Tag: Largest
STAX Engineering Secures $40M Funding Round for Maritime Emissions Control
STAX Engineering, a pioneer in maritime emissions capture and control, closed a $40M funding round led by Upper90, a leading provider of hybrid growth capital. Upper90 has provided flexible capital to finance the build out of STAX’s fleet of mobile emissions capture and control barges; the expansion will accelerate over the next six months to…
Hapag-Lloyd takes largest ship-to-ship LBM delivery to date made possible by the joint effort of STX Group and Titan Clean Fuels
Titan Clean Fuels, a leading supplier of liquefied natural gas (LNG) and liquefied biomethane (LBM) to shipping customers, and STX Group, a global leader in environmental commodities trading and climate solutions, today announce having successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam.…
MOL Signs Time Charter Contract with Yara, World’s Largest Nitrogen Fertilizer Manufacturer, for Ammonia Carrier
Mitsui O.S.K. Lines, Ltd. announced the signing of a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland SA (YCA Switzerland), a group company of Yara International ASA (Yara; CEO: Svein Tore Holsether, Headquarters: Oslo Norway), the world’s largest nitrogen fertilizer manufacturer. The vessel was delivered on December 25,2023 and…
World’s largest ammonia carriers for Naftomar Shipping to be built by Hanwha Ocean and classed by Bureau Veritas
The order of four VLGCs to be powered by ammonia will support the adoption of carbon-neutral fuels by the shipping industry and the development of supply chains for green hydrogen, with the seaborne carriage of liquid ammonia as a practical means to transport green energy. 5th December 2023 – Shipowner Naftomar Shipping has announced an…
Vale to install Anemoi Rotor Sails on world’s largest ore carrier, making it the largest wind propulsion installation ever
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…
The Switch to supply DC-Hub and unique protection devices for world’s largest marine battery system
Helsinki-headquartered power electronics specialist The Switch will deliver its market-leading DC power distribution solution, The Switch DC-Hub, and ultra-fast Electronic Current Limiter (ECL) and Battery Short-Circuit Limiter (BSCL) protection devices as part of the battery-electric system for the world’s largest fully electric RoPax on order for Argentine ferry operator Buquebus. Technology group Wärtsilä will provide…
Monjasa enables Latin America’s largest ISCC-certified marine biofuels option
By enabling a sustainable and scalable biofuel option for the maritime industry in Latin America, global top 10 marine fuels supplier, Monjasa, prepares for the changing fuel mix of the future. However, Monjasa still awaits the shift away from biofuel trial voyages to a broader pick-up in demand. Drop-in fuels are considered a viable option…
ABS Issues AIP for World’s Largest LNG Carrier
271,000-cubic-meter Vessel from Hudong-Zhonghua Shipyard Represents Largest and Most Efficient Design to Date (SINGAPORE) At Gastech 2023, ABS issued an approval in principle (AIP) to Hudong-Zhonghua (HZ) Shipyard for its new, state-of-the-art liquified natural gas (LNG) carrier design, currently the world’s largest with 271,000 cubic meters of cargo tank capacity.…
EU is Now the Largest Seaborne Importer of Crude Oil
The tanker market has benefited from the fact that the EU is now established as the single largest importer of crude oil by sea. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil prices and risks of economic…
Corvus awarded battery supply for the world`s largest Battery Electric Ship
Corvus Energy, the world’s leading provider of zero-emission solutions for the maritime industry, is pleased to announce that the Company has been selected by technology group Wärtsilä to supply the battery systems for the world`s largest 100% electric lightweight Ro-Pax ferry. With more than 40 MWh of energy storage, it will be the largest battery…
