Shipping Still in Dark Over Clean Fuel Solutions, Industry Official Says

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Jan 20, 2023, 2:10:42 PM1/20/23
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January 20, 2023
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The maritime industry's original and most viewed e-news service
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Shipping Still in Dark Over Clean Fuel Solutions, Industry Official Says

Shipping companies are still waiting for "real green" fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy.


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The New Shipping Dilemma – Staying Profitable in a Carbon-Neutral Future

Maintaining the status quo is not an option for global shipping companies in 2023.


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Interview: Tim M. Clerc, VP Engineering, Seacor Marine

Tim Clerc’s maritime career spans half a century, starting with his cadet training in 1969 in the U.K. He sees hybrid technology as one of the most transformational technological developments in


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OSM Maritime and Thome Agree to Merge

OSM Maritime Group and Thome Group have agreed to a merger that will create one of the world's largest ship management companies.The combined company OSM Thome will be headquartered in Arendal


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Insolvency at European Storage Terminal Supports Tank Storage Rates

The insolvency of a major storage terminal planned in northwest Europe has supported regional tank storage rates for diesel and gasoline


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US Fines Greek Ship Owner for Environmental Crimes

The U.S. has imposed a $2 million fine on the owner and operator of a bulk carrier that knowingly committed pollution crimes on the Mississippi River.


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LNG to Play a Leading Role in the Energy Transition, ABS Head Tells USCG Leaders

Liquefied natural gas (LNG) will play a leading role in meeting shipping’s decarbonization goals, Christopher J. Wiernicki, ABS Chairman, President and CEO, said in a keynote speech delivered to U.S.


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US Navy Relieves Two Commanding Officers

The U.S. Navy on Thursday announced it has relieved the commanding officers of two of its U.S. East Coast warships, USS Carney (DDG 64) and USS Mesa Verde (LPD 19).


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Middle East Repair Yards Center Stage

A wave of new investment, including the resergent offshore oil and gas business, drive activity at repair and refit yards in the Middle East. By Paul Bartlett

Future Fuels: Moving toward Ammonia

MAN Energy Solution’s Bjarne Foldager recently hosted MR in Copenhagen at the R&D center for a look under the hood of the new ammonia engine. By Greg Trauthwein

Interview: Tim M. Clerc, Seacor Marine

As Seacor preps to take its 10th hybrid vessel, Tim Clerc, VP Engineering, shares strategy and practical insights on its hybrid fleet development. By Greg Trauthwein

Retrofits could Power U.S. Offshore Wind

As the U.S. aims to fast-track to 30GW of offshore wind by 2030, vessel designers and shipyards eye opportunities to supply the vessels needed. By Paul Bartlett

BDD Christens New Mobile Boat Hoist

New boat lift adds capacity and honors a fallen hero. By Eric Haun


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Production Floater Market Outlook Brightening

IMA/WER has just completed its Annual Review and Five-Year Forecast of Orders for Floating Production Systems. The report:•provides a detailed look back at developments in the deepwater sector over


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Asyad Orders Two LNG Carriers from Hyundai Samho

Oman’s Asyad Shipping has signed an agreement with Korean shipyard Hyundai Samho Heavy Industries to build and deliver two fifth-generation liquefied natural gas (LNG) carriers in 2026.


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Baltic Dry Index Falls to Fresh 2.5-year Low

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended losses on Thursday to a fresh two-and-a-half-year low


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MARAD Offering Nearly $20 Million in Small Shipyard Grant Funding

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Thursday announced the availability of nearly $20 million in Federal Fiscal Year 2023 funding to help modernize small U.S.


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SMST to Deliver Equipment for First Asia-designed CSOV

Marco Polo Marine, the Singapore-based marine logistics company, has awarded SMST the contract for the delivery of a gangway and a crane for its offshore wind Commissioning Service Operations Vessel


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Third Floating LNG Terminal Arrives in Germany

A floating terminal to import liquefied natural gas (LNG) arrived in the port of Brunsbuettel on Friday, the third such vessel to start up in recent weeks as Germany rushes to diversify away from


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Vessel Seeks Other Port on Expected Freeport LNG Delay

At least one liquefied natural gas (LNG) vessel gave up on Freeport LNG's export plant in Texas by Thursday after a growing number of analysts and other sources said the facility would likely not

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