MOL initiates study with NIES on marine fuel

Mitsui OSK Lines (MOL) has announced the launch of a joint study on bunker fuel with Japan’s National Institute for Environmental Studies (NIES). Under a three-year project, MOL and NIES will carry out fuel quality analysis and research for the safe operation of machinery on vessels. MOL plans to link the study with big data

MPA and Rotterdam to develop green shipping corridor

The Maritime & Port Authority of Singapore (MPA) and the Port of Rotterdam inked a memorandum of understanding to establish the green and digital corridor on the sidelines of the biennial World Cities Summit in Singapore. As per the deal, both parties will develop the world’s longest green shipping corridor for low and zero carbon

IOC targets to replace fossil fuels with green hydrogen for decarbonization drive

Indian Oil Corporation (IOC) is targeting to replace at least a tenth of its current fossil-fuel-based hydrogen at its refineries with carbon-free green hydrogen as part of a decarbonization drive. The nation’s largest oil firm is setting up green hydrogen plants at its Panipat and Mathura refineries, IOC said in its latest annual report. The

Petronas to collaborate with six South Korean companies on CO2 transport

Petronas has joined six South Korean companies to carry out conceptual and feasibility studies toward establishing a full value chain related to carbon dioxide (CO2) capture, transport and storage. The company has penned a memorandum of understanding with construction firm Samsung Engineering, shipbuilder Samsung Heavy Industries (SHI), energy players SK Earthon, SK Energy, GS Energy

Largest container ship in the world delivered to ABS Class

The largest container ship in the world, with just over 24,000 teu capacity, has been delivered to ABS class. The vessel is the latest in a series of nine being built by Hudong-Zhonghua Shipbuilding in China to ABS class. The 400-meter megamax-24 type ship will serve ports between Asia and Europe. “We are proud to

Mitsui signs turbocharger agreement for TCT Series

At a recent ceremony at the Tsunamachi Mitsui Club in Tokyo, Japan, MAN Energy Solutions signed a licence agreement with Mitsui E&S Machinery for MAN’s new TCT axial-turbocharger series. As one of the largest, marine two-stroke engine builders in the world, Mitsui has been a licencee of MAN Energy Solutions low-speed engines and turbochargers for

SGS launches FastRig wing sail technology for shipping

Smart Green Shipping (SGS) has launched a £5m research and development project for its FastRig wing sail technology and digital routing software.  The technology will harness the power of wind to deliver fuel and emissions savings for the shipping industry. The collaborative programme has been made possible by a £3.2m investment from the private sector,

Malaysia, Singapore teamed up to build first green OSV

Three Malaysian shipbuilding and ship repair players have teamed up with a Singapore-based ship designer to build an environmentally friendly offshore supply vessel (OSV) in Malaysia. The agreement was signed between Grade One Marine Shipyard (GOMS), Muhibbah Marine Engineering (MME) and Shin Yang Shipyard (SYS) and Singapore’s Evolution Concepts for the construction of what has

MSC to collaborate with Quadrise for trials on glycerine-based biofuel

Cyprus-based MSC Shipmanagement has signed a framework agreement with London-listed alternative-fuels company Quadrise Fuels International to trial its emulsion fuel and glycerine-based marine biofuel. As per agreement MSC Shipmanagement will carry out proof-of-concept tests and operational trials using Quadrise’s bioMSAR and MSAR fuels on one or more container vessels, with the final aim of commercialising

Most of the ships are still not EEXI compliant

Over 75% of all tankers, bulkers and containerships will not be Energy Efficiency Existing Index (EEXI) compliant set by the International Maritime Organization (IMO). According to a new report from VesselsValue, the date set by IMO for EEXI compliance has only 163 days left to come into play. The study says that shipowner’s do not