Euronav’s shareholder Compagnie Maritime Belge NV (CMB) is asking for the dismissal of all five members of the tanker giant’s Supervisory Board following the failed merger with Frontline. The company has issued a request to Euronav requesting for a special general meeting of the Supervisory Board as
Chinese shipyard Hudong-Zhonghua Shipbuilding Group Co. has started construction of the second liquefied natural gas (LNG) carrier ordered by Mitsui O.S.K. Lines (MOL) as part of QatarEnergy’s massive LNG shipbuilding program. The construction of the 174,000 cbm carrier started on 16 January at the
Around 1,000 vessels were affected by the recent ransomware cyber-attack on DNV’s ShipManager software, the classification society confirmed. The attack took place on 7 January forcing DNV experts to shut down ShipManager’s IT servers. DNV said that all users can still use the onboard, offline funct
South American ferry operator Buquebús is in talks with Australian catamaran builder Incat Tasmania on the possibility of replacing the LNG powerplant with a battery-electric solution on its newbuilding ferry under construction at the yard. Having an overall length of 130 metres, a width of 32 metre
Neapolitan shipping company Grimaldi Lines has ordered five additional ammonia-ready car carriers in China. The order went to Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and China Shipbuilding Trading Company Limited (CSTC), two subsidiaries of China State Shipbuilding Corporation Limited
Almost nine in ten major ports globally are exposed to damaging climate hazards, according to new research from the University of Oxford’s Environmental Change Institute (ECI). Being located in hazard-prone areas along the coast and close to rivers, which are exposed to storms and floods, ports will
The Port of San Diego is ramping up its efforts to improve air quality at the port by doubling the capacity of ships that can use shore power. Namely, two cruise ships can now simultaneously use shore power in San Diego rather than running their diesel engines while at berth. Previously, only one ve
The US, Canada, and Mexico have ‘committed to combatting the climate crisis’ by working together on the development of a clean hydrogen market in North America. At the conclusion of the North American Leaders’ Summit, the countries agreed to work together in six areas, including methane emissions re
Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group, has taken delivery of its first LNG dual-fuel very large crude carrier (VLCC). The vessel, which was named Antonis I. Angelicoussis after the group’s founder, was delivered on 3 January by South Korean shipbui
Dutch gas shipping company Anthony Veder has committed three LNG carriers to Deutsche ReGas (DRG) for its new floating LNG terminal in Lubmin, Germany. “We are proud that we have been selected by Deutsche ReGas for supporting in their floating LNG terminal,” Jan Valkier, CEO Anthony Veder said. “As
The majority of the newbuilding tonnage ordered in 2022 was alternatively fuelled, according to the data from Clarksons Research. Insights from the shipbroker show that 61% of tonnage ordered last year (35% by number) was alternatively fuelled. Overall, 83.4 million dwt was ordered across vessel sec
Famatown Finance Limited, a company indirectly controlled by trusts settled by shipping billionaire John Fredriksen, has increased its stake in European tanker major Euronav. Euronav disclosed earlier today that Famatown Finance Limited acquired 5,127,000 additional shares and today holds, together
The first of Japan’s two LNG-fueled ferries, the Sunflower Kurenai, owned by Japanese shipping major MOL and operated by its group company Ferry Sunflower Co., has officially entered into service. The ferry launched operation on January 13 between the Osaka-Beppu route, linking Sunflower Ferry Termi
Abu Dhabi-based clean energy company Masdar and four Dutch companies have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam. The MoU was signed by the representatives of Masdar, Port of Amsterdam, SkyNRG, Evos Amste
