Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which
The third Suezmax DP2 shuttle tanker, purpose-built for a charter with Petrobras, is expected to start ops in Brazil in a few weeks, says AET.
Italian shipbuilder Fincantieri has delivered the next-generation energy-efficient cruise ship Norwegian Prima to Norwegian Cruise Line (NCL), a part of the US-based Norwegian Cruise Line Holdings. The vessel has been delivered today, 29 July, at Fincantieri’s shipyard in Marghera, Venice. The Norwe
Taiwanese container shipping company Wan Hai Lines has taken delivery of the twelfth and final 2,038 TEU environmentally-friendly containership.
Dutch shipbuilding company Next Generation Shipyards has been selected to construct a pilot ship for the H2Ships project which aims to develop an infrastructure for shipping using hydrogen propulsion. As disclosed, the shipyard was awarded the contract to build Neo Orbis, the hydrogen ship of the Po
Swedish shipping company Furetank has ordered one more dual-fuel tanker to be added to its Vinga series of energy-efficient climate-friendly ships. Like its sister vessels, the new tanker will be built by China Merchants Jinling Shipyard in Yangzhou, with the delivery scheduled for July 2024. Fureta
French engineering company Technip Energies will supply a marine loading arm to compatriot energy major TotalEnergies as part of the floating storage and regasification unit (FSRU) project in Le Havre, France.
Chinese shipbuilder Hudong Zhonghua has started the construction of a 13,000 TEU dual-fuel containership for French shipping major CMA CGM at the Changxing Shipbuilding Base. The construction of the second unit in a series of six 13,000 TEU dual-fuel ships began on 15 July with the steel cutting cer
Enersense and Rauma Marine Constructions (RMC) have signed a new deal on outfitting work for two new LNG-fuelled car and passenger ferries at Rauma shipyard.
K Line’s group company Seagate Corporation will build a new electric tugboat powered by battery, the Japanese shipping company revealed.
Italian shipbuilder Fincantieri has signed a sustainability-linked revolving credit facility with compatriot bank Intesa Sanpaolo for a maximum amount of €500 million (around $505 million). According to Fincantieri, the three-year financing is aimed at covering the financial requirements of the cons
Japanese shipping company MOL Drybulk and the UK-based renewable energy company Drax Group have formed a partnership to reduce emissions and fuel costs associated with shipping biomass by deploying wind power technology on vessels. As part of their partnership, the companies plan to facilitate the d
Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into agreements for the construction of three 85,000 dwt ECO-type dual-fuel vessels.
South Korean shipbuilding group Korea Shipbuilding & Offshore Engineering (KSOE) has received two orders for the construction of a total of ten liquefied natural gas (LNG) carriers.
