alternative fuel

One of the world’s leading shipbuilders, Hanwha Ocean of South Korea, is joining forces with New York-based Amogy to fast-track the implementation of

Malaysia’s MISC Berhad, through its tanker subsidiary AET, has signed contracts for the world’s first two ammonia dual-fuel Aframaxes. The deal

Containership owner and lessor Seaspan Corporation has partnered with Hapag-Lloyd, one of the world’s largest container shipping lines, to retrofit five

The shipping industry continues to make strides in the transition to alternatively-fueled with a significant rise in orders for cleaner ships to start 2024.

A recent study from Chalmers University of Technology in Sweden warns that switching to ammonia as a marine fuel in the quest for decarbonisation could lead to

In a significant step towards carbon-neutral shipping, Danish shipping conglomerate Maersk has christened Ane Maersk, the world’s first large

Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the

Bureau Veritas (BV) has launched its first classification Rules for hydrogen-fuelled ships (NR678) to support the safe development of hydrogen propulsion in

The cost of fuel in shipping’s energy transition will increase along with compliance costs, according to an executive at Yara Marine Technologies. The

Yara Clean Ammonia, North Sea Container Line, and Yara International have joined forces to develop the world’s first containership powered by pure

Spanish clothing company Inditex, the parent company of fashion brands like Zara and Massimo Dutti, has joined forces with Danish shipping line Maersk in an

The pipeline of ships ordered with alternative fuel options continues to expand with LNG and methanol leading the charge. A total of 21 LNG-fueled vessels were

Global ocean hull premiums rose by 5.7% in 2022 due to increased activity, vessel values, and reduced market capacity, but change is on the horizon

The President of the EU Commission has named the world’s first methanol-powered containership during a naming ceremony at the Port of Copenhagen on

OCI Globa plans to double its green methanol production capacity to 400,000 metric tons to meet growing demand from high emissions industries such as road

A new analysis from the Global Maritime Forum has found that the cost gap between operating ships on zero-emission ammonia and conventional fuel could be

By Carman Chew and Jeslyn Lerh SINGAPORE, Aug 21 (Reuters) – Interest in methanol as an alternative fuel has grown in the shipping industry, which

(Bloomberg) — What does going “green” actually mean? For the global shipping industry, it’s a potentially fraught question. Three-and-a-half years

The Global Centre for Maritime Decarbonisation (GCMD) has announced its latest successful biofuel supply chain trial, part of a pilot to develop a

A total of 62 alternative-fueled vessels were ordered in July, including a record number of methanol-fueled ships, according to the latest figures from DNV’s