Low-emissions marine fuels supplier Titan has closed a funding round for a 45% equity stake with further follow-on rights from downstream LNG and renewable gases company Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. As explained, the investment in Titan aims to acc
Norwegian shipowner Knutsen Group has welcomed the fourth newbuild LNG carrier, Ignacy Łukasiewicz, that will be chartered to Poland’s PGNiG Supply & Trading, a part of ORLEN Group. South Korean shipyard Hyundai Samho Heavy Industries (HSHI) delivered the 174,000 cubic meter vessel to Knutsen on Dec
Turkish shipbuilder Sanmar Shipyards has delivered Canada’s first LNG dual-fuelled tugboat Haisea Kermode to HaiSea Marine, a joint venture majority owned by the Haisla Nation in partnership with Seaspan ULC. Haisea Kermode can run on diesel or LNG, and features a diesel exhaust after-treatment syst
Tianjin Base of Dalian Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has started construction on the new LNG-powered 16,000 TEU containership ordered by MSC Mediterranean Shipping Company.
Japanese shipping major NYK Line has teamed up with compatriot shipbuilders Namura Shipbuilding Co. and Sasebo Heavy Industries Co. to replace the main propulsion on steam turbine–driven Moss-type LNG carriers. In October 2023, NYK was granted Approval in Principle (AiP) from the Japanese classifica
Italian shipbuilder Fincantieri has celebrated the beginning of construction of the second LNG-powered Sphere Class cruise ship ordered by the US-based cruise line Princess Cruises, part of Carnival Corporation. The keel laying ceremony for the Star Princess took place in Monfalcone, Italy, on Decem
China’s Dalian Shipbuilding Industry Company (DSIC) is pressing on with the construction of 175,000 cubic meter LNG carriers ordered by compatriot China Merchants Energy Shipping (CMES). On December 8, DSIC said it had held a keel laying ceremony for the first ship in the joint project with CMES and
Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation (NNPC) for the development of a floating LNG project in Nigeria, targeting the international LNG market. Wison and NNPC sign
E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers, has christened the first of four new LNG-powered parcel chemical tankers.
Chinese shipbuilder Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group.
Dutch energy infrastructure company VTTI and Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG have signed an agreement to study options to develop and operate the FSRU-based Zeeland Energy Terminal in the Vlissingen port area in the Netherlands. Expected to become operational in the
French LNG containment specialist GTT has signed a strategic agreement with China State Shipbuilding Corporation (CSSC) to cooperate on LNG shipping solutions. Specifically, the agreement provides for cooperation between GTT and twelve subsidiaries of the CSSC conglomerate, notably in ship design an
South Korean shipping giant HMM has inked a landmark contract with China State Shipbuilding Corporation (CSSC) for the construction of up to ten 10,800 CEU LNG dual fuel car carriers. The vessels are set to be constructed at CSSC’s Guangzhou Shipyard International (GSI) for a price of $732 million.
Maritime fuel supplier Peninsula has delivered LNG to Suezmax crude oil tanker, Starway, owned by Singapore-based Eastern Pacific Shipping (EPS) at the Gibraltar Port. Peninsula’s first purpose-built 12,500 cubic meter LNG bunker vessel, Levante LNG, supplied EPS’ Starway with approximately 3,500 cu
