Maran Dry Management Inc., a dry bulk shipping unit of the Angelicoussis Group, has signed a joint development project (JDP) agreement with the Italian classification society RINA and Shanghai Ship Research and Design Institute (SDARI) for an LNG and hydrogen-powered bulk carrier. The project will b
The Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s APM Terminals, has signed a concession agreement with the Suez Canal Economic Zone (SCZONE) for the expansion of the terminal. The $500 million agreement purports “financing, design, construction, management, and opera
Circular Maritime Technologies (CMT), a Dutch startup targeting to automate shipbreaking processes, has secured an EU subsidy that would help the company take the project to the next stage of development. CMT said that it won a subsidy as part of the Kansen voor West III, a program largely financed
Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o
China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MOU) to collaborate on industry value chain greenhouse gas (GHG) management. The signing took place in conjunction with the second World Maritime Merchants Forum in Hongkong, organized by CMES. The MOU see
Italian shipbuilder Fincantieri has handed over MSC Seascape to MSC Cruises at a ceremony held at Fincantieri’s yard in Monfalcone. MSC Seascape is the second ship of the Seaside EVO class, an evolution of the Seaside class and joins the sister ships MSC Seaside and MSC Seaview, which entered servic
Danish shipping companies have 51 new vessels under construction, and 25 of them can sail on green fuels, according to a new analysis from Danish Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies. Right now, there is a total of orders for 51 new vessels f
Danish container shipping major A.P. Moller – Maersk has entered into a green methanol partnership with U.S.-based project developer Carbon Sink LLC. The parties have signed a Letter of Intent covering Carbon Sink’s development of green methanol production facilities in the United States. The first
Singapore-based ship management company Eastern Pacific Shipping is investigating an incident involving its managed product tanker Pacific Zircon. “Preliminary reports indicate the vessel, carrying a cargo of gas oil, was hit by a projectile approximately 150 miles off the coast of Oman at about 15:
Seaspan Corporation took delivery of its final 11,800 TEU containership from a series of six ultra-large containerships ordered from Yangzi Xinfu Shipbuilding of Yangzijiang Shipbuilding Group. The New Panamax container vessel was named ZIM Canada at a ceremony held on November 8, as it would be ope
Singapore-based LNG bunker supplier FueLNG revealed that its second LNG bunkering vessel was launched earlier today at Hyundai Mipo Dockyard Co. Ltd., Korea. According to FueLNG, the Singapore-flagged bunker vessel with a carrying capacity of 18,000 cubic meters would be the largest LNG bunkering ve
Navigator Holdings, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, has joined hands with Enterprise Products Partners on expanding their existing ethylene export terminal joint venture at Morgan’s Point, Texas on the Houston Ship Channel. The developments ma
Danish shipping and logistics giant A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change C
Danish ferry operator Molslinjen has entered into a strategic technology and investment deal with compatriot energy storage firm WattsUp Power A/S. The company produces so-called flywheels, which in theory can enable a fast ferry to run entirely on green energy. A flywheel is essentially a mechanica
