Capital Gas Ship Management has taken delivery of the newbuild LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. Capital Gas announced the delivery of the vessel named Amore Mio I via social media on November 7, 2023. The LNG carrier has a cargo capacity of 174,000 cubic
New York-based tanker company International Seaways has exercised options for two scrubber-fitted, LNG dual-fuel ready LR1 vessels at Korean shipbuilder K Shipbuilding Co. The options were lifted in October bringing the ordering tally to four LR1 newbuilds at the yard worth approximately $231 millio
Norwegian shipping and logistic company Wallenius Wilhelmsen has ordered four methanol dual-fuel marine engines from German engine manufacturer MAN Energy Solutions. The engines are intended for the recently confirmed four 9,300 car equivalent unit (CEU) car carriers that will be built in China at t
In a double feat for Shanghai Waigaoqiao Shipbuilding, a subsidiary of China State Shipbuilding Corporation, the shipyard celebrated the delivery and naming of Seaspan Corporation’s two 7,000 TEU container ships. The first ship in the 7,000 TEU series, named ONE Readiness, was officially delivered a
Finnish technology group Wärtsilä and Shipping Corporation of India (SCI) have signed a Memorandum of Understanding (MoU) to explore options for converting at least two SCI’s vessels to be capable of operating on green methanol.
Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise ship, has finished its final sea trials.
Danish marine pump specialist Svanehøj Group revealed that it is being acquired by ITT Inc., a U.S.-based multi-industrial company, which is expanding its presence in the growing market for liquefied gas. Svanehøj specializes in the supply of marine fuel and cargo pumps, along with LNG/LPG tank gaug
Fujian Mawei Shipbuilding and Xiamen Shipbuilding Industry have secured an order for the construction of four 41,000 dwt oil and chemical tankers from an undisclosed European shipowner. Mawei Shipbuilding said that the construction has come into effect and that the construction is set to start at Xi
South Korean shipping line HMM has concluded time charter contracts for four bulk carrier newbuildings. The charter deal is worth around $954.2 million with an undisclosed company and is set to last from 2026 to 2042. The contract marks a significant move in the company’s expansion strategy into the
Team Electric has signed an agreement with Remontowa Shiprepair Yard to provide services for three Polsteam hybrid dual-fuel Ro-Paxes.
South Korean shipbuilding giant HD Hyundai has developed its own low-carbon electric propulsion system for very large crude carriers (VLCCs).
Major energy transition-related updates came from Nordic countries this week. An energy island for large-scale green hydrogen and offshore wind production has been proposed in Åland (Finland). Denmark has just selected winners of its first Power-to-X tender. The first containership to be powered by
A total of 14 orders for methanol-powered ships were recorded in October as demand for alternative fuels in the maritime industry continues to rise in line with the ever-stringent regulatory landscape, data from DNV’s Alternative Fuel Insights (AFI) database shows. Some of the most recent orders saw
Norwegian shipping company Aasen Shipping has placed an order for three new hybrid-powered methanol-ready self-dischargers.
