UK-based wind-assisted propulsion provider Anemoi Marine Technologies has completed the installation of four folding rotor sails on a second vessel owned by Singapore-based shipping company Berge Bulk. The rotor sails, 5 meters wide and 35 meters tall, were installed on the 208,000 DWT Newcastlemax
DeepOcean has upgraded a multifunctional subsea support and construction vessel it chartered from Olympic Subsea with dedicated cable-lay and installation capacity for offshore wind. The two Norwegian companies entered into a two-year time charter agreement for Olympic Ares in March 2023, with an op
Excelerate Energy, a U.S.-based liquefied natural gas (LNG) company in Texas, has reached a new construction milestone for a newbuild floating storage regasification unit (FSRU), which has wrapped up sea trials ahead of its deployment at a fully integrated LNG import terminal in Iraq.
Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has taken steps to enrich its fleet with four more carbon dioxide (CO2) vessels through charter deals with Mitsui O.S.K. Lines (MOL) and a consortium between Kawasaki Kisen Kaisha (K Line
Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their fourth and final dual-fuel methanol medium-range (MR) tanker constructed in China. The latest addition to Hafnia and Socatra’s IMO II MR fleet, Ecomar Gironde, is part of the joi
Shortly after securing one from the Japanese classification society ClassNK, Oshima Shipbuilding has been awarded approval in principle (AiP) from Lloyd’s Register (LR) for its Ultramax bulk carrier design, ready for multiple alternative fuels and onboard carbon capture and storage (OCCS). The AiP c
Swedish shipping company Stena RoRo has placed an order with China Merchants Industry (CMI) for a new generation of RoRo vessels, comprising two firm C-Flexer-type vessels with options for an additional four. The new C-Flexer design features a highly developed hullform, multi-fuel engines, and a sca
Japan’s shipping player Kawasaki Kisen Kaisha (K Line) has made arrangements with Gail, India’s largest state-owned natural gas company, and J M Baxi Group (J M Baxi), its business partner in India, regarding ownership of a liquefied natural gas (LNG) carrier (LNGC), currently under construction.
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has struck a charter deal with India’s state-owned Oil and Natural Gas Company (ONGC), which enables South Korea’s Samsung Heavy Industries (SHI) to build two very large ethane carriers (VLECs).
A tripartite collaboration has been launched to develop and commercialize a 1 MW-class ammonia-to-power system for vessels, designed to replace conventional marine diesel generators as it converts ammonia into hydrogen, which powers proton exchange membrane fuel cells (PEMFCs) to produce electricity
LNG Japonica Shipping Corporation, a joint venture between Japan’s shipping giant Mitsui O.S.K. Lines (MOL) (74%) and India’s state-owned energy firm Gail (26%), has struck a long-term charter deal for a liquefied natural gas (LNG) carrier (LNGC) with Gail, which is primarily focused on natural gas.
Finnish shipping company Meriaura has placed an order with a Chinese shipyard for a next-generation open deck carrier which will sport advanced multi-fuel engines designed for easy upgrades to operate on future low or zero-carbon fuels. The shipbuilding contract for the 6800 DWT open deck carrier wa
Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has struck deals to divest two platform supply vessels (PSVs) from its fleet.
Following the commissioning of the “world’s first” chemical tanker equipped with sails in 2024, Dutch chemical tanker operator Chemship has placed a new order with compatriot wind propulsion firm Econowind for the installation of wind-assisted ship propulsion technology on two additional vessels. Th
