BW LNG secures e-procurement deal with Procureship for global LNG fleet

Procureship, provider of the world’s leading digital e-procurement platform, has signed a deal with Norwegian shipowner and operator BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers. The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to

IRS and SeaTech collaborate for green tug design and sustainable initiatives

Indian Register of Shipping (IRS), a globally recognized classification society, announces the signing of a Memorandum of Understanding (MOU) with SeaTech Solutions International (S) Pte Ltd, a Singapore-based maritime engineering and design firm. This MOU highlights a broader international collaboration aimed at advancing sustainable maritime solutions, including the Greentech design and classification of next-generation green

ClassNK grants the first notation for ships made of green steel

ClassNK has granted the class notation ‘a-EA (GRS)’ to ‘BRIGHT QUEEN’, the bulk carrier operated by NYK Bulk & Projects Carriers Ltd., certifying the use of green steel. This is the world’s first case of a notation being affixed for using green steel in a vessel. There’s a growing focus on using green steel, which reduces

Artificial Intelligence and Maritime Decarbonization Combined in CORSICA Linea and Spinergie

From French start-up Spinergie, a marine technology business focused in monitoring ship performance using big data and artificial intelligence, CORSICA linea has implemented the voyage optimization solution from April 2024. Aiming to be the most modern in the Mediterranean by 2030, this decision-making tool enables the passenger and goods transportation firm increase the environmental and

Wärtsilä continues to strengthen its market leadership in cargo handling and fuel gas supply systems

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply the cargo handling and fuel gas supply systems for six newbuild medium-sized gas carrier (MGC) vessels, which again strengthens the company’s market-leading position in this sector. The new vessels are built at the Jiangsu Yangzi-Mitsui (YAMIC) Shipbuilding yard in China for a Japanese shipowner. The order was

INTERCARGO expresses concern over RightShip’s decision to reduce age limit

INTERCARGO members have voiced deep concerns regarding RightShip’s recent decision to reduce the age limit of bulk carriers eligible for vetting inspections, as discussed during the Association’s Executive Committee meeting held in London on 15th October. This decision was made without prior consultation with the owners and managers of bulk carriers, the very stakeholders who

Maersk orders 12 LNG dual fuel ships

Maersk Line has ordered 12 LNG dual-fuelled 16,000 TEU container ships at a Chinese shipyard. It is reported that each ship is priced at $200 million, with delivery slated in 2028. If the options are exercised, the total contract value will be $2.4 billion. The order raises speculations whether the Danish carrier is rethinking its

Sweden Grants Contract to UK Builder for Zero-Emission Pilot Boat

By include a zero-emission pilot boat, Sweden’s ambitious ambition to decarbonise its marine sector is moving a big stride. By 2045, the nation wants to have net-zero greenhouse gas emissions; so, using this creative vessel is a significant step towards accomplishing that goal. Artemis Technologies has been chosen by the Swedish Maritime Administration (SMA) to

Marine Energy demand may decline with new IMO policies for 2050 goal: IEA

Even although Red Sea shipping interruptions have increased short-term bunker demand, the International Energy Agency said Oct. 16, marine energy demand will eventually drop if the International Maritime Organization offers additional policy incentives to meet its net-zero aim by 2050. The Paris-based energy watchdog stated in its latest annual World Energy Outlook that shipping sector

India studying $2 bn plan for greener boats

India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel powered passenger vessels on inland waterways, like barges and ferries, with a cleaner fleet. The initiative, proposed by the shipping ministry earlier this year, will be backed by 149.2 billion rupees ($1.8 billion) in subsidies over ten years and is currently