DNV: Five Alternative Fueled Vessels Ordered in March
According to the latest figures from DNV’s AFI platform, five new orders for alternative fueled vessels were confirmed in March 2024: two methanol, two ammonia and one LNG.Although this was a quiet month for the ordering of alternative fueled vessels, the overall trend remains strong, says DNV. For the first three months of 2024, 68 orders for alternative fueled vessels were made, compared to 44 in the first three months of 2023, representing year-on-year growth of over 50%.Jason Stefanatos…
World’s First Ammonia-powered Containership Ordered
Partners behind a project to develop the world’s first ammonia-powered containership have placed an order to build the groundbreaking vessel at Qingdao Yangfan Shipbuilding, in China.Expected to be delivered by mid-2026, the 1,400 TEU ice-class containership Yara Eyde will run on ammonia as fuel, serving routes between Norway and Germany.The vessel will be owned by Delphis, the container division of CMB.TECH, and operated by NCL Oslofjord AS, a joint venture between North Sea…
X-Press Feeders to Use Green Methanol in Q2 2024
Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024, a senior executive said on Tuesday.The move comes as the European Union will extend its Emissions Trading System (ETS) next year to cover carbon dioxide emissions for all ships of 5,000 gross tonnage and above entering EU ports.Shippers can buy carbon credits to offset emissions or burn lower-carbon fuels such as methanol and biofuels, although supply of these fuels is limited.
Methanol Superstorage Solution for Existing Ships Earns LR AIP
A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle (AIP) from Lloyd’s Register (LR). Methanol Superstorage offers the potential for ships with years of service ahead to be considered for transition to this alternative marine fuel.While renewably-sourced methanol fits the net-zero framework laid out by the IMO, and is fairly easy to store and handle, it takes twice as much to generate the same energy as HFO. On board ship…
Ex-McDonald's in Russia Feeds Waste Cooking Oil to Fuel Gazprom Neft's Vessels
Russia's successor to McDonald's has teamed up with energy company Gazprom Neft to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints, the companies said on Thursday.Russia has said it was still committed to its climate targets despite the deepest political rift with the West in decades. Biofuels are widely considered to be less harmful in terms of emissions than conventional fuels.Gazprom Neft's bunkering business subsidiary…
