Maritime clean technology company Silverstream Technologies and Chinese shipyard group COSCO Shipping Heavy Industry Co. Ltd (CHI) have signed a high-level memorandum of understanding (MOU) which will explore opportunities to install the Silverstream® System in CHI shipyards. The MOU will foster a deeper level of collaboration between the two organisations and will enable Silverstream to assess how its technology could be licensed to fit within CHI’s technology portfolio. The agreement will also enable Silverstream to investigate additional options for the fabrication and supply of components of the Silverstream® System in ...

Maritime UK, the collective voice for the UK’s maritime industries, has used the start of London International Shipping Week to highlight the need for £2 billion private and public sector investment per year to deliver its target to decarbonise by 2050, and further to support an ambition to become a global leader in decarbonisation. Securing this level of funding would help the industry decarbonise by developing green fuels, port infrastructure and new types of technology, enabling an overall reduction in carbon emissions. To successfully meet the challenges ahead and achieve ...

Northern Lights is increasing CO2 shipping capacity with its third LCO2 carrier. Like the first two vessels, the gas equipment specialist Svanehøj will supply the cargo pump system. The three ships are the world’s largest of their kind, and the order represents a significant milestone for Svanehøj’s ambitions in Carbon Capture and Storage. Svanehøj has added the world’s three largest dedicated CO2 ships to its reference list. In 2022, the Danish gas equipment specialist was chosen as the cargo pump supplier for the first two Northern Lights LCO2 carriers. Earlier ...

ABS joins project partners EPS, HHI and HHI Engine & Machinery Division, MAN Energy Solutions and the Maritime and Port Authority of Singapore. Fueled by ammonia and liquified natural gas (LNG), the 88K/93K cbm vessel design is expected to meet the demand for greenhouse gas reduction, in compliance with the latest International Maritime Organization (IMO) emission regulations. Four vessels are planned for construction at the HHI Ulsan shipyard in Korea. “ABS is honored to join EPS and this esteemed group of companies. With our technical expertise, long successful history with ...

ABS has issued an approval in principle (AIP) to Hanwha Ocean for its design of a liquified natural gas (LNG) carrier equipped with an ammonia-fueled gas turbine. ABS also issued an AIP to Hanwha Power Systems for its supercritical carbon dioxide (sCO2) power system. Efficiency improvements are reported as a result of using sCO2 as a working fluid in the turbine. The 174,000 cbm vessel would be the world’s first carbon emission free LNG carrier. The LNG carrier can use ammonia and natural gas separately or simultaneously as fuel. If ...

KR (Korean Register) has granted an Approval In Principle (AIP) for a liquefied carbon dioxide (LCO2) cargo tank design, developed by Hyundai Mipo Dockyard (HMD) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE), during GASTECH 2023, held in Singapore on 7 September. This AIP is the outcome of a successful collaborative joint project involving KR, HMD and HD KSOE. HMD designed the cargo tank, HD KSOE conducted an engineering critical assessment (ECA), and KR ensured the design’s suitability by reviewing classification rules and international regulations. The development of the ...

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that marine biofuel was supplied by Peninsula, the leading global independent marine energy supplier, to the Capesize bulker “CAPE AMAL” with charterer BHP, a globally renowned resources company and a long- term partner with shared goals to abate shipping carbon emissions. The marine biofuel was delivered to the vessel at Hong Kong on August 11, 2023. The vessel started using the biofuel from August 29, 2023. Marine biofuel has the potential to become an environmentally friendly alternative fuel, and the ...

Maersk (Maersk) and Equinor have signed an agreement securing supply of green methanol for Maersk’s landmark, new methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024. The agreement ensures green methanol supply for the ship from its entry into operation on a loop from Northern Europe into the Baltic Sea after the name giving ceremony later this month in Copenhagen. The green methanol will be bunkered in Rotterdam. The biomethanol is produced from biogas from manure. The biogas is upgraded ...

Mitsui O.S.K. Lines, Ltd. (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte. Ltd (Shell) have signed a Memorandum of Understanding (MoU) to agree a joint focus on advancement of alternative maritime solutions and managing carbon emissions liabilities holistically. The companies will harness their unique perspectives as a fuel supplier and shipping company to navigate choices in the development of green future marine fuels. MOL group has positioned its environmental strategy as one of the key strategies in its “BLUE ACTION 2035″ management plan, and ...

ClassNK, Consort Bunkers Pte Ltd, Daihatsu Diesel Mfg. Co.,Ltd., Daikai Engineering Pte. Ltd., and SeaTech Solutions International (S) Pte Ltd. have concluded a Memorandum of Understanding concerning a joint study on an ammonia fueled ammonia bunkering tanker. The MOU was signed by representatives of all five parties with the presence of an official from Maritime and Port Authority of Singapore at the “Gastech2023” held in Singapore. Amid expectation for using ammonia fuel in pursuit of shipping decarbonization, bunkering ships for ammonia fueled ships will play an essential role in the ...

bound4blue, the European technology developer of automated wind-assisted propulsion systems for the maritime transport based in Spain, has secured a €15.9M Series A funding round led by GTT Strategic Ventures, with the participation of the EIC Fund (European Innovation Council), Shift4Good, Louis Dreyfus Company Ventures, the Sustainable Ocean Alliance, Sun Returns, Kai Capital and existing investors including the Ocean Born Foundation and CDTI (Centre for the Development of Technology and Innovation) through the co-investment initiative of Innvierte program. The new investors join the historic shareholders of bound4blue, institutional and private ...

ABS issued an approval in principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) for its ammonia reductant supply system for selective catalytic reduction (SCR) in ammonia-fueled ships. Representatives from both companies and the Liberian International Ship & Corporate Registry (LISCR) met at Gastech 2023 for the AIP presentation. The system utilizes the ammonia carried on board as the SCR reductant to remove NOx from emissions as opposed to the urea used in traditional diesel propulsion. In addition, the AIP includes a plan ...

Mitsui O.S.K. Lines, Ltd. announced that MOL has become the first Japanese shipping company to participate in the non-profit organization “Leadership Initiative to Promote Maritime Cluster Innovation and the Blue Economy (Note),” organized by Washington Maritime Blue (WMB; CEO: Joshua Berger; Headquarters: Seattle, Washington, U.S.) , a strategic alliance for the collaborative creation of a sustainable maritime industry. WMB membership encompasses more than 150 maritime organizations such as port authorities, port management companies, tugboat companies, classification societies, industry associations, research institutes, and government agencies as well as shipping companies, plus ...

bound4blue, the European technology developer of automated wind-assisted propulsion systems for the maritime transport based in Spain, has secured a €15.9M Series A funding round led by GTT Strategic Ventures, with the participation of the EIC Fund (European Innovation Council), Shift4Good, Louis Dreyfus Company Ventures, the Sustainable Ocean Alliance, Sun Returns, Kai Capital and existing investors including the Ocean Born Foundation and CDTI (Centre for the Development of Technology and Innovation) through the co-investment initiative of Innvierte program. The new investors join the historic shareholders of bound4blue, institutional and private ...

ABS issued an approval in principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) for its ammonia reductant supply system for selective catalytic reduction (SCR) in ammonia-fueled ships. Representatives from both companies and the Liberian International Ship & Corporate Registry (LISCR) met at Gastech 2023 for the AIP presentation. The system utilizes the ammonia carried on board as the SCR reductant to remove NOx from emissions as opposed to the urea used in traditional diesel propulsion. In addition, the AIP includes a plan ...