Chinese powerhouses Cosco Shipping Energy and Sinopec Kantons Holdings, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), have signed an order for the construction of three 175,000 cbm liquified natural gas carriers with the compatriot shipbuilder Dalian Shipbuilding Industry Co. Det
Northern Lights, a joint venture (JV) of energy majors Shell, Equinor, and TotalEnergies, has placed an order for the third LNG-powered, wind-assisted CO2 carrier at China’s Dalian Shipbuilding Offshore Co. (DSOC).
Hamburg-based shipping company United Product Tankers (UPT), part of German firm Schoeller Holdings, has confirmed the order for four eco-friendly tankers in China.
The International Union of Marine Insurance (IUMI) has published recommendations on the safe carriage of electric vehicles (EVs) amid growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and roros with the assertion that many of thes
Enova, a Norwegian government enterprise, has revealed that it will invest NOK 64 million (€5.5 million) for shore power projects at Norway’s ports.
GasLog, owner and operator of LNG carriers, has decided to equip its entire fleet with a smart shipping solution from GTT Group brand, Ascenz Marorka. Under the contract with GasLog, Ascenz Marorka will equip the shipowner’s entire fleet of more than 35 LNG carriers with its Smart Shipping solution.
Norwegian offshore vessel owner Solstad Offshore has secured a contract extension with Ocean Infinity for one of its construction support vessels (CSVs).
Reach Subsea has exercised an option to extend the existing contract for one of Havila Shipping’s IMR, survey, and construction vessels.
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has launched a 7,600 CEU liquefied natural gas (LNG) dual-fuel vehicle carrier being built for SAIC Anji Logistics, a subsidiary of China’s automobile manufacturer SAIC Motor. The ship was ordered back in 2022 as part of a
Hong Kong-based shipowner Seaspan has taken delivery of the fifth 15,000 TEU containership powered by liquified natural gas (LNG) from South Korean shipbuilding company Samsung Heavy Industries (SHI).
The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv
Hamburg-based asset and investment manager MPC Capital AG has held a christening ceremony for two green methanol-ready containerships at renowned shipyard HJ Shipbuilding & Construction.
Solstad Offshore is experiencing a prolonged spell of success, demonstrated by the latest batch of contracts for six vessels in its fleet.
An impressive majority of 68 percent of Finnish maritime respondents who participated in a recent survey have expressed their willingness to pay more money in exchange for emission reduction on their travels. The EPSI Rating’s Passenger Transport 2023 survey examined the customer experience and cust
