GEELY: ‘WORLD’S FIRST’ METHANOL/HYDROGEN ELECTRIC NEWBUILD MAKES INAUGURAL FORAY INTO THE WORLD
Earlier this month, Chinese automaker Geely Holding splashed “the world’s first” methanol/hydrogen, hybrid electric multipurpose riverboat, marking what is claimed to be an important step in the application of this type of marine technology...
PANAMA CANAL READY TO START REWARDING LOW-CARBON SHIPS
Next week, the Panama Canal will launch NetZero Slot, an initiative designed to incentivize Neopanamax vessels powered by clean fuels and equipped with energy-efficient technologies.
With this move, the Panama Canal Authority (ACP) aims to...
OCTOBER HOLDS POTENTIAL TO DRAMATICALLY RESHAPE FUTURE OF SHIPPING
The shipping industry is poised at a critical crossroads, and no matter what decisions emerge in October, they will dramatically reshape the future of the industry. Not only is the International Maritime Organization (IMO)...
WOODSIDE, JSE, KEPCO PLOT AUSTRALIA-JAPAN LIQUID HYDROGEN SUPPLY CHAIN
Australian energy major Woodside has teamed up with Japan Suiso Energy (JSE) and The Kansai Electric Power Co. (KEPCO) to initiate the development of a liquid hydrogen supply chain between Australia and Japan.
The companies...
CALIFORNIA REGULATOR CLEARS PATH FOR US FIRM TO DESIGN AND BUILD ZERO-EMISSION VESSELS
U.S.-based ship design and building company Ghostworks Marine has been given the go-ahead from the California Air Resources Board (CARB) to develop and manufacture zero-emission electric-powered vessels.
As disclosed, with this certification under its belt,...
TWO VESSELS ARRIVE TO HELP GROUNDED FREIGHTER IN NORTHWEST PASSAGE
Two vessels have arrived at the site of the grounding of the Thamesborg in the Northwest Passage, the ultra-remote maze of narrows and inlets north of mainland Canada.
The freighter Thamesborg was en route from...
CHIEF ENGINEER PLEADS GUILTY IN 2024 MSC RUNAWAY INCIDENT IN CHARLESTON
The chief engineer working on the MSC Michigan VII in June 2024, when the vessel had a runaway incident as it was departing Charleston, South Carolina, entered into a plea agreement with the U.S....
DEME’S NEW OFFSHORE CONSTRUCTION VESSEL TO BE BUILT IN CHINA, DELIVERY IN 2028
DEME Group has ordered a new offshore construction vessel (OCV) that will be capable of performing trenching, burial, and cable-laying operations and is set to have a methanol-ready propulsion design for future fuel flexibility.
The...
AHEAD OF IMO MEETING, CRITIQUES OF NET-ZERO FRAMEWORK EMERGE
Following the Trump administration's pointed criticism of the IMO's net zero greenhouse gas framework, a growing chorus of voices from industry are proposing to relax the terms of the agreement, which was tentatively approved...
CONSTRUCTION UPDATE AS WIND-POWERED CARGO TRIMARAN GETS BIOPHARMA CUSTOMER
Construction on what is being billed as the first of a fleet of wind-powered cargo trimaran vessels is proceeding as the French company Vela Transport reports it has booked a major biopharmaceutical client for...