Latest figures released by DNV from its Alternative Fuels Insight (AFI) platform, reveal an 8% increase in ships ordered or retrofitted with alternative fuel propulsion in 2023.
Lemissoler Navigation and Shanghai Merchant Ship Design and Research Institute (SDARI) received ABS approval in principle (AiP) for their design of a 65,000 dwt methanol-fueled ultramax bulk carrier.
Empire Offshore Wind, a joint venture between Norwegian state company, Equinor, and energy major bp, have pulled out of a wind farm contract at Seatrium valued at more than $250 million.
French firm Louis Dreyfus Armateurs and its subsidiary LD Seaplane has ordered three wind-assisted ro-ros from CSSC Wuchang Shipbuilding for use by Airbus.
Despite a record take-up of green technologies in ships ordered in 2023, thousands of existing vessels will fall into carbon intensity indicator (CII) categories D or E, requiring owners to take action immediately or within the next three years.