Norwegian shipping company Höegh Autoliners has announced that after many months of planning, designing, and preparing, the construction of its first Aurora-class vessel commenced. Leaders and representatives from Höegh Autoliners, DNV, Deltamarin, Clarksons, and China Merchants Heavy Industry (CMHI
Greek tanker owner Performance Shipping has signed a contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding for the construction of a 114,000 dwt LNG-ready LR2 Aframax product/crude oil tanker worth $62.6 million. The shipowner said that the tanker is slated fo
Methanol is the fastest-growing alternative fuel option being adopted by shipowners today next to LNG. The rise in popularity, especially over the past year, has been boosted by a massive vote of confidence by one of the world’s largest container shipping companies, Maersk, the example of which has
Italian shipbuilder Fincantieri has launched Sun Princess at its yard in Monfalcone, the first of two LNG-powered cruise ships being built for Princess Cruises, an American cruise line owned by Carnival Corporation. With 175,500 gross tons, Sun Princess is the largest ship built in Italy so far, as
Al Seer Marine, a unit of Abu Dhabi-based International Holding Company, confirmed an order for two additional MR tankers at Korea’s shipbuilder K Shipbuilding. The order was disclosed in a stock exchange filing, a month after K Shipbuilding announced the deal without disclosing the name of the ship
New York-based tanker company International Seaways has taken delivery of the first dual-fuel LNG very large crude carrier (VLCC) Seaways Endeavor. Seaways Endeavor is the first of three dual-fuel LNG VLCCs ordered by the company at South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSM
Singapore-based ship manager Synergy Group is rolling out new tailor-made Personal Protective Equipment (PPE) to its growing number of female seafarers. Synergy, which manages a fleet of over 540 vessels and employs over 20,000 seafarers, commissioned Hercules Safety to manufacture the new gear. The
World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt
Germany’s Wintershall Dea and Belgium’s Fluxys have signed an agreement to jointly cooperate on a cross-border CO2 pipeline network connecting the two countries. As part of the project, CO2 emissions from industrial clusters in southern Germany are to be transported to the German-Belgian border via
Japanese classification society ClassNK has issued four Approvals in Principle (AiPs) to French LNG containment specialist GTT recognizing the company’s latest development projects in alternative fuels. The concepts that won approvals include: – Concept of 12,500m3 LNG Dual-fuelled VLCC fitted with
Officials from two of the world’s busiest ports, the Port of Los Angeles and the Port of Gothenburg, Sweden, have signed a Memorandum of Understanding (MOU) to strengthen their cooperation in a range of areas including sustainability, digital and physical infrastructure, and potential trade opportun
Norwegian shipping company Solstad Offshore has agreed to sell its platform supply vessel (PSV) fleet to U.S. offshore vessel operator Tidewater for a total cash consideration of approximately $577 million, marking an exit from the PSV segment. The PSV fleet consists of 37 vessels, all of which are
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding has delivered a 190,000 dwt dual-fuel bulk carrier Ubuntu Unity to its owner Clouds Marine SA, based in the Marshall Islands. The LNG-powered Capesize bulk is intended for Greek-based Maran Dry Management, according to the data from VesselsValue a
Amogy Inc., a Brooklyn-based developer of energy-dense ammonia power solutions, is making waves in the maritime industry with its ammonia-to-power system which has a massive potential to decarbonize shipping operations. The company just revealed its project which involves retrofitting a 1957-built t
