In Maryland, Green Post Korea reports from May 11 to 14, senior executives from HD Hyundai and Hanwha Ocean joined the 2025 SelectUSA Investment Summit to discuss U.S.-Korea cooperation on shipbuilding with Trump administration officials, exploring new business models and supply chain restructuring, though no specific investment amount was disclosed. According to industry sources, the […]
In Korea, ET News reports on May 14 in Seoul, Democratic Party presidential candidate Lee Jae-myung pledged to make South Korea a “global maritime powerhouse” by investing in smart, green, and specialized shipbuilding technologies, with policies aimed at capturing future markets in LNG, electric, methanol, ammonia, and hydrogen-fueled vessels, though no specific funding amount was […]
In Korea, Oceanpress reports on May 9 in Seoul, Maersk disclosed at the “Global Maritime Decarbonization 2025” seminar that four of its 12 delivered methanol dual-fuel container ships are operating on grey methanol due to persistent engine issues and limited access to green fuel, despite ordering 25 such vessels. Ola Straby, Maersk’s senior ship design […]
In Korea, EBN News Center reports HD Korea Shipbuilding & Offshore Engineering secured ₩2.5 trillion in orders for 22 container ships from shipping lines in Oceania and Asia, as U.S. sanctions on Chinese shipbuilders and new IMO carbon rules drive demand toward Korean-built vessels with dual-fuel engines and emissions control systems. The contracts include four […]
In Texas, SunGas Renewables and partner C2X announced the start of front-end engineering design for the $2 billion Beaver Lake Renewable Energy project in Rapides Parish, Louisiana, marking its final stage of development ahead of expected construction in late 2026. Engineering firms Kiewit and Jacobs will lead FEED based on SunGas’s S1000 syngas modules and […]
In Korea, News1 reports HD Hyundai and Denmark’s A.P. Moller-Maersk signed a memorandum of understanding to jointly test autonomous navigation and decarbonization technologies over six months aboard Maersk methanol-powered container ships built by HD Hyundai, advancing cooperation on ship retrofits and global logistics integration. The trial will apply Avikus’s HiNAS navigation optimization system and HD […]
In China, China Water Transport News reports Sinopec’s China Marine Bunker Supply Company delivered 4,200 tons of bonded B24 marine biofuel to the Maersk container vessel Kirsten Maersk at the Ningbo-Zhoushan Port, setting a new domestic record for the largest single biofuel bunkering and marking China’s progress toward becoming a global center for bonded marine […]
In Australia, Incat Tasmania launched Hull 096, a 130-meter battery-electric catamaran built for South American ferry operator Buquebus, equipped with more than 250 tonnes of batteries and a 40 megawatt-hour energy storage system—the largest marine installation of its kind to date. The vessel, Incat’s ninth for Buquebus, will operate between Buenos Aires and Uruguay, carrying […]
In Denmark, Scandlines announced that its €80 million zero direct emissions freight ferry completed its first sea trial in Turkey’s Sea of Marmara, where shipbuilder Cemre tested the 147-meter vessel’s battery systems, propulsion, and onboard electrical installations in collaboration with Lloyd’s Register and Scandlines engineers. “During the ten-day sea trial, the ship’s batteries and electrical […]
In Australia, Viva Energy supplied a B20 marine biofuel blend—comprising 80% marine distillate and 20% ISCC+ certified biodiesel made from Australian used cooking oil—to Royal Caribbean Group’s Celebrity Edge in Port Jackson, marking Australia’s first commercial cruise ship biofuel trial and testing a low-carbon fuel supply chain valued by Viva at a strategic step toward […]
