TFG Marine, an international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, has christened the first liquefied natural gas (LNG) duel-fueled bunker tanker to join its fleet. TFG Marine The naming ceremony took place in Keppel Bay Harbour, Singapore, on January 30, 2024. The 5,000 dwt newbuild
ACUA Ocean, a manufacturer of hydrogen-powered uncrewed surface vessels (USVs), and Genevos, a hydrogen fuel cell power systems integrator, have signed a memorandum of understanding (MoU) for a commercial collaboration to develop next-generation hydrogen-powered USVs (H-USV). ACUA Ocean The strategic collaboration will focus on the development of a fully integrated
Ireland’s largest bulk port Shannon Foynes and the Port of Rotterdam have signed an agreement to develop a supply-chain corridor for exporting green fuels into Europe produced from the west of Ireland’s limitless wind resource. Port of Rotterdam As informed, the agreement will focus on market and trade development for
Danish methanol-as-marine-fuel consultancy Green Marine has teamed up with Lloyd’s Register (LR) classification society on expert training for methanol handling. Illustration; Image credit: LR The training program is intended for maritime stakeholders that aim to build or retrofit and operate vessels with methanol-as-fuel technology. Methanol, known for its lower carbon
Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Courtesy of Masdar Masdar revealed the agreement on January 30, stating that the partnership aims to source, supply, and deliver green
Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. Wallenius Wilhelmsen The first multi-year shipping contract, valued at approximately $1 billion based on expected volumes is valid for three
The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes of renewable methanol, according to the UK-based research and consultancy firm Maritime Strategies International (MSI). Yara Eyde; Image credit Yara In a new Foresight article, MSI predicts that the next
A Scottish consortium of four renewable and maritime companies has secured funding from the UK Government Department for Transport (DfT) to develop a green hydrogen shore power trial project at the Port of Leith. Courtesy of Forth Ports As disclosed, the project was granted over £535,000 (around $679,000) as part
Japanese companies Japan Petroleum Exploration Co.., Mitsubishi Gas Chemical Co., IHI Corporation, Mitsui & Co., and Mitsui O.S.K. Lines (MOL) have started a joint study for the establishment of the ammonia supply base in Soma area, Fukushima Prefecture. According to the partners, ammonia is a carbon-free fuel that emits no
On Monday, January 29, Japanese shipping major NYK Group broke ground on a test engine facility, aimed at evaluating the safety and practical application of biofuels for maritime use. Image credit: NYK The company’s latest venture towards sustainable shipping is being constructed in Chiba Prefecture. NYK Group companies Boltech Co.,