Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has held a naming ceremony for two very large gas carriers (VLGCs) built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM).
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
Japanese battery startup PowerX Inc. has unveiled a detailed design of the first-ever battery tanker at the Bariship International Maritime Exhibition held in Imabari City in Japan.
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.
The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. This remarkable ship has captivated onlookers and left them in awe as it arrived on Wednesday morning, 24 May, at APMT 2 at the Prinses Amaliahaven in the port of Rotterdam. MSC
Dutch shipping company Future Proof Shipping (FPS) has launched the first hydrogen-powered zero-emissions inland container ship, H2 Barge 1, in Rotterdam, the Netherlands. The official launch of H2 Barge 1 took place in Rotterdam on 25 May. Future Proof Shipping’s zero-emissions 110m x 11.45m inland
The cruise industry is pushing forward with the uptake of alternative fuels as part of its decarbonization efforts, with 65 percent of the current orderbook being capable of running on alternative fuels, data from Clarksons shows. What is more, the focus of the newbuilding intertest has shifted to s
Swedish shipowner and operator Ahlmark Lines AB and Dutch shipbuilder Royal Bodewes have signed an agreement to build two Royal Bodewes’ 5050 Eco Trader mini bulkers.
Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe
HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has taken delivery of the first of three emissions-free battery electric tugs that will operate at LNG Canada’s new export facility in Kitimat, British Columbia. The vessel named HaiSea Wamis was buil
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has delivered an ammonia fuel supply system for large, low-speed two-stroke marine engines to Japan Engine Corporation (J-ENG). Based in Akashi City, Hyogo Prefecture, J-ENG is actively testing ammonia fuel under diverse con
Dutch shipbuilding major Damen shipyards has inked a partnership agreement with Boluda Towage, part of Spain’s Boluda Corporación Marítima, aimed at bringing zero-emission tugs to Europe. In the harbour and towage sector, electric and methanol-fueled propulsion systems currently offer the best and m
Oslo-listed shipowner Klaveness Combination Carriers (KCC) has entered into a deal with Chinese shipbuilder Jiangsu New Yangzi Shipbuilding Co for the construction of three third generation (CABU III) vessels. The company said that the CABU III newbuilds will introduce a new standard of efficiency w
India Ministry of Ports, Shipping & Waterways (MoPSW) has vowed to provide 30% financial support for the promotion of green shipping. This initiative reflects the government’s dedication to fostering sustainable practices within the shipping industry, which is known for its significant environmental
