French LNG containment specialist GTT has received its first order from its new partner the Chinese shipyard China Merchants Heavy Industry-Jiangsu for the tank design of four new liquefied natural gas carriers (LNGCs), on behalf of a European ship-owner. GTT will design the tanks of the four vessel
The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) law, earmarking around EUR 2 billion of the revenues of the Innovation Fund for the maritime sector. European Community Shipowners Association (ECSA) welcomed the move, saying that the deal will mark a tur
Hyundai Mipo Dockyard Co., one of HD Korea Shipbuilding & Offshore Engineering’s three affiliates, has secured an order worth KRW 120.6 billion ($92.8 million) to construct two product carriers for an unnamed Asian shipping company. The product carriers are set to be delivered to the undisclosed shi
The preparations for the launch of the offshore Hong Kong LNG terminal have entered its final stage following the completion of checks and clearance procedures for the floating storage and regasification unit (FSRU) which arrived in Hong Kong on 13 April. Power companies CLP Power Hong Kong Limited
Shandong Shipping, the third largest shipowner in China, has made a major investment in newbuild vessels by ordering twelve 82,000 dwt Kamsarmaxes at Jiangsu New Hantong Ship Heavy Industry. The deal marks the largest newbuild order ever made by Shandong Shipping. The company said that it has signed
The global fleet of the world’s largest containerships has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group for China’s Bank of Communications Financial Leasing (Bocomm Leas
Thirteen Filipino seafarers have made it home after more than five months aboard an abandoned livestock carrier ship, the Yangtze Harmony, following an intervention from the International Transport Workers’ Federation (ITF). The ship’s owners abandoned the vessel and its crew after the ship was ar
Singapore-based offshore wind vessel owner and operator, Marco Polo Marine, has signed a memorandum of understanding (MoU) with Amogy, under which the New York company’s ammonia-to-power systems will be installed on Marco Polo Marine’s offshore wind vessels. The system will be installed on Marco Pol
Dutch shipowner Spliethoff Group hosted a naming ceremony last Saturday in Amsterdam for its newbuild DP2 multipurpose vessel the Brouwersgracht. The christening ceremony was carried out by Mrs N.E. Spliethoff, granddaughter of Johan Fredrik Spliethoff, the founder of the company. The vessel was del
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of the sixth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). The construction of the 174,000 cbm LNG carrier H1836A began with the steel
French LNG containment specialist GTT has secured a new order from its partner the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new liquefied natural gas carriers (LNGCs), on behalf of an Asian ship-owner. GTT will design the tanks of the two vessels, which will each off
Global towage operator Svitzer, a part of A.P. Moller-Maersk, has signed a Memorandum of Understanding (MOU) with Houston-based Caterpillar Marine to adopt solutions that enable Svitzer to utilize methanol in their fleet. Under the partnership, the duo plans to work on the installation of dual-fuel
After being warm stacked for close to three years, a cylindrical FPSO has sailed away from the UK’s Kishorn port (KPL).
LNG-ready luxury ro-ro passenger ship Moby Fantasy embarked on a maiden voyage following its delivery from China State Shipbuilding Corporation’s Guangzhou Shipbuilding International. The 2,500-passenger and 3,800-meter lane vessel was built for MOBY Line Shipping Company and departed from Nansha, G
