Cool Company Limited (CoolCo), an owner, operator and manager of LNG carriers, has exercised its option to acquire two newbuild 2-stroke LNG carriers from affiliates of Eastern Pacific Shipping (EPS). The LNG carriers, named Kool Tiger and Kool Panther, are being built by Hyundai Samho Heavy Industr
Yangzi Xinfu Shipyard, a subsidiary of Jiangsu Yangzijiang Shipbuilding Group, has hosted a delivery ceremony for the fourth 24,000 TEU containership built for Swiss shipping major MSC Group and China Development Bank Financial Leasing Co., Ltd.
Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.
The second vessel of the fleet of gas carriers being built for the ORLEN Group has arrived at the port in Świnoujście, Poland, with a cargo of liquefied natural gas (LNG). The vessel Grażyna Gęsicka delivered some 65,000 tons of LNG loaded at the Freeport terminal in the United States (U.S.). Daniel
The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE
Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performa
Tokyo-based shipping company Mitsui O.S.K. Lines (MOL) has won approval in principle (AiP) from classification societies Det Norsk Veritas AS (DNV) and the American Bureau of Shipping (ABS) for a liquefied CO2 (LCO2) carrier. Additionally, ABS has granted an AiP for a floating storage and offloading
The EU-Interreg North Sea Region project, known as ‘WASP: Wind Assisted Ship Propulsion,’ has concluded with the retrofitting of five commercial vessels with wind-assist systems. As part of the project, three different wind propulsion technologies were rigorously tested, with third-party validations
Provaris Energy, an Australian developer of green hydrogen projects, and its Norwegian counterpart Gen2 Energy have teamed up to develop a large-scale European hydrogen supply chain. With this aim in mind, the parties signed a collaboration agreement to conduct a comprehensive pre-feasibility study
Norwegian provider of shortsea RoRo transportation United European Car Carriers (UECC) has bunkered sustainable biofuel on a time-chartered vessel in collaboration with Dutch biofuel provider GoodFuels and vessel owner NYK. GoodFuels delivered the B30 blend, 470 tonnes of VLSFO and sustainable biofu
Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into a lease agreement for three new LNG carriers with Bank of Communications Financial Leasing Co (BOCOM Leasing). The three 17,400 cbm LNG carriers are under construction at Hudong-Zhonghua Shipbuilding (Group). The lease has been car
Japanese heavyweights Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) have secured an Approval in Principle (AiP) for their jointly developed ammonia and liquefied CO2 (LCO2) carrier from ClassNK. The vessel is designed to carry both ammonia and LCO2 safely and economi
Chinese shipyard Hudong-Zhonghua Shipbuilding has delivered the 15,500 TEU Maersk Charleston to Hong Kong-based shipowner Seaspan Corporation. The containership is the first vessel of the company’s SAVER 15,500 TEU series which comprises six units. The DNV-classed Maersk Charleston will be chartered
UAE-based port operator AD Ports Group and Premier Marine Engineering Services LLC (Premier Marine), a compatriot shipyard company specialising in shipbuilding and repair services to the marine and offshore industries, have formed a new joint venture, SAFEEN Drydocks. The joint venture is structured
