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ABS and lomarlabs Team Up to Accelerate Early-Stage, Innovative Solutions for Global Shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative technologies from early-stage technology companies that aim to reduce emissions, increase fuel…

  • ABS and lomarlabs form Master Research Collaboration Agreement (MRCA)
  • MRCA focuses on reducing emissions, enhancing fuel efficiency, and automating operations
  • First project targets Blaze Energy's compact engine-integrated fuel reformer

EPS receives LPG dual-fuel ammonia carrier from Jiangnan Shipyard

Singapore-based global shipping company Eastern Pacific Shipping (EPS) has taken delivery of an LPG dual-fuel very large ammonia carrier (VLAC) from China’s Jiangnan Shipyard.

  • EPS receives Lilac Cove, 93,000 cbm LPG dual-fuel VLAC from Jiangnan Shipyard
  • Lilac Cove can operate on LPG and traditional marine fuels
  • Second of six VLACs being constructed for EPS at Jiangnan Shipyard

China seizes LNG bunkering vessel market as Korea loses lead

China appears to have monopolized new orders for LNG bunkering vessels (LNGBV) that supply fuel to liquefied natural gas (LNG) propulsion ships at sea.

  • China now leads LNG bunkering vessel market, outpacing Korea
  • 56% of 2024 LNGBV orders went to Chinese shipbuilders
  • Demand for LNG bunkering vessels expected to rise to 208 by 2030

Maersk Boosts Suez Canal Route As Global Container Market Tightens

Maersk, the world’s second-largest shipping group, has boosted its use of the shorter Suez Canal route from Asia to Europe amid a very tight global shipping market driven by port congestion and…

  • Maersk uses Suez Canal for shorter transit times and lower emissions
  • Six major services operate between Asia and Europe via Suez Canal
  • Maersk sees cost savings and emission reductions through Suez Canal shift

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