Tag: progress
Newbuilding LPG-fueled ‘LPG Ammonia Carrier’ for GYXIS, Aquamarine Progress II, Delivered
Mitsui O.S.K. Lines, Ltd. announced that the LPG dual-fuel LPG/ammonia carrier (VLGC) Aquamarine Progress II , ordered by its group company, Aramo Shipping (Singapore) Pte. Ltd. (head office: Singapore), was delivered on April 26 by Namura Shipbuilding Co., Ltd. (President: Kensuke Namura; Head Office: Nishi-Ku, Osaka). The Aquamarine Progress II will sail under a time…
IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels
The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and for this sector’s contribution to minimise the risks of dangerous climate change. The meeting itself was not a point of adoption for measures, but it was a chance to…
Clean Arctic Alliance: Progress Made, But IMO Fails to Act on Black Carbon Emissions, Despite Credible and Direct Pathway
As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 11) closed today in London, the Clean Arctic Alliance called on the IMO to urgently adopt a mandatory regulation requiring ships to move to distillate fuels while operating in and near to the Arctic, and for the maritime sector…
CODELCO and NBP Make Progress on World’s First Zero CO2 Emissions Handymax Bulk Carrier
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…
Progress on safety guidelines for hydrogen- and ammonia-fuelled ships
The Sub-Committee on Carriage of Cargoes and Containers made significant progress on the development of draft interim guidelines for the safety of ships using hydrogen and ammonia as fuel when it met for its ninth session (CCC 9, 20-29 September 2023). Taking into account the urgency of providing guidance to Administrations, shipowners and the industry…
Hybrid progress increases shipowner options
The maritime sector is experiencing a remarkable shift with the emergence of hybrid ships as one solution to achieving net zero in shipping. In a paper, marine technology specialist Wärtsilä examines the latest trends shaping the course of hybrid ship propulsion. From the introduction of novel battery chemistries and the surge in battery power capacity…
Titan and 123Carbon partner on carbon insetting to progress clean fuel transition
Titan, the independent clean fuel supplier and 123Carbon, the first independent blockchain-based carbon insetting platform for the transport sector are today announcing that they have issued the first LNG-based carbon insets, readily available to the market. Carbon insetting enables fuel suppliers and vessel operators to transfer the environmental benefits of clean, lower carbon intensity fuels…
