Korean shipbuilding giant, Korea Shipbuilding & Offshore Engineering (KSOE), has unveiled the design of a small modular reactor (SMR)-powered ship, Business Korea reports. This marks the first time a Korean company has revealed such a detailed design concept for an SMR-powered vessel as nuclear powe
Closing an exception year, Israeli container shipping heavyweight ZIM is bullish on the outlook, especially as it starts to welcome LNG-powered newbuilds into the fleet. The company reported total revenues for the full year of 2022 worth $12.56 billion, compared to $10.73 billion for 2021, primarily
SSE Renewables, Marubeni Corporation, and Copenhagen Infrastructure Partners (CIP), the consortium behind Ossian floating offshore wind farm in Scotland, have awarded the contract for geotechnical investigations to Fugro and Ocean Infinity. The Netherlands-based Fugro will focus on downhole geotechn
Monaco-based company Scorpio Tankers has given the notice to exercise its purchase options on six product tankers.
Germany-based engine manufacturer MAN Energy Solutions has obtained Approval in Principle (AiP) from the Italian classification society RINA for its methanol-ready MAN L/V 32/44CR engine. The AiP covers an upgrade concept for the four-stroke engine for conversion to dual-fuel running on methanol, MA
Adriatic LNG, an Italian company, owned by ExxonMobil, QatarEnergy, and Snam, that operates the first liquefied natural gas (LNG) terminal in Italy in terms of regasification capacity and volumes of gas sent into the national distribution grid, has received the 1000th LNG carrier. According to Adria
In early March, Japanese shipping major NYK sent one of its vessels to PHP Ship Recycling Facility in Bangladesh for green recycling. The company said that PHP Ship Recycling Facility, which is a ship-recycling facility operated by PHP Ship Breaking and Recycling Industries Ltd., has become the firs
GAZ-SYSTEM’s Terminal LNG in Świnoujście, Poland, has seen the first delivery of LNG by the Lech Kaczyński, the first LNG carrier built for exclusive use by ORLEN Group and named after former president Lech Kaczyński. The ship was built by Hyundai Heavy Industries, and the ORLEN Group said it will u
Norwegian offshore vessel operator Havila Shipping has secured contract extensions for two of its platform supply vessels (PSVs).
Finnish technology company Wärtsilä has signed a five-year optimised maintenance agreement with National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Group (NMDC Group).
Norway’s Ross Offshore has entered into an agreement with compatriot Teige Gruppen for the charter of the fishing vessel Sunny Lady for survey services. The agreement will initially consist of a charter for this summer where the vessel will be used to carry out several work assignments for Ross Offs
Japanese shipping company NYK has welcomed a new coal carrier that is nder a long-term transport contract with Chugoku Electric Power (EnerGia).
Guangzhou Shipbuilding International (GSI), a subsidiary of state-owned China State Shipbuilding Corporation (CSSC), has signed a contract with Guangzhou Yuanhai Car Carrier Transportation, COSCO Shipping’s joint venture, to build three 7,000 CEU pure car truck carriers (PCTCs). The dual-fuel car ca
VARD has secured a contract with Denmark’s NCT Offshore for the design and construction of a cable laying vessel (CLV) of VARD 9 01 design. The vessel is designed by Vard Design in Ålesund, Norway, the hull will be built at Vard Tulcea in Romania, while the final outfitting, commissioning and delive
