A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red Sea. The Nautica was in drydock in Zhoushan, China for r
Eni has attended a sail away ceremony for an FPSO, which is destined to work on its offshore oil and gas field in Côte d’Ivoire.
Norwegian chemical tanker company Stolt Tankers, a subsidiary of Stolt-Nielsen, has signed a two-year agreement with Canada-based Graphite Innovations & Technology (GIT). Under the deal Stol Tankers will apply GIT’s XGIT-PROP graphene-based marine coating to the propellers of 25 ships during 2023. G
In a significant step towards sustainable and decarbonized shipping, China has launched its first-ever hydrogen fuel cell-powered boat. The vessel named ‘Three Gorges Hydrogen Boat No. 1’ was launched on March 17, in Guangdong, China. The vessel was built by Jianglong Shipbuilding Co. Ltd. for Yangt
The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,
Motion Ventures, a Singapore-based maritime venture investment fund, has welcomed 10 maritime corporations to its corporate consortium. The latest corporate investors joining the fund are Lloyd’s Register, Marine Traffic, Meratus Group, Stolt-Nielsen Limited, ShipsFocus, Jurni Capital, TaiShip, Pang
A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030
Prysmian and Vard have held the keel-laying ceremony for Prysmian’s new 171-meter cable-laying vessel which is set to start commercial operations by April 2025. The new vessel is identical to the Leonardo da Vinci, which was designed with input from Prysmian’s technicians and engineers. Prysmian exe
The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual
Finnish technology company Wärtsilä has been contracted to supply the engines for four new 7999 dwt chemical tankers being built for Swedish fleet owner Erik Thun.
DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.
British cruise line Swan Hellenic has welcomed into the fleet its third and largest vessel, SH Diana. The hybrid diesel-electric expedition ship has a polar Class 6 ice-strengthened hull and it has been constructed by the Finnish Helsinki Shipyard. The vessel delivery ceremony took place at the ship
French LNG containment specialist GTT has received two orders from its partner the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of new liquefied natural gas carriers (LNGCs). According to GTT, the orders were made in the first quarter of 2023 for a total
Australian shipbuilder Austal has signed a Letter of Intent (LoI) with Swedish Rederi AB Gotland to design a high-speed catamaran that will be able to run on hydroge
