Ammonia dual-fuel containership MOU signatories

MSC eyes ammonia dual-fuel containership

Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (MOU) that would give it the option of adopting ammonia as a zero-carbon main propulsion fuel for future newbuilding contracts. The other

Eagle Bulk buys two more Ultramaxes

Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) reports that it has purchased two modern high-specification SDARI-64 design, scrubber-fitted Ultramax bulk carriers. This follows the company’s recently-announced acquisition of a similar

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ABS teams with SDARI on next generation feeder vessel

ABS Senior Vice President and Chief Technology Officer Howard Fireman and SDARI President Jintao Hu signed the agreement yesterday in Shanghai, China. Dr. Christina Wang, Vice President of ABS Operational and Environmental Performance (OEP), Dr. Franck Violette, Director of ABS OEP China, and Gangyi Wang, Vice President of SDARI also attended the signing ceremony.

“Changing environmental regulations, unpredictable energy prices and volatile freight rates have made it imperative for ship designers to continuously improve the operational and environmental performance of their next generation designs,” Mr. Fireman said. “ABS is working with industry as designs change and new concepts are introduced.”

The objective of this project is to develop the next-generation feeder design with a focus on operational efficiency and flexibility.

The project will bring together innovative design and technology solutions with a novel concept that incorporates technology-readiness features to enable cost-effective implementation of present and future regulations by applying extensive life-cycle cost analyses. This innovative feeder container carrier design will meet future market and trade needs that are being driven by the increase in ultra-large container carriers and the growth of specific regional markets.

“SDARI has always promoted ship innovation and technology development. At this crucial moment when China is transforming from shipbuilding nation to a shipbuilding power, the collaboration that we have strengthened with ABS in container carriers positions us to generate new concepts based on market demand and to launch cutting-edge products,” says Jintao Hu, “I believe the development of this new generation of feeder container carriers will further strengthen the partnership between SDARI and ABS, promoting the transformation and upgrading of Chinese shipbuilding industry.”