South Korean shipbuilder Samsung Heavy Industries (SHI) has received order for the construction of two liquefied natural gas (LNG) carriers.
Swedish Furetank and Canadian Algoma Central Corporation are expanding the FureBear joint venture to include eight dual-fuel product tankers to trade in Northern Europe. The 50/50 owned joint venture was announced in August with an order for four dual-fuel tankers and is now extended with four addit
Italian shipbuilder Fincantieri has handed over Viking Neptune, a new cruise ship equipped with hydrogen fuel cells, to Swiss cruise line Viking.
Despite pushing forward new initiatives by the shipping sector to achieve zero emissions, 27% to 30% of vessels newly built between 2022 and 2050 will still require conversion to a different fuel in order to meet zero targets, a new whitepaper published by classification society Lloyd’s Register sho
Brooklyn-based technology startup Amogy has signed a collaboration agreement with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of global ammonia producer, Yara International ASA. Under the memorandum of understanding (MOU), Yara will consider Amogy’s ammonia-to-power system as a ze
Swedish companies Stena Oil, Stena Teknik and OljOla have entered into a joint venture agreement to build a bunker supply vessel designed to carry chemicals as per IMO Type II, including methanol and various bio-fuels. “It is our greatest pleasure to inform that through the close cooperation between
Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, has teamed up with compatriot Peak Group AS to establish a joint venture named Skarv Shipping Solutions. The JV founders said that the company aims to help ship and cargo owners reduce their emissions of greenhouse gases and reac
Norway-based company Halten Bulk AS has received NOK 142 million ($13.8 million) for the construction of two hydrogen-powered ships from Enova, a state enterprise owned by the Ministry of Climate and Environment that promotes renewable energy use.
China Merchants Jinling Shipyard in Yangzhou has cut steel for Erik Thun’s Vinga series dual-fuel product tanker ordered in March this year. The 17,999 dwt vessel is a sister to Thun Venern, and it is the latest contribution to the “Vinga-series” of nine previous sister vessels, all trading within t
COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their ammonia-fueled vessel and ammonia supply system designs which are being trialed on a tugboat. Given the challenging characteristics of ammonia,
Taiwanese shipping company Wan Hai Lines has held a naming ceremony for new eco-friendly 3,013 TEU containerships.
New Times Shipbuilding in China has launched two LNG dual-fuel bulk carriers being built for Bermuda-based bulk carrier company Himalaya Shipping. The two 210,000 dwt vessels, named Mount Norefjell and Mount Ita, are the first two vessels from a series of twelve newcastlemax dry bulk vessels under c
Italian maritime transportation group Fratelli Cosulich has won a €29.5m loan from a consortium of lenders to finance 70% of the construction costs for a new LNG bunkering vessel currently being built by Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. The lenders include Crédit
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract to build one liquefied natural gas (LNG) carrier.
