Chinese shipping company China Merchants Energy Shipping (CMES) has moved forward with fleet expansion plans by signing contracts for the construction of two massive liquefied natural gas (LNG) carriers and two Aframax crude oil tankers. Dalian Shipbuilding has secured the shipbuilding contracts for
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. This remarkable ship has captivated onlookers and left them in awe as it arrived on Wednesday morning, 24 May, at APMT 2 at the Prinses Amaliahaven in the port of Rotterdam. MSC
Danish shipping company Norden has entered into an agreement to acquire Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. This strategic move marks Norden’s expansion into new markets including the wind energy segment, which is a growing s
Swedish shipping company Erik Thun Group is investing $3.34 million in the installation of battery packs on nine of its existing vessels in the dry cargo fleet. The ship owner explained that by installing battery packs and making the shore power connection smoother for the vessels, the need to use t
Quadrise Plc, a supplier of energy solutions, and Vertoro BV, biorefinery specialists, have provided an update on their collaboration to develop a cost-effective supplement or alternative to glycerine in Quadrise’s bioMSAR™ fuel. Quadrise informed it has produced stable blends of bioMSAR™ containing
Oil and gas major ExxonMobil has signed an agreement to supply German liner major Hapag-Lloyd with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. Biofuel is an important part of Hapag-Lloyd’s sustainability journey as biofuel blends can give a meaningful contribution to deca
Dutch shipping company Future Proof Shipping (FPS) has launched the first hydrogen-powered zero-emissions inland container ship, H2 Barge 1, in Rotterdam, the Netherlands. The official launch of H2 Barge 1 took place in Rotterdam on 25 May. Future Proof Shipping’s zero-emissions 110m x 11.45m inland
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
Great news! Tickets for Offshore Energy Exhibition & Conference 2023 (OEEC) are now available for purchase! OEEC takes place on 28 & 29 November 2023 in RAI Amsterdam. Benefit from the Early Bird price and buy your ticket here to get a 25 % discount by using the code EARLYBIRD2023. OEEC is a premier
The Port of Rotterdam is getting a new CEO after almost ten years. Namely, Boudewijn Siemons will be appointed interim CEO of the Port of Rotterdam Authority effective 15 July 2023, taking over the reins from Allard Castelein, who is stepping down as CEO after nearly a decade. Siemons is currently t
Danish offshore wind developer Ørsted has started the construction of FlagshipONE, Europe’s largest e-methanol project. The groundbreaking ceremony was held on 24 May in Örnsköldsvik, Sweden, in the presence of political and partner companies representatives. According to Ørsted, the groundbreaking
Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe
HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has taken delivery of the first of three emissions-free battery electric tugs that will operate at LNG Canada’s new export facility in Kitimat, British Columbia. The vessel named HaiSea Wamis was buil
