China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.
Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport.
Prysmian’s new cable laying vessel (CLV) Monna Lisa has joined the fleet of the Italian cabling giant, following the completion of its sea trials. The keel-laying ceremony for the CLV, a sister vessel to Leonardo da Vinci, was held in Tulcea, Romania, in April 2023 to mark the start of construction,
Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express.
Greek magnate George Economou-led TMS Group has ordered up to ten 11,400 TEU environmentally friendly containerships in China.
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has launched its first fully electric supply boat (e-supply boat) and laid the keel for its first fully electric tug at PaxOcean Batam.
India’s Seamec Limited has entered into a charter hire with a Saudi Arabian company under which its multipurpose diving support vessel (DSV) will be deployed in the Middle East. Seamec entered into a Bimco charter party with Safeen Al Behar Limited Company, Saudi Arabia, for the charter hire of Seam
UK-based classification society Lloyd’s Register (LR) has joined the LOWNOISER project, a new initiative aimed at tackling underwater noise pollution caused by maritime traffic.
Mitsubishi Shipbuilding and Nippon Gas Line jointly obtained approval in principle (AiP) for a low-pressure type liquefied CO2 (LCO2) carrier for coastal transportation.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with compatriot car exporter Be Forward for pure car carrier book and claim service for used car transport to Africa.
Norwegian vessel owner DOF Group has received more work in the Asia-Pacific (APAC) region set to be performed this year, adding to a number of recently announced awards. The diving support vessel (DSV) Skandi Singapore will execute the first subsea service contract with related saturation diving ser
Cruise company Norwegian Cruise Line Holdings (NCLH) has confirmed an order for four new cruise ships with sustainability features to be constructed by Italian shipbuilder Fincantieri.
German shipping giant Hapag-Lloyd has revealed long-term financing totaling $4 billion for the 24 liquefied natural gas (LNG) dual-fuel boxships that the company booked in October 2024 at two Chinese shipyards. As explained, the green financing comprises four elements. The German container shipping
India has unveiled its intention to set up an INR 250 billion (about $2.9 billion) maritime development fund (MDF) to grow the national ship fleet and support the domestic shipbuilding and repair sector.
