Mitsui O.S.K. Lines, Ltd. announced that it has decided to equip its LR1 product tanker Nexus Victoria (75,000 DWT class) with the “Filtree System,” an onboard CO2 capture system with a SOx scrubber (Note 1) manufactured by Value Maritime B.V. (VM) (Note 2), a Dutch emission reducing technology...
IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine energy and maritime sectors and help facilitate shipping’s decarbonisation efforts....
On April 10, KEYS Azalea, an LNG bunkering vessel owned and operated by KEYS Bunkering West Japan Ltd. (“KEYS”)1 — a joint venture established by Kyushu Electric Power Co., Inc.; NYK Line, ITOCHU ENEX CO., LTD.; and Saibu Gas Co., Ltd. — bunkered LNG for the pure car and truck carrier Daisy Leader2...
ABS and U.S. Department of Energy (DOE) are to collaborate on clean energy development in the maritime domain and decarbonization of maritime operations after signing a new memorandum of understanding (MOU). The agreement between the DOE’s Office of Energy Efficiency and Renewable Energy (EERE) and...
As we mark one year since the enforcement of the Carbon Intensity Indicator (CII) regulation, the maritime industry is reflecting on the impacts and challenges of this important step towards decarbonization. The CII is a measure of a ship’s energy efficiency and has been a focal point for assessing...
AET also signed the Shipbuilding Contracts (SBC) for these two vessels with Dalian Shipbuilding Industry Co., Ltd (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC). The TCP was signed by Mr. Zahid Osman, President & CEO of AET and Mr. Shamsul Bahari Salleh, CEO of PTLCL; and...
Imoto Lines and Marindows, as a first step in transforming the future of domestic maritime shipping, will build the next generation of zero-emission domestic container ships capable of hybrid operation using Japan’s first exchangeable container batteries, alongside onboard batteries, and...
The Zero Emission Maritime Buyers Alliance (ZEMBA), an alliance of freight buyers that includes major retailers — like members Amazon, IKEA and Nike — announced that global container shipping company Hapag-Lloyd has won its first tender for ocean shipping. This tender will achieve at least a 90%...
As the maritime industry navigates towards a more sustainable future, the focus intensifies on the pivotal contributions of dry bulk and tanker vessel size segments in the European Union’s efforts to combat climate change. With the EU leading the charge in implementing stringent environmental...
Today, ZEMBA announced the successful conclusion of its first tender for ocean shipping that achieves at least a 90% reduction of greenhouse gases on a lifecycle basis relative to fossil fuel powered service. Through this deal, more than a dozen ZEMBA members including founding members Amazon,...