Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focu
Belgian tanker company Euronav NV confirmed this morning that it has lifted the option for one more very large crude carrier (VLCC) at Chinese shipyard Qingdao Beihai and ordered two Suezmaxes at Daehan Shipbuilding in South Korea. The confirmation comes on the heels of shipbroker reports on the ord
Ecomotus’ EcoPro fuel catalyst system, a standalone retrofit design that uses hydrogen to reduce emissions and improve fuel efficiency on marine engines, has been granted full-type approval by the classification society RINA. The EcoPro system is said to optimize the engine’s fuel combustion, contin
The first of eighteen large methanol-powered vessels ordered by Danish shipping and logistics giant A.P. Moller-Maersk will be deployed on the Asia-Europe trade lane, the company revealed.
South Korean shipping giant HMM has inked a landmark contract with China State Shipbuilding Corporation (CSSC) for the construction of up to ten 10,800 CEU LNG dual fuel car carriers. The vessels are set to be constructed at CSSC’s Guangzhou Shipyard International (GSI) for a price of $732 million.
China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals
China Classification Society (CCS) has issued an Approval in Principle (AiP) for the recently launched ammonia engine and five methanol engines developed by Finnish technology group Wärtsilä.
Following in the pioneering footsteps of Maersk, Chinese shipping heavyweight COSCO Line is embarking on a journey to retrofit some of its containerships for methanol propulsion. Namely, COSCO Line has partnered with compatriot China’s COSCO Heavy Industry Shanghai, a COSCO Group shipyard, to retrof
Maritime fuel supplier Peninsula has delivered LNG to Suezmax crude oil tanker, Starway, owned by Singapore-based Eastern Pacific Shipping (EPS) at the Gibraltar Port. Peninsula’s first purpose-built 12,500 cubic meter LNG bunker vessel, Levante LNG, supplied EPS’ Starway with approximately 3,500 cu
Danish shipping giant Maersk has selected Alfa Laval’s fuel supply system FCM Methanol for its pioneering methanol retrofit project.
Türkiye’s Sanmar Shipyard has delivered the third battery electric tug for LNG Canada’s export facility in Kitimat to HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC. The tug named HaiSea Brave is joining its sister vessels HaiSea Wamis and HaiSea W
Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum of understanding (MoU) to jointly develop green solutions, such as using alternative fuels, to decarbonize global supply chains. PIL and DP World signed the agreement at the
China’s Jiangnan Shipyard unveiled what has been described as ‘the world’s largest nuclear-powered container ship design’ during the Marintec China 2023 exhibition in Shanghai, boasting a capacity of 24,000 TEUs. The design uses Molten Salt Reactors, operating under high temperature and low-pressure
Naval architecture and marine engineering company Glosten and technology company Siemens Energy have selected clean energy solutions provider Ballard Power Systems and engineering company Chart Industries as primary equipment vendors for their design of what is slated to be the first hydrogen-hybrid
