Blog

Trafigura Orders Four Dual Fuel Ammonia Powered Vessels

Commodities trader Trafigura has placed an order to HD Hyundai Mipo Dockyard for the construction of four Medium Gas Carriers (MGC) that will be capable of using low carbon ammonia as a propulsion fuel. The vessels will carry LPG or ammonia will be built at HD Hyundai Mipo Dockyard in Ulsan, South Korea. The first ship will be delivered in 2027. Each vessel, when delivered, will be equipped with a dual fuel low-carbon ammonia engine, supporting Trafigura’s commitment to reduce the carbon intensity of its own shipping fleet by 25% by 2030. “We are excited to embark together with HD Hyundai Mipo on this ambitious project which supports our commitments to decarbonising shipping and will help us to develop the global low-carbon ammonia bunkering infrastructure needed for zero-carbon shipping to become a reality,” said Andrea Olivi, Head of Wet Freight for Trafigura. Trafigura is one of the world’s largest charterers of vessels, responsible for more than 5,000 voyages a year with around 400 ships currently under management. The company is one of the few operators to have tested a full range of alternative shipping fuels including LNG, methanol,…

Continue ReadingTrafigura Orders Four Dual Fuel Ammonia Powered Vessels

World’s Largest Hydrogen-Powered RoPax to be Built at Norway’s Myklebust

The designs have been finalized and the shipyard was chosen for an ambitious project to build two of the world’s largest hydrogen-fueled passenger and car ferries. The project has been in development for several years with the designs initially approved in 2022 and now with the shipyard selected, Norway expects the vessels will be delivered in 2026. “There are no other maritime hydrogen projects internationally that come close to the scale and ambitions of this project,” says Marius Hansen Managing Director of Norwegian ferry company Torghatten Nord. He recognizes that extensive time was spent developing the designs for the pioneering vessels noting that there has been a strong focus on safety and developing the Norwegian suppliers. The project selected Myklebust Verft to build the two ferries. They are calling it a big boost for Norwegian technology and the shipyard. The project is expected to set the standard for a new class of ship and continue Norway’s leadership in sustainable shipbuilding. The two hydrogen fueled RoPax ferries were designed by Norwegian Ship Design. Each vessel will be approximately 380 feet (117 meters) long with a capacity to carry 120…

Continue ReadingWorld’s Largest Hydrogen-Powered RoPax to be Built at Norway’s Myklebust

Trapped Vessels Start to Move Out of Baltimore Following Bridge Disaster

The U.S. state of Maryland has opened a temporary channel on the northbound side of the collapsed Baltimore bridge, allowing limited tug and barge traffic around the container ship stuck at the disaster site, Governor Wes Moore said on Monday. "It will help us to get more vessels in the water around the site of the collapse," Moore told a news conference. The Port of Baltimore's shipping channel has been blocked since a fully loaded container ship lost power and collided with a support column on the Francis Scott Key Bridge last Tuesday, killing six road workers and causing the highway bridge which loops around Baltimore to fall into the Patapsco River. The temporary channel opened on Monday has a controlling depth of 11 feet (3.35 meters), freeing some commercial tugs and barges that had been trapped in the harbor, U.S. Coast Guard Rear Admiral Shannon Gilreath told the news conference. Gilreath said he did not know if those vessels carried goods or were empty and seeking to reload elsewhere. The port is the largest in the U.S. for "roll-on, roll-off" vehicle imports and exports of farm and…

Continue ReadingTrapped Vessels Start to Move Out of Baltimore Following Bridge Disaster