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South Korea Unveils $697 Million Fund to Boost Alternative Fuel Adoption
Jan 22, 2025 ... post. Out of the KRW 1 trillion fund, about KRW 600 billion will be invested in developing LNG, methanol and ammonia storage facilities across South Korean ports by 2030. The remaining KRW ...
U-Ming Expands into LNG Market in Partnership with K-Line
Jan 22, 2025 ... shipowner U-Ming has teamed up with Japanese shipping firm Kawasaki Kisen (K-Line) to expand LNG transport. The two companies will form a joint venture focused on LNG carrier operations, ...
Wärtsilä to Supply CMA CGM with LNG Engines Featuring Low Methane Slip
Jan 21, 2025 ... ship engine manufacturer Wärtsilä will supply dual-fuel LNG engines, featuring low methane slip technology, to eight new CMA CGM boxships currently under construction at the Shanghai ...
UECC Safeguards Clients from FuelEU Surcharge Impact with Alternative Fuels
Jan 21, 2025 ... United European Car Carriers (UECC) says that by proactively adopting biofuel blends and bio-LNG in its fleet, the company has eliminated FuelEU Maritime compliance surcharge for its ...
Zhoushan's Bunker Sales Rose by 3% in 2024
Jan 20, 2025 ... enabling priority bunkering for large ships and orders. While the port has not revealed its LNG sales volume for 2024, it did increase its LNG bunker suppliers to two. The port plans to ...
CMA CGM Takes Delivery of Another LNG-Fuelled Boxship
Jan 20, 2025 ... Saint Anne, a 7,300 TEU capacity container vessel. This marks the tenth vessel in the company's LNG-fuelled series of 7,300 TEU ships, CMA CGM said in a LinkedIn post on Friday. "This vessel ...
Maersk Targets Deployment of 19 Dual-Fuel Methanol Boxships by Year-End
Jan 16, 2025 ... mt/year. Last year, Maersk signalled a shift in strategy by placing orders for 20 dual-fuel LNG vessels, diverging from its previous focus on methanol-powered ships. Sonzio noted that the ...
MOL Secures Time-Charter Agreement with JERA for LNG Newbuild
Jan 15, 2025 ... Mitsui OSK Lines (MOL) has signed a long-term charter deal with power firm JERA for its upcoming LNG carrier. The vessel is being currently constructed by Samsung Heavy Industries' Geoje ...
ANALYSIS: Singapore 2024 Bunker Sales Jump to Record High
Jan 15, 2025 ... share of the total was 39.5%, up from 35.9% the same month a year earlier. Separately, LNG bunker sales surged by 75.6% on the month to 48,300 mt in December, having dropped to a ...
James Fisher and Sons Orders Four LNG-Fuelled Tankers
Jan 15, 2025 ... firm James Fisher and Sons has ordered four new four new LNG-fuelled tankers. Steel cutting for the vessels commenced in November 2024, with the first vessel scheduled to be delivered ...
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BBC Chartering Joins Ahti Pool for FuelEU Compliance

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Cosco Shipping Takes Delivery of Methanol-Ready Bulk Carrier

Cosco Shipping Takes Delivery of Methanol-Ready Bulk Carrier

The vessel is designed to carry large quantities of grain and other cargo.

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Hormuz Disruption an 'Urgent Issue' for Operations, Says MOL CEO

Hormuz Disruption an 'Urgent Issue' for Operations, Says MOL CEO

CEO Jotaro Tamura says crew safety remains the top priority amid ongoing Hormuz disruption.

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