The decarbonisation of shipping and the IMO targets for CO2 reductions by 2030 and 2050 have thrown open the question as to what will be the future fuel, or fuels, of the industry. It is a complex question with no single silver bullet, and one...
Chinese energy enterprise, Zhejiang Energy Group has inked a sales and purchase agreement with ExxonMobil for liquefied natural gas (LNG) supply over a period of 20 years.
Six out of 10 new ships ordered by 2025 are predicted to be LNG-powered vessels due to stricter environmental standards in shipping, a South Korean study says.
Qatar Petroleum has launched a tender for up to 100 LNG carrier newbuildings that would more than double the fleet of the world’s largest owner Nakilat.
When Hapag-Lloyd unveiled its ‘Strategy 2023’ towards the end of last year, it was based on the premise that the container shipping market’s rush of consolidation is over.
DNV GL and Keppel Marine and Deepwater Technology (KMDTech), a subsidiary of Keppel Offshore & Marine, have signed a framework agreement to boost the uptake of LNG as ship fuel.
Well-to-wake (WtW) reductions in greenhouse gas (GHG) emissions by using LNG as a marine fuel can be reduced by up to 21% compared with current oil-based bunkers, according to an authoritative independent study commissioned jointly by SEA\LNG, an...
Cosco Shipping Energy Transportation has jointly launched a project with Dalian Shipbuilding Industry (DSIC) to develop the world’s first LNG dual-fuel VLCC.