Greek shipowner Aegean Shipping Management has entered into a pact with COSCO Shipping Heavy Industry Yangzhou for the construction of two LR2 ice-class tankers, each boasting a carrying capacity of 114,000 deadweight tons (dwt). The contract brings the total number of vessels constructed at COSCO b
Damen Shipyards Group officially launched its fully electric Service Operations Vessel (SOV) with offshore charging capabilities on November 28 at the Offshore Energy Exhibition & Conference 2023 in Amsterdam. The company says that the new SOV 7017 E, said to be the world’s first vessel with offshor
Italian shipbuilder Fincantieri has launched Mein Schiff Relax, the inaugural vessel of the inTUItion class, a series of two LNG dual-fuel cruise ships being built for TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises. The vessel, utilizing Liquid Natural Gas (LNG) and Marine G
Danish industry major A.P. Møller – Maersk A/S has bid adieu to its stake in Höegh Autoliners ASA, selling the remaining 10.48% of the company’s shares. The deal, valued at a cool NOK 1,800 million, went down at NOK 90.00 per share, totaling a massive 20 million shares in the transaction. With the i
Norwegian RoRo shipping company Höegh Autoliners announced the arrival of the main engine for the first car carrier vessel of its Aurora Class newbuilds. The engine, produced in Ulsan, South Korea, has completed its journey to the China Merchants Heavy Industry shipyard in Jiangsu, China, setting th
The Shimonoseki Shipyard of Mitsubishi Heavy Industries hosted today the naming and delivery ceremony for a demonstration test ship intended for transportation of liquefied carbon dioxide (LCO2). The ship will be used for carbon capture and storage (CCUS) demonstration projects being conducted by Ja
Members of the Federation of European Private Port Operators (FEPORT), meeting in Antwerp for their General Assembly, expressed growing concerns about potential cargo diversion from EU ports due to the forthcoming implementation of the EU ETS for shipping in 2024. The EU ETS directive for the mariti
Environmental activists from Rising Tide blocked the Port of Newcastle, the world’s largest coal port, over the weekend demanding action on climate change and rejecting new coal projects. The blockade, which commenced at 10 am on Saturday, has gathered over a thousand of individuals who joined in ka
A chemical tanker flying the Liberian flag, initially reported as targeted and boarded by pirates on Sunday morning off the coast of Somalia, has been successfully freed, the U.S. Central Command confirmed. The 22 crew members, who were onboard the Liberian-flagged Central Park (IMO: 9725823), owned
Ferry operator Scandlines revealed that its new zero direct emissions freight ferry was launched from the Turkish Cemre Shipyard over the weekend. The 100 percent electric freight ferry is set to be named Futura at a naming ceremony in connection with its deployment on the Fehmarn Belt between Germa
Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered the X-Press Pisces, a 7000TEU container vessel to Singapore-based shipowner X-Press Feeders. The delivery comes on the heels of SWS surpassing its annual delivery targets with 23 mercha
Norwegian cleantech company TECO 2030 has injected its 400 kW fuel cell system with hydrogen, aiming to deploy the first system for marine vessels and other heavy-duty equipment during the first half of 2024. Over the past few months, the company has built and installed the FCM400 into the test benc
Copenhagen-based technology provider specializing in maritime safety and sustainability Danelec has acquired New York-based maritime technology company Nautilus Labs. “With the acquisition of Nautilus Labs’ AI-based technology platform, we are looking to broaden our scope of impact. Not only do we g
In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group and Harim Group have emerged as the primary contenders, narrowing down the field in this maritime competition. Previous reports indicated that four companies from South Korea were in the bidding race including, SM Gr
