In South Korea, HD Hyundai has signed a joint development agreement with the American Bureau of Shipping to design a nuclear electric propulsion system for 16,000 TEU container ships, using a small modular reactor capable of supplying up to 100 megawatts of power. The SMR will drive an electric propulsion system with twin screw propellers […]
In China, Qingdao Daily reports Qingdao Port has completed its first routine green methanol bunkering operation, supplying 2,500 tons to two international vessels simultaneously from a single tanker, the first time the “one vessel, multiple recipients” model has been used in China. The methanol, produced in Shandong province and certified under ISCC EU standards with […]
In China, Sina Finance reported that escalating Middle East conflict following U.S. and Israeli airstrikes on Iranian targets on Feb. 28 and Iran’s subsequent move to block the Strait of Hormuz have disrupted global methanol shipping routes, tightening supply chains that carry a large share of the world’s seaborne methanol trade. The strait carries about […]
In the United Kingdom, Barclays said in a February 2026 report that the global energy transition is evolving less as a clean break from fossil fuels and more as a vast expansion of the energy system, where new sources such as renewables, hydrogen, ammonia and methanol are added alongside existing fuels to meet rising demand. […]
In Belgium, the United Nations Environment Programme Finance Initiative and the European Banking Federation said banks, policymakers and industry leaders are working to turn the European Union’s Sustainable Transport Investment Plan into real projects, warning that aviation and shipping will need far stronger financial support to scale cleaner fuels. The plan from the European Commission […]
In Hong Kong, Manifold Times reports energy firms CLPe and CNOOC completed the city’s first ship to ship LNG refueling of a giant oil tanker when a fuel supply vessel delivered liquefied natural gas to the tanker Maran Dione at the South Cheung Chau Anchorage. The transfer took about seven hours and marked a milestone […]
In Spain, energy company Moeve has taken the final investment decision to begin construction of the first phase of the Andalusian Green Hydrogen Valley near Huelva, launching what the company says will be Southern Europe’s largest green hydrogen project and a new source of fuel for aviation, shipping and heavy industry. The first phase, known […]
In Brazil, biofuels producer Be8 and shipping company Navegação Aliança carried out a trial using 100% Be8 BeVant biofuel aboard the vessel NM João Malmann on inland waterways in Rio Grande do Sul, testing the fuel on a working cargo route. The vessel sailed more than 50 hours between Porto Alegre, Rio Grande, Pelotas and […]
In India, the Ministry of New and Renewable Energy has issued the country’s first national definition of green ammonia under the National Green Hydrogen Mission, setting emissions limits and production criteria for the product. The standard states that green ammonia must be produced using green hydrogen generated from renewable energy. Electricity used to produce that […]
In the United Kingdom, Anemoi Marine Technologies and Lloyd’s Register have published a technical paper urging the shipping industry to align how it measures the performance of wind assisted propulsion systems, arguing that a common approach would make fuel savings easier to verify and compare. The paper looks at how three existing methods fit together: […]
