UK shipowner Carisbrooke Shipping has signed a shipbuilding contract with Dutch shipbuilder Thecla Bodewes Shipyards for the construction of a Labrax 7,280 dwt diesel-electric multipurpose dry cargo vessel. The ship will be fitted with a diesel-electric propulsion system in combination with the adva
Geneva-based energy trading firm Gunvor Group and Norwegian shipping company Solvang ASA have formed a joint venture to own and operate next-generation eco-vessels for the liquefied petroleum gas (LPG) market. The joint venture has placed an order for five very large gas carrier (VLGC) newbuilds wit
The shore power system at HHLA Container Terminal Tollerort (CTT) in Hamburg, Germany was officially inaugurated with the successful supply of shore power to COSCO Shipping Taurus during a ship integration test this week, marking a significant milestone in its practical application. COSCO Shipping s
London-based carbon capture company Carbon Clean has joined forces with Korean construction and project management company Samsung Engineering Co. (SECL) to explore opportunities for onboard carbon capture solutions projects. The two companies have formalized a Joint Development Agreement (JDA) and
A recent study, titled “CII and EU Maritime Decarbonization,” conducted by the research center CE Delft on behalf of the Environmental Defense Fund Europe, found that if European policymakers required ships to achieve top performance (A, B) in climate label Carbon Intensity Indicator (CII), ships co
Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug
C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has signed a framework agreement with the Egyptian government to enable and accelerate large-scale production of green methanol in Egypt. C2X’s ambition is to have a produc
Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup
In the ever-evolving landscape of marine fuels, liquefied natural gas (LNG) is firmly holding its position as a formidable choice for the decarbonization of ships despite a recent uptick in the popularity of methanol. According to the data from a two-month special report from DNV – Maritime’s Altern
Stellamar, the second unit of a series of 12 plug-in hybrid coasters ordered by ESL Shipping’s subsidiary AtoB@C Shipping, hit the water on October 1 at Chowgule Shipyard in India. “I would like to thank all parties involved in this successful project. It is great to be back here at Chowgule Shipyar
The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023. Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Globa
Danish Hvide Sande Shipyard has ordered a hydrogen fuel storage system for a training ship from Hexagon Purus Maritime, a wholly-owned subsidiary of Norwegian Hexagon Purus. Under the purchase order, Hexagon Purus Maritime will deliver its hydrogen fuel storage system incorporating type 4 hydrogen c
Jan De Nul has placed an order for an extra-large cable-laying vessel (CLV) at China’s CMHI Haimen shipyard, which, with its cable-carrying capacity of 28,000 tonnes, is said to be the world’s largest. Named Fleeming Jenkin, the CLV will be equipped with three cable carousels, two mounted on deck an
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered a new LPG-powered LPG/ammonia carrier to compatriot Eneos Ocean Corporation. The vessel, named Eneos Gunjo, was delivered on September 29, 2023, as the second of Kawasaki’s LPG-fueled LPG/ammonia carriers with 86,700 cubic meter capa
