Tag: ORIX Corporation

ORIX to conduct a sea trial using biofuel in the owned vessel

ORIX to conduct a sea trial using biofuel in the owned vessel

November 22, 2024 |

In Japan, ORIX Corporation announced that it will conduct a sea trial using biofuel for ship operations in the ORIX-owned vessel currently chartered by Dampskibsselskabet NORDEN A/S.  This is the first time for ORIX to use biofuels in the owned vessel, the firm said. The sea trial will use a fuel composed of a mix […]

Read More

ORIX Orders Three Next-Gen Eco-Friendly Ships, Including Methanol-Fueled Vessels

ORIX Orders Three Next-Gen Eco-Friendly Ships, Including Methanol-Fueled Vessels

July 9, 2024 |

In Japan, ORIX Corporation announced an order for three environmentally friendly ships, including two methanol dual-fuel bulk carriers. The new vessels comply with the International Maritime Organization’s reinforced greenhouse gas reduction targets and meet the Energy Efficiency Design Index Phase 3 standards, which come into effect in 2025. This order represents ORIX’s first foray into […]

Read More