South Korea’s HD Hyundai Marine Solution, a marine solutions provider operating under HD Hyundai, has deployed its AI-powered route optimization system on board domestic commercial vessels for the ‘first time ever’, aiming to slash fuel consumption and harmful emissions. According to HD Hyundai Mari
Renewable energy company SwitcH2 has welcomed a new shareholder on track to finalize the design of its 300 MW offshore floating ammonia project.
South Korea-based HJ Shipbuilding & Construction (HJSC) has clinched its inaugural order this year for an 18,000 cbm liquefied natural gas (LNG) bunkering vessel for compatriot shipping player H-Line Shipping. It is understood that the contract is worth KRW 127.1 billion (about $87.47 million). As d
Singapore-based shipbuilder Strategic Marine has signed a contract with Odyssey Group under which it will construct a new multi-purpose survey vessel for the Australian maritime logistics provider. Strategic Marine said that the vessel would be tailored to meet Odyssey Group’s specific operational n
Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan.
German cruise line TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, has taken delivery of Mein Schiff Relax, the first of two liquefied natural gas (LNG) dual-fuel cruise ships being constructed by Italian shipbuilding player Fincantieri. As disclosed, the red carpet for the
Van Oord’s ten-year-old cable laying vessel (CLV) Nexus has been equipped with advanced selective catalytic reduction (SCR) systems said to reduce 80% of nitrogen (NOx) emissions. Damen Shipyards Group, who built the cable layer ten years ago, installed five SCR units on the Nexus, one for each engi
Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.
In line with efforts to promote decarbonization in maritime transport, Japanese shipping major NYK Line has conducted the first biofuel test run on its coal carrier for a domestic power utility company.
UK-based investment firm Basalt Infrastructure Partners has signed a deal to add a newbuild liquefied natural gas (LNG) carrier to the existing LNG platform owned by its joint venture with Denmark’s Celsius Shipping.
French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.
A subsidiary of UK-based AIS, AIS do Brasil, has secured a contract with what is described as a “leading Brazilian national oil and gas company,” to supply installation buoys for offshore operations in an oil field development in Brazil. According to AIS, the installation buoys are designed for deep
The Yokohama-headquartered shipbuilding player Japan Marine United Corporation (JMU) has delivered the eco-friendly 211,981 dwt bulk carrier Mount Anjin built for Singapore-based Eastern Pacific Shipping (EPS). As informed, the newbuilding was handed over on February 6, 2025, at the Tsu Shipyard in
Holland Shipyard Group has delivered a cable recovery vessel to compatriot shipping company Hudig & Veder which will be chartered to retrieve and recycle subsea cables. The cable recovery vessel Maasvliet is the first of five CIP3800 vessels that will be delivered for Hudig & Veder, with the first t
