Author: Yukta Sharma
Two-thirds of European green shipping fuel projects at risk – analysis
A new study by Transport & Environment (T&E) reveals that two-thirds of European green shipping fuel projects are at risk. T&E’s mapping of green hydrogen initiatives across Europe indicates that nearly 4% of European shipping could utilize green e-fuels by 2030. However, fuel suppliers are hesitant to invest without stronger assurances of future demand. This…
Egypt and Brazil look to enter the ship recycling sector
New final destinations for ships are emerging as both Egypt and Brazil aim to enter the ship recycling industry. Egypt’s transport ministry has signed a memorandum of understanding with El Wehda Industrial Company to develop a shipbreaking yard at Damietta Port. This initiative is part of the government’s effort to reduce reliance on imported scrap…
Havila Shipping bags three-year MPSV extension with Reach Subsea
Norwegian offshore vessel owner Havila Shipping has secured another charter extension from compatriot offshore contractor Reach Subsea for the multipurpose support vessel (MPSV) Havila Subsea. The 2011-built vessel has been contracted to Reach Subsea since October 2021. Initially set to expire at the end of 2023, the contract was extended until the end of 2024.…
ABS and Lloyd’s Register award new ammonia vessel design approval in principle
Athens, Greece — A new ammonia-fueled 3,500 TEU container vessel design has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) and Lloyd’s Register (LR). This milestone results from the collaboration of a cross-industry taskforce including A. P. Møller-Mærsk, MAN Energy Solutions, Deltamarin, Eltronic FuelTech, ABS, and LR, led by the Maersk…
ABS 2024 Outlook Highlights Active Shift in Fleet Composition Toward More Sustainable Fuel Alternatives
ATHENS – The latest research from ABS identifies geopolitical instability, scalability of fuel production, and retrofits to existing vessels as crucial factors influencing the shipping industry’s path to achieving net zero emissions by 2050. The 2024 Outlook report, “Beyond the Horizon: Carbon Neutral Fuel Pathways and Transformational Technologies,” is the sixth in an annual series.…
UMAS evolves to better serve the shipping sector’s decarbonisation needs
UMAS, previously a close collaboration between the UCL Energy Institute shipping research group and UMAS International Ltd., is restructuring to better address the shipping sector’s evolving needs in an era of rapid technological advancements and decarbonisation. As of today, UMAS International will operate under the UMAS brand as an independent technical commercial consultancy, separate from…
Panama Canal increases vessel draft ahead of schedule
The Panama Canal has issued an advisory to shipping lines, announcing that, as of yesterday, the maximum authorized draft has been increased to 13.7 meters. Originally scheduled to take effect on June 15, this change is being implemented earlier due to the anticipated onset of the rainy season in the Panama Canal watershed and the…
In Response to Media Queries on Vessels’ Extended Waiting Times for Berths in the Port of Singapore
The diversion of vessels around the Cape of Good Hope has caused disruptions in vessel arrival schedules at major ports globally, leading to off-schedule arrivals and a “vessel bunching” effect. Since the beginning of 2024, Singapore has experienced a significant increase in vessel arrivals. For tanker and bulk vessels, resupply and bunkering activities within the…
Smart Port Challenge 2024 Expanding Reach Globally
Launch of Smart Port Challenge 2024 The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), announced the launch of the Smart Port Challenge (SPC) 2024 today. This annual event, aimed at attracting start-ups with innovative, technology-driven solutions to address the industry’s key challenges,…
ABS and HD Hyundai Heavy Industries Sign JDP to Advance 3D Printing
(SINGAPORE) ABS and a consortium led by HD Hyundai Heavy Industries (HHI) have signed a groundbreaking joint development agreement (JDP) to enable the onboard manufacture of repair parts. Utilizing a digital library for the design process and 3D printing, or additive manufacturing (AM), the consortium aims to facilitate rapid maintenance, repair, and operations (MRO) for…
