The third plug-in hybrid vessel ordered by AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has been launched in India.
Monaco-based shipping company Scorpio Tankers has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five ships.
Dong Kwan Kim, Vice Chairman of South Korean business conglomerate Hanwha Group, has unveiled a new vision for the decarbonization of shipping and introduced Hanwha’s plans to build a zero-emission gas carrier at the 2024 World Economic Forum (WEF) meeting in Davos, Switzerland.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuil
Earlier today SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji Logistics, a subsidiary of
Singapore-based shipping company Ocean Network Express (ONE) has confirmed the order for twelve 13,000 TEU methanol dual-fuel containerships at Jiangnan Shipyard and Yangzijiang Shipbuilding.
Taiwanese shipping company Wan Hai Lines has held a naming ceremony for a new eco-friendly 13,000 TEU containership at Samsung Heavy Industries Geoje shipyard.
Japanese conglomerate Kawasaki Heavy Industries (KHI) achieved a major milestone with the recent delivery of what has been described as the world’s first gas engine hybrid propulsion system designed for a bulk carrier that utilizes a gas engine as the main means of propulsion. The system combines a
The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct t
French company Grain de Sail has celebrated the christening ceremony for Grain de Sail II, the world’s largest modern cargo sailboat built by local shipbuilder Piriou.
BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled.
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma
As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo
The production of the third Icon-class ship for Royal Caribbean Group has started at Finnish Meyer Turku Shipyard.
