Hapag-Lloyd has installed a large liquefied natural gas (LNG) storage tank on its LNG-powered 23,600 teu containership, Berlin Express.The LNG tank was installed during the shipbuilding process at Hanwha Ocean in South Korea. The Berlin Express containership is the first...
Prices for LNG have dropped below that of very low sulphur fuel oil (VLSFO) and sales volumes have jumped significantly as owners switch back natural gas.Soaring prices following Russia’s invasion of the Ukraine saw LNG as fuel cost nearly five...
Marine coatings specialists AkzoNobel warns that 30% of the global fleet lack the technology onboard to report Carbon Intensity Indicator (CII) data as required by the International Maritime Organization (IMO). By 21 March next year CII data from the previous year...
The first vessels with WinGD ammonia dual-fuel engines are expected to be in operation in 2026 following engine deliveries in the previous year.WinGD said on Tuesday it was on track to deliver its first X-DF-A dual-fuel ammonia engines by Q1 2025...
Japan has launched its first dual-fuel LNG bunkering vessel which is part of an effort to develop the country’s supply chain and bunkering capabilities.The vessel will be the first to operate specifically in western Japan both to bunker oceangoing vessels...
Chinese shipbuilders have inked 37.67m dwt in newbuilding orders in the first half of 2023 an increase of 67.7% year-on-year.Statistics released by the China Association of the National Shipbuilding Industry (CANSI) showed a 67.7% surge in new conracts in the first half of...