Battery-powered ships are economical and efficient

The findings by three scientists from Berkeley in California suggest that the electrification of container vessels is more economical on voyages of up to 5,000 km and three to five times more efficient than e-fuels such as green hydrogen and ammonia. Over 40% of global containership traffic could be electrified cost-effectively with current technology, the

Japan to collaborate with local shipbuilders to develop carbon-neutral ships

The Japanese government will team up with local shipping lines and shipbuilders to develop new types of vessels fueled by ammonia or hydrogen. The country relies on sea-based transportation for much of its food and natural resource needs, intends to start commercial runs of ammonia-fueled ships in 2028.  The council will work to expedite the

Construction on methanol-ready Mein Schiff 7 cruise ship commences

Construction on the first large cruise ship designed to be methanol-ready begins in Turku, Finland. The ship is being built for Germany’s TUI Cruises, and marks a milestone for the cruise industry and for its builder Meyer Turku, which has also been a pioneer in large LNG-fueled cruise ships. TUI and Meyer Turku announced during

CMA CGM orders for six additional methanol-ready ships

French carrier, CMA CGM, decided to extend its methanol-ready fleet with an order for six ships of 8,000 teu from Hyundai Samho Heavy Industries’s Korean yard. CMA CGM has ordered six new-Panamax ships that are methanol-ready with a second order, worth a reported $736m in total, with expected deliveries of the vessels in 2025. CMA

Record number of LNG-fuelled ships ordered in Q2

As per the DNV’s Alternative Fuels Insight (AIF) platform data released recently the containerships continue to lead the charge for LNG fuel. About 30 orders for LNG fuelled vessels were placed in May alone taking the total for 2022 to 151 with car carriers also proving a strong backer of LNG fuel. In terms of

MOL orders four LNG-fueled ships

Japanese shipping company Mitsui O.S.K. Lines (MOL) has reached an agreement with compatriot Nihon Shipyard and Shin Kurushima Dockyard for the construction of four 7,000-unit capacity car carriers that will use environment-friendly liquefied natural gas (LNG) as their main fuel. The newly ordered ships are scheduled for delivery in succession, from 2024 to 2025. This

Collaboration formed to explore converting emissions into green methanol

Icelandic energy company Landsvirkjun and German investment company PCC SE have agreed to jointly explore the possibility of capturing and utilising carbon emissions that will be used to produce green methanol for ships. The companies intend to look into capturing and utilising carbon emissions from PCC’s silicon metal plant in northeast Iceland. The emission could

Amid global oil and gas crisis, support increases for nuclear-powered ships

Support is growing for Mikal Bøe-led Core Power, a high-profile developer of nuclear propulsion for merchant ships. First launched in 2018, Core Power today can boast 49 shipping companies as backers of the UK firm, a grouping made up of owners, operators and managers who, combined, control more than 4,000 ships. James Marshall-led Berge Bulk

Mærsk plans to produce green fuel for its ships

Danish container shipping company Mærsk and Danish green energy producer Ørsted have signed an agreement to produce green marine fuel in the US. To do so, Ørsted will build a so-called power-to-x plant using wind power to produce hydrogen gas. It will then be converted into liquid green fuel for Mærsk. This green fuel will

Shipbuilders accelerate drive to make eco-friendly vessels

A growing number of shipbuilders are turning to eco-friendly vessels as the shipping industry will face strengthened requirements on carbon emissions in the coming years. Shipping accounts for about 3 percent of the world’s annual carbon emissions. The International Maritime Organization has ordered shipping companies to cut their greenhouse gas emissions by at least 30