New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon captur
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
The cruise industry is pushing forward with the uptake of alternative fuels as part of its decarbonization efforts, with 65 percent of the current orderbook being capable of running on alternative fuels, data from Clarksons shows. What is more, the focus of the newbuilding intertest has shifted to s
Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel, MSC Gemma. The colossal containership was officially handed over to ICBC Financial Leasing Co., Ltd.,
Athens-based dry bulk shipping firm Star Bulk Carriers revealed that its vessel Star Pavlina was declared a constructive total loss due to its prolonged detainment in Ukraine. The detainment occurred in the wake of Russia’s military action against Ukraine on February 24, 2022, resulting in the vesse
The GREEN RAY project has published its findings on methane emissions from a study carried out onboard the Wasaline ferry Aurora Botnia which is powered by LNG. The study was conducted by a team of experts from the VTT Technical Research Centre of Finland, comprising Kati Lehtoranta, Niina Kuittinen
A.P. Moller – Maersk, one of the world’s leading shipping companies with a fleet of over 700 vessels, is looking at retrofitting its existing fleet to run on green methanol as part of its sustainability agenda. The company has emerged as an early adopter of methanol as marine fuel for its newbuilds
Hong Kong-based ship owner Seaspan has taken delivery of the 15,000TEU container ship named ONE Friendship. The boxship was constructed by Jiangsu New Yangzi Shipbuilding as part of a fleet of seven ships, all with a capacity of 15,000TEU. ONE Friendship is the second vessel from the series and is t
Exhaust gas cleaning systems manufacturer Ionada has joined the Green Shipping Programme, a public-private partnership that aims to advance the Norwegian government’s maritime strategies and plans. As a participant in the program, Ionada will work to develop a pilot onboard carbon capture system for
Dry bulk shipping company Eagle Bulk has acquired two high-specification, 2020-built scrubber-fitted Ultramax bulk carriers for $60.2 million. These vessels, renamed the Halifax Eagle and Vancouver Eagle, are expected to be delivered during the second quarter, and will enhance the company’s fleet of
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
Greek shipowner Dynacom Tankers Management has reportedly ordered ten 115,000 dwt Long-Range 2 tankers at China’s Dalian Shipbuilding Industry (DSIC). The LR2 tankers will begin to deliver in the second half of 2025 and continue throughout 2026, Clarksons Shipbrokers said in a weekly report. Broker
Fincantieri, an Italian shipbuilding company, has delivered the newest cruise ship, Viking Saturn, to the Viking cruise line at its Ancona yard. The ship, which is the tenth of its class, has a gross tonnage of approximately 47,800 tons, 465 cabins, and a capacity of up to 930 passengers. The vessel
lomarlabs, a new subsidiary of UK-based shipowner Lomar Shipping, part of LIbra Group, has partnered with climate tech start-up Seabound, in a bid to reduce emissions and catalyse cost-effective methods to capture CO2 onboard vessels. Seabound has developed a patent-pending compact carbon capture de
