On January 19, 2026, Meyer Turku shipyard began production of the fifth Icon Class vessel for Royal Caribbean Group. The steel-cutting ceremony marked the start of over two years of construction. Scheduled for delivery in summer 2028, this ship will enhance the Royal Caribbean fleet with innovative holiday experiences.
India is rapidly transforming its maritime landscape, aiming to become a global leader in green hydrogen production and clean energy trade. During the India Maritime Week 2025, Union Minister Sarbananda Sonowal announced significant investments and ambitious targets for renewable energy usage in major ports, positioning the nation for a sustainable maritime future.
Keihin Dock, a subsidiary of NYK Group, has partnered with Oceanic Constellations to develop a mass-production system for small unmanned surface vehicles (USVs). This collaboration aims to enhance ocean monitoring in Japan by deploying multiple USVs equipped with advanced sensors, addressing marine challenges and promoting innovative environmental solutions.
ABB has signed a term sheet with SwitcH2 to deliver automation and electrification solutions for a floating production, storage, and offloading (FPSO) unit off Portugal’s coast. This facility will produce green ammonia from green hydrogen, addressing the demand for low-carbon marine fuels while utilizing renewable energy and advanced integrated control systems.
Larsen & Toubro Ltd (L&T) plans to invest ₹1,000 crore to expand its shipbuilding complex in Katupalli, Tamil Nadu. The project aims to enhance production capacity, with a target of producing 50,000 tons and constructing 25 new ships annually. Development is set to begin in October, with completion expected in three years.
The Kassø e-methanol facility in Aabenraa, Denmark, has opened as the world’s first large-scale commercial site for e-methanol production. Developed by European Energy and Mitsui & Co., it aims to significantly reduce carbon emissions, supplying major clients like Maersk with sustainable fuel for their operations.
A recent study by UMAS and UCL Energy Institute Shipping and Oceans Research Group highlights the challenges faced by developing countries in producing e-fuels for the shipping industry. The study reveals that poor access to funding and higher capital costs could nearly double the prices of e-fuels in developing nations compared to developed economies.
