As something of a stellar year for ship production, 2024 saw a 38% year-on-year increase in orders for alternative-fuelled newbuilds, totalling 515 ships, according to data released by DNV’s Alternative Fuels Insight (AFI) platform. The AFI data suggests that container ship orders led the charge, with 69% of these orders opting for alt-fuels, predominantly (67%) […]
Stellar Shipmanagement Services Pte Ltd, a wholly owned subsidiary of Global Energy Group, has taken delivery of MT Maple, a 4,000 deadweight IMO Type 2 oil and chemical tanker, that also has the distinction of being the first dedicated methanol bunkering tanker to operate out of the Port of Singapore. Built by Sasaki Shipbuilding Co […]
Dr Nicholas Ball, CEO of XFuel, argues that adopting biofuels may help the maritime sector to decarbonise instantly without costly portside or onboard infrastructure The shipping industry’s collective environmental footprint is a growing problem. As other sectors make substantive progress towards UN climate goals, and as public pressure intensifies, the shipping industry’s slow progress is […]