Samsung Heavy Industries (SHI) has signed a KRW4.57 trillion ($3.4 billion) contract with a Middle Eastern shipowner to provide 15 LNG carriers with a length of 170,4000 cubic metres (m3) by October 2028.The contract amount reportedly surpasses the company’s previous record for the largest singl...

NatPower H, a company of the NatPower group, has announced a €100 million ($108 million) green hydrogen refuelling infrastructure for recreational boating in Italy, the first of its kind in the nation.This venture envisions the establishment of at least 100 hydrogen refuelling stations over the ...

The International Chamber of Shipping (ICS) has submitted a detailed proposal to the International Maritime Organization (IMO) for a Zero Emission Shipping Fund (ZESF).In acknowledgment of the importance of moving forward with feasible solutions to fulfil net zero objectives, shipowners globally ...

Lloyd’s Register (LR) and Green Marine have joined forces to offer solutions to maritime stakeholders looking to construct, retrofit, and operate vessels using methanol-as-fuel technology, with a primary emphasis on training.According to LR, methanol’s use introduces challenges for seafarers in...

Ports of Stockholm, in collaboration with many other ports and stakeholders, has received approval to apply for EU funding for three sustainability initiatives.The major focus of the projects is the development of the electricity infrastructure. This will reportedly support the transition to gree...

UK Maritime Minister, Lord Davies, has announced the winners of £33 million ($42 million) of government funding to develop green technologies for ports and ships. This is to accelerate the UK’s race to decarbonise the sector while supporting jobs in coastal communities across the country, helpi...