The methanol-fuelled VLCC design from Dalian Shipbuilding Industry (DSIC) and Cosco Shipping Energy Transportation has obtained AiP certificate from the classification societies of CCS and DNV.
In a move which reflects the changing face of Greek shipping the membership of the Union of Greek Shipowners (UGS) has elected the first woman President in its 105-year history.
A new analysis from LNG lobby group SEA-LNG found LNG-powered vessels received better Carbon Intensity Indicator (CII) ratings, allowing them to operate normally beyond 2030.
The shipping industry could rack up costs of $6.0trn in 2020-2050 depending on its decarbonisation pathway, compared to business-as-usual costs of $5.5trn.