Norwegian chemical tanker company Stolt Tankers and Germany-based chemical producer BASF have hosted a christening ceremony for the new low-water inland tanker Stolt Ludwigshafen. The vessel was named at BASF’s Ludwigshafen site on May 26, 2023. The ship’s godmother, Barbara Hoyer, Vice President of
Chinese shipping company China Merchants Energy Shipping (CMES) has moved forward with fleet expansion plans by signing contracts for the construction of two massive liquefied natural gas (LNG) carriers and two Aframax crude oil tankers. Dalian Shipbuilding has secured the shipbuilding contracts for
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has held a naming ceremony for two very large gas carriers (VLGCs) built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM).
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
Japanese battery startup PowerX Inc. has unveiled a detailed design of the first-ever battery tanker at the Bariship International Maritime Exhibition held in Imabari City in Japan.
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.
The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. This remarkable ship has captivated onlookers and left them in awe as it arrived on Wednesday morning, 24 May, at APMT 2 at the Prinses Amaliahaven in the port of Rotterdam. MSC
Danish shipping company Norden has entered into an agreement to acquire Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. This strategic move marks Norden’s expansion into new markets including the wind energy segment, which is a growing s
Swedish shipping company Erik Thun Group is investing $3.34 million in the installation of battery packs on nine of its existing vessels in the dry cargo fleet. The ship owner explained that by installing battery packs and making the shore power connection smoother for the vessels, the need to use t
South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received a contract for the construction of two product carriers.
French LNG containment specialist GTT has signed a technical services agreement (TSA) with the shipping and maritime company Eastern Pacific Shipping (EPS) and its LNG affiliate CoolCo. As part of the agreement, GTT is expected to support EPS and CoolCo with the maintenance and operation of a global
Dutch shipowner and operator Royal Wagenborg has revealed that one of its F-class vessels achieved a 68 per cent reduction of greenhouse gas (GHG) emissions while using biofuel during its first Transatlantic voyage.
Quadrise Plc, a supplier of energy solutions, and Vertoro BV, biorefinery specialists, have provided an update on their collaboration to develop a cost-effective supplement or alternative to glycerine in Quadrise’s bioMSAR™ fuel. Quadrise informed it has produced stable blends of bioMSAR™ containing
Oil and gas major ExxonMobil has signed an agreement to supply German liner major Hapag-Lloyd with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. Biofuel is an important part of Hapag-Lloyd’s sustainability journey as biofuel blends can give a meaningful contribution to deca
