The joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A., and Investment Construction Commercial And Industrial S.A. (EKEV SA) signed an agreement with the Hellenic Republic Asset Development Fund (HRADF), which manages the privatization of Greek ports, for the purch
Maersk, the Danish container shipping major, has announced the design details of its first methanol-powered vessel. The company shared photos of the vessel’s design on its social media channels, showing off the feeder vessel from multiple angles. This is a significant milestone for the company and t
Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation (CSSC), has secured a contract for the construction of three dual-fuel vehicle carriers continuing its winning streak in the sector. The order involves the construction of three 8,600 CEU pure car truck ca
Canada’s Chamber of Commerce (CMC), representing over 100 Canadian & U.S. ports, shipowners, and other marine transportation companies operating in the Great Lakes-St., has unveiled its 2023 wish list to legislators and policymakers targeting the creation of a “green corridor” in the Great Lakes–St
South Korean shipbuilder Samsung Heavy Industries (SHI) and Norwegian maritime technology group Kongsberg Maritime (KM) have signed an agreement for the development of autonomous LNG carriers. Under the joint development agreement, the companies aim to develop a 174,000 cbm next-generation LNG carri
In 2023, the world’s top eleven ocean carriers, which include nine members from three global alliances as well as ZIM and Wan Hai Lines, are set to add a whopping 89 large mainline container ships to their fleets, according to Alphaliner. This development is poised to have a significant impact on th
The first unloading of liquefied petroleum gas (LPG) across the deck of the floating storage and regasification unit (FSRU) according to the ship-to-ship principle has been completed at the Elbehafen LNG terminal in Brunsbüttel, Germany. Höegh LNG, the owner of the FSRU Höegh Gannet which was charte
The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to the Netherlands-flagged ship Flevogracht, in what has been described as a ‘crackdown on poor performers in the maritime industry.’ AMSA said that it had detained the general cargo ship Flevogracht, operated by the Spliet
Cochin Shipyard Limited (CSL), India’s top shipbuilder, has won a contract from Dutch logistics company Samskip for the design and construction of two zero-emission feeder container vessels. The project, which includes an option for two more vessels, represents one of the world’s first zero-emission
In a move to further reduce the environmental impact of their vessels, Finnish shipping company Langh Ship and Dutch multimodal operator Samskip have agreed to switch to biofuel operations. The companies said they switched to biofuel operations for the Langh Ship-owned 750 TEU container vessel Edith
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers
Arab Maritime Petroleum Transport Company (AMPTC) has placed an order for the construction of two very large gas carriers at South Korean Hyundai Heavy Industries (HHI). The two VLGCs are slated for delivery by the end of August 2026, HHI’s parent, Korea Shipbuilding & Marine Engineering (KSOE) said
Taiwanese shipping company Wisdom Marine Lines has returned to Namura Shipbuilding for two 40,000 dwt bulk carriers. The company revealed that it would be paying around $33 million per unit at the Japanese yard, bringing the total cost of the order to around $66 million. The duo is slated for delive
SH Diana, a hybrid diesel-electric expedition ship being built for the British cruise line Swan Hellenic, has completed its sea trials. The ship’s builder, Finnish Helsinki Shipyard, confirmed in its social media update that the SH Diana returned from a “successful shakedown cruise” on Sunday evenin
