EU Backs Øresund CCUS Cross-Border Scheme
The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels.The three-year project is supported by financing from the Interreg Øresund-Kattegat-Skagerrak program and will establish a Danish-Swedish collaborationā¦
Coach Solutions, ClassNK to Streamline Verification of Vessel Emissions Data
Coach Solutions, a Kongsberg Company, and classification society ClassNK have partnered to deliver an automated emissions data verification process for their mutual clients.The companies said the process creates a seamless experience for shipowners and Document of Compliance holders who need to extract, standardize, verify and share vessel data for transparent use by stakeholders.The integration with ClassNK is a strategic partnership thatā¦
NYK Names Dual-Fuel LPG Carrier Newbuild
A newly built very large gas carrier (VLGC) was named Lucent Pathfinder at a ceremony held at Kawasaki Heavy Industriesā Sakaide Works, marking the seventh dual-fuel LPG carrier using LPG ordered by NYK.The vessel, which will be chartered by United Arab Emirates-based LPG trader BGN INT DMCC, is designed for the global transportation of liquefied petroleum gas and is capable of operating on both heavy fuel oil and LPG.The naming ceremony was attended by around 30 stakeholders.
China's Coal Imports Slump
"In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular,ā says Filipe Gouveia, Shipping Analysis Manager at BIMCO.China is the worldās largest importer of coal and the destination of 28% of seaborne coal shipments, which account for 4% of dry bulk tonne mile demand.
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