Hercules Tanker Management (HTM), a shipping venture formed by John A. Bassadone, founder and CEO of marine fuels company Peninsula, is expanding its fleet with four new ‘ultra-spec’ tankers capable of supplying methanol and 100% biofuel, with deliveries set to begin in the second quarter of 2025. S
The U.S.-listed Greek dry cargo vessel owner and operator Navios Maritime Partners has placed an order for two methanol-ready 7,900 TEU containerships at a South Korean shipyard. The vessels, which will be built by HJ Shipbuilding & Construction (HJSC), cost the company approximately $106 million ea
Taiwanese shipping company Wan Hai Lines has placed an order for four methanol dual-fuel containerships in South Korea.
Germany-based container shipping major Hapag-Lloyd has placed orders for up to thirty liquefied natural gas (LNG) dual-fuel container vessels in China.
MarinEV, marine electrification business of Singapore-based green technology solutions provider Yinson GreenTech (YGT), has launched the Hydromover 2.0 project, a part of the company’s Hydromover product line of zero-emission electric vessels for light cargo transfer within the port of Singapore, wi
Swedish shipping company Erik Thun has taken delivery of the first plug-in hybrid dry cargo vessel in the next-generation Lake Vanern Max series from Ferus Smit shipyard in the Netherlands. Erik Thun revealed the delivery of the vessel named Lidan October 2, 2024, adding the vessel had sailed from f
Japan’s shipping heavyweight Nippon Yusen Kabushiki Kaisha (NYK) has signed a contract with compatriot Maehata Shipbuilding Corporation to construct a new hybrid electric restaurant ship, underscoring the company’s focus on sustainable maritime operations. As disclosed, the ship is scheduled for com
Classification society ABS has approved a new design of an ammonia floating production storage and offloading (FPSO) unit developed by South Korean shipbuilder Samsung Heavy Industries (SHI). Having completed design reviews on the topside process, interface system, and layout based on class and stat
Following a steel cutting ceremony at Philly Shipyard, Pennsylvania, U.S.-based transportation and logistics company Matson has commenced construction on the first of the company’s three new liquefied natural gas-ready (LNG) Aloha Class containerships, engineered for its Hawaii and China-Long Beach
US-based Sea Cheetah Corporation has entered into a strategic partnership with Toulouse-based hydrogen solutions expert H3 Dynamics to develop the “world’s first” hydrogen-electric wing-in-ground effect (WIGE) vessel and an ecosystem of fueling points.
Finnish technology group Wärtsilä has been selected to supply cargo handling and fuel gas supply systems for five new very large ethane carriers (VLECs) being built in China.
Singapore-based transportation company Om Maritime has placed an order for two eco-friendly 13,800 dwt stainless steel chemical tankers in China.
Australian company Provaris Energy has teamed up with Yinson Production, an independent owner and operator of floating, production, storage, and offloading (FPSO) vessels, to assess the viability of adapting Provaris’ proprietary tank design for compressed hydrogen to develop alternatives for bulk-s
Norwegian equipment provider Zinus has received a contract to provide charging solutions for BC Ferries’ new diesel-electric ferries. As disclosed, the contract, signed with Dutch shipbuilder Damen Shipyards, involves the delivery of ZPP800 tower solution cable management system [CMS] for the quaysi
