Alternative Fueled Ship Orders Surge as LNG and Methanol Battle for Market Share
October 2024 marked a record-breaking month for alternative fueled vessel orders, with a total of 97 new orders placed, according to the latest figures from
October 2024 marked a record-breaking month for alternative fueled vessel orders, with a total of 97 new orders placed, according to the latest figures from
Wallenius Wilhelmsen has inked a five-year agreement with a “leading manufacturer” of agriculture, forestry, and roadbuilding equipment. The deal, set to
Classification society DNV has awarded Wallenius Wilhelmsen its first biofuel insetting verification statement in recognition of the company’s use of
The demand for alternative fueled vessels is showing substantial growth. In May 2024 alone, 33 new orders for alternative-fueled vessels were placed, with
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.
Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the
Naval architecture firm Deltamarin has received Approval in Principle (AiP) from DNV for the design of a 11,000 CEU pure car and truck carriers (PCTCs), making
A consortium led by Bibby Marine was awarded funding via the UK government’s Zero Emission Vessel Infrastructure (ZEVI) toward building the world’s
The shipping industry will struggle to secure enough supply of carbon-neutral fuels to meet the new 2030 maritime emission targets, and therefore must consider
Classification society DNV has granted an Approval in Principle to Hudong-Zhonghua for their design of what could become the world’s largest capacity LNG
International classification society and risk management firm DNV has announced plans to acquire Helsinki-headquartered cyber security firm Nixu. Under the
DNV, a leading classification society, has awarded an Approval in Principle (AiP) for the design of an ammonia-powered gas carrier called the M/S NoGAPS. This
The transport sector will undergo a revolution with the widespread adoption of electrification, but it will also increase its share of overall emissions, warns
Knut Ørbeck-Nilssen, CEO Maritime, DNV, says that while progress towards industry decarbonisation should be applauded, it must be accelerated. Shipping needs
Classification society DNV is reporting that its “ShipManager” fleet management and operations software has been hit by a cyber attack, forcing it
Only two LNG-fueled ships were ordered in June as bottleneck pressure slowed orders, according to classification society DNV. June actually saw six vessels
The certification confirms ABB’s cyber security solutions meet DNV’s ‘Cyber Secure SP1’ requirements based on the internationally recognised standard
Classification society DNV been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore. The
By Jack Wittels (Bloomberg) — Liquefied gas has a strong future as a marine fuel, even if shipping’s global regulator adopts stricter emissions
Belgian tanker company Euronav (NYSE: EURN) has announced a partnership to help accelerate the development of new dual fuel ammonia-powered tankers. The Joint
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