ORIX orders 3 next-gen eco-friendly ships

In Japan, ORIX Corporation announced an order for three environmentally friendly ships, including two methanol dual-fuel bulk carriers. The new vessels comply with the International Maritime Organization’s reinforced greenhouse gas reduction targets and meet the Energy Efficiency Design Index Phase 3 standards, which come into effect in 2025. This order represents ORIX’s first foray into

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding (MOU) with China’s Shanghai International Port Group (SIPG). SIPG, a global terminal operator based in the world’s largest port Shanghai Port, has been supplying liquefied natural gas (LNG) fuel to shipping companies worldwide since 2022