Connect with us

Alternative Fuels

KPI OceanConnect appoints Jesper Sørensen to run global Alternative Fuels and Carbon Markets team

Sørensen, who will lead a team of six experts, will direct KPI OceanConnect’s response to the energy transition from its office in Singapore, the world’s largest marine fuels market.

Admin

Published

on

274 1

Global marine energy provider KPI OceanConnect on Thursday (7 September) announced the appointment of Jesper Sørensen to lead its Alternative Fuels and Carbon Markets team globally. 

Sørensen will direct KPI OceanConnect’s response to the energy transition from its office in Singapore, the world’s largest marine fuels market. 

Sørensen joined KPI OceanConnect in 2005 and worked as a Sales Manager in the company’s Singapore office before becoming its Managing Director. After four years in this managerial role, Sørensen will lead a team of six experts strategically located across the company’s global network of offices.

The Alternative Fuels and Carbon Markets team will provide consultancy across the group on alternative fuels, supporting traders as they work with their customers and partners to develop the long-term strategies that will be essential for their energy transition. 

The Alternative Fuels and Carbon Markets team will be responsible for refining and delivering KPI OceanConnect’s green strategy, supporting the company to continuously innovate and share knowledge with the wider sector. 

The team will identify and evaluate decarbonisation pathways, while ensuring a stable supply of alternative fuels to enable clients to meet their sustainability goals. As the marine energy sector undergoes significant change, with new fuels, regulations and standards all coming to the fore, KPI OceanConnect is, with this move, well positioned to provide trustworthy and transparent advice for its partners across the globe. 

Building on KPI OceanConnect’s market-leading position in traditional fuels, Sørensen and his team will monitor the low-carbon and zero-carbon fuel options to provide knowledge and innovative solutions for change in the shipping industry to clients, partners and suppliers.

By doing so, KPI OceanConnect is empowering business partners at a time where they start to build green energy strategies to meet the International Maritime Organization’s decarbonisation targets by 2030 and 2050. This will include working closely with the group’s AuctionConnect team to integrate alternative fuels into the digital platform and continue to deliver alternative fuel solutions for clients across the globe. 

Anders Grønborg, CEO at KPI OceanConnect, said: “I am excited to see one of KPI OceanConnect’s longest standing and most progressive team members take on a new and vital role in our business. Jesper is well known for applying his knowledge and passion in everything he does, which will no doubt be a huge advantage for all stakeholders as he leads the group’s efforts in this important area.”

“At KPI OceanConnect, we are dedicated to supporting the shipping industry’s green transition and continually monitor developments in the marine fuels industry to understand and educate our clients about the decarbonisation pathways available to them. As a leader in the marine fuels market, we recognise we have a responsibility to take an active role in advancing sustainability in the sector, and we continue to invest resources to support this.”

“Jesper brings vast experience of the marine fuels market to his new role, as well as a deep commitment to sustainability that is an important value for KPI OceanConnect as a leading global marine energy solutions provider. With his team delivering our alternative fuels strategy, we are shaping a cleaner and more prosperous future for the maritime industry.”

Jesper Sørensen, Global Head of Alternative Fuels and Carbon Markets at KPI OceanConnect, said: “To support our business partners, KPI OceanConnect intends to be at the forefront of the marine energy industry’s transition, now and in the coming years.”

“The Alternative Fuels and Carbon Markets team is focused on ensuring that through innovation and partnership, we can deliver the right solutions for our traders and their customers and suppliers. Ship-owners will be able to take verified action to minimize their environmental impact through responsible fuelling practices, GHG emissions reduction and transparency in the fuel supply chain.”

“Working with existing suppliers and those new to the industry, we continue to provide expertise on last mile delivery.”

 

Photo credit: KPI OceanConnect
Published: 8 September

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading

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.

Admin

Published

on

By

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

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending