1. Home
  2. News
  3. News

News

New design of ammonia-ready, LNG-fueled bulker/VLCC completed

glory 28-11-2022 15:28 Area News
Japanese shipping major NYK, Monohakobi Technology Institute Co. (MTI) and Finnish Elomatic Oy have completed the concept design phase of a new Capesize bulk carrier and a very large crude oil tanker (VLCC) in a project...
Read more

K Line sets sights on delivery of ammonia-powered bulker in 2026

glory 28-11-2022 15:14 Area News
Japanese shipping company K Line has secured approval in principle from ClassNK for the design of its ammonia-fueled bulk carrier, paving the way for the company to take delivery of the vessel in 2026. The 200,000...
Read more

Industry majors discuss unlocking net-zero potential of new green corridor with clean ammonia

glory 03-11-2022 19:22 Area News
Energy and maritime organisations have gathered to detail plans to accelerate the development of a green corridor for transportation of iron ore between Australia and East Asia. In June 2022, 13 members of the Getting...
Read more

Amogy to deploy its technology on a tank barge

glory 01-11-2022 19:31 Area News
 Brooklyn-based technology startup Amogy Inc. has entered into a strategic partnership with Southern Devall, formerly Southern Towing Company & Devall Towing, that will enable the commercial debut of Amogy’s ammonia-to-...
Read more

Louisiana to host $7.5 billion clean hydrogen-ammonia production and export project

glory 01-11-2022 17:38 Area News
Singapore-based tanker owner and operator Hafnia has partnered with Clean Hydrogen Works (CHW) to explore the development of a new clean fuel project in Ascension Parish, Louisiana. Hafnia and CHW will collaborate on the...
Read more

Amogy CEO: Our goal is to cut 10 pct of global GHG emissions by 2040

glory 01-11-2022 16:16 Area News
Since the official launch of Amogy in November 2020, the Brooklyn-based technology startup has had several important milestones. The company is building a zero-emission ammonia-to-power system, which aims to enable...
Read more

Grimaldi books construction of five ammonia-ready car carriers

glory 27-10-2022 13:59 Area News
The Italian shipping company Grimaldi Group has signed an order for the construction of five new Pure Car Truck Carriers (PCTCs) with China Merchants Heavy Industries Jiangsu, which is part of China Merchant Industry...
Read more

Capital Ship Management takes delivery of 2nd ammonia-ready VLCC

glory 26-10-2022 21:15 Area News
Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second of two ammonia and LNG fuel-ready sister ships delivered in 2022. The 300,000 dwt, eco-type crude oil, scrubber-fitted...
Read more

Vopak Singapore wants to expand ammonia infrastructure for low-carbon power and bunker fuel

glory 25-10-2022 14:51 Area News
Vopak Singapore, a joint venture between Royal Vopak and the Port of Singapore Authority Corporation, is looking into the expansion of its ammonia storage infrastructure for low-carbon power generation and bunker fuels at...
Read more

Should shipping bid for existing alternative fuels, or wait for technologies to mature?

glory 24-10-2022 21:10 Area News
in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where...
Read more

Our Services

Latest News

28 11, 2022

LIVE BLOG: Offshore Energy Exhibition & Conference 2022

Read more
28 11, 2022

2nd LNG-powered ferry joins TT-Line’s fleet

Read more
28 11, 2022

China’s Gia Shipping welcomes new eco-friendly Kamsarmax bulker

Read more
All news

Currency Rates

Currency Buy Transfer Sell
AUD
AUSTRALIAN DOLLAR 		16,107.67 16,270.38 16,793.02
EUR
EURO 		24,994.17 25,246.63 26,391.35
GBP
POUND STERLING 		28,937.82 29,230.12 30,169.06
HKD
HONGKONG DOLLAR 		3,089.85 3,121.06 3,221.32
JPY
YEN 		173.71 175.46 183.88
RUB
RUSSIAN RUBLE 		- 392.86 434.91
SGD
SINGAPORE DOLLAR 		17,541.34 17,718.53 18,287.69
USD
US DOLLAR 		24,580.00 24,610.00 24,850.00
Rates updated at 29/11/2022 12:24 for reference only