Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL), through its group company MOL Energia Pte, has signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of TotalEnergies, CSSA Chartering and Shipping Services (CSSA).
Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuilding liquefied natural gas (LNG) carrier at a Chinese shipyard.
UK classification society Lloyd’s Register (LR) and Swedish ferry company Stena Lines will work together on a project to retrofit two fast roll-on/roll-off (RoRo) vessels with methanol propulsion.
Jan De Nul Group has started 2024 with an order book of €8.9 billion, an increase of 38% compared to last year. In its latest financial report, the Belgian company said it had far exceeded its expectations for 2023 and has been net debt-free for the tenth year in a row. In 2023, Jan De Nul reported
Texas-headquartered Oceaneering International has reported an operating income of $44.2 million for its Subsea Robotics division in the first three months of 2024, a 31% increase compared to the first quarter of 2023. In Q1 2024, Oceaneering reported a net income of $15.1 million on revenue of $599
When sailing in favorable conditions, the two BAR Technologies’ WindWings installed on the MV Pyxis Ocean reduced energy consumption of the main engine by 32% per nautical mile, DNV found in an interim report.
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed its 200th liquefied natural gas (LNG) bunkering operation.
Shofu Maru, the “world’s first” coal carrier equipped with the Wind Challenger hard sail wind propulsion system, had achieved daily fuel savings by up to 17% and by 5 to 8% per voyage on average, Japanese shipping company Mitsui O.S.K. Lines (MOL), the owner of the vessel, confirmed.
German shipbuilder Meyer Werft has delivered liquefied natural gas (LNG)-powered cruise ship Silver Ray to Monaco-based cruise company Silversea Cruises.
Scan Global Logistics (SGL) and Hapag-Lloyd have partnered up for a multimillion-dollar ocean biofuel initiative.
Strategic Marine and partners will build three 35-meter surface effect ships (SES), which will be used in the offshore oil and gas industry.
Japanese shipping company NS United Kaiun Kaisha (NS United) has signed a Memorandum of Understanding (MoU) with compatriot companies Nippon Shipyard (NSY), Imabari Shipbuilding, and Japan Marine United Corporation for the construction of a methanol-powered bulk carrier.
The Port of Antwerp-Bruges has launched Methatug, described as “the world’s first” methanol-powered tugboat.
Hexagon Energy Materials has signed an MoU with Oceania Marine Energy regarding the potential development of a low-emissions ammonia bunkering business at Dampier, in the Pilbara region of Western Australia.
