Construction of LNG carriers for Greek LNG shipping services provider GasLog has started at Daewoo Shipbuilding & Marine Engineering (DSME) Shipyard in Geoje, South Korea. According to GasLog’s social media update, the construction began with the steel cutting of 174,000 cbm LNG carrier, Hull No. 25
German engine manufacturing powerhouse MAN Energy Solutions revealed on Wednesday that its MAN 49/60DF engine has received its Type Approval after a five-day program on the testbed at the company’s HQ in Augsburg, Germany. The Type Approval Test (TAT) was witnessed by inspectors representing the ABS
Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, plans to introduce its first zero-emission vessel within 2030. The move is part of the company’s updated environmental strategy which is targeting a 45% reduction in energy efficiency operational indicato
Nordic Green Ammonia Powered Ships (NoGAPS) project consortium has revealed the initial ship design for the ammonia-fueled gas carrier M/S NoGAPS. The NoGAPS project brings together key players in the value chain, including Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), Nordic Inn
The MEYER Group, an international consortium specializing in cruise shipbuilding, and the Dutch Shiprepair company Damen Shiprepair & Conversion (DSC) have signed a joint cooperation agreement. Under the agreement, DSC will work with the recently established company MEYER RE, a subsidiary of the MEY
Finnish technology group Wärtsilä has secured a contract to supply reliquefaction systems for eight LNG carriers being built by Chinese shipbuilder Hudong-Zhonghua. According to Wärtsilä, the vessels will be owned by various leading global shipping companies and will be equipped with Wärtsilä Compac
Technology group Wärtsilä will supply the engines for Celebrity Cruises’ fifth Edge Series cruise vessel enabling the ship to run on methanol as fuel. Wärtsilä said that it would convert two Wärtsilä 46F engines to allow them to utilise methanol as fuel, marking the first-ever such conversion for th
Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), has entered into shipbuilding contracts with compatriot insurance conglomerate China Taiping Insurance Holdings for the construction of two LNG carriers. According to the stock exchange filing, China Taiping Insurance si
Stolt-Nielsen’s units Stolthaven Terminals and Stolt Tankers are exploring the potential of ammonia as a greener alternative to traditional petroleum-based marine fuels to support the ongoing transition to low and zero-carbon energies. In line with this, Stolthaven Terminals, a provider of storage s
Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, and compatriot energy company GS Energy have agreed to cooperate in eco-friendly business areas, including clean ammonia and hydrogen. To this end, the parties signed a memorandum of understanding (MoU) on 27 March. Under the MoU, Hyu
Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has entered into agreements with units of GasLog and GasLog Partners to purchase two LNG carriers. According to CDB Leasing’s stock exchange filing, the company entered into vessel purchase agreements with Gas-five, an en
Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. The company announced on 24 March that the 50,000 dwt vessel was delivered by Hyundai Vietnam Shipyard. The ship is assigned with Wind-A
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
Japanese shipping major Mitsui O.S.K. Lines (MOL) revealed today that it is working on an Ocean Thermal Energy Conversion (OTEC) demonstration project using deep ocean water on Kume Island, Okinawa Prefecture. The company said that the project is being implemented together with Xenesys, Inc. and Sag
