Dedicated CO2 carriers have gotten past the stage of being concepts that win class societies approvals in principle. China’s Dalian Shipbuilding Industry Co. Ltd. has just booked an order for two carriers,
With carbon capture and storage (CCS) gaining traction as a technology to reduce the impact of CO2 emissions, maritime transport will play a key role in the CCS value chain. This is
With increasing attention being paid to carbon capture as means of combating climate change, the question that arises is “what do you do with the carbon, once it’s captured?” Whatever its destination,
Tampa, Fla., based Overseas Shipholding Group, Inc. (NYSE: OSG) has been awarded $3,000,000 by the U.S. Department of Energy for the engineering and design of an articulated tug and barge unit (ATB).
Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South
By Sean McLaughlin, Strategy Consultant, Houlder The shipping industry’s decarbonization will partly rely on transportation of CO2. Sean McLaughlin, Strategy Consultant at design and engineering consultancy, Houlder, emphasizes how, as the need
With seaborne carriage of ammonia cargoes predicted to soar, HD Korea Shipbuilding & Offshore Engineering has booked orders to build the world’s first four next-generation 88,000 cubic meter eco-friendly very large ammonia
Car carrier fires continue to make the headlines, raising questions about the risks raised by electrical vehicles (EVs). In response, the International Union of Marine Insurance (IUMI) has researched these claims and
By eliminating unladen voyages by single-purpose tankers and dry bulkers, combination carriers already deliver major energy savings. Now Oslo-headquartered Klaveness Combination Carriers (KCC) says that these can be increased. Through a subsidiary,
The Naples-headquartered Grimaldi Group is going all in on car carriers — and ammonia-readiness. It has opened the new year by placing an order for five 9,000 CEU (Car Equivalent Unit) pure
