Netherlands-based Elegant Exit Company (EEC) has signed a Memorandum of Understanding (MoU) with Spain’s Astander Shipyard to collaborate on ship recycling initiatives. Located at the southern end of the Port of Santander, Northern coast of Spain, Astander is a shipyard with 130 years of expertise i
A new milestone in the construction of the Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel, has been achieved with the start of the first multi-fuel engine at the Meyer Turku shipyard. Said to be the world’s most advanced and largest ship with environmentally-friend
The governments of California and Japan have formalized a partnership aimed at working together to cut pollution at seaports and establish green shipping corridors. The two sides signed a Letter of Intent (LoI) on port decarbonization and green shipping corridors on Wednesday in Tokyo as part of a w
Danish shipping company TORM has inked a deal to acquire three 2013-built MR eco product tankers, pushing its fleet to 88 vessels. The company said the tankers will be bought for a total cash consideration of $48.5 million and the issuance of 1.42 million shares. As informed, the three vessels are a
Norway’s FPSO operator BW Offshore has completed the sale of a floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed.
Singapore-based shipping company Ocean Network Express (ONE) has placed an order for ten methanol/ammonia-ready containerships.
Exhaust gas cleaning systems, also known as scrubbers, were installed on 399 ships in 2022, marking a fall of 24% y/y, data from BIMCO shows. The systems are being installed on ships to comply with the IMO 2020 Sulphur Cap as a way of cleaning out sulphur emissions while continuing to burn less expe
The first hydrogen fuel cell-powered ferry in the United States, named Sea Change, has arrived in San Francisco, California. The vessel was towed to the California Bay Area on Sunday, March 13, the San Francisco Chronicle reports, adding that the vessel is expected to start taking its first passenge
COSCO Shipping Heavy Industry (Zhoushan) shipyard has wrapped up its first liquefied natural gas (LNG) dual-fuel bulk carrier desulphurisation conversion on the newbuild Mount Ararat. According to information provided by the VesselsValue, the 210,000 dwt LNG dual-fuel bulker carrier is owned by a Si
As the world seeks to reduce its reliance on fossil fuels, battery-powered vessels are increasingly seen as a viable alternative to traditional diesel-powered ships. This shift is being driven by a range of factors, including advances in battery technology, the decreasing cost of batteries, and a gr
Victoria Shipyards, a subsidiary of Canadian Seaspan Shipyards, has completed the conversion of the diesel engine to run on liquefied natural gas (LNG) onboard TOTE Maritime’s roll-on/roll-off (RoRo) ship.
Subsea 7 has completed the acquisition of additional shares in Seaway 7, bringing its total ownership of the issued and outstanding share capital in the company to 93.94 per cent. On 14 March, Subsea 7 announced it had completed the acquisition of 187,889,551 shares in Seaway 7, corresponding to 21.
RMK Marine Shipyard in Tuzla, Turkey, has laid the keel for an 8000 m3 inland waterways liquified natural gas (LNG) bunker barge owned and operated by LNG Shipping (a joint venture between Victrol and Groupe Sogestran) and long-term time chartered by Shell. The companies said the barge, named LNG Er
North European Oil Trade (NEOT), a Finland-based group specializing in oil and bioproducts sale in the Nordic countries, has signed a charter agreement with Terntank for the shipping company’s two wind/methanol-ready hybrid tankers. Swedish shipping company Terntank placed an order for two plus two
