Mitsubishi Shipbuilding, a Yokohama-based subsidiary of Mitsubishi Heavy Industries, has completed a conceptual study for an ammonia bunkering vessel in collaboration with INPEX Corporation. The vessel will be capable of supplying ammonia fuel to ships and the project is being pursued amid the growi
South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) has won an order for the construction of twelve very large container ships from an unnamed European shipping company. The vessels will be built by KSOE’s subsidiary Hyundai Samho Heavy Industries and the contract is wor
Groningen-based shipping company ForestWave has completed the acquisition of Symphony Shipping and its fleet of eight Ecobox vessels. The transaction pushes its owned fleet to 24 units with a total of 248.197 dwat, including three newbuilding vessels that will be delivered in the next two years. One
In its latest report, technology company IDTechEx has forecasted accelerated adoption of green fuel cells, notably hydrogen fuel cells, in marine markets. The maritime sector, which accounts for approximately 2.9% of global carbon emissions, is seeking to meet broader climate goals such as the Paris
Chinese shipbuilder Jiangsu New Yangzi Shipbuilding has delivered Maersk Biscayne to Japanese Lepta Shipping, a joint venture between Nissen Kaiun and Mitsui & Co. The 3,500 TEU newbuilding containership is intended for a charter for Danish container shipping major Maersk. The vessel is believed to
Taiwanese bulk carrier company U-Ming Marine has taken delivery of its third 190,000-ton dual-fuel LNG bulk carrier from Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding. According to a statement from the shipbuilder, the vessel named Ubuntu Integrity was delivered on 31 January. The length of t
Singapore-based tanker owner and operator Hafnia has kicked off the year with the delivery of the first of four new dual-fuel LR2 product tankers. Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, delivered the LNG-powered Hafnia Languedoc at a naming
Singapore-based shipowner Kumiai Navigation has doubled its order for dual-fuel VLGC newbuildings at Kawasaki Heavy Industries to two ships. Each vessel has a capacity of 86,700 cbm for LPG/liquefied ammonia gas. The first vessel from the series was ordered last year, and now the company has two VLG
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a new order for the construction of two LNG carriers worth $500 million, which increased its earnings in orders to $2 billion in the first month of 2023. SHI received the order for two LNG carriers from an undisclosed Oceanian shipp
Having aced its sea trials, Lady Maria Fisher, the second LNG dual-fuel tanker built for British marine engineering services provider James Fisher, has been delivered to its owner. The 6,000dwt LNG dual-fuel vessel was built by China Merchants Jinling (CMJL) shipyard in Yangzhou, China, and it was d
Japanese oil and shipping company Eneos has opened a demonstration plant in Brisbane, Australia, which will produce methylcyclohexane (MCH), a liquid hydrogen carrier. The use of MCH as a hydrogen carrier has the potential to simplify the storage and transportation of hydrogen, which is otherwise a
From the summer of 2023, the Port of Rotterdam, Europe’s top bunkering port, will provide methanol bunkering to sea-going vessels on a regular basis. Last year saw several sea-going ships bunker methanol at the port, the port figures show, resulting in a total of 1,500 tons of methanol sold in 2022.
Low and zero-emission fuels supplier Titan has acquired two small-scale liquefied natural gas (LNG) carriers from Canadian gas transportation company Seapeak for bunkering retrofit. Titan plans to retrofit the vessels – Seapeak Unikum and Seapeak Vision – to ensure suitable LNG bunkering capabilitie
The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj
