The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc
Estonian companies Baltic Workboats AS and BLRT Grupp have joined forces to build a fully electric waste collection tanker for the Port of Klaipeda.
Hengli Engine (Dalian) Co., Ltd., a subsidiary of Hengli Heavy Industry, has entered into a patent licensing agreement with marine engine powerhouse MAN Energy Solutions. The signing ceremony, attended by prominent figures from both companies, was held on July 31, marking the official initiation of
Sea Traders, owned by major Greek shipping magnate George Procopiou, has returned to China for additional bulkers. This time around the company signed an order with CSSC Huangpu Wenchong Shipbuilding Co., a subsidiary of the China State Shipbuilding Corporation (CSSC), for the construction of eight
Bermuda-based bulk carrier company Himalaya Shipping has commenced LNG bunkering of two of its newbuild ships, Mount Norefjell and Mount Matterhorn. The company announced on 2 August that the two ships were bunkered with LNG in Singapore over the last days. Mount Norefjell and Mount Matterhorn, whic
Norwegian ship owning company Ocean Yield revealed it will purchase four LR1 product tankers, to be constructed at Guangzhou Shipyard International (GSI) in China. The design of the vessels will enable the ships to be converted to dual-fuel operation with methanol as fuel. The tankers are scheduled
As per the China Classification Society (CCS), a new generation of 130m Chuanjiang standard bulk carrier, Chang Hang Huo Yun 002, which is a green and intelligent ship solely fueled with LNG, has been launched. The ship, with a deadweight of 9800 tons, is under construction by Zhijiang Shengmao Ship
Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (PCTC) ship design contracts in recent months featuring alternative fuels. Notably, China’s largest electric car manufacturer, BYD Auto, has commissioned four 9,200 CEU PCTCs from China Merchants Indus
Japanese shipping major Mitsui O.S.K. Lines (MOL) and KDDI Corporation have partnered to trial satellite broadband Starlink onboard a MOL Group-operated cruise ship, ferries, and a coastal RoRo vessel aimed at enhancing the communication environment aboard ships.
Technology group Wärtsilä has won a contract to supply methanol-fuelled auxiliary engines for the French shipping company CMA CGM. The engines have been ordered for six 15,000 TEU container vessels which are being built at the Dalian Shipbuilding yard in China. The order was booked by Wärtsilä in Q2
Swedish company Climeon has been contracted to provide waste heat recovery technology for methanol-powered containerships owned by Danish Shipping giant A.P. Moller Maersk.
DeepOcean is chartering a newbuild unmanned surface vessel (USV) which will be used for subsea inspection, maintenance and repair (IMR) and survey work in the offshore renewables and oil & gas industries. DeepOcean entered into a long-term charter agreement with USV AS, a joint venture company estab
Chinese shipping company COSCO Shipping Development reached a significant milestone on July 26 with the launch of its 700 TEU electric container ship (N997) at the COSCO SHIPPING Heavy Industry in Yangzhou. The vessel, powered by portable container-sized batteries, is a 10,000-DWT specific route riv
Indian steel-making company Tata Steel has revealed that it has used a bulk carrier that uses liquified natural gas (LNG) as fuel to transport raw material from Australia to India.
