The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w
Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day p
Italian maritime transportation group Fratelli Cosulich has ordered its first methanol dual-fueled chemical bunker tanker with a capacity of over 8,000 cubic meters and the ability to carry both green methanol and biofuels. According to Fratelli Cosulich, the order for the 7,990 dwt IMO Type II chem
In a remarkable start to the new year, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has reaffirmed its industry dominance by securing an order for the construction of two Very Large Gas Carrier (VLGC) ships. The undisclosed shipping company based in the Middle East placed the order, va
Engine powerhouse MAN Energy Solutions has signed a contract with Turkish powership builder and owner Karpowership for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant ships. The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output
Indonesia’s Pertamina International Shipping (PIS) has welcomed into the fleet two Very Large Gas Carriers (VLGC), optimized for transporting LPG and petrochemical commodities such as ammonia. The twin tankers, each spanning twice the length of a football field, were constructed at Hyundai Samho shi
HD Korea Shipbuilding & Marine Engineering, the holding entity of HD Hyundai Shipbuilding Division, has kickstarted the year on a high note with a flurry of orders. Namely, since the beginning of the year, the South Korean shipbuilding major has signed construction contracts for a total of 25 ships
In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati
An oil tanker was boarded by unidentified armed individuals in military uniforms early this morning, some 50 nautical miles east of Sohar, Oman, the United Kingdom Maritime Trade Operations (UKMTO) said. Upon boarding, the vessel has reportedly altered course toward Iranian territorial waters and co
India’s largest private shipping company Great Eastern Shipping Co. Ltd. has joined forces with Greece-based maritime software company Harbor Lab in a digitalization partnership aimed at optimizing port cost management. Under the collaboration, Great Eastern Shipping has chosen to utilize the full s
Following what has been described as the ‘largest Houthi drone attack’ in the Red Sea on January 9, the U.N. Security Council adopted a resolution demanding that the Houthis immediately cease all attacks on merchant and commercial vessels. At least 21 missiles and drones were launched toward interna
New York-listed dry bulk owner Safe Bulkers has entered into a deal to acquire an 82,000 dwt Kamsarmax bulker with a scheduled delivery date within the third quarter of 2026. According to Safe Bulkers, the newbuild vessel is designed to meet the Phase 3 requirements of Energy Efficiency Design Index
Finland-based marine engineering company Deltamarin has struck a deal with Louis Dreyfus Armateurs (LDA) and Wuchang Shipbuilding Industry Group Co Ltd. (WSIG) to design three roll-on/roll-off vessels for Airbus aircraft subassembly transportation. The construction of the vessels has been commission
In 2023, global shipyards delivered 350 new containerships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024, BIMCO announced. As 2023 saw a relatively low level of container
