In South Korea, Global Economics reports Taiwan’s Evergreen Marine is considering ordering eleven 24,000 TEU LNG dual-fuel container ships from South Korean and Chinese shipyards, with each vessel priced at over $250 million, bringing the total investment to $2.75 billion, according to reporting by LNG Prime on the 22nd. The move marks a shift from […]
In South Korea, HJ Shipbuilding & Construction delivered a 272-meter-long, 22-knot 7,700 TEU LNG dual-fuel container ship to a European owner on the 20th at its Yeongdo shipyard in Busan. The vessel, the first of two ordered in 2022, features an eco-friendly design that meets International Maritime Organization emission regulations. The delivery signing ceremony took […]
In China, South China Morning Post reports Hong Kong and China Gas (Towngas) and Singapore’s Global Energy Trading signed a memorandum of understanding to develop a green methanol supply chain across Asia, focusing on decarbonizing the shipping industry, which aims to reach net-zero carbon emissions by 2050. Towngas began producing green methanol in 2023 at […]
In Ireland, Manifold Times reports Dublin Bay Cruises announced it had transitioned to Hydrogenated Vegetable Oil fuel for its passenger ship St. Bridget, becoming Ireland’s first domestic passenger ship operator to adopt the sustainable fuel. The initiative involved remanufacturing St. Bridget’s engines, cutting emissions by up to 90% and exceeding EU and Irish climate targets. […]
In Egypt, on January 22, 2025, Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, met with IMO Secretary-General Arsenio Dominguez in Ismailia, Egypt, to discuss the gradual return of major shipping lines as security stabilizes in the Red Sea. The meeting coincided with the opening of the IMO’s regional office in Egypt and ongoing […]
In the UK, Offshore Energy reports on January 16, 2025, the UK government announced £30 million in funding under the sixth round of the Clean Maritime Demonstration Competition, aimed at advancing clean maritime technologies like wind propulsion, hydrogen, ammonia, and methanol across coastal communities and businesses. Projects funded in previous CMDC rounds include Britain’s first […]
In Germany, energy company Mabanaft announced a multi-million-euro project to convert four tanks at its Blumensand terminal in the Port of Hamburg for methanol storage, aiming to support northern Germany’s transition to low-carbon fuels by 2027. The tanks, with a combined capacity of 20,000 cubic meters, will be converted in two stages, pending approval from […]
In California, Daily Breeze reported The Port of Los Angeles announced a $31 million grant from the California Air Resources Board to demonstrate emission-reduction technologies on harbor craft, in collaboration with Catalina Express and Harbor Breeze Cruises. The project, named the Los Angeles Marine Emission Reduction project, includes replacing three older ferries operated by Catalina […]
In The Netherlands, Engine Online reported on January 21, 2025, liquefied biomethane and biofuel B100 were priced lower than fossil fuel alternatives for Rotterdam-EU routes under FuelEU Maritime regulations. LBM benefits from pooling mechanisms and compliance adjustments that significantly lower its effective cost. For diesel slow-speed engines with a 0.2% methane slip, LBM earns an […]
In Norway, United European Car Carriers announced that it will not impose surcharges on customers, thanks to its early adoption of low-carbon biofuels and liquefied biomethane, avoiding penalties under the new FuelEU Maritime (FEUM) regulations. “UECC will change absolutely nothing about its pricing structure in relation to FEUM,” said Daniel Gent, UECC’s Energy & Sustainability […]
