This increases the total to twelve 25-40.000 dwt stainless steel vessels to be delivered on long-term time charters and pool agreements between 2024 and 2027. The agreements represent a continuation of Odfjell’s long-term relationships with Japanese shipowners and shipyards and include six vessels. The series of newbuildings will be built at multiple shipyards in Japan and are scheduled to be delivered from 1H2026 to 1H2027. Two of the vessels are 40,000 dwt stainless steel supersegregator chemical tankers with 28 tanks, while the additional four are 25-26,000 dwt stainless steel chemical ...

Shipyard’s lack of capacity could prove a main obstacle in shipping’s drive for decarbonization. In its latest weekly report, shipbroker Intermodal said that “shipyards play a critical role in steering the maritime industry toward sustainability, overseeing everything from innovative ship design to responsible recycling at end-of-life. These entities are not just builders but pioneers in facilitating maritime decarbonization. On the other hand, current shipyard capabilities are stretched thin, leading to long queues and escalating construction costs. Since the financial downturn, there’s been a significant contraction in global shipyard capacities. While ...

We’re pleased to announce that Clarksons is now a member of the Carbon Capture & Storage Association (CCSA). With a growing decarbonisation drive, CO2 is coming into much greater focus for the Clarksons Gases division, which has been at the forefront of LPG, LNG, Ammonia, and Petrochemical Gas shipping for more than five decades. The CCSA is the leading European association accelerating the commercial deployment of carbon capture, utilisation, and storage (CCUS) through advocacy and collaboration. The association works with members, governments, and organisations to ensure CCUS is developed and ...

Nedstack Fuel Cell Technology, a leading provider of hydrogen fuel cell solutions, is delighted to announce that its revolutionary PemGen® 600 containerized fuel cell system has received an Approval in Principle from Bureau Veritas, a world leader in testing, inspection and certification. This approval represents a major milestone in advancing clean and sustainable power generation in the maritime industry. The PemGen® 600 fuel cell system, powered by hydrogen, is specifically engineered to deliver efficient and reliable power generation while operating without emissions. The PemGen® 600 fuel cell system is characterized ...

The inclusion of shipping in the European Union Emissions Trading System (EU ETS) is a significant step towards reducing global greenhouse gas emissions. However, it comes with myriad of challenges, from administrative complexities to financial exposure. Operators in the shipping sector need to be proactive to understand market dynamics, regional regulation and supply-demand intricacies. Optimising positions in this evolving market requires a thorough assessment of risk tolerance, budgeting, and timing; meanwhile, collaboration and partnerships can provide a competitive edge. In a recent webinar on ‘Shipping’s Inclusion in the EU Emissions ...

Neoline Armateur reaches a historic milestone with the start of the construction of its very first sailing ro-ro vessel , marked by the official cutting of its first sheet metal, “Steel Cutting”, a year and a half before the ship is due to enter into service in June 2025. The Construction of the Neoliner begins with the “steel cutting” on November 8, 2023 at RMK Marine’s Tuzla shipyard in Turkey. The Neoliner, a 136m sail-powered ro-ro cargo ship will operate a transatlantic rotation between the ports of Saint-Nazaire, Saint-Pierre-et-Miquelon, Baltimore ...

Eco Marine Power (EMP) announced today it has partnered with Surfwave Inc., of Japan to bring the SurfGate cloud communication & power-saving gateway router to the maritime market. The SurfGate router is an IoT (Internet of Things) gateway that is compatible with all types of IoT needs. In addition to conventional Ethernet, RS485/232 serial ports, and wireless LAN, it can also support EnOcean and BLE (Bluetooth Low Energy) providing a rich interface for connecting various types of sensors and actuators. An Internet of Things (IoT) gateway is a key component ...

On November 7, 2023, just a year after Corporación Nacional del Cobre de Chile (CODELCO), a Chilean state-owned company and one of the world’s leading copper producers, and NYK Bulk & Project Carriers Ltd. (NBP), an NYK Group company, signed a memorandum of understanding (MoU) in Singapore (November 24, 2022) to jointly study the decarbonized transportation of copper products, we can announce that substantial progress has been made through the signing of an MoU by NBP, Oshima Shipbuilding Co., Ltd. (OSHIMA) and Sumitomo Corporation (SUMITOMO) to study, design and construct ...

Pelagus 3D successfully delivered a Return Oil Standpipe at Kobe, Japan, to be installed on vessel TYSLA. This pioneering collaboration involved Kawasaki Heavy Industries and Wilhelmsen Ship Management. The part was delivered to vessel TYSLA, a RoRo vessel owned by Wallenius Wilhelmsen, and Wilhelmsen Ship Management is the ship manager. Pelagus 3D and Kawasaki Heavy Industries representatives onboard Vessel TYSLA, handing over the return oil standpipe spare part to the vessel’s captain. Traditionally, the procurement, fabrication, and delivery of specific spare parts has been a time-consuming process, often leading to ...

Brazilian mining giant Vale S.A. has announced that it is to install five Rotor Sails from Anemoi Marine Technologies Ltd (“Anemoi”), one of the world’s leading suppliers of wind-assisted propulsion technology for commercial vessels, onboard a 400,000 dwt Valemax, the world’s largest ore carrier. The vessel is owned by Omani shipowner, Asyad. The agreement between Vale and Anemoi will see five 35 m tall, 5 m in diameter, cylindrical sails installed on the Sohar Max VLOC. The Rotor Sails will be installed on Anemoi’s bespoke folding deployment system, whereby the ...

StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, announced today the launch of their EU ETS solution, a new tool designed to address the demands of the EU Emissions Trading System (EU ETS) for the shipping industry. The solution enables shipping companies to build a validated data stream that helps stakeholders better understand their EU ETS exposure when developing EUA strategies. “All data collected onboard through StormGeo’s s-Insight platform are thoroughly checked by StormGeo’s digital validation rules,” says Petter Andersen, Senior Vice President ...

NYK Line (“NYK”) and NTT DATA JAPAN CORPORATION (“NTT DATA”) will establish a system to aggregate total greenhouse gas (“GHG”) emissions from the NYK head office and approximately 80 domestic and overseas consolidated subsidiaries by December 2023 to visualize the NYK Group’s GHG emissions in a comprehensive manner. Of the NYK Group’s GHG emissions, all of the following have already been disclosed: Scope 1 emissions, which represent direct emissions from fuel use, etc.; Scope 2 emissions, which represent indirect emissions from electricity use, etc.; and some categories of Scope 3 ...

LNG bunker vessel, Alice Cosulich has set sail for Europe from Qidong, China. The Fratelli Cosulich-owned, 8,200Cbm capacity vessel is on a long-term time charter agreement to Titan, the independent supplier of clean fuels. Alice Cosulich will be operational in Europe from early December 2023 and will be immediately busy facilitating supply. The bunkering vessel has an LNG and liquified biomethane (LBM) bunkering capacity of 8,200 m3 and will operate predominantly in the ARA area for now. The addition of Alice Cosulich to Titan’s fleet increases the flexibility of its ...

Wallenius Wilhelmsen, the global RoRo shipping and vehicle logistics company, has ordered 4 × MAN B&W 7S60ME-C10.5-LGIM (-Liquid Gas Injection Methanol) dual-fuel engines capable of running on green methanol in connection with the construction of 4 × PCTCs (Pure Car/Truck carriers). The 9,300 CEU (Car Equivalent Unit) vessels will be built in China at the Jinling Shipyard (Jiangsu) and are scheduled for delivery from mid-2026 on; the order contains options for a further eight such vessels. Xavier Leroi, EVP & COO Shipping Services, Wallenius Wilhelmsen, said: “We are securing our ...

More than 200 participants from the maritime industry, academia, students and government agencies took part in the annual Singapore Maritime Institute (SMI) Forum today to share and discuss the latest research and development (R&D) advancements in maritime decarbonisation technologies. Themed “Towards Maritime Net Zero: R&D Pathways to 2030 and Beyond”, the 13th edition of the flagship SMI Forum discussed challenges and opportunities in the net zero transition, and R&D’s contributions to accelerate Maritime Singapore and global maritime decarbonisation efforts. In his welcome address, Professor Low Teck Seng, Chairman of SMI, ...