MISC Berhad, NYK, K Line and CLNG have been awarded long-term time charter contracts by QatarEnergy for seven newbuild liquefied natural gas (LNG) carriers.
Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c
Japanese shipping major NYK is pushing forward with plans to convert its LNG-fueled tugboat Sakigake to operate on ammonia fuel. The tugboat, operated in Tokyo Bay by NYK Group company Shin-Nippon Kaiyosha Corporation, is scheduled to be converted by 2024. The fuel modification contract has been sig
As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to
Taiwanese shipping company Wan Hai Lines hosted a naming ceremony for three 3,013 TEU containerships, built by Japan Marine United Corporation Tsu Shipyard. The naming ceremony was held online in order to meet COVID-19-related precautions. WAN HAI 351、WAN HAI 352 and WAN HAI 353 are the first three
Japanese shipbuilder Kawasaki Heavy Industries has concluded a shipbuilding contract for an LPG and liquified ammonia gas carrier with compatriot shipowner Nippon Yusen Kabushiki Kaisha (NYK). The 86,700 m3 LP/NH3 carrier will be powered by LPG fuel and it is such vessel ordered by NYK. It is equipp
The surging demand for methanol-powered ships over the past 12 months has been triggered by the shipping industry’s accelerating decarbonization push, which has resulted in ordering of 40 methanol-powered ships.
Italian shipowner Grimaldi has taken delivery of Eco Adriatica, the eleventh of a series of twelve hybrid RoRo vessels. With the delivery of Eco Adriatica, the fleet of Grimaldi Green 5th Generation (GG5G) class hybrid vessels, ordered from the Chinese Jinling shipyard in Nanjing, is almost complete
A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t
Naval architecture and marine engineering company Glosten has been selected to design a new coastal research vessel with a hydrogen-hybrid propulsion system for the University of California San Diego’s Scripps Institution of Oceanography. For this project, Glosten will provide the preliminary design
Norway-based shuttle tankers owner and operator Knutsen NYK Offshore Tankers AS (KNOT), an affiliate of NYK, has taken delivery of its first dual-fuel liquefied natural gas (LNG) shuttle tanker to be chartered to Italian energy giant Eni. The vessel, named Frida Knutsen, was delivered on 2 August at
Ultra-large containership with a capacity of 24,116 TEUs built for Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, has been undocked at Hudong-Zhonghua’s shipyard in China. The vessel, deemed the world’s largest containership so far, was
Malaysian oil and gas company Petronas has signed a Memorandum of Understanding (MoU) with six South Korean companies to study the feasibility of a full value chain related to CO2 capture, transport, and storage. The six companies include one of the world’s largest shipbuilders Samsung Heavy Industr
UK-based ship management company V.Group will be providing full technical management of the three LNG dual-fuel new build ships currently under construction at Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).
