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 contract with Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) for the construction of the vessel at a contract price of $82.8 million, with delivery expected in the third quarter of 2028. Capital Clean Energy Carriers said the vessel will feature ‘advanced emissions […]

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 improve cargo flexibility and capacity and helps lower the emissions intensity per vehicle transported. In addition to dual-fuel LNG propulsion, the Glovis Lighthouse is methanol and ammonia ready. ‘The delivery of the Glovis Lighthouse is a defining moment for Seaspan and a clear demonstration of […]

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 the EU’s RED III certification. The certification is valid until 15 May 2027. In a LinkedIn post the company said the renewed ISCC certification comes at a time when its biofuel trading volumes are steadily growing. Image: Shuttershock