Shipping
MOL makes major stride in developing ammonia-powered carrier
Gemini shuttles hit 98% schedule reliability in February
Airfreight demand from China, Hong Kong to the US declines as rates rise
ZIM signs long-term charter deals for 10 LNG-powered 11,500-TEU vessels
Georgia Ports’ container trade grew 22.5% in March
CMA CGM inks AI deal with Mistral AI
Port of New York and New Jersey reports second-busiest February
Maersk's APM Terminals acquires Panama Canal Railway Company
ICS: Proposed US port fees on Chinese vessels to severely disrupt supply chains
PSA looks ahead to strategic developments in 2025 after record-breaking 2024
Hapag-Lloyd makes Philippine inaugural at ICTSI Manila
Yang Ming acquires three methanol dual-fuel ready vessels
Maersk shares updates on upcoming US reciprocal tariff plan
ONE highlights need for adaptability in volatile markets
WorldACD: Global air cargo rates rise as post-NY market rebounds
Chinese shipbuilder unveils LNG dual-fuel vehicle carrier
SATS partners with Guangtai to innovate ground support technology
SC Port's Inland Port Greer expands capacity by 50%
Hong Kong exporters remain positive despite growing trade tensions
Singapore opens applications for methanol bunkering licence
Tariff turmoil persists, though ocean freight rates continue to decline
UN agencies express grave concern over increased satellite interference
Baltic Hub welcomes multiple new services
Port of Savannah achieves busiest February on record
UK freight association seeks solutions to uninsured cargo
Rotterdam, Singapore boost green, digital shipping partnership
MSC announces standalone East/West network
Singapore, India ink deal to boost maritime digitalisation, decarbonisation
World Shipping Council calls on the U.S. to drop its planned port fees
Port of NY/NJ secures landmark lease extension with APM Terminals
Container rates slip amid signs of overcapacity
SC Ports expands weekly services with new ocean carrier deployments
Port of LA reports continued growth in shipments for February
Sea-Intel: Major ocean carriers profitability around US$60B in 2024
Adhira Shipping and Logistics sees continued demand for Cape Size carriers
Matadi Gateway Terminal expands hybrid equipment fleet
MPA, CMA CGM sign MoU to boost sustainable shipping, digital innovation
China, Hong Kong raise concerns over Hutchison Ports deal
Houthis ban U.S. vessels from the Red Sea; Trump vows end to the aggression
Hapag-Lloyd's port arm buys stake in terminal operator in Le Havre
MOL makes major stride in developing ammonia-powered carrier
WorldACD: Flat markets slightly above last year's levels
Frontloading continued to drive volume growth at the Port of Long Beach
Yang Ming plans regional route expansion amid evolving trade tensions
Malaysia's Sin-Kung Logistics eyes air cargo with Prima Air acqusition
Tianjin Port eyes increased container throughput to 35M TEUs by 2035
ILA-USMX officially sign six-year port contract through 2030
U.S. tariffs to accelerate relocation of factories to South, Southeast Asia
Singapore launches new standard on methanol bunkering
MOL strengthens chemical logistics business with new acquisition
MOL launches 1st onshore supply of green hydrogen produced at sea
DP World and Mawani inaugurate US$800M terminal in Jeddah
CMA CGM to invest US$1B for new Chicago air cargo hub
Trump halts Canada, Mexico tariffs again for another month
Trump unveils plans for new office of shipbuilding
CK Hutchison sells int'l ports business to BlackRock, MSC for US$22.8B
CMA CGM's first dual-fuel methanol vessel makes maiden call at Singapore
Alibaba, Maersk partner on container shipping services
MOL joins e-methane alliance e-NG Coalition
Freight pricing, contracts become more fluid
Port of New York and New Jersey records third busiest January ever
Viasea Shipping relaunches London Thamesport service
Sea-Intel notes volume shift from East to West Coast in H2 2024
Port of Savannah receives largest capacity vessel in its history
ILA ratifies new labour contract at US East, Gulf Coast ports
Sea-Intel: 2024 global schedule reliability trend continuing in 2025
Savannah tagged as fastest growing port on the U.S. East Coast
ICTSI's MCT increases renewable energy utilization
DCSA releases final versions of Booking 2.0, Bill of Lading 3.0 standards
Port Klang launches Kale's Malaysia Maritime Single Window
Port of Hamburg reports growth in container throughput, rail transport
Port of Salalah invests US$300M to meet new Gemini Cooperation needs
ONE adopts DCSA eBL standards using GSBN blockchain
Asia-Europe demand to drop once supply chains return to normal
SC Ports welcomes largest vessel to call Port of Charleston
ONE, Yusen Logistics partner on sustainable shipping solutions
Panama Canal transits start to rebound after drought year
Evergreen orders 11 mega-size containerships worth US$3.2B
PSA Ventures, NIDLP partner on port automation, sustainability
DP World Sokhna handles inaugural vehicle export
ONE names first owned and operated newbuilding container vessel
ABS chief pitches nuclear power to decarbonise shipping
Kuehne+Nagel, Acer Europe partner to decarbonise sea shipments
DP World says first phase of US$80M Sokhna Logistics Park 65% complete
DHL: Multi-shoring beyond “China Plus 1” on the rise
Regional container trade imbalances increase 33%
Yang Ming enhances JKX service with Haiphong extension
Singapore, Indonesia extends human resources development partnership
Shipping organisations increasingly concerned about seafarer safety
Ocean Alliance remains as largest shipping alliance amid recent shifts
Transits through the Panama Canal down 10%
ONE, LX Pantos announce intermodal transport joint venture
Port of New York and New Jersey records third-busiest year ever in 2024
ICTSI flagship terminal receives Philippines’ first near-zero emission RTGs
ONE raises full-year profit guidance in 2024
Gemini Cooperation launches operations
VICT in Melbourne invests in new hybrid carriers to raise capacity, reduce emissions
Port of Savannah reports 12th consecutive month of container volume growth
Global shipping schedule reliability in 2024 largely within 50%-55%
Chapman Freeborn eyes further growth in China air cargo charters
CMA CGM, Maersk to keep Cape of Good Hope sailings despite Red Sea tensions easing
Blank sailings, Trump tariffs may buffer spot rates from hard landing
DP World, NSW Ports invest A$400M to expand rail capacity at Port Botany
Red Sea crisis “not the sole reason” for higher ship operating costs
HMM signs MoU to develop India's Vadhvan port
Trump delays tariffs on Inauguration Day but issues new threats to China, the EU
PSA unboXed rebranded as PSA Ventures
No immediate large scale return to the Red Sea despite Israel-Hamas ceasefire
China's New International Land-Sea Trade Corridor connects 555 ports
Port of Long Beach reports record 2024 cargo volume
China's Ningbo-Zhoushan Port maintains title as top port for cargo volume
U.S. proposes new rules for the entry of low-value shipments
Port of Savannah reduces transit time for Indian cargo
PSA hits 100 million TEUs milestone for the first time
Singapore reports record growth in container throughput, gross tonnage for 2024
deugro transports equipment for Europe’s most sustainable ethane cracker
Rebuilding efforts from devastating L.A. fires could impact container volumes
MOL MAKES MAJOR STRIDE IN DEVELOPING AMMONIA-POWERED CARRIER
March 17, 2025

Mitsui O.S.K. Lines, Ltd. (MOL) has announced that a large-size ammonia-powered carrier, which has been under joint development by MOL, Namura Shipbuilding Co., Ltd., and Mitsubishi Shipbuilding Co., Ltd. since 2021, has received Nippon Kaiji Kyokai (ClassNK) approval in principle (AiP) for its ammonia fuel-compatible design.

 

The companies are developing the vessel in anticipation of the wide use of ammonia as a zero-carbon fuel and hydrogen carrier and in response to further demand for ammonia fuel transitions in power plants.

 

MOL said in the announcement that the carrier features larger cargo tanks than very large gas carriers (VLGCs) and very large ammonia carriers (VLACs), enabling low-emission transport and higher cargo capacity while also using ammonia as fuel.

 

"In particular, it is a groundbreaking vessel in that it meets the restrictions on entry into major power plants in Japan while maintaining specifications consistent with current VLGCs in terms of connections to power plants and ammonia supply terminals during loading and discharging," the Japanese shipping company said.

 

It noted that ClassNK reviewed the basic plans and results of the hazard identification study (HAZID), which are reflected in the basic design allowing for the completion of the detailed design. In HAZID, the safety of ammonia toxicity, which is a major concern, was studied and evaluated as a top priority, and sufficient countermeasures have been implemented in the design.

 

The MOL Group aims to achieve net zero greenhouse gas (GHG) emissions by 2050 and will continue to work toward a decarbonized, low-carbon society in accordance with BLUE ACTION 2035 and MOL Group Environmental Vision 2.2.

 

AiP is granted based on risk assessments conducted by experts in new technologies or areas where existing regulations lack specific details. This certification indicates the completion of a feasibility study on a basic design that incorporates this technology and concept, ensuring a smooth transition to a detailed design.


In this case, the assessment was not limited to a feasibility study; based on the basic design, the detailed design was completed.