alternative fuel

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

OCI Global, a global producer of nitrogen, methanol and hydrogen, has announced an agreement with X-Press Feeders to supply the common feeder carrier with

MAN Energy Solutions has announced the successful first test of a two-stroke marine engine on ammonia fuel, marking a major milestone in the development of a

Taiwanese shipping Line Evergreen Marine Corp has confirmed orders for 24 large methanol deal fuel containerships at shipyards in Japan and South Korea. All 24

By Jack Wittels (Bloomberg) — BP Plc is investing in a California-based startup that will use uneaten food and other waste to make low emission fuel.

A.P. Moller – Maersk (Maersk) has announced an additional order for six mid-sized containerships equipped dual-fuel engines capable of operating on

MSC Cruises and Nordic energy company Gasum have announced the signing of a Letter of Intent (LOI) to collaborate on the supply of synthetic e-LNG, a carbon

Mitsui O.S.K. Lines (MOL), one of the world’s top shipping companies, has become the latest shareholder in a proposed large-scale clean hydrogen-ammonia

(Bloomberg) — The Biden administration is marshaling the power of the Energy Department to find low-carbon alternatives to petroleum-based

Platts, a prominent provider of information and benchmark prices for the commodities and energy markets, has announced the launch of new tanker rate price

Höegh Autoliners, a leading global roll-on/roll-off (Ro-Ro) shipping company, has announced a partnership with Norwegian green energy company North Ammonia on

Stena Line, a major ferry operator in Europe, has revealed plans to construct two new purpose-built roll-on/roll-off freight vessels for its growing