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South Korea
Market Outlooks

South Korea–Europe green shipping corridor promises 70% CO₂ cut

The proposed South Korea–Europe Green Shipping Corridor (GSC) could cut carbon emissions by over 70% along key trade routes between Pyeongtaek Port and major European automotive hubs, a new report found.

about 1 year ago
Disney Adventure
Vessels

Green methanol-fueled Disney Adventure makes first foray into the world

Disney Adventure, hailed as the first in the cruise industry to be powered by green methanol, has touched water for the first time as it left the Meyer Wismar construction hall in Germany. According to the US-based Disney Cruise Line, the soon-to-be 208,000 gross tons cruise ship was floated out of

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Fleet staying active as Prosafe navigates strategic divestments

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Canadians to make digital twin of Trident Energy’s subsea assets in Equatorial Guinea

International oil & gas company Trident Energy has signed a SaaS license agreement with Enaimco, a Canadian technology company delivering digital solutions for subsea operations, for the provision of digital twin for its subsea assets in Equatorial Guinea. “Trident Energy has been exploring global d

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Damen strengthens India ties amid country’s maritime revamp

As India recently unveiled plans to spend billions of US dollars to revamp the domestic maritime industry, Dutch shipbuilder Damen is jumping on the bandwagon to support the envisaged transformation of the South Asian country’s maritime sector.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Jinling Shipyard hands over ‘world’s largest’ dual-fuel car carrier to BYD

China Merchants Industry Nanjing Jinling has held a ship handover and naming ceremony for the first 9,200-capacity dual-fuel car carrier, BYD Shenzhen, built for China’s plug-in hybrid electric vehicle manufacturer BYD.

about 1 year ago
Port of Rotterdam and Vast looking into electrification of oil tankers
Business Developments & Projects

Port of Rotterdam and Vast looking into electrification of oil tankers

The Port of Rotterdam, one of Europe’s major energy hubs, has partnered with Brazilian Vast Infraestrutura, a Prumo Group company providing oil transshipment services, to study the electrification of oil tankers at berth globally.

about 1 year ago
An offshore platform
Business Developments & Projects

EnQuest expanding Southeast Asian footprint to Indonesia

London Stock Exchange-listed energy player EnQuest has won two production sharing contract (PSC) blocks in Indonesia’s West Papua province.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Vessels

MSC adds three new LNG-fueled boxships to roster

Chinese shipbuilder New Times Shipbuilding (NTS) has held a christening ceremony for three dual-fuel containerships powered by liquefied natural gas (LNG), which were constructed for Swiss giant Mediterranean Shipping Company (MSC). As disclosed, the naming was held on April 16 and April 17 this yea

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Germany: Onshore cable route preps begin for first energy link to UK

Siemens Energy has completed the piling works for the new converter station on the German side of what will be the first direct energy link between the UK and Germany. With converter stations on the Isle of Grain in Kent and Wilhelmshaven in northern Germany, the 725-kilometer NeuConnect interconnec

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Authorities & Government

From sewage to marine fuel: Carbon neutral methanol facility opens at wastewater site

A German consortium consisting of the Institute for Micro Process Engineering and the Institute for Automation and Applied Informatics at the Karlsruhe Institute of Technology (KIT), the KIT spin-off ICODOS and the Waste Water Department of the City of Mannheim have began operation of a demonstratio

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Additional $4 million funding boosts shore power at Port of Hueneme

California’s Port of Hueneme has received an additional $4 million in funding to complete its shore power project on North Terminal, aiming to reduce vessel emissions and improve air quality.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Business & Finance

Vår Energi starts the year strong, setting course for ‘transformational growth’ in 2025

Norway’s oil and gas player Vår Energi has published the interim report for the first quarter of 2025, disclosing what it says are strong results in line with expectations.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Innovation

Tsuneishi marks construction milestone with inaugural methanol-fueled Kamsarmax bulker

Tsuneishi Heavy Industries (THI), Tsuneishi Shipbuilding’s base in the Philippines, has marked a milestone in the construction of a dual-fuel Kamsarmax bulk carrier powered by methanol. As disclosed, the company wrapped up the first block loading for the vessel on April 21, 2025, at THI’s Slipway No

about 1 year ago
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