In Denmark, Kvasir Technologies raised €10 million to scale a marine fuel made from lignin-rich agricultural and forestry residues and begin developing its first commercial production plant. European Energy joined existing investors EIFO, Mærsk Growth and Footprint Fund in the Series A round. It also formed KVEEN Biofuels with Kvasir to pursue the planned facility […]
In Belgium, Fortescue agreed to charter up to 12 ammonia-capable Newcastlemax bulk carriers from Bocimar, the dry bulk division of Antwerp-based CMB.TECH. The 210,000-deadweight-ton vessels will carry Fortescue cargoes under an agreement intended to build commercial demand for ammonia as a marine fuel. Up to three will be delivered with dual-fuel ammonia engines and are […]
In China, China Water Transport Network reports Dalian Shipbuilding’s Tianjin yard delivered the CMA CGM Sihano, the third 15,000-TEU methanol dual-fuel container ship it has built for French carrier CMA CGM, 13 days ahead of schedule. The 366-meter vessel can switch between methanol and conventional fuel and meets the International Maritime Organization’s Tier III emissions […]
In Japan, Ship & Bunker reports NYK, Yanmar Power Solutions and ENEOS will equip a new Tokyo dining cruise ship with a hydrogen fuel cell system before it enters service in 2027. The vessel will replace Lady Crystal, which operates from Tennoz Isle. Yanmar will design the fuel cell system, while Toyota Motor Corporation will […]
In the Netherlands, Ship & Bunker reports hydrogen-powered inland shipping company Future Proof Shipping has filed for bankruptcy despite operating three zero-emission container vessels. The Rotterdam-based company entered bankruptcy proceedings on June 2, with the case transferred to the Central Netherlands Court the following day, according to the Dutch Central Insolvency Register. Future Proof Shipping […]
In Spain, El Estretcho Digital reports the Port of Algeciras is moving to extend its European Commission-backed green shipping corridor with Panama into Colombia, linking three countries around alternative fuels, port electrification and lower-emission shipping. Port, shipping and government representatives from Spain, Panama and Colombia met in Algeciras to align the existing Algeciras-Panama and Colombia-Panama […]
In Greece, Greek LNG trading joint venture Atlantic-SEE LNG Trade has doubled its 20-year purchase agreement with Venture Global to 1 million tonnes of US liquefied natural gas annually from 2030. Atlantic-SEE, owned 60% by Greece’s AKTOR Group and 40% by DEPA Commercial, previously agreed to buy at least 500,000 tonnes per year. The expanded […]
In the US, Washington state has launched its first technical assistance program for businesses, fleets, facilities, communities and tribal nations evaluating clean hydrogen and renewable fuels. The Resources for the End-Use Advancement of Clean Hydrogen program, or REACH, is being run by the Washington State Department of Commerce with the Washington State University Energy Program […]
In Hong Kong, OpenGov Asia reports the government will reimburse up to half of the port dues paid by ships bunkering, carrying or operating on specified lower-carbon maritime fuels under two incentive schemes launching June 16. Ocean-going vessels using LNG, methanol, ammonia, hydrogen or biodiesel blends containing at least 20% biofuel can receive refunds covering […]
In Spain, the ports of Barcelona and Shanghai have made their “sister ports” status official with a strategic agreement covering greener fuels, digital operations and stronger trade links between Asia and the Mediterranean. Signed on June 11 by the Port of Barcelona, Shanghai Municipal Transportation Commission and Shanghai International Port Group, the agreement also covers […]
