Oslo-based shipping company Höegh Autoliners ASA has revealed a new contract with a major East Asian car producer to transport cars, predominantly electric vehicles (EVs), from Asia to Europe. Valid until the conclusion of 2028, the agreement signifies a significant step for the company in the autom
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuil
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally
Earlier today SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji Logistics, a subsidiary of
MSC Euribia, MSC Cruises’ second LNG-powered cruise ship, has been fueled with LNG during its inaugural port to Cadiz port in Spain. In what has been described as another milestone for MSC Euribia, the vessel became the first cruise ship to be fueled with LNG at this Spanish port. LNG was provided b
Classification society ClassNK has awarded approval in principle (AiP) to Japanese company Yanmar Power Technology (YPT) for a maritime hydrogen fuel cell system, marking the first AiP certification for such a system developed by a Japanese manufacturer. The 300 kW maritime hydrogen fuel cell system
Japanese conglomerate Kawasaki Heavy Industries (KHI) achieved a major milestone with the recent delivery of what has been described as the world’s first gas engine hybrid propulsion system designed for a bulk carrier that utilizes a gas engine as the main means of propulsion. The system combines a
Marine fuels supplier Stena Oil has commenced operations at the new fuel terminal at the Port of Frederikshavn in Denmark where a newly built bunkering vessel that handles various types of fuels, including biofuels and methanol, will be deployed. To mark taking possession of the terminal, Stena Oil’
The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct t
UAE-based port operator AD Ports Group has teamed up with French shipping major CMA CGM Group and Ecocean, an innovative company serving aquatic biodiversity, on a scientific cooperation journey. The alliance aims to breathe new life into Khalifa Port through the installation of 48 Biohuts, creating
Corvus Energy, a supplier of energy storage solutions for the maritime industry, has secured funding for the integration of ammonia cracker technology with its hydrogen fuel cell system (FCS), the so-called Pelican Fuel Cell system. The project funding is part of the Horizon Europe Framework Program
Eagle Bulk Shipping’s bulker MV Gibraltar Eagle is the latest commercial vessel to be targeted by the Houthis in the Red Sea as tensions in the region escalate following U.S. and U.K.-led airstrikes on Houthi’s positions in Yemen. The Conneticut-based dry bulk shipping major confirmed the attack in
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma
As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo
