Noah is a reporter across our transport sites.
You can get in touch with him by emailing email@example.com
The DP World owned logistics company will now take delivery of four of the vessels on long-term charters in 2026.
The company said the technology will help reduce emissions on one of its ships by 10%.
The company said that intense competition from overseas companies had led to the shock decision.
The Finnish cleantech company will supply six rotors for each of the three vessels in the fleet to complement their dual-fuel maritime diesel oil and e-methanol engines.
Anastasija Kuprijanova, Amogy’s director of maritime business development, discusses the use of ammonia as an alternative maritime fuel.
Give your business an edge with our leading industry insights.
The UK start-up worked with Lomar’s corporate venture lab lomarlabs on the project, which took place in 2023.
The bulk carrier operator will utilise the technology on one of its vessels for the first time.
The shipbuilder will work with TerraPower on the project after investing $30m into the company in 2022.
The UAE-based company has been investing into international ports to expand its presence across key trade routes in the Middle East and Asia region.
The new Secretary General said the safety of seafarers must be a priority in the navigation of ongoing conflict in regions such as the Red Sea.