Classification society Korean Register (KR) has awarded an Approval in Principle (AiP) for an LNG dual-fuel very large gas carrier (VLGC) jointly developed by KR and HD Hyundai Heavy Industries (HD HHI), a subsidiary of South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE).
Container shipping heavyweight A.P. Moller-Maersk (Maersk) has signed an agreement with energy major Equinor thus securing the supply of green methanol for its landmark, methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024. The agr
Agricultural company Louis Dreyfus Company, French containment specialist GTT and the European Commission have invested in bound4blue’s Series A funding round, becoming shareholders of the company.
Swedish shipowner Sirius Shipping has placed an order for two plus two methanol-ready 15,000 dwt oil/chemical tankers at China Merchants Jinling Shipyard, Yangzho.
Japanese shipping company NYK Line, Malaysian shipping line MISC, and MiQ, a methane measurement certification company, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII). With the new members, the collective of shipping leaders aiming to address the environmental implicatio
Italian shipbuilder Fincantieri has marked construction milestones for two cruise ships owned by MSC’s Explora Journeys. The company floated out Explora II, and cut the steel for Explora II, the first Explora vessel to be powered by liquified natural gas (LNG).
Shell Shipping and Maritime, CSSC Hudong-Zhonghua Shipbuilding and Wärtsilä Marine have launched a new hybrid electric liquified natural gas (LNG) carrier design.
China’s shipbuilding major Jiangnan Shipbuilding has signed a contract with Singaporean shipping company Eastern Pacific Shipping for the construction of two 93,000 cbm liquid ammonia carriers. The design of the very large ammonia carriers (VLAC) has been derived from the shipbuilder’s fourth genera
South Korean shipbuilder Samsung Heavy Industries (SHI) has received Approval in Principle (AiP) for a 200K cbm ultra-large ammonia carrier fuelled by ammonia. The AIP was awarded by Korean Register at Gastech 2023 currently underway in Singapore following a joint development project (JDP) between K
Singapore-based shipowner Kumiai Navigation (PTE) has decided to retrofit one of its 54k DWT LPG tankers with Alfa Laval OceanGlide fluidic air lubrication technology as a way of cutting the ship’s energy consumption and meeting environmental regulations. With this order, Alfa Laval has added LPG ta
South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has won an Approval in Principle (AiP) from and an Approval of Service Suppliers (AOSS) from DNV for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater
Hong Kong-listed shipowner Seacon Shipping Group Holdings Limited has entered into a deal with Japanese Namura Shipbuilding for the construction of two 40,000 dwt bulk carriers. Seacon said that the two vessels are slated for delivery by the end of October 2025. The company is paying $33.48 million
Greek shipping company Neptune Lines has placed an order for two next-generation vessels, specially designed for its short sea trades, with Fujian Mawei shipyard in China. The 4,200 CEU dual-fuel pure car truck carrier (PCTC) vessels will be delivered in 2026. The new vessels are being ordered under
Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on the installation of WinGD’s X-DF-A dual-fuel ammonia engines on forthcoming newbuild vessels. The two companies signed a memorandum of understanding during the Gastech conference in Singapore
