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Alternative Fuels

FUELSAVE receives USD 4mn funding to accelerate production of combustion conditioning tech

FUELSAVE’s FS MARINE+ technology optimises combustion through the dynamic injection of hydrogen, oxygen, water and methanol through the air intake.

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German cleantech provider FUELSAVE on Thursday (16 September) said it has completed €3.4M  (USD 3.98 million) in fresh funding to expand its team and scale up the production of its advanced combustion conditioning technology FS MARINE+.

Led by Dreamcraft Ventures and supported by legal advisors, Poellath+Partners the new funding will enable FUELSAVE to meet the growing demand for its high impact retrofit solution, which is capable of immediately reducing emissions from shipping.

FUELSAVE’s FS MARINE+ optimises combustion through the dynamic injection of hydrogen, oxygen, water and methanol through the air intake.

The technology referred to as advanced combustion conditioning, makes combustion leaner, cleaner and more efficient, thereby reducing fuel consumption and reducing greenhouse gas (GHG) emissions such as NOX by 30 to 80%, says FUELSAVE.

Furthermore, the system can be easily, safely and quickly retrofitted, as it does not require any modifications to the parts or working principles of the engine. FS MARINE+ also pays for itself through OPEX savings from fuel economies, lower maintenance costs and carbon reduction schemes and subsidy programs.

Demand for this technology has grown exponentially, as shipowners look for solutions to decarbonise their operations, following the adoption of tighter regulations by the International Maritime Organization and other regulators. 

Advanced combustion conditioning is among the low-hanging fruits that shipowners can seize now to progress towards sustainability, a move which is also driven by ESG goals of ship owners, operators and charterers, as they face greater pressure from consumers and markets, all while endeavouring to remain profitable and competitive. 

Furthermore, the deployment of FS MARINE+ will also have a wider impact, supporting the introduction of methanol as a marine fuel and facilitating the establishment of critical supply chains for this new fuel.

The investment will play a key role in supporting FUELSAVE’s growth as it enters a new chapter of its development. The company has announced the establishment of new headquarters in Hamburg, Neuland, Germany, where a new production line will deliver over 50 largescale FS MARINE+ systems every year as a first step. This will also lead to the creation of dozens of jobs in Germany and beyond in the coming years.

FUELSAVE’s CEO, Marc Sima, explains: “Although not a silver bullet, advanced combustion conditioning has the potential to truly contribute to building a low-carbon future for shipping and is one of the few ways in which shipowners can reduce their emissions now, without requiring major changes to their engines and vessels.”

“The technology will support operators as they face numerous operational and environmental challenges. It is also future-proof, as it can work with current fossil and future clean fuel alternatives, whether liquid or gaseous, including drop-in certified biodiesel, ammonia and methanol. 

“We are proud to see this potential recognised by Dreamcraft and we are excited to enter this new chapter as we scale up our production to respond to the needs of our clients.”

Dreamcraft’s General Partner and Investment Manager, Carsten Salling, notes: “We are delighted to support FUELSAVE’s truly innovative and unique technology, which we believe will revolutionise the way shipowners think about their climate commitments.”

“While shipowners would typically expect to spend large amounts of money to decarbonise their activities, FS MARINE+ has a unique value proposition, enabling shipowners to reduce their emissions while also saving in fuel costs. This is a unique opportunity to kill two birds with one stone, by protecting shipowners’ bottom lines as well as the environment.”

Marc Sima, CEO – FUELSAVE (right), and Carsten Salling, General Partner & Investment Manager – Dreamcraft Ventures (left)

 

Photo credit: FUELSAVE
Published: 20 September, 2021

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LNG Bunkering

Singapore-based EPS takes delivery of three LNG dual-fuel bulk carriers

Three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

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Singapore-based Eastern Pacific Shipping (EPS) on Friday (4 September) announced the naming and delivery of three new LNG dual-fuel Newcastlemax bulk carriers from China’s Qingdao Beihai Shipbuilding. 

Cyril Ducau, CEO of EPS, said the vessels were named Mount Victoria, Mount Yulong and Mount Wuyi

The three vessels are the third, fourth and fifth in the company’s series of 14 Newcastlemaxes being built at the yard, and were delivered five months ahead of their contracted delivery dates.

“A big thank you to CSSC Group and Qingdao Beihai Shipbuilding, working alongside our EPS team, for the tremendous collaboration and commitment behind this achievement,” Ducau said in a social media post.  

 

Photo credit: Eastern Pacific Shipping
Published: 7 September, 2026

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LNG Bunkering

LR awards AiP to CSSC Huangpu Wenchong for 12,500 m³ LNG bunker vessel design

Vessel design incorporates Type C LNG cargo tanks and has been evaluated against a range of class notations covering gas operations, automation, environmental performance and cyber resilience.

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Classification society Lloyd’s Register (LR) on Thursday (3 September) said it has awarded Approval in Principle (AiP) to CSSC Huangpu Wenchong Shipbuilding Co., Ltd. for a new 12,500 m³ LNG bunkering vessel design.

The AiP was signed at SMM 2026 in Hamburg and confirms that the vessel concept has successfully completed an independent design assessment against LR’s latest classification requirements.

The new 12,500 m³ vessel design incorporates Type C LNG cargo tanks and has been evaluated against a comprehensive range of class notations covering gas operations, automation, environmental performance and cyber resilience.

LR’s assessment was carried out in accordance with its Rules and Regulations for the Classification of Ships and Rules and Regulations for the Construction and Classification of Ships for the Carriage of Liquefied Gas in Bulk.

Constantinos Chaelis, LR’s Global Gas Segment Director, said: “This project demonstrates the continued market confidence in LNG and the importance of building the supporting infrastructure that enables owners to make practical emissions reductions today, while maintaining flexibility for the future. Through early engagement between shipyard and class, we can accelerate the delivery of robust designs that meet both operational and regulatory requirements.”

A Huangpu Wenchong spokesperson, said: “This Approval in Principle from Lloyd’s Register validates the technical approach and provides a strong foundation for future development. We believe vessels of this type will play an increasingly important role in supporting the energy transition by helping ensure LNG is available where shipowners need it most.”

 

Photo credit: Lloyd’s Register
Published: 7 September, 2026

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Alternative Fuels

DNV at SMM: Chinese shipbuilders, European owners seek closer ties on alternative bunker fuels

Chinese shipbuilders and European shipowners called for closer collaboration on vessel development, alternative fuels and digitalization during the inaugural China-Europe Maritime Summit at SMM 2026.

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Chinese shipbuilders and European shipowners called for closer collaboration on vessel development, alternative fuels and digitalization during the inaugural China-Europe Maritime Summit at SMM 2026, according to classification society DNV on Friday (4 September). 

The summit, jointly organized by the China Association of the National Shipbuilding Industry (CANSI), the German Shipowners’ Association (VDR) and DNV, brought together leaders from two maritime sectors that collectively shape a significant share of the global fleet. 

Energy efficiency, operational flexibility and digital innovation were highlighted as key areas for the industry as it navigates decarbonization targets, evolving regulation and uncertainty around future fuel pathways.

Knut Ørbeck-Nilssen, Group President and CEO at DNV, said: “Gathering leaders from across Chinese shipbuilding, European shipping and the wider maritime value chain in one room is both timely and important. The decisions being made across our industry today will shape shipping for decades to come, and this summit demonstrates a shared commitment to shaping the future of our industry together.”

Xu Peng, Chairman of China State Shipbuilding Corporation (CSSC), said: “China and Europe’s maritime sectors share aligned missions, complementary strengths and promising prospects. This summit can serve as a starting point for deeper cooperation between China’s shipbuilding industry and Europe’s shipping community, and help broaden the boundaries of full‑chain collaboration and build an interconnected ecosystem.”

Dr. Gaby Bornheim, President of the German Shipowners’ Association (VDR), said: “For shipowners, a new vessel is never an investment for the next quarter. It is a commitment for decades. Long-term investments require trusted partnerships, and many of the world’s most advanced commercial vessels are the result of cooperation between European shipowners and Chinese shipbuilders. Excellence is rarely achieved in isolation.”

China’s shipbuilding industry accounts for around 70% of the global orderbook, while European shipowners operate more than one-third of the world’s fleet capacity. As the global shipping industry faces increased uncertainty, finding solutions that provide flexibility is essential. 

The summit featured two high-level panel discussions moderated by Dr. Martin Kröger, CEO of VDR, and Li Yanqing, Vice Chairman and Secretary General of CANSI, bringing together senior executives from leading Chinese shipbuilders, including China Merchants Industry (CMI), Guangzhou Shipyard International (GSI), Shanghai Waigaoqiao Shipbuilding (SWS), and Shanghai Merchant Ship Design & Research Institute (SDARI), alongside European shipowners and operators such as Vogemann Reederei, Briese Schiffahrt, Bernhard Schulte, MPC Containerships, and Grieg Edge, as well as DNV. 

Discussions further highlighted the importance of close China-Europe collaboration to support shipping’s transformation.

 

Photo credit: DNV
Published: 7 September, 2026

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