IEA sees ammonia as alternative solution for shipping

The International Energy Agency (IEA) said in a 2023 update of its ‘Net Zero by 2050’ report that shipping will primarily turn to ammonia to decarbonise the sector. The ‘Net Zero by 2050: A Roadmap for the Global Energy Sector‘ report was published in 2021. It translated the goal of limiting global warming to 1.5°C

Shipping could face carbon-neutral fuel shortage: DNV

It is likely that the shipping industry will find it challenging to secure an adequate supply of carbon-neutral fuels in the future, according to DNV’s new Maritime Forecast to 2050. Increasing regulatory pressure to decarbonise, including stricter targets set by the International Maritime Organization (IMO) this July, means the shipping industry now needs to achieve

GMF study identifies possible pathways for ammonia gas carriers

A new study released by the international not-for-profit organisation Global Maritime Forum has identified possible pathways to commercialise a first-of-its-kind ammonia-powered gas carrier as early as 2026. As part of the Nordic Green Ammonia Powered Ship (NoGAPS) project, which is co-funded by Nordic Innovation and brings together Yara International, BW Epic Kosan, MAN Energy Solutions,

Japan, Australia cos comes together for CO2 shipping development

Five partners from Australia and Japan have signed a research and development agreement to develop solutions for industrial-scale shipping of CO2. Future Energy Exports, JX Nippon, Low Emission Technology Australia (LETA), Mitsui O.S.K. Lines, and Osaka Gas will be looking into the feasibility and operability of low-pressure and low-temperature solutions for ship transport of CO2.

Himalaya’s two dual fuel newbuilds bunkered with LNG

Bulker operator Himalaya Shipping said two of its ships, Mount Norefjell and Mount Matterhorn, have bunkered with LNG in Singapore over the last few days. Mount Matterhorn is the fifth of the twelve 210,000 dwt Newcastlemax dual fuel newbuildings that the company has on order at New Times Shipbuilding in China. A Newcastlemax running on

EU Council adopts new legislation for maritime transport

The main objective of the FuelEU maritime initiative, as a key part of the EU’s Fit for 55 package, is to increase the demand for and consistent use of renewable and low-carbon fuels and reduce the greenhouse gas emissions from the shipping sector, while ensuring the smooth operation of maritime traffic and avoiding distortions in the internal market.

HEMEXPO, DNV sign agreement covering energy-saving devices capability assessment

The classification society will issue a letter of professional opinion for the HEMEXPO products that fall into the ESD category.

EU Council adopts green fuel requirements for shipping

The new EU law to decarbonise the maritime sector has cleared its final adoption stage, putting an end to two years of intense negotiations.

BP to supply marine biofuels to New Zealand

The oil major will supply a blend of 24% International Sustainability and Carbon Certification-approved used cooking oil methyl ester (Ucome) biodiesel and 76% very-low sulphur fuel oil (VLSFO).

Evergreen to overtake Hapag-Lloyd as it orders 24 dual fuelled ships

In filings to the Taiwan Stock Exchange last night, the Taiwanese liner operator said that its Singapore-registered subsidiary, Evergreen Marine (Asia) has ordered 16 of the ships from Samsung Heavy Industries in South Korea, while the other eight ships will be built by Japan’s Nihon Shipyard. EMC said that the total contract value ranges from