China Merchants Jinling Shipyard has kicked off construction of wind and methanol-powered 15,000 dwt hybrid tankers ordered by Swedish shipping company Terntank. As disclosed, the first steel cut of the three hybrid tankers took place at the Chinese shipyard on 10 June. Ordered in November 2022, the
Dry bulk owner and operator Norvic Shipping welcomed into the fleet an energy-efficient Ultramax vessel Norvic Copenhagen from Imabari Shipyard during a recent handover ceremony in Japan. The vessel was taken on charter from Japanese shipowner Fujimaru Kaiun earlier this year as the organization con
Dutch shipping company Spliethoff has welcomed into the fleet m.v. Bloemgracht, its second newbuild DP2 multipurpose vessel, from China’s Fuzhou Mawei shipyard. “We are happy to announce that m.v. Bloemgracht has been delivered from Fuzhou Mawei shipyard to Spliethoff Group today, 11 August 2023 at
South Korea’s flagship carrier HMM has signed a new shipbuilding order with China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong for four 38,000-ton multi-purpose heavy-lift ships. Designed by the Shanghai Merchant Ship Design and Research Institute (SDARI), the vessels will be equippe
The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equ
Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU, data from BIMCO shows. As recycling of ships has remained low, the fleet capacity has grown 4.3% since January. The contra
Greek shipowner and operator Eruoseas has taken delivery of its second eco newbuild, M/V Terataki, from Hyundai Mipo Dockyard Co. in South Korea. The M/V Terataki, classified as a 2,800 TEU feeder containership, is compliant with the Energy Efficiency Existing Ship Index (EEDI) Phase 3 standards on
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started construction of the first LNG carrier for compatriot COSCO Shipping Energy and Sinochem Petroleum. According to the shipbuilder’s statement, the construction of the 174,000 m3 LNG carrier began on 8 August at the Changxing Shipbuilding Bas
Dutch bunker supplier Titan has completed the conversion of its recently acquired vessels, Titan Unikum and Titan Vision, into state-of-the-art LNG bunker vessels. The company bought the two ships at the beginning of 2023 from Canadian gas transportation company Seapeak for bunkering retrofit. Titan
China State Shipbuilding Corporation’s Wuchang Shipbuilding has inked a construction contract for two stainless steel chemical tankers, each weighing 25,900 deadweight tons, with Xingtong Shipping Co., a prominent name in the chemical tanker domain in China. The agreement marks an initial partnershi
Florida-based marine company Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf. The eWolf, under continuing construction at Master Boat Builders, is a crucial component of th
The global energy and commodity group, Mercuria, has partnered with maritime innovator ÈTA Shipping to establish a joint venture. This collaboration aims to build six initial electric short sea vessels, with an option for an additional ten ships. The construction of these vessels will be carried out
Dalian Shipbuilding Industry Company (DSIC) has delivered a new, eco-friendly bulk carrier for Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL).
The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build ten LNG-powered behemoths each boasting a 10
