New Times Shipbuilding in China has launched two LNG dual-fuel bulk carriers being built for Bermuda-based bulk carrier company Himalaya Shipping. The two 210,000 dwt vessels, named Mount Norefjell and Mount Ita, are the first two vessels from a series of twelve newcastlemax dry bulk vessels under c
The Shofu Maru, the world’s first bulk carrier to be partially powered by wind, has completed its maiden voyage, putting the hardsail system installed onboard through its paces on a route from Japan to Australia and back. The so-called Wind Challenger system is a telescoping hardsail that harnesses
Averda, a waste management and recycling company, and WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low-carbon fuels, have announced their partnership during the COP27 Climate Conference targeting the development of the first commercial-scale municipal was
The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzing the supply of green fuels, and supporting the global energy transition. The announcement was made on Monday in Egypt at the 27th United Na
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The move was announced by the company’s Chairman and Group CEO, Sultan Ahmed Bin Sulayem while he was addressing delegates at the
Following a series of test calls, the new Côte d’Ivoire Terminal in Abidjan, a joint venture between APM Terminals and Bolloré Ports, officially marked its operational and commercial go-live on 2 November. The first vessel to be officially operated on at the terminal was a 267 metre-long CMA CGM Ros
Italian maritime transportation group Fratelli Cosulich has won a €29.5m loan from a consortium of lenders to finance 70% of the construction costs for a new LNG bunkering vessel currently being built by Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. The lenders include Crédit
Ionian Management Inc., a New York-based ship manager, was sentenced in the District of the Virgin Islands after pleading guilty to a violation of the Act to Prevent Pollution from Ships. The company was sentenced to pay a fine of $250,000 and placed on probation for one year. Specifically, between
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l
With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy
The world’s biggest ice-rated ConRo vessel Baltic Enabler was named at a traditional ceremony in the Port of Antwerp-Bruges held on 2 November 2022. Baltic Enabler and her sister ship Botnia Enabler, owned by Swedish shipping company Wallenius Sol, are both icebreakers with a deadweight of 28,000 to
South Korean shipyard Hyundai Heavy Industries (HHI) has developed a new containership concept that does not require fixing of containers. Hyundai Heavy Industries said that the novel lashing-free containership design, described as the world’s first, has won Design Approval from the American Bureau
Hong Kong-based Pacific Gas, a fully owned subsidiary of Shandong Shipping, has placed an order for four 99,000cbm very large ethane carriers with Chinese shipbuilder Jiangnan Shipbuilding (Group) Co, a subsidiary of China State Shipbuilding Corporation. The contract is estimated to be worth around
Longkou Shipyard in China held the keel laying ceremony for the first vessel from the Sleipner concept, which will be chartered out to Volkswagen Konzernlogistik GmbH & Co. OHG. The ships, which were ordered back in 2021, are being built and will be managed by Swedish ship design and management comp
