Danish shipping company Norden has entered into a newbuilding contract with Chinese shipbuilder Nantong Cosco Khi Ship Engineering Co. (NACKS) for four 61,000 dwt dry cargo Ultramax ships, expected to deliver during 2022. Norden’s CEO Jan Rindbo said that the contract was in line with the company’s
A Belfast Maritime Consortium led by Artemis Technologies, a spin-off from the America’s Cup sailing team, Artemis Racing, has won a £33 million ($40 million) UK Government innovation grant to develop zero emissions ferries in the city. With further investment from consortium partners, the total pro
Section 27 of the U.S. Merchant Marine, sponsored by Senator Wesley L. Jones and enacted in June 1920, requires vessels traveling between any two U.S. points to be U.S.-manufactured, -owned, -flagged, and -crewed (with some exceptions). This has become a stumbling stone for the offshore energy indus
CSBC-DEME Wind Engineering (CDWE) has reached the final investment decision (FID) for the construction of Green Jade, the first Taiwan-built floating heavy-lift offshore wind installation vessel. CDWE, a joint venture of DEME Offshore and Taiwanese shipbuilder CSBC, informed in April that it had ini
Industry majors led by shipping giant A.P. Møller – Mærsk have teamed up in an effort to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. Aside to Maersk, the founding members include ABS, Cargill, MAN Energy Solutions, Mitsubishi Heavy
The path toward decarbonization of the shipping industry in line with the IMO 2050 target – a reduction of 50% by 2050 compared to 2008, which still fails to deliver fully on the Paris Agreement objectives, is filled with uncertainty, which might be the main obstacle to the very vision this journey
Ulstein Verft has delivered the Service Operation Vessel (SOV) Windea Jules Verne to Bernhard Schulte Offshore, who chartered the hybrid SOV to GE Renewable Energy for operations at the Merkur offshore wind farm in Germany. Based on the ULSTEIN SX195 design, Windea Jules Verne is 93.4 metres long, h
The board of creditors, self-administration and management of the financially-troubled shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) are fighting to continue the construction of the LNG-powered ferry Honfleur (newbuilding 774).
Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has decided to integrate its shipbuilding and offshore business divisions and scale back the organisation by about 20 per cent.
Classification society ABS has granted Approval in Principle (AIP) to a dual deadweight neo-panamax bulk carrier design from the StandShip Joint Development Partnership (JDP). ABS’ StandShip JDP partners include StandShip Ltd., SeaQuest Marine Project Management, Odense Maritime Technology, Mitsubis
China’s CIMC Raffles, part of the CIMC group, has started building the second LNG-powered RoRo ship for Sweden’s Wallenius SOL. CIMC Raffles started working on the newbuild on June 8 at its yard in Yantai. The ice class vessel is the second out of a batch of two vessels ordered last year and claimed
Greece-based shipping company TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. The newest addition to the shipping company’s fleet is the 174,000-cbm Qogir. TMS Cardiff Gas took delivery of the newbuild LNG vessel on June 1. Qogir wa
Holland Shipyards Group has won a contract for the delivery of two fully electric ferries from Norwegian ferry company Boreal. The vessels are planned to be put into operation on the Abelnes-Andabeløy and Launes-Kvellandstrand routes in the Agder province, Norway. The ferries will measure 49,80 by 1
US floating LNG player Excelerate Energy has recently taken delivery of its tenth floating storage and regasification unit from South Korea’s Daewoo Shipbuilding and Marine Engineering. Excelerate Sequoia has a storage capacity of 173,400 cubic meters and is capable of operating both as an FSRU and
