Belgian tanker shipping major Euronav has entered into a deal to buy a Very Large Crude Carrier (VLCC) newbuild from an undisclosed party, paying $112.2 million for the vessel. Under the deal, the company has an option for an additional VLCC newbuild. Euronav said that it has two months to decide wh
Regulatory measures implemented by the International Maritime Organization (IMO) often set out with the noble goal of curbing carbon dioxide (CO2) emissions and promoting sustainability within the global shipping industry. Yet, the journey from regulation to actual emission reduction can be marred b
Dubai-based port operator DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year. The company currently manages approximately 9% of the world’s handling capacity, putting it among the top five global port operator
Maritime fuel supplier Peninsula has concluded its first biofuel deal for Japanese shipping company Kawasaki Kisen Kaisha (K Line). On 11 August, Peninsula arranged the delivery of 700 tons of UCOME-based B24 marine biofuel to K Line’s oceangoing bulk carrier M/V Cape Amal in Hong Kong through local
APM Terminals Pipavav (GPPL – Gujarat Pipavav Port) commenced very large gas carrier (VLGC) operations with the maiden berthing of MT Jag Viraat, owned by Great Eastern Shipping, earlier this month. The VLGC vessel MT Jag Viraat loaded cargo from Ruwais, ADNOC Refinery Jetty, and discharged 21,907 M
Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has started the construction of the first Qatar-bound LNG carrier for K3 Consortium comprising H-Line Shipping, Pan Ocean, and SK Shipping. To mark the start of the construction, the shipbuilder held a steel-cutting cer
COSCO Shipping Special Carriers has welcomed into the fleet its second 68,000-ton ice-class multi-purpose pulp ship, named Green Kotka. The methanol-ready ship was built by Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The Green Kotka is designed to navigate polar regions efficiently
Canada’s HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has welcomed the second emissions-free battery electric tug built by Sanmar Shipyards in Türkiye. The tug named HaiSea Wee’git is joining its sister vessel HaiSea Wamis, which was delivered e
Oslo-listed RoRo vessel operator Wallenius Wilhelmsen ASA has signed a letter of intent for delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight car carriers. The four vessels are set for delivery from mid-2026 and onwards by China’s Ji
The Global Centre for Maritime Decarbonisation (GCMD) has bunkered the third supply chain of a biofuel blend as part of its pilot to develop a quality, quantity and GHG abatement assurance framework for drop-in green fuels. Partnering with Singapore-based tonnage provider Eastern Pacific Shipping (E
Singapore’s shipbuilder Strategic Marine has commissioned an emissions study to validate greenhouse gas emissions reduction using the Sea Forrest Green Cabin Energy Saving System. Sea Forrest is a company specializing in delivering energy management solutions through marine electric and hybrid propu
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has started building a new wharf to facilitate the construction of large-scale LNG carriers. According to a statement by CSSC, Jiangnan Shipbuilding held a groundbreaking ceremony on 10 August for this wharf project
Suiso Frontier, the world’s first liquefied hydrogen carrier built by Kawasaki Heavy Industries (KHI), is scheduled to arrive at the Sultan Qaboos Port in Muscat, Oman, today (14 August). According to local media reports, the ship departed Abu Dhabi and is heading to Muscat for its first visit to th
The successful completion of the oil transfer operation from the FSO Safer marks a significant milestone in averting a potential environmental and humanitarian catastrophe in the Red Sea. However, the mission is far from over, as the next crucial steps involve making a decision that would ensure the
