Recently, the Baltic Dry Freight Index, the main measure of bulk carrier market health, has been hovering around 11-year highs. Demand has been sustained by fundamentals, such as an increase in Chinese
In what is adding up to be yet another sign among many that the Biden administration is on board with tougher shipping decarbonization goals, the governments of the U.S., Denmark and Norway,
A new initiative is targeting solid oxide fuel cells (SOFCs) as a key to the optimal utilization of fuels such as ammonia, hydrogen or bio-methane for power production in marine vessels. The
With growing interest in ammonia as a carbon-free future marine fuel, NYK Line, shipbuilder Japan Marine United Corporation, and ClassNK have signed a joint R&D agreement on the commercialization of an ammonia
C-Job Naval Architects’ Niels de Vries has been nominated for the Dutch Maritime Designer Award for his research on “Safe and effective application of ammonia as a marine fuel.” The Maritime Designer
Ammonia can be safely and effectively applied as a marine fuel to reduce harmful emissions according to a new research paper by C-Job Naval Architects, the largest independent ship design and engineering
Ammonia is already being seen as having a lot of promise as a marine fuel that can help world shipping meet IMO’s target of a halving GHG emissions by 2050, As we
