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SEA Europe proposes alternative to extending EU Emission Trading Scheme to shipping

Suggests dedicated EU Maritime Fund to incentivise development of green technologies, sustainable alternative fuels, and more, for integration onboard ships.

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SEA Europe

SEA Europe, the Shipyards’ and Maritime Equipment Association on Wednesday (6 May) said it fully supports the ambitions of the European Commission’s “European Green Deal” (EUGD). 

The Green Deal’s ambitions are in line with those of the European “Waterborne” Technology Platform (https://www.waterborne.eu/), whose Strategic Research Agenda aims at providing and demonstrating zero-emission solutions for all main ship types and services before 2030, which will enable zero-emission waterborne transport before 2050, it said.

With the EUGD Communication, issued in December 2019, the European Commission says it aims at making the EU economy climate neutral by 2050, by transforming the EU into a fair and prosperous society, with a modern, resource-efficient and competitive economy. 

With this flagship initiative, the European Commission wants to put the EU at the forefront in combating climate change and other environmental challenges. 

An important ambition of the EUGD is the transformation of waterborne transport (i.e. seagoing vessels and inland navigation ships) into a zero-emission mode of transport.

This transformation will necessitate significant investments from the entire waterborne sector in Europe, including in research, development and innovation (RDI), on top of the investments already carried out so far.

In this respect, SEA Europe proposes to set-up a dedicated EU Maritime Fund – as an alternative to extending the EU Emission Trading Scheme (ETS) to shipping – to incentivize the development of green technologies, to mature sustainable alternative fuels, and to integrate them onboard ships as well as to deploy green infrastructure and to financially stimulate first movers. 

Furthermore, these significant investments need to be underpinned by a legal framework that offers legal certainty to the waterborne sector, including the maritime technology sector, it notes.

Without any legal certainty, companies will refrain from making investments, it adds. This legal certainty is also key with regard to an EU taxonomy of green technologies and alternative fuels.

SEA Europe also says it calls upon the European Commission to support technological neutrality and a goal based approach, including for dual-use technologies, to avoid a curtailing of (innovative) clean technologies and to stimulate a rapid development of alternative fuels for waterborne transport. 

“Due to the large variety of ship types and ship trades, there is not a “one-size-fits-all” solution to transform waterborne transport into a zero-emission mode of transport,” said Christophe Tytgat said, SEA Europe’s Secretary General. 

“Hence, all options for clean technologies, alternative fuels and their optimal integration need to be researched, developed, supported, and facilitated. 

Any legislation and policy actions should stimulate flexibility, secure legal certainty and refrain from imposing or prescribing specific technological solutions or specific alternative fuels”.

SEA Europe states it is encouraged by the European Commission’s intention to use trade policy as a means to support the EU’s ecological transition and welcomes the EUGD’s recognition of the need to ensure fair and undistorted trade policy, to promote EU standards, and to enforce full compliance with EU regulations and standards of products placed on the European market. 

“The COVID-19 outbreak has further increased international political tensions and growing trade protectionism, in times of high political ambitions such as the European Green Deal,” adds Tytgat.

“The outbreak has also illustrated the dangers of Europe being or becoming too much dependent on foreign industries. This is certainly a serious risk in shipbuilding.

“The European Maritime Technology sector is heavily impacted by the Covid-19 crisis and the economic consequences of this crisis will be felt much longer than in many other sectors. 

“By restoring Europe’s competitiveness, including in maritime technology, the European Green Deal has the potential to become a game changer and should therefore not be seen exclusively as a ‘Climate Deal’ but also as a Strategy for Growth.”

Finally, SEA Europe urged the European Commission to develop appropriate measures and policy actions to achieve the EUGD’s ambitions in close dialogue and cooperation with the relevant stakeholders from the waterborne sector, including from the maritime technology sector. 

A copy of the position paper can be found here


Photo credit: SEA Europe
Published: 11 May, 2020

 

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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