Classification society Lloyd’s Register (LR) and Shanghai COSCO Shipping LNG Investment, a subsidiary of China Shipping Corporation Limited, have signed an agreement to collaborate on a new project that aims to formulate and assess the decarbonization pathway for COSCO Shipping’s existing LNG carrie
Classification society Korean Register (KR) has awarded an Approval in Principle (AiP) for an LNG dual-fuel very large gas carrier (VLGC) jointly developed by KR and HD Hyundai Heavy Industries (HD HHI), a subsidiary of South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE).
Greek ship management service provider Capital Gas Ship Management has revealed more details about its latest construction deal for two 88,000 cbm very large ammonia carriers (VLAC).
Container shipping heavyweight A.P. Moller-Maersk (Maersk) has signed an agreement with energy major Equinor thus securing the supply of green methanol for its landmark, methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024. The agr
Swedish shipowner Sirius Shipping has placed an order for two plus two methanol-ready 15,000 dwt oil/chemical tankers at China Merchants Jinling Shipyard, Yangzho.
Chinese shipbuilder CSSC Qingdao Beihai Shipbuilding in collaboration with China State Shipbuilding Trading has signed a contract for the construction of two 325,000 dwt ore carriers with Singapore-based Winning International Group. The contract marks the inaugural cooperation between Winning Intern
Finnish technology group Wärtsilä has signed a Technical Management Agreement with China LNG Shipping (International) Company for world’s largest shallow draft LNG carrier Dapeng Princess.
Japanese shipping company NYK Line, Malaysian shipping line MISC, and MiQ, a methane measurement certification company, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII). With the new members, the collective of shipping leaders aiming to address the environmental implicatio
Italian shipbuilder Fincantieri has marked construction milestones for two cruise ships owned by MSC’s Explora Journeys. The company floated out Explora II, and cut the steel for Explora II, the first Explora vessel to be powered by liquified natural gas (LNG).
The pioneering design for a floating carbon storage and injection unit (FCSIU), developed by Malaysian offshore energy major Bumi Armada, has won approval in principle (AiP) from the ABS classification society. Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liqui
Shell Shipping and Maritime, CSSC Hudong-Zhonghua Shipbuilding and Wärtsilä Marine have launched a new hybrid electric liquified natural gas (LNG) carrier design.
Japanese industry giants Sumitomo, Toho Gas, Kawasaki Kisen Kaisha (K Line) and Australian Woodside Energy (Woodside) have signed a non-binding memorandum of understanding (MOU) to jointly conduct a feasibility study to establish a carbon capture and storage value chain between Australia and Japan.
Japan’s ClassNK and Fukui Seisakusho have signed a memorandum of understanding (MoU) concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen (LH2) carriers. ClassNK said that, in order to ensure safety in the transport of liquefied hydrogen, the development of safety
Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m
