to factor in carbon emissions alongside charter rates.’ Initially, the reference values will cover the
- [RINA contracted to drive development of LNG bunkering](https://ship.energy/industry-insights/rina-contracted-to-drive-development-of-lng-bunkering/): RINA has been awarded a framework contract by the European Maritime Safety Agency (EMSA) to support initiatives which will expand the provision of small-scale LNG bunkering and storage throughout the Mediterranean, Black and Caspian Seas. The project is intended to make LNG more widely available for a range of uses, including fuelling ferries and cruise
- [ClassNK issues advisory on handling biofuels](https://ship.energy/industry-insights/classnk-issues-advisory-on-handling-biofuels/): ClassNK has published ‘Handling of the use of biofuels on ships’, which outlines the precautions and measures to be taken when using biofuel as a marine fuel. Noting that biofuel is emerging as ‘an environmentally friendly fuel’, the class society’s document covers the characteristics of biofuels, the procedures required for their trial and permanent use,
- [A competitive edge?](https://ship.energy/industry-insights/a-competitive-edge/): Mark Williams asks if technologies such as carbon capture and offshore energy generation, underpinned by state support, could provide new impetus for those shipyards who are past their glory days. In the US, where the effects of heat have been felt more widely this year than ever, the Clean Air Task Force advocates carbon capture
- [VPS launches marine sustainability competition with $10,000 first prize](https://ship.energy/industry-insights/vps-launches-marine-sustainability-competition-with-10000-first-prize/): The Innovation in Sustainability Awards 2021 is open to full-time students aged between 18-25 currently studying in the UK, UAE, the Netherlands, Singapore and Texas, and offers a $10,000 scholarship first prize, along with runners-up work placements within the VPS global network. Announcing its ‘bold new initiative’, VPS said that the Awards are looking to
- [Hill Dickinson: Decarbonisation and shipping](https://ship.energy/industry-insights/hill-dickinson-decarbonisation-and-shipping/): Beth Bradley, Partner, and Rachel Hoyland, Senior Associate, at law firm Hill Dickinson offer commentary on the EU Emissions Trading Scheme in the light of the proposals brought forward by the EU on 14 July. The commentary updates the authors’ previous insight article of 15 December 2020. The new article, which can be accessed here,
- [MI pushes for well-to-wake approach in GHG accounting of fuels](https://ship.energy/industry-insights/mi-pushes-for-well-to-wake-approach-in-ghg-accounting-of-fuels/): ‘We can’t just look at what happens in the engine room and ignore how the fuel got into the ship’s bunkers in the first place,’ says Gregory Dolan, CEO Of the Methanol Institute. In a new policy paper, the Methanol Institute (MI) is calling on maritime policymakers to take a ‘well-to-wake’ approach when assessing the
- [Clean tech and fuels: a synergy to decarbonise shipping](https://ship.energy/industry-insights/clean-tech-and-fuels-a-synergy-to-decarbonise-shipping/): Stéphanie Lesage, Head of Legal and Institutional affairs at Airseas, explains that the potential of wind propulsion systems goes beyond direct, immediate emissions reductions – they can also facilitate the transition to alternative fuels. Shipping is at a crossroads, as a combination of more stringent regulations and market forces pushes the sector to reinvent itself
- [Shipping’s decarbonisation offers ‘massive opportunity’ for positive change](https://ship.energy/industry-insights/shippings-decarbonisation-offers-massive-opportunity-for-positive-change/): [Shipping] has faded into an un-applauded, industrialised backdrop – an industry of ever squeezed margins and plummeting rates. But could decarbonisation offer lift to this narrative?’ asks Rachel Hoyland, a senior associate with Hill Dickinson. Taking part in the latest London Talks series of video reports in the run up to London International Shipping Week,
- [Methanol boost](https://ship.energy/industry-insights/methanol-boost/): Is Maersk’s decision to order eight methanol dual-fuelled containerships a pivotal moment for shipping’s decarbonisation – and where the Danish shipping giant goes, will others follow? Mark Williams takes some soundings. 2021 has been the best year ever for liner company profitability. All the big liners – Maersk, MSC, CMA-CGM, Hapag-Lloyd, Ocean Network Express, COSCO,
- [New report details shipping’s EU environmental footprint](https://ship.energy/industry-insights/new-report-details-shippings-eu-environmental-footprint/): A new report published today by the European Environment Agency (EEA) and the European Maritime Safety Agency (EMSA) says ships produce 13.5% of all GHG emissions from transport in the EU, while road transport is responsible for 71% of these emissions and aviation accounts for 14.4%. The study, European Maritime Transport Environment Report, is described
- [One to watch?](https://ship.energy/industry-insights/one-to-watch/): Could metal hydrides solve the H2 transportation and storage problem? Mark Williams considers whether modular ship designs could potentially make use of this new technology. The long-term replacement for liquid hydrocarbons, where electrification is unavailable, looks increasingly like being hydrogen. Japan, Korea, the EU and the US are all focusing on the gas as the
- [SSI: Sustainability issues relating to new fuels must be better understood](https://ship.energy/industry-insights/ssi-sustainability-issues-relating-to-new-fuels-must-be-better-understood/): A new report published by the Sustainable Shipping Initiative calls for the sustainability of marine fuels to be considered at the same level as their availability, cost and technical feasibility in discussions around decarbonisation. The study, Defining sustainability criteria for marine fuels, offers ‘fifteen issues, principles and criteria’ that offer guidance on the sustainability of
- [Hydrogen: ‘Yes, it does solve everything,’ says UCL’s Tristan Smith](https://ship.energy/industry-insights/hydrogen-yes-it-does-solve-everything-says-ucls-tristan-smith/): Speaking at the London International Shipping Week headline conference at IMO headquarters in London today (15 September), Tristan Smith, Associate Professor at UCL Energy Institute,’ said that hydrogen-derived fuels can best facilitate shipping’s energy transition. The use of batteries will not be a viable option for deep sea shipping, said Smith, whilst biofuels cannot be
- [Progress report](https://ship.energy/industry-insights/progress-report/): London International Shipping Week has raised the profile for shipping’s efforts to reduce its carbon footprint. For instance, at the Institute of Chartered Shipbrokers’ (ICS) webinar on 13 September, the audience was given an overview of what ship owners and charterers are doing today to try to reduce GHG emissions. Claire Wright, Commercial and Strategy
- [Bulk buying](https://ship.energy/industry-insights/bulk-buying/): Mark Williams discusses the apparent reticence of bulk carrier owners to commit to fleet renewal – and invites shipenergy.local subscribers to take part in a survey looking at how the bulk carrier trade might respond to the imperative of shipping’s decarbonisation. Bulk carrier owners have enjoyed a fabulous 12 months. Around the world, governments have
- [150+ industry leaders and organisations call for ‘decisive’ government action on shipping’s decarbonisation](https://ship.energy/industry-insights/150-industry-leaders-and-organisations-call-for-decisive-government-action-on-shippings-decarbonisation/): Developed by a multi-stakeholder taskforce brought together by the Getting to Zero Coalition, signatories of the Call to Action for Shipping Decarbonisation are pressing governments to ‘deliver the policies that will supercharge the transition and make zero emission shipping the default choice by 2030.’ ‘Now is the time to raise our ambitions and align shipping
- [LR acquires marine data intelligence firm GreenSteam](https://ship.energy/industry-insights/lr-acquires-marine-data-intelligence-firm-greensteam/): Lloyd’s Register (LR) says its decision to buy GreenSteam is part of its strategy to become ‘the go-to partner and advisor’ to the maritime sector and wider ocean economy. GreenSteam specialises in improving vessel efficiency through machine learning and the acquisition will be integrated and managed by LR subsidiary, i4 Insight. Part of LR’s Maritime
- [Enhanced lubricants to support shipping’s shift to future fuels](https://ship.energy/industry-insights/enhanced-lubricants-to-support-shippings-shift-to-future-fuels/): I’d like to throw down a challenge to shipowners to engage with us on developing new oils, says Lubrizol’s Technical Manager for Marine Engine Oils, Ian Bown. ‘There’s a lot of discussion about collaboration and I believe it will be essential for shipowners, engine designers, fuel suppliers and lubricant companies to work together to understand
- [Singapore initiative to support carbon accounting](https://ship.energy/industry-insights/singapore-initiative-to-support-carbon-accounting/): The Maritime and Port Authority of Singapore (MPA), the Singapore Shipping Association (SSA) and Global Compact Network Singapore are to work together to support carbon accounting capabilities among local maritime businesses. Under the scope of a Memorandum of Understanding (MoU) signed today, the MPA said it will conduct courses on carbon reporting, monitoring and management
- [Positive funding message on Norwegian ammonia bunkering project](https://ship.energy/industry-insights/positive-funding-message-on-norwegian-ammonia-bunkering-project/): ECONNECT Energy’s Chief Innovation Officer Stian Magnusson sees the Norwegian government’s recent decision to award €8.6 million in funding to Azane Fuel Solutions’ Ammonia Fuel Bunkering Network project as an important signal that the Norwegian government ‘is taking this green transition seriously and incentivising smaller companies to do ground-breaking and disruptive innovation.’ Magnusson is clear
- [IMO and MPA launch maritime decarbonisation portal](https://ship.energy/industry-insights/imo-and-mpa-launch-maritime-decarbonisation-portal/): The International Maritime Organization (IMO) and the Maritime and Port Authority of Singapore (MPA) have launched the NextGEN portal, an online collaborative global ecosystem of maritime transport decarbonisation initiatives. As previously reported, the IMO and MPA introduced NextGEN - the GEN stands for ‘green and efficient navigation’ – in September 2020. The portal aims to
- [Slow burn](https://ship.energy/industry-insights/slow-burn/): Notwithstanding that the tanker market is taking a battering at the moment, tanker owners are not showing much appetite for ordering low-carbon ships. Mark Williams considers why this might be the case. Tanker owners have been having a rough old time of it this year. According to tanker specialist Poten and Partners, very large crude
- [Only connect](https://ship.energy/industry-insights/only-connect/): Competition for energy sources is only going to become more intense, particularly for renewable energy, with some commentators now discussing 'the politics of scarcity'. Mark Williams looks at shipping’s role in facilitating the new global hydrogen economy and keeping future energy supply chains intact. The recent hikes in energy prices across the world have brought
- [MSC and Chinese transport agency sign MoU on shipping’s decarbonisation](https://ship.energy/industry-insights/msc-and-chinese-transport-agency-sign-mou-on-shippings-decarbonisation/): In its first partnership with a major institution in China, MSC has signed a Memorandum of Understanding (MoU) with the China Waterborne Transport Research Institute to jointly promote decarbonisation and the sustainable development of the shipping industry. The three-year agreement, signed at the end of September and announced on 8 October, will focus on finding
- [Bulk carrier decarbonisation: market solutions trump regulation?](https://ship.energy/industry-insights/bulk-carrier-decarbonisation-market-solutions-trump-regulation/): In September, we asked readers to complete a short survey on decarbonisation in the bulk carrier markets. The results are in. Overall, they display faith in markets but not in regulators. Our first question was, ‘To what extent do you agree with the following statement?: “Eventually, charterers will force bulk carrier operators to switch to
- [APM Terminals appoints head of decarbonisation](https://ship.energy/industry-insights/apm-terminals-appoints-head-of-decarbonisation/): APM Terminals appoints head of decarbonisation Sahar Rashidbeigi will take up the new post of head of decarbonisation at APM Terminals on 1 November and will be based at the company’s HQ in The Hague, The Netherlands. Rashidbeigi, who holds an MBA from Harvard Business School, has a background in engineering and has more than
- [INTERVIEW: Offshore sector an attractive opportunity for debt and equity investors, says North Star](https://ship.energy/industry-insights/interview-offshore-sector-an-attractive-opportunity-for-debt-and-equity-investors-says-north-star/): In August, UK-based offshore support vessel company North Star Renewables secured £96 million in funding from Allianz Global Investors to build three new hybrid Service Operations Vessels (SOVs). shipenergy.local’s Rhys Berry speaks with the company’s Chief Strategy Officer, Fraser Dobbie, to find out more about the environmental credentials of the vessels and why the sector
- [RightShip: EEXI and CII may be ‘too slow’ to cut shipping emissions](https://ship.energy/industry-insights/rightship-eexi-and-cii-may-be-too-slow-to-cut-shipping-emissions/): Vessel ratings specialist RightShip says that IMO’s Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) may be too slow to deliver change in reducing greenhouse gas (GHG) emissions as they only address operational measures and miss out on the ‘crucial emissions reduction capabilities of the Energy Efficiency Design Index (EEDI).’ In 2012,
- [ISWA reveals shortlist for Wind Propulsion Innovation Awards](https://ship.energy/industry-insights/iswa-reveals-shortlist-for-wind-propulsion-innovation-awards/): The International Windship Association (IWSA) has announced the shortlist for the second Wind Propulsion Innovation Awards, with public voting now open until 7 November. The awards recognise pioneering projects, technological innovation and the development of wind propulsion as technically and commercially viable solutions within the shipping industry. ‘We are delighted to launch these awards which
- [UGS: Multi-fuel future could signal end to low-cost seaborne trade](https://ship.energy/industry-insights/ugs-multi-fuel-future-could-signal-end-to-low-cost-seaborne-trade/): A new technical report issued by the Union of Greek Shipowners (UGS) suggests the shift to a multi-fuel future ‘may in fact herald the end of low-cost seaborne trade and its mainstay, the international bulk/tramp shipping model’. Issued last week, the report, Technical aspects related to the decarbonisation of the shipping sector, which supplements the
- [Mærsk Mc-Kinney Møller Center: ‘Five critical levers’ needed to activate zero carbon shipping](https://ship.energy/industry-insights/maersk-mc-kinney-moller-center-five-critical-levers-needed-to-activate-zero-carbon-shipping/): Celebrating its first anniversary, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping today (25 October) launched its industry transition strategy, highlighting that ‘the amount of carbon neutral fuel needed to propel the entire shipping fleet is gigantic and it is critical that we maximise fuel optionality.’ At the launch of the strategy, the Centre's Bo Cerup-Simonsen said that
- [Getting to Zero Coalition launches its Strategy for the Transition to Zero Emission Shipping](https://ship.energy/industry-insights/getting-to-zero-coalition-launches-its-strategy-for-the-transition-to-zero-emission-shipping-2/): ‘We estimate that about 10% of shipping’s total fuel consumption have promising conditions for transition to zero-emission fuels during the 2020’s, putting this goal squarely within reach,’ said Jesse Fahnestock, Head of Research and Analysis at the Global Maritime Forum, at today’s launch of the Transition Strategy at the Global Maritime Forum’s Annual Summit in
- [New survey lists shipping’s decarbonisation as industry’s top concern](https://ship.energy/industry-insights/new-survey-lists-shippings-decarbonisation-as-industrys-top-concern/): The decarbonisation of shipping has the potential to have the greatest impact on the maritime industry over the next 10 years – but there are concerns over the industry’s preparedness for this challenge, according to the Global Maritime Issues Monitor 2021, published this week by the Global Maritime Forum, Marsh Specialty and the International Union
- [A real contender?](https://ship.energy/industry-insights/a-real-contender/): The proponents of ammonia as a marine fuel are certainly talking the talk. Mark Williams considers whether the facts to date support their optimism. The recent report by the International Renewable Energy Agency (IRENA), ‘A Pathway to Decarbonise the Shipping Sector by 2050’ (published in October 2021) has generated some bold headlines about hydrogen fuels.
- [DNV: 31 LNG-fuelled ships ordered in October](https://ship.energy/industry-insights/dnv-31-lng-fuelled-ships-ordered-in-october/): The tally of LNG-fuelled ships continues to build, with 635 vessels on order or in operation and a further 201 vessels tagged as ‘LNG-ready’ Commenting on another month of ‘solid ordering’, in a LinkedIn post Martin Christian Wold, Principal Consultant at DNV, said that 2021 ‘is shaping up to be an historic year for LNG
- [COP 26 – the long goodbye to fossil fuels?](https://ship.energy/industry-insights/cop-26-the-long-goodbye-to-fossil-fuels/): Pledge after pledge has been issued at COP 26, but will they really wean the global economy off its dependence on fossil fuels? Mark Williams takes a look at the signatories who did – and didn’t – sign up to the raft of ‘clean power’ declarations and asks whether unilateral approaches to reducing the use
- [Capturing the (carbon) zeitgeist](https://ship.energy/industry-insights/capturing-the-carbon-zeitgeist/): As pundits deliver their verdicts on the success or otherwise of the climate deal hammered out at COP 26 and politicians increasingly wake up to the vote winning potential of ‘going green’, Mark Williams considers other trends and developments that may shape the course – and speed – of shipping’s decarbonisation. During Transport Day at
- [V.Group partners with Mærsk Mc-Kinney Møller Center](https://ship.energy/industry-insights/v-group-partners-with-maersk-mc-kinney-moller-center/): Ship manager V.Group has announced a strategic partnership with the Copenhagen-based Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. Launched in 2020 as an independent, not-for-profit organisation, the Center focuses on research and development to find practical ways to decarbonise the maritime industry through several global initiatives. As a partner, V.Group says it will make
- [LR launches industry first’ AI Register](https://ship.energy/industry-insights/lr-launches-industry-first-ai-register/): Lloyd’s Register’s Artificial Intelligence (AI) Register has been developed ‘to signpost proven and reliable AI technology to help maritime stakeholders benefit from the latest applications,’ says the class society. The AI Register is intended to assist in finding providers and solutions for business challenges, thereby minimising the risk and cost of investing in AI technology.
- [Why shipping might learn to love TCFD](https://ship.energy/industry-insights/why-shipping-might-learn-to-love-tcfd/): Larger companies in the UK will soon have to fulfil their Task Force on Climate Related Financial Disclosures (TCFD) obligations. Might businesses that want to keep their climate credentials brightly burnished begin to understand that it is in their interest to pay at least some of the cost of decarbonising ocean transport? Last week, the
- [GMF joins Mærsk Mc-Kinney Møller Center](https://ship.energy/industry-insights/gmf-joins-maersk-mc-kinney-moller-center/): The Global Maritime Forum has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a knowledge partner. The GMF and the Center are already working as complementary partners on several global initiatives and the new partnership will provide an opportunity to collaborate and coordinate activities across the two organisations. Welcoming the GMF to
- [LR becomes world’s first IECRE Renewable Energy Certification Body for marine energy. ](https://ship.energy/industry-insights/lr-becomes-worlds-first-iecre-renewable-energy-certification-body-for-marine-energy/): Certification has been awarded to Lloyd’s Register (LR) by the International Electrotechnical Commission’s Renewable Energy System, (IECRE), which operates the global conformity assessment system across three renewable energy sectors: solar photovoltaic (PV), wind, and marine. With IECRE recognition as a Renewable Energy Certification Body RECB for the marine energy market, LR is now able to
- [Port of Rotterdam and Western Australia join forces on renewable hydrogen](https://ship.energy/industry-insights/port-of-rotterdam-and-western-australia-join-forces-on-renewable-hydrogen/): Western Australia and Europe’s largest seaport, the Port of Rotterdam, have signed a Memorandum of Understanding to cooperate on renewable hydrogen initiatives. Underpinned by the Dutch Government’s national hydrogen strategy, the Port of Rotterdam is working to establish itself as a major hydrogen import hub for Europe. The MoU builds on work underway by the
- [Tally grows for LNG-fuelled vessels](https://ship.energy/industry-insights/tally-grows-for-lng-fuelled-vessels/): DNV marked 17 new orders for LNG-fuelled vessels in November, bring the year-to-date order count to 238. Martin Christian Wold, Principal Consultant at DNV, also highlighted that November’s count was notable in that the majority of the vessels ordered are expected to be employed in regional trade in Europe. Companies ordering dual-fuelled tonnage last month
- [Doublethink](https://ship.energy/industry-insights/doublethink/): Is a low carbon oil tanker feasible – or a contradiction in terms? There has been some excitement in the oil tanker freight market recently with some analysts taking a rise in oil prices to imply an increase in tanker shipping demand. Actually, it’s traded volumes of oil not prices that drive demand for shipping.
- [Wood Mackenzie appoints Head of Carbon Research](https://ship.energy/industry-insights/wood-mackenzie-appoints-head-of-carbon-research/): Elena Belletti has moved from the United Nations to take up the role of Head of Carbon Research within Wood Mackenzie’s Energy Transition Practice. Based in Madrid, Belleti has previously worked as an economist at the UN’s office for financing sustainable development. Here, her focus was on taxation and climate, advising senior government officials from
- [Mark Williams talks about decarbonisation on BBC programme - The Spark](https://ship.energy/industry-insights/mark-williams-talks-about-decarbonisation-on-bbc-programme-the-spark/): shipenergy.local contributor and shipping strategist Mark Williams will be discussing decarbonisation and the future of trade and shipping in an episode of BBC Radio 4’s documentary series, The Spark, which airs on 10 December. Mark tells Helen Lewis how examining the challenge of decarbonising shipping reveals a future which looks radically different to today, in
- [BIMCO publishes EEXI Transition Clause](https://ship.energy/industry-insights/bimco-publishes-eexi-transition-clause/): Ahead of the implementation of the IMO’s Energy Efficiency Existing Ship Index (EEXI) in January 2023, BIMCO has drafted an EEXI Transition Clause which can be used in existing and current charterparties As BIMCO explains, the new regulation will require existing ships to improve their efficiency to be approximately in line with the Energy Efficiency
- [Winner of VPS Innovation in Sustainability Award 2021 announced](https://ship.energy/industry-insights/winner-of-vps-innovation-in-sustainability-award-2021-announced/): The successful concept was submitted by the Engineering Department at Abu Dhabi university, and brought together different technologies from drones to solar power to create autonomous sea cleaning robots. The global campaign by VPS, run in partnership with their creative partners, Purmön, reached out to 50 universities worldwide. The initiative invited students aged between 18
- [TotalEnergies Marine Fuels publishes white paper on shipping’s energy transition](https://ship.energy/industry-insights/totalenergies-marine-fuels-publishes-white-paper-on-shippings-energy-transition/): A new white paper from TotalEnergies Marine Fuels, The Drive for Cleaner Marine Fuels, offers insights to shipping operators and owners to help them navigate their fleets’ energy transition in the short to long-term. The 44-page white paper looks at the key drivers shaping the move to shipping’s decarbonization, key timelines motivating the transition and
- [LR launches framework for ‘getting started’ on shipping’s decarbonisation](https://ship.energy/industry-insights/lr-launches-framework-for-getting-started-on-shippings-decarbonisation/): The Lloyd’s Register (LR) Maritime Decarbonisation Hub has launched ‘First movers in Shipping’s Decarbonisation – a framework for getting started’, a methodology that enables a detailed comparison of different fuel transition pathways regardless of vessel type or trade route. The framework evaluates the entire supply chain, from fuel production to usage onboard vessels, and can
- [Power shift](https://ship.energy/industry-insights/power-shift/): In late October, Sterling PBES Energy Solutions became Shift Clean Energy. As CEO Brent Perry explains, the rebrand reflects the evolution of the Vancouver-headquartered marine battery company from an energy storage solutions (ESS) supplier to a renewable energy solutions business. Along with the name change, Shift also introduced PwrSwäp, a pay-as-you-go service for sectors such
- [IACS Council makes supporting safe maritime decarbonisation a priority](https://ship.energy/industry-insights/iacs-council-makes-supporting-safe-maritime-decarbonisation-a-priority/): The 84th session of the IACS (International Association of Classification Societies) Council emphasised that the introduction of alternative technologies and fuels must be accompanied by ‘detailed safety requirements that support the design, fabrication and integration of equipment for systems and ships.’ Meeting by videoconference due to the restrictions of the Omicron variant, C84 was chaired
- [Positive vibes?](https://ship.energy/industry-insights/positive-vibes/): We are all very familiar with the ‘chicken and egg dilemma’ in relation to the uptake of LNG as a marine fuel, and the introduction of other alternative marine fuels, such as ammonia, will face the same vessel design, supply chain and bunkering infrastructure challenges. However, taking the longer view on how the industry is
- [Hill Dickinson: Market demand ‘a really important enabler’ for shipping’s decarbonisation](https://ship.energy/industry-insights/hill-dickinson-market-demand-a-really-important-enabler-for-shippings-decarbonisation/): While current regulations are not sufficient to ‘push’ shipping to achieve zero, or net zero, GHG emissions by 2050, stakeholders along the maritime supply chain can play a key role in ‘pulling’ the industry towards decarbonisation by sending clear demand signals, says Rachel Hoyland, Senior Associate at Hill Dickinson. Hoyland’s comments were made during a
- [Nakilat publishes its first ESG report](https://ship.energy/industry-insights/nakilat-publishes-its-first-esg-report/): Qatari shipping company Nakilat, which operates the world’s largest LNG carrier fleet, has issued its inaugural Environmental, Social and Governance (ESG) report, which includes information on gas emissions during the company’s fleet operations, fuel consumption and energy efficiency design index (EEDI) ratings. The report, which covers the period from 1 January to 31 December, was
- [What’s in store?](https://ship.energy/industry-insights/whats-in-store/): The subject of carbon sequestration divides opinion in the energy transition debate. Mark Williams takes a closer look at recent CCUS initiatives and considers the business case for using captured carbon to produce synthetic bunker fuels Even before COP26, climatologists were warning that the 1.5o Celcius limit on temperature increases is in danger of being
- [DNV: 2021 a ‘record year’ for LNG-fuelled vessel orders](https://ship.energy/industry-insights/dnv-2021-a-record-year-for-lng-fuelled-vessel-orders/): Rising LNG bunker prices in the second half of 2021 did not put the brake on LNG-fuelled vessel newbuild contracts, with 240 ships ordered across the year. In a social media post, Martin Christian Wold, Principal Consultant at DNV, noted that while only 2 LNG-fuelled vessels were ordered in December, the full year count was
- [Full (or slow) steam ahead?](https://ship.energy/industry-insights/full-or-slow-steam-ahead/): As we leave another challenging year behind, Mark Williams offers some predictions about how shipping’s energy transition might play out in 2022 Happy New Year! As our upcoming podcast guest, Robin Byde of Zeus Capital, will tell you when you listen to my interview with him in a forthcoming shipenergy.local podcast, this is going to
- [Yara Marine seeks applications for next clean-tech accelerator program](https://ship.energy/industry-insights/yara-marine-seeks-applications-for-next-clean-tech-accelerator-program/): Norway’s Yara Marine Technologies is calling on technology start-ups to apply for its second three-month accelerator program, Yara Marine X. In August 2020 the company rolled out plans to diversify away from scrubber manufacture with the launch of a corporate accelerator program. The competition is intended to identify start-ups that can provide ‘a technology and
- [Nakilat working with ABS on decarbonisation pathways](https://ship.energy/industry-insights/nakilat-working-with-abs-on-decarbonisation-pathways/): Nakilat, one of the world’s largest LNG shipping operators, has been working with class society ABS to map out a decarbonisation strategy for its fleet of 69 LNG carriers and four very large LPG gas carriers. The project will eventually see Nakilat’s fleet receive the ABS Sustain notation, which demonstrates alignment with the United Nation’s
- [Nautilus Labs opens London office, hires CCO](https://ship.energy/industry-insights/nautilus-labs-opens-london-office-hires-cco/): AI technology specialist Nautilus Labs has established a UK base which will be led by the company’s newly appointed Chief Commercial Officer (CCO), Jan Wilhelmsson. The company already has hubs in New York, Singapore and Paris, and Nautilus Labs CEO, Matt Heider, said the move into the UK ‘is just the first step towards increasing
- [OneOcean Group launches voyage environmental planner](https://ship.energy/industry-insights/oneocean-group-launches-voyage-environmental-planner/): Maritime software solution provider OneOcean Group has added an environmental planner to its voyage planning platform which provides ‘a real-time look ahead’ at the environmental rules and restrictions that apply during a given voyage. The company says this brings navigational and environmental planning together in a simple integrated workflow. The Active Environmental Timeline displays a
- [Mulling over…methanol](https://ship.energy/industry-insights/mulling-overmethanol/): How feasible would it be for a nation to switch to running its entire fleet on methanol? Mark Williams does some number-crunching. This week, I have conducted a thought experiment, to see if it could be feasible for an entire country such as the UK to switch its marine fuels consumption from traditional hydrocarbons like
- [Metis adds decarbonisation and compliance support to platform](https://ship.energy/industry-insights/metis-adds-decarbonisation-and-compliance-support-to-platform/): Shipping software specialist Metis Cyberspace Technology has added a new set of tools to its cloud-based platform to help shipping companies manage their environmental impact and ensure compliance with industry regulations. Comprising three applications – AER Monitoring & Analysis, CII Monitoring & Analysis and MRV & DCS Compliance Documentation and Reporting – the new functionality
- [BV verifies GAC Bunker Fuels’ GHG emissions calculations](https://ship.energy/industry-insights/bv-verifies-gac-bunker-fuels-ghg-emissions-calculations/): GAC Bunker Fuels is the first GAC company to calculate and establish its greenhouse gas (GHG) emissions, and those calculations have now been verified by Bureau Veritas UK Limited. GAC Bunker Fuels is assured for indirect emissions from electricity and air-conditioning under Scope 2. Other indirect emissions that occur along the value chain, particularly associated
- [SGMF publishes updated LNG bunkering guide](https://ship.energy/industry-insights/sgmf-publishes-updated-lng-bunkering-guide/): The Society for Gas as a Marine Fuel (SGMF) has released the third revision of its ‘LNG as a marine fuel - Safety and Operational Guidelines - Bunkering’ publication. The industry group says the latest revision of the guide, which was first published in 2014, provides the ‘most comprehensive coverage of all aspects’ related to
- [TotalEnergies: Demand for fossil fuel-based bunkers will still be strong by 2050](https://ship.energy/industry-insights/totalenergies-demand-for-fossil-fuel-based-bunkers-will-still-be-strong-by-2050/): In a new white paper, TotalEnergies is forecasting global marine fuel consumption to increase to around 46 Petajoules (PJ)/d by 2050, with oil-based and LNG bunker fuels still accounting for some 21 PJ/d of demand. In its white paper, The Drive for Cleaner Marine Fuels, TotalEnergies reiterates its support for LNG as a key component
- [Bulk buying](https://ship.energy/industry-insights/bulk-buying-2/): The bulk carrier owning community may not have rushed to order newbuilds in 2021 but it has adopted the low carbon agenda with greater enthusiasm and confidence than nearly everybody expected even a couple of years ago. Mark Williams considers the drivers for this welcome momentum Money to burn During the Asian Tiger Economy years
- [EP’s ETS proposed amendments ‘put Green Deal goals at risk’](https://ship.energy/industry-insights/eps-ets-proposed-amendments-put-green-deal-goals-at-risk/): Changes to the EC’s proposal to include shipping in Europe’s Emission Trading Scheme (ETS), which have been put forward in a draft report by the German politician Peter Liese, the European Parliament’s (EP) rapporteur on the subject, could jeopardise ‘the impact and efficiency’ of the EU Green Deal, says the World Shipping Council (ESC). In
- [WFW: A greener and more ambitious EU maritime ETS emerges](https://ship.energy/industry-insights/wfw-a-greener-and-more-ambitious-eu-maritime-ets-emerges/): WFW London Partner Nick Walker and Senior Associate Valentina Keys consider how leaked amendments to the draft EU Maritime Emissions Trading System (ETS) proposal could impact the apportionment of ETS costs and liabilities in the maritime sector. The following article is published with the kind permission of Watson Farley & Williams. On 14 January 2022
- [GCMD awards ammonia bunkering safety study to DNV-led consortium](https://ship.energy/industry-insights/gcmd-awards-ammonia-bunkering-safety-study-to-dnv-led-consortium/): The Global Centre for Maritime Decarbonisation (GCMD) in Singapore has awarded an ammonia bunkering safety study to a consortium led by class society DNV and featuring Surbana Jurong and the Singapore Maritime Academy (SMA). Consultancy Surbana Jurong will contribute to site identification for ammonia bunkering and the SMA, part of Singapore Polytechnic, will co-develop a
- [Maersk gives open access to ocean weather observations](https://ship.energy/industry-insights/maersk-gives-open-access-to-ocean-weather-observations/): A.P. Moller – Maersk (Maersk) has released all historical ocean weather observations - and will release all future information - into the public domain for free use by the scientific community around the globe. The data, which has been collected by Maersk vessels since 2012, increases publicly available ocean weather data by 28%, the shipping
- [First transpacific green shipping corridor will link US and China](https://ship.energy/industry-insights/first-transpacific-green-shipping-corridor-will-link-us-and-china/): The ports of Los Angeles and Shanghai and C40 Cities are joining forces to create a transpacific green shipping corridor between ports in the United States and China with the goal of moving to zero-carbon fuelled shipping by 2030 The two ports and industry partners, including shipping lines, and cargo owners in China and the
- [Magic number](https://ship.energy/industry-insights/magic-number/): What will higher interest rates mean for shipping’s eco-investors? Mark Williams reports. Jerome Powell, governor of the US Federal Reserve, has the capacity to stoke or choke global economic growth by making borrowing easier or harder, using the simple tool of setting US dollar denominated interest rates. The general expectation is that interest rates will
- [Decarbonisation hub joins forces with McKinsey and Maersk Broker Advisory Service](https://ship.energy/industry-insights/decarbonisation-hub-joins-forces-with-mckinsey-and-maersk-broker-advisory-service/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is working with Maersk Broker Advisory Services and McKinsey & Company to offer data-based advisory services on decarbonisation pathways. A new service called ‘Fleet Decarbonization Optimizer’ combines the partners’ industry knowledge and techno-economic analytical capabilities to model bespoke decarbonisation pathways, taking data points like fleet size,
- [DNV tracks 40 new orders for LNG-fuelled vessels in January](https://ship.energy/industry-insights/dnv-tracks-40-new-orders-for-lng-fuelled-vessels-in-january/): After a record year for orders in 2021, class society DNV added another 40 LNG-fuelled vessels to its AFI database last month, bringing the total tally of ships to just under 700. Growth in the LNG-fuelled vessel order book in January was driven by the containership sector, notably by MSC. Noting a ‘strong start’ to
- [Britannia P&I publishes sustainability report template](https://ship.energy/industry-insights/britannia-pi-publishes-sustainability-report-template/): Britannia P&I has produced a template for its Members and other shipping companies to use as a guide when developing their own sustainability reports. Britannia published its first sustainability report in 2021 but it says that in discussions with its membership on the issue ‘there were varying views on the approach that should be taken
- [IOMSR to be first flag state to discount registration fees for ships using green tech](https://ship.energy/industry-insights/iomsr-to-be-first-flag-state-to-discount-registration-fees-for-ships-using-green-tech/): The Isle of Man Ship Registry is to offer owners a 15% green discount on registration fees for ships using green technology. The discount will be available to operators of cargo ships, commercial yachts or passenger ships which are investing in biofuel, alternative fuels, wind, or shore-side energy technology. Minister for Enterprise, Dr Alex Allinson
- [New report identifies shipping’s pathways to meeting IMO 2050 GHG reduction targets](https://ship.energy/industry-insights/new-report-identifies-shippings-pathways-to-meeting-imo-2050-ghg-reduction-targets/): An evidence-based study, produced for OGCI and Concawe by energy and environmental consultancy Ricardo has identified three possible pathways, using large scale deployment of new technologies and new fuels, which would enable shipping to meet the IMO’s target of reducing GHG emissions by 50% compared to a 2008 baseline. In the report, Technological, Operational and
- [Put to the test](https://ship.energy/industry-insights/put-to-the-test/): It’s two years since the launch of the Poseidon Principles. Mark Williams delivers a progress report. 27 banks representing $185 billion of funding to shipping are now members of the Poseidon Principles. In case you aren’t aware of why the group exists, founder member ABN Amro puts it like this: ‘The Poseidon Principles offer the
- [Oxford University programme to investigate green ammonia potential for shipping](https://ship.energy/industry-insights/oxford-university-programme-to-investigate-green-ammonia-potential-for-shipping/): Oxford University has been awarded £10 million by UK Research and Innovation (UKRI) to provide rapid solutions to critical environmental issues, including the potential for green ammonia to drive the transition towards non-fossil fuel use for ships. The Agile Initiative at the University’s Oxford Martin School will deliver high-impact interdisciplinary research and contribute urgently-needed answers
- [From polluters of the seas to guardians of the oceans](https://ship.energy/industry-insights/from-polluters-of-the-seas-to-guardians-of-the-oceans/): Mark Williams considers how ratings can help shipping to demonstrate its improving ESG performance Modern cargo shipping is largely invisible to the general population except when something goes wrong. Supply chains and trade are barely taught in schools, except perhaps in economics courses for older children. Ocean shipping itself mostly happens over the horizon so
- [GCMD and Mærsk Mc-Kinney Møller Center team up on shipping’s decarbonisation](https://ship.energy/industry-insights/gcmd-and-maersk-mc-kinney-moller-center-team-up-on-shippings-decarbonisation/): The Global Centre for Maritime Decarbonisation (GCMD) in Singapore and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, based in Copenhagen, Denmark, have committed to a ‘long-term partnership to boost shipping’s decarbonisation agenda.’ Through this partnership, the two centres will share best practices and knowledge, and explore opportunities for low- and zero-carbon technologies by
- [Cause and effect](https://ship.energy/industry-insights/cause-and-effect/): Given this week's events in Ukraine, Mark Williams offers his perspectives on the outlook for a much-changed energy landscape and asks if Russia’s military adventurism could accelerate disinvestment from fossil fuels and investment in renewables? As I write this, it’s day two of Russia’s overt military campaign in Ukraine. Events are unfolding fast and it’s
- [DNV: Order intake for LNG-fuelled newbuilds continues at ‘high pace’](https://ship.energy/industry-insights/dnv-order-intake-for-lng-fuelled-newbuilds-continues-at-high-pace/): DNV’s Alternative Fuels Insight (AFI) platform registered orders for 16 LNG-fuelled vessels in February, with the growth driven by the container and car carrier segments, According to AFI, there are now 710 vessels in operation or on order (269 in operation and 441 on order). Martin Christian Wold, Principal Consultant at DNV, highlighted the ordering
- [Transport Capital launches venture capital arm, announces first investments](https://ship.energy/industry-insights/transport-capital-launches-venture-capital-arm-announces-first-investments/): Maritime and aviation investment management firm Transport Capital has launched TC Ventures, which is focused on start-ups working in the decarbonisation and digitalisation sectors. TC Ventures has already announced its first two investments: an angel investment in Turtle and a seed investment in Everimpact. Germany-based Turtle is building a digital job marketplace for the maritime
- [Report: Inaction on climate change could have ‘costly consequences’ for shipping and ports](https://ship.energy/industry-insights/report-inaction-on-climate-change-could-have-costly-consequences-for-shipping-and-ports/): A new report by non-profit research institute RTI International for Environmental Defense Fund (EDF) suggests that unless shipping and ports implement ‘ambitious action’ on emissions reduction, climate change impacts could cost the shipping industry as much as $25 billion each year by the end of the century. Based on past impacts and anticipated climate change
- [Maersk signs up to Amazon’s Climate Pledge](https://ship.energy/industry-insights/maersk-signs-up-to-amazons-climate-pledge/): Maersk has become the first shipping company to sign up to The Climate Pledge, launched by Amazon and Global Optimism with a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. Maersk is one of 100 companies to have recently signed up to The Climate Pledge. Over 300 businesses
- [Hapag-Lloyd becomes GCMD’s first strategic partner](https://ship.energy/industry-insights/hapag-lloyd-becomes-gcmds-first-strategic-partner/): Singapore’s Global Centre for Maritime Decarbonisation (GCMD) and liner shipping company Hapag-Lloyd have signed a strategic partnership agreement which covers cooperation on maritime decarbonisation initiatives, while Hapag-Lloyd’s CEO Rolf Habben Jansen has joined the Centre’s governing board. Hapag-Lloyd is working to reduce the emissions of its fleet by 30% by 2030 compared to 2019. It
- [Fortune favours the brave](https://ship.energy/industry-insights/fortune-favours-the-brave/): Being an early adopter of new fuels and technologies is by definition a risky business, but moving from the drawing board to the water is the only way to put innovation to the test and assess its commercial viability. Mark Williams looks at the strategies and risk appetite of some of the early pioneers in
- [CE Delft report assesses impact of EU ETS on Europe’s port sector](https://ship.energy/industry-insights/ce-delft-report-assesses-impact-of-eu-ets-on-europes-port-sector/): A new report by CE Delft, commissioned by the Port of Rotterdam and focusing on the container line sector, considers the impact on the competitive position of European ports if ships change their routes to avoid inclusion in the EU Emissions Trading System (ETS). The European Commission is proposing to include the emissions from shipping
- [Capacity-building](https://ship.energy/industry-insights/capacity-building/): There are questions over the scalability and availability of renewable future fuels, such as e-LNG and e-methanol, but as Mark Williams explains, there are clear signs that global production of these low carbon fuels is ramping up. As we all know by now, from January 2023, shipping is to be included in the EU’s Emission
- [Getting to Zero Coalition identifies ‘notable increase’ in zero emission shipping projects](https://ship.energy/industry-insights/getting-to-zero-coalition-identifies-notable-increase-in-zero-emission-shipping-projects/): In its third update of Mapping of Zero Emission Pilots and Demonstration Projects, the Getting to Zero Coalition highlights an increase in the number of projects since its second report last March – up from 106 to 203 – with a focus on ship technologies, fuel production, bunkering and infrastructure. In its inaugural mapping report,
- [RightShip rolls out Maritime Emissions Portal](https://ship.energy/industry-insights/rightship-rolls-out-maritime-emissions-portal/): Maritime due diligence specialist RightShip has today (31 March) launched its Maritime Emissions Portal (MEP) which is intended to help ports and terminal operators drive forward the reduction of ship emissions. Described as ‘the first sustainability assessment tool of its type, MEP is the first part of a planned Environmental Social Governance (ESG) solution for
- [BHP to use DNV’s Veracity platform to support GHG reduction strategy](https://ship.energy/industry-insights/bhp-to-use-dnvs-veracity-platform-to-support-ghg-reduction-strategy/): DNV’s Veracity cloud platform is to be used by dry bulk operator BHP to provide GHG emissions reporting and management for its chartered vessels. The project will support BHP’s strategy to reduce Scope 3 GHG emissions from its chartered fleet. DNV’s solution is aimed at vessel charterers and commodity producers and will be implemented by
- [Ready, steady…](https://ship.energy/industry-insights/ready-steady/): The brakes may have been applied in the dash to renewables, as energy consumers seek to secure oil and gas stocks in this time of geopolitical crisis. Does this mean momentum is set to falter on shipping’s decarbonisation? HSBC Economist James Pomeroy noted in a recent research note that office attendance in big cities is
- [LR technical report assesses NOx emissions from using biofuels in marine diesel engines](https://ship.energy/industry-insights/lr-technical-report-assesses-nox-emissions-from-using-biofuels-in-marine-diesel-engines/): One of the takeaways in a new technical report from Lloyd’s Register on NOx emissions from biofuels is that ‘in terms of magnitude’ NOx emissions were not found to significantly increase across the load range, ‘in any instances by the use of any of the biofuels trialled,’ but the study also highlights that having to
- [Industry working group issues call for improved vessel reporting](https://ship.energy/industry-insights/industry-working-group-issues-call-for-improved-vessel-reporting/): In a new white paper, the Impact Today industry group is proposing the evolution of traditional noon reports into ‘holistic’ vessel reports which could support vessel optimisation. The white paper on vessel reporting and data quality is the result of collaboration between members of the working group, which was formed by ZeroNorth in March 2021.
- [UMAS report highlights ‘unique opportunity’ for US fleet decarbonisation](https://ship.energy/industry-insights/umas-report-highlights-unique-opportunity-for-us-fleet-decarbonisation/): A new report from UMAS, commissioned by The Ocean Conservancy, finds that over 40% of the energy used by the US fleet could be replaced with zero emissions solutions this decade. The report, The Maritime Fleet of the USA—the current status and potential for the future, notes that in 2018 carbon emissions from all US
- [BIMCO: ‘More ambition’ needed to deliver shipping’s decarbonisation](https://ship.energy/industry-insights/bimco-more-ambition-needed-to-deliver-shippings-decarbonisation/): BIMCO has updated its position on shipping’s greenhouse gas emissions and is now calling for the industry to become net zero carbon by 2050. According to the IMO’s initial greenhouse gas strategy, delivered four years ago, shipping should work to reduce its GHG emissions by 50% by 2050, compared to a 2008 base level. In
- [DMA inks knowledge partnership agreement with zero carbon shipping centre](https://ship.energy/industry-insights/dma-inks-knowledge-partnership-agreement-with-zero-carbon-shipping-centre/): The Danish Maritime Authority (DMA) and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Knowledge Partnership Agreement. The two partners have committed to extensive knowledge sharing as they work to accelerate the development and implementation of the future fuels and solutions needed to decarbonise shipping. ‘The Danish Maritime Authority has a clear
- [LR publishes ‘landmark’ AI report; launches digital readiness tool](https://ship.energy/industry-insights/lr-publishes-landmark-ai-report-launches-digital-readiness-tool/): Lloyd’s Register has published a report on the state of digital transformation using artificial intelligence and machine learning and has also developed a ‘readiness assessment’ interactive tool intended to help maritime stakeholders score their activities around the energy transition, digital transformation, efficiency and risk mitigation. The assessment tool is aimed at various segments of the
- [Lockton becomes affiliate member of Poseidon Principles for Marine Insurance](https://ship.energy/industry-insights/lockton-becomes-affiliate-member-of-poseidon-principles-for-marine-insurance/): The world’s largest privately-held insurance brokerage firm Locton has joined Willis Towers Watson, Cefor, EF Marine, and Cambiaso Risso as the fifth Affiliate member of the Poseidon Principles for Marine Insurance. As previously reported, the Poseidon Principles for Marine Insurance is an initiative that was launched last December to provide a framework to quantitatively assess
- [Counting down to zero](https://ship.energy/industry-insights/counting-down-to-zero/): The low emission vessel orderbook continues to grow. Mark Williams takes a look at the numbers in Q1 2022 – and ponders the future of the crude oil tanker. Last week’s publication by BIMCO of its Position Statement On Greenhouse Gas (GHG) Emissions warns about shipping’s ability to keep global supply chains working if the
- [Indirect CO2 emissions must also be on shipping’s radar, says Danish consultancy](https://ship.energy/industry-insights/indirect-co2-emissions-must-also-be-on-shippings-radar-says-danish-consultancy/): Anders Ørgård, CCO of Danish naval architecture consultancy OSK-ShipTech, says shipping must focus on the CO2 emissions generated during vessel construction, as well as the direct emissions produced by energy consumption. OSK-ShipTech has been involved in the design process of many Ro-Pax ferries in terms of the transition to alternative fuels and battery propulsion. However,
- [Titan LNG signs up to SEA-LNG](https://ship.energy/industry-insights/titan-lng-signs-up-to-sea-lng/): Amsterdam-headquartered, independent alternative fuels supplier Titan LNG has joined the pro-marine LNG industry coalition SEA-LNG. Michael Schaap, Titan LNG’s commercial director, commented: ‘Scaling up production is a key challenge for all alternative marine fuels. Therefore, it’s important to share knowledge and expertise. SEA-LNG has a strong network of industry experts and plays a critical role
- [University of Nottingham to investigate ammonia potential for long-haul shipping](https://ship.energy/industry-insights/university-of-nottingham-to-investigate-ammonia-potential-for-long-haul-shipping/): The University of Nottingham is leading a new project to investigate the potential of ammonia to fuel and decarbonise the long-haul shipping industry, and to boost the UK’s powertrain sector. MariNH3 is a £5.5 million Engineering and Physical Sciences Research Council (EPSRC)-funded project that aims to develop new and disruptive engine technology that will one
- [Port of Dover sets out decarbonisation targets](https://ship.energy/industry-insights/port-of-dover-sets-out-decarbonisation-targets/): The Port of Dover in the UK has published its decarbonisation roadmap, which includes the ambition to become ‘the world’s first (high-volume) Green Shipping Corridor’. The port handles £144 billion of trade each year and provides nearly 60% of all ferry transits between the UK and Europe which collectively carry around one-third of all HGVs
- [GCMD announces three new partnerships](https://ship.energy/industry-insights/gcmd-announces-three-new-partnerships/): The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) has announced new partnerships with the International Bunker Industry Association (IBIA), the International Windship Association (IWSA) and the commodity markets data and analytics provider Kpler. Since its formation in August last year, the Centre has established partnerships with key stakeholders in the maritime industry and it says
- [New report finds that Spain has ‘promising conditions’ to establish Green Corridors](https://ship.energy/industry-insights/new-report-finds-that-spain-has-promising-conditions-to-establish-green-corridors/): A new discussion paper from the Global Maritime Forum (GMF) and the Energy Transitions Commission (ETC) suggests that Spain has ‘a unique opportunity’ related to the production and bunkering of zero emission fuels for international shipping. The report, published this week, was presented as a discussion paper for a workshop on green shipping corridors held
- [MO4 to provide decision support software for North Star’s hybrid SOVs](https://ship.energy/industry-insights/mo4-to-provide-decision-support-software-for-north-stars-hybrid-sovs/): MO4 has won a 10-year contract with North Star for its new digital twin and artificial intelligence (AI) decision support software package which will provide operational data analytics for North Star’s four hybrid service operations vessels (SOVs). As previously reported, North Star has been contracted to provide four hybrid SOVs for the Dogger Bank Wind
- [GMF: EU could use Contracts for Difference to support shipping’s energy transition](https://ship.energy/industry-insights/gmf-eu-could-use-contracts-for-difference-to-support-shippings-energy-transition/): A new study from the Global Maritime Forum (GMF) suggests that the EU could use some of the shipping related emissions trading system (ETS) revenues to fund a programme of ‘targeted’ Contracts for Difference (CfDs) to encourage private investment into the production and use of scalable zero-emission fuels (SZEFs) in international shipping. An earlier study
- [The shipenergy.local summit – the three key takeaways](https://ship.energy/industry-insights/the-ship-energy-summit-the-three-key-takeaways/): The third shipenergy.local summit – and the first as in-person event – took place in Valencia in Spain on 27-28 April. A great line-up of speakers imparted their wisdom and shared some new information with delegates from around the world. Mark Williams highlights the three key themes that emerged from event’s presentations and discussions Three
- [BV: Firm focus needed on new fuels bunkering infrastructure](https://ship.energy/industry-insights/bv-firm-focus-needed-on-new-fuels-bunkering-infrastructure/): We need to work on the technical and regulatory elements of bunkering infrastructure for new fuels, including SIMOPs, says Carlos Guerrero of class society Bureau Veritas. Speaking at the shipenergy.local summit in Valencia at the end of April, Guerrero, who is Global Market Leader, Oil Tankers & Gas at BV Marine & Offshore, highlighted the
- [Yara Marine reveals winner of decarbonisation accelerator program](https://ship.energy/industry-insights/yara-marine-reveals-winner-of-decarbonisation-accelerator-program/): Software design and development start-up EyeGauge is the winner of the second edition of the Yara Marine X accelerator program which is intended to foster innovation in the decarbonisation of the maritime and offshore industry sectors. As previously reported, in August 2020 Yara Marine launched its first corporate accelerator program. At the time, the company
- [Greening the C5 ‘corridor’](https://ship.energy/industry-insights/greening-the-c5-corridor/): Mark Williams juggles the numbers to assess the feasibility of decarbonising the iron ore transportation route between Australia and China. C5 is the Baltic Exchange’s code for the voyage from Australia to China on Capesize ships. It carries the heaviest weight in the Baltic Capesize Index and therefore is a key component of the Baltic
- [New ICS report highlights scale of shipping’s demand for new fuels](https://ship.energy/industry-insights/new-ics-report-highlights-scale-of-shippings-demand-for-new-fuels/): A report commissioned by the International Chamber of Shipping’s says that if the industry is to meet its 2050 net zero goal, shipping’s fuel requirement will be as much as the world’s current renewable energy output. According to the report, Fuelling the Fourth Propulsion Revolution, authored by Professor Dr. Stefan Ulreich from Germany’s University of
- [Taking soundings…](https://ship.energy/industry-insights/taking-soundings/): As the number of LNG-fuelled containerships on the global order book continues to grow, shipenergy.local invites you to take part in its second annual container shipping decarbonisation survey In March and April 2021, we conducted a survey of readers of www.shipenergy.local and www.shippingstrategy.com to find out their views on container shipping decarbonisation. You can view
- [BV and CNC join forces on first certification protocol for commodities and maritime sectors](https://ship.energy/industry-insights/bv-and-cnc-join-forces-on-first-certification-protocol-for-commodities-and-maritime-sectors/): Climate Neutral Commodity (CNC) has developed the first certification standard for carbon-neutral transactions and services in the raw materials industry and Bureau Veritas (BV) will be the preferred verification body to validate these carbon neutral commodities The commodity industry is the main contributor to global greenhouse gases emissions in terms of agriculture and land use.
- [IMO: Breakthrough meeting on pricing shipping’s GHG emissions?](https://ship.energy/industry-insights/imo-breakthrough-meeting-on-pricing-shippings-ghg-emissions/): This week’s meeting of the Intersessional Working Group (ISWG) on Greenhouse Gases (GHG) (ISWG-GHG 12) appears to have taken a major step forward in breaking the deadlock in discussions at IMO on shipping’s GHG emissions by reaching consensus on the need to put a price on those emissions. In an overview of the discussions, UMAS
- [Ocean energy: reimagining bunkering](https://ship.energy/industry-insights/ocean-energy-reimagining-bunkering/): The challenge for the production of renewable fuels is a massive one – how to obtain the vast quantities of energy required for electrolysis on an industrial scale at multiple locations around the world? It’s now fairly well established that ammonia and methanol will provide the baseload of fuel for shipping as it weans itself
- [The Silk Alliance launches to develop a Green Corridor cluster for intra-Asia container trade](https://ship.energy/industry-insights/the-silk-alliance-launches-to-develop-a-green-corridor-cluster-for-intra-asia-container-trade/): Lloyd’s Register Maritime Decarbonisation Hub is joining forces with 11 cross-supply chain stakeholders to develop a fleet-specific fuel transition strategy – using the Green Corridor concept – for container ships operating in Singapore and across Asia. Initiated by the Lloyd’s Register Maritime Decarbonisation Hub, The Silk Alliance brings together organisations to collaborate on the decarbonisation
- [EMSA launches training course for sulphur inspection personnel](https://ship.energy/industry-insights/emsa-launches-training-course-for-sulphur-inspection-personnel/): The European Maritime Safety Agency (EMSA) has developed the first training course designed to equip ship inspectors with the knowledge and skills to assess the compliance of vessels calling at EU ports with applicable SOx regulations. The course, ‘Principles and Techniques for Sulphur Inspectors,’ will leverage EMSA’s revamped Maritime Knowledge Centre EMSA, now on Moodle,
- [Testing assumptions](https://ship.energy/industry-insights/testing-assumptions/): One way to decarbonise shipping would be to do less shipping. For political, economic, demographic and technological reasons, this is a real possibility, according to a new report from Shipping Strategy Ltd. Its MD, and our Contributing Editor, Mark Williams, explains: The IMO’s ambitions to decarbonise shipping are based on cutting the industry’s emissions compared
- [WinGD highlights its ‘ecosystem’ of decarbonisation solutions](https://ship.energy/industry-insights/wingd-highlights-its-ecosystem-of-decarbonisation-solutions/): Swiss marine power company WinGD has published 'The X-Act Initiative', a white paper which summarises its initiatives in the areas of advanced engine technologies, core engine development, green technologies, digitalisation and integration, and the autonomous engine room. Projects outlined in the paper include the latest generation of dual-fuel engine technologies, on-engine emission abatement systems, alternative
- [French wind propulsion pioneer TOWT raises vessel finance in a ‘crowded’ market](https://ship.energy/industry-insights/french-wind-propulsion-pioneer-towt-raises-vessel-finance-in-a-crowded-market/): In tackling shipping’s decarbonisation conundrum, French maritime company TransOceanic Wind Transport (TOWT) is looking backwards to move forwards, by building sailing cargo ships to carry goods across the world’s oceans. However, when it comes to paying for its ships, the company is looking to tap into a distinctly ‘on trend’ method of financing – crowdfunding.
- [INTERVIEW: Poseidon Principles for Marine Insurance targeting 15 members by next year](https://ship.energy/industry-insights/interview-poseidon-principles-for-marine-insurance-targeting-15-members-by-next-year/): Signatories to the Poseidon Principles for Marine Insurance are hoping to welcome a further six member organisations over the next twelve months. And as Patrizia Kern, Head of Marine at Swiss Re Corporate Solutions and Chair of the Poseidon Principles for Marine Insurance, tells shipenergy.local, it is hoped that the framework will account for 50% of
- [LNG-fuelled vessel orderbook grows by 30 in May](https://ship.energy/industry-insights/lng-fuelled-vessel-orderbook-grows-by-30-in-may/): According to DNV’s Alternative Fuels Insight platform, 30 orders for LNG fuelled vessels were placed in May, but high LNG prices continue to impact bunkering activity. With the addition of contracts filed in May, the total order book for 2022 now stands at 151. DNV notes that the growth last month was principally driven by
- [New report highlights South Africa’s potential as Africa’s ‘first zero-carbon bunkering hub](https://ship.energy/industry-insights/new-report-highlights-south-africas-potential-as-africas-first-zero-carbon-bunkering-hub/): A new P4G-Getting to Zero Coalition report, ‘Shipping’s Energy Transition: Strategic Opportunities in South Africa’, says that the country’s large renewable capacity and location at the gateway between the Atlantic and Indian Oceans position it to benefit from the maritime decarbonisation agenda on both a domestic and international level. ‘Harnessing the opportunities that maritime decarbonisation
- [General Index and Signal Ocean to offer CO2 and ocean freight benchmarks](https://ship.energy/industry-insights/general-index-and-signal-ocean-to-offer-co2-and-ocean-freight-benchmarks/): Benchmark provider, General Index, and maritime data specialist and software platform, Signal Ocean, are to provide a set of ocean freight and CO2 benchmarks using Signal’s vessel and voyage data and General Index’s quantitative methodologies. The service will cover the key global trading routes for crude oil and refined products, starting in the Atlantic Basin.
- [Kongsberg Digital to add METIS platform to Kognifai Marketplace](https://ship.energy/industry-insights/kongsberg-digital-to-add-metis-platform-to-kognifai-marketplace/): Kongsberg Digital is partnering with Metis Cyberspace Technology to add the METIS data analysis platform to the Kognifai Marketplace, enabling fleet operators to monitor operations in real time and optimise vessel performance. METIS is a cloud-based platform which offers real-time vessel monitoring, performance analysis and evaluation as well as predictive insights for a whole fleet.
- [MSC Cruises sets out sustainability action plan](https://ship.energy/industry-insights/msc-cruises-sets-out-sustainability-action-plan/): In its 2021 Sustainability Report, published today (8 June), MSC Cruises outlines its sustainability strategies across six key workstreams, including transitioning to zero emissions and building ‘greener’ terminals. In the report, the company highlights that in 2021 it undertook advanced trials of energy efficiency measures on MSC Grandiosa, cutting emissions by 8% compared to design
- [Cool Britannia](https://ship.energy/industry-insights/cool-britannia/): Mark Williams considers some recent homegrown decarbonisation initiatives for shipping in the UK and asks if this maritime nation is doing enough to be a pacesetter in the industry’s global energy transition? The UK’s funding body Innovate UK is busy distributing money from the UK Department for Transport to low and zero carbon maritime ventures.
- [LR boosts digital portfolio with OneOcean buy](https://ship.energy/industry-insights/lr-boosts-digital-portfolio-with-oneocean-buy/): Lloyd’s Register’s acquisition of voyage compliance, safety and environmental solutions provider, OneOcean, will expand the class society’s digital fleet management and optimisation offering. LR has acquired the company from Equisitone. OneOcean was created in 2019 by the merger of ChartCo (in which Equistone first invested in 2016) and Marine Press. The addition of OneOcean will
- [Hydropower, hydrogen and new shipping demand](https://ship.energy/industry-insights/hydropower-hydrogen-and-new-shipping-demand/): Mark Williams considers the potential role of hydropower in the energy transition. Can it support the green energy revolution or is climate change already stymieing its chances? The central tenet of the energy transition on land is to electrify everything and to produce the electricity using renewables. Hard-to-abate sectors like shipping and aviation need massive
- [RightShip to collaborate with innovation platform Plug and Play](https://ship.energy/industry-insights/rightship-to-collaborate-with-innovation-platform-plug-and-play/): A new partnership with Plug and Play will enable the digital maritime platform RightShip to explore solutions that will assist its growth as an Environmental, Social and Governance (ESG) ‘transparency enabler’ for the maritime industry. With its APAC regional headquarters in Singapore, Plug and Play will facilitate access to emerging maritime-focused technology start-ups which complement
- [ZeroNorth debuts new vessel data service to support pre-chartering decisions](https://ship.energy/industry-insights/zeronorth-debuts-new-vessel-data-service-to-support-pre-chartering-decisions/): Tech company ZeroNorth has launched its Vessel Selection decision-making support service which profiles a range of operating conditions – and thus fuel consumption performance - for vessels that charterers may be looking to fix for charter, By simulating operating conditions, ZeroNorth says charterers will be able to choose the right vessel for a specific route
- [New IMO project focussing on maritime transports costs in the Pacific region](https://ship.energy/industry-insights/new-imo-project-focussing-on-maritime-transports-costs-in-the-pacific-region/): The IMO Secretariat has initiated a project to improve the availability of maritime transports costs data for the Pacific region which could feed into future assessments of the possible impacts on states of GHG reduction measures in shipping, including carbon pricing instruments. The project is looking to established interim baselines and begin the modelling of
- [UK Maritime Skills Commission rolls out Skills for Green Jobs position paper](https://ship.energy/industry-insights/uk-maritime-skills-commission-rolls-out-skills-for-green-jobs-position-paper/): The demand for green jobs in the UK is expected to see a 400% increase by 2030, and a new UK Maritime Skills Commission paper sets out seven actions for the Commission help attract new workers into the maritime sector’s green economy. The Maritime Skills Commission (MSC) was established to ensure that the maritime sector
- [ICS summit backs plan for global Clean Energy Marine Hubs](https://ship.energy/industry-insights/ics-summit-backs-plan-for-global-clean-energy-marine-hubs/): At this week’s Shaping the Future of Shipping summit in London, organised by the International Chamber of Shipping (ICS), there was consensus on a proposal to set up a taskforce to establish Clean Energy Marine Hubs which would coordinate decarbonisation efforts from ports, shipping companies, and energy suppliers. This week’s summit, attended by over 100
- [A.P. Moller Foundation gives DKK 320 million to MMMC to accelerate shipping’s decarbonisation](https://ship.energy/industry-insights/a-p-moller-foundation-gives-dkk-320-million-to-mmmc-to-accelerate-shippings-decarbonisation/): The A.P. Møller Foundation has given another donation to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping – this follows on from the DKK 400 million the Foundation provided as start-up funding for the Center when it launched in June 2020. Commenting on the donation, chairman of the A.P. Moller Foundation Ane Mærsk Mc-Kinney
- [What’s in the tank?](https://ship.energy/industry-insights/whats-in-the-tank/): Mark Williams considers how the storage element of the value chain for shipping fuel might decarbonise? The mantra of electrify everything and generate the power using renewables has been adopted by a number of tank storage companies. Solar is now cheap enough to be considered for tank terminals at the design stage. And most tank
- [‘Together in Safety' consortium publishes future fuels risk assessment study](https://ship.energy/industry-insights/together-in-safety-consortium-publishes-future-fuels-risk-assessment/): A shipping industry safety consortium has completed a collaborative study on the risks of future fuels which finds that of the four fuels reviewed, methanol poses the least overall risk across four defined categories, followed by LNG, hydrogen and ammonia. The ‘Future Fuels Risk Assessment’ study partners include APM Terminals, Carnival Corp, Chevron, Euronav, Lloyd’s
- [MMMCZCS: Only 35% of top shipping firms have made net zero 2050 decarbonisation pledges](https://ship.energy/industry-insights/mmmczcs-only-35-of-top-shipping-firms-have-made-net-zero-2050-decarbonisation-pledges/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) says the findings of its new study – which shows that only 33 out of 94 of the major shipping companies have clearly defined 2050 net zero targets – should be seen as ‘a serious wake-up call’ for the maritime sector. The study defines the
- [DNV: Growth in LNG-fuelled vessel orders stutters in June but pipeline ‘piling up’](https://ship.energy/industry-insights/dnv-growth-in-lng-fuelled-vessel-orders-stutters-in-june-but-pipeline-piling-up/): Just six vessels were added to DNV’s AFI database in June but in spite of a quiet month for contracting, Q2 2022 was the strongest ever quarter for LNG-fuelled tonnage orders, with 83 vessels added to the tally. In a post on LinkedIn, Martin Christian Wold, Principal Consultant at DNV, noted that while six orders
- [IACS publishes recommendation on EEXI guidelines](https://ship.energy/industry-insights/iacs-publishes-recommendation-on-eexi-guidelines/): The International Association of Classification Societies (IACS) has developed a new recommendation to support the ‘global and consistent implementation’ of the International Maritime Organization’s (IMO) Energy Efficiency Existing Ship Index (EEXI). IACS Recommendation No. 172, said IACS, provides additional advice and guidance on certain elements of the regulatory text where cross-industry discussions had identified technical implementation
- [LR appoints new Chief Technology and Innovation Officer](https://ship.energy/industry-insights/lr-appoints-new-chief-technology-and-innovation-officer/): Lloyd’s Register (LR) has appointed Chakib Abi-Saab to the newly created role of Chief Technology and Innovation Officer (CTIO). Abi-Saab, who was previously with Bahri (formerly known as the National Shipping Company of Saudi Arabia) as their Chief Technology Officer, has considerable expertise in technology and digital solutions from both the maritime and the oil
- [Power shift](https://ship.energy/industry-insights/power-shift-2/): Around two thirds of the world’s bunker deliveries are made in six countries: China, South Korea, Singapore, the UAE, the Netherlands and the US. As shipping moves through its energy transition, the same six countries are likely to continue to be leading physical supply locations and key entrepots for green corridors. In the first of
- [DNV verifies Signal Ocean Platform's vessel emission estimates](https://ship.energy/industry-insights/dnv-verifies-signal-ocean-platforms-vessel-emission-estimates/): The algorithm underpinning Signal Ocean's estimates of vessel CO2 emissions has been verified as meeting IMO guidelines by class society DNV. The calculation considers all aspects of any voyage as well as any route deviations already taken by any given available vessel. Other factors include a vessel’s size, age, speed, loading conditions and shipyard. The
- [The long road to zero](https://ship.energy/industry-insights/the-long-road-to-zero/): Mark Williams continues his renewable fuels journey through the six main bunkering hotspots, and this week he considers initiatives underway – and on the horizon – in China. On 11 July China celebrated its 16th annual Maritime Day and commemorated the day Zheng He began his first voyage of discovery in 1403. China’s merchant fleet
- [Platts to publish daily price assessments for fuel emissions under the EU ETS](https://ship.energy/industry-insights/platts-to-publish-daily-price-assessments-for-fuel-emissions-under-the-eu-ets/): S&P Global Commodity Insights has announced that from 1 August it will issue daily Platts price assessments showing the cost of carbon dioxide emissions from fuel emissions from an Aframax tanker carrying crude or fuel oil on, initially, four European shipping routes. The new assessments build on the suite of freight carbon intensity values and
- [Master plan](https://ship.energy/industry-insights/master-plan/): In the third in his series of articles looking at the renewable energy ambitions of the top six bunkering locations, Mark Williams focuses on the largest marine fuels hub of all – Singapore – and finds that the city state is already building the foundations of its maritime hydrogen future. Policy National policy for maritime
- [ONE details emissions footprint in sustainability report](https://ship.energy/industry-insights/one-details-emissions-footprint-in-sustainability-report/): In its fifth annual sustainability report, Ocean Network Express (ONE) has provided details of the environmental impact of its vessels. The Singapore-headquartered shipping company saw Scope 1 emissions from fuel oil consumption fall from 10,638,466 tonnes of CO2 equivalent (tCO2e) in 2020 to 9,946,604 tCO2e in 2021. Scope 1 emissions from gasoil consumption rose from
- [DNV: Nine LNG-fuelled vessels ordered in July](https://ship.energy/industry-insights/dnv-nine-lng-fuelled-vessels-ordered-in-july/): The tally for LNG-fuelled vessels ordered this year currently stands at 162, according to the latest figures from DNV’s Alternative Fuels Insight platform. The class society noted that growth in the year so far has been driven by containerships and car carriers, accounting for 51% and 25% of orders respectively. The total order book for
- [RightShip acquires Thynk Software’s maritime tech business](https://ship.energy/industry-insights/rightship-acquires-thynk-softwares-maritime-tech-business/): ESG-focused maritime platform RightShip is acquiring Thynk Software’s maritime tech business, with Thynk’s Founder and CEO, Marlon Grech, set to join RightShip as its first Chief Technology Officer. A further 30 Thynk employees will also join RightShip when the acquisition completes, which is expected to be at the start of September. RightShip launched its Platform
- [SEA-LNG: LNG retrofits rate higher under CII than fuel oil, tech options](https://ship.energy/industry-insights/sea-lng-lng-retrofits-rate-higher-under-cii-than-fuel-oil-tech-options/): In new analysis published today, the SEA-LNG coalition says that, based on a 10-year payback term, there are ‘significant benefits’ in going for LNG retrofits over using very low sulphur fuel oil (VLSFO) or operating a vessel on high sulphur fuel oil (HSFO) in combination with scrubbers. SEA-LNG highlights that tougher environnmental regulation will drive
- [Crowley appoints EcoVadis to assess ESG supply chain credentials](https://ship.energy/industry-insights/crowley-appoints-ecovadis-to-assess-esg-supply-chain-credentials/): US maritime and logistics company Crowley has selected business sustainability ratings provider EcoVadis to assess its value chain in terms of its suppliers’ ESG impacts. Crowley has committed to reach net-zero carbon emissions by 2050 and outlined its strategy to achieve this in its inaugural sustainability report in June. One of Crowley’s priorities is the
- [Wood Mackenzie: Waste-based biofuels could be ‘a game changer’ for the energy transition](https://ship.energy/industry-insights/wood-mackenzie-waste-based-biofuels-could-be-a-game-changer-for-the-energy-transition/): Biofuel produced from sources such as municipal waste and agricultural residue could supply an additional 20 million barrels per day (b/d) of liquid biofuel by 2050, which equates to around 25% of projected liquid fuel demand in 2050, according to a new report by Wood Mackenzie. The company refers to biofuels as a ‘somewhat neglected’
- [Hydrogen territory](https://ship.energy/industry-insights/hydrogen-territory/): Mark Williams offers a snapshot of new developments from the frontiers of Iberia’s hydrogen economy A new report published in August details the development of green hydrogen for export from Spain and Portugal. Hydrogen in Iberia, published by World Hydrogen Leaders, written by Sladjana Djunisic and Tsvetomira Tsanova and edited by Ivan Shumkov, looks at
- [Hege Økland moving on from Norway’s Maritime CleanTech](https://ship.energy/industry-insights/hege-okland-moving-on-from-norways-maritime-cleantech/): CEO of Maritime CleanTech, Hege Økland, is to leave the green technology hub to lead Hy2gen Norway AS. Økland has played a key role in the development of Maritime CleanTech since it was established 11 years ago. The coast of Norway is world famous as the hub for ground-breaking green, shipping technologies, and Økland has
- [Hy(drogen) ambition](https://ship.energy/industry-insights/hydrogen-ambition/): This week, Mark Williams continues his review of the renewable fuels’ infrastructure of the top global bunkering hubs – and arrives in South Korea, where plans and projects are well underway. In this series of articles on renewable fuels infrastructure, we have so far covered the Netherlands, China and Singapore. We have South Korea, the
- [Shipowners’ Club releases in-depth assessment of alternative fuels](https://ship.energy/industry-insights/shipowners-club-releases-in-depth-assessment-of-alternative-fuels/): A new report from the Shipowners’ Club, authored by UCL Energy Institute PhD researcher, Colin Robertshaw, offers a detailed assessment of zero and low emission fuels against key criteria, including sustainability factors and the characteristics of fuel production. The study, ‘Alternative low emission fuels for the maritime industry’, is intended to be reference point for
- [NAVTOR and Danelec team up on data analytics](https://ship.energy/industry-insights/navtor-and-danelec-team-up-on-data-analytics/): A new partnership will bring together the data collected by Danelec’s internet-of-things (IoT) vessel infrastructure with NAVTOR’s NavFleet performance management and optimisation platform. According to the two companies, the combined collection and analytics solution will allow users to achieve ‘new standards of sustainability, compliance and cost-efficient operations.’ Danelec’s data collection and connectivity modules, installed on
- [Shaping the future](https://ship.energy/industry-insights/shaping-the-future/): Mark Williams examines the renewable fuels infrastructure landscape in the United Arab Emirates. Fujairah remains the benchmark Middle Eastern bunker pricing port despite recent falls in bunker sales (down 3% year on year in June 2022). The UAE is still the world’s second biggest bunkering hub by volume after Singapore. Governments and local industry believe
- [Bunker Holding contemplates the future of bunkering in its first ESG report](https://ship.energy/industry-insights/bunker-holding-contemplates-the-future-of-bunkering-in-its-first-esg-report/): In its 2021/2022 ESG report, published today (13 September), Bunker Holding considers what the future landscape for bunkering could look like, suggesting that bunkering contracts for new fuels could be longer – as much as two to three years – and setting out its aim to be ‘formally engaged’ in at least 10 bunkering infrastructure
- [ICCT: Use of renewable LNG does not eliminate methane slip problem](https://ship.energy/industry-insights/icct-use-of-renewable-lng-does-not-eliminate-methane-slip-problem/): A new report published today (14 September) by the International Council on Clean Transportation (ICCT) suggests that using renewable LNG might not reduce greenhouse gas (GHG) emissions compared to current levels, primarily because of methane slip from marine engines. The Intergovernmental Panel on Climate Change has said that methane emissions need to fall by one-third
- [ZeroNorth opens office in Singapore](https://ship.energy/industry-insights/zeronorth-opens-office-in-singapore/): Copenhagen-headquartered technology company ZeroNorth says the opening of an office in Singapore is ‘a natural next step’ after a period of rapid growth for the business. The new office, located in Singapore’s Central Business District, will be headed by VP Sales and General Manager for Asia, Paul Van Vessem. Announcing this next step, ZeroNorth said
- [Gaslog LNG opts for Kongsberg Maritime’s digitisation platform](https://ship.energy/industry-insights/gaslog-lng-opts-for-kongsberg-maritimes-digitisation-platform/): Kongsberg Maritime will be installing its Vessel Insight solution across Gaslog LNG’s fleet of 35 vessels. Connecting to Kongsberg Digital´s Vessel Insight Infrastructure will provide Gaslog LNG with access to fleet overview, vessel specific dashboards and analysis tools. Vessel Insight customers also have access to the Kognifai Marketplace, including a large range of applications and
- [A can-do attitude](https://ship.energy/industry-insights/a-can-do-attitude/): In the last episode of his series of articles looking at decarbonisation initiatives underway at the world’s top bunker hubs, Mark Williams assesses the scale of renewable fuels development in the USA. Focused elsewhere? With a global natural gas shortage driving up prices, there is plenty of incentive for US energy firms to focus on
- [USTC publishes first sustainability report](https://ship.energy/industry-insights/ustc-publishes-first-sustainability-report/): Denmark’s United Shipping and Trading Company (USTC) has released its first sustainability report outlining its approach to ESG across the group, including subsidiaries SDK FREJA, Unit IT, Uni-Tankers, and Bunker Holding. The report defines four ‘pillars of labour’ concerning ESG: Climate impact, Diversity, Equality, and Inclusion, Compliance, and Corporate Governance. As Mia Østergaard Rechnitzer, Chief
- [SEA-LNG: New ICCT report makes ‘flawed assumptions’ on LNG fuel](https://ship.energy/industry-insights/sea-lng-new-icct-report-makes-flawed-assumptions-on-lng-fuel/): SEA-LNG says that a report published last week by the International Council on Clean Transportation (ICCT) uses ‘poor data and unrealistic assumptions’ to misrepresent the role LNG can play in shipping’s decarbonisation. According to SEA-LNG, the ICCT study does not take account of the latest data on technology available to LNG-fuelled vessels. The ICCT, says
- [Poseidon Principles to align with UN targets on GHG emissions reduction](https://ship.energy/industry-insights/poseidon-principles-to-align-with-un-targets-on-ghg-emissions-reduction/): Thirty shipping banks and seventeen marine insurers have announced today (22 September) that the Poseidon Principles will adopt an emissions reduction trajectory in line with net-zero commitments ‘as soon as such a trajectory or trajectories become available.’ The Poseidon Principles are already aligned with the International Maritime Organization’s (IMO) ambition to reduce GHG emissions from
- [New report says 2030 target for scalable zero emission fuels is ‘within reach’](https://ship.energy/industry-insights/new-report-says-2030-target-for-scalable-zero-emission-fuels-is-within-reach/): A new study, led by Katharine Palmer, Shipping Lead for the UN High level Climate Champions team, and Domagoj Baresic, Consultant at UMAS, has found that shipping is taking ‘promising first steps’ towards a goal where scalable zero emission fuels (SZEF) make up 5% of international shipping fuels by 2030. The ‘Climate Action in Shipping
- [Zero-Emission Shipping Mission sets out its action plan](https://ship.energy/industry-insights/zero-emission-shipping-mission-sets-out-its-action-plan/): The Zero-Emission Shipping Mission, an alliance of countries, the private sector, research institutes and members of the civil society, has today (22 September) published an action plan to support the realisation of zero-emission deep sea shipping by 2030. Announced in June 2021, the Mission includes the governments of Denmark, Norway and the US, and the Global Maritime
- [Déjà vu?](https://ship.energy/industry-insights/deja-vu/): Will rising interest rates slow investment in low carbon technology? Mark Williams takes the long view The US Federal Reserve increased interest rates by 0.75% this week, followed by the Bank of England with a 0.5% increase. Some 16 countries globally are reviewing their interest rates this week. I’ve been asked by several contacts if
- [LR and Capital C to develop sustainability notation for the yacht sector](https://ship.energy/industry-insights/lr-and-capital-c-to-develop-sustainability-notation-for-the-yacht-sector/): The new notation will provide documented evidence that a vessel is certified as Carbon Positive and is compliant for all green financing, green bonds and carbon credits. The notation is intended to clearly define a vessel’s sustainability throughout its life from ‘cradle to grave’, thereby enhancing Lloyd’s Register’s existing ECO notation. Capital C has created
- [TotalEnergies: Current decade ‘decisive’ for investment in low carbon power](https://ship.energy/industry-insights/totalenergies-current-decade-decisive-for-investment-in-low-carbon-power/): In its Energy Outlook 2022, published today (27 September), TotalEnergies suggests that green hydrogen could account for around two-thirds of global energy needs by 2050, but it highlights the key role of natural gas in the energy transition, noting that it will become ‘greener over time’ and its growth will be supported by carbon capture
- [Signol and Clarksons join forces on carbon emissions reduction](https://ship.energy/industry-insights/signol-and-clarksons-join-forces-on-carbon-emissions-reduction/): Signol has partnered with Clarksons as part of its new carbon platform to cut emissions in the maritime sector. Signol uses existing maritime data, such as noon reports, to encourage mariners to execute more efficient behaviour in the operation vessels, thereby lowering fuel consumption, operating costs and emissions. Through its app, Signol ‘primes’ mariners to
- [IMO sub-committee details progress on safety guidelines for alternative fuels](https://ship.energy/industry-insights/imo-sub-committee-details-progress-on-safety-guidelines-for-alternative-fuels/): The meeting of the IMO’s Sub-Committee on Carriage of Cargoes and Containers (CCC 8), held on 14-23 September, agreed guidelines for LPG and also progressed the discussion on hydrogen and ammonia. The Sub-Committee agreed the draft Interim Guidelines for the safety of ships using liquefied petroleum gas (LPG), and the associated draft MSC circular, for
- [Maritime stakeholders call for hypothecation of EU ETS revenues](https://ship.energy/industry-insights/maritime-stakeholders-call-for-hypothecation-of-eu-ets-revenues/): Organisations representing the shipping, port and equipment sectors have called on Member States and the European Parliament to direct revenue generated from the inclusion of the shipping sector in the EU’s Emissions Trading System (ETS) into initiatives that will contribute to maritime decarbonisation. Organisations adding their name to a joint statement include ECSA, ESPO, CLIA,
- [No turning back](https://ship.energy/industry-insights/no-turning-back/): Offshore solar and hydrogen production offer a triple opportunity for shipping, says Mark Williams The apparent sabotage of the Nord Stream one and two pipelines has quite suddenly brought subsea and offshore asset security to the top of the agenda in Europe. The subject of security is likely to be given greater prominence in the
- [DNV: We are heading towards a 2.2°C warming](https://ship.energy/industry-insights/dnv-we-are-heading-towards-a-2-2c-warming/): ‘War-footing policy implementation is needed to secure net zero by 2050’ and ‘massive, early action to curb record emissions is critical,’ warns DNV in its Energy Transition Outlook 2022. Published this week, the Outlook notes that the long-term influence of the Ukraine conflict is low compared with the long term-drivers for change: ‘plunging’ renewable costs,
- [Survey season](https://ship.energy/industry-insights/survey-season/): As the global economy decarbonises, what will happen to demand for bulk carriers and to traditional trade routes – and which alternative fuels will this vessel segment opt for? We invite shipenergy.local readers to take part in our Second Annual Bulk Carrier Alternative Fuels Survey Last year we launched our first Bulk Carrier Alternative Fuels
- [ZeroNorth debuts new AI-enabled fuel model to improve vessels’ operational efficiency](https://ship.energy/industry-insights/zeronorth-debuts-new-ai-enabled-fuel-model-to-improve-vessels-operational-efficiency/): Technology company ZeroNorth has introduced a new advanced fuel model, which combines AI and best practice naval architecture knowledge to predict the expected operational fuel consumption of any type of vessel in the global fleet. According to ZeroNorth, the project has involved one of the company’s largest R&D investments to-date, with the company assembling a
- [New white paper details findings of UK onshore power project](https://ship.energy/industry-insights/new-white-paper-details-findings-of-uk-onshore-power-project/): Analysis undertaken by the Modular Onshore Power Supplies (ModOPS) project suggests that where sufficient grid connection capacity is unavailable, in-port power generation using a liquid fuel – such as hydrotreated vegetable oil (HVO) in the short term and, further ahead, green methanol – could be a good option to consider. The report, supported by a
- [NAVTOR and HOPPE Marine join forces on data sharing](https://ship.energy/industry-insights/navtor-and-hoppe-marine-join-forces-on-data-sharing/): A new collaboration agreement will enable NAVTOR’s NavFleet performance management and optimisation platform to access data collected by HOPPE’s onboard vessel technology. According to Arild Risholm Sæther, CBDO NavFleet, NAVTOR, the agreement will be ‘the key to better business decisions that impact on performance, profitability and sustainable fleet management.’ He continued: ‘HOPPE is an established
- [The maritime sector is the catalyst in the global energy transition](https://ship.energy/industry-insights/the-maritime-sector-is-the-catalyst-in-the-global-energy-transition/): Shipping has a unique opportunity to drive the global decarbonisation agenda, but regulation and clear signals over investment in the new fuels and technologies are needed, delegates were told during a session on the new energy landscape at the Women's International Shipping and Trading Association (WISTA) annual conference in Geneva today. In the session, moderated
- [ZeroNorth acquires online fuel platform Prosmar Bunkering](https://ship.energy/industry-insights/zeronorth-acquires-online-fuel-platform-prosmar-bunkering/): Tech company ZeroNorth has returned to the acquisition trail with the addition of Norway-based Prosmar and its Bunker Dashboard solution and Bunker Pricer module. Announcing the deal, ZeroNorth said the agreement does not cover Prosmar’s two other services, Prosmar Risk and Prosmar Price Matrix. Prosmar Bunkering will operate as an independent, standalone business, with the
- [MAN ES flags up 1,000 order milestone for two-stroke, dual fuel engines](https://ship.energy/industry-insights/man-es-flags-up-1000-order-milestone-for-two-stroke-dual-fuel-engines/): ‘Our future outlook on dual-fuel contracting per number of vessels expects that 50% of all vessels will be dual-fuel by 2026 – measured in engine power, more than 60% of all ordered engines are expected to be dual-fuel in 2026,’ says MAN ES’ Thomas S. Hansen. MAN Energy Solutions (MAN ES) has announced that over
- [RightShip to include EEXI values in GHG rating](https://ship.energy/industry-insights/rightship-to-include-eexi-values-in-ghg-rating/): In Q1 2023, digital maritime platform RightShip will add Energy Efficiency Existing Ship Index (EEXI) values to its GHG Rating, which already uses data and outputs from either the Existing Vessel Design Index (EVDI), or the Energy Efficiency Design Index (EEDI) to generate an A – G rating of the theoretical CO₂ emissions of a
- [Maersk and Spanish government to look at potential for ‘large-scale green fuels production’](https://ship.energy/industry-insights/maersk-and-spanish-government-to-look-at-potential-for-large-scale-green-fuels-production/): A.P. Moller - Maersk (Maersk) and the Spanish Government have signed a General Protocol for Collaboration which, if implemented in full, could see the production in Spain of up to 2 million tonnes of green methanol. The project aims to explore the feasibility on how to cover the full value chain from renewable energy sources
- [Good COP, bad COP?](https://ship.energy/industry-insights/good-cop-bad-cop/): COP26 was a big moment for shipping but the industry is not taking centre stage at COP27. Is it actually a relief for shipping not to be in the spotlight this time round? Mark William ponders this question. Annus horribilis 30-year peaks in inflation. Rising interest rates. Recession. War in Ukraine. Capital flight from increasingly
- [Xeneta and Marine Benchmark launch Carbon Emissions Index](https://ship.energy/industry-insights/xeneta-and-marine-benchmark-launch-carbon-emissions-index/): Ocean and air freight rate market analytics platform Xeneta and maritime analysis service provider Marine Benchmark have launched their Carbon Emissions Index (CEI) for the container shipping market. The CEI tracks and compares the carbon emissions of ocean carriers across 13 key global trade lanes. The data is based on vessel information from a carrier’s
- [LR launches framework to assess ship readiness for zero carbon fuels](https://ship.energy/industry-insights/lr-launches-framework-to-assess-ship-readiness-for-zero-carbon-fuels/): Lloyd’s Register has created a five-level framework for assessing the readiness of existing and new vessels for the transition to zero carbon fuels. Published by LR’s Maritime Decarbonisation Hub, ‘Zero Ready Framework – helping to ensure shipping can deliver our zero-emissions future’, ranks vessel readiness for zero carbon fuel operations from 1 (the highest level
- [coZEV releases its 'Roadmap to 2040'](https://ship.energy/industry-insights/cozev-releases-its-roadmap-to-2040/): Cargo Owners for Zero Emissions Vessels (coZEV) has published its ‘Roadmap to 2040’ which outlines the action areas cargo owners can focus on in 2023 to achieve the coalition members’ stated ambition of fully decarbonising their ocean freight by 2040. The ‘Roadmap to 2040’ includes the creation of a new maritime freight buyers alliance, a
- [Give and take](https://ship.energy/industry-insights/give-and-take/): Post COP27, it seems shipping is still the easy scapegoat. Mark Williams suggests that shipping needs some carrot as well as stick on its journey to decarbonisation Over the last two and a half years since the launch of shipenergy.local we’ve heard a great deal about the necessity of cooperation between state and corporate actors
- [BIMCO publishes CII clause for time charterers](https://ship.energy/industry-insights/bimco-publishes-cii-clause-for-time-charterers/): With the Carbon Intensity Indicator (CII) due to come into effect on 1 January next year, BIMCO has published a clause based on the premise that a time charterer should bear the responsibility for a ship’s emissions ‘because the charterer makes the relevant decisions on the operation of the ship.’ Introducing the new clause, BIMCO
- [New report considers the ecological impacts of ammonia bunker spills](https://ship.energy/industry-insights/new-report-considers-the-ecological-impacts-of-ammonia-bunker-spills/): A joint study by Environmental Defense Fund (EDF), Lloyd’s Register (LR) and Ricardo looks at the potential marine environmental impacts of ammonia spills when used as a marine fuel. The study, which used extensive modelling ‘due to the scarcity of real-world data’, focuses on the impacts of large ammonia fuel spill scenarios on marine habitats.
- [Frame of reference](https://ship.energy/industry-insights/frame-of-reference/): When looking at how shipping companies should approach their environmental, governance and social (ESG) responsibilities, Mark Williams suggests they may need to do the S and the G to be taken seriously on the E. A theme I regularly return to with my consultancy customers cropped up last week, namely, what does it mean to
- [ZeroNorth rolls out Vessel Optimisation service](https://ship.energy/industry-insights/zeronorth-rolls-out-vessel-optimisation-service/): Drawing on multiple data sources, machine learning and marine domain knowledge, ZeroNorth’s new Vessel Optimisation service is intended to simplify the process for owners and operators of identifying inefficient vessels within a fleet. The service focuses on two key areas – hull fouling and auxiliary boiler consumption. Hull performance is a key area for vessel
- [Quadrise publishes first sustainability report](https://ship.energy/industry-insights/quadrise-publishes-first-sustainability-report/): Quadrise says it is aiming to deliver a commercially competitive net-zero emulsion fuel by 2030, whilst reducing its company footprint to net-zero by 2030. The company has also put in place a near-term goal in 2025 to reduce its carbon intensity by 30% from a baseline of 0.84 tonnes CO2e/FTE. In its 2022 sustainability report,
- [Hydrogen hunting](https://ship.energy/industry-insights/hydrogen-hunting/): Mark Williams suggests that supply side constraints may slow shipping’s voyage to net zero as much as regulatory uncertainty does. The International Energy Agency (IEA) estimates that the world will need 3,585 gigawatts of electrolyser capacity to meet the demand for green hydrogen in 2050, compared to 1 gigawatt of installed capacity today. There is
- [Second generation biofuels could be a ‘very serious contender’ in future fuels mix, says BV](https://ship.energy/industry-insights/second-generation-biofuels-could-be-a-very-serious-contender-in-future-fuels-mix-says-bv/): Second generation biofuels could be a ‘very serious contender’ in future fuels mix, says BVBureau Veritas recently released a new whitepaper in which future fuels are assessed on a well-to-wake basis. Speaking to shipenergy.local, the class society’s Paul Delouche highlights one of the key takeaways: how the potential for second-generation biofuels to emerge as a
- [£75 billion investment needed for UK’s maritime sector to reach net zero](https://ship.energy/industry-insights/75-billion-investment-needed-for-uks-maritime-sector-to-reach-net-zero/): A new report from Marine Capital Ltd has identified pathways to accessing the £75 billion financing which will be required over the next 30 years to deliver UK shipping’s energy transition. The report, UK Domestic Shipping: Mobilising Investment in Net Zero, which was supported by UMAS and Lloyd’s Register, identifies funding mechanisms that can be
- [AAPA launches POWERs program to drive supply chain sustainability](https://ship.energy/industry-insights/aapa-launches-powers-program-to-drive-supply-chain-sustainability/): The American Association of Port Authorities (AAPA) has rolled out its Port Opportunities with Energy, Resilience, and Sustainability (POWERS) program which will focus on ‘energy evolution’, covering areas such as energy exports, next-generation fuels and decarbonisation. The AAPA has also launched a website for the POWERS program (aapapowers.com) to be used as a resource for
- [GCMD initiates study on the offloading of shipboard captured CO2](https://ship.energy/industry-insights/gcmd-initiates-study-on-the-offloading-of-shipboard-captured-co2/): The Global Centre for Maritime Decarbonisation (GCMD) is issuing an Invitation-for-Proposal (IFP) to look at the challenges and operational requirements for offloading shipboard captured CO2 during port calls. In early October, the GCMD, the Oil and Gas Climate Initiative (OGCI) and Stena Bulk launched Project REMARCCABLE (Realising Maritime Carbon Capture to demonstrate the Ability to
- [INTERCARGO: IMO must focus on alternative fuels as well as technical measures](https://ship.energy/industry-insights/intercargo-imo-must-focus-on-alternative-fuels-as-well-as-technical-measures/): Net zero shipping by 2050 can only be achieved through the provision of alternative fuels, says INTERCARGO, while noting that the Carbon Intensity Indicator (CII) in its current format has ‘significant flaws’ that need to be addressed to make it fit for purpose. Setting out its position on the International Maritime Organization’s (IMO) decarbonisation targets
- [Wärtsilä becomes Mission Ambassador for Copenhagen decarbonisation centre](https://ship.energy/industry-insights/wartsila-becomes-mission-ambassador-for-copenhagen-decarbonisation-centre/): Wärtsilä’s partnership with the Mӕrsk Mc-Kinney Møller Center for Zero Carbon Shipping has been strengthened with the company signing as an official Mission Ambassador. Wärtsilä has already worked as a project partner with the Center in the NoGAPS project to develop a Nordic-based concept for an ammonia-powered gas carrier vessel. The ship would both transport
- [SINTEF and Sustainable Energy join forces to support green R&D](https://ship.energy/industry-insights/sintef-and-sustainable-energy-join-forces-to-support-green-rd/): Research institute SINTEF and Norwegian catapult centre Sustainable Energy have signed a letter of intent that will guarantee Norwegian industry access to research and testing infrastructure in order drive progress on the energy transition. The research areas that are seen to be particularly relevant to this collaboration include offshore wind power and energy production, future
- [Bulk carrier survey: Market solutions trump regulations](https://ship.energy/industry-insights/bulk-carrier-survey-market-solutions-trump-regulations/): This is the second year that we’ve asked readers to complete a short survey on decarbonisation in the bulk carrier markets. The results are in. Overall, they are consistent with last year in displaying more faith in markets than in in regulators. We first asked, ‘Do you agree with the following statement? “Global decarbonisation policies will
- [Copenhagen decarbonisation centre, industry partners join forces on ‘book and claim’ project](https://ship.energy/industry-insights/copenhagen-decarbonisation-centre-industry-partners-join-forces-on-book-and-claim-project/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping along with Rocky Mountain Institute, Danish Shipping, and Maersk Oil Trading are collaborating on a maritime specific ‘book and claim’ process. As explained by the Center, book & claim is a chain of custody model ‘with a twist’. ‘Instead of buying a product (like milk) and
- [Catch the wave](https://ship.energy/industry-insights/catch-the-wave/): Scaling up the production of renewable bunker fuels to meet shipping’s demand is an enormous challenge – and an enormous business opportunity. As Mark Williams explains, whoever is willing to invest in that opportunity could potentially be the Rockefeller of the 21st century. To comply with IMO MARPOL regulations, ships of 5,000 gross tonnage and
- [Shipowner decarbonisation survey flags up ‘collaboration crisis’](https://ship.energy/industry-insights/shipowner-decarbonisation-survey-flags-up-collaboration-crisis/): The Houlder Navigator Shipowner Decarbonisation Survey finds that while interaction between shipowners, and between technology firms and owners, can be important in achieving carbon reduction commitments, this is not being delivered in a way that owners need. Houlder’s research was based on owner feedback from across the container, tanker, bulk, cruise and ferry sectors. Although
- [Here comes the sun…](https://ship.energy/industry-insights/here-comes-the-sun/): Renewable electricity is a prerequisite for the manufacture of zero-carbon methanol, ammonia, methane and LH2 as a fuel for shipping and an energy source for other industry sectors. Here, Mark Williams reviews some of the recent announcements about the provision of solar energy. The weather has been extremely chilly in North America and unusually warm
- [SWOT analysis webinar seeking to stimulate stakeholder input on pros and cons of future marine fuels](https://ship.energy/industry-insights/swot-analysis-webinar-seeking-to-stimulate-stakeholder-input-on-pros-and-cons-of-future-marine-fuels/): A hybrid webinar, organised by the Cyprus Shipping Deputy Ministry (SDM) in association with the University of Houston, will be held tomorrow (19 January) and as Vassilios Demetriades, Cyprus’ Deputy Shipping Minister, tells shipenergy.local, the live SWOT analysis is intended to catalyse debate on shipping’s future fuels and the outcomes of the exercise will be
- [Sorting the data](https://ship.energy/industry-insights/sorting-the-data/): Mark Williams takes a closer look at the 2022 order book for alternative fuel vessels. Clarksons Research reported in January that global newbuilding orders for 2022 fell 20% year on year when measured in compensated gross tonnes, though prices increased by an average of 15%. The total value of newbuilding orders is estimated to be
- [Remodelling the marine fuels physical market](https://ship.energy/industry-insights/remodelling-the-marine-fuels-physical-market/): Demographic, climate and political change will alter ocean trade routes over the next three decades, and producing, storing and transporting the new, low or zero emissions marine fuels will require different approaches all the way along the supply chain. Mark Williams considers some of the factors which will determine what an alternative fuels physical bunker
- [Are we spending enough?](https://ship.energy/industry-insights/are-we-spending-enough/): To reach emission reduction targets, investment in net zero technology needs to grow rapidly. What does that mean for shipping? The offsetting company Climate Trade says that, in order to reach the Paris Agreement goal of capping global temperature increases to 1.5C, energy investment needs to be as high as $114 trillion by 2050, though
- [Olympic Shipping joins GCMD as impact partner](https://ship.energy/industry-insights/olympic-shipping-joins-gcmd-as-impact-partner/): Olympic Shipping and Management has become the first Greek shipowner and manager to sign up to the Singapore-based Global Centre for Maritime Decarbonisation (GCMD). With the signing of an Impact Partnership Agreement, the two parties have committed to a five-year collaboration to accelerate shipping’s decarbonisation. As an Impact Partner, OSM will provide a cash contribution
- [Trading the future](https://ship.energy/industry-insights/trading-the-future/): What can a 30-year-old report on derivatives teach the bunker industry about managing risks? Quite a lot, suggests energy market risk professional, Kevin O’Reilly. The Group of Thirty’s seminal study on derivatives remains the operating guide to which all people involved in derivatives trading should adhere. While the recommendations published in the study were written
- [Report identifies cause of gas flame incident onboard hydrogen carrier Suiso Frontier](https://ship.energy/industry-insights/report-identifies-cause-of-gas-flame-incident-onboard-hydrogen-carrier-suiso-frontier/): A report by the Australian Transport Safety Bureau (ATSB) has found that a malfunction in the gas control unit onboard the world’s first liquefied hydrogen carrier, Suiso Frontier, resulted in a gas flame ‘briefly propagating onto its deck’. As explained in the report, the incident occurred during the tanker’s maiden voyage. The ship had left
- [The nuclear option](https://ship.energy/industry-insights/the-nuclear-option/): Some in the maritime sector believe nuclear energy should be part of the decarbonisation conversation, while others see it as a complete non-starter. Mark Williams looks at some of the issues involved in this highly polarised discussion. The International Energy Agency’s (IEA) Net Zero by 2050 study includes a plan for decarbonising the global economy.
- [INSIGHT: Navigating the regulatory obstacle course](https://ship.energy/industry-insights/insight-navigating-the-regulatory-obstacle-course/): Martyn McMahon, who recently took over as Global Director of the GAC Group's bunker fuel trading arm, GAC Bunker Fuels Limited, examines both the challenges and opportunities afforded by environmental regulations. The International Maritime Organization (IMO) has set out goal posts for decarbonising shipping, with 2030, 2040 and 2050 as concrete milestones for carbon emission
- [Fast forward](https://ship.energy/industry-insights/fast-forward/): An increase in renewable energy is vital if shipping is to gain access to the e-fuels which will be required to fuel it in the future. Mark Williams looks at the potential for growth in wind and solar power ‘It often takes longer to permit a wind farm than to build it, causing unnecessary delay
- [HMM named as top low emission carrier on key trade lane](https://ship.energy/industry-insights/hmm-named-as-top-low-emission-carrier-on-key-trade-lane/): Hyundai Merchant Marine (HMM) has topped the list as the best performing carrier in terms of carbon emissions on the Far East Asia and US West Coast route in Q4 2022, according to the Carbon Emissions Index (CEI). Published by freight rate analysis firm Xeneta in collaboration with maritime data management business Marine Benchmark, CEI
- [IEA: Under 1% rise in 2022 global energy-related CO2 emissions but trajectory remains ‘unsustainable’](https://ship.energy/industry-insights/iea-under-1-rise-in-2022-global-energy-related-co2-emissions-but-trajectory-remains-unsustainable/): New International Energy Agency (IEA) analysis shows that global energy-related CO2 emissions last year were lower than feared as the use of renewables, electric vehicles and other energy efficient technologies helped to cushion the impact of increased dependence on coal and oil during the global energy crisis. However, while the growth in emissions last year
- [Turning the tide](https://ship.energy/industry-insights/turning-the-tide/): Green shipping initiatives abound but the world’s appetite for hydrocarbons remains undeniably hearty. Is it time for a reality check on reaching those 2050 decarbonisation targets? This week I ran a shipping strategy workshop for a client which sells a product to ship owners. The young and energetic colleagues who attended were overwhelmingly of the
- [Danish Shipping’s Skipper Schwenn calls time](https://ship.energy/industry-insights/danish-shippings-skipper-schwenn-calls-time/): Maria Skipper Schwenn, Danish Shipping’s Director for Climate, Environment and Safety, has decided ‘to seek new challenges’ after 13 years at the Copenhagen- headquartered organisation. Announcing her decision to step down, she said: ‘Over some time, I have slowly been able to feel the need for a change, but also a need to stop and
- [ZeroNorth onboards Mike Konstantinidis to head up new data capture unit](https://ship.energy/industry-insights/zeronorth-onboards-mike-konstantinidis-to-head-up-new-data-capture-unit/): Mike Konstantinidis has joined technology company ZeroNorth as MD of Vessel Optimisation and Head of the company’s Athens office, where he will heading up a new business unit focused on bringing data captured by onboard sensors to the ZeroNorth platform. Konstantinidis has worked in the technology sector for more than 35 years and in the
- [Have you got a permit for that?](https://ship.energy/industry-insights/have-you-got-a-permit-for-that/): While many industry stakeholders are focused on finding ways to accelerate shipping’s decarbonisation, Mark Williams argues that protracted and unwieldy permitting processes for projects such as renewable energy production facilities or carbon capture and storage locations are holding back progress on the energy transition. The article I wrote last week has generated more than the
- [AXSMarine adds emissions dashboard to AXSInsights](https://ship.energy/industry-insights/axsmarine-adds-emissions-dashboard-to-axsinsights/): AXSMarine has launched an interactive dashboard in AXSInsights which provides CO2 emissions data for the dry bulk fleet and also estimates the Carbon Intensity Indicator (CII) rating and Energy Efficiency Operational Indicator (EEOI) for a single vessel or fleetwide as applied to current and historical voyages. The CO2 emissions information is provided by proprietary speed
- [Mexico’s Énestas joins SEA-LNG](https://ship.energy/industry-insights/mexicos-enestas-joins-sea-lng/): Marine LNG industry coalition SEA-LNG has announced Mexican natural gas company Énestas as a new member. Énestas provides access to LNG for power generation, industry and transport. Énestas has the largest LNG distribution network in Mexico and is expanding gas infrastructure and logistics solutions in the region including LNG bunkering, where, according to SEA-LNG, it
- [ABS and Korean stakeholders join forces on defining Scope 3 emissions methodologies](https://ship.energy/industry-insights/abs-and-korean-stakeholders-join-forces-on-defining-scope-3-emissions-methodologies/): American Bureau of Shipping, Korean Register and the leading Korean shipyards have established a joint development project (JDP) which will focus on creating a standardised approach to the calculation of greenhouse gas (GHG) Scope 3 emissions. Shipyards participating in the JDP include HD Hyundai Group, Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI),
- [New report calls on UK government to bring forward Clean Maritime Plan ‘without delay’](https://ship.energy/industry-insights/new-report-calls-on-uk-government-to-bring-forward-clean-maritime-plan-without-delay/): A new Transport Committee report commends the UK government in developing its Maritime 2050 strategy back in 2019, but the Committee’s Chair, Ian Stewart, says ‘clarity and focus are needed to refine its muddle of 184 recommendations.’ The report offers a critique of the Maritime 2050 plan as it currently stands. The UK Department for
- [WFW: Shipping has upped its game in understanding ESG goals and timelines](https://ship.energy/industry-insights/wfw-shipping-has-upped-its-game-in-understanding-esg-goals-and-timelines/): In its second Sustainability Imperative survey, published today (23 March), law firm Watson Farley & Williams highlights that respondents believe that 28% of the maritime industry will meet emissions milestones within five years while shipowners are taking a much more collaborative approach on ESG, with over 50% already involved in ESG-linked tie-ups. The new report
- [Shipergy announces webinar focusing on CII and alternative fuels](https://ship.energy/industry-insights/shipergy-announces-webinar-focusing-on-cii-and-alternative-fuels/): Bunker procurement and trading firm Shipergy is hosting a webinar on 27 March - eMission: Impossible - CII and the use of alternative fuel – which will be chaired by its CEO, Daniel Rose and will feature input fromRisto-Juhani Kariranta, founder of Ahti Consulting. The webinar will cover a range of topics, including: using alternative
- [IMO ISWG meeting ‘positive’ but falls short on specifics](https://ship.energy/industry-insights/imo-iswg-meeting-positive-but-falls-short-on-specifics/): Feedback from shipping organisations and climate NGOs on the outcomes of this week's meeting of the International Working Group on Greenhouse Gases (ISWG GHG 14) at the IMO is largely positive in terms of the growing support for a zero emissions scenario for shipping by 2050, but there was little in the way of decision-making.
- [The rise of the LH2 fleet](https://ship.energy/industry-insights/the-rise-of-the-lh2-fleet/): Shell’s new scenarios posit a fleet of ten thousand LH2 tankers by 2050. How could that come about?
- [GMF: Shipping can save $50 billion through operational efficiency ‘enablers’](https://ship.energy/industry-insights/gmf-shipping-can-save-50-billion-through-operational-efficiency-enablers/): The Global Maritime Forum has identified four actions that can optimise vessel operational efficiency and can in turn lead to fuel cost reductions totalling $50 billion. In a new insight brief launched the week, the GMF identifies four solutions: better transparency and standardisation of performance data; scaling up pilots and best practices; contractual changes to
- [Xeneta tags Yang Ming as an ‘emissions hero’](https://ship.energy/industry-insights/xeneta-tags-yang-ming-as-an-emissions-hero/): Ocean and air freight rate benchmarking firm Xeneta has named Yang Ming as the container industry’s ‘emissions hero’ for all relevant trades in its Carbon Emissions Index (CEI) in Q4 2022. According to Xeneta, the Taiwanese container line was the industry’s only major player to score below the CEI performance baseline of 100 (set in
- [UMAS: Unlocking vessel efficiency is key to keeping to 1.5oC pathway up to 2030](https://ship.energy/industry-insights/umas-unlocking-vessel-efficiency-is-key-to-keeping-to-1-5oc-pathway-up-to-2030/): While zero emission fuels will ultimately enable shipping to reach its decarbonisation targets, a new report from shipping consultancy service UMAS says that the absolute emission reductions needed by 2030 can largely be achieved through a further ‘step change’ in efficiency across the global fleet. The UMAS report shows that irrespective of how many new
- [INSIGHT: Shipping is entering many decarbonisation transitions simultaneously](https://ship.energy/industry-insights/insight-shipping-is-entering-many-decarbonisation-transitions-simultaneously/): As decarbonisation brings different challenges, constraints and opportunities for different segments and company sizes, shipping needs tailored and pragmatic pathways to deliver successful transitions for the many, not just the few, writes Ulrik Dan Frørup, Chief Commercial Director, Bureau Veritas Marine & Offshore. The phrase “shipping’s decarbonisation” is everywhere in strategic plans, conference agendas and
- [Order, order](https://ship.energy/industry-insights/order-order/): With shipyards now full until 2025, Mark Williams takes a look at what the first quarter of 2023 has delivered in terms of alternative fuelled vessel orders. As the first quarter of 2023 closes, it’s a pertinent moment to consider newbuilding orders placed so far this year with alternative fuel technology. The big news this
- [Klaveness Combination Carriers signs up to Sustainable Shipping Initiative](https://ship.energy/industry-insights/klaveness-combination-carriers-signs-up-to-sustainable-shipping-initiative/): Klaveness Combination Carriers (KCC) has announced its membership of the Sustainable Shipping Initiative (SSI), the multi-stakeholder initiative which is working to improve the sustainability of the shipping sector in terms of its social, environmental and economic impacts. In terms of KCC’s own sustainability ambitions, it highlights its efforts to solve maritime inefficiencies by maximising the
- [ClassNK adds features to GHG emissions management tool](https://ship.energy/industry-insights/classnk-adds-features-to-ghg-emissions-management-tool/): ClassNK has released new features for its ClassNK ZETA tool which visualises the CO2 emissions and Carbon Intensity Indicator (CII) ratings for ships. The tool links with the ClassNK MRV Portal, which is a compliance supporting system for mandatory reporting and verification (MRV) schemes such as IMO-DCS and EU-MRV regulation. The new features include a
- [DNV trails launch of Emissions Connect](https://ship.energy/industry-insights/dnv-trails-launch-of-emissions-connect/): Class society DNV is holding a launch event on 27 April to introduce Emissions Connect, a real-time emissions data verification solution for the maritime supply chain. According to DNV, Emissions Connect can turn fragmented data streams into a single verified source the whole maritime value chain can share. The solution provides an emissions data baseline
- [Strategic Marine commissions study on CTV emissions profiles](https://ship.energy/industry-insights/strategic-marine-commissions-study-on-ctv-emissions-profiles/): Singapore-based boatbuilder Strategic Marine has commissioned the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Nanyang Technological University (NTU Singapore), to undertake a study to evaluate the energy and emissions profiles of diesel and hybrid-powered crew transfer vessels (CTVs). Jointly funded by the Singapore Maritime Institute (SMI) and NTU, MESD CoE works
- [ZeroNorth partners with decarbonisation-focused ventures](https://ship.energy/industry-insights/zeronorth-partners-with-decarbonisation-focused-ventures/): Danish technology firm ZeroNorth has announced it is partnering with the Global Maritime Forum and is also now a Mission Ambassador for the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping In its new role as a Global Maritime Forum partner, ZeroNorth is a member of the organisation’s Short-Term Actions Taskforce, working to shape a
- [KCC and South32 agree to include carbon pricing in COA](https://ship.energy/industry-insights/kcc-and-south32-agree-to-include-carbon-pricing-in-coa/): KCC Chartering, a subsidiary of Klaveness Combination Carriers, and South32 Marketing, a subsidiary of mining and metals company South32, have agreed to include a carbon pricing mechanism in their existing contract of affreightment (COA). The six-year COA was first announced last January, when the companies agreed a sustainability framework aimed at reducing carbon dioxide emissions
- [Spend, spend, spend?](https://ship.energy/industry-insights/spend-spend-spend/): Shipowners can order ships today for delivery from late 2025 which could be able to trade for a full 25 years, right up to the IMO’s greenhouse gas (GHG) reduction target year of 2050. With such an option theoretically on the table, Mark Williams asks if shipowners are choosing to spend the profits earned over
- [Berit Hinnemann leaves Maersk for CTO role at Green2x](https://ship.energy/industry-insights/berit-hinnemann-leaves-maersk-for-cto-role-at-green2x/): After a three-year stint at A.P. Moller-Maersk, most recently as its Head of Green Sourcing Strategy and Business Development, Berit Hinnemann has joined the Danish biofuels firm Green2x as Chief Technology Officer. Hinneman joined Maersk in May 2021 as its head of Decarbonisation Business Development. She was appointed to her most recent role with the
- [Yet another talking shop?](https://ship.energy/industry-insights/yet-another-talking-shop/): Taking the recent Major Economies Forum on Energy and Climate as his starting point, Mark Williams considers the yawning gap between decarbonisation targets and the continuing global demand for fossil fuels. It might feel like international co-operation is failing, if you read about the geostrategic competition that is taking place between nuclear armed states wanting
- [Good intentions](https://ship.energy/industry-insights/good-intentions/): Mark Williams considers how shipping’s relationships with its banks and regulators are being impacted by the demands of ESG compliance ESG is now baked into most US and European banks’ processes for onboarding customers and performing their regular annual customer reviews. A number of lenders have ESG (Environment, Social, Governance) analysts working with their credit
- [Taking the AI road to zero](https://ship.energy/industry-insights/taking-the-ai-road-to-zero/): How will AI change shipping? Mark William considers the benefits – and (for now at least) the limitations of the new problem-solving, decision-making and disruptive technologies. Life, the universe, and everything Artificial intelligence (AI) will change the world, we are told. The main reason for this is not that one AI will be smarter than
- [Buying into biofuels](https://ship.energy/industry-insights/buying-into-biofuels/): With shipping’s inclusion in the EU’s Emission Trading System (ETS) less than a year away, Mark Williams considers biofuel’s credentials as an alternative bunker fuel in the European marketplace Biofuel demand in Europe is set to undergo an upwards step change as the shipping industry enters the EU’s Emission Trading System (ETS) from 2024. In
- [Reading from the same page](https://ship.energy/industry-insights/reading-from-the-same-page/): Mark Williams suggests that when looking at supply chain decarbonisation, the perspectives of the large corporates can be somewhat disconnected from the realities of physical and human geography. This week I was invited to address the Innovation Zero conference and exhibition in London, a free event sponsored by the UK government. Over one hundred companies
- [The pace of shipping’s decarbonisation must accelerate, says new Shell report](https://ship.energy/industry-insights/the-pace-of-shippings-decarbonisation-must-accelerate-says-new-shell-report/): In its second ‘All Hands on Deck’ report, published in collaboration with Deloitte, Shell offers six ‘critical’ recommendations to drive forward shipping’s energy transition, noting that ‘the magnitude of action and investment needs to step up with speed to achieve the ambition of net zero by 2050. While the company acknowledges that progress has been
- [IACS Council elects new Chair, signs LOI with Singapore MPA](https://ship.energy/industry-insights/iac-council-elects-new-chair-signs-loi-with-singapore-mpa/): At its 87th Council meeting in Gdansk, Poland this week, IACS elected Roberto Cazzulo of RINA as its incoming Chair from January 2024 and also signed a Letter of Intent with Singapore’s Maritime and Port Authority to collaborate on ‘the safe and practical implementation of low or zero carbon technologies.’ Decarbonisation featured prominently on the
- [Peak time](https://ship.energy/industry-insights/peak-time/): From his vantage point this week on the Rock of Gibraltar, Mark Williams considers the outlook for crude oil demand and supply, and tapping into the discussions at Maritime Week Gibraltar, he finds a good measure of positivity over shipping’s willingness and ability to decarbonise. This week I attended Maritime Week Gibraltar (MWG) where the
- [Shipping's emissions score card](https://ship.energy/industry-insights/shippings-emissions-score-card/): Mark Williams looks at how vessel segments may navigate the energy transition, and offers some initial feedback on the EU’s newly published Monitoring, Reporting and Verification data for 2022. Tim Smith, a director of shipping consultancy MSI, presented a webinar on 6 July about the effects of the energy transition on shipping. MSI has forecast
- [Old King Coal](https://ship.energy/industry-insights/old-king-coal/): In this era of the energy transition and with China’s appetite for coal seemingly insatiable, Mark Williams asks how long the coal trade will last. Shipbroker Banchero Costa wrote in a recent weekly report that global coal trade was back to pre-Covid levels, expanding by nearly 6% in 2022 to 1.2 billion tonnes, excluding cabotage.
- [RightShip and PLA partner on decarbonisation strategy](https://ship.energy/industry-insights/rightship-and-pla-partner-on-decarbonisation-strategy/): The Port of London Authority has announced plans to use RightShip’s Maritime Emissions Portal (MEP), which combines Automatic Identification System (AIS) vessel movement data with RightShip's vessel insight data, to support its decarbonisation efforts. Robin Mortimer, chief executive at the PLA, commented: ‘As the largest port in the UK, covering 95 miles of the Thames
- [All to play for](https://ship.energy/industry-insights/31516/): In a week that delivered the news of the election of the next Secretary-General of the International Maritime Organization, Mark Williams considers the challenges facing Panama’s Arsenio Antonio Dominguez Velasco when he begins his four-year term of office in 2024, not least the impact of new – and ambitious – EU environmental regulations. It has
- [Retailers and carriers fall short on Ship it Zero’s decarbonisation score card](https://ship.energy/industry-insights/retailers-and-carriers-fall-short-on-ship-it-zeros-decarbonisation-score-card/): Climate and public health campaign Ship it Zero says the results of its inaugural Shipping Decarbonization Report Card put ‘retailers and carrier lines on notice to clean up their shipping problem.’ According to Ship it Zero, its new score card shows that few carriers and retailers are tracking their ‘devastating’ climate change emissions from global
- [MOL joins GCMD as impact partner](https://ship.energy/industry-insights/mol-joins-gcmd-as-impact-partner/): The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and Mitsui O.S.K. Lines (MOL) today (8 August) announced the signing of a five-year Impact Partnership agreement. As an Impact Partner, MOL will contribute to the Centre’s projects by, among other things, providing access to vessels, operating data and evaluation reports so that internal learnings can be
- [The direction of travel](https://ship.energy/industry-insights/the-direction-of-travel/): The coming few years are looking increasingly challenging for container shipping. Geopolitics and climate change directly affect liner shipping like no other sector of the industry. As such, we are asking shipenergy.local subscribers to take part in our third annual container shipping alternative fuels survey, undertaken in partnership with Shipping Strategy. The results should make
- [GCMD opts for inline tracer dosing in third biofuel trial](https://ship.energy/industry-insights/gcmd-opts-for-inline-tracer-dosing-in-third-biofuel-trial/): Working with Eastern Pacific Shipping (EPS), the Global Centre for Maritime Decarbonisation (GCMD) has undertaken a biofuel bunker delivery at the Port of Vlissingen in the Netherlands in which a tracer was dosed in-line with hydrotreated vegetable oil (HVO) and blended with marine gasoil (MGO) onboard the bunker vessel. The operation, completed on 24 July,
- [DNV issues guidelines on verifying production and distribution claims for hydrogen and ammonia](https://ship.energy/industry-insights/dnv-issues-guidelines-on-verifying-production-and-distribution-claims-for-hydrogen-and-ammonia/): DNV has released a new service specification, DNV-SE-0654, which sets out the organisation’s procedures for verifying companies’ claims about the production and distribution of low-carbon and renewable hydrogen and ammonia. The new service is intended to enable hydrogen producers to document and demonstrate compliance with applicable standards, ensuring the credibility and transparency of their claims,
- [Keeping on track](https://ship.energy/industry-insights/keeping-on-track/): Mark Williams considers the potential for green shipping corridors to set the industry – and global trade – on the right course for decarbonisation. Green Shipping Corridors are becoming increasingly fashionable as ways of generating activity to decarbonise particular shipping routes. They can be used to engender co-operation between nation states, port authorities, ship owners
- [The backlash begins](https://ship.energy/industry-insights/the-backlash-begins/): Mark Williams reflects on the discussions that took place at this year’s London International Shipping Week. While there was positivity about shipping’s decarbonisation, there was also a groundswell of opinion that much of the ambition for a switch to cleaner fuels is not being followed through into action. London International Shipping Week, which celebrate its
- [In the fast lane](https://ship.energy/industry-insights/in-the-fast-lane/): There's much talk about the need to accelerate shipping’s energy transition but, as Mark Williams writes, the pace of change that is needed to hit decarbonisation targets has to be ramped up significantly – there is simply no time to lose We need to go x5 I’ve been reading Five Times Faster, a Financial Times
- [LR retrofit report highlights yard capability shortfall in energy transition ](https://ship.energy/industry-insights/lr-retrofit-report-highlights-yard-capability-shortfall-in-energy-transition/): Lloyd’s Register’s new Engine Retrofit Report has found that a shortage of repair yards with conversion capabilities could limit the uptake of alternative fuel technology by the existing fleet. The report has identified that retrofitting a significant number of the 9,000 and 12,900 large merchant vessels estimated to be part of the global fleet in
- [LR: Tech readiness for decarbonisation gathers pace – but barriers to take up remain](https://ship.energy/industry-insights/lr-tech-readiness-for-decarbonisation-gathers-pace-but-barriers-to-take-up-remain/): Lloyd’s Register’s (LR) Maritime Decarbonisation Hub has identified progress in technology development across fuel supply chains but says that the barriers for investment in decarbonisation ‘remain significant.’ The Hub’s update of its Zero Carbon Fuel Monitor, which tracks technology, investment and community readiness of prominent alternative fuels for the maritime energy transition, indicates that technology
- [Shipping’s inflection point?](https://ship.energy/industry-insights/shippings-inflection-point/): Mark William considers what the recently agreed Euronav/Frontline may tell us about attitudes to decarbonisation. On 9 October, listed oil tanker owning company Euronav reported via a press release that, ‘its two reference shareholders, CMB NV (“CMB”) and Frontline plc/Famatown Finance Limited (“Frontline”), have reached agreement on a transaction involving the Company that puts an
- [The US hydrogen hubs – where is shipping?](https://ship.energy/industry-insights/the-us-hydrogen-hubs-where-is-shipping/): The US government has moved forward this month on its Regional Clean Hydrogen Hubs Program but, as Mark William points out, the shipping industry is conspicuously absent from funding plans. The US government has progressed its Regional Clean Hydrogen Hubs Program (H2Hubs) this month. Via the Bipartisan Infrastructure Law, $7 billion in funding will be
- [The generation gap](https://ship.energy/industry-insights/the-generation-gap/): Mark Williams looks at the current state of play in renewable electricity generation and finds that supply lags significantly behind potential demand. What needs to happen, he asks, to overcome this bottleneck which is holding back the production of the ‘green’ variants of shipping’s new fuels One of the lessons we’ve learned over the three
- [Elogen, CNRS and Université Paris-Saclay partner on green hydrogen research](https://ship.energy/industry-insights/elogen-cnrs-and-universite-paris-saclay-partner-on-green-hydrogen-research/): PEM electrolysis company Elogen, a subsidiary of GTT, CNRS and Université Paris-Saclay have signed a partnership agreement to set up a joint research laboratory to facilitate ‘industrial-scale production of green hydrogen.’ With the creation of a joint laboratory, Elogen, Université Paris-Saclay and CNRS aim to improve current proton exchange membrane (PEM) electrolysis processes and explore
- [Common ground?](https://ship.energy/industry-insights/common-ground/): Shipping stakeholders are increasingly taking a collaborative approach to advance the industry’s energy transition, but it is partnerships at country level that will really lead and accelerate decarbonisation on a global scale. With COP 28 on the horizon, Mark Williams looks at the prospects for collaboration for the world’s top greenhouse gas emitters – the
- [ICS and IBIA team up on ‘simplified’ GHG fuel standard](https://ship.energy/industry-insights/ics-and-ibia-team-up-on-simplified-ghg-fuel-standard/): The International Chamber of Shipping (ICS) and the International Bunker Industry Association (IBIA) are submitting a proposal to the International Maritime Organization (IMO) for a simplified Global Greenhouse Gas Fuel Standard which would provide for a streamlined voluntary ‘energy pooling compliance mechanism’ should fuel producers be unable to supply new marine fuels in sufficient quantities.
- [Third annual container shipping alternative fuels survey](https://ship.energy/industry-insights/third-annual-container-shipping-alternative-fuels-survey/): The third edition of our annual container shipping alternative fuels survey once again canvassed the opinions of maritime stakeholders about liner shipping’s energy transition and, as contributing editor Mark Williams reports, there have been some interesting shifts in viewpoints since 2022. We ran this survey for six weeks from 01 October to 14 November 2023,
- [EDF, LR and Arup launch tool to assess ports’ potential to supply e-fuels](https://ship.energy/industry-insights/edf-lr-and-arup-launch-tool-to-assess-ports-potential-to-supply-e-fuels/): Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, have today (28 November) launched the Sustainable First Movers Initiative Identification Tool which will score a port’s potential to produce and bunker electrofuels while delivering local environmental and community benefits which align with the Paris Agreement’s 1.5 degrees Celsius target.
- [New collaborative project will tackle workforce skills gap in shipping’s energy transition](https://ship.energy/industry-insights/new-collaborative-project-will-tackle-workforce-skills-gap-in-shippings-energy-transition/): Research commissioned by the Maritime Just Transition Task Force has highlighted that 800,000 seafarers may require additional training by the mid-2030s in order to operate vessels running on alternative fuels. The new Maritime Just Transition Task Force training initiative, which will be announced at COP 28 which is getting underway today in Dubai, will equip
- [Maritime is falling short in ESG credibility, finds new report](https://ship.energy/industry-insights/maritime-is-falling-short-in-esg-credibility-finds-new-report/): A new study from sustainability and communication consultancy Woodrow suggests that 64% of senior finance professionals are considering divesting from, or reducing exposure to, the maritime sector due to perceived ESG risks. The study, Capital Perspectives: Navigating ESG risks in the Maritime Sector, canvassed the views of 100 senior capital market leaders with direct exposure
- [Wishing won’t make it so](https://ship.energy/industry-insights/wishing-wont-make-it-so/): Can shipping decarbonise? Climate experts and bodies such as shipping’s global regulator, the International Maritime Organization, tell us that it must, but the industry’s ability to reduce its GHG emissions depends on factors that are way beyond a ‘simple’ choice between ammonia, methanol or hydrogen-fuelled newbuilds. As COP 28 opens for business, Mark Williams offers
- [Maritime Carbon Solutions launches Emissions Estimator](https://ship.energy/industry-insights/maritime-carbon-solutions-launches-emissions-estimator/): Maritime Carbon Solutions (MCS), a joint venture between maritime software firm OrbitMI and broker Ifchor Galbraiths, has developed the Emissions Estimator tool which delivers estimated CO2 emissions on a range of routes, showing both EU Emissions Trading System (ETS) cost exposure and the impact on the IMO’s Carbon Intensity Indicator (CII). The Emissions Estimator tool
- [Decarbonisation initiative focuses on ‘critical role’ of regional energy hubs](https://ship.energy/industry-insights/decarbonisation-initiative-focuses-on-critical-role-of-regional-energy-hubs/): The NextGEN Connect-Green Voyage2050 Project, a collaboration between Singapore, Norway and the International Maritime Organization (IMO), has highlighted the key role of regional energy hubs in helping to connect large demand clusters and remote locations with regional fuel supply sources. The findings were set out in the Lloyd’s Register Maritime Decarbonisation Hub (LR MDH) report
- [BIMCO adopts four ETS clauses](https://ship.energy/industry-insights/bimco-adopts-four-ets-clauses/): BIMCO’s Documentary Committee has adopted a new Emissions Trading Scheme (ETS) Allowances Clause for BIMCO’s ship management agreement, SHIPMAN, and three ETS clauses for Voyage Charter Parties. Announcing the publication of the clauses today (8 December), BIMCO said the clauses ‘aim to facilitate collaboration and provide clarity and certainty between parties as new regulations come
- [Get your ducks in a row](https://ship.energy/industry-insights/get-your-ducks-in-a-row/): The European Union (EU) Emissions Trading System absorbs shipping from 1 January 2024. Ship owners have to report their CO2 emissions from every voyage within, into or out of the EU. They then have to buy carbon allowances to offset those emissions. Sounds simple enough, but as Mark Williams explains, there remain numerous complications and
- [Rystad Energy joins Copenhagen decarbonisation hub](https://ship.energy/industry-insights/rystad-energy-joins-copenhagen-decarbonisation-hub/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and Rystad Energy signed a Knowledge Partnership Agreement today (15 December). As an independent energy research and business intelligence company that tracks and analyzes global energy flows, Rystad Energy will support the Center insights on the global energy transition. Welcoming Rystad Energy to the partner network,
- [AI sustainable shipping project secures NOK 44 million in government funding](https://ship.energy/industry-insights/ai-sustainable-shipping-project-secures-nok-44-million-in-government-funding/): A new project, GASS, led by NAVTOR, and with six other Norwegian research, innovation and industry partners, has been awarded NOK 44 million to develop new commercial AI-enhanced technology and services to optimise the energy usage of vessels and ships. Norwegian Minister of Trade and Industry Jan Christian Vestre revealed today (15 December) that Green
- [Clarksons: Future optionality over fuel choice gaining traction](https://ship.energy/industry-insights/clarksons-future-optionality-over-fuel-choice-gaining-traction/): In its new edition of its Green Technology Tracker, which reviews full year data for 2023, Clarksons highlights that there are now 444 LNG-ready ships in the global fleet and 135 on the order book, while 249 ammonia-ready, 247 methanol-ready and 14 hydrogen-ready vessels are also on order. According to Clarksons, in 2023, 539 units
- [New research could speed up the process of turning waste cooking oil into biofuel](https://ship.energy/industry-insights/new-research-could-speed-up-the-process-of-turning-waste-cooking-oil-into-biofuel/): Researchers at De Montfort University Leicester (DMU) in the UK have pioneered a new manufacturing process which they say could make the creation of biofuel from waste cooking oil faster and more efficient. Professor Katherine Huddersman, Dr Rawaz Ahmed, Saana Rashid, and Ketan Ruperalia, all based in a team of experts from DMU’s Faculty of
- [Grieg Green takes majority stake in Danish lifecycle analysis firm](https://ship.energy/industry-insights/grieg-green-takes-majority-stake-in-danish-lifecycle-analysis-firm/): Norwegian ship recycling expert Grieg Green, part of the Grieg Maritime Group, has acquired a majority stake in Danish ReFlow, a lifecycle analysis provider with a focus on the maritime sector. ReFlow has developed a digital platform to document products’ carbon footprint, from raw material and equipment procurement and design via fuel choices for vessels,
- [Powering ahead](https://ship.energy/industry-insights/powering-ahead/): To herald in the New Year, Mark Williams reviews the global newbuild orderbook for 2023 and finds that a growing number of shipowners are now out of the blocks and firmly in the decarbonisation race. According to SEAWEB, the industry newbuilding database, a total of 2,270 newbuildings were ordered in 2023, after 2,916 in 2022
- [Shipping’s chokepoints bring environmental costs for shipping](https://ship.energy/industry-insights/shippings-chokepoints-bring-environmental-costs-for-shipping/): In the wake of the recent US and UK military action against Houthi positions in Yemen, Mark Williams reflects that conflict is spreading, leading to inefficiencies in global supply chains and short-term increases in emissions from those supply chains. Shipping will have a cost to bear, he cautions, and to pass on to all of
- [Industry-first Sustainable Marine Fuel Confidence Index identifies ‘here and now’ gaps and challenges in evolution of new shipping fuels](https://ship.energy/industry-insights/industry-first-sustainable-marine-fuel-confidence-index-identifies-here-and-now-gaps-and-challenges-in-evolution-of-new-shipping-fuels/): The Sustainable Marine Fuel Confidence Index (SMF Confidence Index), launched today (18 January), captures a ‘moment in time’ view of how confident shipping and marine fuel industry stakeholders are that the key components required for maritime’s energy transition, such as technology and infrastructure, are already in place. There’s no shortage of reports, analysis and opinion
- [Transfer window](https://ship.energy/industry-insights/transfer-window/): Mark Williams offers some further insights on who will end up paying for the EU emissions trading system (ETS). Now that ship owners are liable to buy EU carbon allowances (EUAs) for 40% of 50% of their CO2 emissions on voyages into or out of the EU, they need to have a process to pass
- [New LR report focuses on compliance strategies for new EU regulations](https://ship.energy/industry-insights/new-lr-report-focuses-on-compliance-strategies-for-new-eu-regulations/): A new study from Lloyd’s Register, ‘Shipping and Fit for 55’, highlights that the deployment of efficient vessels along specific routes, in combination with ‘educated’ fuel and technology choices will be key to navigating the FuelEU Maritime and EU Emissions Trading System (ETS) regulations. The report found that ensuring efficient vessels are routed to trades
- [SEA-LNG takes issue with ICCT’s FUMES study](https://ship.energy/industry-insights/sea-lng-takes-issue-with-iccts-fumes-study/): In its response to the International Council on Clean Transportation’s (ICCT) new study on methane emissions from ships, SEA-LNG says the report ‘risks misleading regulators and industry’ and while its analysis is innovative, it ‘suffers from a range of significant methodological limitations.’ As previously reported, one element of the Fugitive and Unburned Methane Emissions from
- [The money tree](https://ship.energy/industry-insights/the-money-tree/): Investment in low and zero vessels and technology continues to evolve. Here, Mark Williams, explains that there is more to sustainable shipping finance than the Poseidon Principles Since Michael Parker of Citi and the Rocky Mountain Institute launched the Poseidon Principles back in 2019, the roll call of members has nearly tripled to 34 banks
- [On the right track](https://ship.energy/industry-insights/on-the-right-track/): Mark Williams takes a closer look at the Science Based Targets Initiative and the companies that have aligned themselves with its decarbonisation pathway. The Science Based Targets Initiative (SBTi) is one of the more prominent NGOs which seeks to drive climate action in the private sector by, as it says, ‘enabling organisations to set science-based
- [Clean Arctic Alliance calls on IMO to act on black carbon emissions](https://ship.energy/industry-insights/clean-arctic-alliance-calls-on-imo-to-act-on-black-carbon-emissions/): As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 11) opens today in London, the Clean Arctic Alliance is calling on the IMO to make a commitment to develop mandatory regulations to reduce the impact of black carbon emissions on the Arctic. During this week’s sessions, the IMO
- [BV report highlights effectiveness of implementing vessel operational and technical efficiency measures](https://ship.energy/industry-insights/bv-report-highlights-effectiveness-of-implementing-vessel-operational-and-technical-efficiency-measures/): New modelling research by Bureau Veritas has indicated potential ‘hefty cumulative impact’ of operational and technical efficiency measures in keeping shipping within its ‘carbon budget’ to 2050. The report, titled Decarbonization Trajectories, examines possible decarbonisation pathways for the shipping industry through five distinct scenarios. Each scenario considers several parameters such as socio-economic forecasts for the
- [ECSA sets out policy priorities for next five years](https://ship.energy/industry-insights/ecsa-sets-out-policy-priorities-for-next-five-years/): The European Community Shipowners’ Associations (ECSA) says its policy priorities across 2024-2029 will be the climate and energy transition, a people-centred green and digital transition, ship finance and competitiveness, and trade. Sotiris Raptis, ECSA’s Secretary General, commented on these four pillars of policy: ‘Shipping has been a European success story amid growing geopolitical instability. It
- [Follow the leader](https://ship.energy/industry-insights/follow-the-leader/): Recent ‘big speeches’ from global political leaders have included little cheer for the climate-anxious. Mark Williams takes a closer look at what is underpinning the messaging. Even London’s Financial Times is carrying the news now, affirming what everyone in the Northern hemisphere felt already – it has been a remarkably mild winter, so mild in
- [CLIA contracts RINA to carry out global investment plan study](https://ship.energy/industry-insights/clia-contracts-rina-to-carry-out-global-investment-plan-study/): Cruise Lines International Association (CLIA) has tasked RINA with carrying out a global investment plan study which will look at the cruise sector’s energy requirements, infrastructure and regulations, with foresight scenarios extending to 2050. There are currently 55 cruise ships on order, representing an investment of €33.9 billion ($37.1 billion) globally for the next five
- [Low port readiness ‘bottlenecking’ adoption of OCCS systems](https://ship.energy/industry-insights/low-port-readiness-bottlenecking-adoption-of-occs-systems/): While mature technologies are available for offloading CO2 captured onboard vessels, a study commissioned by the Global Centre for Maritime Decarbonisation (GCMD), in collaboration with Lloyd’s Register and ARUP, indicates that the skills and operations needed portside are not yet in place. The report, titled ‘Concept study to offload onboard captured CO₂,’ found that while
- [LR report looks at factors impacting ammonia’s uptake as a marine fuel](https://ship.energy/industry-insights/lr-report-looks-at-factors-impacting-ammonias-uptake-as-a-marine-fuel/): A new Lloyd’s Register report finds that the technology for ammonia as a bunker fuel is developing quickly but gaps in the regulatory framework around its use need to be addressed as do the challenges surrounding the production and supply of zero or near-zero emissions ammonia. The report, 'Fuel for thought: Ammonia', says that by
- [Sustainable bunker fuels could reach cost parity with fossil fuels by 2035, says Wärtsilä](https://ship.energy/industry-insights/sustainable-bunker-fuels-could-reach-cost-parity-with-fossil-fuels-by-2035-says-wartsila/): A new report published today by Wärtsilä finds that the cost of sustainable marine fuels could align with the price of conventional bunker fuels as early as 2035 with the support of ‘decisive emissions policy’, such as carbon taxes and emissions limits. The report, titled ‘Sustainable fuels for shipping by 2050 – the 3 key
- [Safety study highlights challenges in tackling onboard methanol-based fires](https://ship.energy/industry-insights/safety-study-highlights-challenges-in-tackling-onboard-methanol-based-fires/): A new fire safety study by Survitec finds that existing fire-fighting methods used to extinguish machinery space spray and pool fires on conventionally fuelled vessels may not be fit for purpose when dealing with methanol-based fires. The study’s conclusions follow comparative fire tests on dual-fuel marine engines using diesel oil and methanol. ‘Our tests confirm
- [Looking over the edge...](https://ship.energy/industry-insights/looking-over-the-edge/): Mark Williams considers what the working capital requirements for the EU ETS might be, and the numbers are daunting. Can we decarbonise faster than carbon allowance prices rise? In its most recent annual report, Shell informs us not only of the best profits in more than a century of operations, but also of an increasing
- [Maersk’s Bergulf sees positive signals in MEPC 81 outcomes](https://ship.energy/industry-insights/maersks-bergulf-sees-positive-signals-in-mepc-81-outcomes/): As this week’s meeting of MEPC 81 draws to a close, Simon Bergulf, Group Representative Europe, Public and Regulatory Affairs at A.P. Møller - Mærsk and the company’s Head of Energy Transition and Operations, has welcomed ‘the establishment of a framework aimed at steering the IMO towards zero emissions.’ In a social media post, Bergulf said
- [Many shipping companies still playing catch-up on EU ETS strategies, says OceanScore](https://ship.energy/industry-insights/many-shipping-companies-still-playing-catch-up-on-eu-ets-strategies-says-oceanscore/): The EU Emissions Trading System (ETS) regulation came into force for shipping at the start of 2024, but Hamburg-based maritime technology firm OceanScore says that many industry players are still struggling to come to terms with key issues around compliance, including demarcation of responsibility, EU Allowances buying and accounting, charter party terms and data management.
- [A tale of FAME and fortune?](https://ship.energy/industry-insights/a-tale-of-fame-and-fortune/): The tanker market is currently riding high – and the order book for this segment is similarly buoyant. Mark Williams looks at the factors behind this ‘purple patch’ for tankers and suggests that the burgeoning biofuel sector may also have a part to play. 2024 to date has been the best first quarter for oil
- [NEMO reveals membership line-up](https://ship.energy/industry-insights/nemo-reveals-membership-line-up/): More details have been released about the founding members of Nuclear Energy Maritime Organization (NEMO), which has been established to support nuclear and maritime regulators in the development of standards and rules for the deployment, operation and decommissioning of floating nuclear power. In early March, shipenergy.local reported on the creation of NEMO, and now further
- [New report offers blueprint for ports’ key engagement in alternative fuel supply](https://ship.energy/industry-insights/new-report-offers-blueprint-for-ports-key-engagement-in-alternative-fuel-supply/): The Global Maritime Forum and RMI (founded as the Rocky Mountain Institute) have today (15 April) released a report outlining strategies for ports to become first movers in providing green methanol and ammonia bunkering by 2030. The report, titled Oceans of Opportunity, finds that the low cost of transporting green methanol and ammonia, which are
- [GoodShipping launches Decarb Desk](https://ship.energy/industry-insights/goodshipping-launches-decarb-desk/): GoodShipping, the carbon insetting brand of FincoEnergies, has established the Decarb Desk digital platform which allows cargo owners and freight forwarders to manage their carbon insetting processes. The Decarb Desk enables the calculation of transportation emissions and tracks the creation and journey of each inset reduction, ensuring each claim is backed by verified, traceable credits.
- [Ocean Technologies Group launches e-learning module on ammonia fuel safety](https://ship.energy/industry-insights/ocean-technologies-group-launches-e-learning-module-on-ammonia-fuel-safety/): Ocean Technologies Group (OTG) has developed an e-learning module to inform seafarers about the handling, storage and safety precautions required onboard ammonia fuelled vessels. Ahead of the IMO producing interim guidelines in September 2024, OTG has engaged with working groups such as The Nautical Institute and those formed as part of the Just Transition Task
- [IWSA launches small vessel propulsion survey](https://ship.energy/industry-insights/iwsa-launches-small-vessel-propulsion-survey/): The International Windship Association (IWSA) invites maritime stakeholders to participate in a survey with the aim of gaining a deep understanding of the drivers and barriers to upscaling the use of wind energy on smaller vessel types. IWSA also noted that by surveying the industry and disseminating gathered insights from vessel operators’ and cargo owners’
- [Danish decarbonisation hub onboards four academic partners](https://ship.energy/industry-insights/danish-decarbonisation-hub-onboards-four-academic-partners/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has introduced a new partnership category and has signed up four new academic partners: University of Michigan, Maritime Research Alliance, Norwegian University of Science and Technology and World Maritime University. The Centre said that the introduction of academic partners marks a strategic expansion of its partnership
- [Three in a row - the annual bulk carrier alternative fuels survey](https://ship.energy/industry-insights/three-in-a-row-the-annual-bulk-carrier-alternative-fuels-survey/): As we launch our third annual bulk carrier alternative fuels survey, Mark Williams offers a snapshot of recent alternative fuelled order activity in this segment. In 2022 we launched our first Bulk Carrier Alternative Fuels Survey, and the results of the first survey are available to read here and of the second survey, here: We
- [Wake up call!](https://ship.energy/industry-insights/wake-up-call/): Supplies of low and zero carbon fuel are severely lagging where they need to be if hard to abate sectors like shipping and aviation are to meet mid-century emissions targets. Mark Williams looks at the size of the hydrogen production ‘gap’. In April this year, I wrote about the rise in global hydrogen production and
- [Poseidon Principles for Marine Insurance lifts ambitions for climate agenda](https://ship.energy/industry-insights/poseidon-principles-for-marine-insurance-lifts-ambitions-for-climate-agenda/): At its annual meeting in Oslo, hosted by Gard, members of the Poseidon Principles for Marine Insurance unanimously agreed to adopt a new trajectory on climate change, aligning with the IMO’s 2023 revised greenhouse gas emissions strategy which includes a call to reach net-zero emissions by or around 2050. The outcomes of the meeting on
- [New well-to-wake study finds ammonia can cut shipping GHG emissions by up to 61%](https://ship.energy/industry-insights/new-well-to-wake-study-finds-ammonia-can-cut-shipping-ghg-emissions-by-up-to-61/): The first lifecycle greenhouse gas (GHG) emission study on the use of ammonia as a marine fuel, undertaken by Sphera and commissioned by the Society for Gas as a Marine Fuel (SGMF), indicates that ammonia can ‘beyond question’ contribute significantly to the IMO’s GHG reduction targets. The new report uses the latest primary data to
- [Sea Cargo Charter report shows ‘high number’ of charterers misaligned with new IMO climate targets](https://ship.energy/industry-insights/sea-cargo-charter-report-shows-high-number-of-charterers-misaligned-with-new-imo-climate-targets/): While the reporting goal posts have been changed in the Sea Cargo Charter’s third annual disclosure report – with signatories now measuring the climate alignment of their chartering activities last year against the IMO’s 2023 revised greenhouse emissions ambition and assessments now based on well-to-wake emissions – only two out of thirty-five companies (Navig8 and
- [The carbon capture conundrum](https://ship.energy/industry-insights/the-carbon-capture-conundrum/): Carbon capture and storage is increasingly part of the decarbonisation conversation, but it comes with its own set of technological and economic challenges and, as Mark Williams discusses, is it actually diverting attention away from the real issues at hand? In May, I was honoured to be invited to address the INTERTANKO annual summit on
- [ABL to undertake study on Maldives’ maritime energy transition](https://ship.energy/industry-insights/abl-to-undertake-study-on-maldives-maritime-energy-transition/): Energy and marine consultancy ABL, part of the Olslo-listed ABL Group, has been commissioned by the World Bank to carry out a nation level study on the strategy and regulatory framework required for the decarbonisation of the maritime sector of the Maldives. Other key partners on the study include the Maldives Port Limited (MPL), finance
- [New report highlights potential for ‘readily available’ LPG for low carbon propulsion](https://ship.energy/industry-insights/new-report-highlights-potential-for-readily-available-lpg-for-low-carbon-propulsion/): A joint report from Lloyd’s Register (LR) and the World Liquid Gas Association (WLGA) suggests that the market for dual fuel LPG engines will continue to grow, with LPG offering a ‘cleaner, lower carbon emission marine energy source than many alternatives currently available.’ According to the report, Fuel for Thought: LPG, the use of LPG
- [Outer limits](https://ship.energy/industry-insights/outer-limits/): The global economy faces a challenge to produce enough methanol, ammonia or hydrogen fuel cells to replace the energy that shipping currently sources from fossil fuels. Beyond 2050, what other alternatives might come into play? Watching the wheels Biofuels have been touted as an alternative pathway, but much of the world’s biofuel production is aimed
- [The Push-Me Pull-You Path to Net Zero](https://ship.energy/industry-insights/the-push-me-pull-you-path-to-net-zero/): While some organisations and nations backslide on decarbonisation commitments, others press ahead in an increasingly complex energy market. Wrong way Fossil fuel use reached a new record high in 2023, increasing by 1.5% to 505 exajoules - the equivalent of 12.1 billion tonnes of oil or 17.2 billion tonnes of coal. This pushed CO2 emissions
- [Final call for the ship.energy Bulk Carrier Alternative Fuels Survey](https://ship.energy/industry-insights/final-call-for-the-ship-energy-bulk-carrier-alternative-fuels-survey-2/): We are closing the doors soon on our third Bulk Carrier Alternative Fuels Survey, so please submit your answers to a short list of questions by 30 June. In 2022 we launched our first Bulk Carrier Alternative Fuels Survey, and the results of the first survey are available to read here and of the second survey, here: In
- [Final call for the shipenergy.local Bulk Carrier Alternative Fuels Survey](https://ship.energy/industry-insights/final-call-for-the-ship-energy-bulk-carrier-alternative-fuels-survey/): We are closing the doors soon on our third Bulk Carrier Alternative Fuels Survey, so please submit your answers to a short list of questions by 30 June. In 2022 we launched our first Bulk Carrier Alternative Fuels Survey, and the results of the first survey are available to read here and of the second survey, here: In
- [MoU agreed on ambitious UK hydrogen infrastructure feasibility project](https://ship.energy/industry-insights/mou-agreed-on-ambitious-uk-hydrogen-infrastructure-feasibility-project/): Lloyd’s Register, H2Terminals Limited and supply chain partners, HiDROGEN and D3IM have signed a Memorandum of Understanding (MoU) to assess the feasibility of a green hydrogen (H2) offshore project which would supply power to industries along the Thames Estuary. The project partners will work on issues such as floating production and transport of H2 and
- [Delivering on ambition](https://ship.energy/industry-insights/delivering-on-ambition/): Following India’s recent elections, the country continues to roll out its renewable energy plans, as part of prime minister Modi’s ambition for “Atmanirbharta” – a self-sufficiency strategy for India to become more resilient in areas such as energy, public health and national security. There is criticism within India that Atmanirbharta is little more than a
- [Proceed with caution](https://ship.energy/industry-insights/proceed-with-caution/): Mark Williams reviews the global vessel orderbook for Q2 this year and suggests that, by and large, when it comes to making decisions about newbuilds operating on new fuels owners are still keeping their power dry According to industry database SEAWEB, 423 vessels were ordered in Q2 this year, compared to 699 in Q1. With
- [Bulk buy-in?](https://ship.energy/industry-insights/bulk-buy-in/): The results of ship.energy’s third annual bulk carrier decarbonisation survey are in – and they show some interesting shifts of opinion on how this particular vessel segment is responding to decarbonisation ‘pressures’. Mark Williams suggests that a degree of uncertainty – or even cynicism – may be creeping into this sector’s view of policy as
- [GCMD flags up forthcoming ammonia release ERP](https://ship.energy/industry-insights/gcmd-flags-up-forthcoming-ammonia-release-erp-2/): The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) says it working on an emergency response plan to be used in the event of an ammonia release and this should be available in Q4 this year. The GCMD notes that existing ERPs for oil and chemical spills can provide ‘a valuable foundation’ for an ammonia marine
- [Navigating Green Seas: SGMF and the transition to maritime net zero](https://ship.energy/industry-insights/navigating-green-seas-sgmf-and-the-transition-to-maritime-net-zero/): Can shipping achieve net zero? And, crucially, how can this be done safely and sustainably? Gianpaolo Bendetti, SGMF’s Principal Advisor - Energy Transition & Regulatory Affairs, examines these key questions. In the Society for Gas as a Marine Fuel's (SGMF) work on low and zero carbon marine fuels, we’ve been examining every aspect of their
- [EC launches Ship Financing Portal](https://ship.energy/industry-insights/ec-launches-ship-financing-portal-2/): The European Commission’s Directorate-General for Mobility and Transport has launched an online platform detailing available financial tools which can support fleet renewal and retrofitting as part of the maritime sector’s green transition. Announcing this new resource, the EC said it is intended to address the lack of available information on financing opportunities. The portal centralises
- [WSC submits Green Balance Mechanism concept for IMO review](https://ship.energy/industry-insights/wsc-submits-green-balance-mechanism-concept-for-imo-review-2/): The World Shipping Council (WSC) has submitted a proposal for its Green Balance Mechanism – which aims to bridge the price gap between fossil and ‘green’ marine fuels – for consideration at the International Maritime Organzation’s (IMO) ISWG-GHG 17 and MEPC 82 meetings. The proposal includes design updates and regulatory text for the Mechanism. Fully
- [Petrospot rebrands as ship.energy as part of new growth strategy](https://ship.energy/industry-insights/petrospot-rebrands-as-ship-energy-as-part-of-new-growth-strategy/): After 21 years of delivering top-level information, training and conferences to the global marine fuels and shipping sectors, we are saying ‘goodbye and thank you’ to the Petrospot name and bringing our services and solutions together under the ship.energy brand. The ship.energy news platform was established in 2020 and quickly established itself as a ‘first
- [Ocean Technologies Group launches e-learning course for methanol](https://ship.energy/industry-insights/ocean-technologies-group-launches-e-learning-course-for-methanol-2/): Ocean Technologies Group (OTG) has launched a new e-learning title: Methanol Fuel Safety. In a statement issued yesterday (30 July), OTG highlighted that ‘recent data indicates methanol has overtaken liquified natural gas (LNG) as the preferred alternative fuel for new ships in 2023.’ Accordingly, OTG says it has developed the new e-learning title in recognition of
- [Good vibrations in California](https://ship.energy/industry-insights/good-vibrations-in-california/): While there may be sunny times in prospect for hydrogen production in California, the outlook is distinctly gloomier across the pond in the UK. The United States launched its National Clean Hydrogen Strategy and Roadmap in June last year. Since then, progress has been made on a number of different programmes. In July this year,
- [T&E’s ‘Cruisezilla’ report highlights environmental impact of mega cruise ships](https://ship.energy/industry-insights/tes-cruisezilla-report-highlights-environmental-impact-of-mega-cruise-ships-2/): An increase in the size and number of cruise ships has led to a 20% increase in CO2 emissions from this vessel segment in Europea between 2019 and 2022, says a new report from Belgium-based NGO Transport & Environment. The study notes that the largest cruise ships in operation today are twice as big as
- [Product tanker contracting hits 18-Year high](https://ship.energy/industry-insights/product-tanker-contracting-hits-18-year-high-2/): Product tanker contracting has surged to its highest level since 2006, with 194 vessels over 10,000 deadweight tonnes (DWT) ordered in the first seven months of 2024, according to a report by BIMCO. These new contracts, totalling 13.3 million DWT, represent a 17% increase from last year and place 2024 as the second-highest year on
- [ICS report on hydrogen demand indicates ‘tremendous volatility, increasing uncertainty’ for businesses and investors](https://ship.energy/industry-insights/ics-report-on-hydrogen-demand-indicates-tremendous-volatility-increasing-uncertainty-for-businesses-and-investors-2/): The International Chamber for Shipping (ICS) has published a new report which identifies hydrogen demand sectors and locations and also highlights that it will be industry, not transport, that will dominate demand for this energy source by 2050 The report, ‘Turning hydrogen demand into reality: Which sectors come first?’ has been written by Dr Stefan
- [ClassNK publishes ammonia leak frequency estimates](https://ship.energy/industry-insights/classnk-publishes-ammonia-leak-frequency-estimates-2/): ClassNK has published estimated leak frequencies of ammonia fuel from onboard components for ammonia-fuelled ships which can be used for risk assessment exercises. The design of an ammonia-fuelled ship incorporates a risk assessment which will consider the probability of an ammonia leak from each component onboard the ship. However, ClassNK points that that statistical data
- [Opsealog and Azule Energy partner on OSV fleet digitalisation contract](https://ship.energy/industry-insights/opsealog-and-azule-energy-partner-on-osv-fleet-digitalisation-contract-2/): Opsealog, a provider of data integration and analysis services for the maritime and offshore industry, has been awarded a two-year contract with Azule Energy, Angola’s largest independent energy company, to reduce fuel consumption and greenhouse gas (GHG) emissions from its Offshore Supply Vessel (OSV) fleet. The digitalisation project will help to reduce GHG emissions from
- [Construction of world’s largest electric ferry reaches major milestone](https://ship.energy/industry-insights/construction-of-worlds-largest-electric-ferry-reaches-major-milestone-2/): Incat Tasmania has achieved a key milestone in the construction of the world’s largest electric ferry, as the final passenger deck module was successfully lifted into place, marking the vessel's structural completion. The construction of the ferry, currently designated Hull 096, included the front superstructure, the most technically challenging module the company has ever lifted,
- [ORIX and Sumitomo Heavy Industries to study viability of wind-powered bulkers](https://ship.energy/industry-insights/orix-and-sumitomo-heavy-industries-to-study-viability-of-wind-powered-bulkers-2/): A feasibility study has been launched by ORIX Corporation and Sumitomo Heavy Industries Marine & Engineering (SHI-ME) to explore the potential of wind power as an energy-saving solution for bulk carrier operations. The project aims to reduce fuel consumption and lower CO2 emissions by integrating wind-assisted propulsion technology on one of ORIX’s bulk carriers. The
- [Amasus signs second contract with bound4blue for 'world’s largest' suction sails](https://ship.energy/industry-insights/amasus-signs-second-contract-with-bound4blue-for-worlds-largest-suction-sails-2/): Amasus Shipping has signed a second contract with Bound4Blue to install the world’s largest suction sail system on a general cargo vessel. The 22-metre eSAIL will be retrofitted on a 90-metre, 3,000 dwt vessel at Astander Shipyard, Santander, in mid-2025. The contract builds on the success of the Eems Traveller, which has been sailing with
- [Startup Hypermotive brings new hydrogen solutions to maritime sector](https://ship.energy/industry-insights/startup-hypermotive-brings-new-hydrogen-solutions-to-maritime-sector-2/): Hypermotive, a startup specialising in hydrogen fuel cell technology, is planning to expand its focus into the maritime industry, particularly with its X-M1 hydrogen power system, developed in collaboration with Honda. Jonathan Brown, Strategic Director at Hypermotive, confirmed that the company is actively seeking partnerships to deploy its systems for vessels. An ideal first step
- [RINA Wind Propulsion conference brings together industry leaders at key turning point](https://ship.energy/industry-insights/rina-wind-propulsion-conference-brings-together-industry-leaders-at-key-turning-point-2/): Day one of the RINA Wind Propulsion 2024 conference featured key insights from experts at the forefront of wind propulsion technologies. As decarbonisation pressures mount, wind propulsion is rapidly emerging as a significant contributor to the shipping industry’s net-zero goals. Speakers from industry organisations underscored both the potential and the challenges of adopting wind propulsion
- [Wind propulsion could fund shipping’s energy transition by 2050, says Gavin Allwright](https://ship.energy/industry-insights/wind-propulsion-could-fund-shippings-energy-transition-by-2050-says-gavin-allwright-2/): At the RINA Wind Propulsion conference in October 2024, Gavin Allwright, Secretary-General of the International Windship Association (IWSA), delivered a bold keynote speech on the future of wind propulsion and its potential role in the decarbonisation of the shipping industry. Allwright argued that wind propulsion, if adopted fleet-wide by 2030, could not only drive fuel
- [UN report calls for rapid decarbonisation of shipping to meet climate targets](https://ship.energy/industry-insights/un-report-calls-for-rapid-decarbonisation-of-shipping-to-meet-climate-targets-2/): The 2024 Emissions Gap Report, released by the United Nations Environment Programme (UNEP), has called for a swift and substantial reduction in greenhouse gas emissions from the global shipping industry to support international climate goals. Given the sector’s significant contribution to global emissions, the report urges a transformation in the energy sources powering ships, with
- [DRIFT Energy unveils hydrofoil vessel for green hydrogen production](https://ship.energy/industry-insights/drift-energy-unveils-hydrofoil-vessel-for-green-hydrogen-production/): British startup DRIFT Energy has unveiled a new hydrofoil vessel at the FII8 investment conference in Riyadh, designed specifically to generate green hydrogen at sea. The vessel, a scaled demonstrator model, harnesses wind energy as it navigates trade routes, converting it into hydrogen through on-board electrolysers. DRIFT Energy’s vessel leverages hydrofoil technology to lift it
- [MacGregor launches carbon calculator for container ships](https://ship.energy/industry-insights/macgregor-launches-carbon-calculator-for-container-ships-2/): MacGregor, part of Cargotec, has launched a free of charge digital Carbon Calculator to help container shipping companies estimate the carbon dioxide emissions that could be eliminated by upgrading onboard container cargo systems with MacGregor Cargo Boost. According to MacGregor, by maximising container-carrying capacity on board existing ships, the Cargo Boost solution has been shown
- [Klaveness to equip combination carrier with bound4blue wind-assisted propulsion](https://ship.energy/industry-insights/klaveness-to-combination-carrier-with-bound4blue-wind-assisted-propulsion/): Klaveness Combination Carriers ASA (KCC) has entered an agreement with bound4blue to equip one of its newbuild CABU III vessels with the company’s eSAIL system. The combination carrier, part of a triplet built by Jiangsu New Yangzi Shipbuilding Co. and Jiangsu Yangzi Xinfu Shipbuilding Co, will be KCC's first venture into wind-assisted propulsion. The installation
- [New DECARDIS project focusing on voyage and port call optimisation](https://ship.energy/industry-insights/new-decardis-project-focusing-on-voyage-and-port-call-optimisation-2/): The European Space Agency (ESA) is collaborating with Awake.AI, ABB and Wallenius Marine to create a sea voyage and port call optimisation solution, which will be part of the Decarbonization through the Digitalization in Shipping (DECARDIS) project. The solution will enable ships to take a ‘just in time’ approach to ports calls by adjusting their
- [Onboard safety is a ‘two-way street’, says Ardmore](https://ship.energy/industry-insights/ardmore-interview-gerry-docherty-onboard-safety-10-years-lti-free/): An open dialogue with seafarers will be essential to maintaining a robust safety culture onboard throughout the energy transition, says ship owner and operator Ardmore, adding that digital technology will play a central role in training crews as new fuels are introduced. Speaking to the ship.energy podcast as the company marked 10 years without lost
- [Council on Geostrategy launches Sea Power Laboratory to shape UK’s maritime future](https://ship.energy/industry-insights/council-on-geostrategy-launches-sea-power-laboratory-to-shape-uks-maritime-future-2/): A new initiative aimed at advancing maritime policy and strengthening the United Kingdom’s approach to sea power in a shifting geopolitical landscape has been launched by the Council on Geostrategy. The Sea Power Laboratory was official launched at a reception in London on Monday (4 November), attended by prominent figures in defence, government, and industry.
- [Houlder data expert advocates for smarter fuel efficiency strategies](https://ship.energy/industry-insights/houlder-data-expert-advocates-for-smarter-fuel-efficiency-strategies-2/): In the quest for fuel savings, slow steaming has often been heralded as a go-to approach for shipping companies aiming to cut greenhouse gas emissions. However, new research by Houlder has shown that companies may need to look at the concept in a more nuanced way. In a recent interview with ship.energy, Iebum Shin, Data
- [UECC opts for Daphne Technology’s emissions monitoring solution](https://ship.energy/industry-insights/uecc-opts-for-daphne-technologys-emissions-monitoring-solution-2/): United European Car Carriers (UECC) is to install Daphne Technology’s PureMetrics emissions monitoring system on its 2022-built Auto Aspire vehicle carrier. The PureMetrics system is expected to be operational at the beginning of 2025 and it will provide real-time emissions data for the vessels main engine and two auxiliary engines. This information will be utilised
- [Blue Visby project completes prototype trials with Marubeni](https://ship.energy/industry-insights/blue-visby-project-completes-prototype-trials-with-marubeni-2/): The Blue Visby Solution (BVS) initiative has concluded a second series of prototype trials, involving LPG tankers under charter by Marubeni Corporation across 40 voyages over a three-month period. The Blue Visby consortium is seeking to address the shipping industry practice of ‘Sail Fast, Then Wait’ (SFTW) when approaching ports for a berth. According to
- [Odfjell to deploy Syroco’s voyage optimisation tech on wind project](https://ship.energy/industry-insights/odfjell-to-deploy-syrocos-voyage-optimisation-tech-on-wind-project-2/): Odfjell will use Syroco’s weather routing platform on two chemical tankers in support of its upcoming suction sail initiative. The two tankers, the Bow Olympus and Bow Optima, are part of Odfjell’s fleet of Hudong-class chemical tankers. Built in 2019, the 183-metre vessels operate primarily on trans-Pacific routes. In early 2025, the Bow Olympus will
- [Dutch court overturns ruling against Shell in climate lawsuit brought by Milieudefensie](https://ship.energy/industry-insights/dutch-court-overturns-ruling-against-shell-in-climate-lawsuit-brought-by-milieudefensie-2/): The Dutch Court of Appeal has reversed a 2021 decision requiring Shell to significantly cut its worldwide net carbon emissions by 2030. The lawsuit, originally brought by Milieudefensie, an environmental organisation which is the Dutch branch of Friends of the Earth, along with other NGOs and private citizens, had previously set a legal precedent by
- [New ‘book and claim’ registry launched to speed up shipping’s decarbonisation](https://ship.energy/industry-insights/new-book-and-claim-registry-launched-to-speed-up-shippings-decarbonisation/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) are launching Katalist, a not-for-profit ‘book and claim’ registry. As global and regional regulations come into play to reduce carbon intensity of the maritime, Katalist is intended to accelerate this process by linking shipping companies adopting lower emission fuels
- [RINA President’s Lecture explores nuclear energy’s maritime potential](https://ship.energy/industry-insights/rina-presidents-lecture-explores-nuclear-energys-maritime-potential-2/): The Royal Institution of Naval Architects' (RINA) annual President’s Lecture has explored the commercial potential of nuclear energy for maritime applications. ship.energy attended the lecture, which took place on 13 November in London, and examined the role of nuclear power in decarbonising the shipping industry. Delivered by Jonathan Stephens, Manager, Core Design at BWX Technologies
- [Wallenius Wilhelmsen introduces multi-fuel bunker charge](https://ship.energy/industry-insights/wallenius-wilhelmsen-introduces-multi-fuel-bunker-charge-2/): Scandinavian shipping company Wallenius Wilhelmsen has launched a new bunker adjustment factor to accommodate the costs of new fuels. The so-called BAF2.0 is designed to accommodate the costs of alternative fuels as the industry transitions toward net-zero emissions by 2040. ‘In a world where the cost of the green transition is talked about everywhere, the
- [New EMSA report considers potential of shipping’s synthetic fuels](https://ship.energy/industry-insights/new-emsa-report-considers-potential-of-shippings-synthetic-fuels-2/): A European Maritime Safety Agency (EMSA) report calculates the Total Cost of Ownership for e-methanol-, e-diesel- and e-methane-powered newbuilds and finds that in 2030, a low-cost estimate could be 45-85% higher than ships running on conventional fuel oils, but these costs could flip by 2050 as e-fuel costs fall and carbon penalties increasingly come into
- [Most retailers are failing to shape future of zero-emission shipping, warns climate coalition](https://ship.energy/industry-insights/most-retailers-are-failing-to-shape-future-of-zero-emission-shipping-warns-climate-coalition-2/): Ship it Zero has published progress reports on retailers’ shipping decarbonisation strategies, and the climate and public health coalition's underlying message is that companies such as LG, Samsung and Home Depot have much work to do on improving their environmental performance before the publication of the next round of Ship It Zero Report Cards in 2025.
- [BIMCO adopts FuelEU Maritime Clause](https://ship.energy/industry-insights/bimco-adopts-fueleu-maritime-clause/): BIMCO has announced the adoption of its new FuelEU Maritime Clause for Time Charter Parties at a meeting of its Documentary Committee today (25 November). The adoption comes ahead of the entry into force of the FuelEU Maritime Regulation on 1 January next year, and the clause is intended to help maritime stakeholders align their
- [bound4blue appoints Daniel Mann as Chief Commercial Officer](https://ship.energy/industry-insights/bound4blue-appoints-daniel-mann-as-chief-commercial-officer-2/): Daniel Mann has been appointed Chief Commercial Officer (CCO) at bound4blue. In a statement issued today (26 November), bound4blue said that Mann will play a key role in accelerating its roll-out of its DNV Type Approved eSAIL. Mann has previously held senior roles at Silverstream Technologies, Rolls-Royce Marine, Siemens, and MAN Energy Solutions and has 25
- [Norden agrees sustainable fuel deal with Meta](https://ship.energy/industry-insights/norden-agrees-sustainable-fuel-deal-with-meta-2/): Danish shipping company Norden has entered into an agreement with Meta, using its book & claim system to allocate emission reductions from biofuel use to third-party customers. The system operates by burning biofuel on a Norden-operated vessel, with the associated emissions reductions transferred to Meta through a verified chain of custody, according to a press
- [Auramarine to supply hybrid fuel systems for Meriaura's EcoTrader ships](https://ship.energy/industry-insights/auramarine-to-supply-hybrid-fuel-systems-for-meriauras-ecotrader-ships-2/): Auramarine has secured an order to deliver two hybrid Diesel Fuel Oil (DFO) and Liquid Biofuel (LBO) supply systems for Finnish shipping company Meriaura. The systems will be installed on two Meriaura EcoTrader cargo ships under construction at Royal Bodewes in the Netherlands, Auramarine said in a statement yesterday (26 November). The 105-meter-long vessels, with
- [Does Sweden’s alternative fuel development risk worsening the maritime Catch-22?](https://ship.energy/industry-insights/does-swedens-alternative-fuel-development-risk-worsening-the-maritime-catch-22/): Sweden faces the irony of having a surplus of renewable fuel options, but limited access to the wider European market. GAC Sweden’s MD, Nils Igelström, says greater development and clarity is needed to prevent shipping’s energy transition stalling. Sweden is firmly positioned as a leading European developer of alternative fuels. Driven by the national ambition
- [Færder Tankers and CiP sign agreement to build ammonia-fuelled vessels](https://ship.energy/industry-insights/faerder-tankers-and-cip-sign-agreement-to-build-ammonia-fuelled-vessels-2/): A Memorandum of Understanding (MOU) has been signed between Færder Tankers Norway AS and Copenhagen Infrastructure Partners (CiP) to develop ammonia-fuelled Medium Gas Carriers (MGCs). The vessels, designed for dual-fuel ammonia operation, will feature a 50,000 cbm capacity and full ammonia bunkering capabilities, according to Færder Tankers. The project is part of CiP's broader strategy
- [Maersk names new dual-fuel methanol vessel A.P. Møller in Singapore](https://ship.energy/industry-insights/maersk-names-new-dual-fuel-methanol-vessel-a-p-moller-in-singapore-2/): Maersk unveiled its newest dual-fuel methanol container vessel, A.P. Møller, at a naming ceremony in Singapore today (28 November), celebrating the start of the vessel’s maiden voyage from Asia to Europe. The vessel is named after A.P. Moller - Maersk’s founder Arnold Peter Møller and is the ninth of 18 large dual-fuel vessels set for
- [Europe’s container ships failing to curb emissions, says transport NGO](https://ship.energy/industry-insights/europes-container-ships-failing-to-curb-emissions-says-transport-ngo-2/): Brussels-based T&E says its analysis shows that, under real life conditions, Europe’s containerships ‘pollute just as much on average as they did back in 2018.’ The new study, ‘Impact of fuel prices on energy efficiency on maritime ships’, was undertaken by CE Delft on behalf of the NGO. While the EU’s MRV data does show
- [Höegh Autoliners and Intertanko call for streamlined regulations and improved infrastructure](https://ship.energy/industry-insights/hoegh-autoliners-and-intertanko-call-for-streamlined-regulations-and-improved-infrastructure-2/): Speaking at a UN Global Compact High-Level seminar on 6 December, 2024, in London, leaders from Höegh Autoliners and Intertanko highlighted the need for better regulatory clarity and robust infrastructure to support the shipping industry’s decarbonisation efforts. The event at Trinity House was organised to launch a book by Sturla Henriksen, Special Advisor on Ocean
- [Joint study projects 100 MtPA of CO₂ shipping in Asia-Pacific by 2050](https://ship.energy/industry-insights/joint-study-projects-100-mtpa-of-co₂-shipping-in-asia-pacific-by-2050/): A new study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has highlighted shipping's role in advancing cross-border Carbon Capture, Utilisation, and Storage (CCUS) initiatives in Asia-Pacific (APAC). The study, which was released today (10 December), projects annual CO₂ shipping volumes in the region to reach 100 million tonnes per
- [TECO 2030 files for bankruptcy amid funding challenges](https://ship.energy/industry-insights/teco-2030-files-for-bankruptcy-amid-funding-challenges-2/): Norwegian maritime clean tech company TECO 2030 ASA has announced that its board of directors has unanimously decided to file for bankruptcy. The hydrogen fuel-cell manufacturer is known for developing zero-emission technology for the maritime industry and in 2021 received an AIP from DNV for its FCM400 fuel cell system. The decision follows a failed
- [Baltic Exchange introduces FuelEU Maritime calculator](https://ship.energy/industry-insights/baltic-exchange-introduces-fueleu-maritime-calculator/): The Baltic Exchange’s Emissions Calculator now includes a FuelEU Maritime tool which is intended to assist shipowners in understanding the regulation’s potential cost implications for their vessels, while also enabling operators and charterers to evaluate the charges passed through to them. The new calculator offers insights based on Baltic standard ships and standard route data.
- [UK’s Cenex signs up to the Maritime Battery Forum](https://ship.energy/industry-insights/uks-cenex-signs-up-to-the-maritime-battery-forum/): Cenex, the UK’s Centre of Excellence for Low Carbon and Fuel Cell technologies, has joined the Maritime Battery Forum. Established in 2005, Cenex focuses on low emission transport and associated energy infrastructure and operates as an independent, not-for-profit research technology organization (RTO) and consultancy. The company has been involved in multiple small-ferry electrification projects, as
- [Enova awards NOK 80 million to ammonia bunkering vessel project](https://ship.energy/industry-insights/enova-awards-nok-80-million-to-ammonia-bunkering-vessel-project/): Grieg New Energy’s ammonia-powered tanker project, the MS Green Ammonia, has secured NOK 80 million in funding from Norwegian state fund Enova SF, the company announced today (17 December). The funding will partially cover the investment costs of building the ammonia-powered tanker, which will both utilise and distribute ammonia as fuel. The vessel, which was
- [Norway's Enova awards funding to range of zero-emission shipping projects](https://ship.energy/industry-insights/norways-enova-awards-funding-to-range-of-zero-emission-shipping-projects/): Enova, Norway’s state clean energy fund, has allocated over NOK 940 million ($82.3 million) to support 14 maritime projects, including seven ammonia carriers, two hydrogen carriers, five electric ships, and one charging facility. The funding is part of the ‘Ammonia in Vessels,’ ‘Hydrogen in Vessels,’ and ‘Battery in Zero-Emission Ships’ programmes. The vessels under construction
- [WinGD completes first full-load test of engine running on methanol fuel](https://ship.energy/industry-insights/wingd-completes-first-full-load-test-of-engine-running-on-methanol-fuel/): Swiss marine power company WinGD announced today (19 December) that it has tested its X-DF-M methanol-fuelled engine design for the first time on a full load of more than 95% methanol fuel. The ten-cylinder, 92-bore 10X92DF-M engine was run on a testbed at CSSC-MES Diesel (CMD) in Shanghai in mid-December, the company said in a
- [ABL and UK universities join forces on maritime decarbonisation software project](https://ship.energy/industry-insights/abl-and-uk-universities-join-forces-on-maritime-decarbonisation-software-project/): Energy, marine and engineering consultancy ABL and the universities of Strathclyde and Plymouth are collaborating on the development of software which is intended to support decision-makers who are tasked with creating decarbonisation roadmaps or making decarbonisation investments. The software will focus on advanced modelling and simulation techniques considering the uncertainties in decarbonisation investments, including factors
- [Sustainable Marine Fuel Confidence Index 2024 – the results are in!](https://ship.energy/industry-insights/sustainable-marine-fuel-confidence-index-2024-the-results-are-in/): In the second edition of the SMF Fest Confidence Index, published today, biodiesel topped the poll, pushing the 2023 winner, LNG-biomethane, into second place, while LNG e-methane retained its third position in the rankings. Apart from the three frontrunners, confidence levels appear to have dropped across the candidate fuels year on year. Confidence in green
- [Van Oord takes delivery of methanol-ready offshore installation vessel](https://ship.energy/industry-insights/van-oord-celebrates-launch-of-methanol-ready-offshore-installation-vessel/): Global marine contractor Van Oord has announced today (8 January) that it has taken delivery of a new methanol-ready offshore installation vessel, Boreas, during a ceremony at the Yantai CIMC Raffles Offshore shipyard in China. The Boreas measures 175 metres in length. Bunkerspot reported in 2023 that it will be powered by five Wärtsilä 32
- [CLdN to install Elomatic thrusters on RoRo vessels to reduce fuel consumption](https://ship.energy/industry-insights/cldn-to-install-elomatic-thrusters-on-roro-vessels-to-reduce-fuel-consumption/): Finnish international consultancy and engineering company Elomatic has inked a deal to install its ‘energy saving’ Elogrid tunnel thrusters on two new RoRo vessels under construction for CLdN, the company said in a statement today (9 January). According to Elomatic, the Elogrid tunnel thruster has been found to reduce fuel consumption by 1-2% per thruster
- [Berge Rederi and Norsepower ink rotor sail agreement for two North Sea cargo vessels](https://ship.energy/industry-insights/berge-rederi-and-norsepower-ink-rotor-sail-agreement-for-two-north-sea-cargo-vessels/): Wind propulsion system manufacturer Norsepower and Norwegian shipowner Berge Rederi have signed a deal to equip two general cargo carriers with rotor sails. Each vessel will be equipped with two fixed 24m x 4m Norsepower Rotor Sails, which will be optimised for harsh conditions like snow, ice, rain, and high winds often encountered on North
- [UK government announces new £30 million funding round for clean maritime projects](https://ship.energy/industry-insights/uk-government-announces-new-30-million-funding-round-for-clean-maritime-projects/): A new round of funding in the Clean Maritime Demonstration Competition (CMDC) has been announced today (16 January) by the UK government, with the aim of decarbonising sea travel and supporting the green energy sector in the country. The sixth round of CMDC funding is designed to support clean maritime technologies including hydrogen, ammonia, methanol,
- [CMA CGM newbuilds to reduce methane emissions with new engine order, says Wartsila](https://ship.energy/industry-insights/cma-cgm-newbuilds-to-reduce-methane-emissions-with-new-engine-order-says-wartsila/): Technology group Wärtsilä has finalised a deal to install its new 34DF EnviroPac engines onboard eight new LNG-fuelled container vessels from CMA CGM. According to a statement from Wärtsilä released today (21 January), the EnviroPac engine design is engineered to cut methane emissions in half, compared to the standard Wärtsilä 34DF engine, without altering the
- [RINA conference examines the challenges of IMO's Carbon Intensity Indicator](https://ship.energy/industry-insights/rina-conference-examines-the-challenges-of-imos-carbon-intensity-indicator/): The Royal Institution of Naval Architects (RINA) CII Conference 2025, which opened yesterday (21 January) in London, offered a comprehensive analysis of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII) and its impact on the shipping industry. Setting the scene, Edwin Pang, Chair of the RINA IMO Committee & Founder of Arcsilea Ltd, delivered
- [UCL: Switch to zero-emission tech or brace for heavy cuts to the global fleet](https://ship.energy/industry-insights/ucl-switch-to-zero-emission-tech-or-brace-for-heavy-cuts-to-the-global-fleet/): A new report from UCL's Energy Institute Shipping and Oceans Research Group suggests that for shipping to attain its estimated share of the carbon budget of 9.6 giga tonnes, ships representing over one third of the existing and ordered fleet, valued at $400 billion, must shift quickly to zero-emission technologies or face premature scrapping. The
- [Rolls-Royce signs £9 billion contract with UK MoD to support Royal Navy subs](https://ship.energy/industry-insights/rolls-royce-signs-9-billion-contract-with-uk-mod-to-support-royal-navy-subs/): The UK Ministry of Defence and Rolls-Royce have signed a ‘Unity Contract’ for eight years to provide full support for the in-service Royal Navy submarine fleet. In a statement today (24 January), Rolls-Royce said the contract, the first of its kind awarded by the MoD and the ‘largest ever’ signed with Rolls-Royce, will draw together
- [New MMMCZCS report highlights chemical ports’ key role in green fuel transition](https://ship.energy/industry-insights/new-mmmczcs-report-highlights-chemical-ports-key-role-in-green-fuel-transition/): A new report published today (7 February) by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping highlights that chemical ports are better positioned to lead the transition to alternative fuels than container ports. With the International Maritime Organization (IMO) targeting net-zero greenhouse gas emissions by or around 2050, the report Navigating the Green Transition:
- [TwinShip project launched to catalyse shipping’s decarbonisation](https://ship.energy/industry-insights/twinship-project-launched-to-catalyse-shippings-decarbonisation/): TwinShip project launched to catalyse shipping’s decarbonisation The TwinShip project, which will develop an 'Integrated Digital Twin Framework to Enable Green Ship Operations Towards Zero Emission Vessels', has been launched in Brussels, with a €10 million budget co-financed by the Horizon Europe programme. The project will create an integrated digital framework, based on a digital
- [Transport groups urge EC to accelerate clean fuel production](https://ship.energy/industry-insights/transport-groups-urge-ec-to-accelerate-clean-fuel-production/): The European Community Shipowners’ Association (ECSA), Airlines for Europe (A4E), and NGO Transport & Environment (T&E) have issued a joint statement calling on the European Commission and EU member states to scale up production of clean shipping and aviation fuels in Europe. The joint statement presses for immediate action and proposes that the upcoming Clean
- [Wallenius Wilhelmsen sets out its 2025 Sustainable Financing Framework](https://ship.energy/industry-insights/wallenius-wilhelmsen-sets-out-its-2025-sustainable-financing-framework/): Building upon the company’s 2022 framework, which targeted a 27.5% reduction in carbon intensity from 2019 to 2030, Wallenius Wilhelmsen’s Sustainable Financing Framework for 2025 addresses raising finance through green bonds, loans, and derivatives, as well as sustainability-linked bonds, loans, and derivatives. The new framework aligns with the company's goal of achieving net-zero greenhouse gas
- [Copenhagen Infrastructure Partners develops ammonia bunkering manual](https://ship.energy/industry-insights/copenhagen-infrastructure-partners-develops-ammonia-bunkering-manual/): Danish renewable energy investment firm, Copenhagen Infrastructure Partners (CIP), has developed an ammonia bunkering operations manual in collaboration with gas shipping companies and the American Bureau of Shipping (ABS). According to a statement from CIP on 19 February, the manual, which was developed by CIP’s Energy Transition Fund (ETF), details safety protocols to ensure the
- [ZEMBA launches e-fuel focussed tender](https://ship.energy/industry-insights/zemba-launches-e-fuel-focussed-tender/): The Zero Emission Maritime Buyers Alliance (ZEMBA) has today (25 February) opened its second tender to shipowners which focuses on 3-5-year offtake contracts for e-fuel-powered container shipping. Through the new tender, ZEMBA intends to aggregate approximately 86 billion tonne nautical miles of demand for the emissions abatement associated with e-fuel-powered shipping to be deployed starting
- [DNV to verify Gasum’s FuelEU Maritime pooling service](https://ship.energy/industry-insights/dnv-to-verify-gasums-fueleu-maritime-pooling-service/): Finnish state-owned energy company, Gasum, has stated that it has signed an agreement with class society DNV to verify the accuracy of its FuelEU pooling service. The company announced in a statement today (25 February) that it will use DNV’s Emissions Connect tool to validate data in real time via the installation of a ‘plug
- [Deltamarin to design upsized dual-fuel Shaper Class vessels for Wallenius Wilhelmsen](https://ship.energy/industry-insights/deltamarin-to-design-upsized-dual-fuel-shaper-class-vessels-for-wallenius-wilhelmsen/): Finnish ship design consultancy Deltamarin announced today (25 February) that it has inked a contract for the upsizing of six Wallenius Wilhelmsen’s Shaper Class pure car and truck carriers (PCTCs). The upsized vessels will share many of the design features of the Shaper Class, including dual-fuel engines capable of running on methanol. The vessels, part
- [Gasum reports strong maritime growth in 2024](https://ship.energy/industry-insights/gasum-reports-strong-maritime-growth-in-2024/): Finnish state-owned energy company, Gasum Oy, has reported a 41% year-on-year increase in sales volumes in its maritime segment in 2024. In the company’s Annual Review for 2024, published on 12 March, Gasum reported an increase in revenue in its maritime business unit, from €120.6 million in 2023 to €169.8 million in 2024. This growth
- [Developing countries could be ‘priced out’ of e-fuel production, UCL/UMAS study warns](https://ship.energy/industry-insights/ucl-umas-study-developing-countries-e-fuel-production-shipping-decarbonisation-financing-capital-costs/): A new study by UMAS and the UCL Energy Institute has found that developing countries risk being left out of the opportunities brought by shipping’s transition to new fuels, as poor access to finance and higher capital costs could almost double the price of e-fuels they produce. The study modelled the cost of producing e-ammonia
- [MAMII calls on EU to integrate FuelEU Maritime with IMO methane guidelines](https://ship.energy/industry-insights/mamii-calls-on-eu-to-integrate-fueleu-maritime-with-imo-methane-guidelines/): The Methane Abatement in Maritime Innovation Initiative (MAMII) has called on the European Union (EU) to integrate forthcoming International Maritime Organization (IMO) methane guidelines into its FuelEU Maritime policy to accelerate emissions reductions in shipping. The call comes, in the form of an open letter issued today (20 March), ahead of the IMO’s Marine Environment
- [LR rolling out newly structured advisory service](https://ship.energy/industry-insights/lr-rolling-out-newly-structured-advisory-service/): Lloyd’s Register (LR) has described the consolidation of its Technical Advisory and Business Advisory divisions into a single LR Advisory team as a ‘pivotal shift’, extending the organisation’s reach beyond traditional class clients to support alternative fuel suppliers, port authorities, and governments looking to future-proof their maritime strategies. The new team, which brings together 150
- [Oman's strategic rise in global logistics](https://ship.energy/industry-insights/omans-strategic-rise-in-global-logistics/): Ahead of the inaugural Oman Maritime, Ports and Energy Forum taking place in Muscat at the end of April, Asyad Group, the event’s Strategic Partner, explains how Oman is redefining its role in the international trade ecosystem. The global logistics landscape is undergoing a significant transformation, driven by shifting trade patterns, rapid technological advancements, and
- [‘Keep calm and carry on’: IMO GHG pricing talks continue despite US threats](https://ship.energy/industry-insights/imo-mepc-83-negotiations-united-states-letter-shipping-ghg-pricing-mechanism/): Delegates from several countries are hopeful they can still reach an agreement on a global greenhouse gas (GHG) pricing mechanism for international shipping, despite a bombshell letter from the United States which threatens retaliatory action against any fees. In a letter seen by ship.energy sent to Member States of the International Maritime Organization (IMO) this week,
- [Global GHG pricing mechanism approved by MEPC 83 in rare vote](https://ship.energy/industry-insights/imo-mepc-83-approves-global-ghg-pricing-mechanism-international-shipping-vote-results/): Delegates at the International Maritime Organization (IMO) have approved a ‘compromise’ proposal to establish the first global pricing mechanism for greenhouse gas (GHG) emissions from international shipping, in a majority vote that exposed persisting divisions between member states. A total of 63 delegations, including EU states, China, Brazil, the UK and Canada, voted in favour
- [Oman’s ports: the gateway to global logistics excellence](https://ship.energy/industry-insights/omans-ports-the-gateway-to-global-logistics-excellence/): With two weeks to go until the inaugural Oman Maritime, Ports & Energy Forum, Asyad Group explains how the Sultanate’s key ports are unlocking new trade corridors and investment opportunities, and fostering advancements in supply chain efficiency and innovation. As global trade continues to evolve, ports play an increasingly vital role in connecting economies and
- [GCMD calculator offers ‘first-cut view’ of IMO’s GFI-linked pricing system](https://ship.energy/industry-insights/gcmd-calculator-offers-first-cut-view-of-imos-gfi-linked-pricing-system/): Singapore-based Global Centre for Maritime Decarbonisation (GCMD) has rolled out a free ‘simple, accessible’ cost and compliance calculator which is intended to assist maritime stakeholders in assessing how the International Maritime Organization’s (IMO) proposed two-tiered greenhouse gas fuel intensity pricing system may impact operational costs. The GCMD highlights that the calculator offers one indicator in
- [Peninsula and University of Gibraltar team up on alternative fuel training](https://ship.energy/industry-insights/peninsula-and-university-of-gibraltar-team-up-on-alternative-fuel-training/): As part of a Memorandum of Understanding, Peninsula and the University of Gibraltar will set up a joint study group to develop educational and training content on alternative marine fuels, with a focus on the transportation, storage and supply of these fuels. The new partnership will see subject matter experts from Peninsula delivering guest lectures
- [TUI Cruises deploys Signol solution to cut fuel consumption](https://ship.energy/industry-insights/tui-cruises-deploys-signol-solution-to-cut-fuel-consumption/): TUI Cruises is using Signol’s digital behaviour changes service to support crew members onboard the company’s Mein Schiff cruise vessels in reducing fuel consumption as part of their daily operational duties. The initiative, which initially runs for six months, combines advanced data analysis with behaviour science. Signol has worked with TUI Cruises to identify four
- [OceanOpt and ClassNK announce API collaboration on EU maritime regulatory compliance](https://ship.energy/industry-insights/oceanopt-and-classnk-announce-api-collaboration-on-eu-maritime-regulatory-compliance/): OceanOpt and class society ClassNK have announced an application programming interface (API) partnership which will provide Japanese shipping companies with the tools to manage compliance with the European Union Emissions Trading System (EU ETS) and the FuelEU Maritime Regulation. Through this collaboration, users of ClassNK’s ClassNK MRV Portal will gain access to the OceanOpt Platform
- [ClassNK adds new features to GHG emissions management tool](https://ship.energy/industry-insights/classnk-adds-new-features-to-ghg-emissions-management-tool/): ClassNK has announced that FuelEU Maritime and EU Emissions Trading System (ETS) functionalities are now available via its ClassNK ZETA GHG emissions management tool, which has also been upgraded as an open platform with third-party integrations. For FuelEU Maritime, depending on each ship’s current compliance surplus or deficit, ClassNK ZETA can recommend the optimised combination
- [Decarbonisation think tanks issue briefing on MEPC 83 outcomes](https://ship.energy/industry-insights/decarbonisation-think-tanks-issue-briefing-on-mepc-83-outcomes/): A new briefing from the Getting to Zero Coalition and the Global Maritime Forum finds that the International Maritime Organisation’s (IMO) new policy measures agreed at MEPC 83 are sufficiently ambitious to catalyse a shift to scalable zero-emission fuels, but their success will depend on offering ‘meaningful rewards’, building value chains within the next 10
- [Höegh Autoliners joins Sustainable Markets Initiative](https://ship.energy/industry-insights/hoegh-autoliners-joins-sustainable-markets-initiative/): Höegh Autoliners has announced its membership of the Sustainable Markets Initiative (SMI), which is a private sector initiative set up to support collaboration between world leaders and CEOs to put sustainability at the centre of global value creation. The SMI was established in 2020 by King Charles III when he was The Prince of Wales.
- [Genevos and NatPower-H develop hydrogen vessel configurator](https://ship.energy/industry-insights/genevos-and-natpower-h-develop-hydrogen-vessel-configurator/): Launched ahead of the United Nations Ocean Conference (UNOC3) next week in Nice, France, the ‘world-first’ hydrogen vessel configurator is publicly accessible and offers recommendations on power train sizing, products and comparison data. Developed by hydrogen fuel cell power systems company Genevos and NatPower-H, which is focussed on establishing a global, large-scale network of green
- [INTERVIEW: Full disclosure](https://ship.energy/industry-insights/interview-full-disclosure-2/): From Excel spreadsheets to AI and optical recognition, Marcus Schaerer explains to Lesley Bankes-Hughes how the Shell LubeMonitor service has evolved to offer vessel operators the opportunity to switch from time-based to condition-based engine maintenance – saving time and money. An idle vessel impacts on a vessel owner’s profitability and taking a ship out of
- [MPA and NYK Group conduct workshop on autonomous shipping](https://ship.energy/industry-insights/mpa-and-nyk-group-conduct-workshop-on-autonomous-shipping/): The Maritime and Port Authority of Singapore (MPA), Nippon Yusen Kabushiki Kaisha (NYK), and MTI, an NYK Group company) conducted a joint workshop today in Singapore to collaborate on port-to-port Maritime Autonomous Surface Ship (MASS) trials. The collaboration is one of the initiatives to come out of the MPA-NYK Memorandum of Understanding in 2024 to
- [bound4blue secures DNV validation for wind propulsion performance methodology](https://ship.energy/industry-insights/bound4blue-secures-dnv-validation-for-wind-propulsion-performance-methodology/): Class society DNV has validated bound4blue’s ‘wind propulsion system force matrix’ calculation method, which provides shipowners, designers and shipyards with a ‘regulation-ready’ tool to evaluate the performance of its eSAIL. The validated methodology allows accurate estimation of the thrust generated by eSAILs across a wide range of operational scenarios. The DNV validation of the methodology
- [Forget about predictability, what shipping needs is flexibility, says Wallenius Wilhelmsen CEO](https://ship.energy/industry-insights/forget-about-predictability-what-shipping-needs-is-flexibility-says-wallenius-wilhelmsen-ceo/): ‘When you are not able to predict, you need to be able to adapt’: the CEO of Wallenius Wilhelmsen Lasse Kristoffersen tells ship.energy that shipowners must focus on flexibility and efficiency amid geopolitical and regulatory uncertainty. ‘What you cannot look for in the world we’re in today is stability and predictability,’ the boss of the
- [Ammonia bunkering could take off at scale by 2030, Navigator Gas says](https://ship.energy/industry-insights/ammonia-bunkering-could-take-off-at-scale-by-2030-navigator-gas-says/): Navigator Gas is looking to retrofit some of its handysize gas carriers to become ammonia bunkering vessels, in anticipation of supply chains for the new marine fuel that could take hold at the end of the decade, the company’s CEO Mads Peter Zacho told ship.energy. ‘Four to five years from now’: this is the timeframe
- [Chalmers University study identifies vessel movement as a trigger for methane emissions](https://ship.energy/industry-insights/chalmers-university-study-identifies-vessel-movement-as-a-trigger-for-methane-emissions/): A new study by researchers at Chalmers University of Technology in Sweden has found that the movement of ships in shallow areas of water, such as in ports, can trigger methane emissions which are twenty times higher than those recorded in adjacent, undisturbed areas. In the study, measured methane emissions were decoupled from the ships’
- [LR workshop looks at use of MMR nuclear tech in maritime environment](https://ship.energy/industry-insights/lr-workshop-looks-at-use-of-mmr-nuclear-tech-in-maritime-environment/): Lloyd’s Register (LR) has conducted a Hazard Identification (HAZID) workshop to evaluate the potential risks and operational factors for modular micro reactor (MMR) nuclear technology, where participants considered the integration of an MMR into a stern landing craft vessel. The international workshop, in collaboration with Queensland's ship design group Seatransport and Houston-based Deployable Energy, brought
- [Government green-lights Japanese next-gen vessel technology R&D project](https://ship.energy/industry-insights/government-green-lights-japanese-next-gen-vessel-technology-rd-project/): Government green-lights Japanese next-gen vessel technology R&D project An R&D project involving input from 10 maritime stakeholders, which has been adopted by the Japanese government’s Key and Advanced Technology R&D through Cross Community Collaboration Programme, will focus on shortening vessel development and construction timelines. The project, titled ‘Development of Integrated Simulation Platform for Sustainable and
- [First dedicated energy transition fund launched in Oman](https://ship.energy/industry-insights/first-dedicated-energy-transition-fund-launched-in-oman/): Pan-Asia alternative asset manager Templewater and Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund have launched the Energy Transition Fund which is intended to catalyse investment in the energy transition and manufacturing sector in support of the Sultanate’s Oman Vision 2040 as well as net zero 2050 goals. The fund will have an
- [Pan-European project validates benefits of just-in-time vessel arrivals](https://ship.energy/industry-insights/pan-european-project-validates-benefits-of-just-in-time-vessel-arrivals/): The European Digital Twin for Green Shipping initiative (DT4GS) has demonstrated, through the use of virtual ships and their systems, how digital coordination between ships and ports can cut fuel consumption. Across the 36-month project, which was financed by the Horizon for Europe programme, 21 partners from 10 countries designed and developed a digital twin
- [Insetting can advance shipping’s decarbonisation but be aware of risk factors, says new UCL report](https://ship.energy/industry-insights/insetting-can-advance-shippings-decarbonisation-but-be-aware-of-risk-factors-says-new-ucl-report/): A new study from the UCL Energy Institute which looks at the role of voluntary insetting schemes in supporting shipping’s decarbonisation finds that they can provide an opportunity to catalyse the transition before regulatory drivers fully kick in, but there are caveats around their use, including how an organisation defines value chain ‘boundaries, plus factors
- [UK consortium wins CMDC funding for Skills 4 Future Maritime Fuels project](https://ship.energy/industry-insights/uk-consortium-wins-cmdc-funding-for-skills-4-future-maritime-fuels-project/): A cross-sector consortium comprising ship.energy, shipping and logistics company, DFDS, IBIA – The International Bunker Industry Association (IBIA), and the University of Plymouth has been successful in its application for Clean Maritime Demonstration Competition funding for a project which will address the skills gap in the maritime sector’s adoption of low and zero-carbon fuels. The
- [Action on green financing central to enable decarbonisation, says BV maritime boss](https://ship.energy/industry-insights/action-on-green-financing-central-to-enable-decarbonisation-says-bv-maritime-boss/): Closer collaboration between the IMO and financial regulators will be needed to stimulate green financing for shipping’s energy transition, says Matthieu de Tugny, Executive Vice President for Marine & Offshore at Bureau Veritas (BV). ‘I think it’s important to bring some clarity in the investment and lending decisions,’ he emphasised in an interview on the
- [Platts proposes delivered Rotterdam subsidised Bio-LNG bunker fuel assessment](https://ship.energy/industry-insights/platts-proposes-delivered-rotterdam-subsidised-bio-lng-bunker-fuel-assessment/): Platts, part of S&P Global Commodity Insights, has announced its intention to launch a daily Rotterdam subsidised bio-LNG bunker fuel price assessment reflecting the value of spot bio-LNG bunker fuel volumes delivered on a barge-to-ship basis in Rotterdam. The new assessment would be introduced from 25 September. Platts also said it intends to update the
- [Australia-Asia iron ore corridor a probable ammonia frontrunner, GCMD’s Lynn Loo says](https://ship.energy/industry-insights/australia-asia-iron-ore-corridor-a-probable-ammonia-frontrunner-gcmds-lynn-loo-says/): Large bulk carriers transporting iron ore between Western Australia and Northern Asia are expected to be among the first to adopt ammonia as a marine fuel, whereas containerships are unlikely to feature among ammonia frontrunners, according to Prof. Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation (GCMD). Speaking on the ship.energy podcast, she
- [ship.energy rounds off company rebrand with new website launch](https://ship.energy/industry-insights/ship-energy-rounds-off-company-rebrand-with-new-website-launch/): ship.energy has announced the final stage in its rebranding from Petrospot with the launch today (19 August) of a new website which also incorporates the extensive content from the Bunkerspot and Petrospot sites. The move to rebrand Petrospot as ship.energy – with a fresh, clean and purposeful new logo – reflected the company’s response to
- [Methanol marine fuel now ready for operation and ammonia for piloting, says study](https://ship.energy/industry-insights/methanol-marine-fuel-now-ready-for-operation-and-ammonia-for-piloting-says-study/): A new report from the Global Maritime Forum (GMF) finds that methanol is now past the proof-of-concept stage, while ammonia is ‘rapidly approaching’ this milestone. The report, From Pilots to Practice: Methanol and Ammonia as Shipping Fuel, is the latest in a series of reports from GMF which began in 2020 with the first Getting
- [Rasmus Bach Nielsen stepping away from Trafigura](https://ship.energy/industry-insights/rasmus-bach-nielsen-stepping-away-from-trafigura/): Rasmus Bach Nielsen, one of the key voices on global shipping’s decarbonisation, is moving on from his role as Global Head of Decarbonisation at the commodities giant Trafigura to take a career break and to attend a board director course at the IMD Business School in Lausanne, Switzerland. Bach Nielsen has had an 11-year stint
- [Tom Boardley steps down as Chair of Maritime UK](https://ship.energy/industry-insights/tom-boardley-steps-down-as-chair-of-maritime-uk/): Maritime UK has announced that Tom Boardley is leaving his role as Chair after three years and he will be succeeded by the current Vice Chair, Brian Johnson. In statement, Maritime UK acknowledged Boardley’s contribution to its work on key industry priorities, such as decarbonisation, digital innovation, and promoting diversity and inclusion across the sector.
- [WinGD joins cross-sector methane abatement initiative](https://ship.energy/industry-insights/wingd-joins-cross-sector-methane-abatement-initiative/): WinGD has become the first engine developer to join the Methane Abatement in Maritime Innovation Initiative (MAMII), which was launched by Lloyds Register’s Safetytech Accelerator in 2022 to better understand and address methane emissions from LNG-fuelled ships. As part of its work, MAMII supports pilot projects, independent research and policy engagement. Membership of the coalition
- [EU contemplating 10-year hold on taxing aviation and marine fuels, says report](https://ship.energy/industry-insights/eu-contemplating-10-year-hold-on-taxing-aviation-and-marine-fuels-says-report/): Shipping and flights within the European Union could retain fuel tax exemption for another 10 years, reports media outlet Reuters, claiming knowledge of a draft EU negotiating proposal. The European Commission’s previous position on the taxation of aviation and bunker fuel had been to reboot energy tax rules and take a phased approach to introducing
- [Paraguay’s Guaran Feeders deploys BareFLEET monitoring tech on river tug fleet](https://ship.energy/industry-insights/paraguays-guaran-feeders-deploys-barefleet-monitoring-tech-on-river-tug-fleet/): Paraguayan feeder operator Guaran Feeders has installed AST Reygar’s vessel optimisation and reporting solution BareFLEET onboard its fleet of smart river tugs which operate on the Paraguay-Paraná waterway. BareFLEET uses advanced data analysis tools to optimise fuel consumption and improve emissions monitoring and control. Under the scope of an agreement between the two companies, Guaran
- ['Notable progress’ on ammonia fuel development but challenges persist, says DNV](https://ship.energy/industry-insights/notable-progress-on-ammonia-fuel-development-but-challenges-persist-says-dnv/): In a new report, class society DNV says the ammonia-fuelled vessel orderbook proves it is ‘no longer just a theoretical fuel’, but its toxicity and high cost remain barriers to uptake, and an across-industry framework of standardised solutions is required to catalyse scale-up. As well as analysing the challenges of ammonia as a marine fuel,
- [Procureship and ReFlow launch Scope 3 emissions tool for maritime supply chain](https://ship.energy/industry-insights/procureship-and-reflow-launch-scope-3-emissions-tool-for-maritime-supply-chain/): Maritime e-procurement platform provider Procureship has partnered with Copenhagen-based climate data firm ReFlow to launch a Scope 3 emissions solution to enable ship owners, operators, and managers to prepare for the EU Corporate Sustainability Reporting Directive (CSRD) by mapping emissions across their procurement value chains. The ‘EmissionPassport’ solution from Procureship and ReFlow enables the collection
- [RightShip secures minority investment from Permira](https://ship.energy/industry-insights/rightship-secures-minority-investment-from-permira/): Maritime safety and sustainability platform RightShip has announced that global investment firm Permira is taking a minority stake in the company, with founding shareholders BHP, Cargill and Rio Tinto each retaining their equal stakes. Rothschild & Co acted on behalf of RightShip and its shareholders as financial advisor. The transaction is subject to customary regulatory
- [Low-GHG fuel production unlikely to meet shipping’s needs by 2030, DNV report finds](https://ship.energy/industry-insights/dnv-maritime-forecast-2050-shipping-decarbonisation-fuel-production-lng-pathway/): The CEO of DNV Maritime, Knut Ørbeck-Nilssen, has warned that low-GHG fuel supply is ‘basically not there in 2030’ and called on the IMO not to sideline the LNG pathway. In its latest Maritime Forecast to 2050, which was published today (11 September), the classification society identifies a gap between investments in alternative-fuel-capable vessels and
- [IBIA: ADN 2025 regulations could create ‘unintended consequences’ for bunkering in ARA region](https://ship.energy/industry-insights/ibia-adn-2025-regulations-could-create-unintended-consequences-for-bunkering-in-ara-region/): Under ADN 2025 (European Agreement on the International Carriage of Dangerous Goods by Inland Waterways) regulations, cargo tanks carrying fuel under UN-3082 classification can no longer be opened for sampling and measurements, thereby precluding manual tank access, and this, says the International Bunkering Industry Association (IBIA), could have ‘possible knock-on effects’ for the marine fuel
- [IMO Net-Zero Framework set to boost business case for energy efficiency, KCC boss says](https://ship.energy/industry-insights/klaveness-combination-carriers-interview-engebret-dahm-energy-efficiency-retrofit-imo-net-zero-framework/): The CEO of Klaveness Combination Carriers, Engebret Dahm, estimates that the IMO’s upcoming greenhouse gas (GHG) pricing mechanism could add $400-450 per tonne to fuel costs by 2035 for ships still burning conventional fossil fuels, which he argues will provide a powerful incentive to accelerate investments in energy-saving technology. The Norwegian shipowner has recently completed
- [Shipping ‘not on track, but not far off’ target of 5% zero-carbon fuels by 2030](https://ship.energy/industry-insights/ucl-gmf-progress-report-target-5-zero-carbon-fuel-2030-tristan-smith-jesse-fahnestock/): New research has found that shipping remains off-track to meet its target of having at least 5% of its fuel come from zero-emission sources by 2030, as demand signals and finance have failed to keep pace with progress on technology and fuel production. As previously reported, the new study, titled Climate action in shipping: Progress
- [‘Fragmentation is costly for everyone,’ says MOL CEO](https://ship.energy/industry-insights/lisw-headline-conference-imo-geopolitics-decarbonisation-maritime-security-mol-nato-bimco/): Current geopolitical uncertainty has created ‘challenges’ as well as ‘unexpected opportunities’ for shipping companies, the CEO of Mitsui O.S.K. Lines (MOL), Takeshi Hashimoto, has told a panel at the headline conference of London International Shipping Week today (17 September). ‘It is quite sad because in the past 25 years we worked really hard to establish
- [‘The ships are ready, but the fuels are missing,’ finds new Accelleron report](https://ship.energy/industry-insights/the-ships-are-ready-but-the-fuels-are-missing-finds-new-accelleron-report/): ‘The only scalable fuels are e-fuels,’ emphasised Christophe Rofka, President , Medium- and -Low-Speed at Accelleron, as the company launched a report at London International Shipping Week which highlighted the decarbonisation challenges – or ‘deadlocks’ – that shipping and other industry sectors are facing as they wait for green hydrogen production and availability to scale
- [SOHAR Port and Freezone and ship.energy sign MoU at LISW25](https://ship.energy/industry-insights/sohar-port-and-freezone-and-ship-energy-sign-up-mou-at-lisw25/): At London International Shipping Week (LISW25), SOHAR Port and Freezone and ship.energy signed a Memorandum of Understanding on the potential for future engagement and knowledge-sharing during an event hosted by SOHAR Port and Freezone, in collaboration with the Ministry of Transport, Communications, and Information Technology and Asyad Group. The collaboration will seek to build on
- [ICCT assesses shipping’s potential demand for vegetable oils under the IMO’s NZF](https://ship.energy/industry-insights/icct-assesses-shippings-potential-demand-for-vegetable-oils-under-the-imos-nzf/): A new study from the International Council on Clean Transportation (ICCT) finds that the International Maritime Organization’s (IMO) proposed Net Zero Framework (NZF) could create ‘substantial’ new demand for virgin vegetable oils, but the supply of these oils could be insufficient to meet NZF targets beyond 2032 ‘without the use of additional cropland or diversion
- [IBIA and BIMCO launch new survey on bunker licensing and mass flow meter uptake](https://ship.energy/industry-insights/ibia-and-bimco-launch-new-survey-on-bunker-licensing-and-mass-flow-meter-uptake/): The International Bunker Industry Association (IBIA) and BIMCO are undertaking a follow-up survey to assess the impact of bunker licensing schemes (BL) and mass flow meter (MFM) technology on ‘transparency, fuel quality, and regulatory alignment across the maritime sector.’ A first survey in 2022 focussed on these two issues and its findings indicated that the
- [EU expects ‘large majority’ to back IMO Net-Zero Framework despite U.S. pressure](https://ship.energy/industry-insights/interview-fotini-ioannidou-eu-imo-net-zero-framework-mepc-vote-adoption/): The EU remains confident that a majority of IMO member states will continue to stand behind the first global pricing mechanism for greenhouse gas (GHG) emissions from international shipping, in spite of potential retaliatory measures from the United States. ‘My level of confidence that the framework will be adopted is high,’ said Fotini Ioannidou, Director
- [VPS introduces VeriSphere ‘digital marketplace’ for marine fuel and fleet management](https://ship.energy/industry-insights/vps-introduces-verisphere-digital-marketplace-for-marine-fuel-and-fleet-management/): VPS has launched the VeriSphere digital platform which offers digital solutions, including software, data and AI, which are intended to support marine fuel procurement and management and fleet performance. The digital solutions, provided by VPS and its partners, encompass fuel and lubricating oil consumption, main engine monitoring and emission equipment performance. They are also intended
- [New global initiative urges shipping to look beyond methane-based fuels](https://ship.energy/industry-insights/new-global-initiative-urges-shipping-to-look-beyond-methane-based-fuels/): Maritime Beyond Methane (MARBEM) has launched today (10 October) to encourage shipping stakeholders to move forward from what it calls ‘misaligned solutions’ for the industry's energy transition, such as e-methane/e-LNG and biomethane/bio-LNG. The new initiative, which has partners in 13 countries, argues that if shipping takes the methane-based fuels pathway this will be a barrier
- [LR FOBAS flags off-spec TSP results in Civitavecchia](https://ship.energy/industry-insights/lr-fobas-flags-off-spec-tsp-results-in-civitavecchia/): Lloyd’s Register FOBAS has recently tested high residual fuels in Civitavecchia, Italy with Total Sediment Potential (TSP) results which exceeded the ISO 8217 specification limit of 0.10% m/m. The TSP results in these fuels ranged from 0.16% m/m to 0.44% m/m. According to FOBAS, further analysis on these fuels suggests a possible mix of both
- [Bureau Veritas VeriFuel releases Q3 findings on global marine fuel quality](https://ship.energy/industry-insights/bureau-veritas-verifuel-releases-q3-findings-on-global-marine-fuel-quality/): In its Q3 2025 round-up of fuel sampling results, Bureau Veritas VeriFuel has found that the average percentage of fuels tested that were found to be off-spec (in terms of the ISO 8217 specification) was the lowest of the year to date across very low sulphur fuel oil (VLSFO), high sulphur fuel oil (HSFO), and
- [‘Regulation’ the watchword as ARACON 2025 gets underway](https://ship.energy/industry-insights/regulation-the-watchword-as-aracon-2025-gets-underway/): In light of recent events at the International Maritime Organization (IMO), it was fitting that the first session of ARACON 2025 would examine the importance of new and existing regulations. This year’s edition of ARACON in Rotterdam saw more than 235 delegates from over 25 countries attend one of the most keenly anticipated bunker events
- [NatPower calls for a rethink on scope of green shipping corridors](https://ship.energy/industry-insights/natpower-calls-for-a-rethink-on-scope-of-green-shipping-corridors/): Responding to the decision on the Net Zero Framework taken at this month's extraordinary session of the Marine Environment Protection Committee (MEPC) at IMO headquarters in London, Stefano Sommadossi, CEO of NatPower Marine and NatPower UK, says ‘it cannot be a pause button for the industry’ and he has issued a call for ‘a broader
- [EU ETS lessons on data accuracy will prove critical for FuelEU Maritime, says Hecla](https://ship.energy/industry-insights/eu-ets-deadline-lessons-data-accuracy-fueleu-maritime-compliance-hecla-dnv-interview/): Shipping’s first year under the EU Emissions Trading System (ETS) was marked by multiple data discrepancies and corrections, which laid bare the importance of improving data reliability ahead of ‘more complex’ FuelEU Maritime compliance, Hecla Emissions Management Director Benjamin Gibson told ship.energy. Following shipping’s inclusion in the EU’s ETS, a carbon market which also applies
- [Maritime stakeholders launch virtual global maritime innovation hub](https://ship.energy/industry-insights/maritime-stakeholders-launch-virtual-global-maritime-innovation-hub/): COSCO Shipping Group, Shanghai Jiao Tong University, Lloyd’s Register (LR) and the University of Southampton have established the virtual International Maritime Future Technologies Innovation Centre with the aim of developing and testing zero-carbon and intelligent-ship technologies. The Centre will serve as a global platform for collaboration between industry and academia, focusing moving from research into
- [Shell Marine rolls out 24/7 onboard monitoring service for oil and equipment](https://ship.energy/industry-insights/shell-marine-rolls-out-onboard-monitoring-service-for-oil-and-equipment/): The new Shell Marine Sensor Service (SMSS), described by the company as a ‘digital deckhand’, continuously monitors oil condition to support equipment maintenance and prevent unplanned downtime. As well as guarding against equipment failure, the service also provides the opportunity to optimise oil top-ups and extend oil drain intervals in high-speed engines. The plug-and-play system
- [Argus introduces French biomethane guarantee of origin price assessments](https://ship.energy/industry-insights/argus-introduces-french-biomethane-guarantee-of-origin-price-assessments/): Energy and commodity price reporting agency Argus has launched the first price assessments for French renewable gas guarantees of origin (RGGOs). French RGGOs provide information on the source and timing of biomethane injected into the domestic gas grid. The certificates can be combined with a proof of sustainability and used by a range of consumers
- [StormGeo rolls out new bunker management platform](https://ship.energy/industry-insights/stormgeo-rolls-out-new-bunker-management-platform/): StormGeo has launched its Next Generation s-Insight Bunker Management platform, with the company claiming that early users of the platform ‘have already seen significant efficiency gains and cost savings.’ ‘NextGen Bunker Management brings together data, automation, and market intelligence in one unified platform,’ said Julie Nielsen, Global Head of Bunker Sales at StormGeo. ‘It enables
- [EU shipping emissions surge 13% in 2024](https://ship.energy/industry-insights/eu-shipping-emissions-surge-13-in-2024/): T&E analysis of official EU monitoring, reporting and verification (MRV) data shows that EU shipping emissions hit the highest levels in 2024 since the EU implemented mandatory reporting in 2018, with the NGO identifying MSC as ‘the most polluting shipping company in the EU.’ EU shipping emissions grew last year in spite of a downturn
- [Shipping should approach shore power like alternative fuels, says NatPower Marine CEO](https://ship.energy/industry-insights/shore-power-interview-natpower-stefano-sommadossi-british-ports-association-mark-simmonds/): Expanding the use of batteries and onshore power to more shipping segments will require a ‘network’ approach covering entire routes as well as a rethink of government subsidies, the CEO of NatPower Marine, Stefano D.M. Sommadossi, has told ship.energy. ‘The key point is that we have to consider [shore power provision] as electric fuel,’ he
- [Economic concerns were ‘the driving force’ behind IMO Net-Zero Framework delay, MEPC Chair says](https://ship.energy/industry-insights/mepc-chair-harry-conway-interview-imo-net-zero-framework-delay-economic-concerns/): The decision to postpone the IMO Net-Zero Framework by a year cannot be solely blamed on pressure from the United States, and countries’ voting decisions were primarily driven by economic concerns, the Chair of the IMO’s Marine Environment Protection Committee (MEPC) Harry Conway has told ship.energy. ‘What I think was the driving force behind the
- [HK Regional Government sets out ambitions for bunkering and ports](https://ship.energy/industry-insights/hk-regional-government-sets-out-ambitions-for-bunkering-and-ports/): Speaking at the World Maritime Merchants Forum 2025, at the Hong Kong Convention and Exhibition Centre on Monday 17 November, the first day of Hong Kong Maritime Week, Mable Chan, Secretary for Transport and Logistics, Hong Kong S.A.R. Government of the People’s Republic of China took the opportunity to introduce attendees to the Hong Kong
- [Hong Kong is fostering shipping’s energy transition and ‘a resilient, future-ready workforce’](https://ship.energy/industry-insights/hong-kong-is-fostering-shippings-energy-transition-and-a-resilient-future-ready-workforce/): By 2030, Hong Kong will be delivering some 200,000 tonnes of green fuel to vessels, but to achieve this ambition ‘our industry must adopt new fuels, new technologies, and new ways of working,’ Angad Banga, JP, Chairman of the Hong Kong Shipowners’ Association, told delegates in his keynote speech delivered at the International Bunker Industry
- [LR releases new maritime nuclear guide](https://ship.energy/industry-insights/lr-releases-new-maritime-nuclear-guide/): Lloyd’s Register (LR) has published ‘Navigating nuclear energy in maritime’ which is intended to support project teams, owners, operators and insurers as maritime stakeholders explore the adoption of nuclear energy for commercial shipping and offshore applications. The guidance looks at areas such as regulatory frameworks and alignment between maritime and nuclear authorities, the integration of
- [Use of open loop scrubbers with HSFO banned at Saudi Arabian ports](https://ship.energy/industry-insights/use-of-open-loop-scrubbers-with-hsfo-banned-at-saudi-arabian-ports/): GAC has advised that the use of high sulphur fuel oil (HSFO) with an open loop scrubber (set to 0.50% or 0.10% sulphur mode) is prohibited ‘until further notice’ for vessels entering Saudi Arabian ports. As notified by GAC Hot Port News, all ships entering Aramco ports must operate scrubbers in closed loop mode or,
- [DNV to spearhead new phase of Nordic maritime decarbonisation initiative](https://ship.energy/industry-insights/dnv-to-spearhead-new-phase-of-nordic-maritime-decarbonisation-initiative/): Class society DNV, supported by Everllence, IVL Swedish Environmental Research Institute, Icelandic New Energy, Sintef Ocean, and VTT, will lead the second phase of the ‘Nordic Roadmap for the introduction of sustainable zero-carbon fuels in shipping: Implementation and realisation 2025–2027.’ Building on the results of the first phase of the project, this next phase of
- [Global GHG pricing is ‘the only way’ for shipping to reach net-zero, says Torvald Klaveness CEO](https://ship.energy/industry-insights/torvald-klaveness-ceo-interview-ghg-pricing-imo-net-zero-framework-shipping-decarbonisation/): Torvald Klaveness’ CEO Ernst Meyer argues that if the International Maritime Organization (IMO) cannot adopt its Net-Zero Framework next year, it should wait out the geopolitical storm until it can agree on a global GHG pricing mechanism, which he sees as imperative for investment in new fuels to make economic sense for companies. ‘The only
- [Bunkering Services Initiative begins drive to deliver efficiencies and transparency across ARA fuel supply chain](https://ship.energy/industry-insights/bunkering-services-initiative-begins-drive-to-deliver-efficiencies-and-transparency-across-ara-fuel-supply-chain/): On 1 December, the Bunkering Services Initiative (BSI), a voluntary collaboration which includes bunker buyers and fuel suppliers that collectively account for around 20% of bunker volumes in the Amsterdam-Rotterdam-Antwerp (ARA region), officially launched operations in the world’s second largest bunker market with a mission to strike out opacity and questionable fuel quality and quantity
- [Houlder wins UK funding for project to evaluate maritime decarbonisation options](https://ship.energy/industry-insights/houlder-wins-uk-funding-for-project-to-evaluate-maritime-decarbonisation-options/): Design and engineering consultancy Houlder has secured funding from Innovate UK’s Smart Shipping Acceleration Fund to develop an expanded module for its optimised modelling environment, HOME, that will enable shipowners to develop a roadmap for fleet decarbonisation. The initiative will focus on modelling the financial implications of using energy savings devices in combination with fuel
- [Viam and Rivertrace join forces on monitoring maritime environment](https://ship.energy/industry-insights/viam-and-rivertrace-join-forces-on-monitoring-maritime-environment/): Marine robotics and automation platform Viam is teaming up with oil-in-water quality monitoring specialist Rivertrace to improve environmental compliance and reduce pollution. Viam’s platform will support Rivertrace in digitalising and automating environmental compliance monitoring aboard commercial maritime vessels. Rivertrace monitors measure oil content in water discharge, ensuring vessels across marine, offshore, and industrial sectors are
- [GCMD report details operational risk assessment for STS ammonia transfer](https://ship.energy/industry-insights/gcmd-report-details-operational-risk-assessment-for-sts-ammonia-transfer/): Using ship-to-ship (STS) ammonia transfers at anchorage as proxy for bunkering, a new report from the Global Centre for Maritime Decarbonisation (GCMD) has found that STS operations are ‘technically and operationally feasible’ in Singapore port waters, provided robust safeguards are in place. The findings of the new report, Vessel-, location- and operations-specific safety assessments for
- [Bureau Veritas VeriFuel releases Q4 2025 marine fuel quality review](https://ship.energy/industry-insights/bureau-veritas-verifuel-releases-q4-2025-marine-fuel-quality-review/): In its latest report on 2025 global marine fuel quality, Bureau Veritas VeriFuel has noted that for high sulphur fuel oil (HSFO), the quarterly average for viscosity (50 degrees C (cSt)) was the highest of the year in Q4 at 313, while the presence of Al+Si (catfines), at 18 (mg/kg), was at the lowest level
- [Growing demand for biomethane underscores LNG’s direction of travel, reports SEA-LNG](https://ship.energy/industry-insights/growing-demand-for-biomethane-underscores-lngs-direction-of-travel-reports-sea-lng/): As SEA-LNG reaches the milestone of its first decade, 850 LNG dual fuel vessels are now on the water and a further 642 are on order, and its Chairman Peter Keller tells ship.energy that positive supply and demand signals for biomethane in Europe in 2025, and growing interest in North America, serve to reinforce LNG’s
- [IEA’s Birol highlights shift to 'buyer's market' for key fuels and technologies](https://ship.energy/industry-insights/ieas-birol-highlights-shift-to-buyers-market-for-key-fuels-and-technologies/): Fatih Birol, Executive Director of the International Energy Agency (IEA), has set out ‘seven certainties about energy for this age of uncertainty’ which include continued growth in renewables, a resurgence for nuclear power, greater energy security risks, and ‘ample’ manufacturing capacity for technologies such as batteries and solar panels – at least in the near
- [LR issues Guidance Notes for onboard hydrogen generation](https://ship.energy/industry-insights/lr-issues-guidance-notes-for-onboard-hydrogen-generation/): Lloyd’s Register’s (LR) new Guidance Notes, published today (2 February) provide technical direction for the design, installation and integration of onboard hydrogen generators. The Guidance Notes have been developed in response to increasing interest from shipowners, yards and technology developers in producing hydrogen onboard using alternative fuels such as LNG, methanol and ammonia. As explained
- [MEBC addresses ‘high risk, low reward’ market for bunkering](https://ship.energy/industry-insights/mebc-conference-addresses-high-risk-low-reward-market-for-bunkering/): As the Middle East Bunkering Convention (MEBC26) got underway in Dubai this morning (3 February), the overriding sentiment among the 150+ delegates was of heightened uncertainty and far greater risk in shipping and bunker markets, both in the Middle East and worldwide. Setting the scene in Dubai, conference Chair, Llewellyn Bankes-Hughes, suggested that the conference
- [Three new partners for Preston Turnbull](https://ship.energy/industry-insights/three-new-partners-for-preston-turnbull/): London-based law firm Preston Turnbull has announced the appointment of three new Partners. Commercial lawyer Omer Aral and dispute resolution lawyer Scarlett Dixon have been promoted internally while David McKie has joined from CMS to strengthen the company’s marine insurance division. ‘I’m thrilled to be joining Preston Turnbull as the firm continues to go from
- [Bureau Veritas VeriFuel releases Q2 2025 fuel quality findings](https://ship.energy/industry-insights/bureau-veritas-verifuel-releases-q2-2025-fuel-quality-findings/): In its round up of its fuel sampling results for the second quarter of the year, Bureau Veritas VeriFuel reports that the percentage of off-spec very low sulphur fuel oil (VLSFO) samples with cat fines greater than 30 mg/kg increased from 30.4% in Q1 to 40.5%, while for high sulphur fuel oil (HSFO), such cases
- [ISSC sets up working group on 'high risk' feedstocks for biofuels](https://ship.energy/industry-insights/issc-sets-up-working-group-on-high-risk-feedstocks-for-biofuels/): The International Sustainability and Carbon Certification (ISCC) organisation has established a technical working group with the aim of developing analytical approaches to detect the characteristics of high-risk feedstock used in biofuels, starting with used cooking oil (UCO), and then deploying these methods to ensure the integrity of its certified supply chains. The working group, titled
- [INTERVIEW: Repsol’s Alvaro San Pedro: We will be ready to supply bio-methanol by barge in Barcelona in Q1 2026 ](https://ship.energy/industry-insights/interview-repsols-alvaro-san-pedro-we-will-be-ready-to-supply-bio-methanol-by-barge-in-barcelona-in-q1-2026/): Earlier this year, Spanish energy company Repsol announced it was investing more than €800 million in a project to produce renewable and circular methanol from waste through gasification in Tarragona. And while that facility will not start producing fuel until 2029, from next year, Repsol will begin supplying bio-methanol via two new 8,000 cubic tonnes-capacity
- [INTERVIEW: Full disclosure](https://ship.energy/industry-insights/interview-full-disclosure/): From Excel spreadsheets to AI and optical recognition, Marcus Schaerer explains to Lesley Bankes-Hughes how the Shell LubeMonitor service has evolved to offer vessel operators the opportunity to switch from time-based to condition-based engine maintenance – saving time and money. An idle vessel impacts on a vessel owner’s profitability and taking a ship out of
- [Copenhagen decarbonisation hub and Chile extend partnership on green corridors](https://ship.energy/industry-insights/copenhagen-decarbonisation-hub-and-chile-extend-partnership-on-green-corridors/): The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center) and the Chilean Ministries of Energy have signed a Memorandum of Understanding (MoU) to further expand their collaboration focusing on the development of green corridors. The signing ceremony, held at the annual Accelerate Summit in Copenhagen, was attended by Chilean Minister of Energy, Diego
- [Launch of first ‘cradle to grave’ carbon emissions assessment of a newbuild](https://ship.energy/industry-insights/launch-of-first-cradle-to-grave-carbon-emissions-assessment-of-a-newbuild/): Lloyd’s Register (LR), Knutsen, HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI) are taking part in a study as part of a Joint Development Project (JDP) to measure carbon emissions across the full life cycle of a newbuild LNG carrier. The JDP is said to be the first maritime
- [Cri de coeur](https://ship.energy/industry-insights/cri-de-coeur/): The voluntary carbon allowance market may have lost some of its decarbonisation ‘lustre’ but, with global warming becoming an increasingly pressing issue, Mark Williams argues that it should be all hands on deck to tackle the climate crisis. This week, Singapore has opened its voluntary carbon exchange, ‘Climate Impact X’ (CIX), as it vies to
- [Say No to LNG campaign lambasts corporate giants for ‘greenwashing’](https://ship.energy/industry-insights/say-no-to-lng-campaign-lambasts-corporate-giants-for-greenwashing/): Ahead of the meeting of the Marine Environment Protection Committee (MEPC 80) next month, the Say No to LNG campaign has criticised companies such as TotalEnergies and CMA CGM for ‘actively promoting and greenwashing LNG as a “clean” shipping fuel across multiple industries, including maritime shipping.’ As previously reported, the campaign, which was formally launched
- [New Sea Cargo Charter report shows climate alignment of signatories’ chartering ops](https://ship.energy/industry-insights/new-sea-cargo-charter-report-shows-climate-alignment-of-signatories-chartering-ops/): Of the 33 signatories to the Sea Cargo Charter that disclosed the climate alignment of their chartering activities in 2022, 14 demonstrated that their activities were aligned with the IMO’s initial greenhouse strategy and Golden Agri – in its first year of reporting – achieved the ‘top’ score of -21.8% The Sea Cargo Charter was
- [Nautilus Labs launches Green Charter to ‘transform’ charterparty agreements](https://ship.energy/industry-insights/nautilus-labs-launches-green-charter-to-transform-charterparty-agreements/): Describing legacy charterparty agreements as ‘outdated, rigid commercial structures that have remained unchanged over generations, despite quantum leaps in technology’, tech firm Nautilus Labs has launched Green Charter, which uses machine learning-based data streams to create new legal frameworks within charterparty agreements. The current raft of charterparty agreements foster ‘misaligned incentives, hinder collaboration, impede efficiency,
- [Lifetime fuel costs for regulatory compliance are lower with LNG, says SEA-LNG](https://ship.energy/industry-insights/lifetime-fuel-costs-for-regulatory-compliance-are-lower-with-lng-says-sea-lng/): New analysis from industry coalition SEA-LNG claims to show that the lifetime fuel costs for achieving compliance with new European regulations, such as FuelEU Maritime, will, for LNG-fuelled vessels, be around half of that for ships using methanol and ammonia as bunkers. Building on recent work by the Mærsk Mc-Kinney Møller Center for Zero Carbon
- [Spoilt for choice](https://ship.energy/industry-insights/spoilt-for-choice/): As yet, a clear way forwards to a zero-carbon economy has not presented itself, says Mark Williams. There’s a raft of choices - commercial, political, personal – but they all have downsides and can come with a heavy cost. At the Monaco branch of the Propeller Club’s summer party this week they got the drinks
- [Canada could reap benefits through investment in sustainable infrastructure](https://ship.energy/industry-insights/canada-could-reap-benefits-through-investment-in-sustainable-infrastructure/): A new study from consultancy Arup, together with Lloyd’s Register’s (LR) Maritime Decarbonisation Hub, highlights ‘the many benefits’ that Canada could gain by spending on infrastructure that would enable the uptake of low and zero emissions shipping fuels. The study, titled The Canadian Green Shipping Corridor Assessment, was commissioned by Oceans North, a charity that
- [OSK Design appointed technical project manager for new Danish research vessel](https://ship.energy/industry-insights/osk-design-appointed-technical-project-manager-for-new-danish-research-vessel/): The Technical University of Denmark (DTU) has awarded OSK Design a contract for the technical project management of Dana V, Denmark’s new research vessel which will be used for training purposes and for testing new green ship solutions. Dana V will replace Dana IV, which is over 40 years old and Denmark’s only research ship
- [New report sets out shipping’s GHG emissions abatement potential by 2030](https://ship.energy/industry-insights/new-report-sets-out-shippings-ghg-emissions-abatement-potential-by-2030/): A new report by CE Delft, commissioned by NGOs Transport & Environment, Seas at Risk, Ocean Conservancy and Pacific Environment, has found that it would be possible to reduce shipping’s greenhouse gas (GHG) emissions by 28-47% by 2030, relative to 2008, if all the ships in the global fleet use a number of technical and
- [New study details risk mitigation measures for ammonia-fuelled ships](https://ship.energy/industry-insights/new-study-details-risk-mitigation-measures-for-ammonia-fuelled-ships/): A joint study into the use of ammonia as a bunker fuel, undertaken by the Lloyd’s Register (LR) Maritime Decarbonisation Hub and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), has determined that a range of mitigation methods are required to keep toxicity risks to crew within published tolerable limits. ‘Recommendations for Design
## Industry Moves
- [Rodrigo Acuña Roebel](https://ship.energy/industry-moves/rodrigo-acuna-roebel/)
- [Christian Mazid](https://ship.energy/industry-moves/christian-mazid/)
- [Cornelius Larsen](https://ship.energy/industry-moves/cornelius-larsen/)
- [Paola Prieto](https://ship.energy/industry-moves/paola-prieto/)
- [Mark Rizzo](https://ship.energy/industry-moves/mark-rizzo/)
- [Soo Yong Koo](https://ship.energy/industry-moves/soo-yong-koo/)
- [Oilmar FZCO](https://ship.energy/industry-moves/oilmar-fzco/)
- [Sauabh Sahni](https://ship.energy/industry-moves/sauabh-sahni/)
- [Priya Choudhary](https://ship.energy/industry-moves/priya-choudhary/)
- [Erge Basak Unsal](https://ship.energy/industry-moves/erge-basak-unsal/)
- [Zoher Khambati](https://ship.energy/industry-moves/zoher-khambati/)
- [Carl Moreton](https://ship.energy/industry-moves/carl-moreton/)
- [Dimitris Mertikas](https://ship.energy/industry-moves/dimitris-mertikas-2/)
- [Ines Trellis Effinger](https://ship.energy/industry-moves/ines-trellis-effinger/)
- [Sotirios Tsesmelis](https://ship.energy/industry-moves/sotirios-tsesmelis/)
- [Tasos Aliferis](https://ship.energy/industry-moves/tasos-aliferis-2/)
- [Astrid Sonneveld](https://ship.energy/industry-moves/astrid-sonneveld/)
- [Christian Jones](https://ship.energy/industry-moves/christian-jones/)
- [Aiga Milca-Lauritzen](https://ship.energy/industry-moves/aiga-milca-lauritzen-2/)
- [Lars Malmbratt](https://ship.energy/industry-moves/lars-malmbratt/)
- [Lina Molfetas](https://ship.energy/industry-moves/lina-molfetas/)
- [Charlotte Vere](https://ship.energy/industry-moves/charlotte-vere/)
- [Vanessa Garavito Arevalo](https://ship.energy/industry-moves/vanessa-garavito-arevalo/)
- [Carolina Herrera](https://ship.energy/industry-moves/carolina-herrera/)
- [James Lunday](https://ship.energy/industry-moves/james-lunday/)
- [Sara Brady](https://ship.energy/industry-moves/sara-brady/)
- [Michael Bergendorff](https://ship.energy/industry-moves/michael-bergendorff-2/)
- [FLEX Commodities](https://ship.energy/industry-moves/flex-commodities/)
- [Ron Wong](https://ship.energy/industry-moves/ron-wong/)
- [Raghida Abou Serhal](https://ship.energy/industry-moves/raghida-abou-serhal/)
- [Colin Holloway](https://ship.energy/industry-moves/colin-holloway/)
- [Daniel Morales Burgess](https://ship.energy/industry-moves/daniel-morales-burgess/)
- [Marijan Bajlo](https://ship.energy/industry-moves/marijan-bajlo/)
- [Carlos Caballero Oguiza](https://ship.energy/industry-moves/carlos-caballero-oguiza/)
- [Linus Van Hoogten](https://ship.energy/industry-moves/linus-van-hoogten/)
- [Johan Mintjes](https://ship.energy/industry-moves/johan-mintjes/)
- [Marcel Vormeer](https://ship.energy/industry-moves/marcel-vormeer/)
- [Martijn van den Berg](https://ship.energy/industry-moves/martijn-van-den-berg/)
- [Mazlum Unutmaz](https://ship.energy/industry-moves/mazlum-unutmaz/)
- [Ivy Chong Esbensen](https://ship.energy/industry-moves/ivy-chong-esbensen/)
- [Anders Eiken](https://ship.energy/industry-moves/anders-eiken/)
- [Mikkel Kannegaard](https://ship.energy/industry-moves/mikkel-kannegaard/)
- [Yeva Wood](https://ship.energy/industry-moves/yeva-wood/)
- [Victoria Elsie Nektheden Johansen](https://ship.energy/industry-moves/victoria-elsie-nektheden-johansen-2/)
- [Michelle McDade](https://ship.energy/industry-moves/michelle-mcdade-2/)
- [Andy Graham](https://ship.energy/industry-moves/andy-graham/)
- [Owen Bourke](https://ship.energy/industry-moves/owen-bourke/)
- [Daniel Cheverall](https://ship.energy/industry-moves/daniel-cheverall/)
- [David Ortiz](https://ship.energy/industry-moves/david-ortiz/)
- [Shubh Jaiswal](https://ship.energy/industry-moves/shubh-jaiswal/)
- [Çağla Altay](https://ship.energy/industry-moves/cagla-altay/)
- [Mehmet Ali Tartici](https://ship.energy/industry-moves/mehmet-ali-tartici/)
- [Rajdeep Taiterway](https://ship.energy/industry-moves/rajdeep-taiterway/)
- [Anthony Inglis](https://ship.energy/industry-moves/anthony-inglis/)
- [Günay Turan](https://ship.energy/industry-moves/gunay-turan/)
- [Oğuz Yazici](https://ship.energy/industry-moves/oguz-yazici/)
- [Tinne Wouters](https://ship.energy/industry-moves/tinne-wouters/)
- [Valerie Ahrens](https://ship.energy/industry-moves/valerie-ahrens/)
- [Michael Kietz](https://ship.energy/industry-moves/michael-kietz/)
- [Daniel Woods](https://ship.energy/industry-moves/daniel-woods/)
- [Michael Korsager Nielsen](https://ship.energy/industry-moves/michael-korsager-nielsen/)
- [Joe Mifsud](https://ship.energy/industry-moves/joe-mifsud/)
- [Sascha Luna](https://ship.energy/industry-moves/sascha-luna/)
- [Saurabh Sahni](https://ship.energy/industry-moves/saurabh-sahni/)
- [Christoffer Edwards](https://ship.energy/industry-moves/christoffer-edwards/)
- [Kim Gade](https://ship.energy/industry-moves/kim-gade/)
- [Panagiotis Kouvedakis](https://ship.energy/industry-moves/panagiotis-kouvedakis/)
- [Can Besev](https://ship.energy/industry-moves/can-besev/)
- [Katsipis Manos](https://ship.energy/industry-moves/katsipis-manos/)
- [Christophe Rooman](https://ship.energy/industry-moves/christophe-rooman/)
- [Izaak van Deurzen](https://ship.energy/industry-moves/izaak-van-deurzen/)
- [Stelios Krasanakis](https://ship.energy/industry-moves/stelios-krasanakis-previously-with-shipergyhas-joined-propeller-fuels-as-a-bunker-traderin-london-tel-44-20-3773-3101-emailsalespropellerfuels-com/)
- [Seva Tkachenko](https://ship.energy/industry-moves/seva-tkachenko/)
- [Mikkel Marconi](https://ship.energy/industry-moves/mikkel-marconi/)
- [Michelle McDade](https://ship.energy/industry-moves/michelle-mcdade/)
- [Sue Appleyard](https://ship.energy/industry-moves/sue-appleyard/)
- [Emilia Donovan](https://ship.energy/industry-moves/emilia-donovan/)
- [Christian Vandvig Finnerup](https://ship.energy/industry-moves/christian-vandvig-finnerup/)
- [Keith Richardson](https://ship.energy/industry-moves/keith-richardson/)
- [Wilson Tang](https://ship.energy/industry-moves/wilson-tang/)
- [Eunice Low](https://ship.energy/industry-moves/eunice-low/)
- [Mandy Wong](https://ship.energy/industry-moves/mandy-wong/)
- [Dova Amos](https://ship.energy/industry-moves/dova-amos-2/)
- [Chris Turner](https://ship.energy/industry-moves/chris-turner/)
- [Neethu Varghese](https://ship.energy/industry-moves/neethu-varghese/)
- [Raffaella Benvenuto](https://ship.energy/industry-moves/raffaella-benvenuto/)
- [Dimitris Mertikas](https://ship.energy/industry-moves/dimitris-mertikas/)
- [Daria Sukhanova](https://ship.energy/industry-moves/daria-sukhanova/)
- [Marianna Doumouliaka](https://ship.energy/industry-moves/marianna-doumouliaka/)
- [Maria Eliseeva](https://ship.energy/industry-moves/maria-eliseeva/)
- [Maria Maroussaki](https://ship.energy/industry-moves/maria-maroussaki/)
- [Katerina Sarakioti.](https://ship.energy/industry-moves/katerina-sarakioti/)
- [Jaime Armengol Smith](https://ship.energy/industry-moves/jaime-armengol-smith/)
- [Gaudis Fuentes Mora](https://ship.energy/industry-moves/gaudis-fuentes-mora/)
- [Ilke Bekem](https://ship.energy/industry-moves/ilke-bekem/)
- [Dennis Pronk](https://ship.energy/industry-moves/dennis-pronk/)
- [Lana Sissing](https://ship.energy/industry-moves/lana-sissing/)
- [Patrick Benink](https://ship.energy/industry-moves/patrick-benink/)
- [Aiga Milca-Lauritzen](https://ship.energy/industry-moves/aiga-milca-lauritzen/)
- [Per Funch-Nielsen](https://ship.energy/industry-moves/per-funch-nielsen/)
- [James Shiller](https://ship.energy/industry-moves/james-shiller/)
- [Claire-Celine Bausager Jørgensen](https://ship.energy/industry-moves/claire-celine-bausager-jorgensen/)
- [Maria Skipper Schwenn](https://ship.energy/industry-moves/maria-skipper-schwenn/)
- [Henrik Zederk and Mikkel Soholm Vestergaard](https://ship.energy/industry-moves/henrik-zederk-and-mikkel-soholm-vestergaard/)
- [Frederik Moser](https://ship.energy/industry-moves/frederik-moser/)
- [Maria Sigal](https://ship.energy/industry-moves/maria-sigal/)
- [Oksana Tkatsenko](https://ship.energy/industry-moves/oksana-tkatsenko/)
- [Marina Gussev](https://ship.energy/industry-moves/marina-gussev/)
- [Kristian Kihle](https://ship.energy/industry-moves/kristian-kihle/)
- [Tarek Almualem](https://ship.energy/industry-moves/tarek-almualem/)
- [Hernán Ortiz](https://ship.energy/industry-moves/hernan-ortiz/)
- [Andreas Jensen](https://ship.energy/industry-moves/andreas-jensen/)
- [Tom Ireland](https://ship.energy/industry-moves/tom-ireland/)
- [Tim Bonett](https://ship.energy/industry-moves/tim-bonett/)
- [Anthony Loggia](https://ship.energy/industry-moves/anthony-loggia/)
- [Pritam Singh](https://ship.energy/industry-moves/pritam-singh/)
- [Mithat Ciftcioglu](https://ship.energy/industry-moves/mithat-ciftcioglu/)
- [Athalia Kooslarto](https://ship.energy/industry-moves/athalia-kooslarto/)
- [Ashley Lim](https://ship.energy/industry-moves/ashley-lim/)
- [Jonalyn Diaz](https://ship.energy/industry-moves/jonalyn-diaz/)
- [Michael Bruno-Sorensen](https://ship.energy/industry-moves/michael-bruno-sorensen/)
- [Derya Dikgoz](https://ship.energy/industry-moves/derya-dikgoz/)
- [Ajay Menon](https://ship.energy/industry-moves/ajay-menon-2/)
- [Sajjad Rehman](https://ship.energy/industry-moves/sajjad-rehman/)
- [Tassos Spyrellis](https://ship.energy/industry-moves/tassos-spyrellis/)
- [Nina Janse van Rensburg](https://ship.energy/industry-moves/nina-janse-van-rensburg/)
- [Marie Steenkamp](https://ship.energy/industry-moves/marie-steenkamp/)
- [Cemil Unsal](https://ship.energy/industry-moves/cemil-unsal/)
- [Peri Sima Antalyali](https://ship.energy/industry-moves/peri-sima-antalyali/)
- [Nazli Hamoglu](https://ship.energy/industry-moves/nazli-hamoglu/)
- [Danae Aliaga](https://ship.energy/industry-moves/danae-aliaga/)
- [Nikolas Giannos](https://ship.energy/industry-moves/nikolas-giannos/)
- [Apostolos Papatheodorou](https://ship.energy/industry-moves/apostolos-papatheodorou/)
- [Alvaro Sierra Navarro](https://ship.energy/industry-moves/alvaro-sierra-navarro/)
- [Veronica Ducoure](https://ship.energy/industry-moves/veronica-ducoure-2/)
- [Peder Moller & Nicolai Troen](https://ship.energy/industry-moves/peder-moller/)
- [Gert and Yolanda Nell](https://ship.energy/industry-moves/gert-and-yolanda-nell/)
- [James Taylor](https://ship.energy/industry-moves/james-taylor/)
- [Ida Marie Ryberg](https://ship.energy/industry-moves/ida-marie-ryberg/)
- [Marina Hartwell](https://ship.energy/industry-moves/marina-hartwell/)
- [Mehmet Özgür Yaycıoğlu](https://ship.energy/industry-moves/mehmet-ozgur-yaycioglu/)
- [Salla Suominen](https://ship.energy/industry-moves/salla-suominen/)
- [Michael Behmerburg](https://ship.energy/industry-moves/michael-behmerburg/)
- [Adam Russell](https://ship.energy/industry-moves/adam-russell/)
- [Tom Coffey](https://ship.energy/industry-moves/tom-coffey/)
- [Gaudis Fuentes Mora](https://ship.energy/industry-moves/gaudis-fuentes-mora-2/)
- [Lory Urdaneta](https://ship.energy/industry-moves/lory-urdaneta/)
- [Dova Amos](https://ship.energy/industry-moves/dova-amos/)
- [Kimihiro Kido](https://ship.energy/industry-moves/kimihiro-kido/)
- [Paul Jrs Rezos Meza, Prathap Saminathan, and Zeynep Grassaloglu](https://ship.energy/industry-moves/paul-jrs-rezos-meza-prathap-saminathan-and-zeynep-grassaloglu/)
- [Mohd Aadil Khan](https://ship.energy/industry-moves/mohd-aadil-khan/)
- [HRH Abdulaziz Al Saud bin Turki and Chris Todd](https://ship.energy/industry-moves/hrh-abdulaziz-al-saud-bin-turki-and-chris-todd/)
- [Neslihan Parameritis](https://ship.energy/industry-moves/neslihan-parameritis/)
- [Andreas Hadjimichael](https://ship.energy/industry-moves/andreas-hadjimichael/)
- [Christos Constantine Tsigkopoulos](https://ship.energy/industry-moves/christos-constantine-tsigkopoulos/)
- [Madrid-based Carlos Caballero Oguiza](https://ship.energy/industry-moves/madrid-based-carlos-caballero-oguiza/)
- [Ken De Bisschop](https://ship.energy/industry-moves/ken-de-bisschop/)
- [Robin van Elderen](https://ship.energy/industry-moves/robin-van-elderen/)
- [Nina Russmann](https://ship.energy/industry-moves/nina-russmann/)
- [Florian Reidel](https://ship.energy/industry-moves/florian-reidel/)
- [Victoria Elsie Nektheden Johansen](https://ship.energy/industry-moves/victoria-elsie-nektheden-johansen/)
- [Valery Vdovina](https://ship.energy/industry-moves/valery-vdovina/)
- [Alex Bointon](https://ship.energy/industry-moves/alex-bointon/)
- [Elena Wilson](https://ship.energy/industry-moves/elena-wilson/)
- [Christoffer Pedersen](https://ship.energy/industry-moves/christoffer-pedersen/)
- [Ajay Menon](https://ship.energy/industry-moves/ajay-menon/)
- [Grant Lyon](https://ship.energy/industry-moves/grant-lyon/)
- [Jennifer Wang](https://ship.energy/industry-moves/jennifer-wang/)
- [Michael Bergendorff](https://ship.energy/industry-moves/michael-bergendorff/)
- [Dinkar Notani](https://ship.energy/industry-moves/dinkar-notani/)
- [Chris Young](https://ship.energy/industry-moves/chris-young/)
- [Vasileios Analytis](https://ship.energy/industry-moves/vasileios-analytis/)
- [Nancy Ndlovu](https://ship.energy/industry-moves/nancy-ndlovu/)
- [Seascale Energy](https://ship.energy/industry-moves/seascale-energy/)
- [Dimitris Arvanitantonis](https://ship.energy/industry-moves/dimitris-arvanitantonis/)
- [Maria Kritikou](https://ship.energy/industry-moves/maria-kritikou/)
- [Paris Gkitnos](https://ship.energy/industry-moves/paris-gkitnos/)
- [Lorenzo Buffoni](https://ship.energy/industry-moves/lorenzo-buffoni/)
- [Nicolaj Splidt Jakobsen](https://ship.energy/industry-moves/nicolaj-splidt-jakobsen/)
- [Maria Ribeiro](https://ship.energy/industry-moves/maria-ribeiro/)
- [Kim Post Hansen](https://ship.energy/industry-moves/kim-post-hansen/)
- [Mark Hjort](https://ship.energy/industry-moves/mark-hjort/)
- [Neal Bolton](https://ship.energy/industry-moves/neal-bolton/)
- [Søren Høll](https://ship.energy/industry-moves/soren-holl/)
- [Howell Jones](https://ship.energy/industry-moves/howell-jones/)
- [Michael Horne](https://ship.energy/industry-moves/michael-horne/)
- [Cees Avezaat](https://ship.energy/industry-moves/cees-avezaat/)
- [Marcus Terpet](https://ship.energy/industry-moves/marcus-terpet/)
- [Mike Parrent & Elisha Frank](https://ship.energy/industry-moves/mike-parrent/)
- [James Lim](https://ship.energy/industry-moves/james-lim/)
- [Sei Hong](https://ship.energy/industry-moves/sei-hong/)
- [Jehan Rodrigo](https://ship.energy/industry-moves/jehan-rodrigo/)
- [Dirk de Bruyn](https://ship.energy/industry-moves/dirk-de-bruyn/)
- [Nikolaos Lazarikos](https://ship.energy/industry-moves/nikolaos-lazarikos/)
- [Farid Babayev](https://ship.energy/industry-moves/farid-babayev/)
- [Kido Kimihiro & Varghese Jenin Jacob](https://ship.energy/industry-moves/kido-kimihiro-varghese-jenin-jacob/)
- [Domun Sharma](https://ship.energy/industry-moves/domun-sharma/)
- [Andrew Mandilaras](https://ship.energy/industry-moves/andrew-mandilaras/)
- [Johan Saerens](https://ship.energy/industry-moves/johan-saerens/)
- [Alexandre Wendhausen](https://ship.energy/industry-moves/alexandre-wendhausen/)
- [Ronald Oudmaijer & Arthur Janssen](https://ship.energy/industry-moves/ronald-oudmaijer-arthur-janssen/)
- [Kiss Bredgaard Hansen](https://ship.energy/industry-moves/kiss-bredgaard-hansen/)
- [Markus Sleman Andersen & Emil Børresen](https://ship.energy/industry-moves/markus-sleman-andersen-emil-borresen/)
- [Nicolai Troen](https://ship.energy/industry-moves/nicolai-troen/)
- [Eugenia Benavides](https://ship.energy/industry-moves/eugenia-benavides/)
- [Robert Love](https://ship.energy/industry-moves/robert-love/)
- [Kimberley Westmoreland](https://ship.energy/industry-moves/kimberley-westmoreland/)
- [Tammi Ingannamorte](https://ship.energy/industry-moves/tammi-ingannamorte/)
- [Travis Tey](https://ship.energy/industry-moves/travis-tey/)
- [Sonnich Thomsen](https://ship.energy/industry-moves/sonnich-thomsen/)
- [Grace Ong](https://ship.energy/industry-moves/grace-ong/)
- [Christian Laurenborg](https://ship.energy/industry-moves/christian-laurenborg/)
- [Phinu Philip](https://ship.energy/industry-moves/phinu-philip/)
- [Anders Bonnelykke](https://ship.energy/industry-moves/anders-bonnelykke/)
- [Tenaz Postwala](https://ship.energy/industry-moves/tenaz-postwala/)
- [Aleyna Yesim Dulger](https://ship.energy/industry-moves/aleyna-yesim-dulger/)
- [Shahid Malik](https://ship.energy/industry-moves/shahid-malik/)
- [Kaman Singh, Amit Dingwani & Shrot Gupta](https://ship.energy/industry-moves/kaman-singh-amit-dingwani-shrot-gupta/)
- [Rohit Singh & Shubhanshu Chaturvedi](https://ship.energy/industry-moves/rohit-singh-shubhanshu-chaturvedi/)
- [Nazihah Timol](https://ship.energy/industry-moves/nazihah-timol/)
- [Elena Christodoulidou](https://ship.energy/industry-moves/elena-christodoulidou/)
- [Tasos Aliferis](https://ship.energy/industry-moves/tasos-aliferis/)
- [Cláudia Tavares Rodrigues](https://ship.energy/industry-moves/claudia-tavares-rodrigues/)
- [Verónica Ducouré](https://ship.energy/industry-moves/veronica-ducoure/)
- [Pedro Guerra Rodriguez](https://ship.energy/industry-moves/pedro-guerra-rodriguez/)
- [Massimiliano Forlani](https://ship.energy/industry-moves/massimiliano-forlani/)
- [Davide Anghioni](https://ship.energy/industry-moves/davide-anghioni/)
- [Lars Döring](https://ship.energy/industry-moves/lars-doring/)
- [Julia Tyurenkova](https://ship.energy/industry-moves/julia-tyurenkova/)
- [Michael Stig Nielsen](https://ship.energy/industry-moves/michael-stig-nielsen/)
- [William Cline](https://ship.energy/industry-moves/william-cline/)
- [Jim Gilligan](https://ship.energy/industry-moves/jim-gilligan/)
- [Anthony Odak](https://ship.energy/industry-moves/anthony-odak/)
- [Daniel Kua](https://ship.energy/industry-moves/daniel-kua/)
- [Jun Inoue & Jonas Andersen](https://ship.energy/industry-moves/monjasa-3/)
- [Chantale Nasr](https://ship.energy/industry-moves/chantale-nasr/)
- [Deepak Dharwal](https://ship.energy/industry-moves/deepak-dharwal/)
- [Aris Altintzis](https://ship.energy/industry-moves/aris-altintzis/)
- [Alfred William Poulsen](https://ship.energy/industry-moves/alfred-william-poulsen/)
- [Fadi Janho](https://ship.energy/industry-moves/fadi-janho/)
- [Giannis Lazarou](https://ship.energy/industry-moves/giannis-lazarou/)
- [Jocelyne Hasemaki](https://ship.energy/industry-moves/jocelyne-hasemaki/)
- [Li Yun Chang](https://ship.energy/industry-moves/li-yun-chang/)
- [Oliver Brix Sparsø](https://ship.energy/industry-moves/oliver-brix-sparso/)
- [Bjarke Poulsen](https://ship.energy/industry-moves/bjarke-poulsen/)
- [Lucas Volkinsfeld](https://ship.energy/industry-moves/lucas-volkinsfeld/)
- [Christian Dahlgaard](https://ship.energy/industry-moves/christian-dahlgaard/)
- [Tunca Ayyildiz](https://ship.energy/industry-moves/tunca-ayyildiz/)
- [Stine Heeser Nielsen](https://ship.energy/industry-moves/stine-heeser-nielsen/)
- [Conor Kilgallon](https://ship.energy/industry-moves/conor-kilgallon/)
- [Ole Morten Jota](https://ship.energy/industry-moves/ole-morten-jota/)
- [Martin Christian Wold](https://ship.energy/industry-moves/martin-christian-wold/)
- [Dorthe Bendtsen](https://ship.energy/industry-moves/dorthe-bendtsen/)
- [Benedict Barlow](https://ship.energy/industry-moves/benedict-barlow/)
- [Anette Kaalstad](https://ship.energy/industry-moves/anette-kaalstad/)
- [Anders Gronberg, Christoffer Berg Larsen and Peder Moller](https://ship.energy/industry-moves/anders-gronberg-christoffer-berg-larsen-and-peder-moller/)
## Magazine Features
- [Built to deliver](https://ship.energy/magazine-features/built-to-deliver/): The debate over shipping’s energy future unfolds in United Nations plenaries focused solely on the ship, asking which architecture will prevail and which fuel will power the deep‑sea fleet of 2050. Necessary questions, but incomplete ones. Every candidate fuel, whether ammonia, methanol, hydrogen, or electricity itself, is first a landside proposition, produced, moved, stored, and
- [Financing the transition](https://ship.energy/magazine-features/financing-the-transition/): The approval of the International Maritime Organization’s (IMO) Net-Zero Framework (NZF) in April 2025 is seen by many as a breakthrough for the energy transition of international shipping. A key component of the NZF is a price on greenhouse gas (GHG) emissions from ships that do not meet a two-tiered GHG fuel intensity standard. Crucially,
- [Risk criteria](https://ship.energy/magazine-features/risk-criteria/): Despite years of debate around alternative fuels, few projects have attempted to install hydrogen propulsion on existing vessels. Newbuilds can be designed around fuel storage, ventilation, machinery layouts and safety systems from the outset. Retrofitting a ship designed decades earlier is a very different challenge. That is what makes the conversion of the 25-year-old research
- [Shipping’s certainty illusion](https://ship.energy/magazine-features/shippings-certainty-illusion/): At the end of February, Brent was trading at $72 a barrel. By the end of March, it reached nearly $120 a barrel. ICE Gasoil front-month moved more than $400 a metric tonne (mt) in a fortnight. Low sulphur marine gasoil (LSMGO) in Singapore briefly disappeared from the spot market altogether. Iraq, Oman, Bahrain and
- [Learning from China](https://ship.energy/magazine-features/learning-from-china/): If there is one market that illustrates how quickly renewable methanol is moving from ambition to commercial reality, it is China. As the world’s largest methanol producer and one of the most important markets for international shipping, developments in China increasingly shape the direction of the global maritime transition. China’s progress demonstrates that renewable methanol
- [Ready to grow](https://ship.energy/magazine-features/ready-to-grow/): A declining share of ship owners are willing to pay more for low-carbon shipping within the next five years, with a belief that the fuel costs are too high relative to their benefits. Even for those ship owners now adding methanol dual-fuel capable vessels to their fleets, the volume of methanol and particularly renewable methanol
- [Call to action](https://ship.energy/magazine-features/call-to-action/): Over the past four years, the maritime industry has experienced sustained market volatility driven by ongoing geopolitical events, which have had significant impacts throughout the global supply chain. The Russia – Ukraine conflict in 2022, combined with sustained disruption in the Red Sea, has already placed significant strain on operating expenditure. These events have constrained
- [Logical equivalence](https://ship.energy/magazine-features/logical-equivalence/): Earlier this summer, Eurogas published ‘Renewable Shipping Fuel Supply at Risk as EU Proposal Threatens Key Delivery Pathway’, a joint statement cosigned by more than 40 companies across the bio-LNG and e-LNG value chain, including shipping companies, infrastructure operators and renewable gas producers. Their message is clear: liquefaction by equivalence is one of the most
- [The real alternative](https://ship.energy/magazine-features/the-real-alternative/): The maritime industry is focused on developing alternative fuels and energy sources to replace carbon-emitting fossil fuels. Multiple options are under consideration, including ammonia, methanol, hydrogen, battery and nuclear. What these options have in common is that they will be significantly more expensive than the fossil fuels they replace and present more challenging handling and
- [Same price, different value](https://ship.energy/magazine-features/same-price-different-value/): Every fuel buyer knows the satisfaction of winning on price. You push the supplier, you hold out, you take a few dollars off the tonne, and you book the stem feeling you have done your job. Here is the uncomfortable part. You can win that negotiation to the last cent and still overpay, because the
- [Decarbonisingby the book](https://ship.energy/magazine-features/decarbonisingby-the-book/): The global shipping industry is estimated to require around $4 trillion in investment by 2050 to complete its energy transition and reach net zero. However, shipping is not alone; the magnitude of the challenge is similar in other hard-to-abate industries. Aviation, when accounting for the full warming impact of NOx contrails, contributes roughly 4% of
- [Rethinking data flow](https://ship.energy/magazine-features/rethinking-data-flow/): Data quality is as much of a commercial variable as it is a regulatory obligation. Clean, verified data shapes charter negotiations, influences access to financing, and, depending on the regulatory jurisdiction, can directly determine whether a ship can operate at all. The regulatory landscape has changed so fast that many operators are still catching up.
- [Pools winners](https://ship.energy/magazine-features/pools-winners/): For tanker owners occasionally operating in Europe, compliance with complex emissions regulations may make European trading opportunities seem less commercially attractive. However, some operators are managing compliance in a way that protects voyage economics, preserves capital efficiency and maintains long-term trading flexibility. The introduction of the European Union’s Emissions Trading System (EU ETS) and FuelEU
- [Surveying anew](https://ship.energy/magazine-features/surveying-anew/): The sharp convergence of geopolitical turmoil and increasing regulation is affecting both bunker availability and pricing as operators face a challenging environment for fuel logistics. This has been particularly acute in the Middle East Gulf, as a consequence of the Iran war and closure of the Strait of Hormuz. Close to 2,000 vessels and around
- [Building reality](https://ship.energy/magazine-features/building-reality/): The current geopolitical landscape is experiencing a sustained period of volatility, fragmentation, and significant disruption to global trade. As nations reassess the resilience of their supply chains, which heavily rely on a competitive marine capability, shipbuilding has re-emerged as a strategic priority, not only in terms of supporting national security, but also economic sovereignty and
- [Escaping the Matrix](https://ship.energy/magazine-features/escaping-the-matrix/): For decades, artificial intelligence (AI) belonged more to science fiction than to commercial shipping. Long before AI became a practical business tool, writers and filmmakers asked a fundamental question: what happens when machines start making decisions that people once made? You probably never thought that when you saw the films The Matrix and I, Robot
- [Go with the eFlow](https://ship.energy/magazine-features/go-with-the-eflow/): Across global supply chains, a profound shift is underway. Governments are moving decisively toward state controlled digital invoicing, replacing traditional PDF-based workflows with structured XML formats, real time clearance systems, and mandatory reporting platforms. What began as isolated national initiatives has evolved into a worldwide regulatory transformation – one that is reshaping how companies issue,
- [Beyond fuel choice](https://ship.energy/magazine-features/beyond-fuel-choice/): For several years, much of shipping’s decarbonisation debate has centred on fuel choice. LNG, methanol, ammonia, biofuels and electrification have each been presented as part of the industry’s future energy mix, and with good reason. Fuel decisions influence vessel design, infrastructure planning, compliance strategy and long-term competitiveness. They will remain central to how owners and
- [When fuel meets firewall](https://ship.energy/magazine-features/when-fuel-meets-firewall/): Bunkering has long been regarded as a logistical function, the essential act of putting fuel in ships. But that perception poses a dangerous oversight. As the global maritime industry accelerates its digital transformation, and as regulators on multiple continents close the compliance gap between physical and cyber risk, the bunker supply chain is emerging as
- [Arctic gamble](https://ship.energy/magazine-features/arctic-gamble/): For decades, Arctic shipping occupied a strange place in the maritime imagination: part geopolitical fantasy, part commercial inevitability. Climate change, shrinking ice coverage and shifting trade dynamics have steadily pushed the region from theoretical opportunity to operational reality. Now, that reality is arriving faster than many expected.The renewed focus on the Northern Sea Route (NSR)
- [The freight was fantastic….the cash flow wasn’t](https://ship.energy/magazine-features/the-freight-was-fantastic-the-cash-flow-wasnt/): For years, the tanker market has operated on a fairly comfortable assumption: published freight rates may occasionally be noisy, overexcited or faintly detached from earthly reality, but they broadly represent something a competent owner could actually go out and earn.But the recent disruption surrounding very large crude carrier (VLCC) benchmark assessments has made that assumption
- [Going digital](https://ship.energy/magazine-features/going-digital/): The global maritime industry has long proven itself capable of navigating uncertainty and complexity. Across its history, it has adapted to geopolitical disruption, regulatory change, and technological overhaul. Change remains a constant in today’s volatile operating context, and the impact is being felt from the boardroom to the engine room.Risk management isn’t just a safety
- [Unlocking peak performance](https://ship.energy/magazine-features/unlocking-peak-performance/): The global tanker and bulker fleets are getting older, and with age comes a fundamentally different set of operational priorities. Owners are no longer simply chasing peak performance. They are managing accumulated wear, controlling cost exposure, and extending the commercial life of assets well beyond their original expectations.The average bulk carrier has aged from around
- [Don’t getdragged down!](https://ship.energy/magazine-features/dont-getdragged-down/): Long-term decarbonisation strategies remain one of the industry’s biggest challenges. The agenda is increasingly shaped by future fuels, new vessel designs, and next-generation propulsion systems. While these innovations are essential for achieving net zero ambitions, they also involve significant costs and risks, as well as complex infrastructure requirements, and long implementation timelines.There also remains a
- [When a plan comes together](https://ship.energy/magazine-features/when-a-plan-comes-together-2/): In the world of maritime innovation, the spotlight often falls on the hardware: the gleaming towers of wind-propulsion technology, the aerodynamic breakthroughs, the promises of fuel savings and emissions reductions. But behind every successful deployment lies a quieter, less glamorous but mission-critical discipline: installation engineering.Installation engineering is rarely the headline, but it is the single
- [Cellular evolution](https://ship.energy/magazine-features/cellular-evolution/): The maritime industry is increasingly seeking ways to move away from fossil fuels and decarbonise operations. Fuel cells are emerging not as a single solution, but as a flexible electrification platform capable of supporting multiple decarbonisation pathways. Whether replacing auxiliary engines, supporting primary propulsion, or providing shore-side power, fuel cells offer shipowners and port operators
- [Go low, go now!](https://ship.energy/magazine-features/go-low-go-now/): The shipping industry is moving forward in its transition, with several fuel pathways being explored in parallel, each with its own opportunities and constraints. How these evolve will shape the pace and direction of shipping’s decarbonisation journey.The question of how to invest through uncertainty without making irreversible bets applies across the board. Shipowners are making
- [Beyond transition](https://ship.energy/magazine-features/beyond-transition/): The North American LNG bunkering market has evolved significantly over the last decade, transitioning from a niche concept to an increasingly important component of the maritime industry’s decarbonisation strategy. While the global conversation around marine fuels now includes methanol, ammonia, hydrogen, and a growing list of emerging alternatives, LNG remains the only scalable, commercially proven
- [Comply and verify](https://ship.energy/magazine-features/comply-and-verify/): The maritime industry has now entered the execution phase of FuelEU Maritime (FEUM). Since the regulation came into force in January 2025, the industry focus has shifted from understanding the legislation to managing its practical and financial implications.For many shipowners and operators, the biggest challenge is no longer simply reporting emissions data. It is determining
- [Pooling works!](https://ship.energy/magazine-features/pooling-works/): During the first year of the FuelEU Maritime regulation, pooling moved from theory into practice. The year showed that pooling is an extremely viable option for compliance but also that early action, reliable partners and operational know-how matter.The first year of FuelEU Maritime regulation is behind us. The shipowners have submitted their compliance reports to
- [The view from the summit](https://ship.energy/magazine-features/the-view-from-the-summit/): For its fifth edition, the ship.energy summit travelled to Athens, where, in early June, maritime stakeholders gathered at the Eugenides Foundation in the centre of the city for a day of thoughtful and focused discussion on the pace and progress of shipping’s decarbonisation.The Marine Environment Protection Committee’s (MEPC) Extraordinary Session in 2025 was extraordinary in
- [Buy-in for biofuels](https://ship.energy/magazine-features/buy-in-for-biofuels/): In BP’s Statistical Review of World Energy, published in September, the company highlighted the continuing strong growth of renewable energy. While the average annual growth in carbon emissions across 2018 and 2019 was higher than the 10-year average, renewable energy, led by wind and solar power and also including biofuels, accounted for over 40% of
- [Alternative view](https://ship.energy/magazine-features/alternative-view/): At its second Alternative Fuels Online Conference in October, DNV GL brought together a mix of in-house and cross-industry experts to analyse the fuels, technologies and markets which are likely to power shipping’s journey towards a carbon neutral future.In his Introductory presentation to the event, Knut Ørbeck-Nilssen, CEO DNV GL – Maritime, declared: ‘Decarbonisation is
- [Catch-all solution](https://ship.energy/magazine-features/catch-all-solution/): In the February/March issue of Bunkerspot this year, I wrote that when the fireworks illuminated the skies around the world on New Year’s Eve 2019, it signalled the arrival of the new IMO global 0.50% sulphur cap. Little did we know back then that the fireworks would also signal a year of unpredictability and uncertainty
- [Past, present,future](https://ship.energy/magazine-features/past-presentfuture/): Twelve months ago, if the world’s population had had the benefit of ‘20/20 vision’ would we have stopped the clocks, or chosen ‘fast‐forward’ to 2021? Without doubt, 2020 has been one of the most challenging in terms of human health and business. Unfortunately, shipping and the bunker industry have not escaped the health issues or
- [Banking on change](https://ship.energy/magazine-features/banking-on-change/): The International Maritime Organization’s (IMO) initial greenhouse gas (GHG) emissions reduction targets are well known and often quoted. Its ambitions of cutting shipping’s carbon emissions by 40% by 2030 (from a 2008 baseline) and reducing the industry’s greenhouse gas emissions (GHG) by at least 50% by 2050 will be challenging for the sector to realise,
- [Buying into the future](https://ship.energy/magazine-features/buying-into-the-future/): Industry experts taking part in the Maritime Week Americas Bunker Buyers’ Discussion in October said that shipowners had been generally well-prepared for IMO 2020 and, while COVID-19 has brought a host of commercial and operation challenges, they were optimistic for the future of shipping and the bunker industry.Frank Dahan, Director Transport Services & Global Fuel
- [State of interdependence](https://ship.energy/magazine-features/state-of-interdependence/): The COVID-19 pandemic, which, at the time of writing, has been ongoing for one year, has caused unprecedented disruption to the global maritime industry and supply chain. A wide range of industries, business operations, supply chains, logistics and transportation are increasingly disrupted as a result of the stringent measures introduced in an attempt to prevent
- [A clear view](https://ship.energy/magazine-features/a-clear-view/): With 2020 now in the rear-view mirror, ClearLynx took some time to review the activity across what was quite a tumultuous year for the bunker industry. Drawing on the transactional data from our site, we broke down this study into five different sections: grade distribution, price impact and volatility, stem size breakdown, year-on-year (YoY) changes
- [Lean and green](https://ship.energy/magazine-features/lean-and-green/): A shipowner’s bunker bills are the product of two factors: the price of the fuel, and the amount of fuel their ships consume. The first factor is notoriously difficult to control or predict (even with risk management tools), but the shipowner does have more power over the second.By maintaining a consistent speed, rather than adopting
- [Clean machine](https://ship.energy/magazine-features/171080/): The reduction in bunker fuel sulphur content mandated by the International Maritime Organization (IMO) in January 2020 started a process that will redefine how ship operators need to look after their engines, and how marine diesel cylinder lubricants are formulated.In shipping’s transition to clean fuels, cylinder lubricant may seem an unlikely hero. But by protecting
- [Regulatory impact](https://ship.energy/magazine-features/regulatory-impact/): It is said shipping is the lifeblood of the world economy, transporting over 80% of world trade volumes. Following that logic, marine fuel is the lifeblood of shipping, and of pivotal importance to the world economy. This de facto prominent position has in recent times been raised to new heights, owing to the wider concept
- [The claim game](https://ship.energy/magazine-features/the-claim-game/): In 2018, over 100 ships experienced engine complications after taking onboard what turned out to be off-specification bunker supplies in Houston. Other port states, including Singapore and Panama, subsequently suffered similar bunker contamination claims. Those claims highlighted some of the issues for the shipping industry in dealing with such claims. Similar scenarios are likely to
- [Trade terms](https://ship.energy/magazine-features/trade-terms/): At the virtual meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 75) last November, agreement was reached on a set of additional CO2 reduction measures to be applied to vessels in the existing global fleet. However, the decision to push forward with the Carbon Intensity Indicator and the Energy Efficiency of
- [Time to set sail!](https://ship.energy/magazine-features/time-to-set-sail/): The shipping industry has some very challenging decisions to make over the next few years. We have a finite carbon budget available to shipping and the selection of decarbonisation pathways and energy sources are many. At the higher ambition level (1.5oC of warming), that gives us eight years of business-as-usual emissions in line with the
- [Change management](https://ship.energy/magazine-features/change-management/): In order to meet the IMO 2020 regulations for the 0.50% global sulphur cap, and to overcome the operational challenges posed when switching from heavy fuel oil (HFO) to very low sulphur fuel oil (VLSFO), we have designed a cermet-coated piston ring to ensure controlled cylinder liner wear when operating on both VLSFO and ultra-low
- [Forging a pathway](https://ship.energy/magazine-features/forging-a-pathway/): As clean fuel choices narrow and engine technology advances, shipowners are actively considering how they can use ammonia fuel in their existing and newbuild vessels. The first contracts for ammonia-ready newbuilds offer a timely opportunity to review the knowns and unknowns of this emerging fuel candidate.Wärtsilä has been assessing the fuel for many years and
- [Fuelling the debate](https://ship.energy/magazine-features/fuelling-the-debate/): Discussions focusing on fuel specifications, quality and claims invariably capture the attention of delegates at bunker industry conferences and now, in these ‘virtual’ times, the fuel quality debate has firmly moved online. Webinars and other platforms for industry engagement have also facilitated a geographically wider discussion about the characteristics of the new raft of very
- [The recovery has begun](https://ship.energy/magazine-features/the-recovery-has-begun/): Global economic activity is expected to rebound from H2 2021, which bodes well for the trade of dry bulk commodities as well as for the recovery in charter rates of dry bulk vessels.DemandThe stimulus to the Chinese economy has been supporting its industrial production which grew by around 7% in Q4 2020 (year on year),
- [Slow recovery](https://ship.energy/magazine-features/slow-recovery/): Tanker shipping went through its ups and downs in 2020, and although at the start of the pandemic, it appeared immune to the situation, lockdowns and travel restrictions soon caught up with oil tanker demand. The US Energy Information Administration (EIA) estimates that global oil demand fell by 8.9% in 2020, from 101.2 million barrels
- [Year of the Metal Ox….or should that be Metal Box?](https://ship.energy/magazine-features/year-of-the-metal-ox-or-should-that-be-metal-box/): Kung Hei Fat Choi! 2021 is the Year of the Metal Ox, traditionally a year for diligent work, duty and discipline. (five elements – wood, air, metal, fire and water–combine with 12 animals in China’s 60-year horoscope cycle). Metal Ox years reward steadiness, discipline and duty – a good metaphor perhaps for shipping markets. And
- [Keeping fit](https://ship.energy/magazine-features/keeping-fit/): If one thing seemed certain at the start of January 2020, it was that the year ahead was going to be about ‘big money’ for bunker suppliers and buyers. For most fuel buyers, the IMO 2020 regulation meant that their annual bunker spend would now be on lower sulphur but higher priced fuels. For suppliers,
- [Building resilience](https://ship.energy/magazine-features/building-resilience/): As India looks to scale up international trade, shipping is at the forefront of the country’s efforts to highlight the staggering potential of the Indian economy. The government’s SagarMala project – a wide-ranging initiative that champions ports and their ability to kickstart economic growth and activity – envisions benefits such as improvements to port efficiency
- [Point of origin](https://ship.energy/magazine-features/point-of-origin-2/): Fuel technology specialist, Innospec, treats one in every three drums of treated oil sold worldwide annually. This article delves into how the source of biodiesel, specifically Fatty Acid Methyl Esters (FAME), affects the performance of the fuel used in maritime vessels.FAME, commonly known as biodiesel, has gained prominence as a renewable fuel. With extensive research
- [War footing](https://ship.energy/magazine-features/war-footing/): Russia invaded Ukraine on 24 February and the war is still raging and making headlines. We asked Michael Malamen, Global Commercial Director and head of trading at PMG Holding – which is a physical bunker supplier across the Black Sea (Romania, Bulgaria and Ukraine) and an international bunker trader – to share his perspectives on
- [Carrying carbon](https://ship.energy/magazine-features/carrying-carbon/): With global efforts increasing to reduce greenhouse gas emissions, carbon capture and storage (CCS) technology has emerged as a critical solution for mitigating climate change. Major industrial carbon dioxide (CO2) emitters, such as steel, cement, and petrochemical plants, are increasingly seeking ways to offload captured carbon dioxide for sequestration or utilisation.This has spurred interest in
- [Transparency is money](https://ship.energy/magazine-features/transparency-is-money/): Since the early days of steamships when a disgruntled engineer complained to their captain that the coal being loaded into the vessel’s bunkers was not the same grade they were shown by the supplier in port, the importance of good information to successfully negotiate a price for marine energy has been a constant, for both
- [New fuels at the coal face](https://ship.energy/magazine-features/new-fuels-at-the-coal-face/): In the shipping industry, there is plenty of focus on loftier market trends and sustainability strategies but, often, how this big picture thinking will impact the day-to-day working lives of seafarers is sorely missing from the conversation. Seafarers’ safety, working conditions, and welfare are the backbone of this transition and must be front of mind
- [Sail of the century](https://ship.energy/magazine-features/sail-of-the-century/): In October, Smart Green Shipping (SGS) showcased FastRig – its lightweight, easy-to-retrofit intelligent wingsail – on the MV Pacific Grebe in sea trials at both Southampton and Greenock. This landmark came just over a decade after I first incorporated SGS, and you might ask why did it take so long?This article will look at the
- [Double pricing](https://ship.energy/magazine-features/double-pricing/): International shipping is likely to soon become subject to multiple greenhouse gas (GHG) emissions pricing mechanisms. The European Union (EU) has extended the application of its emissions trading system (ETS) to international shipping, and other jurisdictions are considering the implementation of GHG pricing instruments for the sector. In the meantime, the International Maritime Organization (IMO)
- [Capturing attention](https://ship.energy/magazine-features/capturing-attention/): Retrofitting ageing bulk carriers with carbon capture and storage (CCS) systems is a technically viable option to keep them compliant with CII regulations until 2030 – that is the headline conclusion from a joint study led by Bureau Veritas, shipowner Wah Kwong and the Shanghai Marine Diesel Engine Research Institute (SMDERI), which also sheds light
- [Global shift](https://ship.energy/magazine-features/global-shift/): The maritime industry is heading towards a technological revolution driven by decarbonisation. Powered by improved collaboration and propelled by developments in clean energy, digitalisation and applied research, this future will offer greater sustainability and much higher efficiency.Rather than simply adapting to the green energy transition, the maritime industry is also actively influencing it. The shipping,
- [Unlocking opportunities](https://ship.energy/magazine-features/unlocking-opportunities/): Earlier this year, the International Maritime Organization (IMO) made an historic agreement to increase ambition in its greenhouse gas reduction strategy – to bring international shipping closer to a 1.5°C Paris Agreement-aligned decarbonisation pathway by 2050. Importantly, the revised strategy includes interim ‘checkpoints’ for 2030 and 2040, including a goal for at least 5% –
- [Coming full circle](https://ship.energy/magazine-features/coming-full-circle/): There are many firsts when it comes to technological advances in the maritime industry. At the time of writing, the Pyxis Ocean, a Panamax bulk carrier from Mitsubishi Corporation’s MC Shipping based in Singapore, embarked on her maiden voyage from China to Brazil becoming the first cargo vessel to be retrofitted with two WindWings. Developed
- [Making the grade](https://ship.energy/magazine-features/making-the-grade/): Although shipping has been vocal in its calls for greater ambitions in decarbonisation targets, it voiced numerous concerns about the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), which entered into force in 2023 and is due to deliver ratings for individual ships as of January 2024. In particular, critics highlighted the complex calculations required
- [The human factor](https://ship.energy/magazine-features/the-human-factor/): The International Maritime Organization’s (IMO) recently adopted revised greenhouse gas (GHG) reduction strategy has upped the urgency for ship owners to strive to reach net zero along an accelerated timeline. It includes an enhanced common ambition to reach net zero GHG emissions from international shipping ‘close to 2050’, a commitment to ensure an uptake of
- [Corridors of power](https://ship.energy/magazine-features/corridors-of-power-2/): At the end of November, world leaders will gather in Dubai to review the progress on the Paris Agreement at the 2023 United Nations Climate Change Conference (COP28). Here, governments, ports, and shipping companies will discuss decarbonisation pathways for international shipping, which comprises 2% of global greenhouse gas (GHG) emissions as of 2022 and is
- [Design challenge](https://ship.energy/magazine-features/design-challenge/): From modifying past ship designs, to ensuring vessels are equipped with new technologies, ship owners are increasingly facing new levels of complexity.Even though much of the debate focuses on a choice of fuels, decarbonisation is fundamentally a design challenge. Incorporating a new fuel, new technology, or just improving a vessel’s existing performance presents a major
- [Multi-tasking](https://ship.energy/magazine-features/multi-tasking/): The 80th meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 80) was an important milestone in shipping’s journey to tackle its environmental impact. The very fact that we now have a net zero target by or around 2050 is cause for optimism. That is not to say that meeting the emission
- [Decarbonising ports](https://ship.energy/magazine-features/decarbonising-ports/): The inaugural Bunkering & Sustainability Forum, held in March in Tenerife, the largest of the Canary Islands, examined the current and future availability of traditional and alternative fuels at island and mid-sized ports, and the infrastructure and maritime facilities required to support them. For such ports, a ‘one-size-fits-all’ approach to fuel supply – both conventional
- [Shock to the system](https://ship.energy/magazine-features/shock-to-the-system/): The Strait of Hormuz has spent years being described as the world’s most important choke point that never quite manages to choke. Periodically, it flares up just enough to remind markets of its importance before settling back into something resembling normality, albeit with slightly higher insurance premiums and a renewed respect for geography. It has,
- [Don’t overlook SOx!](https://ship.energy/magazine-features/dont-overlook-sox/): The year 2020 saw the initiation of the reduction of the global sulphur limit in marine fuel to 0.50% (from 3.50%), requiring ships outside Emission Control Areas (ECAs) to use cleaner, low-sulphur fuel or scrubbers, while existing sulphur oxide (SOx) ECAs – and new ones such as the Mediterranean (effective 1 May 2025), Canadian Arctic
- [A weather eye](https://ship.energy/magazine-features/a-weather-eye/): After a decade of record investment in vessel efficiency and decarbonisation technologies, many operators are finding that volatile weather, geopolitical disruption, regulatory uncertainty and shifting trade routes are eroding the returns.The shipping industry has now entered an era where adaptation, supported by real-time intelligence, will determine who protects time, fuel and commercial performance – and
- [Switched-on shipping](https://ship.energy/magazine-features/switched-on-shipping/): For most of my career, decarbonisation in shipping has been spoken about as a distant target, something for 2050 strategies and future fuels. Yet change is already underway, and nowhere is it moving faster than in the short-sea and passenger sectors.Ferries, cruise ferries and RoPax vessels operate on fixed timetables and well-defined routes. They are
- [Charged and ready](https://ship.energy/magazine-features/charged-and-ready/): The state of Florida in the United States is known more for palm trees and free market solutions than environmental regulation, yet across its 16 seaports – the most of any US state – electrification has become a dominant strategy driven by profit potential.A new report from Environmental Defense Fund and Architecture, Engin-eering, Construction, Operations,
- [Market forces](https://ship.energy/magazine-features/market-forces/): After focusing for several years on decarbonising the energy sector through policies such as the Renewable Energy Directive (RED), the European Union (EU) has gradually turned its attention to other hard-to-abate sectors to accelerate the green transition. Aviation, road transport and maritime have all become key targets of this new regulatory wave.Among these sectors, shipping
- [Winning Combination](https://ship.energy/magazine-features/winning-combination-2/): For those who want a reminder, the main part of FuelEU Maritime is a renewable fuel standard that addresses the greenhouse gas (GHG) emissions of the maritime industry. Vessels over 5,000 gross tonnes calling at European ports must reduce the GHG intensity of the energy sources used onboard (usually fuels) by 2% by 2025, 6%
- [No one short answer](https://ship.energy/magazine-features/no-one-short-answer/): Hydrogen is still discussed as a future marine fuel, judged mainly against the demands of deep-sea trade, the pace of global infrastructure development and the cost of scaling green supply. Viewed from that perspective, widespread adoption still appears some way off.That assessment applies to much of the global commercial fleet. High production costs, difficult storage
- [Putting theory into practice](https://ship.energy/magazine-features/putting-theory-into-practice/): Shipping’s decarbonisation debate is shifting from whether alternative fuels are viable to how soon they can scale. It’s still early days to answer that question when it comes to ammonia: it may be the second most widely produced chemical, routinely shipped to terminals and ports around the world, but its use as a marine fuel
- [A strong long-term bet?](https://ship.energy/magazine-features/a-strong-long-term-bet/): After spending almost five years as Head of Future Fuels at A.P. Moller - Maersk evaluating every conceivable future fuel pathway – and now two years as an independent advisor supporting companies across the energy, maritime, finance, and technology sectors – one conclusion keeps resurfacing for me: e-methanol remains one of the long-term winning fuels
- [Beyond the demonstration phase](https://ship.energy/magazine-features/beyond-the-demonstration-phase/): On 5 March, the CM HONG KONG, the world’s first methanol dual-fuel roll-on/roll-off vessel, completed its first green methanol bunkering operation – not at berth, but at anchor. It was also China’s first green methanol bunkering of this kind.Days later, in Shanghai, the CMA CGM OSMIUM took on more than 3,600 tonnes of biomethanol –
- [Keeping your options open](https://ship.energy/magazine-features/keeping-your-options-open/): For much of the past decade the shipping industry has sought the answer to which fuel will power the future fleet? What’s become clear in recent years is that the alternative fuel landscape will be shaped by multiple pathways, rather than a single solution.Different fuel pathways are developing at different speeds. Availability varies significantly by
- [Multiple choice](https://ship.energy/magazine-features/multiple-choice/): The maritime industry is facing one of the most significant technological transitions in its history. With shipping responsible for nearly 3% of global greenhouse gas emissions, the pressure to decarbonise has intensified following international commitments to combat climate change. In response, the International Maritime Organization (IMO) has set ambitious targets aimed at drastically reducing greenhouse
- [Is it Force majeure?](https://ship.energy/magazine-features/is-it-force-majeure/): A mine sinks another tanker. Fuel prices wildly fluctuate. Bunker suppliers don’t fuel vessels at risk of their own tankers. Customers’ vessels stay outside of feasible bunkering locations. Counterparties divert to other calls or suspend operations. Long term supply contracts become too expensive to fulfill.At the time of writing this article, the conflict directly involving
- [Holding course](https://ship.energy/magazine-features/holding-course/): The premise of the first Nordic-Baltic Maritime Forum, held in Helsinki between 23-26 April, was to show how the Nordic-Baltic countries are individually and collectively pushing ahead on the decarbonisation of shipping and ports through technology innovation and the development of new bunker fuels. Not only is the region an energy transition ‘first mover’ within
- [Vessel hardening in practice](https://ship.energy/magazine-features/vessel-hardening-in-practice/): Vessel hardening is widely understood in principle and guidance exists. Equipment is installed and procedures are documented. However, consistency is the problem.BMP Maritime Security (MS), launched in 2025, clearly sets out how threats should be identified, risks assessed and mitigations selected including vessel hardening as a function of a layered defence system. The difficulty lies
- [Turning insight into lower emissions](https://ship.energy/magazine-features/turning-insight-into-lower-emissions/): After several turbulent years, the marine offshore support market has settled into a period of relative stability. Vessel supply remains tight, day rates are strong, and utilisation is high. Stability is not a signal to pause improvement. It is the moment to convert data into day-to-day practice that cuts fuel, lowers emissions, and builds habits
- [Bringing it all together](https://ship.energy/magazine-features/bringing-it-all-together/): Our planet and oceans are under strain. In recent times, they have absorbed around 90% of excess heat from rising greenhouse gas emissions, while marine and terrestrial ecosystems have captured roughly half of human CO₂ emissions. These ecosystems are vital, yet increasingly fragile and their decline underscores the urgent need for all sectors to decarbonise,
- [On course, under pressure](https://ship.energy/magazine-features/on-course-under-pressure/): 2025 was another year shaped by political and economic volatility. Trade tensions simmered, retaliatory tariffs threatened supply chains, and geopolitical shocks continued to ripple through global shipping and energy markets. For much of the maritime sector, this kind of turbulence has become familiar terrain.What was different about 2025 was where – and how – disruption
- [Going mainstream](https://ship.energy/magazine-features/going-mainstream-2/): Over the past 10 years, LNG has gone from a niche option to a mainstream solution for maritime, with the number of vessels using LNG as a marine fuel increasing tenfold to 850 vessels in operation, with a further 642 on order. With the inclusion of the LNG carrier fleet, this equates to 10% of
- [What’s next for methanol?](https://ship.energy/magazine-features/whats-next-for-methanol/): Shipping has always been fond of the Next Big Thing, particularly when the current one is under regulatory attack. In the 2000s, it was scrubbers. A decade later it was LNG. Today, methanol is enjoying its moment in the sun. Scroll through industry coverage and you would be forgiven for thinking that the future has
- [Closing the gaps](https://ship.energy/magazine-features/closing-the-gaps/): Out at sea, crews have little margin for error. The shipping industry has therefore spent many years developing robust maintenance practices that give operators confidence that their vessels will perform consistently at their best. From periodic inspections and time-based servicing to detailed laboratory oil analysis on-shore, all play an essential role in keeping equipment operating
- [Liable to change](https://ship.energy/magazine-features/liable-to-change/): Shipping is entering a phase where fuels are changing faster than the frameworks designed to manage their risks. While much of the industry’s attention is focused on the technical and commercial viability of alternative fuels, far less scrutiny has been given to how liability is allocated when something goes wrong. Pollution liability and spill response,
- [Playing advantage](https://ship.energy/magazine-features/playing-advantage/): As global regulations tighten and fuel prices remain volatile, shipping companies everywhere are looking to reduce fuel consumption, cut emissions, and control costs. But in China, the world’s largest trading nation and still a shipowning and shipbuilding powerhouse, the solution is a seemingly simple one.Rather than relying solely on big-ticket investments like alternative marine fuels
- [Building momentum](https://ship.energy/magazine-features/building-momentum/): Demand for alternative fuels in China and across Asia is real and is bringing the alternative fuel transition closer to reality for everyone in the sector. Working in partnerships to develop experience and deepen knowledge, companies across the marine fuels landscape are exploring the many possibilities of a multi-fuel future.China is the world’s largest ship
- [High-stakes timeline](https://ship.energy/magazine-features/high-stakes-timeline/): The International Maritime Organization’s (IMO) meetings in October 2025 were expected to mark a pioneering moment in international climate governance: the adoption of the IMO’s Net-Zero Framework (NZF). Instead, the session concluded with a decision to adjourn negotiations for one year, following procedural manoeuvres led by Saudi Arabia and backed by a firm rejection from
- [No time to wait](https://ship.energy/magazine-features/no-time-to-wait/): The International Maritime Organization’s (IMO) decision to delay the introduction of its Net-Zero Framework (NZF) by a year has sent mixed signals across the shipping industry. On the surface, the postponement offers welcome breathing space to address unresolved technical and political questions. Yet beneath that short-term relief lies a deeper risk: the loss of momentum
- [Delivery time](https://ship.energy/magazine-features/delivery-time/): For much of the past decade, maritime decarbonisation policy has been defined by ambition: targets, trajectories and the long runway to net zero. In 2026, the centre of gravity shifts. The most important question is no longer ‘are the targets tough enough?’ but ‘is the operational framework sufficient to deliver?’.2026 is the year maritime decarbonisation
- [Shaping the Net-Zero Framework](https://ship.energy/magazine-features/shaping-the-net-zero-framework/): IMO Member States may have delayed a decision on the adoption of the Net-Zero Framework (NZF) by a year, but discussions are still ongoing to develop implementation guidelines that will define the details of the proposed global regulation.Those guidelines will dictate critical aspects, ranging from the calculation and certification of different fuels’ lifecycle greenhouse gas
- [The ‘Bio HFO’ solution](https://ship.energy/magazine-features/the-bio-hfo-solution/): With the IMO’s Carbon Intensity Indicator (CII) regulations now in place, it is imperative that shipowners and ship operators optimise their operations and gain improvements in CII ratings.The options currently available to help them do this include: optimising vessels’ energy efficiency by using better operational practices; the adoption of energy efficiency technologies and the use
- [Making waves](https://ship.energy/magazine-features/making-waves/): We often get asked variants of the question: ‘Where can we bunker biofuels?’ For every region and port that was enquired about, we had to investigate what was available. As the information accumulated in leaps and bounds, we decided to launch a project to map out all the physical bunker suppliers that offer biofuels in
- [Mind the gap!](https://ship.energy/magazine-features/mind-the-gap/): This summer the eyes of the world were on the global shipping community as the International Maritime Organization (IMO) adopted a revised strategy to reach net-zero greenhouse gas (GHG) emissions by 2050. This agreement was critical in sending a message that the industry is committed to decarbonising: now the question is how it gets there.Clearly,
- [Moving on methanol](https://ship.energy/magazine-features/moving-on-methanol/): Shipowners’ confidence in choosing new fuels for newbuild vessels and retrofits is growing after the IMO’s GHG strategy was affirmed at the 80th meeting of the Marine Environment Protection Committee (MEPC 80). However, as the International Bunkering Industry Association (IBIA) points out: ‘The IMO’s GHG strategy is not a regulation, it is a roadmap.’ There
- [Better together](https://ship.energy/magazine-features/better-together-2/): The development of new fuels is often characterised as a ‘chicken and egg’ conundrum that begs the question: which do you build up first; supply or demand?But Norway has taken the sensible decision that, in its plans for nurturing ammonia and hydrogen as marine fuels, it will work on the two together.DEMAND… First, let’s look
- [Insightful bunkering](https://ship.energy/magazine-features/insightful-bunkering/): Having issued its first weather forecast more than 25 years ago on 1 April 1998, StormGeo has developed a knack of knowing which way the wind is blowing for shipping – and today the company’s predictions for bunkering include a major take-up in digitalisation and data intelligence to boost the industry’s efficiency and decarbonisation goals.Over
- [A measured approach](https://ship.energy/magazine-features/a-measured-approach-2/): In light of the International Maritime Organization’s (IMO) stated ambition to reduce the carbon intensity of international shipping, much of the recent fuels conversation has been dominated by looking to the future, assessing new lower-emission formulations and their respective merits and drawbacks. However, we mustn’t forget that for the main part, vessel operators still bunker
- [Oil flows](https://ship.energy/magazine-features/oil-flows/): Despite Russian fuel oil breaching the G7’s $45/barrel price cap, Greek vessel operators continue to facilitate trade.On a FOB Baltic basis, Russian high sulphur fuel oil (HSFO) first exceeded the threshold for low-value products on 10 July, settling at $50.035/b. Over the next six weeks through 22 August, Russian-origin fuel oil settled at an average
- [Understanding AI](https://ship.energy/magazine-features/understanding-ai/): The chorus of consensus on digital technology is reaching new levels as a critical operational tool in shipping’s arsenal to keep up with today’s industry challenges. But there’s an elephant in the room: Artificial Intelligence (AI). No longer reserved for a few maritime side events or thought-provoking podcasts, AI is the talk of the town
- [Get smart, stay safe](https://ship.energy/magazine-features/get-smart-stay-safe/): The goals agreed at the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 80) in July included milestones for absolute reductions of greenhouse gas emissions from ships by 20-30% in 2030 and 70-80% in 2040. Ports will need to play their part if these goals are to be achieved, so rather than just thinking
- [Working with the crew](https://ship.energy/magazine-features/working-with-the-crew/): Anyone who has bought a fancy electronic gadget is likely to have experienced that a solution which seemed perfect just could not be worked into your daily routine. Despite the best of intentions, once the initial experiments are over, the expensive device often ends up collecting dust in a drawer. This is a tendency that
- [Getting to zero (paper)](https://ship.energy/magazine-features/getting-to-zero-paper/): On 10 July, the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 80) affirmed the use of electronic bunker delivery notes (eBDNs).1This article addresses the legal considerations of using eBDNs and also, as they become more widely used, the legal challenges to not using them.These considerations and challenges are important for bunker sellers and
- [Practical magic](https://ship.energy/magazine-features/practical-magic/): The ins and outs of implementing the International Maritime Organisation’s (IMO) Carbon Intensity Indicator (CII) have been a hot topic for the shipping industry since the measure was adopted in 2021. The CII came into effect on 1 January 2023 and together with the Energy Efficiency Existing Ship Index (EEXI) marks a shift in focus
- [Separating fact from fiction](https://ship.energy/magazine-features/separating-fact-from-fiction/): The maritime industry faces an urgent and daunting challenge in reducing emissions and meeting decarbonisation targets. However, instead of engaging in polarised debates of ‘my solution versus your solution’, a collective approach is needed.In this article, I will look into the regulatory drivers, greenhouse gas (GHG) emissions performance, readiness timelines, and commercial viability of various
- [Capacity building](https://ship.energy/magazine-features/capacity-building/): The past year was a very good one for the bunker industry in general, but for all the wrong reasons. Russia’s invasion of Ukraine last February, the subsequent escalation in geopolitical tensions, and constrained energy supplies as countries and companies sought to move away from their dependence on Russian oil and gas created a very
- [Out with the old, in with the new](https://ship.energy/magazine-features/out-with-the-old-in-with-the-new/): After the recent outcomes of the Marine Environment Protection Committee (MEPC 80) at the International Maritime Organization (IMO), the global shipping industry is facing a near future in which the salvage of alternative fuelled vessels is likely to become a challenging reality for salvors, regional maritime and port authorities, insurers and ship operators.By 2030, the
- [Checks and balances](https://ship.energy/magazine-features/checks-and-balances-2/): Presented by the European Commission in mid-July 2021 to much political and environmental fanfare, the EU’s ‘Fit for 55’ measures come within the purview of Europe’s ambitious Green Deal, and they are intended to enable the EU to cut its net greenhouse gas (GHG) emissions by at least 55% by 2030 (compared to a 1990
- [Taking charge](https://ship.energy/magazine-features/taking-charge/): Shore power connects ships to land-side electricity grids, so they don’t need to burn marine fuel oil to provide power for on-board activities while at berth in ports. It is an important technology to meet local air pollution and climate change goals. But the policies to make it happen in the face of unfair competition
- [Reflecting thenew realities](https://ship.energy/magazine-features/reflecting-thenew-realities/): For the first time since World War II, the global tanker market has been introduced to a new yearly and daily tanker freight scale based on a larger ship size incorporating conventional as well as alternative marine fuels.The launch of Base Rates on 15 May 2023, by Platts, part of S&P Global Commodity Insights, using
- [In with thein crowd](https://ship.energy/magazine-features/in-with-thein-crowd/): With their adoption of the International Maritime Organization’s (IMO) Revised GHG Strategy at the Marine Environment Protection Committee’s 80th meeting at the start of July, Member States signalled their intent to hit net-zero by 2050 – and the response from across the industry showed that shipping shares this ambition. Indeed, many would like to see
- [Perfect blend](https://ship.energy/magazine-features/perfect-blend/): With reporting of data in compliance with the IMO’s Carbon Intensity Indicator (CII) regulation well underway, shipowners and operators are focused on how to optimise their operations and gain improvement in CII ratings. The options include optimisation of vessel efficiency using energy efficiency technologies and the use of alternative and low carbon fuels. Full adoption
- [Positive motion](https://ship.energy/magazine-features/positive-motion/): Cepsa, a longtime provider of marine fuels, has set its sights on the decarbonisation of maritime transport through the production of green molecules such as second-generation biofuels and green hydrogen, two of the pillars of the company’s sustainable strategy rooted in southern Spain.The strategy, known as Positive Motion, aims to invest between €7 billion and
- [The view from here](https://ship.energy/magazine-features/the-view-from-here/): In June, the second All Hands on Deck report was delivered. Published by Shell, in collaboration with Deloitte, the report offers six ‘critical’ recommendations to drive forward shipping’s energy transition, with the energy major emphasising that ‘the magnitude of action and investment needs to step up with speed to achieve the ambition of net zero
- [London calling](https://ship.energy/magazine-features/london-calling/): In September, the global maritime sector focused its collective attention on the UK’s capital city, as London International Shipping Week 2023 opened for business. Celebrating its 10th anniversary this year, LISW has evolved into one of the most prestigious, useful – and enjoyable – gatherings in the shipping calendar. Its structure – where hundreds of
- [Opportunity knocks](https://ship.energy/magazine-features/opportunity-knocks/): There is now no doubt that human-induced climate change has already led to widespread destruction and disruption to the lives of billions of people, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC)1. Without rapid and severe cuts to greenhouse gas (GHG) emissions, their report states with high confidence that climate
- [Ahead of the curve](https://ship.energy/magazine-features/ahead-of-the-curve/): In April 2022, Bunkerspot reported that Shell had received a No Objection Letter (NOL) from MAN Energy Solutions (MAN ES) for its new Category II 40BN cylinder oil, Shell Alexia 40 XC. The approval was said to be the result of close collaboration with MAN ES to develop an approved CAT II lubricant for engines
- [Credit control](https://ship.energy/magazine-features/credit-control/): One of the most common elements of a bunker trading / supply business is reliance on large volumes of ‘low margin’ bunker deals, that are in turn financed by banks and financiers with a lower margin / interest credit facility, enabling the bunker trader to make enough profit overall to make the enterprise sound1. Looking
- [A clean slate?](https://ship.energy/magazine-features/a-clean-slate/): Few would argue that the way the bulk of marine fuel is bought, sold and delivered is efficient or that commercial and operational processes in the bunker industry are always exemplars of best practice. Commentators both inside and outside the bunker sector regularly draw attention to the industry’s ‘reputation’ for endemic fraud, often in relation
- [The right fit](https://ship.energy/magazine-features/the-right-fit/): Continued momentum towards decarbonisation is driving widespread innovation across the maritime industry.As pressure from regulators, charterers and end consumers mounts, the rationale for improving fuel efficiency and reducing emissions is escalating. While there are plenty of potential options for passenger and cargo vessels to improve efficiency, including relatively low-cost hydrodynamic improvements, the effective options for
- [Delivering transparency](https://ship.energy/magazine-features/delivering-transparency/): The custody transfer landscape has been changing with the advent of mass flow meter in the shipping industry. Sellers and buyers of bunker fuel required better measurement capabilities during custody transfer thereby knowing exactly how much fuel has been transferred. With the help of mass flow meters, stakeholders not only know that the delivery is
- [Opportunities onboard](https://ship.energy/magazine-features/opportunities-onboard/): Demand for CO2 shipping is increasing and expected to grow further. Forecasts for growth in demand for CO2 shipping have been largely predicated on the growing network of sequestration routes for CO2 captured from industrial processes.Rystad Energy predicts that, based on planned carbon capture projects, more than 90 million tonnes per annum (tpa) of CO2
- [New skills fornew fuels](https://ship.energy/magazine-features/new-skills-fornew-fuels/): Shipping relies on efficient and safe bunkering procedures that are a mainstay for vessels across the supply chain. They minimise the possibility of pollution, ensure that the correct quantity and quality of fuel is delivered onboard and, most importantly, safeguard the health and safety of the people involved in bunkering operations.However, existing bunkering procedures are
- [Zeroing in on ferries](https://ship.energy/magazine-features/zeroing-in-on-ferries/): A steep and slippery slope ahead means it’s now or never for the roll-on/roll-off passenger (RoPax) ferry market to execute energy transition plans. But it’s not all doom and gloom: fixed routes and frequent port calls bring alternative fuels and fuel cells into play for many vessels.Picture this: it’s 2035, and for the RoPax market
- [Trading the future](https://ship.energy/magazine-features/trading-the-future/): The Group of Thirty’s seminal study on derivatives remains the operating guide to which all people involved in derivatives trading should adhere. While the recommendations published in the study were written with derivative trading in mind, today’s term bunker products, the upcoming greener alternative fuel choices, and the inevitable need to buy (and sell) carbon
- [Impact assessment](https://ship.energy/magazine-features/impact-assessment/): The Middle East Bunkering Convention (MEBC) returned to Dubai for its ninth edition in early February, and this year there was certainly no shortage of topics up for discussion. Conference speakers addressed the increasingly complex sanctions environment and the impact of the current hostilities in the Red Sea on bunkering volumes in the Middle East
- [Watch out below!](https://ship.energy/magazine-features/watch-out-below/): In the past century the international shipping industry has undergone several evolutions. The energy sources used by ships have progressed through sail to steam to diesel engine. Ship designs have evolved with the quest for greater efficiency and competitiveness, moulding larger ships that can hold higher volumes of cargo or passengers and achieve greater economies
- [Designing for safety](https://ship.energy/magazine-features/designing-for-safety/): It is widely reported that carbon-free or low carbon fuels present an opportunity to replace fuel oils and reduce carbon emissions. It is less well reported that these alternative fuels present safety challenges that are not only different to, but greater than those currently managed. This is primarily due to the additional hazards, potential consequences
- [Heads or tails](https://ship.energy/magazine-features/heads-or-tails/): In the middle of last year, to gauge the direction of the wind, the International Windship Association (IWSA) launched an industry and policy makers survey on energy use and wind propulsion. We released the key survey results from 84 stakeholders – which included 19 shipowners and 16 IMO flag states and government representatives – in
- [ESG shipping index](https://ship.energy/magazine-features/esg-shipping-index/): After the financial crisis of 2008, one of the key issues that several business sectors worldwide had to face was sustainable growth. The definition of sustainable growth has been extensively elaborated, however the practices for implementing and finally achieving the target of sustainable growth are still vague.The maritime sector and specifically shipping is a cornerstone
- [Power sharing](https://ship.energy/magazine-features/power-sharing/): In the coming decade, the maritime industry will need to change fundamentally to deliver on decarbonisation, unleash the potential of digitalisation, and attract the talent required to succeed.But change is difficult and risky, and we are hardwired to dislike and resist it. So, how can we foster the change needed to make maritime companies and
- [A rising tide](https://ship.energy/magazine-features/a-rising-tide/): Global momentum for maritime decarbonisation has reached US shores, presenting US ports with a clarion call for climate action. In February, the United States Environmental Protection Agency (EPA) unveiled the Clean Ports Program first Notice of Funding Opportunity (NOFO). Funded by a monumental $3 billion, the program marks a significant stride in the nation’s commitment
- [Beyond LNG](https://ship.energy/magazine-features/beyond-lng/): As the planet approaches the critical 1.5°C limit, shipping industry’s greenhouse gas emissions persist. In this pivotal moment, all eyes turn to the triad of maritime heavyweights, China, Japan, and South Korea, who currently dominate the shipping and shipbuilding world. Their actions hold the key to steering the global shipping industry towards a net-zero future.Unfortunately,
- [Northern powerhouse](https://ship.energy/magazine-features/northern-powerhouse/): Norway is one of the world’s foremost ship owning nations with a long maritime heritage, and its abundant access to North Sea oil and gas has made it a key location for energy production which is now at the forefront of the green energy transition. PORTS AND BUNKERING CENTRESAccording to the Norwegian statistics bureau, Statistics
- [Energy for the global maritime industry](https://ship.energy/magazine-features/energy-for-the-global-maritime-industry/): Viroque Energy is an international energy group offering energy solutions to over eight global markets. Noteworthy among its main business activities are trading and marketing of petroleum derivatives, biofuels, bunker fuel, gas and electricity, in addition to renewable energy projects in key regions such as ARA and markets in Spain, France, Italy, Switzerland, the United
- [Data vs dogma](https://ship.energy/magazine-features/data-vs-dogma/): Shipping is a risky business. Cyclical markets lead to periods of high and low demand, posing both opportunities and threats. In business, experience, gut and intuition are all important elements of effective decision-making. That said, what feels intuitively right isn’t always correct. When it comes to complex problems like new vessel investments, operational parameters, efficiency
- [Progress report](https://ship.energy/magazine-features/progress-report-2/): As the global shipping industry embraces new regulatory frameworks and sustainable energy technologies, staying ahead of fuel quality challenges is more essential than ever.The latest Fuel Insight report produced by Lloyd’s Register’s Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) offers a comprehensive overview of the evolving fuel landscape, highlighting both persistent challenges and emerging
- [Spot the surge](https://ship.energy/magazine-features/spot-the-surge/): The very large crude carrier (VLCC) market is undergoing significant changes, driven by rising geopolitical tensions and a volatile market. In this environment, global tanker dynamics are shifting fast, and for VLCC owners, a clear opportunity is emerging.For the fourth consecutive month, OPEC+ has fast-tracked its production increases, adding 548,000 barrels per day (b/d) in
- [Inset, from the outset](https://ship.energy/magazine-features/inset-from-the-outset/): With more than 80% of a company’s carbon footprint stemming from indirect emissions – more commonly known as scope 3 – decarbonising our supply chains remains one of the most urgent and complex challenges facing global businesses. The movement of goods across road, rail, sea, inland waterway, and air is indispensable to modern commerce but
- [Setting off to offsets](https://ship.energy/magazine-features/setting-off-to-offsets/): Since 2012, Tesla has made $1.7 billion selling carbon emission credits, almost more than the company has made selling electric cars1. So, might bunker traders, brokers and suppliers now start selling carbon and other greenhouse gas (GHG) emission credits, offsets or allowances to make as much or more than they do selling fuel? To date,
- [Winning combination](https://ship.energy/magazine-features/winning-combination/): In April this year, e1 Marine was granted an approval in principle (AiP) from Lloyd’s Register (LR) for its M-series methanol-to-hydrogen generator. Now, the US-based company is working with its partners to put the technology into practice aboard the MV Hydrogen One, which is set to be the world’s first methanol-fuelled tow boat. One of the
- [A matter of opinion](https://ship.energy/magazine-features/a-matter-of-opinion/): The defining moment for 2022 came on 24 February when, after months of sabre-rattling, Russia invaded Ukraine. A military operation which Russia’s military strategists believed would be all over in a matter of weeks or even just days has since dragged on for months and may well pass its first anniversary without any sign of
- [A breakthrough for biofuels?](https://ship.energy/magazine-features/a-breakthrough-for-biofuels/): For decades, the shipping industry has been powered by high sulphur fuel oil (HSFO) made from the dregs of the refining process. ‘Dirty and unwanted’ was how market participants summarised the prospects for HSFO after IMO 2020, with many analysts rushing to write fuel oil’s obituary and countless pages about marine gasoil’s (MGO) and other
- [Going for growth](https://ship.energy/magazine-features/going-for-growth/): For most ports around the world, 2021 was about recovery after the disruption of COVID-19 – but for Tanger Med it was a year of record achievements, as its container throughout topped more than seven million TEUs for the first time and its overall tonnage broke through the 100-million-tonne barrier. As global trade continues to
- [Cleaner fuels, cleaner shipping](https://ship.energy/magazine-features/cleaner-fuels-cleaner-shipping/): In July, we were delighted to sign an agreement with MSC Shipmanagement to test and trial both our cheaper, cleaner marine fuel alternative, MSAR®, and our lower carbon glycerine-based synthetic biofuel, bioMSAR™, on their vessels. Having built a relationship with MSC over a number of years, Quadrise are excited to be collaborating with them to
- [Corridors of power](https://ship.energy/magazine-features/corridors-of-power/): Green shipping corridors aim to mobilise stakeholders across the value chain to address the barriers to zero carbon fuel uptake. These initiatives focus on the initial stages of the fuel transition in the next few years, while the technical and commercial readiness of the solutions are still developing. Working alongside broader industry policy and regulatory
- [Quality not assured](https://ship.energy/magazine-features/quality-not-assured/): It has often been said that the international shipping industry and its supply chain possess intrinsic characteristics that present significant and ongoing risk-related challenges, as well as unique opportunities, to market participants. While this observation applies to trading and credit decisions made every day, a similar phenomenon could also be present when it comes to
- [Recovery position](https://ship.energy/magazine-features/recovery-position/): Given all the uncertainties of the past couple of years – with COVID and the war in Ukraine bringing a myriad of challenges in their wake – no one wants the extra worry of having to chase up unpaid invoices. This is, of course, true of the bunker industry, where debt recovery can involve pursuing
- [Eco-evolution](https://ship.energy/magazine-features/eco-evolution/): Marine lubricants continue to undergo development as shipping’s fuel mix evolves to meet new environmental and technical standards. The introduction of the International Maritime Organization’ (IMO) 0.50% sulphur cap in 2020, for example, was an industry-wide success story, with a large majority of shipowners who prepared adequately and managed the transition well.Also in 2020, MAN
- [Flying high](https://ship.energy/magazine-features/flying-high/): The number of companies looking to design and build electric boats has been building steadily over the past few years – but Belfast-based Artemis Technologies has developed technology which, it asserts, raises its boats above their competitors. Thanks to the company’s Artemis eFoiler propulsion system, Artemis Technologies’ range of all-electric ferries and workboats ‘fly’ above
- [A balanced approach](https://ship.energy/magazine-features/a-balanced-approach/): The marine industry is faced with the pressing need to reduce its carbon footprint. The International Maritime Organization (IMO) has set a target to reduce the carbon intensity – meaning CO2 emissions per transport work – of international shipping by at least 40% by 2030, pursuing efforts towards achieving a reduction of at least 50%
- [Benchmarking biofuels](https://ship.energy/magazine-features/benchmarking-biofuels/): The fight against climate change affects every country and industry, and shipping is no exception. With big ambitions for 2050, such as halving the greenhouse gas (GHG) emissions of 2008, technology will have to be an ally in increasing this sector’s efficiency. Additionally, zero or very low emission fuels (such as e-methanol, green ammonia, and
- [Ticking all the boxes](https://ship.energy/magazine-features/ticking-all-the-boxes/): Is bio-LNG a credible solution to shipping’s decarbonisation challenge? This question was posed by SEA-LNG to the Maritime Energy and Sustainable Development Centre of Excellence at Nanyang Technological University, Singapore. The resulting study explored issues around the availability, cost, lifecycle emissions and logistics associated with the use of bio-LNG as marine fuel.Spoiler – the answer
- [High-low wins](https://ship.energy/magazine-features/high-low-wins/): Hybrid power technologies are defined as the combination of new and conventional technologies that make possible electric power generation in vessels for higher performance, greater efficiency and reduction of greenhouse gas emissions.Energy storage systems such as lithium-ion batteries, in combination with diesel engine generators, dual fuel engines and shaft generators will continue to follow this
- [Maritime milestone](https://ship.energy/magazine-features/maritime-milestone/): It’s the 29th of June 2017 and the Global Industry Alliance to Support Low Carbon Shipping (Low Carbon GIA) has just been officially inaugurated during a launch ceremony held at the International Maritime Organization (IMO) Headquarters on the margins of the first meeting of the IMO Intersessional Working Group on Reduction of Greenhouse Gas Emissions
- [Shipping makes waves at COP27](https://ship.energy/magazine-features/shipping-makes-waves-at-cop27/): Amidst debates on loss and damage and urgent calls to phase out fossil fuels, the ocean shipping industry took its place on the global stage at COP27. Building on the COP26 Clydebank Declaration, the US and Norway launched their Green Shipping Challenge, announcing more than 40 initiatives by countries, ports and companies to accelerate innovation,
- [Investing in the future](https://ship.energy/magazine-features/investing-in-the-future-2/): Shipping decarbonisation: that’s what my job at Environmental Defense Fund has been all about for the past three years, and yet, whenever somebody asks me about it, I don’t know where to start. We have all heard it a million times over: As a major greenhouse gas (GHG) emitter, global shipping is responsible for about
- [A measured approach](https://ship.energy/magazine-features/a-measured-approach/): The international shipping industry will take another significant step on its journey towards decarbonisation at the beginning of 2023, when two key mandatory energy efficiency and emissions reduction measures adopted by the International Maritime Organization (IMO) come into force. The new regulations are amendments to the International Convention for the Prevention of Pollution from Ships
- [Green connections](https://ship.energy/magazine-features/green-connections/): After multiple years of stressed and broken supply chains, the maritime industry has increasingly focused on how to build a more resilient shipping sector in every sense of the word. But as global demand for goods increases and other sectors make decarbonisation progress, the shipping industry is at risk of being left behind. Today, essentially
- [A question of provenance](https://ship.energy/magazine-features/a-question-of-provenance/): Fugu, a type of pufferfish, is one of Japan’s desired foods. It has a big problem, though. If it’s not substantially transformed, fugu is lethally toxic to humans. Death is pretty gruesome: fugu toxin paralyses muscles. The eater remains fully conscious as they become unable to breathe and gradually asphyxiate. There is no known antidote
- [The price of war](https://ship.energy/magazine-features/the-price-of-war/): Russia’s war in Ukraine has undoubtedly had a major impact on the world economy, felt by governments and citizens alike. One need only mention escalating petrol prices, a global shortage of grains, and a surge in the price of natural gas. Russia’s aggression has been met by economic sanctions and other key decisions taken by
- [Proving ground](https://ship.energy/magazine-features/proving-ground/): In July this year, the Singapore-based Global Centre for Maritime Decarbonisation (GCMD) announced that it is leading a consortium of 18 industry partners to launch a drop-in biofuels pilot project and establish an assurance framework to underpin the supply chain of current and future green marine fuels. This is the latest in a raft of
- [In defence of bunker traders](https://ship.energy/magazine-features/in-defence-of-bunker-traders/): The bunker industry is an interesting place to be. It is a specialised area of business, which on a surface level could be described as simply providing the shipping industry with the fuel that its vessels need. Yet, underneath this lies a far more complex web of overlapping sectors, namely the maritime, energy and the
- [Green routes](https://ship.energy/magazine-features/green-routes/): The EU’s massive package of climate legislation, dubbed Fit-for-55, has overcome a major taboo in the shipping world. That is regulation of international industry through regional laws. While inclusion of shipping in the EU’s carbon markets through the Emissions Trading System (ETS) stole the headlines of the majority of the shipping press, the more technical, but
- [Simulating CII](https://ship.energy/magazine-features/simulating-cii/): As we approach 2023, the International Maritime Organization (IMO) is poised to enact a sweeping new regime of environmental regulations that have the potential to reshape the global shipping industry. No one doubts the impact of these measures will be immense, yet ship owners and operators can only guess at the costs and risks involved,
- [Deep impact](https://ship.energy/magazine-features/deep-impact/): Shipping is the most sustainable way of transporting goods globally – carrying 90% of world cargo. However, the industry also recognises the environmental impact of this significant activity and the important role it must play in supporting climate action. Achieving the industry’s decarbonisation goals will require international efforts to actively reduce vessels’ CO2 emissions sooner rather
- [Mission statement](https://ship.energy/magazine-features/mission-statement/): Industry collaboration will be essential in delivering shipping’s transition to low and zero greenhouse gas (GHG) emission fuels by 2050. By coming together, industry stakeholders can pool expertise, avoid the duplication of costly R&D, achieve economies of scale and, hopefully, generate technology and fuel supply solutions that will garner the confidence – and thus the
- [Ready for biofuels?](https://ship.energy/magazine-features/ready-for-biofuels/): Shipping’s biofuel pioneers have made great strides in advancing the deployment of biofuels as a viable alternative fuel. However, shipowners considering the role that biofuels can play in helping them to meet their carbon reduction goals face a wealth of considerations, spanning the short-term carbon savings based on tank-to-wake emissions, and the longer-term question of
- [Adapting to change](https://ship.energy/magazine-features/adapting-to-change/): We are seeing increased regulation of maritime greenhouse gas (GHG) emissions and other environmental measures aimed at reducing the sector’s carbon footprint. At a global level, the International Maritime Organization (IMO) has, as part of its Initial GHG Strategy, already adopted the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regulations which
- [Chain building](https://ship.energy/magazine-features/chain-building/): The development of a holistic infrastructure ecosystem for the hydrogen value chain will be the key enabler for the adoption of the low and zero carbon alternative fuels like hydrogen and ammonia. This will be critical for shipping as well as for land users, since these two fuels are seen as likely to form the
- [Pricing emissions](https://ship.energy/magazine-features/pricing-emissions/): 2022 has, so far, been an exceptional year. As I write this in September, I cannot recall a month this year in which I have not witnessed – mostly through fleeting moving pictures on my phone screen – the devastation caused by this exceptionality. Extreme weather events, previously expected to occur once in a blue
- [The great transition](https://ship.energy/magazine-features/the-great-transition/): With a few months only remaining, a majority of the latest amendments to IMO MARPOL Annex VI, which focus on the adoption of technical and operational measures that can reduce carbon emissions, will come into force 1 January 2023. A key contender from the available operational measures relies on the wide adoption of alternative low/zero-carbon
- [Cost control](https://ship.energy/magazine-features/cost-control/): Port call costs are just one of many inflationary pressures currently impacting ship operators. From port authority tariffs, terminal-specific tariffs to local supplier costs, the many services needed to complete a vessel’s port call are rising fast. At a time of rising prices, the need to accurately benchmark and compare costs is more important than
- [Carpe Bunkers](https://ship.energy/magazine-features/carpe-bunkers/): Italy has a long and illustrious maritime history, dating back to the days when Rome and its port Ostia formed the nerve centre of an empire that stretched from Britain to Egypt and held sway across all the Mediterranean shores. Many centuries later, the city-states of Northern Italy – with Venice and Genoa to the
- [Breaking the flow](https://ship.energy/magazine-features/breaking-the-flow/): Following Russia’s invasion of Ukraine in February 2022, the global seaborne crude and refined product trade fundamentally realigned due to sanctions, fostering strengthened partnerships and the formation of new alliances. Compounding these challenges, the persistent risk of Houthi-led attacks on vessels operating in the Red Sea since December 2023 presents additional concerns related to securing
- [Breaking the carbon lock-in](https://ship.energy/magazine-features/breaking-the-carbon-lock-in/): Decarbonising shipping and aviation are increasingly seen as crucial to meeting global climate targets, yet these sectors face unique challenges and resistance due to entrenched reliance on fossil fuels, complex infrastructure needs, and substantial investment in existing systems. In a recent research paper, focused on comparing the decarbonisation process of both shipping and aviation, Prof.
- [Financing the fuel transition](https://ship.energy/magazine-features/financing-the-fuel-transition/): In our companion article, we argue that fuel choice has not been a significant part of the newbuild brokerage engagement as, traditionally, all vessels were using the same fuels, and therefore, there was no opportunity for differentiation. The same can be said about shipping finance, where fuel choice has not been a relevant factor, either
- [Lessons from first movers](https://ship.energy/magazine-features/lessons-from-first-movers/): What do a Danish ferry operator, a Canadian tug and barge company and an Australian mining corporation have in common? They were among the first to trial and install new fuels or green technologies on their fleets.In 2020, Scandlines retrofitted a rotor sail on a ferry operated between Denmark and Germany. In 2023, Seaspan made
- [Learning curve](https://ship.energy/magazine-features/learning-curve/): It’s very apparent, global shipping’s drive to decarbonise is well underway. The shipbuilding profile is changing dramatically, highlighted by the 2023 order book showing 539 new builds capable of running on low-to-zero carbon fuels. Looking at the first nine months of 2024, 49% of the gross tonnage on order was for vessels configured to be
- [Tried and tested](https://ship.energy/magazine-features/tried-and-tested/): The International Maritime Organization (IMO) has set revised ambitions to reach net-zero greenhouse gas (GHG) emissions from international shipping by or around 2050.1 Discussions are already underway about the best routes for vessel operators to meet the IMO’s GHG emissions reduction ambitions and tests of new fuel formulations have started to reveal promising results.However, it’s
- [Layered landscape](https://ship.energy/magazine-features/layered-landscape/): The maritime industry is undergoing a significant shift in how it approaches fuel procurement. What used to be a straightforward process – contacting suppliers, comparing prices, and securing the best deal – now demands deeper focus when it comes to low carbon fuels, particularly on issues of sustainability and compliance. The low carbon fuels that
- [Looking for long-term](https://ship.energy/magazine-features/looking-for-long-term/): A few months into their feasibility study, the leaders of green molecule producers Lhyfe and Elyse Energy are beaming when asked about the progress of their joint Green Coast project, in which they plan to produce 150,000 tonnes of e-methanol a year, primarily destined to maritime transportation.Lhyfe intends to build a plant in the industrial
- [Plugged in](https://ship.energy/magazine-features/plugged-in/): Maritime decarbonisation targets are set, but questions remain around how the industry can reach the 20% reduction required by 2030, let alone full decarbonisation ‘by or around 2050’. The ‘simplest’ change – switching to low, or zero carbon-neutral fuels – runs into the reality that today these alternatives are often both expensive and in short
- [Staying the course](https://ship.energy/magazine-features/staying-the-course/): 2024 brought a wave of unprecedented federal funding to U.S. ports, propelling them forward on the steep path to industry decarbonisation. Through the U.S. EPA Clean Ports Program and the MARAD Port Infrastructure Development Program (PIDP), the federal government awarded billions of dollars for climate and air quality planning, technology deployment and infrastructure development at
- [Navigating uncertain waters](https://ship.energy/magazine-features/navigating-uncertain-waters/): The power of digitalisation lies in the flexibility that it brings, along with the operational efficiencies it can create. As a platform that is fortunate to play a part in key commercial decisions on both sides of bulk commodity marine trade, Veson Nautical and the Veson IMOS Platform is integrating key data into workflows where
- [Russian crude: take it or leave it?](https://ship.energy/magazine-features/russian-crude-take-it-or-leave-it/): The repercussions of the Russia-Ukraine war have rippled across the globe, with Europe at the heart of the invasion’s murky waters. Erasing Russia’s footprint on European refining is no mean feat – in 2021, Russian barrels accounted for 20% of Europe’s crude slate. North-West Europe took the lion’s share of that volume, consuming 1.3 million
- [Global traction](https://ship.energy/magazine-features/global-traction/): The use of mass flow meters (MFMs) for enhanced accuracy and transparency in bunkering has gained traction around the world. MFMs fulfil the demand by bunker buyers and sellers as well as key stakeholders for trust and transparency in bunkering quantity measurements. They meet the metrological requirements for system integrity as well as increase operational
- [Fit for purpose](https://ship.energy/magazine-features/fit-for-purpose/): For the global oil refining sector, meeting – and winning – the decarbonisation challenge requires root and branch change in terms of processes, operations and products. In the US and Europe, for example, ‘traditional’ oil refineries are being shuttered or repurposed to produce lower carbon fuels while the oil majors are rebranding themselves as energy
- [Wakeup call](https://ship.energy/magazine-features/wakeup-call/): FuelEU Maritime (FEUM), entering into force on 1 January 2025, is set to bring sweeping changes to the shipping industry. This regulation doesn’t just suggest lowering emissions; it mandates a shift to cleaner fuel and greater efficiency across all EU-operating vessels.The days of ‘waiting it out’ are over. FEUM’s strict compliance deadlines demand immediate, forward-thinking
- [The engine of change](https://ship.energy/magazine-features/the-engine-of-change/): Change is complex and often uncomfortable. Whether we like it or not, in terms of today’s operating context for the maritime industry, it’s the status quo.From new rules and standards to cutting-edge technologies in response to the urgent need to decarbonise, combined with macroeconomic and geopolitical volatility, the industry is operating amidst a lot of
- [Food for thought](https://ship.energy/magazine-features/food-for-thought/): Will the rubber ship’s stamp and hand signature be the last stumbling block to bunker traders, suppliers and their customers entirely accepting electronic bunker delivery notes (eBDNs)?To answer this question by way of analogy, here is a tale of two cats, which hangs on the question: Will they eat the food that’s good for them?’Both
- [The shock of the new](https://ship.energy/magazine-features/the-shock-of-the-new/): I recently visited the offices of one of the most prominent shipbrokers in Oslo. I met with a senior broker and several of his colleagues, and asked them: ‘How is your firm preparing for the fuel transition in shipping?’ The host replied: ‘We are not very proactive on this matter, because we expect the owners
- [Off limits](https://ship.energy/magazine-features/off-limits/): Over the past few years, the world appears to have moved from one crisis to the next. The COVID-19 pandemic has caused huge global disruption and restrictions on people and businesses, followed by the recent Russia-Ukraine conflict which has caused crude oil and energy costs to increase along with the greater worry of a potential
- [Buying better](https://ship.energy/magazine-features/buying-better/): In August 2021, Daniel Rose joined the Signal Group in the rather curiously named role of Entrepreneur in Residence. He had previously worked as CEO of LQM Petroleum Services, and his career has also spanned management roles at Integr8 Fuels and OceanConnect Marine. At the time, he told Bunkerspot that he would be focussing on
- [Driving innovation](https://ship.energy/magazine-features/driving-innovation/): The Yara Birkeland is moored at a quay full of dignitaries and youths dressed in national bunad dresses and suits. ‘We are young. We represent the future, as Yara Birkeland does,’ 12-year-old Malene Moen Straume says to the cheering crowd. Yara and Vard executives are congratulating themselves, five years after setting out to build the world’s first zero-emission container
- [Powering change](https://ship.energy/magazine-features/powering-change/): Shipping’s energy transition remains in its infancy and, as such, also remains largely unclear. The sector is having to learn in real time how to deal with new, previously unimaginable questions; from which fuels will lead shipping to zero carbon, and deciding on which clean technologies to invest in, to understanding the commercial impact of
- [Renewable rules](https://ship.energy/magazine-features/renewable-rules/): Historically, it was not so long ago that oil was a newcomer to the world of marine fuels. A century ago, in 1924, Japan’s Mitsui received the first ship that used diesel as its main propellant. The operational and commercial advantages of oil over coal drove shipping’s last energy transition over the course of five
- [The new order](https://ship.energy/magazine-features/the-new-order/): Fuel samples received by VPS account for over 60 million tons of fuel delivered per year. When looking back across 2021 and the issues relating to marine fuels, it has been a more positive year in terms of fuel quality, following the increase in the number of quality issues associated with the initial impact of
- [Full circle](https://ship.energy/magazine-features/full-circle/): The price of very low sulphur fuel oil (VLSFO) has doubled over the past year. LNG prices are also high, but this is expected to be a temporary situation as other gas supplies open up. While prices are high, liquefied biomethane (LBM or bio-LNG) is significantly cheaper than conventional LNG. With prices fluctuating, it’s clear
- [Safe and sound](https://ship.energy/magazine-features/safe-and-sound/): Blockchain is a technology that uses distributed data storage together with high-grade encryption to record transactions, protecting them from malicious revisions or deletion. This level of encryption is pushing the estimated value of the global blockchain market to be worth over $23 billion by 2023. While not a magical elixir that will resolve all of
- [Learning curve](https://ship.energy/magazine-features/learning-curve-2/): The maritime sector and other energy-dependent sectors face a significant challenge in planning for changes in operations that will require cleaner fuels to meet regulatory demands and the expectations of customers. Senior executives in the liner industry are asking internal and external experts which fuels will be viable and what shipboard systems should be considered
- [Terms may apply](https://ship.energy/magazine-features/terms-may-apply/): Shipping industry market participants are showing an increasing appetite for insights, knowledge and guidance in understanding the connection between Environmental, Social, Governance (ESG) topics, and long-term enterprise risk and opportunity. However, with regulations in flux, voluntary ESG disclosure mechanisms taking market players in different directions, and divisions stretched further because of stakeholder activism and broader
- [No turning back](https://ship.energy/magazine-features/no-turning-back/): The shipping industry’s energy transition is picking up speed, but it has still to achieve the required momentum. This marathon process has a long way to run but among the future fuel contenders, methanol is emerging as a short-term choice with a long-term role to play. The leadership shown by AP Møller-Maersk in ordering a
- [At the crossroads](https://ship.energy/magazine-features/at-the-crossroads/): As its many historical and archaeological sites attest, Malta has been prized for its strategic location by a long line of seafarers and empire-builders. Lying about 80 kilometres (km) south of Sicily and 400 km east of Tunisia, the Maltese archipelago is often described as being at the crossroads of the Mediterranean, where it is
- [Prime location](https://ship.energy/magazine-features/prime-location/): On 22 July, Egyptian Natural Gas Holding Company (EGAS), Kanfer Shipping and Leth Suez Transit revealed that they are working together to create a ‘strategic and competitive’ LNG bunkering hub in the Suez Canal. The news generated a lot of interest in the market, so we contacted Stig Hagen, Managing Partner with Kanfer Shipping, to
- [Security allies](https://ship.energy/magazine-features/security-allies/): The bunker industry is not immune to cyber crime. In December 2020, at the MarSec20+ conference, Steve Simms of Simms Showers LLP reflected on the increasing number of cyber incidents that he was being requested to support. At the MarSec21+ conference on 26-27 May, Julian Clark, Global Senior Partner at Ince, showed that we are only seeing and reporting
- [Expanding horizons](https://ship.energy/magazine-features/expanding-horizons/): Changes are coming to the Peruvian bunker market. A new China-backed port, a revamped refinery, an uptick in exports and a supplier looking to expand its supply base could all potentially be adding up to more shipping activity and increased bunker sales.The new port and container terminal– located at Chancay, about 80 kilometres (km) north
- [Smugglers ahoy!](https://ship.energy/magazine-features/smugglers-ahoy/): While the volumes of other illegal activities in Southeast Asia have risen and fallen, one crime has remained stubbornly consistent: smuggling. For decades a significant degree of smuggling activity has been taking place on the waters of Southeast Asia. Crime syndicates, sanction-busters and human traffickers are continuously moving a wide range of illicit cargoes throughout
- [Small print is king](https://ship.energy/magazine-features/small-print-is-king/): Imagine this: in 2018, the Save the Children charity received emails from one of its employees requesting funding for solar panels for its health centres. The charity had dedicated teams and a physical presence in Pakistan for over a decade prior to that, and their presence dated back to 1979. The funding request was for
- [Asking the right questions](https://ship.energy/magazine-features/asking-the-right-questions/): In a market that has experienced increased volatility, high fuel prices, more regulation, transactional challenges and constrained credit at the same time as transitioning to cleaner sources of energy, there is no question that the marine fuels supply chain has become far more complex than it was five or 10 years ago.The marine fuels market
- [Electric advantage](https://ship.energy/magazine-features/electric-advantage/): The benefits of hybrid power, incorporating both electric and propulsion engine power with or without energy storage, have long been known to ship operators in some segments. For many years shaft generator systems have given efficiency advantages on deep sea vessels. Today, new integration approaches are enabling coastal ships with a widely fluctuating power demand,
- [Cover story](https://ship.energy/magazine-features/cover-story/): The last 10 years for marine credit insurance have been challenging, to say the least. Aside from the Hanjin bankruptcy in 2016, there have been a whole raft of major defaults and bankruptcies amongst the bunker community, kicked off by OW in 2014 and then followed by Bunkers International in 2015, Wiljo in 2016, Macoil
- [Unlocking potential](https://ship.energy/magazine-features/unlocking-potential-2/): Ports are critical to the global supply chains that maintain modern society, being the hubs where most of the food, energy and consumer goods transit. Less known is ports’ vital role in helping the maritime sector (and the world as a whole) achieve its decarbonisation ambitions. But to be fully sustainable, ports must first be
- [Renewals strategy](https://ship.energy/magazine-features/renewals-strategy/): At the start of this year, DNV announced that it has teamed up with the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers, to launch a feasibility study regarding a commercial framework for orders of ‘green-fuelled newbuilds’ that will operate in the Baltic and North Sea areas.DNV said RSI members ‘see a
- [Flexible working](https://ship.energy/magazine-features/flexible-working/): Only five years ago, the use of liquefied petroleum gas (LPG) as a fuel in marine applications was non-existent, despite extensive applications onshore for domestic and manufacturing purposes. Today, almost 90% of newbuild LPG carriers are fitted with dual fuel engines and fuel gas supply systems, a significant step-change in the LPG carrier market. At
- [Scaling up](https://ship.energy/magazine-features/scaling-up-2/): It is abundantly clear that decarbonising the transportation sector, and shipping in particular, poses a formidable challenge. Energies available to shoreside facilities such as renewable electricity are hard to generate onboard ship despite a handful of projects focused on this problem.One of the issues facing owners is that the multi-fuel future is a phased process
- [Covering all bases](https://ship.energy/magazine-features/covering-all-bases/): As a bunker trader or supplier, you think about a lot of things. Prices, competition, supply sources. Maybe even now and then, your sales terms and conditions. With new fuels including new blends, bunker traders and suppliers should also now consider their insurance coverage. Are you sure that your present insurance policy will protect adequately
- [Step change](https://ship.energy/magazine-features/step-change-2/): To counter the complexity of environmental regulations and commercial pressures, shipping needs to start viewing the decarbonisation transition as a staircase. In this model, every step counts between now and 2050 – with the final step being the 100% use of alternative fuels. Many current debates are only focused on this last step – ignoring
- [Informed choices](https://ship.energy/magazine-features/informed-choices/): Time does not stand still at ZeroNorth, the Danish voyage and vessel optimisation company which was launched in 2020 to accelerate the transition to greener global trade. Since then, the firm has increased its workforce and expanded its service offering. Growth has been achieved both organically and through acquisitions. Last July, for example, it sealed
- [Team Player](https://ship.energy/magazine-features/team-player/): Industry collaboration – and the exchange of ideas and knowhow that such partnership fosters – is seen as one of the cornerstones in shipping’s mission to decarbonise. One of the first ‘knowledge hubs’ to take shape was the Copenhagen-based Maersk McKinney Møller Center for Zero Carbon Shipping (MMMCZCS), which was officially established in 2020 as
- [Troubleshooting](https://ship.energy/magazine-features/troubleshooting/): The marine fuel market continues to rapidly change, presenting various quality challenges to industry stakeholders. Lloyd’s Register’s FOBAS (Fuel Oil Bunkering Advisory Service) has observed a number of incidents in 2022, identifying themes, causes and the regional issues behind them.With off-specification fuel rates across the board largely remaining the same as they were in 2021,
- [Annual check-up](https://ship.energy/magazine-features/annual-check-up/): Global shipping began 2022 with such heightened optimism following a reduction in the impact of the global COVID-19 pandemic, after almost two years of human suffering worldwide. 2022 offered new hope that life and business could at last return to some level of normality. However, within only 55 days from the start of 2022, Russia
- [Crunch time?](https://ship.energy/magazine-features/crunch-time/): Most of the European Union (EU) has now joined the US, UK and Canada in banning oil imports from Russia. The US had phased out direct Russian crude and products imports by April last year. Ten months later most EU countries will have done the same.But Europe is much more dependent on Russian oil product
- [Coastal pathways](https://ship.energy/magazine-features/coastal-pathways/): In June, the International Council on Clean Transportation (ICCT) published a paper which looked at the role that fuel efficiency and low carbon fuels could play in decarbonising China’s coastal shipping. We caught up with the authors – Xiaoli Mao and Zhihang Meng, who are researchers with ICCT’s marine programme – to learn more. Why
- [Local knowledge](https://ship.energy/magazine-features/local-knowledge/): The Middle East Bunkering Convention always strikes a balance between discussion on the issues and developments impacting shipping and bunkering on a global footing and a focus on the drivers for change at a regional level. While speakers at the conference did not see significant near-term growth in bunker demand across the Middle East, Dr Iman Nasseri,
- [Stay safe](https://ship.energy/magazine-features/stay-safe/): With 90% of global trade transported by ocean shipping, and the number of containers shipped each year estimated at 200 million, global maritime is busier than ever. However, this increased pace is reliant on 24/7 operation for site vehicles and machinery, which is bringing increased safety risks. Recent – and frequent – port fires across
- [Shipping's big short](https://ship.energy/magazine-features/shippings-big-short/): Mandatory cap-and-trade carbon credit schemes such as the European Union’s Emissions Trading System (EU ETS) have been operational for over two decades. The schemes reward those who cut their emissions and make carbon pollution ever more costly for those who continue to pollute. The European Commission is revising the EU ETS as part of the
- [Few reasons to be cheerful](https://ship.energy/magazine-features/few-reasons-to-be-cheerful/): The Middle East Bunkering Convention (MEBC) returned to Dubai in early February with a record number of delegates and an impressive roster of speakers who offered insights on many of the key issues and concerns in today’s marine fuel industry, from both a global and a Middle East perspective.MEBC 2022 took place just a few weeks after
- [Boats from a small island](https://ship.energy/magazine-features/boats-from-a-small-island/): One of the recent focus areas of environmental and engineering consultant Ricardo is the impact of zero carbon electrofuels on the shipping activities and energy infrastructure of island economies. The company’s scope of work to date includes a study for the Environmental Defense Fund (EDF) looking at how the use of zero carbon fuels in
- [Port Calls](https://ship.energy/magazine-features/port-calls/): In a now oft-quoted report published in late 2021, undertaken by UMAS, for the Getting to Zero Coalition, it was estimated that the decarbonisation of shipping would require $1-1.9 trillion of investment. The study also highlighted that 87% of this ‘price tag’ would be required for land-based infrastructure and production facilities, primarily related to the
- [Back — to the future](https://ship.energy/magazine-features/back-to-the-future/): The arrival of COVID-19 changed the world of employment for many people. It became a more isolated place as people retreated to their homes to work, huge HQ buildings and small offices were shuttered and contact with industry colleagues and friends was reduced to ‘screentime’. The skies became (pleasingly?) quiet, empty spaces as planes were
- [No easy answers](https://ship.energy/magazine-features/no-easy-answers/): It is nearing a decade since the collapse of one of the pillars of the bunkering industry, OW Bunker & Trading A/S (OW Bunker), which filed for bankruptcy in Denmark in 2014. The market had been somewhat secure in its knowledge and experience of handling bunker disputes and claims, specifically for payment default on invoices,
- [Waiting for clarity](https://ship.energy/magazine-features/waiting-for-clarity/): The Polish energy sector is in a state of flux, as the country is still waiting on the European Commission (EC) to decide if PKN Orlen’s proposed acquisition of Lotos should go ahead – and Russia’s invasion of Poland’s easterly neighbour Ukraine has added even more uncertainty to the mix. REFINERS MERGING Orlen first announced
- [Market Research](https://ship.energy/magazine-features/market-research/): As a producer and trader of biofuels, Cargill sees a place for the product as part of the global energy transition, and, more specifically, within today’s – and the future – marine fuel mix. As a leading dry bulk carrier (chartering up to 700 vessels at any one time), Cargill is therefore a significant consumer
- [Exhaustive innovation](https://ship.energy/magazine-features/exhaustive-innovation/): It’s becoming increasingly understood that shipping needs to demonstrate more immediate action on its decarbonisation pathway. Recent climate talks and industry events, coupled with the weight of regulation, have reinforced the need for the industry to reduce its emissions in the immediate term. According to experts, the shipping industry is responsible for 940 million tonnes
- [Facing up to FuelEU Maritime](https://ship.energy/magazine-features/facing-up-to-fueleu-maritime/): With enactment in 2023, Europe’s FuelEU Maritime Initiative will be the first law explicitly requiring written contracts between marine fuel suppliers and their customers and regulating specific written contract terms.Marine fuel suppliers must be aware of how FuelEU Maritime will affect their customer and supplier relationships and prepare now to meet FuelEU Maritime requirements.FuelEU Maritime
- [2020 revision](https://ship.energy/magazine-features/2020-revision/): At the time of writing, this article would mark the third anniversary of the national lockdowns and other restrictions which were implemented by governments around the world to combat the spread of COVID-19. In the very same year of 2020, there were three other landmark events among others worth noting: the implementation of the International
- [And the winner is…](https://ship.energy/magazine-features/and-the-winner-is/): If I were to put myself in the (very) hypothetical position of being a shipowner facing the double whammy of fleet renewal and decarbonisation, I would, at the very least, be heading for a darkened room. The energy options that will enable shipping to deliver on the International Maritime Organization’s (IMO) decarbonisation targets have been
- [It all adds up](https://ship.energy/magazine-features/it-all-adds-up/): There remains a huge amount of latent inefficiency in shipping that can be resolved with the help of data, enabling the industry to shape our operations better and take a vital first step towards emissions reduction targets. We can first demonstrate this with an example: Neste, a Finnish energy company, operates a fleet of 20
- [Smoothing the transition](https://ship.energy/magazine-features/smoothing-the-transition/): Stakeholders from across the maritime industry face increasing pressure to reduce carbon emissions and must begin taking decisive action to decarbonise and become more sustainable. Regulatory requirements form a key part of this pressure, encompassing and supporting the targets set out by the International Maritime Organization (IMO) for GHG emissions reductions for 2030, 2040 and
- [We’re going to need a greener boat!](https://ship.energy/magazine-features/were-going-to-need-a-greener-boat/): Despite accounting for only 2.5% of global greenhouse gas (GHG) emissions, the maritime industry is a large and growing source of emissions. Maritime transport currently emits around 940 million tonnes of CO2 per year. This figure is predicted to increase between 50% and 250% if no measures are taken to decarbonise the industry. The International Maritime
- [Bridging the net-zero gap](https://ship.energy/magazine-features/bridging-the-net-zero-gap/): As the shipping industry continues to strive to balance compliance with profitability – while, at the same time being under intensified pressure on improving sustainability – it is critical to also ensure that existing ships are dealt with properly on the path to decarbonisation.It will be too expensive and logistically unfeasible to recycle and replace
- [Meeting the standard](https://ship.energy/magazine-features/meeting-the-standard/): When the International Maritime Organization’s (IMO) fuel sulphur limit came into effect on 1 January 2020, it brought into use large quantities of low sulphur fuel and, with it, a challenge to lubrication. The familiar balance between acidic high-sulphur fuels matched by high base-number (BN) alkaline lube oils had gone, to be replaced by a
- [A numbers game](https://ship.energy/magazine-features/a-numbers-game/): The recently introduced current Carbon Intensity Indicator (CII) regulations have several well-documented flaws. Industry experts have noted that the temptation to game the rules by increasing mileage on ballast legs to comply with CII regulations could be too much. In fact, many real-world scenarios exist in which abiding by the CII gradings will do more
- [Sleeping giant?](https://ship.energy/magazine-features/sleeping-giant/): Could Egypt finally be on the cusp of retaking its place at bunkering’s top table? In the early 2000s, Egyptian bunker sales regularly topped three million tonnes a year – but then a combination of political upheaval and fuel availability issues sent them crashing down. Over the past few years, it has often been asked
- [Front and centre](https://ship.energy/magazine-features/front-and-centre/): The decarbonisation of shipping and ports featured prominently in many of the presentations delivered during Portugal Shipping Week, which was held in early May at the famous Gare Marítima de Alcântara, situated at the mouth of the Tagus River in Lisbon. However, one very lively session at the flagship conference, organised by Petrospot, specifically focused on
- [Only connect](https://ship.energy/magazine-features/only-connect/): The recent Our Ocean Conference in Panama set forth strong commitments and pledges towards marine conservation – but despite these and other recent announcements, uncertainty around the future of the green maritime sector remains high.A collection of goals, ambitions, priorities and – most importantly – commitments and pledges were presented by various countries during the conference, which
- [Mapping the journey](https://ship.energy/magazine-features/mapping-the-journey/): A regulatory mapping exercise has identified ammonia, hydrogen, ethane and Dimethyl Ether (DME) as being among the ‘alternative’ marine fuels which may need future regulatory work.An extensive examination of the fuels’ regulatory landscape was conducted by the Alternative Low- and Zero-Carbon Fuels workstream of the GreenVoyage2050 Global Industry Alliance to Support Low Carbon Shipping (Low
- [Ready for green?](https://ship.energy/magazine-features/ready-for-green/): Shipping is at a crossroads on its decarbonisation journey, with 2030 and 2050 deadlines set by the International Maritime Organization (IMO) fast approaching in a fragmented operating landscape offering little clarity to ship operators on which fuels and technologies will be affordable and freely available.While there are certainly solutions being discussed – ranging from LNG,
- [Point of origin](https://ship.energy/magazine-features/point-of-origin/): Ship owners and ship operators face a complex challenge in meeting the International Maritime Organization (IMO) and European Union (EU) regulations without affecting their fleet profitability.Although their challenge may be complex, the solution is straightforward: returning to the roots of shipping and using wind power once again.Wind propulsion – a solution that benefited humanity for
- [Questions a supplier must ask](https://ship.energy/magazine-features/questions-a-supplier-must-ask/): 'What can we get away with to make the deal happen?’ If this question is your approach to tackling sanctions and compliance checks then you are in for a short history as a bunker supplier. A more suitable question is: ‘What are we allowed to do and what range of checks should we make?’ There
- [Tomorrow’s goals, today](https://ship.energy/magazine-features/tomorrows-goals-today/): One of the most impactful changes that shipping could make today is to start treating wind power as a propulsion source rather than an efficiency measure. This might seem like a technicality, but it’s an important distinction and one that could dramatically reduce the maritime sector’s carbon emissions and influence its pathway for the coming
- [Wind is ready](https://ship.energy/magazine-features/wind-is-ready/): Throughout the industrial galaxy of maritime transport, sailing ships are often seen as the witnesses of a beautiful history of the men and the sea, the way our ancestors used to do it. Today, these ships mostly represent heritage, a sport or a means of pleasure. At a time when the maritime sector is stunned
- [Return voyage](https://ship.energy/magazine-features/return-voyage/): During the last 18 months we have seen the development of green shipping corridors as solution for kick-starting decarbonisation in the sector being greeted positively by governments, ports and shipping concerns around the world, which is a significant step forward.But is the use of navigation routes a new thing? Peering into antiquity, the South Pacific
- [Chain reaction](https://ship.energy/magazine-features/chain-reaction/): The shipping and bunker industries entered 2022 with the expectation that the commercial and operational havoc caused by two years of a global pandemic would continue to ease. There was some positivity to the start of the year, although global bunker demand was still below 2020 volumes, marine fuel prices were on the rise and
- [Stress test](https://ship.energy/magazine-features/stress-test/): The Middle East Bunkering Convention (MEBC) returned to Dubai as an in-person event in early March, after a two-year hiatus caused by COVID-19. There was a lot for delegates and speakers to catch up on in terms of how the pandemic had impacted fuel supply and demand in the Fujairah, regional and global bunker markets, the disruption and
- [Corridor vision](https://ship.energy/magazine-features/corridor-vision/): Green corridors are rightly seen as a critical component of the maritime industry’s decarbonisation efforts and early initiatives have been welcomed for demonstrating their potential to the process.The next phase will be to develop the green corridor concept so it can be applied more widely. Interest is emerging quickly from port, shipper and shipowning interests
- [The buck stops where?](https://ship.energy/magazine-features/the-buck-stops-where/): The European Union’s (EU) Emissions Trading System (EU ETS) was established in 2005 to support the delivery of the EU’s carbon reduction target. It is the largest cap and trade scheme globally, with a 2020 cap of 1.8Gt CO2e and 15,000 EU installations monitored yearly. CO2 emissions from aviation have been included in the EU ETS
- [Reality check](https://ship.energy/magazine-features/reality-check/): The Global Centre for Maritime Decarbonisation (GCMD) was formally established in August 2021 with the support of the Maritime and Port Authority of Singapore (MPA) and an initial team of six founding partners – BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Sembcorp Marine.The Centre is focused on supporting
- [Dark matter](https://ship.energy/magazine-features/dark-matter/): Russia’s war in Ukraine has set the energy market alight, since and even prior to the commencement of military operations on 24 February 2022. Russia’s aggression has been met by a host of economic sanctions from countries and organisations we collectively attach to the ‘western world’ including the EU and the G7, the latter comprising
- [Full accountability](https://ship.energy/magazine-features/full-accountability/): Understanding and quantifying business-related emissions as well as life-cycle accountability are key for the industry’s success in decarbonising supply chains.The United Nations’ International Maritime Organization (IMO) has projected that by 2050, shipping’s annual greenhouse gas (GHG) emissions will be at 90% to 130% of 2008 levels, in the absence of ambitious policy action. However, for
- [Sea change](https://ship.energy/magazine-features/sea-change/): Last December, 22 Mediterranean States joined forces in deciding to submit a joint proposal to the International Maritime Organization (IMO) for the designation of the Mediterranean as an Emission Control Area for Sulphur Oxides (Med SOx ECA). This outcome has been in the making since 2005, and translates, if and when adopted by the IMO,
- [Taking stock](https://ship.energy/magazine-features/taking-stock/): South Africa is at the sharp end of the changes taking place in the oil refining business. Across the world, refineries are being closed, ‘repurposed’ as storage terminals or expensively converted from fossil fuel processing units to manufacturing plants for bio- or low-carbon fuels – and South Africa exemplifies the trend. Historically, South Africa’s bunker
- [Green seafarers](https://ship.energy/magazine-features/green-seafarers/): Years ago, someone using the term ‘green seafarer’ would be referring to a person who was either a novice or unwell – but at any rate someone who had a lot to learn on board. These days it’s a different matter. With industry-wide decarbonisation targets fast approaching, global ship operators are having to consider where
- [Open to change](https://ship.energy/magazine-features/open-to-change/): As alternative fuels enter the market, and pressure grows on owners to decarbonise, one of the highest strategic priorities is to ensure that a fleet can keep its options open and remain future proof. At Nor-Shipping this year, for example, shipowners were told that the ability to secure ESG (Environmental, Social and Governance) investment goals
- [Putting people first](https://ship.energy/magazine-features/putting-people-first/): In the debate over shipping’s energy transition and the alternative fuels that will propel the low carbon shipping fleet of the future, our attention is understandably focused on the physical qualities and constraints of the fuels; their energy content, technical characteristics, safety and handling issues, and of course, supply, demand and price considerations.However, when it
- [Keeping the transition on track](https://ship.energy/magazine-features/keeping-the-transition-on-track/): Russia’s invasion of Ukraine has sparked a hike in fuel prices and raised concerns over energy security and Europe’s reliance on Russian oil and gas. For some, this is a watershed moment that actually strengthens the argument to move away from fossil fuels. But others say that we should ‘go easy’ on the energy transition
- [Can we predict the wind?](https://ship.energy/magazine-features/can-we-predict-the-wind/): The resurgence of sails has handed ship owners an exciting new tool to comply with increasingly stringent climate targets. But while wind-assist devices can offer dramatic fuel reductions, they can evoke feelings of uncertainty in a notoriously risk-averse space. Can we ever accurately predict the wind? As the renaissance of wind scrambles to the front
- [Act now or pay later](https://ship.energy/magazine-features/act-now-or-pay-later/): Over the past two years, the COVID-19 pandemic has thrown our global economy into chaos – emptying store shelves, shattering workers’ job security, and causing traffic jams of ships outside ports. As the repercussions of the pandemic still echo throughout the supply chain, another crisis, this time in Ukraine, is causing volatility in the energy
- [Cell growth](https://ship.energy/magazine-features/cell-growth/): Two Norwegian ferries are to be powered by ground-breaking advances in maritime fuel cell power systems, and it is expected that these multi-MW clean energy systems will be the first of a new generation of fuel cells.One of the key advantages of fuel cell systems, beyond their obvious zero-emission potential, is their modularity. They consist
- [Optimal pairing](https://ship.energy/magazine-features/optimal-pairing/): Clearly the maritime industry is undergoing a profound and transformative period of change as decarbonisation and digitalisation challenge conventional ways of thinking and working in the sector. In this era of multi-tiered and complex regulations, increased focus on health and safety, mounting demand for reduced downtime, costly part failures and environmental governance, it’s important to
- [A real contender?](https://ship.energy/magazine-features/a-real-contender/): Owners of deep-sea vessels are looking for more sustainable fuel options in a bid to meet the increasingly stringent and ever-nearing decarbonisation targets for 2030 and 2050 set by the International Maritime Organization (IMO).With the IMO looking to reduce the shipping sector’s greenhouse gas emissions by 50% in 2050 compared to 2008 levels, it would
- [Hydrogen highway](https://ship.energy/magazine-features/hydrogen-highway/): In January of this year, the government of my home country, Panama, made an interesting announcement: that it would be starting the first phase of the country’s Green Hydrogen Roadmap, which it developed with support from the Inter-American Development Bank (IADB). Through this roadmap, the government announced, the country could establish itself as a ‘hub
- [Step Change](https://ship.energy/magazine-features/step-change/): Advancing maritime’s decarbonisa-tion journey by evolving cylinder oil chemistry is a complex and demanding business. While the use of low sulphur fuels (very low sulphur fuel oil (VLSFO) and ultra-low sulphur fuel oil (ULSFO)) has clear benefits on emissions reduction, what has been proven is that challenges around fuel blend quality and its combustion have
- [The end of globalisation?](https://ship.energy/magazine-features/the-end-of-globalisation/): It was American author and New York Times Foreign Affairs columnist Thomas Friedman who brought ‘globalisation’ to the world’s attention. In his 1999 best-seller The Lexus and the Olive Tree, Friedman described globalisation as the international system that replaced the Cold War’s bi-polar world. He went on to explain how globalisation freely integrated capital, technology,
- [Back to bunkers?](https://ship.energy/magazine-features/back-to-bunkers/): Two years ago, when countries were closing borders to stop the spread of COVID-19 and crude prices had dropped to below $20 a barrel, it was hard to envisage crude hitting $130 a barrel, as has been seen recently. During the same period, gas prices rose from below $2/mmbtu in May 2020 for Northeast Asia
- [Today's go-to fuel?](https://ship.energy/magazine-features/todays-go-to-fuel/): The International Maritime Organization (IMO) has set its sights on a 50% reduction in greenhouse gas emissions from shipping by 2050, compared to 2008 levels. Given that the oil-hungry shipping sector facilitates over 80% of global trade, contributes to 2.5% of global CO2-equivalent emissions and that vessels typically have a 20-year-plus operational lifespan, this is
- [Building the future](https://ship.energy/magazine-features/building-the-future/): In April this year, the Belfast shipyard of Harland & Wolff delivered its first complete vessel in more than 20 years – marking what many believe could be a milestone moment in the revitalisation of the UK shipbuilding industry.The ship in question was the first of 23 barges that Harland & Wolff will be building
- [Getting ready for green](https://ship.energy/magazine-features/getting-ready-for-green/): At the start of April, Yara International announced that it had signed a commercial agreement with Azane Fuel Solutions to establish a carbon-free ammonia fuel bunker network in Scandinavia. The agreement will see Azane design and construct 15 floating bunkering terminals which Yara – one of the world’s largest ammonia producers – will use to
- [The loan arrangers](https://ship.energy/magazine-features/the-loan-arrangers/): Shipping’s decarbonisation, the evolution of European maritime transport hubs, developing workforce skills, the growth of the blue economy – and the role of the Portuguese flag in supporting and advancing these key maritime drivers – informed the presentations and the discussions at the headline conference during the inaugural Madeira Maritime Week, held in Funchal in
- [Making the switch](https://ship.energy/magazine-features/making-the-switch/): In August 2021, Victory Pte Ltd (VPL), formerly known as Victory Petroleum Trading, announced the signing of a Memorandum of Understanding with Sea Forrest Power Solutions, a subsidiary of BH Global Corp., for the conversion of the Singapore marine fuel supplier’s bunker tankers to hybrid electric propulsion, as well as the design and supply of
- [Deposit withdrawal](https://ship.energy/magazine-features/deposit-withdrawal/): According to the International Monetary Fund’s World Economic Outlook, many countries experienced high inflation at the end of 2021, something which has not been seen in more than 20 years. With high inflation typically defined as 12-month inflation greater than 5%, some have estimated that inflation’s impact of higher shipping and operating costs could last
- [Clearing the pathway](https://ship.energy/magazine-features/clearing-the-pathway/): Following months of intense discussions and a marathon trilogue meeting ending at 4:30am with a provisional agreement, negotiations on the FuelEU Maritime regulation came to a close on 24 March.The FuelEU Maritime agreement includes a trajectory for ships to cut the greenhouse gas (GHG) intensity by 2% by 2025, 6% by 2030, 14.5% by 2035,
- [New wave](https://ship.energy/magazine-features/new-wave/): Each vessel operates within multiple parameters, and this can cause challenges for ship operators and owners on how best to manage a vessel and be able to make decisions accurately and quickly. While the ‘here and now’ operating parameters of a vessel are critical, so too is planning for the future. What has become increasingly
- [Open doors](https://ship.energy/magazine-features/open-doors/): With the supply chain readjusting after pandemic lockdowns, Hambantota International Port (HIP) sees opportunity in positioning its services at the halfway point between Singapore and Fujairah on the east-west sea routes of the Indian Ocean. Hambantota International Port Group (HIPG) says they are well set to add value to the global logistics market. We contacted
- [On the money](https://ship.energy/magazine-features/on-the-money/): Delivering on environmental targets is increasingly becoming a condition of new finance. It’s important that shipowners adapt to this new reality whether they are large enough to expect to participate directly in green bonds or if they are smaller and will need to fit in with the criteria of their lenders.Houlder’s recent survey of shipowners
- [Not so simple](https://ship.energy/magazine-features/not-so-simple/): As decisive action to tackle emissions from ships at the International Maritime Organization (IMO) stalls, bogged down in the usual arguments, many developed nations are turning their attention to regulating emissions at-berth. Here they have more control and political pressure to act: citizens are increasingly demanding more action to improve air quality in port cities
- [Learning the ropes](https://ship.energy/magazine-features/learning-the-ropes/): The prospect of shipping’s inclusion in the European Union’s (EU) Emissions Trading System (ETS) has been on the horizon for many months, but in mid-April, after much discussion, tweaking, and rounds of voting, the text of the proposed regulation finally gained the approval of the European Parliament. The EU ETS, which forms one of the
- [Answering the call](https://ship.energy/magazine-features/answering-the-call/): Two spectres loomed large over both 2020 and 2021: COVID-19 and Carbon. It seems that the coronavirus will still be with us in 2022 and maybe even beyond, as new variants threaten to spark infection surges – but at some point, the tide will turn and the pandemic will be reined in. Climate change, however,
- [Branching out](https://ship.energy/magazine-features/branching-out/): The marine fuels industry, like many others, has had a bumpy ride over the past couple of years as it battles with the vicissitudes in global trade and bunker demand caused by the COVID-19 pandemic. However, even before the virus wreaked its havoc, there had been – and continue to be – voices in the
- [Showing the way](https://ship.energy/magazine-features/showing-the-way/): Norway regularly features in the world’s top five largest shipping nations – some distance behind China, Japan and Greece admittedly, but competing strongly with the US. However, most of its ships are plying international waters and calling at foreign ports, so while Norway is a big presence on the buying side of the bunker industry
- [Covering all bases](https://ship.energy/magazine-features/covering-all-bases-2/): As shipping assesses the fuel and technology options that can help it meet the IMO’s 2030 and 2050 greenhouse gas (GHG) emissions reduction targets, a plethora of studies and white papers continue to enumerate the pros and cons of each new fuel, from operational, technical and commercial perspectives. LNG has, of course, been on the
- [Intelligent solutions](https://ship.energy/magazine-features/intelligent-solutions/): The maritime industry has been slow to embrace artificial intelligence (AI) and machine learning to help with operational efficiencies, but the good news is that leading ship owners and operators are now realising the potential of analysing real-time data to optimise fuel consumption. This is achieved by using AI algorithms to analyse data from sensors
- [In plain sight](https://ship.energy/magazine-features/in-plain-sight/): In recent years there has been a lot of talk of ‘transparency’ in the marine fuel market. It seems to me that people in our industry fall into two broad camps on this issue: you are either vehemently for it, or against it. Let’s analyse this a little and try to understand the drivers of
- [Data to analysis](https://ship.energy/magazine-features/data-to-analysis/): It is exciting to see the growing interest in new marine fuels, but it’s also important to acknowledge that most of them have yet to become price competitive and the regulatory incentives for their take-up currently remain low. To enable the energy transition, we need to break it down into achievable and actionable goals. Fortunately,
- [Transparency audit](https://ship.energy/magazine-features/transparency-audit/): It is an aspiration across industries to operate according to best practices and the highest standards. Almost every seminar and news article focus on the continuing need to achieve standardisation and transparency. This is with the aim to be better, or the best at what we do. But how do we prove to ourselves or
- [Culture of care](https://ship.energy/magazine-features/culture-of-care/): Skilled seafarers are our industry’s backbone, yet they are an increasingly scarce commodity. They sit at the heart of the industry’s ongoing revolutions in safety and environmental stewardship — initiatives for decarbonisation and Environment, Social, Governance (ESG) criteria that will alter demands across the supply chain, impacting crew and their day-to-day lives. Our success and
- [Plus points](https://ship.energy/magazine-features/plus-points/): In October 2021, Dan-Bunkering announced that US-based bunker broker LQM Petroleum would be assimilated into the trading company’s brand. One of the world’s largest marine fuel brokers, LQM was acquired by Bunker Holding in 2015 and at the time of that deal the company handled around 10 million metric tonnes of bunker fuel each year
- [Mistaken identity](https://ship.energy/magazine-features/mistaken-identity/): A client of law firm Bech-Bruun – a large shipping company – was recently acquitted in a criminal case in which the client was charged with a violation of the EU Sulphur Directive concerning the limits on the sulphur content in bunker fuel. The prosecution had claimed a fine of more than DKK 200,000 (approximately
- [Slip Away](https://ship.energy/magazine-features/slip-away/): The Methane Abatement in Maritime Innovation Initiative (MAMII) celebrated its first birthday recently at Gastech 2023 in Singapore. Tackling the methane issue is essential if LNG is to play a role in shipping’s fuel transition. MAMII’s membership, which doubled over the first year, is a ‘who’s who’ of LNG shipping and reflects the level of
- [Checks and balances](https://ship.energy/magazine-features/checks-and-balances/): As we move into 2022 and look forward to a further easing of COVID-19 restrictions in many countries, we slowly begin to get out and meet people again. It seems appropriate to use this opportunity to share a few hopes and aspirations, both personally and as an industry, for the new year. Despite what many
- [Fair's fair](https://ship.energy/magazine-features/fairs-fair/): For shipping’s decarbonisation to be in line with the Paris Agreement temperature goal, by 2030, we must reach at least 5% zero-emission fuels in international shipping and have commercially viable zero-emission vessels operating along deep-sea trade routes. By the 2040s, zero-emission fuels need to become the dominant fuel source. This will need to be supported
- [Learning Curve](https://ship.energy/magazine-features/learning-curve-3/): The marine sector faces a major challenge which needs to be tackled with some urgency. Collectively we need to understand that we have a series of related problems which, as yet, do not seem to attract the urgency that is needed. They fall into three individual but connected areas, and I will attempt to tackle
- [Collaboration takes off](https://ship.energy/magazine-features/collaboration-takes-off/): For shipping’s decarbonisation to succeed, it needs to make good business sense for companies across our diverse industry. This is a fundamental truth. And for any new measure to take hold, it needs to work in practice for each company’s operations, businesses, and workflows – crucially, without putting their bottom lines in jeopardy.As such, passing
- [Peak performance](https://ship.energy/magazine-features/peak-performance/): In the past, some commercial marine fuel additives have under delivered against their claims. Now, with the International Maritime Organization (IMO) setting tough new greenhouse gas emissions regulations, ship operators must look for proven ways to burn less fuel and emit less pollution. To facilitate the drive towards greenhouse gas emissions reduction and improved air
- [Playing the long game](https://ship.energy/magazine-features/playing-the-long-game/): Let us start with the bad news: CO2 emissions from shipping have gone up, while they should have gone down. During the last 10 years, emissions have increased by more than 20%. When we published this figure, some readers were surprised – which I in turn found surprising.The reason why readers may have been surprised
- [Proceed with caution](https://ship.energy/magazine-features/proceed-with-caution/): First of all, a bit of caveat emptor here. What does a lawyer know about the engineering and safety aspects of ammonia fuelled vessels? The answer is, frankly, not as much as others. However, I have spoken to several marine engineers and seafarers generally while conducting my research for this article. I would like to
- [Business as unusual](https://ship.energy/magazine-features/business-as-unusual/): The maritime energy transition has begun, no doubt about that. Six months have passed since the International Maritime Organization (IMO) accomplished a historical agreement at the 80th meeting of the Marine Environment Protection Committee (MEPC80), including the stepwise checkpoints towards net zero by 2050: at least 20% (striving for 30%) reduction compared to 2008 levels
- [Global route map](https://ship.energy/magazine-features/global-route-map/): Discussions on climate change are taking centre stage around the globe, not just on a regular basis but also at high-level events such as COP26 in November 2021. These discussions impact all industries including maritime, which continues to focus on ways to sustainably achieve stated commitments to carbon emissions reduction. International shipping ties the world
- [Great expectations?](https://ship.energy/magazine-features/great-expectations/): Demand in the Mediterranean for marine biodiesel blends is rising in anticipation of the inclusion of shipping in the EU emissions trading system (ETS) from 2024 as well as emissions targets under the FuelEU maritime initiative starting in 2025.Further, IMO’s Carbon Intensity Indicator (CII) as a measure of vessel energy efficiency kicked off this year,
- [Answering the call](https://ship.energy/magazine-features/answering-the-call-2/): As world leaders confront the need to curb global warming, the shipping industry is facing the challenge to limit its own contribution to greenhouse gas (GHG) emissions. The International Maritime Organization (IMO) has outlined its ambition to reduce GHG emissions from shipping by at least 50% by 2050 compared to 2008 levels. Marine engine developer
- [All change!](https://ship.energy/magazine-features/all-change/): We may soon look back on Autumn 2021 as the moment everything changed for decarbonising the shipping sector. The number and scale of ambitious declarations from governments and the industry could be a positive tipping point. The question now is: will the International Maritime Organization (IMO) play a key role in bridging the gap between
- [Sea of love](https://ship.energy/magazine-features/sea-of-love/): We are living in a time of profound hope. Twenty-first century social movements from Black Lives Matter to Me Too and Occupy Wall Street have caused long-standing oppressive norms and practices of our cultures to receive stricter scrutiny than ever before. We are maturing as a society, becoming more aware of, and sensitive to, the
- [Drivers for change](https://ship.energy/magazine-features/drivers-for-change/): Shipping is at the cusp of a multifaceted transformation, with greater collaboration, effective regulation and goal-linked financing playing a large part in determining the route we take for the future.While the future is murky for most in the industry, there are certain milestones already visible on the horizon, pointed out a group of panellists at
- [Succession](https://ship.energy/magazine-features/succession/): Llewellyn Bankes-Hughes (LBH): This year, Petrospot celebrates its 20th anniversary, but just over 30 years ago I was part of the original team that created IBIA, and then organised the first IBIA Conference, in Orlando in May 1993. Since then, I have always followed IBIA closely and it has been an interesting journey.First, I am
- [Green or greenwashed?](https://ship.energy/magazine-features/green-or-greenwashed/): Keen observers of the clean energy transition will be familiar with the fact that the hydrogen debate is colourful. Hydrogen is a colourless gas, but that has not stopped the debate about hydrogen being dominated by a discussion about colours: grey hydrogen, blue, green, pink, yes even turquoise hydrogen. Depending on the production pathway, different
- [Eyes on the prize](https://ship.energy/magazine-features/eyes-on-the-prize/): The extension of the European Union’s Emission Trading System (ETS) into mobility-focussed industries, proposed under the set of legislative proposals collectively labelled Fit for 55, is central to the drive towards carbon neutrality. The Methanol Institute (MI) welcomes Fit for 55 as an opportunity to advance the availability of alternative fuels for shipping. But we urge the European
- [The engine of change](https://ship.energy/magazine-features/the-engine-of-change-2/): The market has recognised methanol as one of the future fuels. In the matter of choosing an engine design for future carbon-neutral or carbon-free fuels, shipowners and charterers find themselves in a challenging situation today. The decarbonisation of the marine fleet worldwide clearly recognises the intention of acting to reduce the emission impact on the
- [Data highway](https://ship.energy/magazine-features/data-highway/): As the global demand for goods increases, so does the need for innovative solutions to mitigate the environmental impact of expanding supply chain operations. As processes and capabilities evolve to service customer requirements, many producers, suppliers and shippers find themselves at the crossroads of environmental responsibility and operational efficiency, yet the latest generation of telematics
- [Seize the day](https://ship.energy/magazine-features/seize-the-day/): COP26 has put the contribution of methane to climate change further into the spotlight, with global leaders highlighting its huge warming potential and pledging major reductions in methane emissions by the end of the decade. This will further increase the pressure on LNG proponents, who were already under intense fire after the World Bank voiced
- [Fuel for thought](https://ship.energy/magazine-features/fuel-for-thought/): Caught between ever-increasing operational costs and tightening regulatory requirements, ship operators find themselves called upon to consistently improve performance despite having financial pressures limit resources available to meet those targets. Our industry needs viable and scalable solutions that can meet immediate global imperatives – reduce fuel waste, save on costs, improve operations, and meet compliance
- [Going mainstream](https://ship.energy/magazine-features/going-mainstream/): 2023 could fairly be called the year that methanol went mainstream, with new methanol-capable vessel orders ahead of those for other dual fuel ship types, according to classification society DNV.DNV’s Alternative Fuels Insight platform logged 298 ships with alternative fuel propulsion ordered in 2023 – an 8% increase year on year – and a further
- [Micro management](https://ship.energy/magazine-features/micro-management/): At the time of writing, it would mark seven years since bio-derived fuel grades, designated as DFA, DFZ, and DFB and collectively referred to as DF grades were introduced as part of the sixth edition of ISO 8217 – Specifications of marine fuels.At its release in 2017, the international fuel standard had indicated that the
- [Core values](https://ship.energy/magazine-features/core-values/): Determining fuel provenance is a long-standing conundrum for the shipping sector, and while ‘getting what you pay for’ is an industry mantra that is usually applied to the problem of short delivery it is equally relevant to the issue of fuel quality. The introduction of a raft of new, largely blended very low sulphur fuel
- [In safe hands](https://ship.energy/magazine-features/in-safe-hands/): Zero carbon fuels such as ammonia and hydrogen have potential to significantly lower the carbon footprint of shipping; particularly when using well-to-wake emissions criteria in the next decade.The use of ammonia as a fuel is expected to grow due to its zero carbon content. This growth is expected because the distribution, storage and bunkering supply
- [Leading the charge](https://ship.energy/magazine-features/leading-the-charge-2/): I am a mariner. I have spent my life on barges and short sea vessels. And I’ve never been more excited to be involved in inland shipping and especially in helping us take climate action by decarbonising and electrifying this sector. For me, moving to zero emissions shipping on Europe’s waterways is deeply personal. My
- [Under the radar](https://ship.energy/magazine-features/under-the-radar/): To avoid exacerbating the climate crisis, the shipping sector must rapidly decarbonise in line with the Paris Agreement’s 1.5oC temperature target and the International Maritime Organization’s (IMO) ambition of achieving net-zero greenhouse gas emissions by, or around, 2050.Ports, as key hubs for transport and energy systems, are critical enablers for maritime decarbonisation efforts. They can
- [Laying it on the line](https://ship.energy/magazine-features/laying-it-on-the-line/): Fuel prices have been a source of much controversy in Ecuador over the past couple of years – but the debates, and the street demonstrations, have been sparked by the rising costs of running cars, riding buses and heating houses, rather than bunkers. LIMITED REFINING CAPACITY Even though Ecuador produces around 500,000 barrels a day
- [Managing complexity](https://ship.energy/magazine-features/managing-complexity/): The single biggest cost item for ship operators is bunkering, and full control over that cost has always been central to achieving profitability. Now, however, the complexity of bunker planning is increasing as new rules and regulations are introduced. Efficiency in bunker planning, procurement, and reporting is, therefore, likely to become an ever-bigger factor in
- [Adding interest](https://ship.energy/magazine-features/adding-interest/): Increasing uncertainty and volatility in the bunker market, combined with a number of quality issues, means that we have recently seen an increase in bunker buyers and shipowners disputing the amount payable or refusing to pay for bunkers that have been supplied. A common problem faced by bunker sellers is not just getting paid for
- [Cii (it’s pronounced ‘sigh’)](https://ship.energy/magazine-features/cii-its-pronounced-sigh/): The International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII) entered into force at the end of 2022. The CII regime captures a wide range of ship types above 5,000 GT, which are categorised annually according to their carbon emissions, from A (for the cleanest ships) to E (for the dirtiest). To assist commercial operators in
- [The right choice](https://ship.energy/magazine-features/the-right-choice/): In mid-November, Norwegian bunker fuel trader and broker Bergen Bunkers announced it had signed up to use Inatech’s trading risk management software, ‘Bunkertech’. Bergen Bunkers’ CEO Sveinung Juvsett said Bunkertech would enable the company to ‘future proof’ its operations. He pointed to the importance of having a software solution ‘that will be developed and improved
- [Leading the way](https://ship.energy/magazine-features/leading-the-way/): All eyes were on COP28 last December when the world’s leaders and climate activists met in Dubai to chart a way forward in the global fight against climate change. COP28 closed with an agreement that would transition participating countries away from fossil fuels, but stopping short of the goal to phaseout oil, coal and gas.Amidst
- [In-depth knowledge](https://ship.energy/magazine-features/in-depth-knowledge/): Shipping’s decarbonisation is proving to be a major catalyst for invention and innovation in the development of new marine fuels, propulsion systems and other ‘clean’ technologies which will collectively drive down the sector’s greenhouse gas emissions. The International Maritime Organization’s (IMO) Energy Efficiency Existing Ship Index (EEXI), set for implementation in January 2023, also provides
- [Virtually reality](https://ship.energy/magazine-features/virtually-reality/): I was introduced to autonomous ships back in 2015 during my maritime studies. An exotic concept back then, I could see obvious advantages in terms of crew welfare and maximising carriage potential. However, I could not wrap my head around the complexities in terms of achieving safe navigation and protecting cargo, bearing in mind ships
- [Scanning the horizon](https://ship.energy/magazine-features/scanning-the-horizon/): The past year has highlighted a strong global commitment from the European Union (EU) and the International Maritime Organization (IMO) towards environmental protection, emphasising decarbonisation as a key priority. While EU Emissions Trading System (ETS) regulation is receiving considerable attention as it has already taken effect from 1 January, FuelEU Maritime is a significant challenge
- [Carbon challenge](https://ship.energy/magazine-features/carbon-challenge/): It should come as no surprise that the International Maritime Organization (IMO) continues to set aggressive decarbonisation targets for the global shipping industry. During the Marine Environment Protection Committee (MEPC) meeting in June 2021, the IMO adopted amendments to MARPOL Annex VI, introducing two amendments that will require ships to reduce their greenhouse gas (GHG)
- [Action Plan](https://ship.energy/magazine-features/action-plan-2/): 2023 saw the International Maritime Organization (IMO) set a radically different course for shipping and climate change. Full decarbonisation by 2050, with deep cuts by 2030. But 2030 is just six years away, so 2024 needs to be the year where the shipping sector finally steers its carbon emissions on a rapidly downward course. This
- [Human factor](https://ship.energy/magazine-features/human-factor/): COP26 yielded a raft of shipping-related climate action commitments and initiatives – among them the Declaration on Zero-Emission Shipping by 2050; the Clydebank Declaration and the Quad Green Shipping Network (which will both be creating green shipping corridors); and the Global Maritime Forum’s Call for Action. But one stood out as being rather different. The Just Transition Maritime
- [Going East](https://ship.energy/magazine-features/going-east/): Russia’s seaborne refined product exports climbed to 2.544 million barrels a day (b/d) during December, a nine-month high, buoying total output to 2.491 million b/d during 2023, per S&P Global Commodities at Sea. Shipments gained 62,000 b/d on year.Refineries returned online in earnest following heavy maintenance in October as runs fell to 5.3 million b/d,
- [In with the new](https://ship.energy/magazine-features/in-with-the-new/): Glander International Bunkering marked the start of 2024 with a New Year’s resolution to become its customers’ ‘preferred partner for new fuels and carbon traders’. The effort will be spearheaded by the recently-appointed Head of New Fuels, Frederik Moser, who joined the group in September.Bunkerspot caught up with Moser soon after his appointment to find
- [Take Note](https://ship.energy/magazine-features/take-note/): Starting out as a spin-off from Maersk Tankers in mid-2020, a little over three and a half years later ZeroNorth has firmly established its position at the forefront of innovation in the digitalisation space. Across maritime, the pace of technological development is accelerating, and ZeroNorth has also followed a rapid growth trajectory as company, achieved
- [The rest is politics](https://ship.energy/magazine-features/the-rest-is-politics/): Political and military conflicts have loomed large over the global economy over the past few years. News about the ebb and flow of the conflict in Ukraine will occasionally spark a change in oil prices, but for the most part it seems that the sanctions on Russia and the reconfiguration of oil and gas supplies
- [Clear thinking](https://ship.energy/magazine-features/clear-thinking/): The Port of Rotterdam is set to make the use of mass flow meters (MFMs) compulsory for bunker deliveries – and Singapore has of course already done so. These two bunkering mega-hubs have also been leading the way on bunker licensing, and Singapore has decided to become the first port in the world to implement
- [Trend analysis](https://ship.energy/magazine-features/trend-analysis/): While the shipping industry is gearing up for the ‘new fuels’ like ammonia and methanol, the vast majority of the world’s global fleet is still comprised of vessels running on traditional bunker fuels. Consequently, sourcing these fuels in the right quantities, in the right locations and at the right price and quality specification is still
- [Emission control](https://ship.energy/magazine-features/emission-control/): With effect from 1 January 2024, the European Union’s Emissions Trading System (EU ETS) now also encompasses the shipping industry. Meanwhile, FuelEU Maritime is also looking to reduce shipping’s emissions and is likely to have a profound effect on the industry.Do you regard shipping’s inclusion in the EU ETS as a positive move which will
- [Getting to zero](https://ship.energy/magazine-features/getting-to-zero/): Alongside the transition to new fuels, the shipping industry is also exploring the possibilities of alternative propulsion technologies. Shipping companies are looking anew at wind, electric vessels are already on the water, and fuel cells and nuclear power are also becoming a part of the picture.Do you think we saw significant progress on wind propulsion
- [Tech Talk](https://ship.energy/magazine-features/tech-talk/): While most agree that the shipping industry will have to transition away from fossil fuels in order to achieve its long-term zero-emissions goals, there is also much that can be done to improve vessels’ energy efficiency (even if they are still running on traditional fuels) and reduce their emissions.Is onboard carbon capture gaining more credibility
- [Return to the rock](https://ship.energy/magazine-features/return-to-the-rock/): Delegates attending Petrospot’s Maritime Week Gibraltar’s Flagship Conference in November enjoyed late-autumn sunshine and were presented with an equally bright outlook for the Overseas Territory’s bunker sector. After a challenging 2020, due to the impact of the COVID-19 pandemic, which saw marine fuel calls at the Mediterranean bunker hub fall slightly compared with 2019, calls for bunkers
- [Back to business](https://ship.energy/magazine-features/back-to-business/): The last day of September marked the first day of ARACON 2021. This, the longest-running bunker event in the Amsterdam-Rotterdam-Antwerp (ARA) market, had been forced to adapt to the constraints imposed by the pandemic in 2020, when it was held as an on-line event. Successful as this was, there was no doubt that as delegates collected
- [Progress report](https://ship.energy/magazine-features/progress-report/): Delegates at the in-person ARACON 2021 conference, held at the end of September in Antwerp, were given an update on the introduction of the two-year bunker licence pilot scheme at the Port of Rotterdam from Ron van Gelder, Senior Advisor to the Harbour Master Division at the Port. Announced in November 2020 and implemented on 1
- [Fueling the future](https://ship.energy/magazine-features/fueling-the-future/): Biofuels, LNG, methanol, ammonia and hydrogen have all been touted as potential alternative marine fuels. Each has its own commercial and operational strengths and weaknesses, proponents and detractors, and differing levels of readiness.Which of the alternative fuels do you think ‘raised its game’ as an alternative to traditional bunker fuel in 2023? And which alternative
- [Open mic](https://ship.energy/magazine-features/open-mic/): Of all the buzzwords currently in circulation in the shipping and bunker industries, ‘transparency’ is close to the top of the list. As such, for its first in-person event since the pandemic brought the conference industry to a standstill in early 2020, Petrospot hosted a Transparency in Bunkering Forum at the offices of Norton Rose Fulbright as
- [Milestone meetings?](https://ship.energy/magazine-features/milestone-meetings/): The adoption of the revised IMO strategy on the reduction of GHG emissions from ships was the main take-away from 80th meeting of the Marine Environmental Protection Committee (MEPC 80) in July, while the UN Climate Change Conference COP28 in Dubai produced an international agreement on the need to transition away from fossil fuels. Do
- [Wind of change?](https://ship.energy/magazine-features/wind-of-change/): Continuity has been the watchword for German politics over the past few decades. Between them, Helmut Kohl and Angela Merkel racked up more than 32 years at the helm – a Christian Democrat hegemony broken only by Social Democrat Gerhard Schroder’s two-term Chancellorship in 1999-2005. But in this year’s elections, held on 26 September, the
- [The Sun also rises](https://ship.energy/magazine-features/the-sun-also-rises/): With their sandy beaches and swimming pools perfect for cooling off in the summer sun, and esplanades still pleasant to stroll along in mild winter evenings, the Canary Islands are a popular year-round holiday destination and a powerful magnet for the cruise ship community. Tourism is the driving force of their economies, and the international
- [Eagle vision](https://ship.energy/magazine-features/eagle-vision/): Competitive gas prices, increasing knowledge in US shipyards and a growing propensity for LNG fuelled tonnage among some of the sector’s biggest players makes the United States a fertile environment to expand LNG bunkering infrastructure, says Eagle LNG’s Manager of Business Development, Matthew Fisher. You recently took part in the ship.energy Summit’s ‘Fuel Supply Infrastructure’
- [Talking shop](https://ship.energy/magazine-features/talking-shop/): The ongoing saga of the shipping world’s journey to net zero emissions was a Tale of Two Cities in 2023: London; and, rather cast against type, Dubai.At the start of July, the UK-based headquarters of the International Maritime Organization (IMO) hosted the 80th session of the Marine Environmental Protection Committee (MEPC 8O), which adopted the
- [Future leaders](https://ship.energy/magazine-features/future-leaders/): As the world stands at a climate precipice, shipping too has naturally arrived at a pivotal alter-course waypoint. The obvious need for environmental change is growing ever more pressing, and so the pressures to be sustainable, progressive, innovative and bold are ever more focused.That is not to say progress is assured, and it is certainly
- [Dropping ‘e’ in LNG](https://ship.energy/magazine-features/dropping-e-in-lng/): We already know that fossil LNG-fuelled vessels will pay less to comply with the EU’s Emissions Trading System (EU ETS) than vessels fuelled with conventional high sulphur fuel oil (HSFO), very low sulphur fuel (VLSFO) and low sulphur marine gasoil (LSMGO) because LNG has a lower carbon factor. Many of these LNG-fuelled vessels will also
- [Spreading the word on insetting](https://ship.energy/magazine-features/spreading-the-word-on-insetting/): In February this year, Mitsui O.S.K. Lines (MOL) announced that it had partnered with 123Carbon to complete an insetting pilot which involved tokenising the GHG emission reductions from a ‘net zero voyage’ undertaken 12 months previously by its dual-fuel vessel, Cajun Sun.For the voyage in question, which MOL conducted jointly with Methanex, the Cajun Sun
- [Track and trace](https://ship.energy/magazine-features/track-and-trace/): The Global Centre for Maritime Decarbonisation (GCMD) was launched in Singapore in August 2021 with the intention of supporting shipping’s energy transition by, amongst other initiatives, running a series of trials and pilots to lower the barriers for broad market adoption of low-/ zero-carbon solutions.The approach of the non-profit organisation is to prioritise real-world testing,
- [Bio-diversity challenge](https://ship.energy/magazine-features/bio-diversity-challenge/): The global bunkering industry continues to transform towards sustainability. This includes offering biofuels as a means to reduce vessel carbon emissions.As the demand for biofuels grows in the global bunkering industry, the prevalence of fraudulent activities within the industry and disputes may grow with it. Recent legal incentives and disincentives are propelling biofuels uptake. Bunker
- [Accounting for methanol](https://ship.energy/magazine-features/accounting-for-methanol/): According to the February 2024 statistics available from DNV’s Alternative Fuels Insight (AFI) online hub, there were 267 confirmed methanol-fuelled ships in operation or on order, most of them in the container segment (169). In 2023 methanol also emerged as the leading alternative fuel option, securing the highest number of newbuilding orders and retrofits, at
- [Leading from the front](https://ship.energy/magazine-features/leading-from-the-front/): Shipping giant Maersk Line may have led the charge to order methanol-fuelled vessels with its initial contract for the 2,100 TEU feeder vessel Laura Maersk and subsequent orders for a further 24 much larger containerships, but X-Press Feeders has also been ahead of the pack in contracting for methanol-dual fuelled tonnage. The Singapore-headquartered container feeder
- [The missing link?](https://ship.energy/magazine-features/the-missing-link-2/): The shipping industry is looking at fuel-flexible propulsion systems as a way of reducing greenhouse gas (GHG) emissions while taking advantage of the dynamics of new fuel availability. In pursuit of this goal, methanol offers both immediate solutions and long-term benefits. Ship propulsion is evolving beyond the IMO 2020 sulphur cap’s need to be able
- [No time to waste](https://ship.energy/magazine-features/no-time-to-waste/): With the UN climate change conference, COP26, just around the corner, the reminders of the urgency to decarbonise are only becoming more frequent. The public mood is stark and somewhat pessimistic. A recent global study found that ‘nearly six in 10 young people, aged 16 to 25, were very or extremely worried about climate change.’
- [Trading time](https://ship.energy/magazine-features/trading-time/): Shipping currently generates 900 million tonnes of CO2 per annum (pa), which is some 3% of all anthropogenic emissions, while consuming less than 6% of the crude oil barrel. So shipping is not a major polluter – but this does not detract from the responsibility of the sector to reduce its emissions. The source of zero
- [Avoiding mixed messages](https://ship.energy/magazine-features/avoiding-mixed-messages/): The difference between mixability and compatibility as well as the long-term negative impact that incompatibility can have on your deck equipment – these are topics that often don’t get the attention they deserve. You can mix different Environmentally Acceptable Hydraulic Fluids, but the question remains: do these different fluids work together efficiently without negative impact
- [Sampling data](https://ship.energy/magazine-features/sampling-data/): IMO 2020! Whilst the implementation date may be a distant memory, we have, since then, acclimatised to the new fuel type that was introduced into the marine fuel industry. But before we concentrate on very low sulphur fuel oil (VLSFO), let us briefly go back in time. Prior to IMO 2020, approximately 15% of marine
- [Airtime](https://ship.energy/magazine-features/airtime/): Good things are said to come in threes, and for the vessel air lubrication specialist, Silverstream Technologies, the saying would certainly seem to hold true. Towards the end of September, the company announced the largest deal in its history with 30 orders of its patented air lubrication system for ‘a substantial portion’ of MSC Mediterranean
- [Threat assessment](https://ship.energy/magazine-features/threat-assessment/): On 1 September 2021, an industry group of shipping and oil industry organisations – BIMCO, the International Chamber of Shipping (ICS), Intercargo, Intertanko and the Oil Companies International Marine Forum (OCIMF) – set new boundaries for their High Risk Area (HRA) in the Indian Ocean. The HRA was originally created in 2010 at the peak
- [First line of defence](https://ship.energy/magazine-features/first-line-of-defence/): May it please the Court of credit managers, banks, credit insurers and investors. ‘I submit to you that in future bunker credit decisions, first, consider the ship.’ BBC television had a long-running series based on John Mortimer’s books featuring Rumpole of the Bailey. The character Horace Rumpole is a barrister. In the English legal system
- [Going to market?](https://ship.energy/magazine-features/going-to-market/): Decarbonising shipping is overwhelmingly seen as the maritime industry’s most serious challenge, both at present and for decades to come. The goals set on publication of the IMO’s Initial Strategy 2018 of a 40% CO2 reduction by 2030, and a 50% greenhouse gas (GHG) reduction by 2050 remain the global benchmark, though at times they have
- [All change](https://ship.energy/magazine-features/all-change-2/): There are around 64,000 ocean-going cargo vessels worldwide as well as around 34,000 inland waterway, passenger and offshore vessels. Fewer than 2% of these vessels globally run on low-carbon or zero-carbon alternatives to fuel oil. Retrofits to the more efficient 16,000 ships built since 2012 could equip some of them to meet the 2030 regulations.
- [Wishes half-fulfilled](https://ship.energy/magazine-features/wishes-half-fulfilled/): Many of us who advocate for zero-carbon shipping had hopes that the International Maritime Organization’s 76th meeting of the Marine Environment Protection Committee (MEPC), which concluded in mid-June, would be different from the previous ones, finally delivering on the climate action that is so desperately needed. These wishes came true, but only to some extent.
- [Close protection](https://ship.energy/magazine-features/close-protection/): Environmental protection and care for scarce resources are now among the most important considerations in political and business decision making. There is widespread societal insistence on minimising pollution and arresting the impact of climate change.Shipowners and their insurers recognise the need to do (and be seen to do) the right thing if their vessel threatens
- [Bridging the gap](https://ship.energy/magazine-features/bridging-the-gap/): Decarbonising the maritime sector requires global effort. Small Island Developing States (SIDS) and Least Developed Countries (LDCs) face unique challenges for this transition, which could include fewer financial resources, smaller workforces, a lack of easy access to information, etc. The International Maritime Organization (IMO) is committed to supporting all its Member States to meet the
- [Carrot or stick?](https://ship.energy/magazine-features/carrot-or-stick/): In June 2021, the International Maritime Organization (IMO) had an opportunity to make ambitious commitments to reduce the carbon intensity of global shipping and failed to take it. This was the seventy-sixth meeting of the IMO’s Marine Environment Protection Committee (MEPC) – in 76 meetings, one might have hoped that significant progress would be made;
- [Navigating to Net-Zero](https://ship.energy/magazine-features/navigating-to-net-zero/): The climate crisis is now widely recognised across the globe as a major driver for change in all areas of the economy. The Paris Agreement in 2015 was a turning point, with many countries realising that to align with a pathway that limits global temperature increase to below 2°C this century, they would need to
- [Paved with good intentions](https://ship.energy/magazine-features/paved-with-good-intentions/): The world is stepping up efforts to reduce carbon emissions, and most industries are following up with new ways to reduce their carbon footprint. Shipping is also under scrutiny and the International Maritime Organization (IMO) has set a carbon intensity target and strict technical requirements that are scheduled to take effect from 2023. One of
- [Driven by data](https://ship.energy/magazine-features/driven-by-data/): In the maritime domain, where complexity meets innovation, the journey towards decarbonisation demands more than ambition – it requires a foundation of robust data and informed decision-making. In the words of Sherlock Holmes: ‘It is a capital mistake to theorise before one has data.’ This statement profoundly resonates with the current state of the industry,
- [The LNG debate](https://ship.energy/magazine-features/the-lng-debate/): A battle has been raging over the past few months on the role of liquefied natural gas (LNG) in decarbonising shipping. The spark that (re)ignited the debate over LNG’s suitability as a green bunker was a report published by the World Bank in April 2021, which advocated against future investment in LNG, and confined its
- [Green gold](https://ship.energy/magazine-features/green-gold/): A recently published report commissioned by the Environmental Defense Fund and developed by Ricardo Energy & Environment for the P4G Getting to Zero Coalition Partnership has found great potential for producing zero carbon electrofuels in South Africa for the shipping sector and beyond. Looking at the country’s vast renewable resources and the dense marine traffic calling at
- [Open to challenge?](https://ship.energy/magazine-features/open-to-challenge/): In July 2023, the International Maritime Organization (IMO) reached a groundbreaking agreement to reduce greenhouse gas (GHG) emissions from international shipping. The 2023 IMO GHG Strategy envisions the sector reaching net-zero GHG emissions by or around 2050 and sets additional GHG reduction interim checkpoints for 2030 and 2040. Meeting these targets will require improvements in
- [New again](https://ship.energy/magazine-features/new-again/): As marine communities around the world prepare for post COVID-19 conditions, I cannot think of a better phrase than: ‘Everything old is new again.’ Allow me to indulge you with two very familiar examples, meetings and conferences. Hopefully soon, face-to-face meetings in real life will again slowly replace online video conferencing meetings. Virtual conferences, with
- [All in one](https://ship.energy/magazine-features/all-in-one/): It is hard to believe that over 16 years have passed since MARPOL Annex VI entered into force on 19 May 2005. It is also hard to believe that after 16 years we are still observing vessel operators taking their own so-called ‘MARPOL’ samples on a routine basis and without any reference of this sample
- [A mixed picture?](https://ship.energy/magazine-features/a-mixed-picture/): One in 20 very low sulphur fuel oils (VLSFO) consistently fails to meet the ISO 8217 standard. Does this mean that one in 20 fuels cause issues on-board? This question can only be answered through collaboration between those producing/supplying, monitoring and using the fuels. This article will collect data from all three parties to help
- [Greece is the word](https://ship.energy/magazine-features/greece-is-the-word/): Judged in terms of the amount of fuel physically delivered to ships calling at its main ports, Greece is in the second tier of international bunker markets – overshadowed by giants like Singapore, the Amsterdam-Rotterdam-Antwerp (ARA) cluster or China’s mega ports. But in terms of fuel bought and sold, Greece is world-class as it is
- [Maritime nation](https://ship.energy/magazine-features/maritime-nation/): As an island nation, the UK has always been heavily dependent on shipping. Indeed, two years ago, a major survey commissioned by Maritime UK found that the maritime sector facilitates 95% of all UK trade and plays a ‘fundamental’ role in the ‘continued growth and prosperity of the UK economy’. In addition to supporting so
- [Action plan](https://ship.energy/magazine-features/action-plan/): Singapore Maritime Week (SMW) is a beacon of innovation and collaboration in the maritime industry, shaping the discourse and actions towards a decarbonised future. In contrast to previous years, where the focus often centred on speculation about the fuels of tomorrow, this year’s SMW took a decisive turn towards actionable strategies to achieve decarbonisation goals.
- [Better together](https://ship.energy/magazine-features/better-together/): In the global climate emergency, shipping is a critical area for action. The industry is responsible for emitting a billion tonnes of GHG annually, which accounts for 3% of the world’s GHG emissions. Without urgent action measures, shipping’s share of global emissions will increase, as other sectors decarbonise at pace.Despite the growing decarbonisation ambition in
- [About bunkers](https://ship.energy/magazine-features/about-bunkers/): Over the past five years, issues in relation to bunkers have continued to give rise to disputes between the relevant parties. Generally, frequent bunker disputes include bunker quality, bunker quantities upon re-delivery, bunker price, etc. In most time charterparties, the charterers are responsible for the supply of bunkers – thus the majority of disputes lie
- [Business as usual?](https://ship.energy/magazine-features/business-as-usual/): The regulatory landscape facing the maritime sector is becoming progressively more complex and cumbersome for all the main stakeholders, including those in the fuel supply chain and the nature and scope of services to be provided.Whilst the sector continues to work its way through the implications of maritime transport’s inclusion in the EU’s existing emissions
- [Teamwork](https://ship.energy/magazine-features/teamwork/): Deciding which fuel will propel their vessels in the decades to come is causing headaches for shipowners around the world. They certainly have no choice but to decarbonise their activities, as a result of more stringent regulations on emissions, as well as growing pressure from society and investors who demand sustainability. The stakes are high
- [Measuring up](https://ship.energy/magazine-features/measuring-up/): The much anticipated 76th session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 76) came and went (virtually) in June, with the responses from many maritime stakeholders to its outcomes ranging from deep frustration over what was perceived as lack of regulatory ambition over shipping’s decarbonisation to what can best be described as a
- [Trading in progress](https://ship.energy/magazine-features/trading-in-progress/): The transition to cleaner fuels and energy sources is central to STX’s strategy. The Amsterdam-headquartered group describes its global network as ‘traders in environment progress, at the forefront of global change away from pollution and natural resources’. And in order do that effectively, STX says that it has to find a path through the ‘global
- [Forward-thinking](https://ship.energy/magazine-features/forward-thinking/): The pandemic has certainly been an unprecedented disruptor for the maritime industry, and for the wider global transportation sector. In shipping, some vessel segments have, of course, fared better than others. After the initial hiatus in global trade flows in the early months of 2020, containerships have played a vital role in keeping supply chains
- [Reality check](https://ship.energy/magazine-features/reality-check-2/): Commentators and participants in the bunker industry have long been predicting consolidation at all key points of the bunker supply chain. This would appear to be a logical progression for an industry that for three to four decades on the supply side has followed a largely fragmented and unregulated path after dominance in its earlier
- [Greener cruising](https://ship.energy/magazine-features/greener-cruising/): The cruise ship industry is under increasing scrutiny to reduce its environmental impact, particularly in terms of carbon dioxide (CO2) emissions, which are significant contributors to global warming. As cruise ships expand in size and the range of amenities offered, their energy requirements and associated emissions will continue to increase. In parallel, the number of
- [Ready to go](https://ship.energy/magazine-features/ready-to-go/): Along with its tightening greenhouse gas (GHG) requirements for vessels trading in the European Union (EU) from January 2025, the FuelEU Maritime (FEUM) regulation is set to require passenger and container ships to use a shore power connection or zero emissions technology at berth in Trans-European Transport Network (TEN-T) ports from 2030.Delay is inadvisable, as
- [The real deal](https://ship.energy/magazine-features/the-real-deal/): In early March 2021, The Guardian printed a damning statement about the energy industry, saying, ‘…it is like a smoker who goes from one pack a day to two – but claims they’re quitting because they switched to filtered cigarettes’. The thrust of the article was that the energy industry continues to expand fossil fuel
- [Houston, we have a solution](https://ship.energy/magazine-features/houston-we-have-a-solution/): Since the Clydebank Declaration was signed during COP26 in Glasgow, which promised the establishment of ‘at least 6 green shipping corridors by middle of this decade’, the collective insight into how to unlock these corridors in support of the maritime sector’s energy transition has increased significantly. Several case studies have explored regional opportunities and synergies,
- [Port power](https://ship.energy/magazine-features/port-power/): While the maritime industry has focused squarely on emissions from ocean-going vessels relatively less attention has been given to port emissions. These emissions are difficult to measure, in part because ports’ emissions come from sources outside of direct control of the port, including vessels, rail and trucks.Due to their strategic location at the interface between
- [Investing in the future](https://ship.energy/magazine-features/investing-in-the-future/): In 2018, the European Sea Ports Organisation (ESPO) commissioned an extensive study looking into the investment needs and financing challenges of European ports. The 2018 Port investment study, made by a consortium led by Peter de Langen, concluded that European ports had €48 billion investment needs for the period 2018-2028, with almost 4 out of
- [The missing link](https://ship.energy/magazine-features/the-missing-link/): Carbon capture and storage (CCS) is playing an increasingly important role in the energy transition narrative. While its critics may say that capturing and sequestering carbon from industry’s emissions is not in the true spirit of decarbonisation, the fact is that CCS offers a way (in the short and medium term) of mitigating some of
- [Making green fuels bankable](https://ship.energy/magazine-features/making-green-fuels-bankable/): Global shipping has set ambitious climate targets to reach net zero greenhouse gas emissions by 2050. When member states to the International Maritime Organization (IMO) settled on this landmark agreement in July 2023 – potentially the most significant climate deal of this decade – shipping took on a big task: Already by 2030, up to
- [Unlocking potential](https://ship.energy/magazine-features/unlocking-potential/): In April, TotalEnergies announced the launch of a newly created aviation and marine fuels division. Bunkerspot speaks to Senior Vice President, Louise Tricoire, to discuss the thinking behind the new division, the current outlook for alternative bunkers, and what the French energy major is doing to ensure shipping will have access to a secure supply
- [Constructive decommissioning](https://ship.energy/magazine-features/constructive-decommissioning/): The oil and gas (O&G) infrastructure decommission market is heating up as multiple platforms around the world reach the end of their operational lifecycle. This shift is being nudged along by many governments keen to help facilitate the timely removal or upgrade of these offshore installations in a sustainable manner, enforcing what is often already
- [Sustainable links](https://ship.energy/magazine-features/sustainable-links/): Sustainability-Linked Loans (SLLs) are an innovative tool for port authorities and port concessionaires to finance their capital expenditure (Capex) at cheaper interest rates, by tying the loan to corporate, sustainability-linked Key Performance Indicators (KPIs). C40 Cities’ Ports & Shipping team is currently undertaking a Green Ports Sustainable Finance Academy to better understand this tool and
- [Smooth transition](https://ship.energy/magazine-features/smooth-transition/): For several decades, heavy fuel oil (HFO) has been the dominant marine fuel for the shipping industry primarily because of its low cost, widespread availability, and developed bunkering infrastructure. However, in recent years, the International Maritime Organization (IMO) has progressively tightened regulations that limit marine fuel sulphur content, nitrogen oxides emissions, and greenhouse gas (GHG)
- [Safe passage](https://ship.energy/magazine-features/safe-passage/): Shipping is undergoing a green transformation. For over a century, the sector has mainly relied on fossil fuels to power the huge engines that drive ships loaded with iron ore, fuel, grains, and consumer goods across the oceans. However, things are quickly changing. Compared with other forms of transport, shipping remains the most sustainable way
- [Empowering change](https://ship.energy/magazine-features/empowering-change/): The maritime industry plays a significant role in the global economy, but it has often held limited appeal as a career option beyond a narrow group of people. Ongoing digitalisation, decarbonisation and a commitment to develop a more sustainable sector have significantly widened this appeal and, in response, the sector continues to evolve as an
- [The law of the sea](https://ship.energy/magazine-features/the-law-of-the-sea/): In May this year, the International Tribunal for the Law of the Sea (ITLOS) caused a ripple across the international law community when it handed down a historic advisory opinion on climate change and the marine environment.The advisory opinion was a response to a request filed by the Commission of Small Island States on Climate
- [Going with the flow](https://ship.energy/magazine-features/going-with-the-flow/): As one of the first key marine fuel conferences at the start of a new year, the Middle East Bunkering Convention (MEBC) always provides a useful barometer of the current climate for shipping and bunkering. At the tenth edition of the conference, which took place in Dubai on 3-5 February, there was certainly much fat
- [Service providers](https://ship.energy/magazine-features/service-providers/): Over the last 15 years, the shipping segment has seen the introduction of substantial regulations regarding the origin and composition of maritime fuels and the efficiency of the vessels consuming these fuels. These regulations include SECAs, NECAs, CII, EEDI, EEXI, EU-ETS, RED II, and, as of 1 January 2025, FuelEU Maritime. Additionally, in April 2025,
- [From production to propulsion](https://ship.energy/magazine-features/from-production-to-propulsion/): In early June, I attended the Posidonia shipping exhibition in Athens, Greece. Over the years, this event has increasingly centered on crucial topics such as the energy transition of shipping, ship energy efficiency, and decarbonisation solutions. Given Greece’s prominence in global shipping, numerous Greek ship owners were present to discuss the impacts of decarbonisation on
- [Take your partners](https://ship.energy/magazine-features/take-your-partners/): As the need to transition to low-carbon fuel becomes more pressing, both regional and international regulation has been introduced – such as the EU Emissions Trading System, the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), and, since 1 January 2025, the FuelEU Maritime (FEUM) regulation – to support the industry’s journey to net zero
- [Only connect](https://ship.energy/magazine-features/only-connect-2/): The maritime shipping sector is on the cusp of a transformative shift towards cleaner, more sustainable fuels. In July 2023, the International Maritime Organization (IMO), shipping’s global regulator, adopted stricter goals on greenhouse gas (GHG) emissions, including a net-zero target by, or around, 2050. This move has since created a gear shift within the shipping
- [Power of cooperation](https://ship.energy/magazine-features/power-of-cooperation/): The maritime industry is making steady progress toward emission reduction goals, but significant challenges lie on the path to net zero by or around 2050 – and the need to reach this ambitious goal is clearer than ever.So, what is the situation as it stands today, and what is the clearest path ahead to meeting
- [Charting a just course](https://ship.energy/magazine-features/charting-a-just-course/): The global maritime industry stands at a pivotal moment, grappling with the twin challenges of reducing emissions and ensuring fairness as it transitions to a more sustainable future, while facing the growing impacts of climate change. Central to tackling these challenges and achieving the significant greenhouse gas emission reduction targets set by the International Maritime
- [Sea change](https://ship.energy/magazine-features/sea-change-2/): Since 1 January, 2010, the European Union’s Sulphur Directive (2005/33/EC) has required ships at berth in EU ports to use fuels with a sulphur content of no more than 0.10% by mass. This mandate has made low-sulphur marine gasoil (MGO) or similar compliant fuels a standard for reducing air pollution during port stays.As of mid-2024,
- [SECAs on the march](https://ship.energy/magazine-features/secas-on-the-march/): Since 2020 the International Maritime Organization’s (IMO) drive to reduce emissions from ships has been on the upward trajectory. The sulphur content in fuel has been reduced from 3.50% to 0.50% but in Sulphur Emissions Control Areas (SECAs) ships must only use fuel with a 0.10% mass sulphur content.The Mediterranean Sea will join the group
- [Fuel cost parity](https://ship.energy/magazine-features/fuel-cost-parity/): To reach the critical mass required to decarbonise the shipping industry by 2050, it’s clear there is a need to rapidly scale up the supply of sustainable fuels.With the engine technology already available, the next steps rely on building certainty and consensus around which fuels will become the most widely available and financially sustainable options
- [Strategic thinking](https://ship.energy/magazine-features/strategic-thinking/): The 1st of January 2025 marked three important regulatory milestones for the maritime sector: (1) the second-year anniversary of the application of IMO’s global Carbon Intensity Indicator (CII); (2) the first-year anniversary of the application of the European Union’s Emissions Trading System (EU ETS) to vessels calling at EEA ports; and (3) the entry into
- [Dealing with FAME](https://ship.energy/magazine-features/dealing-with-fame/): In the evolving marine fuel landscape, especially taking into consideration the latest revision of ISO 8217 released in May 2024, ship operators now have access to fuel specifications that define the quality requirements of higher concentrations of bio-based liquid fuel blends, more commonly referred to as biodiesel. With updated fuel standards covering all possible blends
- [By the book](https://ship.energy/magazine-features/by-the-book/): The maritime sector, which moves over 80% of global trade by volume, is both a backbone of the global economy and a significant contributor to greenhouse gas (GHG) emissions, accounting for approximately 3% annually. As other industries accelerate decarbonisation, shipping faces mounting pressure to address its emissions profile, which could rise to as much as
- [Going off-grid](https://ship.energy/magazine-features/going-off-grid/): Due to upcoming legislation pushing the reduction of ships’ emissions in ports, the marine industry is facing up to the reality that there is a range of power needs in port that cannot be based upon the existing energy grid, but clean and resilient off-grid energy solutions exist today.The shore power challengeWithin the European Commission’s
- [Positive thinking](https://ship.energy/magazine-features/positive-thinking/): On 19 February, the World Economic Forum and Lloyd’s Register Foundation launched a new project focused on ‘Accelerating the Transition to Nature and People Positive Ports’.They will be looking to build on work that they have already begun in the maritime sector – but at the heart of the new partnership will be a three-year
- [Leading the charge](https://ship.energy/magazine-features/leading-the-charge/): As the world grapples with the escalating impacts of climate change, ports hold immense power to lead the charge towards a sustainable future. These bustling hubs of international trade are not just gateways for goods but prime catalysts for global environmental change. Maritime activities currently account for approximately 3% of global carbon emissions, releasing pollutants
- [Getting into the carbon-neutral zone](https://ship.energy/magazine-features/getting-into-the-carbon-neutral-zone/): Maritime decarbonisation is taking shape. Targets have become more ambitious and regulations more stringent, and it is now clear to stakeholders across shipping’s value chain that action needs to be taken today to reduce emissions. A wide and complex array of regulations, technologies, and initiatives are necessary to reach the International Maritime Organization’s (IMO) goal
- [Lessons learned from LNG](https://ship.energy/magazine-features/lessons-learned-from-lng/): Dubai-headquartered Trelleborg Marine & Infrastructure has built up considerable experience and knowledge in LNG custody transfer and bunkering, and company’s Technical Director Andrew Stafford believes that the key operational lessons learned from scaling LNG bunkering can also be applied to alternative fuels like methanol, ammonia, and hydrogen.In this Q+A, he also highlights the importance of
- [The test of reality](https://ship.energy/magazine-features/the-test-of-reality/): January 2025: a bulk carrier arrives at CBH’s Kwinana grain export terminal, on Australia’s West Coast. Nothing unusual at first glance, but the moment is nonetheless significant. The vessel has become the first to implement, in commercial operations, a new system that vows to end the practice of ‘sail fast then wait’ to reduce greenhouse
- [Multiple choice](https://ship.energy/magazine-features/the-test-of-reality-multiple-choice-the-test-of-reality/): As the maritime industry looks to accelerate its efforts to reduce greenhouse gas emissions, alternative fuels remain the preeminent means of achieving the industry’s transition towards a more sustainable future. However, the complexity of this shift should not be under-estimated. Fundamentally, it demands a holistic, fuel- and technology-agnostic approach, that considers the entire energy ecosystem;
- [Uplifted](https://ship.energy/magazine-features/uplifted/): Imagine a future where commercial ships line up to bunker low- and zero-carbon fuels at Kenya’s ports, by then established as a green energy hub.That is the vision that Michael Mbaru, Assistant Director for Marine Environment Protection at the Kenya Maritime Authority, is working to realise for his country.Kenya has the twin advantage of abundant
- [Seas of change](https://ship.energy/magazine-features/seas-of-change-2/): The maritime industry stands at a critical crossroads. Faced with unprecedented regulatory and environmental challenges, some tough decisions must be made.The European Union (EU) has been at the forefront of driving initiatives to reduce greenhouse gas (GHG) emissions. Central to these efforts are two groundbreaking regulations: FuelEU Maritime (FEUM) and the EU Emissions Trading System
- [Forging a future for clean ship fuels](https://ship.energy/magazine-features/forging-a-future-for-clean-ship-fuels/): For those who remember the early years of LNG as a marine fuel, the current stand-off between shipowners and alternative fuel providers – who will invest first – will bring a strong sense of déjà vu. The notorious ‘chicken and egg’ dilemma was not overcome by one side taking the sole initiative. Instead, the gradual
- [Scaling up](https://ship.energy/magazine-features/scaling-up/): Delivery of the methanol dual-fuel vessels currently in the newbuilding orderbook will see demand for the low carbon fuel explode in the next few years, according to Scaling Up Hydrogen: The Case for Low Carbon Methanol published by the Bloomberg New Energy Foundation (BNEF).The report estimates around 14 million tonnes of the fuel could be
- [The cost of compliance](https://ship.energy/magazine-features/the-cost-of-compliance/): The shipping industry is at a crossroads. With the introduction of FuelEU Maritime (FEUM) and the expansion of the EU Emissions Trading System (EU ETS) into the maritime industry, the cost of fuel is no longer just about the price per tonne. Compliance costs are now a critical factor in determining the true economic viability
- [Trading surpluses](https://ship.energy/magazine-features/trading-surpluses/): After a slow start, the maritime sector is accelerating towards compliance with lower emissions standards with an array of different policy directives for shipping companies to contend with.In Europe, this not only incorporates the European Union’s emissions trading system (EU ETS) – a ‘cap and trade’ system to reduce emissions via a carbon market –
- [Early engagement](https://ship.energy/magazine-features/early-engagement/): FuelEU Maritime’s (FEUM) mandate for reducing the energy intensity of fuels used in vessels calling at European Union (EU) ports might look like a low hurdle for ship owners; but it is actually better than that – it is an opportunity. The EU has set the bar for compliance low for the next five years
- [Offshore conundrum](https://ship.energy/magazine-features/offshore-conundrum/): Decarbonising the offshore fleet is complicated. With over 10,000 vessels across over 20 sub-categories, from crew transfer to heavy lift, the sheer scope of the sector and its activities is vast. It is this diversity that makes it so difficult to pinpoint how best to tackle emissions reductions.Conversely, the Point A to Point B, voyage-based
- [Smooth sailing?](https://ship.energy/magazine-features/smooth-sailing/): Change is the only constant in shipping’s regulatory landscape. Regulations to help the shipping industry deliver on its energy transition are stacking up and, on top of the International Maritime Organization’s (IMO) rules, we have the European Union’s Emissions Trading System (EU ETS) and FuelEU Maritime (FEUM). Ship owners and operators are only just beginning
- [A new ball game](https://ship.energy/magazine-features/a-new-ball-game/): Marine biofuel specialist FincoEnergies has been in the Amsterdam Rotterdam Antwerp (ARA) market for several years and established itself as perhaps the world’s biggest supplier of biofuel blends to ships.Countless shipping firms have grabbed news headlines through trialling GoodFuels’ biofuels supplied by FincoEnergies to their ships. Various feedstocks have been tried and tested, with differences
- [Balancing act](https://ship.energy/magazine-features/balancing-act/): Concern in the shipping industry at the apparently slow pace of production of renewable fuels has seen the emergence of multiple compliance paths. Some owners, particularly those in the liner sector, have ordered dual-fuel vessels powered either by LNG or methanol. While some are content to wait, other owners have attempted to hedge their bets
- [Critical mass](https://ship.energy/magazine-features/critical-mass/): Critical mass points to transformative power. In the nuclear energy industry, it is about harnessing the power of a controlled and sustainable chain reaction from fissionable material. There’s more than one way to do this, which I will get back to in a bit.For the climate, reaching a tipping point is a bad thing, as
- [Magnetic power](https://ship.energy/magazine-features/magnetic-power/): As shipowners face mounting pressure to lower emissions in line with IMO targets, permanent magnet (PM) machines – used in both electric drive trains and shaft generators – are emerging as a key electrification technology that I firmly believe will be the dominant choice for electric propulsion systems in the deep-sea fleet. Until now, PM
- [Turning over a new leaf](https://ship.energy/magazine-features/turning-over-a-new-leaf/): Regulators’ ‘flank speed’ into the shallow waters of ‘green’ fuels has, so far, left shipboard carbon capture systems (SCCS) – also referred to as OCCS (onboard carbon capture systems) – in their wake. However, the ‘new green fuels’ need new power plants for ships using them. There aren’t enough quantities of well-priced ‘green’ fuels to
- [Unleashing potential](https://ship.energy/magazine-features/unleashing-potential/): The first Oman Maritime, Ports and Energy Convention offered a unique opportunity to discuss the country’s ambitions to become a global leader in renewable energy and a frontrunner in the evolving shipping and marine fuel sectors. Lesley Bankes-Hughes reports from Muscat The vast revenues generated by oil and gas exploration and production propelled countries in
- [Extraordinary times](https://ship.energy/magazine-features/extraordinary-times/): From 14–17 October 2025, the International Maritime Organization (IMO) will meet for an extraordinary session that could reshape the decarbonisation trajectory of global shipping. The Extraordinary Marine Environment Protection Committee (MEPC) session will determine the fate of amendments to MARPOL Annex VI, namely the adoption of a Greenhouse Gas Fuel Intensity (GFI) regulation and a
- [Reading signals](https://ship.energy/magazine-features/reading-signals/): When IMO delegates left an uncharacteristically sunny London at the close of MEPC 83 in April, many were visibly relieved. After intense negotiations, they had managed to reach an agreement on the first-ever global pricing mechanism for greenhouse gas (GHG) emissions from international shipping. But even as the IMO’s headquarters emptied of their crowds of
- [A drop of the good stuff?](https://ship.energy/magazine-features/a-drop-of-the-good-stuffreading-signals/): One of the characteristics that separates biofuels from other alternative fuels as a viable option to support shipping’s decarbonisation is their potential for being used as a drop-in alternative to existing fossil fuels either directly or as part of a blend. These characteristics provide a readily available and feasible route to contribute to the decarbonisation
- [LNG to LBM](https://ship.energy/magazine-features/lng-to-lbm/): Following the 83rd meeting the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) in April 2025, the regulatory landscape for alternative marine fuels is expected to shift again. The new IMO Net-Zero Framework sets a clear foundation for the development of zero or near-zero (ZNZ) fuels and should enable all alternative fuel pathways
- [Fair winds for FEUM?](https://ship.energy/magazine-features/fair-winds-for-feum/): It’s 2020 and a small group of International Windship Association (IWSA) members and the association’s Secretariat are huddled in an online meeting room, feeling disheartened at the recent call for input into an EU proposed legislation paper for ‘Fuel EU Maritime’.The thought around the virtual table was ‘here we go again, yet another fuel-centric approach
- [Renewable pathways](https://ship.energy/magazine-features/renewable-pathways/): Methanol (CH3OH), a fundamental chemical building block, is widely used in industries such as plastics, paints, automotive components, and fuel production. While traditionally derived from fossil fuels, methanol is now at the forefront of the transition to low carbon energy solutions. Renewable methanol, produced from captured CO2, biomass, and waste sources, is emerging as a
- [Byte-sized learning](https://ship.energy/magazine-features/byte-sized-learning/): The maritime industry is at a critical climate juncture and must swiftly transition to new fuels and renewable energy. International Maritime Organization (IMO) and regional decarbonisation targets such as FuelEU Maritime will begin to roll in a new multi-fuel landscape over the next few decades. This dynamic shift in the industry presents an urgent need
- [Health check](https://ship.energy/magazine-features/health-check/): This April, the International Maritime Organization (IMO) approved measures aimed at cutting the shipping industry’s greenhouse gas (GHG) emissions. The agreement – named the IMO Net-Zero Framework – puts a global price on some of shipping’s GHG emissions, yet falls well short of the most ambitious proposals championed by climate vulnerable countries.i But while the
- [Navigating complexity](https://ship.energy/magazine-features/navigating-complexity/): There are many factors influencing marine fuel production and prices which include, but are not limited to: wars, natural disasters, distribution bottlenecks, sanctions and refinery curtailments. Geopolitical risks which, currently, are sadly plentiful – the Ukraine war, Israeli conflict, Venezuela sanctions, Houthi attacks – have also driven significant fluctuations in marine fuel/bunker prices. Supply disruptions,
- [Carbon by sea](https://ship.energy/magazine-features/carbon-by-sea/): Despite a slow take-off, there has been a substantial growth in momentum for the deployment of carbon capture and storage (CCS) as a meaningful and cost-effective way to reduce overall emissions, alongside the use of renewable energy and alternative fuels. Shipping will play an important part in the CCS value chain as it grows, and
- [Safer pathways](https://ship.energy/magazine-features/safer-pathways/): The maritime industry stands at the cusp of a significant transition, driven by the urgent need to decarbonise and reduce its environmental footprint. This transition involves the adoption of new, alternative fuels such as methanol, ammonia, and eventually hydrogen, which are seen as critical to achieving these goals. However, these fuels come with their own
- [Adversity or opportunity?](https://ship.energy/magazine-features/adversity-or-opportunity-2/): The marine industry is increasing in complexity. Long-standing challenges, such as geopolitics, global demand and trade frictions, are all presenting as headwinds at a time when the regulatory landscape is also becoming more demanding. Navigating these additional layers of regulation requires operational change and a contemporary set of understandings – how prepared are we? The
- [Reaction time?](https://ship.energy/magazine-features/reaction-time-2/): I’d like to share some ‘news’ that I think might provoke some interesting reactions (and I’ll disclose the details of the source and the time frame later).The world’s first nuclear powered cargo vessel has just finished sea trials. Despite years of fears raised about nuclear contamination or even explosion, the ship has run flawlessly. It
- [Power shift?](https://ship.energy/magazine-features/power-shift-2/): As the marine sector sets sail on its decarbonisation voyage, the industry is bracing for further regulation. The introduction of FuelEU Maritime (FEUM) into the mix will coincide with the expanded implementation of the EU Emissions Trading System (ETS) to 70% in 2025, from 40% this year. Further, the International Maritime Organization’s (IMO) Carbon Intensity
- [Uncharted Territory](https://ship.energy/magazine-features/uncharted-territory-2/): The shipping industry is facing increasing environmental pressure and stricter regulations, to encourage a shift away from the use of conventional fuels. In the medium term, a number of shipowners seem to be favouring LNG as a possible alternative to more traditional choices. LNG is a cleaner source of energy compared to oil and gas,
- [Scoring early doors](https://ship.energy/magazine-features/scoring-early-doors-2/): The maritime industry faces a pivotal moment in its transition towards decarbonisation. With global shipping contributing significantly to greenhouse gas emissions, the sector is under intense scrutiny to reduce its carbon footprint. The International Maritime Organization’s (IMO) goal of achieving a 5% to 10% uptake of zero GHG emission fuels by 2030 presents both a
- [Demand more!](https://ship.energy/magazine-features/demand-more-2/): Over the next quarter-century shipping will have to transform itself from an industry that derives the vast majority of its energy from fossil oil and gas to one for which sustainable fuels will be norm.Shipowners will have to build a new world fleet that can run on these fuels, while the supply-side of the industry
- [Now and then](https://ship.energy/magazine-features/now-and-then-2/): In July this year, another chapter in the long and litigious narrative documenting OW Bunker’s demise was closed. A number of foreign and institutional investors that bought shares in the company in relation to its Initial Public Offering (IPO) in March 2014 – and subsequently brought legal actions for damages against OW Bunker, its former
- [Going to plan?](https://ship.energy/magazine-features/going-to-plan/): The European elections this year were characterised by an unusually heated and polarised campaign with a high stakes outcome. Would the far-right win and end the post war political consensus in Europe, throwing into doubt symbolic policies like the Green Deal? The headlines screamed out ‘far right surge’ and the results led to the fall
- [Neighbourly conduct](https://ship.energy/magazine-features/neighbourly-conduct/): When Bunkerspot last focused on the Polish bunker market in our June/July 2022 issue, there were two big uncertainties hanging in the air: how would Russia’s invasion of Poland’s neighbour Ukraine pan out; and the more local matter of whether the European Commission would give the green light to the merger of PKN Orlen and
- [Collective action](https://ship.energy/magazine-features/collective-action/): It’s a familiar daydream for people across the world – imagining the exciting new technology the future will bring. For many growing up it was the classics: Hover boards to zip us down the sidewalk. Jet packs to propel us through the air. And, could you imagine, telephones which would allow us to talk face
- [A shore bet?](https://ship.energy/magazine-features/a-shore-bet/): The European Commission’s communication on the ambition and scope of Europe’s Green Deal, issued on 11 December 2019, would, at first reading, appear to be unequivocal about the use of shore power by ships at berth. Part of the remit of the Green Deal, it stated, would be ‘to take action in relation to maritime transport,
- [Economic benefits of additives](https://ship.energy/magazine-features/economic-benefits-of-additives/): Implementation of the IMO 2020 maximum sulphur specification (0.50% by mass) for marine fuels has been largely viewed by the maritime industry as a success, with producers, blenders, traders, and suppliers being able to work with shipowners and operators to ensure there is an adequate supply of compliant fuel available and flowing throughout the fuel
- [Action hero?](https://ship.energy/magazine-features/action-hero/): The book and the movie Hidden Figures tell the story of Katherine Johnson, Dorothy Vaughan, and Mary Jackson: three little-known African American mathematicians whose work helped NASA to launch the first American astronaut into orbit. Until the book was released, the key role that these unsung heroines played in the Space Race was unknown to the general
- [Assessing the alternatives](https://ship.energy/magazine-features/assessing-the-alternatives/): Singapore-headquartered Eastern Pacific Shipping (EPS) has its finger firmly on the pulse in terms of shipping’s energy transition. Overseeing a fleet of 17 million deadweight tons, the ship management company operates vessels across the containership, dry bulk and tanker segments. Shipping’s decarbonisation is a collaborative effort and for EPS this includes working to support the
- [Trade on your terms](https://ship.energy/magazine-features/trade-on-your-terms/): The need for digitisation in financing ship bunkering operations is long overdue. Conventional lending institutions increasingly choose to expand big players’ credit lines over funding small and medium enterprise endeavours. For an industry that traditionally runs on credit, marine fuel players need alternative funding sources to sustain and grow business. Now, digital trade finance companies
- [Covering all bases](https://ship.energy/magazine-features/covering-all-bases-3/): Shipping has an ambivalent approach towards hedging its marine fuel purchases. For some shipping companies who have the size and/or resources to support an inhouse risk management team or work with an external company, hedging plays a central role in managing annual multi-million-dollar fuel spends and securing some protection against price volatility. As a closer
- [Forward planning](https://ship.energy/magazine-features/forward-planning/): I love my job. But I sometimes feel a pang of angst whenever anyone asks me what I do for a living. For those outside the maritime world, I have to explain that I’m in the business of making sure ships coming into port have fuel. And more and more in the past few years,
- [Fifty shades of green](https://ship.energy/magazine-features/fifty-shades-of-green/): Global Risk Management (GRM) provides energy price risk management to most energy-intensive industries, including the shipping industry. It has been in business for over 15 years as a successful standalone entity within the broader Bunker Holding Group. Peder D. Møller, the CEO, has been in charge since May 2020 and has recently overseen a strategic rethink
- [Tools of the trade](https://ship.energy/magazine-features/tools-of-the-trade/): Fuel hedging has never been easy. Whether matching physical exposure with customer commitments, price fluctuations or credit risk, marine fuel distributors and buyers have been consistently challenged. It’s hard to think of any other market where your cost of operation depends on a commodity (in this case oil) that can vary so dramatically in price.
- [Modelling the fuel mix](https://ship.energy/magazine-features/modelling-the-fuel-mix/): The maritime industry is undergoing a period of significant transition as it works to align with increasingly stringent environmental mandates. With mounting pressure to decarbonise global shipping, new regulatory frameworks are emerging both at regional and international levels. The 83rd meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC), held in April
- [Ringing the changes](https://ship.energy/magazine-features/ringing-the-changes/): In the lead up to IMO 2020, there was no shortage of predictions about what would happen when the vast majority of ships would have to switch from high sulphur fuel oil (HSFO) to very low sulphur fuel oil (VSLFO). However, the collapse in crude prices due to COVID-19 and huge over-production from OPEC+ meant
- [A credit reboot](https://ship.energy/magazine-features/a-credit-reboot/): No one expected 2020 to play out as it did, certainly not me. Starting the year heading a highly capable team at one of the largest bunker traders in the market, by July I found myself preparing for a period on the beach. That largely encapsulated many people’s 2020 so I am certainly not unique
- [Port power](https://ship.energy/magazine-features/port-power-2/): In early March, Switzerland-headquartered cleantech company Cavotec announced its intention to focus on the shore power, automated mooring and industry electrification sectors. Readjusting its business strategy means an exit from its airline operations but as Cavotec CEO Mikael Norin said at the time, the electrification of ports and the wider maritime sector is a rapidly
- [Leading the charge](https://ship.energy/magazine-features/leading-the-charge-3/): One of ABB’s core businesses is electrification, and this includes delivering ‘power solutions’ to the infrastructure in new and existing ports. This covers the provision of shore connections for vessels at berth and charging facilities for all-electric or hybrid vessels. The company supplies its shore power technology on a global basis, connecting ships to landside
- [Debating point](https://ship.energy/magazine-features/debating-point/): The world over, so many of the small refineries which have been unassumingly serving their own localised markets for decades are now being shuttered or converted into terminals in the face of relentless pressure from the ‘mega refineries’ rising up in China and India – and New Zealand could soon be another example of this
- [All together now](https://ship.energy/magazine-features/all-together-now/): Roughly 80% to 90% of global trade moves by sea, putting maritime decarbonisation at the heart of net zero supply chain strategies. This challenge shaped the agenda at the 2025 International Council on Combustion Engines (CIMAC) Congress in Zurich in late May, where engineers and system experts gathered to share breakthroughs, accelerate progress, and anticipate
- [Holding steady](https://ship.energy/magazine-features/holding-steady/): Stable could be the word that best describes Portugal’s bunker market. Sales volumes are steady at around one million metric tonnes (mt) a year – and most of these volumes are accounted for by one company which supplies fuels sourced from its own refinery. Even the players that are making smaller deliveries by truck are
- [The strengths and limitations of AI](https://ship.energy/magazine-features/the-strengths-and-limitations-of-ai/): With current net profitability in the bunker market typically running below 1% following years of prosperity and remarkable shifts in market dynamics, times are tough in bunker credit. As we navigate the challenges ahead, artificial intelligence (AI) will bring welcome firepower to marine fuel credit risk management. But human judgement based on instinct, deep contextual
- [Full disclosure](https://ship.energy/magazine-features/full-disclosure-2/): An idle vessel impacts on a vessel owner’s profitability and taking a ship out of service for unplanned maintenance or repair costs both time and money. From an economic perspective, the go-to option for a vessel operator would be for all maintenance work to be undertaken during planned drydock periods, which usually take place every
- [Clear and present danger](https://ship.energy/magazine-features/clear-and-present-danger/): Cyber security is fast becoming one of the buzzwords within the shipping community. Though the issue is hardly new, it is becoming more prevalent owing to major recent incidents as well as diverse drivers of change in shipping. These incidents include cyber attacks on the four largest container lines, including an April 2020 attack on
- [Evolutionary progress](https://ship.energy/magazine-features/evolutionary-progress/): With nearly a year and a half since the emergence of IMO 2020 very low sulphur fuel oils (VLSFOs), I leave it to the many experts that have been routinely reporting on the overall quality and availability of stable, compliant fuel worldwide to continue to keep us up to date. As far as exactly how
- [Fit for purpose](https://ship.energy/magazine-features/fit-for-purpose-2/): How did Gazpromneft Marine Lubricants prepare for the introduction of IMO 2020 and did 2020 align with the company’s expectations? To cope with IMO 2020 requirements we improved not only our product range but our technical service specialists also developed detailed recommendations for fuel switching, including custom-made guidance based on the design features of our
- [Aim higher!](https://ship.energy/magazine-features/aim-higher/): Back in December 2019 when the International Chamber of Shipping (ICS) together with its industry partners introduced the proposal to the International Maritime Organization (IMO) to establish the International Maritime Research Board (IMRB), a $5 billion research and development program focused on reducing shipping emissions that is funded by an industry levy, the reactions were
- [Closing the safety gap](https://ship.energy/magazine-features/closing-the-safety-gap/): The clock is ticking for decarbonising shipping. International vessels must halve greenhouse gas (GHG) emissions by 2050 to meet International Maritime Organization (IMO) targets, with full decarbonisation the aim by 2100. The impetus behind enabling technologies looks set to increase after the IMO received a multi-government proposal to establish a $5 billion IMO research fund
- [Strong wind warning](https://ship.energy/magazine-features/strong-wind-warning/): As a child, I was captivated by listening to the shipping forecast broadcast early in the morning each weekday, and later in the afternoon on weekends on the BBC. My father, an ex-Navy type, would have it on and it is lodged deep inside my pre-teen memory, for being both mysterious and comforting at the
- [Driven by data](https://ship.energy/magazine-features/driven-by-data-2/): The International Maritime Organization’s (IMO) recent agreement on a historic Net-Zero Framework marks a milestone in the maritime sector’s decarbonisation journey. While formal ratification is set to take place in October 2025, and implementation from 2027, the message it sends to the industry is clear. Everyone must prepare for a low and eventually net-zero future.
- [Playing by new rules](https://ship.energy/magazine-features/playing-by-new-rules/): In today’s shipping environment, managing fuel costs is no longer a matter of watching the indices and hoping for a favourable market. We’ve entered a new era – one where fuel price volatility is just a part of a much larger risk equation, shaped by shifting tariffs, evolving emissions regulation, artificial intelligence (AI)-driven transformation, and
- [Laying the groundwork](https://ship.energy/magazine-features/laying-the-groundwork/): Even though one kilogram of hydrogen contains as much energy as a gallon of gasoline, hydrogen is not commonly used as a fuel because it is costly to produce and costly to transport. Countries and industries are aggressively seeking solutions to these two challenges with the goal of substituting hydrocarbon fuels with hydrogen, thereby reducing
- [Putting ammonia to the test](https://ship.energy/magazine-features/putting-ammonia-to-the-test/): Many technologies are being considered to reduce carbon emissions in shipping. Among them, ammonia (NH3) has been identified as a zero-carbon fuel that can enter the global market relatively quickly and help meet the greenhouse gas (GHG) reduction target for 2050 set by the International Maritime Organization (IMO). Ammonia offers shipowners and operators a zero-carbon
- [Vantage position](https://ship.energy/magazine-features/vantage-position/): In early March, OCI, one of the world’s biggest manufacturers of nitrogen products and methanol, and the engine maker MAN Energy Solutions signed two ground-breaking Memoranda of Understanding (MoU) to work on the development of alternative low-emission marine fuels with Eastern Pacific Shipping (EPS) and Hartmann Gas Carriers. The MoU with Hartmann focused on the
- [Thinking big](https://ship.energy/magazine-features/thinking-big/): The Strait of Gibraltar is one of the key arteries of global shipping. Situated at the convergence of the principal maritime trade routes between Africa, Europe and the Americas, it is the conduit for an estimated 20% of global trade. Around 100,000 ships transit the Strait each year, with a container throughput of some 60
- [Gassing up](https://ship.energy/magazine-features/gassing-up/): Significant announcements either side of the new year brought renewed expectation for an LNG bunkering sector yet to reach its full potential in the ports of Gibraltar and Algeciras. The two ports, strategically located at the Gateway to the Mediterranean, where as many as 100,000 vessels are estimated to pass each year, are among the
- [Full disclosure](https://ship.energy/magazine-features/full-disclosure/): Bunkering ought to be very simple but many outside the day-to-day business do not fully appreciate or understand the financial complexities that are often involved in transacting a typical bunker stem. Multiple parties and multiple contracts, a complicated string of financial arrangements and any number of operational and legal hurdles all need to be considered,
- [Credit where credit's due](https://ship.energy/magazine-features/credit-where-credits-due/): Back, back to the end of 2019. 0. 50% sulphur content bunkers would be the worldwide standard. Futures prices of very low sulphur fuel oil (VLSFO) were rising. Predictions were that only the deeply capitalised traders would survive and traders less so, would fail or be absorbed. But then, 2020, COVID-19, and the expected credit
- [Same as it ever was?](https://ship.energy/magazine-features/same-as-it-ever-was/): Bunker credit is a sector that has no true marketplace, no bid/offer mechanism, and as prices are agreed behind closed doors (and remain as agreed), it is impossible to know with any certainty if you are paying too much, too little, or about the right amount for it. The pricing process is most certainly and
- [Delivering diversity](https://ship.energy/magazine-features/delivering-diversity/): The maritime industry has traditionally been male-dominated, particularly when it comes to leadership. Although many companies are working on improving the gender balance, there is great disparity in their efforts as well as the success of these endeavours. For the industry to advance as a whole, we must have tangible measures of success as well
- [In working order](https://ship.energy/magazine-features/in-working-order/): The negative effects on the environment caused by toxic mineral-based oils have been dramatically reduced by switching to the use of environmentally acceptable lubricants (EALs). However, the performance of some of the replacement lubricants has resulted in damage to seals and failure of equipment. Furthermore, the operational life of some of the replacement lubricants has,
- [Hazard Warning](https://ship.energy/magazine-features/hazard-warning/): Since its introduction, the Inventory of Hazardous Materials (IHM) regulation has represented a significant step forward for the shipping industry. As part of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships which officially came into force from June 2025, the industry has a clear, structured process to identify and
- [Firm Foundations](https://ship.energy/magazine-features/firm-foundations/): For global shipping, preparation for effective decarbonisation continues unabated, despite new uncertainties in the international regulatory framework.Establishing a clear, strategic path forward towards net zero remains essential for shipowners, operators, fleet managers, compliance teams and charterers as they seek predictability and reliability throughout their operations to future proof vessels and protect long-term asset value.Although the
- [Brand values](https://ship.energy/magazine-features/brand-values/): In October, IBIA - The International Bunker Industry Association - unveiled a new logo and brand identity to represent its ‘more diverse global membership’ across both the traditional marine fuels sector as well as the new and emerging marine fuels value chains’.Bunkerspot caught up with the association’s Chair Constantinos Capetanakis and Executive Director Alexander Prokopakis
- [Insuring the transition](https://ship.energy/magazine-features/insuring-the-transition/): As new European Union (EU) regulations, designed to trigger lasting behavioural change among stakeholders in the inland shipping market, take hold, hidden among them lies a concerning anomaly.Inland shipping is the most efficient and sustainable mode of ‘inland’ freight transport – yet its thousands of vessels have, until now, faced far less stringent carbon regulations
- [Shock to the power system](https://ship.energy/magazine-features/shock-to-the-power-system/): Offshore wind is entering a new phase of maturity, and with it a more demanding environment for vessel power systems. The cost of offshore wind projects has risen sharply since 2021. According to Bloomberg and Pareto Securities Equity Research, project costs have climbed by roughly 80% since the 2021–2022 final investment decision window. Forecasts for
- [Engineering out the 'compatibility chaos'](https://ship.energy/magazine-features/engineering-out-the-compatibility-chaos/): LNG has firmly established its place as a viable marine fuel, providing the maritime industry with a pragmatic route to decarbonisation. Compared with traditional fuel oil, according to industry organisation SEA-LNG, LNG reduces CO2 by around 23%. It also virtually eliminates sulphur oxides (SOx) and particulate matter (PM) and depending on the technology used, can
- [Maximise to minimise](https://ship.energy/magazine-features/maximise-to-minimise/): Most often the discussion about the energy transition in shipping centres on green fuels. An online keyword search of articles on ‘fuels’ and ‘climate’ versus ‘energy efficiency’ and ‘climate’ shows that the public debate has been overwhelmingly focused on fuels over energy efficiency in the recent past. And this is for a good reason, as
- [It's Complicated](https://ship.energy/magazine-features/its-complicated/): Biofuel has the potential to be a major driver in mitigating greenhouse gas (GHG) emissions and reducing the vast amount of fossil fuel burned by the maritime sector. Yet, when it comes to meeting the growing demand for accurate regulatory reporting, it poses a unique challenge. Here, we outline market considerations for biofuel use before
- [More power to wind](https://ship.energy/magazine-features/more-power-to-wind/): Following the decision at the Marine Environment Protection Committee’s (MEPC) extraordinary meeting in October to postpone the adoption of the International Maritime Organization’s (IMO) Net Zero Framework (NZR), Bunkerspot caught up with Emmanuel Schalit, the CEO of Paris-based OceanWings, to learn why he believes this will make wind-assisted propulsion systems (WAPS) even more important for
- [Put to the test](https://ship.energy/magazine-features/put-to-the-test/): Lubmarine’s Disola Long Life 10W-40 engine oil has achieved 4,000-hour drain interval approval for MAN 175D engines, whereas most approved engine oils for this engine type require drain intervals of between 1,000 to 2,500 hours. Bunkerspot caught up with Stuart Fuller, Market Liaison & Product Manager for Engine Oils, Marine & Power Division, TotalEnergies, to
- [Retrofit revolution](https://ship.energy/magazine-features/retrofit-revolution/): In the global race to decarbonise shipping, Portugal stands out as one of the countries transforming political intent into measurable action. While the European Union (EU) has defined a robust regulatory framework, the Portuguese government has taken a decisive step further: rather than waiting for newbuilds to arrive or for market forces to dictate the
- [Bringing net-zero back on track](https://ship.energy/magazine-features/bringing-net-zero-back-on-track/): The International Maritime Organization’s (IMO) Net Zero Framework (NZF) may be on hold but in a few short weeks an IMO carbon intensity reporting platform will be entering its third year of operation. Has the ‘pin’ in the IMO NZF slowed down investment in new, lower-emission vessels and fuels? Maybe. Although it is a small
- [Efficient leverage](https://ship.energy/magazine-features/efficient-leverage/): As 2025 draws to a close, one reality has become unavoidable: the maritime sector cannot wait for perfect policy alignment to cut emissions. Global negotiations have stalled, long-term fuel pathways remain uncertain, and regulatory patchworks are expanding. Yet the industry already has the most powerful lever it needs to make meaningful progress this decade –
- [Bird’s eye view](https://ship.energy/magazine-features/birds-eye-view/): MAGPIE (sMArt Green Ports Integrated and Efficient) is a collaborative research and innovation project funded by the European Commission (EC) under the Horizon 2020 Green Deal call. The Port of Rotterdam coordinates a consortium of 42 partners, including ports, research institutes, universities, small and medium enterprises (SMEs), and large commercial companies.In 2021, the MAGPIE project
- [Decarbonisation lessons from Norway](https://ship.energy/magazine-features/decarbonisation-lessons-from-norway/): There must be something in Norway’s waters, for its shipowners are well ahead of the global average for the uptake of both alternative fuels and energy efficiency technology.According to data from the Norwegian Shipowners’ Association, about 15% of Norwegian-owned ships on the water today are capable of using alternative fuels, compared to 2% of the
- [Risk aware](https://ship.energy/magazine-features/risk-aware/): The global maritime industry has faced unprecedented regulatory challenges over the past three years as Western governments have imposed a complex web of sanctions in response to geopolitical developments, most notably the conflict in Ukraine. The introduction of the Russian oil price cap by the so-called ‘Price Cap Coalition’ (comprising the EU, UK, US, and
- [Managing complexity](https://ship.energy/magazine-features/managing-complexity-2/): Shipping is a sophisticated blend of managed complexity. Thousands of years of commercial shipping has led to an industry that is well versed in navigating and embracing these intricacies. Most recently, this complexity comes in the form of new regulations, alternative fuels and technological advancements that are evolving at such a pace that it feels
- [People-powered](https://ship.energy/magazine-features/people-powered/): The International Maritime Organization’s (IMO) approval of the Net-Zero Framework in April sent a clear signal: the transition to net zero starts now. As a consultative member at the IMO, Pacific Environment has actively been participating in negotiations. While several elements of the framework remain to be finalised and are contingent on its formal, and
- [Not if, but how…](https://ship.energy/magazine-features/not-if-but-how/): Decarbonisation in shipping has been a headline topic for years. Today, the conversation is no longer about ‘if’ the industry will change but instead about how fast changes will evolve. LNG-powered vessels, scrubber technology and biofuels are already established, while newer solutions, such as emulsion-based fuels and blended alternatives, are entering the mainstream. A multi-fuel,
- [If we wait, we will fail](https://ship.energy/magazine-features/if-we-wait-we-will-fail/): Despite growing pressure from regulators, supply chain partners and external stakeholders, recent studies reveal that maritime carbon emissions have in fact regressed to 2008 levels.This trend is due to a number of factors including a consistent growth in trade and fleet activity, combined with the slow adoption of clean technologies and an uncertain regulatory landscape,
- [Shipping at the crossroads](https://ship.energy/magazine-features/shipping-at-the-crossroads/): The global shipping industry stands at a critical juncture. Regulatory milestones are approaching, investors are scrutinising environmental performance more closely than ever, and shipowners are being pressed to engage current pathways to decarbonisation. Despite this momentum, the industry is still struggling to meet its decarbonisation targets. Green fuels are developing slowly, and while they will
- [Untapped potential](https://ship.energy/magazine-features/untapped-potential/): Shipping has always had a complicated relationship with regulation. Every new rule is greeted first with disbelief, then with outrage, and finally with a weary sigh as the invoices start arriving. The sulphur cap was going to destroy global trade. Ballast water rules would finish off the survivors. The European Union’s Emissions Trading System (EU
- [Going nuclear?](https://ship.energy/magazine-features/going-nuclear/): As the world fleet grapples with meeting the International Maritime Organization’s (IMO) greenhouse gas (GHG) reduction targets, the prospect of harnessing nuclear energy for commercial ships is gathering unprecedented interest. The nuclear option is no longer confined to naval vessels or speculative future projects. Recent investments and attention from regulatory and international state-level collaboration are
- [Circular pathway](https://ship.energy/magazine-features/circular-pathway/): Shipowners that adopt drop-in low-carbon fuels compatible with existing technology can reduce transition costs and secure an immediate, competitive fuel solution to meet decarbonisation and regulatory requirements. Ports, shipowners, suppliers and certification bodies must work together to rapidly develop the infrastructure and systems needed to scale the availability of low-carbon drop-in fuels. But are bunkering
- [LNG challenges](https://ship.energy/magazine-features/lng-challenges/): Work to decarbonise the shipping industry is currently reaching an inflection point. The International Maritime Organization (IMO) has announced plans to introduce a new Net Zero Framework (NZF), which – if enacted – will establish a mandatory marine fuel standards and GHG emissions pricing for shipping, while regional measures such as the EU Emissions Trading
- [Decarbonising shipping without sinking the industry](https://ship.energy/magazine-features/decarbonising-shipping-without-sinking-the-industry/): The shipping industry is under mounting pressure to decarbonise. With the European Union’s (EU) enacted regulatory enforcements, the International Maritime Organization’s (IMO) proposed targets, and public pressure, the urgency to source a realistic, commercial and effective solution has never been so great. Yet at the core of this energy transition sit two priorities which are
- [Problem-solving](https://ship.energy/magazine-features/problem-solving/): As the maritime industry accelerates toward decarbonisation targets, biofuels are quickly moving from the edge to the centre of fuel strategies. Regulatory frameworks such as FuelEU Maritime (FEUM) and the International Maritime Organization’s (IMO) revised Greenhouse Gas (GHG) reduction strategy prioritise alternative fuels, with biofuels hailed as a near-term solution to reducing emissions and carbon
- [Bio-legalities](https://ship.energy/magazine-features/bio-legalities/): Using biomass as fuel is not new. There are records of vegetable oil being used in lamps as far back as 4000 B.C. In the 21st century biomass includes a variety of organic materials such as crops, vegetable oils, animal fats and waste products. A vast number of businesses use biofuel across a whole range
- [Pivot point?](https://ship.energy/magazine-features/pivot-point/): All eyes have been turned to London where adoption of the International Maritime Organization’s Net-Zero Framework is setting the stage for the decarbonisation of shipping. The backdrop for this ambition is playing out in shipyards in China, Korea and beyond, in ports around the world, onboard vessels plying the oceans, and in board rooms and
- [Plug in or pay up!](https://ship.energy/magazine-features/plug-in-or-pay-up/): By 2030, containerships and passenger ships in Europe are required to use shore power under FuelEU Maritime (FEUM). In the same year, the Alternative Fuels Infrastructure Regulation (AFIR) mandates that 90% of port calls by ships above 5,000 GT at TEN-T ports must be electrified1. Meeting these targets in just a few years demands enormous
- [Closing the trillion-plus gap](https://ship.energy/magazine-features/closing-the-trillion-plus-gap/): Maritime shipping’s energy transition is not just about regulation and technology – it’s also about finance. Drawing on a year of research and over 40 interviews across the maritime value chain and financial sector, a new report from Lloyd’s Register Maritime Decarbonisation Hub and Environmental Defense Fund has shown how traditional models may still fall
- [Missing incentives](https://ship.energy/magazine-features/missing-incentives/): The recent approval in April by the International Maritime Organization (IMO) of the Net-Zero Framework (NZF), through amendments to MARPOL Annex VI, marks a milestone in global maritime decarbonisation policy. However, detailed analysis reveals that the framework lacks the architecture to steer the industry away from fossil fuels. By not fully incentivising the move towards
- [Sailing forwards](https://ship.energy/magazine-features/sailing-forwards/): Whatever industry you are in, it’s impossible to miss the ever-increasing need for engineering solutions to be more sustainable and align with climate targets. So it was a given that a new project undertaken by a group of six master’s engineering students at the University of Southampton – all of whom sail – would combine
- [When a plan comes together](https://ship.energy/magazine-features/when-a-plan-comes-together/): In April, countries around the world reached a historic milestone with the approval of the International Maritime Organization’s (IMO) Net Zero Framework, a set of policies designed to decarbonise the shipping sector by 2050. As the IMO’s 83rd session of the Marine Environment Protection Committee (MEPC 83) wrapped up in London, the atmosphere in the
- [Becoming ‘ammonia ready’](https://ship.energy/magazine-features/becoming-ammonia-ready/): As ammonia gains traction as a marine fuel, the need to optimise operational safety is also increasingly in focus. Alongside vessel design and crew training, which form the foundation for safe operations, technical safeguards are also necessary. To help manage these, DNV, in cooperation with industry partners, has developed a new recommended practice (RP) that
- [LBM on the rise?](https://ship.energy/magazine-features/lbm-on-the-rise/): Liquefied biomethane (LBM) is emerging as one of the most commercially compelling bunker fuels in the EU, as bunker buyers look for cost-effective ways to meet tightening greenhouse gas (GHG) limits.Rising interest in the fuel is reflected in a recent wave of LBM bunkering operations at European ports. Shell delivered 500 metric tonnes (mt) of
- [Immediate impact, long-term scalability](https://ship.energy/magazine-features/immediate-impact-long-term-scalability/): As shipping’s regulatory environment tightens in an effort to accelerate its transition to net zero by 2050, the pressure on shipowners to evidence meaningful reductions in their carbon emissions is increasing. However, in spite of the clear necessity to act now, the industry is gripped by a sense of hesitancy when it comes to engaging
- [Clear thinking](https://ship.energy/magazine-features/clear-thinking-2/): The maritime industry has traditionally not been the quickest to adopt new technologies that deliver significant environmental benefits. This hesitation is often attributed to a lack of clarity around regulations and technical standards. With the FuelEU Maritime (FEUM) regulation taking effect, the European Commission has taken steps since 2024 to clarify regulatory ambiguities. In particular,
- [The go-to for FEUM compliance](https://ship.energy/magazine-features/the-go-to-for-feum-compliance/): The FuelEU Maritime Directive (FEUM), in force since the start of this year, requires ships of 5,000 gross tonnage and above to progressively reduce greenhouse gas emissions when trading in EU waters. This presents immediate challenges for shipowners, particularly those operating conventionally fueled vessels, as compliance will require swift and strategic action.Broadly speaking, there are
- [Lighthouses in the storm](https://ship.energy/magazine-features/lighthouses-in-the-storm/): 2025 has been a stress test for America’s ports. Trade tariffs are dampening cargo volumes and squeezing margins; federal grants have been withdrawn and recklessly stripped of climate and equity criteria; and a shift in the United States’ stance at MEPC 83 resulted in a deal that falls significantly short of delivering the International Maritime
- [The mission continues…](https://ship.energy/magazine-features/the-mission-continues/): In less than two years, the Zero Emission Maritime Buyers Alliance (ZEMBA) has accomplished what many in the maritime sector saw as an impossible goal – bringing together the industry’s customers for more sustainable solutions. Through ZEMBA’s tender processes, members are paying a premium to reduce their shipping emissions in a strategic manner that accelerates
- [Starting out](https://ship.energy/magazine-features/starting-out/): I played a central role at the International Maritime Organization (IMO) as it set its 2040 greenhouse gas emissions targets because of my work as a professor at University College London (UCL) and my role as an IMO representative for the Institute for Marine Engineering, Science and Technology (IMarEST). Now, the industry needs to innovate
- [Good to go](https://ship.energy/magazine-features/good-to-go/): The maritime industry’s first full-scale carbon capture system is now operational. Installed on the ethylene carrier Clipper Eris, the Wärtsilä-designed system captures carbon dioxide from all onboard combustion sources: main engine, auxiliary engines, and boilers. This represents the first fully integrated solution of its kind on a seagoing vessel, involving comprehensive safety protocols and compliance
- [Next-gen training](https://ship.energy/magazine-features/next-gen-training/): The landscape is picture-perfect: ships are lined up in the marina on the river Dart, their masts glittering under a much-welcome June sunshine.For students at the South Devon College Marine Academy, in South West England, this is a classroom.Setting off on a small boat that morning is a group of Maritime Studies pupils, who are
- [Lets go nuclear!](https://ship.energy/magazine-features/lets-go-nuclear/): Readers of Bunkerspot magazine will be familiar with IBIA (the International Bunker Industry Association). Many of you may even remember me from my time as IBIA’s Director and representative to the International Maritime Organization (IMO). After helping to guide the industry through ‘IMO 2020’ – the global reduction in allowable sulphur emissions from marine fuels,
- [Med Sea change](https://ship.energy/magazine-features/med-sea-change/): Bunkering in Italy – and across the whole of the Mediterranean – underwent a significant shift on 1 May this year when the International Maritime Organization’s new Emission Control Area (ECA) came into effect.ECA RULESUnder the new regulations, ships will have to run fuel with a maximum sulphur content of 0.10% or use abatement technology
## Podcasts
- [Jesse Fahnestock, Head of Research and Analysis at Global Maritime Forum](https://ship.energy/podcasts/jesse-fahnestock-head-of-research-and-analysis-global-maritime-forum/): In this week’s ship.energy podcast, Jesse Fahnestock of the Global Maritime Forum explains the concept of Green Shipping Corridors. Introduced in the Clydebank Declaration launched at COP26 in Glasgow last year, these corridors are intended to bring together actors from across the value chain to get shipping to the point where it actively adopts low
- [Mads Bjørnebye, Manager of Bunker Services at Teekay](https://ship.energy/podcasts/mads-bjornebye-manager-of-bunker-services-teekay/): In this week’s ship.energy podcast, Mark Williams talks to Mads Bjørnebye, Manager of Bunker Services at Teekay. Mads discusses ship operators’ varying routes to compliance for EEXI and CII and how annual emission reductions are required to be 1.42% from this year and every year to hit the IMO’s 2050 targets. He looks at the
- [Joshua Politis, Deputy Managing Partner, Transport Capital](https://ship.energy/podcasts/joshua-politis-deputy-managing-partner-transport-capital/): This week’s ship.energy podcast guest is Joshua Politis, Deputy Managing Partner at Transport Capital. In discussion with Mark William, he reviews the financial landscape for smaller, independent ship owners and considers their ability to access capital for low-carbon fleet investment. Joshua also looks at how investors and financiers are getting up to speed on the
- [Marcus Schaerer, General Manager of Technical Services at Shell Marine](https://ship.energy/podcasts/marcus-schaerer-gm-services-technical-marine-shell/): In this week’s ship.energy podcast, Mark Williams talks to Marcus Schaerer, General Manager of Technical Services at Shell Marine. Marcus explains Shell’s innovative approaches to engine monitoring technology and outlines the company’s vision for marine fuel and lubricants in a multi-energy future. He also discusses energy demand – in the decades ahead and, importantly, in
- [Jesper Bo Hansen, Chief Revenue Officer of ZeroNorth](https://ship.energy/podcasts/jesper-bo-hansen-chief-revenue-officer-zeronorth/): This week’s ship.energy podcast guest is Jesper Bo Hansen, the recently appointed Chief Revenue Officer at Danish vessel optimisation specialist Zero North. Jesper spoke at COP 26, and at the time of his appointment at ZeroNorth, he commented: ‘The next generation is keeping our sector accountable like never before, and it gives me hope for
- [Damien Valdenaire, Science Executive for the Refining Technology at Concawe](https://ship.energy/podcasts/the-ship-energy-podcast-damien-valdenaire-science-executive-concawe/): We’re pleased to welcome you all back for our first podcast episode of 2021. We open the new year with a look into the uncertain future of oil demand within shipping as the industry steams its way towards cleaner alternatives. Today we’re joined by Damien Valdenaire of the European Petroleum Refiners Association (CONCAWE) to explore
- [Adrian Tolson, Director and Lead at BLUE Insight](https://ship.energy/podcasts/the-ship-energy-podcast-adrian-tolson-director-and-lead-blue-insight/): We’re exploring the macro topics in a big-picture podcast this fortnight with Adrian Tolson, Director and Lead at BLUE Insight. With 35 years’ experience in marine fuels supply & demand and bunkering infrastructure development, Adrian speaks to the commercial, societal, and logistical challenges on shipping’s journey towards zero emissions – including slow steaming, market consolidation,
- [Tuomas Riski, CEO of Norsepower](https://ship.energy/podcasts/the-ship-energy-podcast-tuomas-riski-ceo-norsepower/): With such focus on future fuels, we sometimes need to remind ourselves of the considerable opportunity that rests with alternative propulsion systems and fuel efficient technologies in driving the shipping industry to its zero emissions future. Joining us to discuss this interesting avenue of the decarbonisation challenge is Tuomas Riski, CEO of Helsinki-based rotor sail
- [Dr Pablo Rodas-Martini, President of Gliese Foundation](https://ship.energy/podcasts/the-ship-energy-podcast-dr-pablo-rodas-martini-president-gliese-foundation/): Financing, funding, and investment continue to be sticking points in the road to decarbonisation for the shipping sector. Despite increasing focus towards unlocking the barriers to investment for zero emissions projects, such as the formation of the Poseidon Principles and various studies and reports outlining cost projections, the path to funding the industry’s decarbonisation remains
- [Peter Keller, Chairman of SEA-LNG](https://ship.energy/podcasts/the-ship-energy-podcast-peter-keller-chairman-sea-lng/): Marine LNG has its strong proponents, with major shipping companies continuing to add their names to the dual-fuelled vessel global order book and energy suppliers joining the dots in building a robust bunkering infrastructure. LNG also has its critics who question its longevity as a marine fuel as shipping embarks on its very challenging path
- [Chris Chatterton, COO of The Methanol Institute](https://ship.energy/podcasts/the-ship-energy-podcast-chris-chatterton-coo-methanol-institute/): Following his participation in our first ship.energy summit this week, we’re pleased to welcome Chris Chatterton to this week’s podcast to discuss the case for methanol. As the future fuels debate has evolved over the years, methanol has been keeping pace with its rivals LNG and ammonia as a low carbon alternative to diesel fuel
- [Barend Thijssen, VP & Head of Segment Marine Four-Stroke at MAN Energy Solutions](https://ship.energy/podcasts/barend-thijssen-vp-head-of-segment-marine-four-stroke-man-energy-solutions/): We are delighted to welcome our podcast guest this week, Barend Thijssen, VP & Head of Segment Marine Four-Stroke at MAN Energy Solutions. A shipping engineer by trade, Barend has over 20 years’ experience of the global shipping industry. He took up his current post at MAN ES in 2016. As the LNG-fuelled vessel orderbook
- [Charles Haskell, Decarbonization Program Manager at Lloyd’s Register](https://ship.energy/podcasts/charles-haskell-decarbonization-program-manager-lloyds-register/): This week, Charles Haskell, Decarbonisation Program Manager at Lloyd’s Register, is taking centre stage as ship.energy’s podcast guest. Class societies are playing a key and proactive role in assisting the shipping industry to meet the massive challenge of decarbonisation and deliver on the IMO’s 2030 and 2050 GHG emission reduction targets. Earlier this week, some
- [Denis Petropoulos, Chairman of the Baltic Exchange](https://ship.energy/podcasts/denis-petropoulos-chairman-of-the-baltic-exchange/): In his conversation with Mark Williams, Denis Petropoulos, Chairman of the Baltic Exchange, ranges over some original ideas to cut emissions; how the Baltic Exchange might alter its operations in a multi-fuel world; whether a ‘sweet spot’ exists at which cargo owner bears responsibility for ships’ emissions and their costs while assisting owners with sailing
- [Jonathan Strachan, Director of Ship Design & Engineering at Houlder Ltd](https://ship.energy/podcasts/jonathan-strachan-director-of-ship-design-and-engineering-at-houlder-ltd/): This week’s ship.energy podcast focuses on vessel design and retrofit options to meet forthcoming emission regulations. Mark Williams is joined by Jonathan Strachan, Director of Ship Design and Engineering at Houlder Ltd. He and Mark discuss why today is a great time to be a naval architect; how ship owners and designers can future-proof their
- [Mathieu Philippe, Commercial Director, Marine & Offshore Division at Bureau Veritas](https://ship.energy/podcasts/mathieu-philippe-commercial-director-marine-offshore-division-bureau-veritas/): In this week’s podcast, Mark Williams is joined by Mathieu Philippe, Commercial Director, Marine Offshore Division, Bureau Veritas. In this wide-ranging discussion, Matthieu explains the contribution that BV is making as a class society in assisting shipping to address and comes up with solutions to the challenge of decarbonisation.
- [Jay Goodgal, MD of Castalia Partners Ltd](https://ship.energy/podcasts/jay-goodgal-md-of-castalia-partners-ltd/): In this week’s podcast Jay Goodgal, MD of Castalia Partners Ltd, New York, tackles the tough questions about investing in shipping. How can an investor find value in today’s shipping market with such uncertainty about future regulations? Are ESG scorecards useful – and are they being used? How is the Biden Administration measuring up in
- [Michael Schaap, Commercial Director Marine of Titan LNG](https://ship.energy/podcasts/michael-schaap-commercial-director-marine-titan-lng/): Titan LNG is a leading LNG fuel supplier, experienced in truck-to-ship and ship-to-ship refuelling across the world. Titan’s fleet of FlexFueller LNG barges operate in the ARA region and in addition to these Titan operates chartered LNG carriers globally.
- [Rashpal Bhatti, VP, Maritime and Supply Chain Excellence at BHP](https://ship.energy/podcasts/rashpal-bhatti-vp-maritime-and-supply-chain-excellence-bhp/): This week’s podcast guest is Rashpal Bhatti, VP, Maritime and Supply Chain Excellence at the Anglo-Australian multinational mining, metals and petroleum company, BHP. Recently announced as a director at the Maritime Decarbonisation Centre in Singapore, where BHP is one of the founding members, Rashpal discusses how BHP is already approaching the challenge of reducing the
- [Alex Clark, PhD Researcher, University of Oxford](https://ship.energy/podcasts/alex-clark-phd-researcher-university-of-oxford/): Alex joins us to discuss the recent report published by the Smith School: Zero-Emissions Shipping: Contracts-for-difference as incentives for the decarbonisation of international shipping This report looks at the feasibility of applying a policy instrument known as a ‘contract-for-difference’(CfD), which has seen previous success in driving down the costs of renewable energy generation technologies in
- [John Phillips, Director of Awyr Las Ltd](https://ship.energy/podcasts/john-phillips-director-awyr-las-ltd/): In this week’s podcast, John Phillips of Awyr Las joins Mark Williams to discuss the challenges around organisational structure, skills and knowledge development during shipping’s energy transition; why Maersk’s methanol solution may not wash for other ship operators; and why innovation in marine fuels continues to generate unexpected opportunities.
- [Harold Malone, Principal of Sea/Switch Partners](https://ship.energy/podcasts/harold-malone-principal-sea-switch-partners/): In this week’s ship.energy podcast, Harold Malone, Principal of Sea/Switch Partners and a seasoned shipping finance and operational leader, discusses whether ship owners need to change their traditional approach to financing ships as the industry decarbonises. Will they, for example have to become more ‘corporate’ in their operations? In conversation with Mark Williams, Harold talks
- [Rachel Hoyland, Senior Associate at Hill Dickinson](https://ship.energy/podcasts/rachel-hoyland-senior-associate-hill-dickinson/): This week’s podcast guest is Rachel Hoyland, shipping lawyer and Senior Associate at Hill Dickinson. She provides an incisive and informative legal ‘take’ on the key issues on the decarbonisation agenda. As the call grows for a price to be put on shipping’s GHG emissions, and countries begin to implement their own emissions trading systems,
- [Rachel Hoyland, Senior Associate, Hill Dickinson](https://ship.energy/podcasts/rachel-hoyland-senior-associate-hill-dickinson-2/): This week, Rachel Hoyland, shipping lawyer and Senior Associate, Hill Dickinson, returns to ship.energy to explore a sometimes overlooked theme in shipping’s decarbonisation - downsizing or, to put it another way, decarbonising by default. In conversation with ship.energy’s Mark Williams, Rachel picks up the threads of a talk she gave in advance of London International
- [Aoife O'Leary, CEO of Opportunity Green](https://ship.energy/podcasts/aoife-oleary-ceo-opportunity-green/): Aoife O’Leary is a lawyer and economist who has been working on climate change for many years, and has just started her own organisation, Opportunity Green, to continue that journey. In the first of ship.energy’s series of podcasts focusing on the key challenges and issue to be debated at COP 26, Aoife explains how her
- [Steven Lua, CEO of Unitrove Group](https://ship.energy/podcasts/steven-lua-ceo-unitrove-group/): Our next COP26 podcast guest is Steven Lua, CEO and Founder of Unitrove Group – and a recent contributor to September’s virtual ship.energy summit. In conversation with Mark Williams, Steven looks at the IMO’s 2030 and 2050 GHG reduction targets and offers Unitrove’s ‘take’ on the potential for future shipping fuels, such as liquid hydrogen
- [Gavin Allwright, Secretary General of International Windship Association](https://ship.energy/podcasts/gavin-allwright-secretary-general-international-windship-association-iwsa/): In this ship.energy podcast, Gavin Allwright, Secretary General of the International Windship Association (ISWA), explains why he is such a passionate advocate for the use of wind propulsion for commercial shipping worldwide. ISWA has just announced its campaign, ‘The decade of wind propulsion.’ The Association is a forum for all industry stakeholders, experts, academics and
- [Simon Tarrant, Lubrizol](https://ship.energy/podcasts/simon-tarrant-director-commercial-engine-lubricants-large-engines-lubrizol/): Our next podcast guest is Simon Tarrant, Director, Commercial Engine Lubricants, Large Engines, at the specialty chemical provider, Lubrizol. In conversation with Mark Williams, Simon offers his insights on shipping’s decarbonisation challenges and also explains Lubrizol’s key role in developing additives used in marine lubricants, not only for today’s range of bunker fuel grades but
- [Natalie Gupta, Director Bunkering of Yara Clean Ammonia](https://ship.energy/podcasts/natalie-gupta-director-bunkering-value-chain-partnerships-yara-clean-ammonia/): Our next podcast guest, offering her perspectives on some of the themes and conversations coming out of COP 26, is Natalie Gupta, Director of Bunkering – Value Chain Partnerships, at Yara Clean Ammonia. In discussion with Mark Williams, Natalie gives an overview of Yara’s operations and introduces the company’s newly established business unit, Yara Clean
- [Antoon Van Coillie, CEO of Zulu Associates](https://ship.energy/podcasts/antoon-van-coillie-chief-executive-officer-zulu-associates/): Our next ship.energy podcast guest is Antoon van Coillie, Director of Zulu Associates, who discusses his company’s work in the area of autonomous and zero emission shipping. Zulu is a Belgian firm which describes itself as an ‘initiator, developer and operator of innovations in the marine component of logistic chains.’ It has two main business
- [Di Gilpin, Founder and CEO, Smart Green Shipping Ltd](https://ship.energy/podcasts/di-gilpin-founder-and-ceo-smart-green-shipping-ltd/): In this week’s podcast, Mark Williams and Di Gilpin discuss the ways in which technological innovation can make a difference today, and how wind power is future proof and can survive the energy transition. They also take in a review of COP26 maritime events and the challenges innovators face when raising venture capital.
- [Martin Crawford-Brunt, CEO at Lookout Maritime](https://ship.energy/podcasts/martin-crawford-brunt-ceo-at-lookout-maritime/): This week’s ship.energy podcast guest is Martin Crawford Brunt, CEO at Lookout Maritime. He talks to Mark Williams about Lookout Maritime, which he set up last year to contribute towards sustainable business practices in the maritime industry, and he also identifies the particular challenges facing the maritime industry at this point in the energy transition
- [Robin Byde, Director - Research at Zeus Capital](https://ship.energy/podcasts/robin-byde-director-research-at-zeus-capital/): This week’s ship.energy podcast guest is Robin Byde, an equity research analyst who works for a leading independent investment bank in the London market, Zeus Capital. Robin gives his perspectives on investor attitudes to transport decarbonisation and, looking more closely at the shipping sector, he considers whether ESG concerns could be advantageous for shipping companies
- [Roger Strevens, VP, Global Sustainability at Wallenius Wilhelmsen](https://ship.energy/podcasts/roger-strevens-vp-global-sustainability-at-wallenius-wilhelmsen/): This week’s ship.energy podcast guest is Roger Strevens, VP, Global Sustainability at Wallenius Wilhelmsen. In discussion with Mark Williams, Roger explains the company’s approach to decarbonisation, including its ‘Lean Green’ strategy. He also looks at the impact of the energy transition on the liner sector, offers an overview of the company’s projects involving wind technology,
- [Sjoerd de Jager, PortXchange & Adina Fenton, Windward](https://ship.energy/podcasts/windward-and-portxchange/): On this week’s ship.energy podcast, Mark Williams is in conversation with Sjoerd de Jager, MD of the port call optimisation software specialist, PortXchange, and Adina Fenton, Business Development Director of the data and analytics company Windward. The focus of the discussion is on how digitalisation is optimising and streamlining port and vessel operations, thereby delivering
- [Patrick Ryan, Senior Vice President – Engineering and Technology at ABS](https://ship.energy/podcasts/patrick-ryan-senior-vice-president-engineering-and-technology-abs/): This week’s podcast guest is Patrick Ryan, Senior Vice President – Engineering and Technology for ABS. In his discussion with Mark Williams, Patrick gives his perspective on the role of Class in shipping’s decarbonisation. With a strong background in digital innovation, he also considers how digital advances – such as simulation technology – will play
- [Daniel Gent, Marine Fuels Transition Lead, Soya Group](https://ship.energy/podcasts/daniel-gent-marine-fuels-transition-lead-soya-group/): We ask what a sensible approach to decarbonisation can look like with the new Marine Fuels Transition Lead for Soya Group, which partly owns UECC, Wallenius Wilhelmsen and Wallenius Sol.
- [Guillaume Le Grand, CEO, TOWT](https://ship.energy/podcasts/guillaume-le-grand-ceo-towt/): In this week’s podcast Guillaume le Grand, founder and CEO of TransOceanic Wind Transport (TOWT), discusses how the French company is looking backwards to move forwards on the decarbonisation of shipping by building sailing cargo ships to carry goods across the world’s oceans. Earlier this year, the company contracted shipbuilder Piriou to build its first
- [Carole Plessy, Head of Maritime Commercial Development at OneWeb](https://ship.energy/podcasts/carole-plessy-head-of-maritime-commercial-development-oneweb/): In this edition of the podcast, Carole Plessy, Head of Maritime Commercial Development at OneWeb, explains how predictive analytics can deliver value to shipowners in terms of managing opex and maintenance costs. She also looks at how digital services can assist in emissions reduction and considers how the shipping industry is stepping up to meet
- [Marie Fricaudet and Dr Tristan Smith of UCL Energy Institute](https://ship.energy/podcasts/marie-fricaudet-and-dr-tristan-smith-ucl-energy-institute/): A new study by UCL Energy Institute researchers has determined that the world’s growing fleet of ships that can run on LNG could potentially be at risk of asset value losses of $850 billion by 2030. In this week’s ship.energy podcast, Mark Williams talks to the report’s co-authors, Marie Fricaudet, a PhD student at the
- [Steve Esau of SEA-LNG and Bruno Piga of Nanyang Technological University](https://ship.energy/podcasts/steve-esau-sea-lng-and-bruno-piga-nanyang-technological-university/): This week’s ship.energy podcast features Steve Esau, COO of SEA-LNG, and Bruno Piga, Research Consultant at Nanyang Technological University in Singapore. Steve and Bruno discuss the findings of their recently published report, Comparing the future demand for, supply of, and life-cycle emissions from bio, synthetic, and fossil LNG marine fuels in the European Union.
- [Cameron Mitchell, Director, Isle of Man Ship Registry](https://ship.energy/podcasts/cameron-mitchell-director-isle-of-man-ship-registry/): The ship.energy podcast gets into its stride in the New Year with a conversation between ship.energy’s Tom Barlow-Brown and Cameron Mitchell, Director of the Isle of Man Ship Registry (IoMSR). At the celebration of its 40th anniversary last September, the Registry emphasised its proactive stance on decarbonisation and crew welfare, and in this wide-ranging discussion
- [Allyson Browne, Co-founder of High Ambition Climate Collective](https://ship.energy/podcasts/allyson-browne-high-ambition-climate-collective/): ship.energy celebrates its 100th podcast this week with a great conversation between contributing editor Mark Williams and Allyson Browne, co-founder of High Ambition Climate Collective and a driving force for change in climate and energy policy. Shore power is a key strand in this discussion, and Allyson looks at developments in this technology at US
- [Amb. Albon Ishoda and Dr Edmund Hughes](https://ship.energy/podcasts/amb-albon-ishoda-marshall-islands-special-envoy-for-maritime-decarbonisation-and-dr-edmund-hughes-ibia-representative-to-the-imo/): In this special episode, representatives from Small Island Developing States (SIDS) and the bunkering industry lay out their hopes and expectations ahead of the IMO’s MEPC 83 meeting, which is set to approve potentially ‘game-changing’ measures for shipping’s energy transition.
- [Pia Meling, Managing Director, Evigo](https://ship.energy/podcasts/pia-meling-managing-director-evigo/): In this edition of the ship.energy podcast, Lesley Bankes-Hughes talks to a very well-known and proactive leader in the maritime industry, Pia Meling.
- [South Devon College Marine Academy](https://ship.energy/podcasts/south-devon-college-marine-academy/): In this episode, we meet students, tutors and managers at the South Devon College Marine Academy to discuss how maritime training is evolving amid shipping’s digital and energy transitions.
- [Alexander Döll, CEO, Methanol Institute](https://ship.energy/podcasts/alexander-doll-ceo-methanol-institute/): In this episode, we meet the new CEO of the Methanol Institute to hear his gameplan for the development of methanol as a marine fuel.
- [Matthieu de Tugny, Executive Vice President, Marine & Offshore, Bureau Veritas](https://ship.energy/podcasts/matthieu-de-tugny-executive-vice-president-marine-offshore-bureau-veritas/): In this episode, BV’s maritime head details why he believes that shipping needs ‘radical ideas’ to achieve its decarbonisation targets. Speaking after the publication of his second book, titled Toward a sustainable blue economy, in which he calls for ‘a revolution in how we finance, fuel and operate the global fleet’, Matthieu de Tugny outlines what
- [Prof. Lynn Loo, CEO, Global Centre for Maritime Decarbonisation (GCMD)](https://ship.energy/podcasts/prof-lynn-loo-ceo-global-centre-for-maritime-decarbonisation-gcmd/): In this episode, GCMD’s CEO Prof. Lynn Loo unpacks the learnings from two landmark pilots: ship-to-ship ammonia transfers in the Pilbara and a demonstration of an end-to-end value chain for onboard captured CO₂ in China.
- [Helene Tofte, Executive Director, Norwegian Shipowners’ Association](https://ship.energy/podcasts/helene-tofte-executive-director-norwegian-shipowners-association/): In this episode, we reflect on what the maritime industry can learn from the experience of Norwegian shipowners, who have been frontrunners in the adoption of alternative fuels and energy efficiency technology.
- [Sofia Fürstenberg Stott, Partner, Fürstenberg Maritime Advisory](https://ship.energy/podcasts/sofia-furstenberg-stott-partner-furstenberg-maritime-advisory/): In this episode, we examine the potential of ammonia to take off as a marine fuel, by considering trends on both the production and demand sides.
- [Marcel Goncalves, Vice President, Decarbonization, Carnival Corporation](https://ship.energy/podcasts/marcel-goncalves-vice-president-decarbonization-carnival-corporation/): Cruise company Carnival Corporation unpacks the learning from its experience spearheading shore power in this new episode of the First Movers series.
- [Fotini Ioannidou, Director of Waterborne Transport, Directorate General for Mobility and Transport, European Commission](https://ship.energy/podcasts/fotini-ioannidou-director-of-waterborne-transport-directorate-general-for-mobility-and-transport-european-commission/): As countries prepare for a decisive vote on the IMO Net-Zero Framework, the EU Commission expresses confidence that the first global pricing mechanism for greenhouse gas (GHG) emissions from international shipping will be adopted.
- [MEPC special: reactions to IMO Net-Zero Framework postponement](https://ship.energy/podcasts/mepc-special-reactions-to-imo-net-zero-framework-postponement/): In this special episode, we analyse the implications of the IMO Net-Zero Framework postponement with representatives of the shipping industry, Pacific Island States and environmental NGOs who attended the extraordinary MEPC meeting.
- [Vitalii Protasov, Co-Founder and CEO of GENA Solutions](https://ship.energy/podcasts/vitalii-protasov-co-founder-and-ceo-of-gena-solutions/): The CEO of green analytics firm GENA Solutions examines the impact of the one-year delay of the IMO Net-Zero Framework on renewable fuel production projects, and on future ammonia and methanol volumes available for shipping.
- [Irene Rosberg, Director, Executive MBA in Shipping and Logistics, Copenhagen Business School](https://ship.energy/podcasts/irene-rosberg-director-executive-mba-in-shipping-and-logistics-copenhagen-business-school/): In this episode we discuss the skillsets required by maritime’s executive leadership, how the concept of leadership has evolved over the last 25 years, and how education can shape and inform those at the helm of maritime companies so as to address and embrace future industry changes and challenges.
- [New Year’s special: three wishes for shipping in 2026](https://ship.energy/podcasts/new-years-special-three-wishes-for-shipping-in-2026/): Representatives from academia, the bunkering industry and environmental NGOs reflect on some of the positive developments that marked 2025 and share their main wish for 2026.
- [Jason Stefanatos, Global Decarbonization Director, DNV](https://ship.energy/podcasts/jason-stefanatos/): DNV’s Global Decarbonization Director analyses the main trends from the alternative-fuelled vessel orderbook in 2025, and sheds light on what to expect in 2026.
- [FuelEU Maritime turns 1 - Robert Gaina, Ardmore and Filip Feurst, Stena Bulk](https://ship.energy/podcasts/fueleu-maritime-turns-1-robert-gaina-ardmore-and-filip-feurst-stena-bulk/): Shipping companies Ardmore and Stena Bulk discuss how they have navigated the first year of the FuelEU Maritime regulation.
- [Lara Naqushbandi, CEO of ETFuels](https://ship.energy/podcasts/lara-naqushbandi-ceo-of-etfuels/): We unveil how some e-fuel producers are progressing their projects despite the uncertainty around the fate of a global pricing mechanism for shipping’s GHG emissions.
- [Evelyne Williams, Research Associate, Center on Global Energy Policy, Columbia University](https://ship.energy/podcasts/evelyne-williams-research-associate-center-on-global-energy-policy-columbia-university/): Trade policy researcher and former member of the U.S. delegation to IMO, Evelyne Williams breaks down the possible scenarios that could unfold when countries gather at MEPC 84 to discuss the future of the Net-Zero Framework (NZF).
- [Alexander Panagopulos, Founder & CEO, Forward Ships](https://ship.energy/podcasts/the-ship-energy-podcast-alex-panagopulos-founder-ceo-of-forward-ships/): In this special end-of-year episode of the ship.energy podcast, Mark Williams speaks with Alexander Panagopulos, founder and CEO of Project Forward, about the future of cleaner shipping and the role LNG can play in the industry’s decarbonisation journey.
- [Daniel Rose, CEO of LQM Petroleum Services](https://ship.energy/podcasts/the-ship-energy-podcast-daniel-rose-ceo-of-lm-petroleum-services/): In this fortnight’s edition of the ship.energy podcast we’re speaking to Daniel Rose, CEO of LQM Petroleum Services. The episode follows on from the recent “Future Fuels: The Road to Decarbonisation” webinar hosted by Daniel, which our podcast host Mark Williams participated in and which considered operations and technology, future fuels, and policy as three
- [Bryan Comer, Senior Researcher at ICCT](https://ship.energy/podcasts/the-ship-energy-podcast-bryan-comer-senior-researcher-icct/): The 75th meeting of the International Maritime Organisation’s Marine Environment Protection Committee (MEPC) rolled on this week in the crosshairs of a wary shipping sector. The decisions made this week in developing a regulatory pathway away from fossil-based fuels and energy sources for shipping will have key implications for an industry already in turmoil, as
- [Simon Ward, Partner at Ursa Shipbrokers](https://ship.energy/podcasts/the-ship-energy-podcast-simon-ward-partner-at-ursa-shipbrokers/): In this podcast Simon and Mark Williams take the temperature on the Akti Miaouli as Simon shares his take on how Greek ship owners are approaching the decarbonisation agenda. They compare the environmental credentials of LNG, hydrogen and other fuels against low-sulphur marine gasoil and consider the balance between economic and ecological factors in the
- [Bob Sanguinetti, CEO of the UK Chamber of Shipping](https://ship.energy/podcasts/the-ship-energy-podcast-bob-sanguinetti-ceo-of-the-uk-chamber-of-shipping/): Our ship.energy podcast this week celebrates World Maritime Day with our guest Bob Sanguinetti, CEO of the UK Chamber of Shipping. The theme for this year’s World Maritime Day – "Sustainable shipping for a sustainable planet" – provides an opportunity to raise awareness of the United Nations' Sustainable Development Goals and showcase the work that
- [Eddie Valentis, CEO of Pyxis Maritime Corp and Pyxis Tanker Inc](https://ship.energy/podcasts/the-ship-energy-podcast-eddie-valentios-of-pyxis-maritime-corp-and-pyxis-tanker-inc/): In this edition of the ship.energy podcast, Eddie Valentis, CEO of Pyxis Maritime Corp and Pyxis Tanker Inc (NASDAQ: PXS) tells Mark Williams how smaller and independent ship owners have to hang together to influence the process of decarbonisation. The pair discuss the challenges of raising capital to invest in new low-carbon technologies and compare
- [Mark Cameron, VP & COO of Ardmore Shipping](https://ship.energy/podcasts/introducing-the-ship-energy-podcast/): In ship.energy's inaugural podcast, Ardmore Shipping's Executive Vice President & COO, Mark Cameron, joins Mark Williams in a conversation about the company's approach to the GHG reduction challenge.
- [Dr Lucy Gilliam, Aviation & Shipping Campaigner at Transport & Environment](https://ship.energy/podcasts/the-ship-energy-podcast-dr-lucy-gilliam-aviation-and-shipping-campaigner-at-transport-environment/): This week’s podcast guest is Dr Lucy Gilliam of the Brussels based think tank Transport and Environment. T&E has been reporting on the impact of transport on our environment since 2007. T&E is a member of the Clean Shipping Coalition which has observer status at the IMO as well as being represented on a number
- [Tony Foster, CEO of Marine Capital Ltd](https://ship.energy/podcasts/the-ship-energy-podcast-tony-foster-ceo-marine-capital-ltd/): Rounding up our latest conversations on the next generation of ships and marine fuels, in this rendition of the ship.energy podcast Mark Williams and Tony Foster of Marine Capital Limited tackle the million – or indeed billion – dollar question of how we finance the impending transformation the world’s shipping fleet. They consider the future
- [Arvind Natrajan, Senior Manager and IMO representative, ICS](https://ship.energy/podcasts/arvind-natrajan-senior-manager-and-imo-representative-ics/): We take stock of the latest developments in IMO’s work to update seafarer training requirements for the arrival of new fuels and technologies.
- [Paul Hexter, President, Waterfront Shipping](https://ship.energy/podcasts/paul-hexter-president-waterfront-shipping/): Methanex subsidiary Waterfront Shipping shares learnings from its experience pioneering methanol as a marine fuel in this new episode of the ‘First Movers’ series.
- [Rune Holmen, Head of Maritime Transport, Enova](https://ship.energy/podcasts/rune-holmen-head-of-maritime-transport-enova/): With shipping’s energy transition calling for huge investments in new ships, fuels, technologies and supply chains, Enova’s Rune Holmen discusses how governments can best support – and fund – maritime decarbonisation.
- [Jordan Pechie, President, Seaspan Marine Transportation](https://ship.energy/podcasts/jordan-pechie-president-seaspan-marine-transportation/): In this third episode of the First Movers series, Ariane Morrissey caught up with Jordan Pechie, President at Seaspan Marine Transportation, about a year and a half after the company welcomed the first of three fully electric tugboats into its fleet, on Canada’s West Coast.
- [Stephen Gallagher, Technical Advisor, SGMF](https://ship.energy/podcasts/stephen-gallagher-technical-advisor-sgmf/): Our guest this week works day in, day out, on a question that may appear technical at first glance, but will be central to deploying new green fuels in shipping: how can we bunker those fuels safely and efficiently? Ariane Morrissey caught up with Stephen Gallagher, Technical Advisor at SGMF, a few weeks after the
- [Andrew Hoare, Head of Green Shipping, Fortescue](https://ship.energy/podcasts/andrew-hoare-head-of-green-shipping-fortescue/): In this second episode of the First Movers series, Ariane Morrissey is joined by Andrew Hoare, Group Manager of Green Shipping at Fortescue. The company made global headlines for completing trials of the world’s first ammonia capable ship, the offshore vessel Green Pioneer, in Singapore.
- [Gerry Docherty, Director, Fleet Management of Ardmore shipping](https://ship.energy/podcasts/gerry-docherty-director-fleet-management-of-ardmore-shipping/): As Ardmore marks 10 years without a lost-time injury (LTI) on its tanker Ardmore Endeavour, the company’s Fleet Management Director Gerry Docherty reflects on the importance of listening to seafarers to build a robust safety culture on board, and how that can be done in practice.
- [Ahila Karan, Senior Lead on Green Initiatives at Lloyd’s Register Maritime Decarbonisation Hub](https://ship.energy/podcasts/ahila-karan-lloyds-register-maritime-decarbonisation-hub/): This week’s podcast guest is Ahila Karan who is the Senior Lead on Green Initiatives at the Lloyd’s Register (LR) Maritime Decarbonisation Hub. In this role she led the launch of The Silk Alliance Green Corridor Cluster to catalyse the bunkering of alternative fuels in Singapore, as well as the Maritime Fuel Supply Dialogues, a
- [Alexandre Tocatlian, Head of Business Development at GTT](https://ship.energy/podcasts/alexandre-tocatlian-gaztransport-technigaz-gtt/): ship.energy marks a new month with a new podcast, featuring Alexandre Tocatlian, Head of Business Development at Gaztransport & Technigaz (GTT) Commercial Division. Taking a deep dive into all things LNG, Alexandre will discuss GTT’s work on LNG containment systems, explain the characteristics of bio and synthetic LNG, and consider how LNG can maintain its
- [Chirayu Batra, Stealth Mode & Amelia Hipwell, Lloyd's Register](https://ship.energy/podcasts/chirayu-batra-stealth-mode-amelia-hipwell-lloyds-register/): In this week’s podcast, we discuss the issues surrounding the commercial viability of nuclear-powered ships and how they could change the shipping industry. In conversation with Mark Williams, Chirayu Batra, an independent expert on advanced reactors and small modular reactors, addresses technical questions on nuclear reactors. They are joined by Amelia Hipwell, Decarbonisation Innovation Manager
- [Paul Stuart Smith, Managing Partner at JS Global Advisory](https://ship.energy/podcasts/paul-stuart-smith-js-global-advisory/): On this week’s ship.energy podcast, Paul Stuart Smith, Managing Partner, JS Global Advisory, and Mark Williams discuss whether, in the light of recent announcements from energy companies and recent election results, decarbonisation is going backwards. They consider the progress and challenges of decarbonisation and the broader ESG (Environmental, Social, and Governance) framework. Paul emphasises the
- [Giampiero Soncini, Managing Director of Oceanly](https://ship.energy/podcasts/giampiero-soncini-oceanly/): On this week’s ship.energy podcast, Mark Williams talks to Giampiero Soncini, Managing Director of the digitalisation and decarbonisation company, Oceanly. Giampiero believes that the future of digitalisation in shipping lies in achieving complete control over all aspects of navigation planning, fuel consumption, and emissions. As a result, he is convinced that Oceanly Performance will become
- [Carlo Raucci, Lloyd's Register & Karan Sawhney, UN Global Compact](https://ship.energy/podcasts/carlo-raucci-lloyds-register-karan-sawhney-un-global-compact/): In this week’s ship.energy podcast, the spotlight is on the Maritime Fuel Supply Dialogues, an initiative from Lloyd’s Register’s Decarbonisation Hub. The Dialogues were launched at a first roundtable discussion on 16 April during Singapore Maritime Week which was hosted by the Ocean Stewardship Coalition of the United Nations Global Compact in partnership with the
- [Dan Slater, VP Sales and Business Development at Scanreach](https://ship.energy/podcasts/dan-slater-vp-sales-and-business-development-scanreach/): On the ship.energy podcast this week, Dan Slater, VP Sales and Business Development at Scanreach, takes a deep dive into the world of digitalisation to explain the importance of IoT for smart shipping and how data can be collected, reported and acted on to improve vessel efficiency. Dan has a BSc in Applied Chemistry from
- [Julien Boulland, Global Market Leader - Sustainable Shipping at Bureau Veritas Marine & Offshore](https://ship.energy/podcasts/julien-boulland-head-of-the-sustainable-shipping-commercial-department-at-bureau-veritas-marine-offshore/): Julian Boulland, head of the sustainable shipping commercial department at Bureau Veritas Marine & Offshore, is this week’s podcast guest. In a wide-ranging conversation with ship.energy’s contributing editor Mark Williams, Julian considers the challenges and potential timelines for scaling up the availability of next generation shipping fuels. He also looks non-fuel tech options which are going
- [Matt Dunlop, Sustainability & Decarbonisation Director at V.Ships](https://ship.energy/podcasts/matt-dunlop-group-director-sustainability-decarbonisation-v-ships/): This week’s shipenergy podcast features Matt Dunlop, Group Director, Sustainability & Decarbonisation at V.Ships. As Sustainability & Decarbonisation Director, Matt has the responsibility to drive V.Group’s partnership with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to help the industry transition to a net zero future. He is working closely with the Center to
- [Dr. Adi Imsirovic, Director of Surrey Clean Energy](https://ship.energy/podcasts/dr-adi-imsirovic-director-surrey-clean-energy/): Dr Adi Imsirovic, Director of Surrey Clean Energy, gives his insights on alternative marine fuels and the future of oil in this week’s ship.energy podcast. Dr Imsirovic has some 35 years of experience in oil trading and has held a number of senior positions in his career, including as Global Head of Oil at Gazprom
- [Arsenio Domínguez, Secretary General, International Maritime Organization](https://ship.energy/podcasts/arsenio-dominguez-secretary-general-international-maritime-organization-imo/): This week’s ship.energy podcast features Arsenio Domínguez, who began his four-year term of office as the Secretary General of the International Maritime Organization (IMO) at the start of 2024. The podcast was recorded in the wake of the 81st session of the Marine Environment Protection Committee (MEPC) and, in conversation with ship.energy’s contributing editor, Mark
- [Christophe Tytgat from SEA Europe and CESA](https://ship.energy/podcasts/christophe-tytgat-from-sea-europe-and-cesa/): The first ship.energy podcast in April features Christophe Tytgat, Secretary General, SEA Europe (Shipyards and Marine Equipment Association) and CESA . In conversation with Contributing Editor Mark Williams, Christophe discusses his work at SEA Europe and CESA and offers his views on likely policy developments and how/if EU and IMO policies could align. He also
- [Arne Lohmann Rasmussen, Chief Analyst, Head of Research at Global Risk Management](https://ship.energy/podcasts/arne-lohmann-rasmussen-chief-analyst-head-of-research-at-global-risk-management/): The EU Emissions Trading System (EU ETS) and the drivers of the market in EU Allowances (EUAs) are the topics up for discussion in this week’s ship.energy podcast, featuring Arne Lohmann Rasmussen, Chief Analyst and Head of Research at Global Risk Management (GRM), part of Bunker Holding Group. In conversation with Mark Williams, Arne demystifies
- [George Haysom, CCO of Idwal](https://ship.energy/podcasts/george-haysom-cco-idwal/): This week, Mark Williams talks to George Haysom, CCO of Idwal, about his role in the strategic development of the company’s offerings to target markets and, more specifically, on the growth of the business’s condition improvement programme, Idwal ID. Mark and George discuss the Idwal ID online service in detail, different user cases, and how
- [Gaia Morandi, Executive Assistant at New Power Energy](https://ship.energy/podcasts/gaia-morandi-executive-assistant-new-power-energy/): New Power Energy (NPE), based in Budapest, Hungary, has developed a chemical process that reportedly captures nearly 100% of CO₂ emissions from fossil fuel combustion, converting the captured CO₂ and other gases into clean energy. NPE has already tested its equipment on an industrial chimney and an ocean-going container ship, achieving over 90% verified CO₂
- [Johan Burgren, Business Manager at PowerCell Sweden](https://ship.energy/podcasts/john-burgren-business-manager-at-powercell-sweden-ab/): Fuel cells take centre stage on this week’s ship.energy podcast. In conversation with Mark Williams, Johan Burgren, Business Manager at PowerCell Sweden AB, discusses their role in the decarbonisation of the RoPax and ferry segments – and their potential for scalability.
- [Michael Barnard, Chief Strategist, TFIE Strategy & Advisory Board Member, FLIMAX](https://ship.energy/podcasts/michael-barnard-chief-strategist-tfie-strategy-inc-advisory-board-member-flimax-ltd/): This week’s shipenergy.local podcast guest is Michael Barnard and in conversation with Mark Williams he discusses his work projecting scenarios for decarbonisation 40-80 years into the future and his recent publications around maritime decarbonisation. Whether it's refuelling aviation, grid storage, vehicle-to-grid, or hydrogen demand, his work is based on the fundamentals of physics, economics and
- [Hans-Henning Judek, President and CEO of J.E. Access Ltd](https://ship.energy/podcasts/hans-henning-judek-president-ceo-j-e-access-ltd/): In the first ship.energy podcast of 2024, Mark Williams talks to Hans-Henning Judek, President and CEO of J.E. Access Ltd.Hans discusses his CAMBIO fuel project in which he works with partners from the Americas, Europe and Asia on the conversion of biowaste from agriculture into a synthetic liquid marine fuel with an asphaltic byproduct which
- [Steven Jones, CEO, Sustainable Shipping Initiative](https://ship.energy/podcasts/steven-jones-ceo-sustainable-shipping-initiative/): Steven Jones returns to the ship.energy podcast this week to discuss the strategic priorities of the Sustainable Shipping Initiative. As its recently appointed CEO, Steven explains how this multi-stakeholder collective is combining policy research with positive actions that its members can make within key focus areas: Oceans, Communities, People, Transparency, Finance, and Energy. Steven and ship.energy contributing editor
- [Toni Stojcevski, General Manager, Project Sales & Development at Wärtsilä, and Tim Scarbrough, Director of Maritime at Ricardo](https://ship.energy/podcasts/toni-stojcevski-general-manager-project-sales-development-at-wartsila-and-tim-scarbrough-director-of-maritime-at-ricardo/): This week’s ship.energy podcast features two guests – Toni Stojcevski, General Manager, Project Sales & Development at Wärtsilä, and Tim Scarbrough, Director of Maritime at Ricardo. In conversation with Mark Williams, Toni and Tim discuss the ‘what, where, and when’ in relation to decarbonisation technology and regulations. The discussion covers engine developments, including for dual-fuelled vessels operating
- [Simon Sharpe, Director of Economics for the Climate Champions Team](https://ship.energy/podcasts/simon-sharpe-director-of-economics-climate-champions-team/): This week’s ship.energy podcast guest is Simon Sharpe, Senior Fellow at the World Resources Institute and Director of Economics for the Climate Champions Team. He is the author of ‘Five Times Faster: Rethinking the Science, Economics, and Diplomacy of Climate Change’, which has been longlisted for the Financial Times Business Book of the Year 2023. In the
- [Claudia Beumer, Global Account Manager at VT Group](https://ship.energy/podcasts/claudia-beumer-global-account-manager-at-vt-group/): On the ship. energy podcast this week, Mark Williams talks to Claudia Beumer, Global Account Manager at VT Group (Verenigde Tankrederij BV), who discusses the company’s approaches to the energy transition as well as her role as a board member of the International Bunker Industry Association (IBIA) where she participates in a number of working
- [Aoife O'Leary, CEO of Opportunity Green and Director of The SASHA Coalition](https://ship.energy/podcasts/aoife-oleary-ceo-opportunity-green-director-the-sasha-coalition/): We have a repeat visitor to the ship.energy podcast this week, Aoife O’Leary, founder and CEO of the environmental NGO, Opportunity Green.This time round, however, Aoife is talking about the aims and work of the Skies and Sea Hydrogen-fuels Accelerator (SASHA) Coalition which was established earlier this year to bring together shipping and aviation to
- [Simon Hindley, Managing Director of Solis Marine Engineering](https://ship.energy/podcasts/simon-hindley-managing-director-solis-marine-engineering/): On the ship.energy podcast this week, Simon Hindley, Managing Director of Solis Marine Engineering, joins Mark Williams to discuss his experience of working with hydrogen, ammonia, electric and methanol fuelled projects and he offers his views on which of these really has the potential to provide the answer to the maritime industry’s future fuel requirements.
- [Danial Kaabi, CEO of Sea Horizon Offshore Marine Services](https://ship.energy/podcasts/danial-kaabi-ceo-sea-horizon-offshore-marine-services/): In this edition of the ship.energy podcast, Mark Williams talks to Danial Kaabi, CEO of Sea Horizon Marine Services about the expansion of the north Field expansion project and whether low carbon technologies were specified for suppliers. With COP 28 to be held in the UAE in November this year, Mark and Danial discuss changing
- [Yuvraj Thakur, VP Commercial & General Manager of Verifavia Shipping](https://ship.energy/podcasts/yuvraj-thakur-vp-commercial-general-manager-verifavia-shipping/): On the ship.energy podcast this week, Mark Williams is conversation with Yuvraj Thakur, Commercial VP for Maritime Transport and the General Manager of Verifavia Technical Services, who explains the role of an independent maritime data verifier– particularly in relation to the upcoming inclusion of shipping in the EU’s Emissions Trading System (ETS).Yuvraj discusses the type
- [Jimmy Redman, MD & Nawaz Haq, Executive Director of SulNOx Fuel Fusions](https://ship.energy/podcasts/jimmy-redman-managing-director-sulnox-fuel-fusions-nawaz-haq-executive-director-sulnox-fuel-fusions/): On this week’s ship.energy podcast, Mark Williams talks to Jimmy Redman, MD of SulNOx Fuel Fusions, and Nawaz Haq, Executive Director of the green tech company which provides solutions towards the decarbonisation of liquid hydrocarbon fuels.
- [Michelle Wiese Bockmann, Senior Analyst at Lloyd’s List Intelligence](https://ship.energy/podcasts/michelle-wiese-bockmann-senior-analyst-lloyds-list-intelligence/): In this, the first ship.energy podcast of the week, Michelle Wiese Bockmann, Senior Analyst at Lloyd’s List Intelligence and also Markets Editor at Lloyd’s List, and Mark Williams discuss the recent MEPC 80 meeting at the IMO HQ in London, England. Michelle offers an independent view of progress and roadblocks towards net zero.
- [Danielle Southcott, CEO of Veer Group](https://ship.energy/podcasts/danielle-southcott-ceo-veer-group/): In a new ship.energy podcast, Danielle Southcott talks to Mark Williams about her ambitions for zero carbon shipping and her role as founder of SAILCARGO INC. and Veer Group (which is nominated for the EarthShot prize). Danielle was named by the Royal Institute of Naval Architects as one of the most influential women of the
- [Tim Smith, Director of MSI](https://ship.energy/podcasts/tim-smith-director-msi/): In this week’s ship.energy podcast, Tim Smith of MSI considers how changes in global energy consumption out to 2050 might impact global shipping demand. He also addresses the oft-mooted issue of ‘stranded assets’ in the context of the energy transition. Could ships become obsolete – from a technological and regulatory standpoint - before their assumed
- [Dylan Keil, Co-Founder & CEO of Bearing](https://ship.energy/podcasts/dylan-keil-co-founder-ceo-bearing/): This week’s ship.energy podcast guest is Dylan Keil Co-Founder and CEO of Bearing, a company which uses its proprietary technology to leverage large amounts of real-world data to generate highly accurate ship performance models. In conversation with ship.energy contributing editor Mark Williams, Keil runs through the evolution of Bearing. He explains how AI can help
- [Valentina Keys, Senior Associate at Watson Farley & Williams](https://ship.energy/podcasts/valentina-keys-senior-associate-watson-farley-and-williams-2/): Making a return visit to the ship.energy podcast, this week’s guest is Valentina Keys, Senior Associate in the Environment, Health & Safety Team at law firm Watson Farley & Williams. In conversation with Mark Williams, Valentina assesses the impact of the Carbon Intensity Index (CII), which came into play in January this year. She also looks
- [Prof. Simon Baughen, Professor of Shipping Law, University of Swansea](https://ship.energy/podcasts/professor-simon-baughen-professor-of-shipping-law-university-of-swansea/): This week’s ship.energy podcast features Professor Simon Baughen, Professor of Shipping Law at the University of Swansea.In conversation with Mark Williams, Professor Baughen considers the impact of the EU’s ‘Fit for 55’ basket of measures on the shipping sector, including the possibility that shipbuilding contracts may require revision. He looks at the ongoing discussion about
- [Gina Panayiotou, ESG Manager, West P&I](https://ship.energy/podcasts/gina-panayiotou-esg-manager-west-pi/): This week, ship.energy contributing editor Mark Williams is in conversation with Gina Panayiotou, an ESG strategist with a background in maritime law and an MBA focused on change management and ethical leadership. They discuss where decarbonisation sits within an overall ESG strategy as well as the role of P&I clubs in supporting this agenda.
- [Steve Bee, Group Commercial & Business Development Director, VPS](https://ship.energy/podcasts/steve-bee-group-commercial-business-development-director-vps/): In this week’s ship.energy podcast, Steve Bee, Group Commercial & Business Development Director for fuel quality testing specialist VPS, discusses the company’s approaches to digitalisation and decarbonisation, including its Core software which enables vessel owners to plan for fleet-wide emissions-reducing initiatives. Steve also talks about marine biofuels and the absence – as yet – of
- [Madadh MacLaine, Zero Emissions Maritime Technology](https://ship.energy/podcasts/madadh-maclaine-founder-and-ceo-zero-emissions-maritime-technology-ltd-zem-tech/): This week’s ship.energy podcast guest is Madadh MacLaine, the Founder and CEO of Zero Emissions Maritime Technology Ltd (ZEM-Tech) and Secretary-General of the Zero Emissions Ship Technology Association (ZESTAs), which was recently granted consultative status at the International Maritime Organization (IMO). The IMO recognises that 15% of GHG emissions from international shipping result from vessels
- [Martin Crawford-Brunt, CEO of Lookout Maritime](https://ship.energy/podcasts/martin-crawford-brunt-ceo-lookout-maritime/): Martin Crawford-Brunt, CEO of Lookout Maritime, returns to the ship.energy podcast to discuss his work with the Baltic Exchange and ship owners on implementing the Carbon Intensity Indicator and shipping’s entry to the EU’s emission trading scheme. Martin and Mark Williams discuss ‘the good, the bad and the ugly’ elements of the CII and how
- [Alberto Llopis Pascual, Lead Aerodynamics Engineer at bound4blue](https://ship.energy/podcasts/alberto-llopis-pascual-lead-aerodynamics-engineer-bound4blue/): On this week’s ship.energy podcast, Alberto Llopis Pascual of bound4blue talks to Mark Williams about the company’s rigid sail technology and its energy/emissions saving benefits – as well as the all-important ROI. He also considers the take-up of wind technology so far and outlines his hopes for its future.
- [Elissama Menezes & Dr Melissa Lem, Say No to LNG](https://ship.energy/podcasts/elissama-menezes-and-dr-melissa-lem-of-the-say-no-to-lng-campaign/): Our first podcast guests in March are Elissama Menezes, a climate and shipping consultant and the Global Director of the Say No to LNG campaign, and Dr Melissa Lem, a Vancouver-based physician who is President of the Canadian Association of Physicians for the Environment.
- [Steven Jones, Seafarers Happiness Index](https://ship.energy/podcasts/steven-jones-ma-msc-bsc-hons-afni-frsa-shipping-advisor-and-author/): This week, Steven Jones, Founder of the Seafarers Happiness Index, talks to Mark Williams about the training requirements for new low and zero carbon fuels. As seafarers recover from the difficulties of the pandemic, deal with the threat to their roles from autonomy, and cope with geopolitical uncertainty and conflict, how are they responding to
- [Ben Murray, CEO of Maritime UK](https://ship.energy/podcasts/ben-murray-ceo-of-maritime-uk/): This week, Ben Murray, CEO of Maritime UK, talks to Mark Williams about the organisation’s engagement with environmental issues – one of its five priorities, its cooperation with overseas industry associations, and the ways in which it can leverage industry concerns into government policy discussions.Maritime UK is the umbrella body for the maritime sector, bringing
- [Siri Khalsa, Founder and CEO of Stance Advocacy Services](https://ship.energy/podcasts/siri-khalsa-founder-and-ceo-of-stance-advocacy-services/): In this week’s ship.energy podcast, Siri Khalsa, Founder and CEO of Stance Advocacy Services and a member of the board of directors of the Monaco Hydrogen Alliance, discusses the ambitions of the not-for-profit Association and explains how its members are working to promote the use of green hydrogen in land, air, and maritime transportation, including
- [Vicky Boiten Lee & Jason Miles, Quadrise Fuels International](https://ship.energy/podcasts/vicky-boiten-lee-consultant-and-jason-miles-ceo-quadrise-fuels-international-plc/): In this week’s ship.energy podcast, Mark Williams catches up again with Jason Miles, CEO of Quadrise Fuels International, along with energy and mobility consultant Vick Boiten Lee, who provided input on Quadrise’s 2022 Sustainability Report. In this conversation, Jason and Vicky discuss the methodology behind the report and they explain how and why they have
- [Philip Goedkoop, CEO, Oilchart International](https://ship.energy/podcasts/smallphilip-goedkoop-ceo-oilchart-small/): The first ship.energy podcast guest of 2023 is Philip Goedkoop, CEO of Oilchart International, an Amsterdam-Rotterdam-Antwerp (ARA) marine fuels company. He joined Oilchart in May 2022 as CEO with a specific focus on the development of biofuel as a bunker fuel. In this conversation with Mark Williams, Philip looks at the sourcing, blending, storage and
- [Jacob Armstrong, Sustainable Shipping Officer at Transport & Environment](https://ship.energy/podcasts/jacob-armstrong-sustainable-shipping-officer-transport-environment/): This week’s ship.energy podcast – and the last of 2022 – features Jacob Armstrong, a sustainable shipping officer at Brussels-based NGO Transport & Environment (T&E). As Europe’s ‘Fit for 55’ package of measures moves ever closer to final adoption, in this timely discussion Jacob offers his perspectives on shipping’s inclusion in the EU’s Emissions Trading
- [Dipak Mistry, Director of Commercial Partnerships at Ceres](https://ship.energy/podcasts/dipak-mistry-director-of-commercial-partnerships-ceres/): In this week’s podcast, Dipak Mistry, Director of Commercial Partnerships at Ceres, explains the contribution that solid oxide fuel cells can make to shipping in terms of efficiency gains and emissions reduction.
- [Sandi Ennor, CEO of Transparensea Fuels](https://ship.energy/podcasts/sandi-ennor-ceo-of-transparensea-fuels-president-of-connecticut-maritime-association/): On this week’s ship.energy podcast, Mark Williams talks to Sandi Ennor, President and CEO of Transparensea Fuels, LLC. The conversation covers upcoming CII and EEXI regulations, demand for new shipping fuels, the energy landscape and climate policies in the US and, in the light of Sandi’s choice of name for her company, the rate of
- [Andy Erlam, Executive Chairman of Carbon Neutral Petrol Ltd](https://ship.energy/podcasts/andy-erlam-executive-chairman-of-carbon-neutral-petrol-ltd/): This week’s ship.energy podcast features Andy Erlam, Executive Chairman of Carbon Neutral Petrol Ltd, a UK-based start-up which markets its own patented synthetic fuel production process. In the podcast, Andy discusses CNPL’s activities, the rationale behind synthetic fuels and which they think has the best chance of success, and how fuel producers can deal with
- [Elisabeth Munck af Rosenschöld, IKEA Group](https://ship.energy/podcasts/elisabeth-munck-af-rosenschold-ikea-group/): This week’s ship.energy podcast guest is Elisabeth Munck af Rosenschöld who takes the lead on sustainability in IKEA’s Supply Chain Operations, based in Switzerland. She discusses the work IKEA has done to calculate and reduce its carbon footprint across its supply chain, as well as the role of a charterer and the importance of maritime
- [Jason Miles, CEO, Quadrise Fuels International](https://ship.energy/podcasts/jason-miles-ceo-quadrise-fuels-international/): On this week’s podcast, Jason Miles, CEO of Quadrise Fuels International, discusses the development of Quadrise’s MSAR emulsion fuels and outlines the benefits of their use compared to ‘traditional’ heavy fuel oil and gasoil. He also explains how the MSAR offering can contribute to IMO 2030 emission reduction targets.
- [Erno Tenhunen, Marine Director of Danfoss Editron](https://ship.energy/podcasts/erno-tenhunen-marine-director-danfoss-editron/): In this week’s podcast, Erno Tenhunen, Managing Director of Danfoss Editron, discusses the role of electrification in shipping’s energy transition. He explains the company’s work on the Horizon 2020 E ferry project to electrify a ferry operating on the regional route between Søby and Fynshav in Denmark and considers the importance of industry collaboration in
- [Anthony Mollet, CEO, Marine Fuels Alliance](https://ship.energy/podcasts/anthony-mollet-ceo-marine-fuels-alliance/): This week’s podcast guest is Anthony Mollet, who became the first Executive Officer of the newly formed Marine Fuels Alliance (MFA) in October 2021.
- [Valentina Keys, Watson Farley & Williams](https://ship.energy/podcasts/valentina-keys-senior-associate-watson-farley-and-williams/): In this edition of the podcast, Mark Williams talks to Valentina Keys, Senior Associate at Watson Farley and Williams about the latest developments in the European Union's work to bring shipping into its Emission Trading Scheme. Their conversation covers the new start date and wider scope agreed in Strasbourg as well as the impact on
- [Arsenio Dominguez, Secretary-General, IMO](https://ship.energy/podcasts/arsenio-dominguez-secretary-general-international-maritime-organization-imo-2/): As the dust begins to settle on the landmark approval of the first global greenhouse gas (GHG) pricing mechanism for international shipping, the IMO Secretary-General considers the road ahead, and urges the industry to not delay action on decarbonisation.
- [Erik Hjortland, Vice President, Technology, Odfjell](https://ship.energy/podcasts/erik-hjortland-vice-president-technology-odfjell/): In this sixth episode of the First Movers series, Odfjell’s Erik Hjortland discusses the results and lessons learned from the installation of more than 140 energy efficiency technologies across the company’s fleet of 71 chemical tankers.
- [Haris Zografakis, Co-ordinator, Blue Visby Consortium](https://ship.energy/podcasts/haris-zografakis-co-ordinator-blue-visby-consortium/): In this episode, we find out more about the results of the first commercial deployment of Blue Visby, which aims to end the practice of ‘sail fast then wait’ and thereby reduce shipping’s greenhouse gas (GHG) emissions.
- [Henrik Røjel, Head of Decarbonisation & Climate Solutions, Norden](https://ship.energy/podcasts/henrik-rojel-head-of-decarbonisation-climate-solutions-norden/): In this fifth episode of the First Movers series, Ariane Morrissey is joined by Henrik Røjel, Head of Decarbonisation and Climate Solutions at Norden, to discuss how their business and operations were transformed since the company became one of the first to trial 100% biofuels on a large ocean-going vessel in 2018.
- [Rasmus Nielsen, Naval Architect / Officer, Scandlines](https://ship.energy/podcasts/rasmus-nielsen-naval-architect-officer-scandlines/): In this first episode of First Movers, Ariane Morrissey is joined by Rasmus Nielsen, Naval Architect and Officer at Scandlines, a ferry company that was among the first to install wind propulsion systems on its vessels.
- [Ingrid Irigoyen and Dr Charlie McKinlay](https://ship.energy/podcasts/ingrid-irigoyen-ceo-zemba-and-dr-charlie-mckinlay-lrs-maritime-decarbonisation-hub/): The new edition of the ship.energy podcast features Ingrid Irigoyen, Senior Director, Ocean and Climate at the Washington-headquartered Aspen Institute’s Energy and Environment Program, who is also President and CEO of the Zero Emission Maritime Buyers Alliance (ZEMBA), and Dr Charlie McKinlay, who is the Fuels and Technologies Lead at LR’s Maritime Decarbonisation Hub. In
- [Chris Kruger, Founder, AYK Energy](https://ship.energy/podcasts/chris-kruger-founder-ayk-energy/): AYK Energy’s Chris Kruger is known as one of the founders of marine battery technology, having worked first in the electric car industry before moving to marine. He developed the battery for the first hybrid propulsion ferry, Princess Benedikte, and the first fully electric ferry, Ampere, in 2012.
- [Femke Brenninkmeijer, CEO of NPRC](https://ship.energy/podcasts/femke-brenninkmeijer-ceo-of-nprc/): In this fourth episode of the First Movers series, Ariane Morrissey is joined by Femke Brenninkmeijer, CEO of NPRC, a Dutch cooperative of barge owners. The company pioneered Antonie, the world’s first newbuild inland vessel that can use hydrogen as a fuel.
- [Risto-Juhani Kariranta, Chief Executive Officer, Ahti Pool](https://ship.energy/podcasts/risto-juhani-kariranta-chief-executive-officer-ahti-pool/): Could compliance with FuelEU Maritime be as simple for shipowners as it is for consumers signing an electricity supply contract? This is what Risto-Juhani Kariranta, CEO of Ahti Pool, argues. In this week's episode, he unpacks the practical challenges and opportunities of compliance pooling under the FuelEU Maritime regulation, which entered into force on 1
- [Steve Price, Programme Director, MAMII, SafetyTech Accelerator](https://ship.energy/podcasts/steve-price-programme-director-mamii-safetytech-accelerator/): This week’s ship.energy podcast explores the issue of methane slip across the maritime fuel supply chain, particularly on LNG dual-fuelled vessels. While much attention is given to reducing carbon dioxide emissions, methane is a far more potent greenhouse gas - 28 times more harmful than CO₂ over 100 years, and 87 times more over 20
- [Rob Mortimer, Founder and CEO of Fuelre4m](https://ship.energy/podcasts/rob-mortimer-founder-and-ceo-of-fuelre4m/): The first guest on the ship.energy podcast in October is Rob Mortimer, Founder and CEO of Dubai-based Fuelre4m. Rob has taken on the challenge of transforming how industries think about fossil fuels, with a focus on modernising outdated practices through innovation, digitalisation, and cutting-edge technology. In conversation with ship.energy’s Lesley Bankes-Hughes, Rob explains how Re4mx
## Product Authors
- [Robin Meech](https://ship.energy/product-authors/robin-meech/): Robin Meech is Managing Director of Marine and Energy Consulting, an independent consultancy established in 2001 focusing on the marine industry with an emphasis on the transport of energy. He has a particular interest in the bunker sector. He advises companies on environmental issues, forming alliances, purchasing strategies, organisation, new business ventures, credit insurance, logistics,
- [Chris Fisher](https://ship.energy/product-authors/chris-fisher/): Stephen Hodge, a chemist, and they wrote Fisher & Hodge on Bunkers. This was the first technical book devoted to the subject. In 1987, Chris joined Det Norske Veritas Petroleum Services (DNVPS), which had pioneered routine marine fuel quality testing and at that time tested some 20,000 samples a year. In 1990, Chris moved with
- [Adam Dupré](https://ship.energy/product-authors/adam-dupre/): Adam Dupré was involved in company research, analysis, and investigation within the maritime sector for over 25 years and was regarded as one of the most experienced company analysts in the maritime and commodity trading markets. He co-founded Ocean Intelligence, the first international marine credit reporting company to have a full trading presence in Asia,
- [Trevor Harrison](https://ship.energy/product-authors/trevor-harrison/): Trevor Harrison practises as a maritime arbitrator, mediator and consultant, with particular expertise in bunkering. He was called to the Bar over 30 years ago and was previously Head of Legal at bunker fuel supplier Tramp Oil & Marine. Earlier career experience included practice at the English Bar, working for a P&I club and a
- [Mike Wall](https://ship.energy/product-authors/mike-wall/): Managing Director, Mike Wall and Associates Ltd. Mike Wall is a vastly experienced marine surveyor and lecturer in maritime studies. He has gained 25 years experience in hull, machinery, cargo and pleasure craft surveying in the United States of America, New Zealand, Fiji and South East Asia. Mike has authored seven training modules for diplomas
- [Jean Chiazor](https://ship.energy/product-authors/jean-chiazor/): Principal PartnerJean Chiazor & Partners, (Ofianyi Chambers), Lagos, Nigeria Jean Chiazor Anishere has enjoyed a long and productive career in the legal profession in Nigeria and played a major role in the country’s government and non-governmental maritime organisations, including the Nigerian Chamber of Shipping. She was called to the Nigerian Bar in 1986 and four
- [Kim Skov-Nielsen](https://ship.energy/product-authors/kim-skov-nielsen/): Read more about Kim Skov-Nielsen's fascinating life and marine experiences here Kim Skov-Nielsen has worked full-time in the marine industry since 1979, primarily as a yacht skipper and ocean racer. He has sailed over 150,000 blue water miles worldwide, amassing a wide range of valuable experience including building boats, sailing them around the world, being
- [Bruce Duncan](https://ship.energy/product-authors/bruce-duncan/): Bruce Duncan was born in South India in 1940. He was educated at the Presentation Convent, Kodaikanal, India, and subsequently at Douai School and RMA Sandhurst. Commissioned into 3RTR in July 1961, he joined the Regiment in Germany just days before the erection of the Berlin Wall. A year later, 3RTR was posted back to
- [Nigel Draffin](https://ship.energy/product-authors/nigel-draffin/): Technical Consultant, Lecturer and Author Nigel Draffin has been involved in shipping for over 50 years and in bunkering for over 25 years. He joined Shell Tankers in 1966, serving on all classes of vessel, including VLCCs and LNG tankers. In 1979, he joined the newbuilding department of Shell International Marine and later transferred to
## Products
- [Aracon 2026](https://ship.energy/product/aracon-2026/): Early Bird ends 31 August
- [ship.energy Survey 2026](https://ship.energy/product/ship-energy-survey-2026/): Explore the 2024 Bunkerspot Survey for insights on IMO GHG strategies, alternative fuels like methanol and ammonia, maritime sustainability, and industry regulations
- [The Loan Soldier](https://ship.energy/product/the-loan-soldier/): Explore Bruce Duncan’s British Army memoir of overseas service, adventure and family life, including his account of the Iraqi invasion of Kuwait.
- [An Introduction to Bunkering](https://ship.energy/product/an-introduction-to-bunkering/): Learn about bunkering and the global bunker industry, covering marine fuel regulations, legislation, terminology, standards and guidance for professionals.
- [An Introduction to Marine Lubricants](https://ship.energy/product/an-introduction-to-marine-lubricants/): Explore marine lubricants and greases, covering properties, uses, storage and treatment, with guidance on lubrication, deterioration and contamination.
- [Bunkers](https://ship.energy/product/bunkers/): Explore commercial risk management for the bunkers, covering price risk, hedging, credit, currency, insurance, derivatives and effective risk strategies.
- [An Introduction to Bunker Operations](https://ship.energy/product/an-introduction-to-bunker-operations/): Explore bunker operations, fuel handling and bunkering procedures with this practical guide covering marine fuels, safety, regulations and pollution control.
- [Bunker Fuel For Marine Engines](https://ship.energy/product/bunker-fuel-for-marine-engines/): Explore Bunker Fuel for Marine Engines, a technical guide covering marine fuel quality, storage, handling, combustion and engine performance.
- [ship.energy August 2026](https://ship.energy/product/ship-energy-august-2026/): Inside: INSIDE: Decarbonising Africa Methanol Bunkering Fuel Energy Content Features: Decarbonisation in Africa Dr Dola Oluteye of the UCL Energy Institute and The PATNA Initiative says fuels for the 2050 fleet will start as renewable electricity and be produced and bunkered near their source The IMO Net-Zero Framework and Fund Goran Dominioni of Dublin City
- [ship.energy June 2026](https://ship.energy/product/ship-energy-june-2026/): Inside: INSIDE: ship.energy summit Methane Pathways Condition Monitoring Features: ship.energy summit How to maintain momentum on decarbonisation in uncertain and unpredictable times was a central theme of this year’s ship.energy summit. Lesley Bankes-Hughes reports back on how the maritime industry is squaring up to multiple commercial, operational and regulatory headwinds FuelEU Maritime Nordic energy company
- [ship.energy April 2026](https://ship.energy/product/ship-energy-april-2026/): Inside: Nordic-Baltic Maritime Forum Force Majeure Contract Terms Marine Fuels for 2050 FeaturesNordic-Baltic Maritime ForumAs Lesley Bankes-Hughes reports, the first Nordic-Baltic Maritime Forum in Helsinki looked at how ambitions and timelines for decarbonisation are being impacted by regulation and national strategies – as well as some wild cards Legal IssuesIn the light of the current
- [Local Stakeholder Pass](https://ship.energy/product/basf26-local-stakeholder-pass/): Local stakeholders from the Canary Islands are invited to attend at a special discounted rate. Las partes interesadas locales de las Islas Canarias están invitadas a asistir con una tarifa especial con descuento.
- [Student Pass](https://ship.energy/product/student-pass/): Available exclusively to currently enrolled students. Valid student identification or proof of enrolment may be requested during registration or on arrival. Disponible exclusivamente para estudiantes actualmente matriculados. Se podrá solicitar una identificación de estudiante válida o un comprobante de matrícula durante el registro o a la llegada.
- [ship.energy February 2026](https://ship.energy/product/ship-energy-feb26/): Inside: ship.energy survey 2026 Alternative Fuel Spills China and Asia Pacific Biofuels Features: The ship.energy survey 2026 Introduction and contributors The postponement of the Net-Zero Framework and the role of the European Union Alternative fuels and energy sources for the marine sector Quality, availability and pricing trends for conventional and bioblend fuels Making the industry
- [Bunkering & Sustainability Forum](https://ship.energy/product/basf26-forum/): Delegate Pass
- [Bunkerspot Dec 25/Jan 26](https://ship.energy/product/bunkerspot-dec-25-jan-26/): Northern Lights: Norway Shows The Way Inside: GREEN SHIPPING STRATEGIES ENERGY EFFICIENCY MARINE LUBRICANTS BIOFUELSTRAINING FOR NEW FUELS Decarbonisation Ariane Morrissey investigates what the shipping industry can learn from the experience of Norwegian shipowners, which seem to have a head start on the energy transition Transparensea Fuels’ Margaret Kaigh Doyle reminds us that,
- [Shipowner Pass](https://ship.energy/product/basf26-shipowner-pass/): Discounted Shipowner Rate - £245 (€280)
- [Bunkerspot Oct/Nov 25](https://ship.energy/product/bunkerspot-oct-nov-25/): Shipping at an Intersection Inside: EMISSIONS TRADING CIRCULAR FUELS ONSHORE POWER SUPPLY TRAINING FOR NEW FUELS Financing the Transition Dana Rodriguez of Lloyd’s Register Maritime Decarbonisation Hub and Guillaume Morauw of Environmental Defense Fund argue that shipping’s energy transition will run aground unless we close the trillion dollar-plus finance gap. Onshore Power Supply
- [Liquid Cargo Business & Vessel Chartering](https://ship.energy/product/liquid-cargo-mwaf26/): Course Delegate Pass
- [Metcore Workshop](https://ship.energy/product/metcore-workshop/)
- [Bunkerspot Survey 2020](https://ship.energy/product/bunkerspot-survey-2020/): 2020 Vision The 2020 Bunkerspot survey captures the key challenges and opportunities faced by the bunker industry, with a particular focus on the implementation of IMO 2020 and its wider implications. IMO 2020 Implementation: The transition to the 0.5% global sulphur cap has been a dominant issue. While respondents generally agreed that the IMO and Discover the 2020 Bunkerspot Survey: Insights on IMO 2020 compliance, sustainable shipping, alternative #fuels, and the impact of global trade tensions.
- [Bunkerspot Survey 2021](https://ship.energy/product/bunkerspot-survey-2021/): 20/21 vision The 2021 Bunkerspot Survey reflects on the key trends and challenges facing the bunkering and shipping industries, heavily influenced by the COVID-19 pandemic. Key points include: COVID-19 Impact: The pandemic disrupted global trade, shipping activity, and bunkering demand. Recovery is expected to be uneven, with advanced economies recovering faster than less-developed regions due Discover insights from the 2021 Bunkerspot Survey on COVID-19's effects on shipping, IMO 2020 success, decarbonisation trends, digitalisation, and future fuels like LNG and hydrogen
- [Bunkerspot Survey 2022](https://ship.energy/product/bunkerspot-survey-2022/): Answering the call The 2022 Bunkerspot Survey highlights the challenges and progress in the bunkering and maritime industries, focusing on key topics like decarbonisation, alternative fuels, and regulatory developments. Key points include: COVID-19 and Climate Challenges: The pandemic and climate change remained dominant themes, with industry recovery being uneven and urgent action needed to combat Explore the 2022 Bunkerspot Survey for insights on maritime decarbonisation, alternative fuels like methanol and ammonia, regulatory challenges, and sustainability efforts
- [Bunkerspot Survey 2023](https://ship.energy/product/bunkerspot-survey-2023/): A matter of opinion The 2023 Bunkerspot Survey examines critical events and trends shaping the global bunkering and maritime sectors, including geopolitical developments, environmental pressures, and the energy transition. Key points include: Impact of the Ukraine Conflict: The war in Ukraine heavily influenced global energy markets, driving up fuel prices and creating supply chain disruptions. Discover the 2023 Bunkerspot Survey insights on the Ukraine war’s impact on energy, decarbonisation, Green Shipping Corridors, and emerging alternative marine fuels
- [Bunkerspot Survey 2024](https://ship.energy/product/bunkerspot-survey-2024/): Explore the 2024 Bunkerspot Survey for insights on IMO GHG strategies, alternative fuels like methanol and ammonia, maritime sustainability, and industry regulations
- [Bunkerspot Survey 2025](https://ship.energy/product/bunkerspot-survey-2025/): Explore the 2024 Bunkerspot Survey for insights on IMO GHG strategies, alternative fuels like methanol and ammonia, maritime sustainability, and industry regulations
- [Aracon 2025](https://ship.energy/product/aracon-2025/): Delegate Pass
- [Bunkerspot Aug/Sept 25](https://ship.energy/product/bunkerspot-aug-sept-25/): Building the Future London International Shipping Week Focusing on Innovation Inside: NUCLEAR TECHNOLOGY ENERGY TRANSITION MARITIME TRAINING MARKET FOCUS: ITALY Market Focus: Italy Ian Taylor gives an update on the Italian bunker market Nuclear Technology CORE POWER’s Unni Einemo believes nuclear technology for maritime has gone mainstream Maritime Training Ariane Morrissey meets UK
- [Bunkerspot Apr/May 25](https://ship.energy/product/bunkerspot-apr-may25/): THE COST OF COMPLIANCE How do the new fuels add up? Inside: Vessel pooling Carbon capture Port strategies Electric propulsion Port Strategies Alfredo Giron Nava tells Ian Taylor how the World Economic Forum and Lloyd’s Register Foundation will be looking to engage with the maritime community on their project for ‘nature and people positive
- [Bunkerspot Jun/Jul 25](https://ship.energy/product/bunkerspot-jun-jul-25/): FORCE OF ENERGY Oman's bold decarbonisation agenda INSIDE: Wind propulsion Bunker credit Fuel price protection Engine condition monitoring Country Spotlight: Oman The first Oman Maritime, Ports and Energy Convention offered a unique opportunity to discuss the country’s ambitions to become a global leader in renewable energy and a frontrunner in the evolving shipping and
- [Bunkerspot Feb/March 25](https://ship.energy/product/bunkerspot-feb-march-25/): 2025 Inside: ship.energy survey 2025 MEDSECA GHG pricing Wind propulsion The Middle East Bunkering Convention Lesley Bankes-Hughes reports on the Middle East Bunkering Convention. Wind Propulsion Ariane Morrissey visited Neoline’s sailing Ro-Ro just before it hit the water, to discuss the challenges and opportunities of using wind as main propulsion. The ship.energy Survey 2025 Introduction
- [Bunkerspot Feb/Mar 23](https://ship.energy/product/bunkerspot-volume-20-issue-1/): BUNKERSPOT SURVEY 2023 A WORLD OF CHANGE? INSIDE: MIDDLE EAST BUNKERING RISK MANAGEMENT FUEL SMUGGLING MARKET FOCUS: PERU MEBC 2023 The eighth edition of the Middle East Bunkering Convention in Dubai offered an excellent forum for industry discussion but, as Lesley Bankes-Hughes reports, the unremitting conflict in Ukraine, a bleak global economic outlook, high
- [Bunkerspot Apr/May 23](https://ship.energy/product/bunkerspot-volume-20-issue-2/): Green shipping corridors Opening the door to zero-emission fuels and technologies INSIDE: SCRUBBERS BUNKER CLAIMS BIOFUELS EU REGUALTIONS Bio-LNG Steve Esau of SEA-LNG considers the implications of the FuelEU Maritime regulation for bio-LNG and the LNG pathway to decarbonisation more broadly Biofuels The Global Centre for Maritime Decarbonisation is leading a number of biofuels
- [Bunkerspot Jun/Jul 23](https://ship.energy/product/bunkerspot-volume-20-issue-3/): Maritime powerhouse Building the ships of the future INSIDE: SHIP FINANCE AMMONIA BUNKERING MARINE LUBRICANTS WORKFORCE SUSTAINABILITY Learning the ropes Shipping is set to be included in the EU’s Emissions Trading System from 2024. As Lesley Bankes-Hughes reports, carbon emissions trading experts who spoke at the recent ship.energy summit in Madrid were in no
- [Bunkerspot Aug/Sept 23](https://ship.energy/product/bunkerspot-volume-20-issue-4/): Breakthrough at IMO? MEPC adopts revised GHG strategy INSIDE: BIOFUELS CARBON INSETTING MARINE SALVAGE VESSEL AUTOMATION Interview: Alexandra Ebbinghaus Shipping’s pathway to net zero is complex and is pushing the boundaries of innovation. In conversation with Lesley Bankes-Hughes, Shell’s Alexandra Ebbinghaus considers if the industry is keeping on track for change Biofuels Cepsa is
- [Bunkerspot Oct/Nov 23](https://ship.energy/product/bunkerspot-volume-20-issue-5/): London international Shipping Week Eying up shipping's future mix INSIDE: GREEN SHIPPING CORRIDORS ALTERNATIVE FUELS MASS FLOW METERS CARBON CAPTURE LISW23 Lesley Bankes-Hughes looks back at some of the key talking points at London International Shipping Week Oil Markets Mark Esposito of S&P Global Commodity Insights reports that Indian, Turkish, and Vietnamese vessel operators
- [Bunkerspot Dec 23/Jan 24](https://ship.energy/product/bunkerspot-volume-20-issue-6/): Biofuels breakthrough? Traction in the marine market INSIDE: AMMONIA BUNKERING METHANE EMISSIONS BUNKER BROKING TRAINING IBIA Convention Timothy Cosulich, Chairman of the International Bunker Industry Association (IBIA) and CEO and Board Member of the Fratelli Cosulich Group, spoke with Llewellyn Bankes-Hughes, Petrospot’s CEO and Founder, at the IBIA Annual Convention in Dubai in November Sustainability
- [Bunkerspot Feb/Mar 24](https://ship.energy/product/bunkerspot-volume-21-issue-1/): ship.energy Survey 2024 INSIDE: SHIP.ENERGY SURVEY 2024 EBDNs ELECTROFUELS Middle East Bunkering Convention Lesley Bankes-Hughes reports from the Middle East Bunkering Convention The ship.energy survey 2024 Introducing the key themes of this year’s survey and our contributors The impact of MEPC 80 and COP28 on maritime decarbonisation Shipping’s pathway to using alternative fuels Energy
- [Bunkerspot Apr/May 24](https://ship.energy/product/bunkerspot-volume-21-issue-2/): Methanol Momentum Why X-Press Feeders is an early adopter INSIDE: EPA CLEAN PORT PROGRAM CARBON INSETTING SAFETY MANAGEMENT E-FUELS Methanol As orders for methanol-fuelled shipping scale up, Sergio Spinosa tells Lesley Bankes-Hughes why X-Press Feeders has chosen to be an early adopter of this new marine fuel Jan-Olaf Probst of DNV looks at the costs
- [Bunkerspot Jun/Jul 24](https://ship.energy/product/bunkerspot-volume-21-issue-3/): Double decarb challenge Total Energies bringing maritime and aviation together INSIDE: BANKING ON GREEN FUELS PORT STRATEGIES ONBOARD CARBON CAPTURE GREECE MARKET FOCUS Interview: Louise Tricoire of TotalEnergies TotalEnergies’ Louise Tricoire explains how the similarities between shipping and aviation’s decarb challenges are behind the reasoning for the company’s new aviation and marine fuels division
- [Bunkerspot Aug/Sept 24](https://ship.energy/product/bunkerspot-volume-21-issue-4/): Bursting with energy Shipping's new fuels and technologies INSIDE: MULTI-FUEL BUNKERING NUCLEAR POWER SUSTAINABLE FINANCE MARKET FOCUS: POLAND Market Focus: Poland Ian Taylor gives an update on the Polish bunker market EU Shipping Regulations Mark Watts of LP Brussels considers whether the recent round of European elections could affect the decarbonisation of shipping Nuclear Power
- [Bunkerspot Oct/Nov 24](https://ship.energy/product/bunkerspot-volume-21-issue-5/): A clear pathway for shipping? Navigating the regulatory maze INSIDE: OW BUNKER – TEN YEARS AFTER DEMAND FOR NEW FUELS CARBON CAPTURE DIGITAL LEARNING OW Bunker - 10 years on In the run-up to the 10th anniversary of the collapse of OW Bunker, Lesley Bankes-Hughes asks bunker stakeholders to assess the long-term impact on
- [Bunkerspot Dec 24/Jan 25](https://ship.energy/product/bunkerspot-volume-21-issue-6/): Early Learning Lessons from first movers Inside: BIOFUELS MARINE LUBRICANTS SHORE POWER EMISSIONS PRICING Oil Markets Mark Esposito of S&P Global Commodity Insights examines how the weaponisation of global shipping chokepoints has affected crude oil and product flows. Transition Strategies Three companies that pioneered the use of wind propulsion, ammonia and fully-electric power on
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- [Bunkerspot Feb/Mar 2022](https://ship.energy/product/bunkerspot-feb-mar-2022/): More questions than answers Surveying the key bunker trends The Bunkerspot Survey 2022 2021 was another challenging year for the shipping and bunkering industries – and everyone else – with the battle to contain the coronavirus and also respond to the call for decarbonisation. So once again we invited industry players and associations, NGOs, commentators
- [Bunkerspot Feb/Mar 20](https://ship.energy/product/bunkerspot-feb-mar-20/): First impressions Meeting IMO 2020's challenges Bunkerspot New Year Survey The first of January 2020 marked a new year, a new decade and a new era for the global bunker industry as the 0.50% global sulphur cap came into force. Unsurprisingly, IMO 2020 dominated the Bunkerspot New Year, New Outlook Survey but –
- [Bunkerspot October / November 2015](https://ship.energy/product/bunkerspot-october-november-2015/): INTERVIEW: KELD DEMANT Bunker Holding CEO Keld Demant talks about his future plans for the group and the changing landscape for the global bunker industry. INTERVIEW: ADRIAN TOLSON Adrian Tolson suggests a further shift in the industry’s business model may be on the way. FUEL HEDGING Against a backdrop of continued low oil prices, Michael
- [Bunkerspot December 2015 / January 2016](https://ship.energy/product/bunkerspot-december-2015-january-2016/): FINANCIAL ISSUES In the context of lower oil prices and rock bottom interest rates, futures markets are currently pricing hedges at a decade low. Chris Thorpe looks at the factors to be considered when contemplating a hedging strategy. CREDIT ISSUES With the floor collapsing under the dry bulk shipping and offshore oil and gas sectors,
- [Bunkerspot February / March 2016](https://ship.energy/product/bunkerspot-february-march-2016/): Commercial Issues The bankruptcy of OW Bunker has resulted in an ongoing and complicated legal tussle over competing claims for fuel payments. Lesley Bankes-Hughes talks to KPI Bridge Oil’s CEO, Carsten Ladekjær, about the key issue of mortgaged invoices in bunker transactions The contentious issue of competing claims for payment continues to be vigorously debated
- [Bunkerspot April / May 2016](https://ship.energy/product/bunkerspot-april-may-2016/): MEBC Report: Sanctions The lifting of certain US and EU sanctions against Iran continues to provide food for thought for the bunker industry and its legal advisers. Daniel Martin of Holman Fenwick Willan and Patrick Murphy of Clyde & Co. review a trading landscape that remains complex and challenging. What is permissible in doing business
- [Bunkerspot June / July 2016](https://ship.energy/product/bunkerspot-june-july-2016/): Interview: Jan Christensen Jan Christensen talks to Gabian Chew about the responsibilities of his newly-created role as Bomin Group’s Global Head of Bunker Operations Interview: George Kounalakis BMS United Bunkers MD, George Kounalakis, explains to Gabian Chew the reasons behind the decision to join forces with International Bunker Services OW Bunker Anders Amstrup Fournais of
- [Bunkerspot August / September 2016](https://ship.energy/product/bunkerspot-august-september-2016/): Mass Flow Meters Using data taken from bunker quantity surveys in Singapore, Michael Green of Intertek Shipcare looks at the demonstrable impact of mass flow meters on fuel deliveries Many players are curious about how the advent of MFM technology in Singapore will affect Malaysia’s bunkering industry. Gabian Chew takes a trip across the causeway
- [Bunkerspot October / November 2016](https://ship.energy/product/bunkerspot-october-november-2016/): Interview:Adrian Tolson A global recession, a shipping crisis, regulatory pressures – and the exit ofOW Bunker – have forced the bunker industry to engage in some searching and uncomfortable self-reection. Adrian Tolson takes the long view and assesses itsmistakes, aswell as its prospects for recovery Legal Issues – OW Bunker An expert panel at the
- [Bunkerspot December 2016 / January 2017](https://ship.energy/product/bunkerspot-december-2016-january-2017/): SULPHUR REGULATIONS Lesley Bankes-Hughes canvasses opinion on just how ‘disruptive’ the 2020 global sulphur cap will be for oil refiners. The IMO’s decision to introduce a 0.50% global sulphur cap has unleashed a plethora of questions, options and uncertainties for shipping. Robin Meech of Marine and Energy Consulting Limited cuts through the industry ‘noise’ and
- [Bunkerspot February / March 2017](https://ship.energy/product/bunkerspot-february-march-2017/): INTERVIEWS Players in the marine fuel supply chain are having to adapt in the light of ongoing global regulatory, economic and geopolitical changes. Cem Saral, CEO of Cockett Group, explains to Lesley Bankes-Hughes how the group is responding to this new – and challenging – world order. Jan Christensen, Bomin’s global head of operations, explains
- [Bunkerspot April / May 2017](https://ship.energy/product/bunkerspot-april-may-2017/): COUNTRY FOCUS: PANAMA Panama’s bunker market is expanding while many others are stagnant or shrinking. Is the newly-expanded Panama Canal solely responsible for this growth in business or are other factors at play? MARINE LUBRICANTS Caroline Huot, Global Head of Lubricants at Cockett Group, reviews recent changes in the marine lubes industry and explains to
- [Bunkerspot June / July 2017](https://ship.energy/product/bunkerspot-june-july-2017/): EXXONMOBIL/BUNKERSPOT 2020 DEBATE – NOR-SHIPPING The 2020 global sulphur cap and shipping’s multi-fuel future 2020 SULPHUR REGULATIONS How will shipowners choose to comply with the 2020 global sulphur mandate – and how will the refining sector respond? David St Amand of Navigistics Consulting and Martin Tallett of EnSys Energy broached these ‘uncertainties’ at Maritime Week
- [Bunkerspot August / September 2017](https://ship.energy/product/bunkerspot-august-september-2017/): BLUEPRINT FOR THE FUTURE SQUARING UP TO NEW COMMERCIAL REALITIES Interview: Keld Demant Bunker Holding CEO Keld Demant talks to Lesley Bankes-Hughes about the group’s strategy for growth in a bunker market that is still engaged in a process of consolidation and transitionBunker Holding CEO Keld Demant talks to Lesley Bankes-Hughes about the group’s strategy
- [Bunkerspot October / November 2017](https://ship.energy/product/bunkerspot-october-november-2017/): TALL ORDER SINGAPORE RAISES THE BAR FOR THE BUNKER INDUSTRY Regional Focus: Singapore Singapore is by far the highest volume bunker supply port in the world and is a hugely important regional refining and oil storage hub. Bunkerspot provides a snapshot of the current state of play in the Asian hub’s bunker market Mass Flow Meters
- [Bunkerspot December 2017 / January 2018](https://ship.energy/product/bunkerspot-december-2017-january-2018/): ONE DIRECTION WHO WINS IN CHINA’S NEW SILK ROAD STRATEGY? Commercial Issues Lesley Bankes-Hughes discusses how the port and maritime sectors are essential elements in China’s determined drive to realise its global and ambitious Belt and Road initiative Regional Profile: Gulf of Mexico New commercial opportunities in the Gulf of Mexico are being eagerly
- [Bunkerspot December 2018 / January 2019](https://ship.energy/product/bunkerspot-dec-18-jan-19/): WHAT LIES BENEATH? THE FUEL QUALITY CONUNDRUM Fuel Quality Focus – Special Report Lesley Bankes-Hughes talks to industry experts about current fuel testing procedures, the legal process in pursuing quality claims, and the steps that could be taken to improve traceability in the fuel supply chain. Legal Issues – Bunker Claims Steve Simms of
- [Bunkerspot October / November 2018](https://ship.energy/product/bunkerspot-october-november-2018/): STRUCTURAL INTEGRITY BUILDING TRANSPARENCY INTO THE SUPPLY CHAIN Shipping Overview – Dry Bulk & Tankers The fortunes of the dry bulk and tanker markets have polarised this year and, as Fotios Katsoulas of Affinity Research discusses, the looming threat of trade wars, growing protectionism and the effect of IMO 2020 will all inject further
- [Bunkerspot August / September 2018](https://ship.energy/product/bunkerspot-august-september-2018/): TURNING UP THE HEAT NO ESCAPE FROM THE 2020 CHALLENGE IMO 2020 Portugal’s Galp is rising to the challenge of 2020 – the development of a proprietary 0.50% sulphur fuel is well underway and the company has also committed to maintain production of HSFO to supply scrubber-equipped vessels. Olivier Jouny, Managing Director of Total
- [Bunkerspot April / May 2018](https://ship.energy/product/bunkerspot-april-may-2018/): PANAMA’S SUPERHIGHWAY DRIVING WORLD TRADE Market Overview: Panama The Panama Canal expansion project has opened up the waterway to 90% of the global LNG fleet, and the local bunker market is clearly reaping the benefits. Commercial Issues Much of the ‘noise’ in today’s bunker industry centres on the potential ramifications of the 2020 global
- [Bunkerspot June / July 2018](https://ship.energy/product/bunkerspot-june-july-2018/): DISRUPTIVE INNOVATION ADAPTING TO RADICAL CHANGE Credit Management As Nikolaos Deonas of Infospectrum discusses, in today’s business environment of paper thin margins and falling bunker volumes, the credit manager has a challenging, evolving – and pivotal – role. Shipping Finance Paul Taylor and Alexandre Amedjian of Societe Generale and Karianne Tieleman of ABN AMRO
- [Bunkerspot February / March 2018](https://ship.energy/product/bunkerspot-february-march-2018/): BALANCING ACT KEEPING AFLOAT IN A TOUGH BUNKER MARKET Company Profile: Bunker One With Bunker Holding’s global physical supply businesses now operating under a unified brand, Peter Zachariassen explains to Lesley Bankes-Hughes how the new Bunker One platform will provide a spring board to further build a physical presence world-wide. Commercial Issues By general
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- [Fujairah](https://ship.energy/product/fujairah/): About this book Marine fuel claims can be costly and time consuming. As the potential for fuel quality and availability issues comes to the fore in the run-up to the 2020 0.50% global sulphur cap, it is more important than ever to know how to respond to and manage a bunker claim. In this important
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- [Essays in Admiralty - Volume Three](https://ship.energy/product/essays-in-admiralty-volume-three/): Key Issues in Shipping from a Global Perspective Essays in Admiralty: Key Issues in Shipping from a Global Perspective is the third in a series of collected essays, speeches and articles written by the highly-respected and well-known Nigerian lawyer Jean Chiazor Anishere. Volume Three is a timely and welcome follow-up to Essays in Admiralty: An
- [Essays in Admiralty - Volume Two](https://ship.energy/product/essays-in-admiralty-volume-two/): Sustaining Maritime Development in West Africa Essays in Admiralty (Volume Two): Sustaining Maritime Development in West Africa is a welcome follow-up to the highly successful first volume, Essays in Admiralty: An Introduction to Legal Issues in Shipping from a West African Perspective. This volume is aimed at legal practitioners in the maritime sector, as well
- [Essays in Admiralty](https://ship.energy/product/essays-in-admiralty/): An Introduction to Legal Issues in Shipping from a West African Perspective Essays in Admiralty is a bold attempt to shine some light onto the many aspects of international shipping and maritime law that particularly affect Nigeria and West Africa. Based upon a collection of essays, speeches and articles written by one of Nigeria's foremost
- [Commercial Practice in Bunkering](https://ship.energy/product/commercial-practice-in-bunkering/): Commercial Practice in Bunkering is a valuable source of information and guidance on the process and methods of buying and selling bunker fuels. It assumes a little knowledge of ships, commerce and marine fuel and is intended as a ready reference for those who need to understand how the commercial side of the business really
- [Legal Issues in Bunkering](https://ship.energy/product/legal-issues-in-bunkering/): An Introduction to the Law Relating to the Sale and Use of Marine Fuels This comprehensive book provides a wealth of information on the key legal aspects of bunkering including contracts, defaults, ship arrest and dispute resolution; there is also a section dealing with international conventions and national legislation on environmental issues relevant to bunkering.
- [An Introduction to Bunker Credit Risk](https://ship.energy/product/an-introduction-to-bunker-credit-risk/): An Introduction to Bunker Credit Risk is an essential tool for all those responsible for making credit decisions and assessing counterparty risk when buying or selling marine fuels. Marine fuel is sold almost universally on open credit and the sums involved can be substantial. With no security and thin margins, payment delay or default can
- [An Introduction to Marine Fuel Analysis](https://ship.energy/product/an-introduction-to-marine-fuel-analysis/): Since the publication of the first edition of this book, much has changed in the marine fuel analysis sector. These changes, which have largely been driven by the introduction of more stringent atmospheric pollution regulations, include the development of new fuel grades, international standards and test methods, and there has also been a marked increase
- [An Introduction to Fuel Analysis](https://ship.energy/product/an-introduction-to-fuel-analysis/): An Introduction to Fuel Analysis provides a guide and reference for those who may not be specialists in marine fuels but who need to understand the terminology and the reporting used in fuel analysis as part of their work. No two fuels are exactly the same. Quality can change depending on the crude oil and
- [BUNKERS](https://ship.energy/product/bunkers-4th-edition-an-analysis-of-the-technical-and-environmental-issues/): An Analysis of the Technical and Environmental Issues This is a fully revised edition of the key reference work on bunkers, completely updated to reflect the latest technical, regulatory, and environmental changes in the marine fuel sector. This fourth edition of Bunkers provides updated and comprehensive information about the technical aspects of bunkering. This edition
- [Guía de Abastecimiento del Combustible Marino](https://ship.energy/product/an-intro-to-bunkering-guia-de-abastecimiento-del-combustible-marino/): An Intro To Bunkering …una solución profesional y rentable para el entrenamiento en el abastecimiento de combustibles marinos Este libro, Guía de abastecimiento del combustible marino, ofrece una referencia y guía para aquellos que, mientras no sean especialistas en los aspectos técnicos de combustibles marinos, necesitan comprender la terminología y los reportes que se usan
- [Report Writing for Marine Surveyors](https://ship.energy/product/report-writing-for-marine-surveyors/): Report Writing for Marine Surveyors is a valuable addition to the body of information available to marine surveyors. It is of particular value to new entrants to this global industry for whom writing detailed, accurate and concise survey reports is an essential job requirement. Every marine surveyor, whatever age or level of experience, will find
- [Running A Marine Survey Company](https://ship.energy/product/running-a-marine-survey-company/): Running a Marine Survey Company is essential reading for all marine surveyors who really want to know what it is like to start a business from scratch. For those who are already marine surveyors but who still wonder why the competition is doing better than they are, this book is also indispensable. For those who are
- [Rig Basics](https://ship.energy/product/rig-basics/): How to Look After Your Mast, Rigging and Sails Rig Basics – How to Look After Your Mast, Rigging and Sails, is Petrospot’s first foray into the sailing and yachting sector. Written by Kim Skov-Nielsen, a hugely experienced round-the-world yachtsman and active marine surveyor, this book provides a concise, informative and clearly-written outline of what
- [Shipping](https://ship.energy/product/shipping/): An Introduction to the Technical, Operational and Commercial Aspects Shipping: An Introduction to the Technical, Operational and Commercial Aspects is a comprehensive and well-planned book which is easy to read and highly accessible both to newcomers to shipping and to those needing to refresh their knowledge and understanding of this highly dynamic global industry. The book
- [An Introduction to Fuel Measurement](https://ship.energy/product/an-introduction-to-fuel-measurement/): Every transfer of fuel from terminal to barge/road tanker and barge/road tanker to the receiving ship requires accurate measurement to determine the quantities transferred – usually by measuring the tanks before the start of the transfer and on completion. As business margins increasingly come under pressure, it is essential that purchasers of bunker fuel take
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- [Bunkerspot Survey 2019](https://ship.energy/product/bunkerspot-survey-2019/): The bigger picture The 2019 Bunkerspot survey examines the key challenges and opportunities within the bunker industry, with a focus on macroeconomic trends and the IMO 2020 regulations. Global Growth Concerns: Participants agreed on a slowdown in global growth due to factors such as US-China trade tensions, rising interest rates, and economic difficulties in China Uncover insights from the 2019 Bunkerspot Survey on global trade, IMO 2020 sulphur cap challenges, economic trends, and their impact on the bunker market
- [Bunkerspot Feb/Mar 19](https://ship.energy/product/bunkerspot-feb-mar-19/): Follow the money Trade flows, geopolitics - and the 'bigger picture' for shipping Bunkerspot Survey: Trade & Shipping Outlook We all know that IMO 2020 will be the Big Issue for bunkering over the coming year; but what is the industry’s take on the wider macroeconomic and political trends whose impact could perhaps
- [Bunkerspot Apr/May 19](https://ship.energy/product/bunkerspot-apr-may-19/): Clean break Taking on the marine energy challenge IMO 2020: ExxonMobil The oil majors are leading the way in rolling out the delivery timelines for their new 0.50% sulphur fuels. However, as Luca Volta of ExxonMobil explains to Lesley Bankes-Hughes, distillates will also be a key component in the IMO 2020 fuel mix.
- [Bunkerspot Jun/Jul 19](https://ship.energy/product/bunkerspot-jun-jul-19/): School of rock Gibraltar's maritime masterclass Spotlight on Gibraltar Llewellyn Bankes-Hughes looks at how Gibraltar is rising to the challenges of IMO 2020, environmental regulations and the competitive Mediterranean market. US Gulf Coast Oil Exports Lesley Bankes-Hughes finds the race is on to move growing crude volumes out of US Gulf ports to
- [Bunkerspot Aug/Sept 19](https://ship.energy/product/bunkerspot-aug-sept-19/): Over the top Opening up the arctic sea routes Green Finance The recent publication of the ‘Poseidon Principles’ has highlighted how banks and major investors are now keenly aware that their shipping portfolios must align with current – and future – environmental regulations and public expectations. As Ian Taylor finds out, the Principles
- [Bunkerspot Oct/Nov 19](https://ship.energy/product/bunkerspot-oct-nov-19/): Strange brew IMO 2020: exotic blends and fonars GHG Emission Targets The UK is one of the first major economies to legislate for net zero emissions, with a 2050 target. Lesley Bankes-Hughes looks at how the UK government is expecting shipping to follow its roadmap for a cleaner and greener environment. Fuel Oil Non-availability
- [Bunkerspot Dec 19/Jan 20](https://ship.energy/product/bunkerspot-dec-19-jan-20/): Starter's orders IMO 2020 comes into force IMO 2020 Lesley Bankes-Hughes reports back from the ARACON bunker conference, where fuel buyers offered some enlightening first-hand perspectives on the countdown to IMO 2020. Adrian Tolson of BLUE Insight looks at the impact IMO 2020 will have on the US supply market. Ian Taylor asks
- [Bunkerspot Apr/May 20](https://ship.energy/product/bunkerspot-apr-may-20/): Fuelling the fleet Keeping the US Navy on the move US Defense Logistics Agency Ian Taylor finds out how US Defense Logistics Agency meets the US military’s fuel and energy needs. Talking Point: Industry Coalitions As shipping continues to address its environmental responsibilities, industry coalitions are taking shape to advocate specific fuel and
- [Bunkerspot Jun/Jul 20](https://ship.energy/product/bunkerspot-jun-jul-20/): 2020 Revision Confounding exceptions Interview: Peter Zachariassen Bunker One’s Peter Zachariassen tells Lesley Bankes-Hughes that the company is continuing to look for growth opportunities – and new initiatives are also on the horizon. Shore Power Lesley Bankes-Hughes looks at the barriers to the uptake of shore power and also canvasses the opinion of
- [Bunkerspot Aug/Sept 20](https://ship.energy/product/bunkerspot-aug-sept-20/): Climate Change Adapting to new industry challenges Fuel Quality: ARA Market Lesley Bankes-Hughes takes a look at ARA fuel quality trends across the year so far. Market Focus: Canada The COVID-19 pandemic and new developments in LNG have made for an interesting Canadian bunker market in 2020. Ian Taylor reports. IMO 2020:
- [Bunkerspot Oct/Nov 20](https://ship.energy/product/bunkerspot-oct-nov-20/): Virtual Reality Global Bunkering Summit unites industry Global Bunkering Summit Fuel buyers and suppliers addressed the profound market impact of coronavirus during the Global Bunkering Summit – as well as some of the more longstanding and deep-rooted industry challenges. Lesley Bankes-Hughes reports. Interview: Carsten Ladekjær Carsten Ladekjær of Glander International Bunkering talks
- [Bunkerspot Dec 20/Jan 21](https://ship.energy/product/bunkerspot-dec-20-jan-21/): Banking on change Financing shipping's energy transition MWA: Bunker Buyers’ Perspective The Maritime Week Americas Bunker Buyers Discussion panelists offer some telling perspectives on the challenges of 2020, and the opportunities that lie ahead Shipping Finance Shipping’s energy transition will certainly come with a very high price tag. Sebastian Blum and Sebastian Fenk
- [Bunkerspot Feb/Mar 21](https://ship.energy/product/bunkerspot-volume-18-issue-1/): Taking decarbonisation by the horns Surveying bunkering options in the year of the ox The Bunkerspot New Year Survey 2021 2020 was a year that many would prefer to forget – but Bunkerspot nevertheless invited a selection of industry players and commentators to reflect on some of the key lessons of the past
- [Bunkerspot Apr/May 21](https://ship.energy/product/bunkerspot-volume-18-issue-2/): Credit Control Managing risk in uncertain times Bunker Credit Panos Panousis of Infospectrum takes stock of the credit landscape after the double shock of the pandemic and the collapse of Hin Leong. Steve Simms of Simms Showers offers a useful checklist for bunker suppliers when tasked with making sound credit decisions. The buying
- [Bunkerspot Jun/Jul 21](https://ship.energy/product/bunkerspot-volume-18-issue-3/): Betting on shore power The drivers and challenges for cold ironing Market Focus Portugal’s bunker market appears to have weathered the COVID-19 crisis and is now looking to capitalise on the coming generation of LNG-fuelled ships. Ian Taylor looks at bunkering in New Zealand and considers how the conversion of the Marsden Point
- [Bunkerspot Aug/Sept 21](https://ship.energy/product/bunkerspot-volume-18-issue-4/): Industry Consolidation? Are bunkering companies rushing to integrate? Industry Consolidation One of the current buzzwords of the bunker business is ‘consolidation’. But, asks Adrian Tolson of BLUE Insight, are we really seeing a rush by some industry players to aggregate demand or is the true picture of the sector a much more fragmented
- [Bunkerspot Oct/Nov 21](https://ship.energy/product/bunkerspot-volume-18-issue-5/): Covering all the angles ARA markets focus on regulation ARACON 2021 After a two-year hiatus, in late September the ARACON bunker conference returned to the ARA region – this time opting for Antwerp as its location. As Lesley Bankes-Hughes reports, delegates and speakers wasted no time in picking up face-to-face conversations about the ‘health’
- [Bunkerspot Dec 21/Jan 22](https://ship.energy/product/bunkerspot-volume-18-issue-6/): The journey to decarbonisation Closing the gap between talk and action Decarbonisation The map for the maritime sector’s transition to a lower carbon future must be inclusive of the entire fleet and various technologies, writes Dr Thomas Koniordos of Yara Marine Technologies. WinGD looks at the steps that must be taken to support
- [Bunkerspot Dec 22/Jan 23](https://ship.energy/product/bunkerspot-volume-19-issue-6/): Data is king Building the case for mass flow meters Mass Flow Meters Lesley Bankes-Hughes reports on a lively discussion about mass flow meters at this year’s ARACON event in Rotterdam. Darrick Pang of Metcore International believes that mass flow meters’ accuracy and transparency are the drivers behind their growing usage in ports around
- [Bunkerspot Apr/May 22](https://ship.energy/product/bunkerspot-volume-19-issue-2/): Clearing the air Shipping's role in emissions trading Ukraine Lesley Bankes-Hughes considers the initial impact of the Ukraine crisis on the energy landscape and canvasses the views of bunker industry stakeholders on a market in flux MEBC: Legal Issues At the Middle East Bunkering Convention in March, Natalie Jensen of Ince and James Kennedy
- [Bunkerspot Jun/Jul 22](https://ship.energy/product/bunkerspot-volume-19-issue-3/): Boats from a small island Sandboxing global energy solutions in the Shetlands Emissions Trading Schemes Shipping is expected to join the EU’s Emissions Trading System from 2024. While the draft ETS proposal makes its way through the EU’s legislative process, Kevin O’Reilly suggests that shipping could start improving its green credentials now, by buying Voluntary
- [Bunkerspot Aug/Sept 22](https://ship.energy/product/bunkerspot-volume-19-issue-4/): Bunkering Italian style Market Focus: Italy Ian Taylor gives a snapshot view of the Italian bunker market Fuel Quality Significant fuel contamination issues have been identified in the Singapore and ARA markets in 2022. Steve Bee of VPS takes a close look at the causes – and effects – of these off-spec fuels Bunker
- [Bunkerspot Oct/Nov 22](https://ship.energy/product/bunkerspot-volume-19-issue-5/): Russian Sanctions The bunkering perspective Sanctions Steve Simms of Simms Showers takes a close look at how national regulations interpret the ‘transformation’ of Russian marine fuel into a non-sanctioned product Ioannis Generalis of Y. Georgiades & Associates LLC considers how the sanctions imposed by the European Union and others on Russia following the invasion
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- [Auckland](https://ship.energy/product/auckland/): About this book Marine fuel claims can be costly and time consuming. As the potential for fuel quality and availability issues comes to the fore in the run-up to the 2020 0.50% global sulphur cap, it is more important than ever to know how to respond to and manage a bunker claim. In this important
- [Antwerp](https://ship.energy/product/antwerp/): About this book Marine fuel claims can be costly and time consuming. As the potential for fuel quality and availability issues comes to the fore in the run-up to the 2020 0.50% global sulphur cap, it is more important than ever to know how to respond to and manage a bunker claim. In this important
- [Cape Town](https://ship.energy/product/cape-town/): About this book Marine fuel claims can be costly and time consuming. As the potential for fuel quality and availability issues comes to the fore in the run-up to the 2020 0.50% global sulphur cap, it is more important than ever to know how to respond to and manage a bunker claim. In this important
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- [Global](https://ship.energy/category/policy/global/): Explore global shipping policy news and regulatory updates shaping the maritime industry’s energy transition and emissions standards.
- [National](https://ship.energy/category/policy/national/): Explore national shipping policy updates covering maritime regulations, emissions standards & industry developments. Stay ahead of what’s changing.
- [Ports](https://ship.energy/category/policy/ports/): Stay updated on maritime port policy and explore shifts in port regulations, infrastructure, and logistics trends across global ports.
- [Regional](https://ship.energy/category/policy/regional/): Stay updated on regional maritime energy policy. Explore changing emissions regulations, alternative marine fuel innovations, and bunker market trends.
- [Biofuel](https://ship.energy/category/energy/biofuel/): Explore expert insight and news on biofuel as a marine fuel. Discover its advancements and how it is shaping the future of the shipping industry.
- [LPG](https://ship.energy/category/energy/lpg/): Bringing you the latest news and analysis on the LPG shipping sector, including supply and demand trends and its role in global maritime markets.
- [CCS](https://ship.energy/category/technology/ccs/): Explore expert news on Carbon Capture and Storage (CCS) technology in shipping, helping vessels reduce CO₂ and achieve maritime decarbonisation.
- [Bunkerspot](https://ship.energy/category/bunkerspot/): Discover Bunkerspot insights on marine fuels, bunkering markets, and the evolving global maritime energy transition. Get updates.
- [Fossil Fuels](https://ship.energy/category/energy/fossil-fuels/): Stay informed with the latest news and expert insights on fossil fuels in shipping, covering industry trends and fuel markets. Explore now.
- [Nuclear](https://ship.energy/category/energy/nuclear/): Explore how nuclear power as a maritime fuel is emerging as a sustainable and efficient solution, with the latest news and expert analysis.
- [Offshore sector](https://ship.energy/category/technology/offshore-sector/)
- [Finance](https://ship.energy/category/finance/): Explore the latest finance news and insights shaping the shipping industry, from investment and funding to sustainable development. Stay informed.
- [Ethanol](https://ship.energy/category/energy/ethanol/)
## Category Industry Insights
- [Ammonia](https://ship.energy/category-industry-insights/ammonia/)
- [Biofuel](https://ship.energy/category-industry-insights/biofuel/)
- [Emissions Reduction](https://ship.energy/category-industry-insights/emissions-reduction/)
- [Energy](https://ship.energy/category-industry-insights/energy/)
- [Hydrogen](https://ship.energy/category-industry-insights/hydrogen/)
- [Methanol](https://ship.energy/category-industry-insights/methanol/)
- [Ship Efficiency](https://ship.energy/category-industry-insights/ship-efficiency/)
- [Information](https://ship.energy/category-industry-insights/information/)
- [Policy](https://ship.energy/category-industry-insights/policy/)
- [Regional](https://ship.energy/category-industry-insights/regional/)
- [Fossil Fuels](https://ship.energy/category-industry-insights/fossil-fuels/)
- [Nuclear](https://ship.energy/category-industry-insights/nuclear/)
- [LNG](https://ship.energy/category-industry-insights/lng/)
- [Ports](https://ship.energy/category-industry-insights/ports/)
- [Technology](https://ship.energy/category-industry-insights/technology/)
- [Global](https://ship.energy/category-industry-insights/global/)
- [National](https://ship.energy/category-industry-insights/national/)
- [Onshore Power](https://ship.energy/category-industry-insights/onshore-power/)
- [Finance](https://ship.energy/category-industry-insights/finance/)
- [Wind](https://ship.energy/category-industry-insights/wind/)
- [Batteries](https://ship.energy/category-industry-insights/batteries/)
- [Fuel Cells](https://ship.energy/category-industry-insights/fuel-cells/)
- [CCS](https://ship.energy/category-industry-insights/ccs/)
- [LPG](https://ship.energy/category-industry-insights/lpg/)
- [e-methane](https://ship.energy/category-industry-insights/e-methane/)
- [Gena Solutions](https://ship.energy/category-industry-insights/gena-solutions/)
## Conference Categories
- [Conference](https://ship.energy/category-conf/conference/): Find upcoming maritime shipping conferences and industry events, with insights into global shipping and energy transition developments.
- [Training](https://ship.energy/category-conf/training/)
## Industry events categories
- [Industry Partner](https://ship.energy/industry-events-category/industry-partner/)
## Industry events tags
- [Industry Partner](https://ship.energy/industry-eventss-tag/industry-partner/)
## Industry moves categories
- [Americas](https://ship.energy/industry-moves-category/americas/)
- [Asia Pacific](https://ship.energy/industry-moves-category/asia-pacific/)
- [Europe](https://ship.energy/industry-moves-category/europe/)
- [Mideast & Africa](https://ship.energy/industry-moves-category/mideast-africa/)
## Magazine features categories
- [Alternative Fuels](https://ship.energy/magazine-featuress-category/alternative-fuels/)
- [Environment](https://ship.energy/magazine-featuress-category/environment/)
- [Fuel Quality](https://ship.energy/magazine-featuress-category/fuel-quality/)
- [Interviews](https://ship.energy/magazine-featuress-category/interviews/)
- [Legal & Commercial](https://ship.energy/magazine-featuress-category/legal-commercial/)
- [Lubricants](https://ship.energy/magazine-featuress-category/lubricants/)
- [Regulation](https://ship.energy/magazine-featuress-category/regulation/)
- [Technology](https://ship.energy/magazine-featuress-category/technology/)
## Magazine features tags
- [Biofuels](https://ship.energy/magazine-featuress-tag/biofuels/)
- [Decarbonisation](https://ship.energy/magazine-featuress-tag/decarbonisation/)
- [Emissions](https://ship.energy/magazine-featuress-tag/emissions/)
- [Global Risk Management](https://ship.energy/magazine-featuress-tag/global-risk-management/)
- [IMO](https://ship.energy/magazine-featuress-tag/imo/)
- [Low Carbon](https://ship.energy/magazine-featuress-tag/low-carbon/)
- [Marine Credit](https://ship.energy/magazine-featuress-tag/marine-credit/)
- [Traders](https://ship.energy/magazine-featuress-tag/traders/)
- [Carbon Capture](https://ship.energy/magazine-featuress-tag/carbon-capture/)
- [Dual Fuel](https://ship.energy/magazine-featuress-tag/dual-fuel/)
- [FEUM](https://ship.energy/magazine-featuress-tag/feum/)
- [Green energy hub](https://ship.energy/magazine-featuress-tag/green-energy-hub/)
- [GHG](https://ship.energy/magazine-featuress-tag/ghg/)
- [MEPC 83](https://ship.energy/magazine-featuress-tag/mepc-83/)
- [MEBC](https://ship.energy/magazine-featuress-tag/mebc/)
- [MEPC](https://ship.energy/magazine-featuress-tag/mepc/)
- [AI](https://ship.energy/magazine-featuress-tag/ai/)
- [Pooling](https://ship.energy/magazine-featuress-tag/pooling/)
- [Methanol](https://ship.energy/magazine-featuress-tag/methanol/)
## Partner Groups
- [Academic Partners](https://ship.energy/partner-group/academic-partners/)
- [Associate Partners](https://ship.energy/partner-group/associate-partners/)
- [Industry Partners](https://ship.energy/partner-group/industry-partners/)
## Podcasts categories
- [Energy](https://ship.energy/podcasts-categories/energy/): Explore expert podcasts on maritime energy transition, sustainable fuels, decarbonisation, and low-carbon shipping strategies.
- [Finance](https://ship.energy/podcasts-categories/finance/): Explore podcast on how investment and financial strategies that are transforming the shipping industry toward a sustainable, low-emission future.
- [Policy & Regulation](https://ship.energy/podcasts-categories/policy-regulation/): Explore maritime policy and regulation podcasts on ship.energy featuring IMO compliance, decarbonisation, and the transition to green marine fuels.
- [Technology](https://ship.energy/podcasts-categories/technology/): Discover expert podcasts on maritime technology, emerging innovations, and solutions powering sustainable, low-carbon shipping. Listen for insights.
- [Training & Education](https://ship.energy/podcasts-categories/training-education/): Explore expert discussions on maritime training and education podcasts. It covers marine fuels, shipping skills, and the future of marine energy.
## Podcasts tags
- [Energy](https://ship.energy/podcasts-tags/energy/)
- [IMO](https://ship.energy/podcasts-tags/imo/)
- [EVIGO](https://ship.energy/podcasts-tags/evigo/)
- [Decarbonisation](https://ship.energy/podcasts-tags/decarbonisation/)
## Sponsor Tiers
- [Supporting Organisation](https://ship.energy/sponsor-tier/supporting-organisation/)
- [Media Partner](https://ship.energy/sponsor-tier/media-partner/)
## Tag Industry Insights
- [CE Delft](https://ship.energy/tag-industry-insights/ce-delft/)
- [Odfjell](https://ship.energy/tag-industry-insights/odfjell/)
- [Highlight](https://ship.energy/tag-industry-insights/highlight/)
- [Peninsula](https://ship.energy/tag-industry-insights/peninsula/)
- [Global Centre for Maritime Decarbonisation](https://ship.energy/tag-industry-insights/global-centre-for-maritime-decarbonisation/)
- [Asyad Group](https://ship.energy/tag-industry-insights/asyad-group/)
- [Port of Duqm](https://ship.energy/tag-industry-insights/port-of-duqm/)
- [Port of Salalah](https://ship.energy/tag-industry-insights/port-of-salalah/)
- [International Maritime Organization (IMO)](https://ship.energy/tag-industry-insights/international-maritime-organization-imo/)
- [MEPC 83](https://ship.energy/tag-industry-insights/mepc-83/)
- [Lloyd's Register](https://ship.energy/tag-industry-insights/lloyds-register/)
- [e-fuels](https://ship.energy/tag-industry-insights/e-fuels/)
- [Lloyd's Register Maritime Decarbonisation Hub](https://ship.energy/tag-industry-insights/lloyds-register-maritime-decarbonisation-hub/)
- [ECSA](https://ship.energy/tag-industry-insights/ecsa/)
- [SMF Confidence Index](https://ship.energy/tag-industry-insights/smf-confidence-index/)
- [ABL](https://ship.energy/tag-industry-insights/abl/)
- [Cenex](https://ship.energy/tag-industry-insights/cenex/)
- [Maritime Battery Forum](https://ship.energy/tag-industry-insights/maritime-battery-forum/)
- [Baltic Exchange](https://ship.energy/tag-industry-insights/baltic-exchange/)
- [GAC Sweden](https://ship.energy/tag-industry-insights/gac-sweden/)
- [BIMCO](https://ship.energy/tag-industry-insights/bimco/)
- [Amazon](https://ship.energy/tag-industry-insights/amazon/)
- [Home Depot](https://ship.energy/tag-industry-insights/home-depot/)
- [IKEA](https://ship.energy/tag-industry-insights/ikea/)
- [LG](https://ship.energy/tag-industry-insights/lg/)
- [EMSA](https://ship.energy/tag-industry-insights/emsa/)
- [Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping](https://ship.energy/tag-industry-insights/maersk-mc-kinney-moller-center-for-zero-carbon-shipping/)
- [Blue Visby](https://ship.energy/tag-industry-insights/blue-visby/)
- [Marubeni](https://ship.energy/tag-industry-insights/marubeni/)
- [Daphne Technology](https://ship.energy/tag-industry-insights/daphne-technology/)
- [Ardmore Shipping](https://ship.energy/tag-industry-insights/ardmore-shipping/)
- [ABB](https://ship.energy/tag-industry-insights/abb/)
- [Awake.AI](https://ship.energy/tag-industry-insights/awake-ai/)
- [European Space Agency](https://ship.energy/tag-industry-insights/european-space-agency/)
- [MacGregor](https://ship.energy/tag-industry-insights/macgregor/)
- [ClassNK](https://ship.energy/tag-industry-insights/classnk/)
- [International Chamber of Shipping](https://ship.energy/tag-industry-insights/international-chamber-of-shipping/)
- [European Commission](https://ship.energy/tag-industry-insights/european-commission/)
- [Global Centre for Maritime Decarbonisat](https://ship.energy/tag-industry-insights/global-centre-for-maritime-decarbonisat/)
- [H2Terminals Limited](https://ship.energy/tag-industry-insights/h2terminals-limited/)
- [Bulk carriers](https://ship.energy/tag-industry-insights/bulk-carriers/)
- [nuclear energy](https://ship.energy/tag-industry-insights/nuclear-energy/)
- [ABL Group](https://ship.energy/tag-industry-insights/abl-group/)
- [IWSA](https://ship.energy/tag-industry-insights/iwsa/)
- [Ocean Technologies Group](https://ship.energy/tag-industry-insights/ocean-technologies-group/)
- [FincoEnergies](https://ship.energy/tag-industry-insights/fincoenergies/)
- [GoodShipping](https://ship.energy/tag-industry-insights/goodshipping/)
- [Global Maritime Forum](https://ship.energy/tag-industry-insights/global-maritime-forum/)
- [CORE POWER](https://ship.energy/tag-industry-insights/core-power/)
- [NEMO](https://ship.energy/tag-industry-insights/nemo/)
- [maersk](https://ship.energy/tag-industry-insights/maersk/)
- [Arup](https://ship.energy/tag-industry-insights/arup/)
- [GCMD](https://ship.energy/tag-industry-insights/gcmd/)
- [CLIA](https://ship.energy/tag-industry-insights/clia/)
- [bureau veritas](https://ship.energy/tag-industry-insights/bureau-veritas/)
- [Clean Arctic Alliance](https://ship.energy/tag-industry-insights/clean-arctic-alliance/)
- [IMO](https://ship.energy/tag-industry-insights/imo/)
- [ICCT](https://ship.energy/tag-industry-insights/icct/)
- [editors-pick](https://ship.energy/tag-industry-insights/editors-pick/)
- [Grieg Green](https://ship.energy/tag-industry-insights/grieg-green/)
- [ReFlow](https://ship.energy/tag-industry-insights/reflow/)
- [Clarksons](https://ship.energy/tag-industry-insights/clarksons/)
- [NAVTOR](https://ship.energy/tag-industry-insights/navtor/)
- [Maritime Carbon Solutions](https://ship.energy/tag-industry-insights/maritime-carbon-solutions/)
- [Environmental Defense Fund](https://ship.energy/tag-industry-insights/environmental-defense-fund/)
- [IBIA](https://ship.energy/tag-industry-insights/ibia/)
- [ICS](https://ship.energy/tag-industry-insights/ics/)
- [Elogen](https://ship.energy/tag-industry-insights/elogen/)
- [Euronav](https://ship.energy/tag-industry-insights/euronav/)
- [DNV](https://ship.energy/tag-industry-insights/dnv/)
- [EPS](https://ship.energy/tag-industry-insights/eps/)
- [GoodFuels](https://ship.energy/tag-industry-insights/goodfuels/)
- [IDS](https://ship.energy/tag-industry-insights/ids/)
- [MOL](https://ship.energy/tag-industry-insights/mol/)
- [Port of London Authority](https://ship.energy/tag-industry-insights/port-of-london-authority/)
- [IACS](https://ship.energy/tag-industry-insights/iacs/)
- [OSK Design](https://ship.energy/tag-industry-insights/osk-design/)
- [Nautilus Labs](https://ship.energy/tag-industry-insights/nautilus-labs/)
- [Knutsen](https://ship.energy/tag-industry-insights/knutsen/)
- [Maersk Mc-Kinney Moller Center](https://ship.energy/tag-industry-insights/maersk-mc-kinney-moller-center/)
- [Deloitte](https://ship.energy/tag-industry-insights/deloitte/)
- [Green2x](https://ship.energy/tag-industry-insights/green2x/)
- [KCC](https://ship.energy/tag-industry-insights/kcc/)
- [GMF](https://ship.energy/tag-industry-insights/gmf/)
- [Klaveness Combination Carriers](https://ship.energy/tag-industry-insights/klaveness-combination-carriers/)
- [ABS](https://ship.energy/tag-industry-insights/abs/)
- [Enestas](https://ship.energy/tag-industry-insights/enestas/)
- [AXSMarine](https://ship.energy/tag-industry-insights/axsmarine/)
- [Danish Shipping](https://ship.energy/tag-industry-insights/danish-shipping/)
- [IEA](https://ship.energy/tag-industry-insights/iea/)
- [HMM](https://ship.energy/tag-industry-insights/hmm/)
- [Olympic Shipping and Management](https://ship.energy/tag-industry-insights/olympic-shipping-and-management/)
- [Cyprus Deputy Shipping Ministry](https://ship.energy/tag-industry-insights/cyprus-deputy-shipping-ministry/)
- [Houlder](https://ship.energy/tag-industry-insights/houlder/)
- [Maersk Oil Trading](https://ship.energy/tag-industry-insights/maersk-oil-trading/)
- [AAPA](https://ship.energy/tag-industry-insights/aapa/)
- [Marine Capital Ltd](https://ship.energy/tag-industry-insights/marine-capital-ltd/)
- [Quadrise](https://ship.energy/tag-industry-insights/quadrise/)
- [EDF](https://ship.energy/tag-industry-insights/edf/)
- [coZEV](https://ship.energy/tag-industry-insights/cozev/)
- [Marine Benchmark](https://ship.energy/tag-industry-insights/marine-benchmark/)
- [Prosmar](https://ship.energy/tag-industry-insights/prosmar/)
- [HOPPE](https://ship.energy/tag-industry-insights/hoppe/)
- [ESPO](https://ship.energy/tag-industry-insights/espo/)
- [Getting to Zero Coalition](https://ship.energy/tag-industry-insights/getting-to-zero-coalition/)
- [Poseidon Principles](https://ship.energy/tag-industry-insights/poseidon-principles/)
- [Gaslog LNG](https://ship.energy/tag-industry-insights/gaslog-lng/)
- [Kongsberg Digital](https://ship.energy/tag-industry-insights/kongsberg-digital/)
- [Bunker Holding](https://ship.energy/tag-industry-insights/bunker-holding/)
- [Danalec](https://ship.energy/tag-industry-insights/danalec/)
- [Maritime CleanTech](https://ship.energy/tag-industry-insights/maritime-cleantech/)
- [Crowley](https://ship.energy/tag-industry-insights/crowley/)
- [EcoVadis](https://ship.energy/tag-industry-insights/ecovadis/)
- [S&P Global Commodity Insights](https://ship.energy/tag-industry-insights/sp-global-commodity-insights/)
- [Plug and Play](https://ship.energy/tag-industry-insights/plug-and-play/)
- [MSC Cruises](https://ship.energy/tag-industry-insights/msc-cruises/)
- [METIS](https://ship.energy/tag-industry-insights/metis/)
- [General Index](https://ship.energy/tag-industry-insights/general-index/)
- [P4G](https://ship.energy/tag-industry-insights/p4g/)
- [Opportunity Green](https://ship.energy/tag-industry-insights/opportunity-green/)
- [Climate Neutral Commodity](https://ship.energy/tag-industry-insights/climate-neutral-commodity/)
- [EyeGauge](https://ship.energy/tag-industry-insights/eyegauge/)
- [shipenergy.local summit](https://ship.energy/tag-industry-insights/ship-energy-summit/)
- [MO4](https://ship.energy/tag-industry-insights/mo4/)
- [North Star](https://ship.energy/tag-industry-insights/north-star/)
- [Energy Transitions Commission](https://ship.energy/tag-industry-insights/energy-transitions-commission/)
- [Port of Dover](https://ship.energy/tag-industry-insights/port-of-dover/)
- [OSK-ShipTech](https://ship.energy/tag-industry-insights/osk-shiptech/)
- [Locton](https://ship.energy/tag-industry-insights/locton/)
- [Impact Today](https://ship.energy/tag-industry-insights/impact-today/)
- [BHP](https://ship.energy/tag-industry-insights/bhp/)
- [Port of Rotterdam](https://ship.energy/tag-industry-insights/port-of-rotterdam/)
- [biofuel](https://ship.energy/tag-industry-insights/biofuel/)
- [methanol](https://ship.energy/tag-industry-insights/methanol/)
- [Hapag Lloyd](https://ship.energy/tag-industry-insights/hapag-lloyd-2/)
- [Isle of Man Ship Registry](https://ship.energy/tag-industry-insights/isle-of-man-ship-registry/)
- [Britannia P&I](https://ship.energy/tag-industry-insights/britannia-pi/)
- [Maersk Broker Advisory Services](https://ship.energy/tag-industry-insights/maersk-broker-advisory-services/)
- [McKinsey & Company](https://ship.energy/tag-industry-insights/mckinsey-company/)
- [port of los angeles](https://ship.energy/tag-industry-insights/port-of-los-angeles/)
- [Port of Shanghai](https://ship.energy/tag-industry-insights/port-of-shanghai/)
- [European Parliament](https://ship.energy/tag-industry-insights/european-parliament/)
- [GAC](https://ship.energy/tag-industry-insights/gac/)
- [OneOcean Group](https://ship.energy/tag-industry-insights/oneocean-group/)
- [Nakilat](https://ship.energy/tag-industry-insights/nakilat/)
- [Mark Williams](https://ship.energy/tag-industry-insights/mark-williams/)
- [Hill Dickinson](https://ship.energy/tag-industry-insights/hill-dickinson/)
- [COP26](https://ship.energy/tag-industry-insights/cop26/)
- [International Union of International Union of Marine Insurance](https://ship.energy/tag-industry-insights/international-union-of-international-union-of-marine-insurance/)
- [Marsh Specialty](https://ship.energy/tag-industry-insights/marsh-specialty/)
- [Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping](https://ship.energy/tag-industry-insights/maersk-mc-kinney-moller-center-for-zero-carbon-shipping-2/)
- [North Star Renewables](https://ship.energy/tag-industry-insights/north-star-renewables/)
- [APM Terminals](https://ship.energy/tag-industry-insights/apm-terminals/)
- [MSC](https://ship.energy/tag-industry-insights/msc/)
- [Azane Fuel Solutions](https://ship.energy/tag-industry-insights/azane-fuel-solutions/)
- [ECONNECT Energy](https://ship.energy/tag-industry-insights/econnect-energy/)
- [MPA](https://ship.energy/tag-industry-insights/mpa/)
- [Lubrizol](https://ship.energy/tag-industry-insights/lubrizol/)
- [GreenSteam](https://ship.energy/tag-industry-insights/greensteam/)
- [London International Shipping Week](https://ship.energy/tag-industry-insights/london-international-shipping-week/)
- [Plasma Kinetics](https://ship.energy/tag-industry-insights/plasma-kinetics/)
- [EEA](https://ship.energy/tag-industry-insights/eea/)
- [Airseas](https://ship.energy/tag-industry-insights/airseas/)
- [Methanol Institute](https://ship.energy/tag-industry-insights/methanol-institute/)
- [KPI OceanConnect](https://ship.energy/tag-industry-insights/kpi-oceanconnect/)
- [Intertek](https://ship.energy/tag-industry-insights/intertek/)
- [Mercuria](https://ship.energy/tag-industry-insights/mercuria/)
- [ENGIE](https://ship.energy/tag-industry-insights/engie/)
- [GTT](https://ship.energy/tag-industry-insights/gtt/)
- [Mitsubishi Heavy Industries](https://ship.energy/tag-industry-insights/mitsubishi-heavy-industries/)
- [A P Moller](https://ship.energy/tag-industry-insights/a-p-moller/)
- [MAN Energy Solutions](https://ship.energy/tag-industry-insights/man-energy-solutions/)
- [NYK](https://ship.energy/tag-industry-insights/nyk/)
- [containershipping](https://ship.energy/tag-industry-insights/containershipping/)
- [IFP Energies Nouvelles](https://ship.energy/tag-industry-insights/ifp-energies-nouvelles/)
- [MLIT](https://ship.energy/tag-industry-insights/mlit/)
- [Norwegian Maritime Authority](https://ship.energy/tag-industry-insights/norwegian-maritime-authority/)
- [shipenergy.local](https://ship.energy/tag-industry-insights/ship-energy/)
- [MAN ES](https://ship.energy/tag-industry-insights/man-es/)
- [Gunvor](https://ship.energy/tag-industry-insights/gunvor/)
- [European Hydrogen Backbone](https://ship.energy/tag-industry-insights/european-hydrogen-backbone/)
- [Platts](https://ship.energy/tag-industry-insights/platts/)
- [Deltamarin](https://ship.energy/tag-industry-insights/deltamarin/)
- [Minerva Marine](https://ship.energy/tag-industry-insights/minerva-marine/)
- [KPMG](https://ship.energy/tag-industry-insights/kpmg/)
- [Channoil Energy](https://ship.energy/tag-industry-insights/channoil-energy/)
- [COP26 Climate Champions](https://ship.energy/tag-industry-insights/cop26-climate-champions/)
- [lng bunkering](https://ship.energy/tag-industry-insights/lng-bunkering/)
- [KfW IPEX-Bank](https://ship.energy/tag-industry-insights/kfw-ipex-bank/)
- [Carbon Neutral Consulting](https://ship.energy/tag-industry-insights/carbon-neutral-consulting/)
- [EBRD](https://ship.energy/tag-industry-insights/ebrd/)
- [Channoil Consulting](https://ship.energy/tag-industry-insights/channoil-consulting/)
- [Gibson Shipbrokers](https://ship.energy/tag-industry-insights/gibson-shipbrokers/)
- [Gliese Foundation](https://ship.energy/tag-industry-insights/gliese-foundation/)
- [HSBC](https://ship.energy/tag-industry-insights/hsbc/)
- [IRENA](https://ship.energy/tag-industry-insights/irena/)
- [Maritime UK](https://ship.energy/tag-industry-insights/maritime-uk/)
- [LQM](https://ship.energy/tag-industry-insights/lqm/)
- [CONCAWE](https://ship.energy/tag-industry-insights/concawe/)
- [DNV GL](https://ship.energy/tag-industry-insights/dnv-gl/)
- [Evergreen](https://ship.energy/tag-industry-insights/evergreen/)
- [carbon capture](https://ship.energy/tag-industry-insights/carbon-capture/)
- [decarbonisation](https://ship.energy/tag-industry-insights/decarbonisation/)
- [PMW Technology](https://ship.energy/tag-industry-insights/pmw-technology/)
- [BW Group](https://ship.energy/tag-industry-insights/bw-group/)
- [carbon pricing](https://ship.energy/tag-industry-insights/carbon-pricing/)
- [DNB](https://ship.energy/tag-industry-insights/dnb/)
- [GHG](https://ship.energy/tag-industry-insights/ghg/)
## Product categories
- [Conference Registration Options](https://ship.energy/product-category/conference-registration-options/)
- [Conference Related Products](https://ship.energy/product-category/conference-related-products/)
- [Publications](https://ship.energy/product-category/publications/): Discover maritime shipping and energy publications, including industry books and magazines, available on ship.energy. Read now!
- [Books](https://ship.energy/product-category/publications/books/): Explore shipping and energy books on ship.energy, covering bunker fuels, LNG bunkering, marine lubricants, operations, maritime law, and surveying.
- [Magazines](https://ship.energy/product-category/publications/magazines/)
- [Annual Surveys](https://ship.energy/product-category/publications/annual-surveys/): Discover the ship.energy annual survey for industry perspectives on marine fuels trends, regulation updates, and progress in shipping’s energy transition.
- [Port Reports](https://ship.energy/product-category/publications/port-reports/)
- [SMF Confidence Index](https://ship.energy/product-category/publications/smf-confidence-index/): The Sustainable Marine Fuel Fest (SMF Fest) was the first edition of SMF Fest, a ‘by industry, for industry’ gathering of stakeholders from across the marine fuel value chain. Formerly known as Gas Fest, the event has now evolved and broadened in scope to consider all fuels that will support shipping on its decarbonisation pathway.
- [Packs](https://ship.energy/product-category/publications/packs/)
## Product tags
- [MEBC25](https://ship.energy/product-tag/mebc25/)
- [OMAN25](https://ship.energy/product-tag/oman25/)
- [MWA25](https://ship.energy/product-tag/mwa25/)
- [MWAF25](https://ship.energy/product-tag/mwaf25/)
- [METF25](https://ship.energy/product-tag/metf25/)
- [Bex](https://ship.energy/product-tag/bex/)
- [OBC](https://ship.energy/product-tag/obc/)
- [course24](https://ship.energy/product-tag/course24/)
- [ARA25](https://ship.energy/product-tag/ara25/)
- [MWAF26](https://ship.energy/product-tag/mwaf26/)
- [MWA26](https://ship.energy/product-tag/mwa26/)
- [BASF26](https://ship.energy/product-tag/basf26/)
- [NBMF26](https://ship.energy/product-tag/nbmf26/)
- [ses26](https://ship.energy/product-tag/ses26/)
- [ARA26](https://ship.energy/product-tag/ara26/)
- [MWAF27](https://ship.energy/product-tag/mwaf27/)
- [METF26](https://ship.energy/product-tag/metf26/)
- [MWA27](https://ship.energy/product-tag/mwa27/)
- [OBC-Adv](https://ship.energy/product-tag/obc-adv/)
- [Shipping](https://ship.energy/product-tag/shipping/)
- [MEBC27](https://ship.energy/product-tag/mebc27/)
- [MRRF26](https://ship.energy/product-tag/mrrf26/)