SK Incheon Petrochem has launched Korea’s first bio marine fuel, B30, comprising 30% bio-based materials and 70% Straight Run Fuel Oil (SRFO). This initiative aims to reduce greenhouse gas emissions in the shipping sector, aligning with international standards and contributing to sustainability in maritime operations. Official supply began on April 26, 2025.
India’s Udupi Cochin Shipyard Limited (UCSL) recently delivered the Wilson Eco 1, the first of six 3,800 DWT green dry cargo vessels to Norway’s Wilson Ship Management AS. This milestone marks a significant achievement in India’s export of eco-friendly maritime solutions. The vessel is part of a green shipping initiative supported by the Norwegian government.
The Bingo42, a new 42,000 dwt bulk carrier, is a collaboration between Japanese shipbuilders Onomichi Dockyard and Tsuneishi Shipbuilding. The vessel’s name symbolizes innovation and sustainability, reflecting the shared goal of designing cutting-edge ships. By working together, the shipyards aim to create more efficient and environmentally friendly vessels for their customers.
BERG Propulsion is transforming the shipping industry with climate neutral propeller shafts made using the GreenForge® process. Three LDA vessels will utilize sustainable wind power, hybrid propulsion, and power management technology from BERG. These vessels will also feature propeller shafts made from recycled scrap steel, reducing CO2 emissions.
The upcoming WISTA International Board meeting in India highlights the organization’s commitment to diversity, inclusion, and leadership in the maritime industry. The conference will focus on sustainable shipping practices, showcasing women’s significant role in shaping the future of the industry. Stakeholders will explore innovative strategies to promote environmental sustainability and build a more inclusive industry.
Hapag-Lloyd is advancing its sustainability efforts by adopting StormGeo’s digital solutions to comply with the FuelEU Maritime regulation, effective January 1, 2025. Utilizing technology for monitoring fuel consumption and emissions, the partnership enhances compliance and environmental performance, showcasing a proactive approach to decarbonization in the shipping industry.
AP Moller-Maersk recently held a name ceremony for its latest dual-fuel-methanol ship at Gateway Terminals India, emphasizing its commitment to sustainable maritime development. The event, attended by top officials and dignitaries including Indian ministers, highlighted India’s role in green shipping initiatives. The newly named Albert Maersk signifies Maersk’s efforts towards decarbonization and use of alternative fuels.
During his visit to New Delhi, IMO Secretary General Arsenio Dominguez praised India’s significant contributions to sustainable shipping and seafarer welfare. He emphasized maritime cooperation and discussed strategies for advancing the sector, highlighting India’s role in promoting green practices and innovations, crucial for a cleaner and more efficient global shipping industry.
International Maritime Organization Secretary General Arsenio Dominguez will visit Mumbai from February 19 to 21, his first trip to India since taking office. He aims to discuss seafarer support, marine protection, and shipping decarbonization, acknowledging India’s crucial role in global trade and sustainable maritime practices during the 2025 Green Shipping Conclave.
NYK has launched a biofuel test run on its coal carrier, the Noshiro Maru, for Tohoku Electric Power Co., Inc. This pioneering move in Japan showcases a commitment to sustainable fuel options in the maritime industry. The collaboration with Mitsubishi Corporation Energy Co., Ltd. highlights the potential for biofuels in reducing carbon emissions.
In 2024, the maritime industry saw a surge in LNG-powered vessels, with 515 ordered, a 38% increase from the previous year. The industry’s commitment to decarbonization is evident, with the number of LNG-fueled ships doubling between 2021 and 2024. Shipowners also showed interest in methanol as an alternative fuel, reflecting a broader shift towards sustainability.
This week’s editorial highlights India’s maritime advancements from 07 to 13 October 2024, including its re-election to the IMO Council and collaborative icebreaker construction with Russia. Key topics include maritime safety improvements, sustainable shipping innovations, and environmental initiatives, positioning India as a pivotal player in the global maritime landscape.
This week’s editorial, from 30 Sep 2024 to 06 Oct 2024, delves into India’s strides in maritime decarbonization, highlighted by the recent high-level conference and the launch of the Indian Ocean Centre of Excellence. With innovations like the Floating CO2 Storage Unit and a focus on sustainable shipping, India is poised to lead in eco-friendly maritime practices.
HIF Global, a leading e-fuels company, has secured a substantial investment from Mitsui OSK Lines (MOL) to expand its projects in the US, Australia, Chile, and Uruguay. This partnership marks the third Japanese investment in 2024, establishing a strong value chain for producing, transporting, and refining e-fuels for a more sustainable future.
