In China, Xinde Marine News reports Shanghai-based Puyin Financial Leasing signed a financing deal with Singapore’s Eastern Pacific Shipping on February 25 for two LNG dual-fuel Neo-Panamax container ships under construction at Jiangsu New Times Shipbuilding. The vessels are designed to meet IMO Tier III emissions standards, emphasizing fuel efficiency and reduced environmental impact. EPS, […]
In Washington D.C., the U.S. Department of Energy on February 28 issued an order modifying regulatory oversight on liquefied natural gas bunkering, clarifying that ship-to-ship LNG transfers for marine fuel use in U.S. waters and international waters will not be considered exports. The decision, which revises a December 2024 order affecting JAX LNG, removes barriers […]
In Norway, the shipping industry’s push for net-zero emissions by 2050 is driving interest in biofuels, but high costs and limited supply remain major barriers, according to DNV’s recently released Energy-Efficiency Measures and Technologies report. The report identifies biofuels as a key compliance tool under FuelEU Maritime, which took effect in January 2025. The regulation, […]
In Denmark, Manifold Times reports Copenhagen Infrastructure Partners has developed an Ammonia Bunkering Operations Manual through its Energy Transition Fund outlining safety protocols for handling ammonia as a marine fuel. The 73-page manual, reviewed by the American Bureau of Shipping, builds on existing gas carrier protocols for loading, discharging, and ship-to-ship transfers, adapting them for […]
In Japan, shipping company Mitsui O.S.K. Lines has joined the e-NG Coalition, a Brussels-based international alliance focused on developing e-methane as a low-carbon fuel, bringing the group’s membership to 20 as of March 1. The coalition, formed in October 2024, promotes e-methane—synthetic methane produced from CO₂ and hydrogen—as a carbon-neutral alternative that can be used […]
In Singapore, the CMA CGM Iron, the first of the French shipping company’s twelve 13,000 TEU dual-fuel methanol containerships built by Hyundai Samho Heavy Industries, made its maiden call at the Port of Singapore on March 4 as part of CMA CGM’s fleet expansion. The vessel, designed to run on methanol and conventional fuel, is […]
In Korea, Today Newspaper reports the US Trade Representative has proposed port fees of $1 million per Chinese-operated ship and $1.5 million for other owners using Chinese-built vessels, a move that could push global ship orders toward South Korea, industry analysts said on March 5. China dominates global shipbuilding, securing 70% of orders in 2023, […]
In California, a proposed Trump administration plan to impose port fees on China-linked vessels could force carriers to drop smaller ports and reroute cargo to major hubs, said Lars Jensen, CEO of Vespucci Maritime, in a interview with the Freight Buyers’ Club at TPM25 March 5. “I’m not all done with my modeling, but the […]
In Italy, Maire, Eni, and Iren have started the permitting process for a plant at Eni’s refinery in northern Italy that will convert 200,000 tons of non-recyclable waste per year into 110,000 tons of circular methanol and 1,500 tons of circular hydrogen using gasification technology from Maire’s technology arm, Nextchem, to produce low-carbon fuels for […]
In Norway, Furetank bunkered 200 tonnes of ISCC-certified BioLNG onto its tanker Fure Viken at the Port of Mongstad, marking its first use of the fuel and aligning with new EU emissions rules, the company announced on February 26. The operation, conducted with STX Group and Molgas, supports compliance with FuelEU Maritime, which mandates a […]
