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TMS Tanker conference: Collaboration is key to accelerate path to net zero in shipping

The need for collaboration between stakeholders to achieve this objective was stressed by speakers, as was the importance of harnessing new technology, including digitalisation and AI-based tools.

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TMS Tanker conference: Collaboration is key to accelerate path to net zero in shipping

Environmental issues and factors influencing the sustainability of tanker shipping as it steps up to play its full part in decarbonising the industry in decades to come were the dominant themes of The Maritime Standard Tanker Conference 2024, which took place on 7 November at The Atlantis, The Palm, Dubai. 

According to The Maritime Standard, the need for collaboration between stakeholders to achieve this objective was stressed by a number of speakers, as was the importance of harnessing new technology, including digitalisation and AI-based tools. 

The importance of engaging ships’ crew in the process of decarbonisation and ensuring they have the right skill sets to enable fleet owners and operators to deliver their objectives was also highlighted by several speakers during the event.

The 2024 TMS Tanker Conference, which featured a programme of expert presentations, lively panel discussions, and a number of interesting questions from the floor, was structured around the theme “Sustainable Tanker Shipping – Accelerating the Journey to Net Zero.” 

Opening the conference, TMS Editor, Clive Woodbridge, said: “The industry is facing its share of challenges as it seeks to decarbonise and move to net zero. The need to invest, not only in new environment friendly tonnage, but in retrofitting existing ships, is going to be a paramount concern, while there will also be renewed focus on improving operational efficiency, to reduce fuel consumption and hence cut emissions.”

The opening session, on “Sustainable Shipping Strategies – Assessing Optimum Solutions”, was preceded by a keynote speech from Capt. Mohamed Al Ali, Senior Vice President, ADNOC Logistics and Services. 

Stressing the need for aligning strategies with the imperative of sustainability, not just for industry stakeholders but for the communities it serves, he said: “As we stand at this crossroads, let us be reminded that the moment for bold action is upon us. It is said that fortune favours the brave. We say the brave make their own fortune.” 

Also providing a keynote address was Shahab al Jassmi, Senior Vice President, Ports and Terminals Commercial, DP World, who said the industry was entering a new era and that, “By leveraging our innovative minds and building strategic partnerships we can truly excel in delivering sustainability.”

Other speakers in this first session, which laid the foundations for the day-long discussions, included Captain Ammaar Al Shaiba, CEO, Maritime and Shipping Cluster, AD Ports Group; Captain Franck Kayser, Chief Operating Officer, Asyad Shipping Company; Nitin Mathur, Head of Commercial Maritime, Al Seer Marine; Richard De Vries, Head of Sales MEA & India, Lloyds Register; and Peter Sahlen, Alfa Laval Technologies AB.

Session 2, on “Driving Greater Operational Efficiency in Tanker Shipping,” was moderated by Ali Shehab, Global Director of Special Projects and Services, DNV, and featured a wide range of speakers from different industry backgrounds. 

These included: Ali Abouda, Group CFO, Gulf Navigation Holding; Capt. Amarjit Kauchhur, Vice President, Middle East/ Regional Director, International Registries (UK) Limited – Dubai Branch; Capt. Savraj Mehta, CCO, NorthStandard; Maria Kristina Javellana, General Manager – Head of Fleet, Hafnia Middle East; Katherine Yakunchenkova, Managing Director, Al Safina Security; Alessandra Burke, CEO, K2 Bunker Fuel Supply; Dipak Karki, Founder and Managing Director, DK2 Seaport; Capt. Onur Yildrim, Global Marine Manager, Advanced Polymer Coatings and Stam Achillas, Head of Business Development & Sales, 2-Stroke Fuel Conversions, Wärtsilä Services. 

The final session, on “Creating Robust Support Systems Infrastructure” ended the event on a high, with speakers from the worlds of ship finance, digitalisation, maritime law, classification, Sale & Purchase and surveying. 

Moderated by Tien Tai, a partner at HFW, the panel included Chris Peters, Senior Executive Officer, Montfort Capital; Mark Lakin, Partner, Stephenson Harwood; Jamil Al Ali, Middle East Regional Commercial & Business Development Director, Bureau Veritas Marine & Offshore; Khalil Rehman Aziz, Managing Director, MariApps Marine Solutions; Faidon Panagiotopoulos, Trader/Purchase Representative (Sale & Purchase), GMS; Nitin Mehta and Capt. Zarir Irani, Managing Director, Constellation Marine Services & Chairman Nautical Institute UAE branch.

Clive Woodbridge concluded: “This conference left no doubt that environmental issues are firmly established at the top of the corporate agendas of tanker shipping owners and operators. But there was an awareness that different segments of the business have to work together more effectively, and that, while technology is important, the human element is sometimes a part of the total picture that is sometimes given less priority than it needs to. This is an important learning point for the future and will be a key feature of our conference programme for 2025.”

 

Photo credit: The Maritime Standard
Published: 22 November, 2024

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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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