Decarbonization
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The first hybrid electric vessel built in South America will use a Corvus battery system
Corvus Energy is pleased to supply the battery energy storage system onboard the Magellan Discoverer— the first hybrid diesel-electric vessel…
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Wave of Caribbean nations shift balance on a global carbon levy on shipping at UN
Small Island states have ramped up pressure for the adoption of a global carbon price on international shipping, in this…
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NYK and Astomos Energy Christen New Dual-Fuel LPG Carrier First new joint ownership with Astomos Energy in 21 Years
On March 1, a naming ceremony was held at the Sakaide Works of Kawasaki Heavy Industries Ltd. for the first…
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Evaluation and financing is provided to IINO Kaiun Kaisha based on “Zero-Emission Accelerating Ship Finance”
Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK,…
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LNG-fueled Car Carrier CERULEAN ACE Delivered~ MOL Moves Steadily toward Goal of 90 LNG/Methanol-fueled Vessels by 2030
Mitsui O.S.K. Lines, Ltd. announced that on March 13, the LNG-fueled car carrier CERULEAN ACE (Note 1), was delivered at…
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Sail-powered cargo ship ‘shows potential of wind’
Retrofitting giant, rigid sails to a cargo ship has effectively cut its fuel use and carbon dioxide (CO2) emissions, shipping…
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Evaluation and financing is provided to IINO Kaiun Kaisha based on “Zero-Emission Accelerating Ship Finance”
Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK,…
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ENGINE partners with PRIMA Markets on bio-bunker price benchmarks, and launches Fuel Switch Snapshot
Biofuels have become considerably more mainstream as bunker fuels in the past year and market participants are looking for ways…
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OceanScore analysis shows near-tripling of EU ETS costs due to Red Sea crisis
Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for…
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Reports Examine Readiness of Emerging Alternative Fuel Options
The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a…
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