Singapore-based shipping company Ocean Network Express One (ONE) has held a naming ceremony for its first owned newbuild container vessel – the 13,800 TEU methanol-ready ONE Sparkle.
Taiwanese container shipping company Evergreen Marine Corporation has placed an order worth around $3 billion for new LNG dual-fuel containerships at South Korean and Chinese shipyards.
SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel, has welcomed a new member. Singapore-headquartered bio-LNG supplier Straits Bio-LNG has joined the coalition to make ‘real strides’ in promoting LNG as a practical solution for shipping decarbonization. Straits Bio-LNG is cur
Austal Australasia, a part of Australian shipbuilding company Austal, has signed a contract with Gotlandsbolaget of Sweden to design and construct a hydrogen-ready vehicle passenger ferry.
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE) has rolled out a nuclear-powered containership model utilizing small modular reactor (SMR) technology to accelerate the development of nuclear-powered vessels.
Japanese ship equipment manufacturer Mitsui E&S has commenced test operation of the large-bore low-speed ammonia dual fuel engine as “a major step” toward decarbonizing the shipping industry.
Renewable energy company SwitcH2 has welcomed a new shareholder on track to finalize the design of its 300 MW offshore floating ammonia project.
Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan.
Van Oord’s ten-year-old cable laying vessel (CLV) Nexus has been equipped with advanced selective catalytic reduction (SCR) systems said to reduce 80% of nitrogen (NOx) emissions. Damen Shipyards Group, who built the cable layer ten years ago, installed five SCR units on the Nexus, one for each engi
Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.
In line with efforts to promote decarbonization in maritime transport, Japanese shipping major NYK Line has conducted the first biofuel test run on its coal carrier for a domestic power utility company.
French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.
The Immingham Green Energy Terminal (IGET), a proposed multi-user liquid bulk green energy terminal located in the Port of Immingham, has received development consent from the UK’s Secretary of State for Transport, marking “a big milestone” for the country’s energy transition.
China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.
