Over 400 hydrogen carriers will be needed by 2050: ICS

The International Chamber of Shipping (ICS) has launched a new report identifying global hydrogen demand to 2050, with South Korea, Japan and Europe being the first markets for hydrogen. The report highlights that to meet just 30m tonnes of annual global green hydrogen demand, the world would require up to 411 new hydrogen vessels –

Wärtsilä to deliver ammonia fuel system for two EXMAR carriers

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will deliver the fuel supply system for two new gas carriers that will operate with ammonia fuel. The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for ship owner EXMAR LPG, a joint venture between Exmar, a multi-disciplinary maritime and offshore solutions provider,

DNV study validates energy efficiency gains for LNG carriers

DNV has quantified the gains that owners of liquefied natural gas (LNG) carriers could expect to achieve using the new Dual Fuel, Electric+ (DFE+) solution developed by ABB and MAN Energy Solutions.

ABS issues requirements for liquid hydrogen carriers

Classification society American Bureau of Shipping (ABS) has published new requirements for liquid hydrogen carriers as a step towards supporting projected market demands in the transportation of hydrogen. As explained, the ABS Requirements for Liquefied Hydrogen Carriers address safety and technical standards for vessels carrying liquefied hydrogen, expanding on the corresponding IMO Resolution MSC.420(97) adopted

Viridis Bulk to order construction of two ammonia carriers

Norwegian government enterprise Enova has decided to grant NOK 152m ($14.1m) to Viridis Bulk Carriers for the construction of two ammonia-powered bulk carriers. Viridis Bulk Carriers expect to place orders for the two ships near the end of 2023, with deliveries starting in 2025. The two ammonia-powered bulkers, designed by Kongsberg Maritime, will have a

New hydrogen system for liquified hydrogen carriers approved

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), along with its subsidiaries HD Hyundai Heavy Industry and Hyundai Mipo Dockyard, have received approval in principle from class society DNV for their new hydrogen system for a liquified hydrogen carrier. This new system utilises boil-off gas from hydrogen transport for a hybrid propulsion system, integrating hydrogen

Cebu shipyard to build methanol carriers

Kamsarmax, the new methanol-fueled vessels, will have lesser emissions and, in turn, contribute less to air pollution.

Samsung Heavy wins 674.5 bln-won order for 2 LNG carriers

South Korean shipyard Samsung Heavy Industries Co. said it has bagged a 674.5 billion-won (US$517 million) order to build two liquefied natural gas (LNG) carriers for an Asia-Pacific shipper, according to Yonhap. Samsung Heavy said in a regulatory filing that it will deliver the vessels to the undisclosed shipping company in stages by November 2026.

Spectacular ordering for LNG carriers in 2022

Clarksons Research has tallied a record total of 170 LNG carriers ordered so far in 2022, up 95% on the 2021 full year total, with records also broken in terms of prices paid for these most prized ship orders. Spot rates for LNG carriers soared to incredible highs this year, peaking at close to half

Wärtsilä cargo handling and fuel supply systems selected for LPG/Midsize gas carriers

The efficiency and advanced design of the technology group Wärtsilä’s Cargo Handling and LPG Fuel Supply systems have again been validated with a major order. These solutions have been selected for two LPG/Midsize gas carrier vessels being built at Hyundai Mipo Dockyard in South Korea for EXMAR LPG, a joint venture between EXMAR, a multi-disciplinary