Hellenic Shipping News Worldwide

GCMD’s Project LOTUS confirms long-term operational feasibility of B24 biofuel blend in vessels

The Global Centre for Maritime Decarbonisation (GCMD) yesterday released its Project LOTUS (Long-term impact of continuous use of biofuels on vessel operations) report. Launched in partnership with NYK Line on 9 May 2024, the six-month trial onboard a pure car and truck carrier (PCTC) assessed the impact of continuous use of a B24 blend, comprising …

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Ship Recycling Subdued Last Week with Prices Retreating

The ship recycling market is still experiencing muted sentiment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India, “the market remained relatively strong during most of the week, though it softened toward the end, reflecting some downward adjustment in prices. Buying appetite is still visible, though …

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Dry Bulk Shipping: Indonesian Coal Flows Gradually Rebound

Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery. June marked the lowest monthly volume of the year at around 35 million tonnes, but by August exports had rebounded to nearly 48 million tonnes, surpassing year-ago levels. While first-half flows totaled 236.4 million tonnes, down from 263.0 million tonnes …

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Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption

The transportation industry is one of the highest emitters of greenhouse gases — and among the most primed for change — but the journey to decarbonize remains complex. Stakeholder collaboration will be critical in making sustainable fuel mainstream in aviation and marine. Key Takeaways Reaching net zero by 2050 demands more than ambition — it …

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Maritime Just Transition Task Force launches first interim seafarer training frameworks for the use of ammonia, methanol and hydrogen as fuel

The Maritime Just Transition Task Force (MJTTF) yesterday (17 September) released industry-first training frameworks designed to facilitate the development of training programmes for seafarers for working on ships powered by ammonia, methanol and hydrogen. The training frameworks address the needs of seafarers in entry-level or operational roles and senior officers. They are accompanied by comprehensive …

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IMO Net-Zero Framework is A Starting Point We Can Build On, With Industry Support

“The IMO has a critical role in delivering a unified global framework, something the industry needs if we are to avoid the fragmentation and inefficiencies arising from a patchwork of regional regulation. This is important but it is equally important we get it right.” That was the message to the industry from ABS Chairman and …

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SEAGATE CORPORATION Concludes Agreement on Construction of Electric Tugboat

SEAGATE CORPORATION CO., LTD. (SGC), a consolidated subsidiary of Kawasaki Kisen Kaisha, Ltd. (“K” LINE), officially concluded an agreement today with Kanagawa Dockyard Co., Ltd. (Kanagawa Dockyard) on the construction of an electric tugboat (EV tug, with EV standing for electric vessel) powered by a large-capacity lithium-ion battery. SGC has discussed the detailed design of …

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The Switch reaches 500 shaft generator orders, contributing to decarbonization in global shipping

The Switch, a leading supplier of permanent magnet shaft generators, celebrates its 500th shaft generator order. This milestone underscores the company’s pivotal role in supporting the maritime industry’s transition to cleaner, more efficient shipping. “Reaching 500 orders is a milestone not just for The Switch, but for the shipping industry as a whole,” said Jussi …

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UK’s First Electric Shipping Routes Set to Slash Irish Sea Emissions by a Third

NatPower Marine and Peel Ports Group are set to commence installation of shore power at Heysham in September 2025, with the first plug live in the initial phase and expansion to four across all berths, by 2026. This will enable all Heysham routes within the Irish sea to operate with zero emissions while at berth …

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Accelleron: Shipping must pool carbon-neutral fuel demand with other industries to hit net zero goal

Accelleron unveiled its maritime decarbonization report at London International Shipping Week (LISW25) today with a call on the shipping industry to join the global hydrogen economy by working with other sectors to pool demand for carbon-neutral fuels. In its first report on maritime decarbonization, Accelleron’s Deadlock: What’s Stopping Shipping’s Carbon-Neutral Fuel Transition? argues that “viral” …

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