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Creating the World’s First Ammonia-fueled Vessel Augmenting Safety Measures with Input from Marine Engineers

Creating the World’s First Ammonia-fueled Vessel Augmenting Safety Measures with Input from Marine Engineers
In August 2024, the world’s first ammonia-fueled vessel for commercial-use entered service in Tokyo Bay. This tugboat was developed by NYK and IHI Power Systems Co., Ltd. in collaboration with Nippon Kaiji Kyokai (ClassNK) as part of a Green Innovation (GI) Fund...
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FuelEU Maritime: Smarter compliance could unlock a €250m upside for shipping

FuelEU Maritime: Smarter compliance could unlock a €250m upside for shipping
As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create a net financial gain, potentially around €250 million, according to a recent...
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ABS Publishes Industry-Leading Safety Insights for Ammonia as a Marine Fuel

How does ammonia behave when it leaks in an engine room? How does a cloud of escaped ammonia disperse during bunkering operations? These and many other critical safety questions that must be understood if ammonia is to become widely adopted as a marine fuel are...
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EU targets almost 200 tankers under new Russian sanctions package

EU targets almost 200 tankers under new Russian sanctions package
The EU will blacklist almost 200 “shadow tankers” as part of its 17th sanctions package against Russia, European Commission President Ursula von der Leyen said May 14, confirming some of the most far-reaching restrictions on the illicit fleet to date. Old, often...
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A historic course correction: how the world’s shipping sector is setting sail for net zero

Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is now at the forefront of a unique display of international cooperation. The shift signals that even the world’s largest transport sector can be steered toward climate...
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Edison Opens The American Route: First Long-Term LNG Cargo For The Italian Market

Edison Opens The American Route: First Long-Term LNG Cargo For The Italian Market
Edison announces the arrival in Italy of the first cargo of liquefied natural gas (LNG) from the United States, associated to the contract with Venture Global. The LNG carrier Elisa Aquila, available to Edison fleet for the transport of LNG, after loading the gas from...
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Recent News

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  • HD Hyundai completes world-first ammonia dual-fuel VLAC
  • Crude freight from Middle East Gulf to Asia tops $37 per barrel, up fivefold
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