On 1 September 2022, Japanese shipping company NYK and compatriot LNG trading company Q United Energy Supply & Trading, part of Kyuden Group, signed a new multi-year time charter contract for a new liquefied natural gas (LNG) carrier.
Israeli container shipping company ZIM has signed a ten-year marine liquefied natural gas (LNG) sales and purchase agreement with Shell, valued at more than $1 billion. The LNG is intended for ten LNG-fueled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the
Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings.
Knutsen NYK Offshore Tankers (KNOT), a joint venture between Japanese shipping company NYK and Norway’s shipping company TS Shipping Invest, has taken delivery of its second dual-fuel LNG shuttle tanker.
French sailing freight transport company TransOceanic Wind Transport (TOWT) has contracted compatriot shipyard Piriou for the construction of the second 81-metre sailing cargo ship. TOWT ordered the first wind-powered ship at the same shipyard at the beginning of the year. Its delivery is scheduled
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Norwegian shipowner Torghatten Nord for two hydrogen-powered vessels operating on Norway’s longest ferry route, Vestfjordstrekninga, connecting Bodø, Røst, Værøy and Moskenes. The two vessels, designed by Norwegian Ship Design, will us
Japanese shipping company NYK has invested in compatriot Sustainable Energy, a company that specializes in biomass power generation from waste collection. Sustainable Energy has developed an integrated subcritical-water organic-waste power-generation system (ISOP), which decomposes organic substance
Germany’s shipyard Flensburger Schiffbau-Gesellschaft (FSG) and Canadian based Oceanex have signed a memorandum of understanding (MoU) on the innovative design of a climate-neutral container roll-on/roll-off (ConRo) vessel.
South Korean shipbuilder Samsung Heavy Industries (SHI) has laid keel for Sammy Ofer 15,000 TEU dual-fuel containership at its Geoje yard. The LNG-powered vessel is scheduled to join the fleet of Israeli shipping company ZIM Integrated Shipping Services in 2023 under a long-term charter agreement. T
Himalaya Shipping, a Bermuda-based bulk carrier company, has decided to install scrubbers on the entire fleet of twelve vessels presently under construction at New Times Shipyard (NTS) in China. The shipowner said that installation would be carried out within the previously agreed delivery schedule
Japanese shipping major Mitsui O.S.K. Lines (MOL) has placed an order for four Capesize bulkers and two Very Large Crude Carriers (VLCC) powered by LNG as their main fuel, cementing its efforts in having 90 LNG fueled ships by 2030. The four 210,000 DWT-class Capesize bulkers will be built by CSSC Q
Miami-based Storylines residential ships and Brodosplit shipyard in Split, Croatia, have signed a construction contract to build the world’s first private residence ship that will be powered by LNG. Brodosplit, part of the DIV Group, has commenced the engineering phase of the 753-foot (229 meters) p
Germany’s Schlepp- und Fährgesellschaft Kiel (SFK) has christened its second all-electric ferry, MS Wellingdorf.
AtoB@C Shipping, a Swedish subsidiary of ESL Shipping, has declared an option for the construction of five additional vessels at the Indian shipyard Chowgule & Company Private Limited. The order, confirmed by ESL’s parent Aspo Group, comes on the heels of two contracts for a total of seven identical
