VesselsValue obtains Class C certification

ClassNK granted the Class C Innovation Endorsement Provider Certification to VesselsValue Ltd., which provides daily updated ship values and data based on the latest market insights and intelligence. ClassNK offers its third-party Innovation Endorsement “Provider Certification”, which supports innovative initiatives for companies and organizations. As companies pursue ESG-oriented management and SDGs, ClassNK conducts third-party certification

Europe has adopted rules for green hydrogen

The European Commission has adopted long-awaited rules for how and when hydrogen can count towards the EU’s climate targets. The new rules envisage that the electrolysers to produce hydrogen will have to be connected to new renewable electricity production to count as renewable. To make sure hydrogen production is not diverting renewable energy away from

World’s largest river-sea intermodal LNG carrier delivered in China 

Chinese shipbuilders Hudong-Zhonghua Shipbuilding (Group) Co and China Shipbuilding Trading Co deliver an 80,000-cubic meter LNG carrier, which is currently the world’s largest river-sea intermodal LNG carrier, to their client Shenzhen Gas Co. The Dapeng Princess is also the first LNG carrier to be completed and delivered by Hudong-Zhonghua in 2023, marking the start of

DHL Express offers choice to choose SAF to cut emissions

DHL announced the launch of GoGreen Plus, a new service that will allow customers to reduce the carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel (SAF). DHL, part of Deutsche Post DHL Group, is the leading global brand in the logistics industry, offering an unrivaled portfolio of services, including international

Green Hydrogen

Samsung joins MEG HP1 development project

Perth-based Infinite Green Energy (IGE) announced it has entered into a binding memorandum of understanding (MOU) with key joint development agreement terms with Samsung C&T, to jointly develop and build the MEG HP1 green hydrogen plant. The agreement sees Samsung take a stake of undisclosed size for an undisclosed sum in the solar-powered green hydrogen

India finalises 13 activities for trading carbon credits

The Union government has finalised a list of activities to be considered for trading of carbon credits under Article 6.2 mechanism to facilitate transfer of emerging technologies and mobilise international finance in India. India has also notified the National designated Authority for the Implementation of the Paris Agreement (NDAIAPA) in May 2022. Overall 13 activities

Toyota India, ISMA to co-promote ethanol usage

Toyota Kirloskar Motor has signed a Memorandum of Understanding (MoU) with the Indian Sugar Mills Association (ISMA) to create awareness and promote the use of ethanol as a sustainable biofuel in India. The MoU was exchanged in the presence of Yogi Adityanath, Chief Minister of Uttar Pradesh, along with the other key government officials and

Algoma and CSL order four new methanol carriers

Algoma Central Corporation and CSL have ordered four new methanol-ready self-unloading bulk carriers at Jiangsu Yangzi-Mitsui Shipbuilding (YAMIC). The order placed at the joint venture between China’s Yangzijiang Shipbuilding and Japan’s Mitsui E&S Shipbuilding has been split between the partners, who together form the CSL International Pool. The 72,250 dwt newbuilds will replace the three

Carisbrooke Shipping partners with Carnot for hydrogen engine trial

Carisbrooke Shipping has partnered with Carnot whose consortium has been awarded £2.3m ($2.75m) to develop a zero-emission 50kW hydrogen auxiliary engine demonstrator. Following design, simulations and s testing, the single-fuel hydrogen engine will be integrated into a containerised system and mounted on the deck of one of Carisbrooke’s vessels for a 40-day sea trial in

Stadtwerke bags order for hydrogen buses

The German carrier Stadtwerke Aschaffenburg Verkehrs GmbH has opted for 12 Solaris hydrogen buses: 10 Urbino 12 hydrogen and 2 Urbino 18 hydrogen units. This is Solaris’s first order for the 18-meter hydrogen-powered buses that were launched in autumn last year. The ordered buses will roll out onto the streets of this German city as

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