News: Fuel

Engine choices today will shape shipping’s fuel pathways through 2050, while fuel economics determine what vessels will actually consume

September 18, 2026

SINGAPORE: With vessels operating for 25–30 years and only around 4% of the fleet renewed annually, newbuild decisions made over the coming decade will...

K Shipbuilding and Lloyd’s Register explore ethanol’s commercial potential in next-generation tanker design

September 16, 2026

BANGKOK: K Shipbuilding and Lloyd's Register (LR) have signed a Memorandum of Understanding (MoU) to jointly develop an ethanol-fuelled 50,000 dwt Medium Range (MR)...

Iran suspends freight charge on foreign vessels carrying energy products to or from Iran

September 12, 2026

TEHRAN: Iran has temporarily suspended a 10% charge on freight fees ‌for foreign vessels carrying imported or exported oil, gas and liquid petroleum products...

ClassNK releases ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.1)’

September 11, 2026

TOKYO : ClassNK has released the ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.1)’. This revision incorporates the ‘Revised Interim Recommendations for Carriage of Liquefied...

Lloyd’s Register and MARIC unveil tri-fuel-ready tanker concept designed to navigate fuel uncertainty

September 5, 2026

Approval in Principle advances LNG, methanol and ammonia-ready tanker design, giving owners the flexibility to leverage multiple fuel pathways. HAMBURG: Lloyd's Register (LR) and the Marine Design...

Onboard carbon capture offers a practical CO2 emissions reduction pathway for shipping’s global fleet

September 2, 2026

LONDON: Onboard carbon capture and storage systems (oCCS) could play a significant role in helping shipping reduce CO2 emissions, while alternative fuel supply chains continue to...

Hormuz crisis adds $22 bn to India’s fossil fuel import costs : CREA

August 31, 2026

NEW DELHI: India incurred an estimated $22 billion in gross additional fossil-fuel import costs between March and August 2026, following the energy-price shock triggered...

NGOs Call on IMO Member States to ignore Dangerous Distractions En Route to Net Zero

August 29, 2026

LONDON: Ahead of next week’s key meeting of the International Maritime Organization (IMO), the Clean Shipping Coalition is calling on member states to hold firm in...

EXCLUSIVE: The ships are ready. The ports are getting ready. What is missing is certainty

August 27, 2026

As part of Accelleron’s Accelerating to Net Zero program, the Chairman of one of India’s largest ports argues that technical readiness is advancing faster...