Japanese heavyweights ITOCHU Corporation, Mitsubishi Heavy Industries, INPEX Corporation and Taisei Corporation have joined hands to conduct a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project. Under the Memorandum of Understanding (MoU), the
Singapore-based shipping company Pacific Carriers Limited (PCL) and compatriot PaxOcean Holdings Pte (PaxOcean) have teamed up with classification society ABS to explore the use of methanol for the PCL’s fleet.
A deep dive into Woodside’s recent activities related to ongoing projects and financial and operational results for 4Q 2022.
Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Cha
Dutch ship design company AURELIA, has joined forces with naval architecture designer NEPA SHIPPING, and ALOFT SYSTEMS, experts in sails and weather routing, on a green retrofitting project involving a 205,000 dwt bulk carrier. The project set out to demonstrate how a combination of innovative solut
UK consortium, including engineering company MAHLE Powertrain and the Royal National Lifeboat Institution, has launched a project to develop sustainable propulsion solutions for retrofit to high-performance marine vessels where batteries and other electrified technologies may not prove practical.
Singapore-based Pacific International Lines (PIL) has partnered with Lloyd’s Register’s fleet optimisation experts, i4 Insight, to help it reduce emissions and maximise fleet performance with a four-year fleet-wide agreement. PIL recently opened a ‘Centre for Maritime Efficiency (CME) which is power
Thanks to the award of a long-term charter contract, Norway’s DOF Group has secured work in Brazil for one of its AHTS vessels.
Avance Rigel, Avance Gas’ third newbuild very large gas carrier (VLGC), has completed gas trials outside Daewoo Shipbuilding & Marine Engineering (DSME) yard in South Korea. The trials took place in January 2023 prior to the vessel’s delivery which is scheduled for early February 2023. The Avance Ri
German container shipping company Hapag-Lloyd has signed a Memorandum of Understanding (MoU) with compatriot energy company Mabanaft to explore options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany and also the Port of Houston, Texas, USA.
Wind propulsion systems developer Norsepower Oy has signed a contract with French ship owner and operator Socatra for the retrofit installation of two rotor sails on the medium range tanker Alcyone. The 50,000 dwt, 2022-built, French flag tanker, chartered by global energy company TotalEnergies, wil
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design of two liquefied natural gas (LNG) carriers from French LNG containment specialist GTT. According to GTT’s statement, the tank design order was placed on behalf of a Middle Eastern shipowner at the beginning of 2023. T
On 23 January, the world’s first methanol ferry, Stena Germanica, was the first non-tanker to complete ship-to-ship (STS) methanol bunkering at the Port of Gothenburg.
SAIC Anji, a wholly-owned subsidiary of China’s SAIC Motor specializing in automotive logistics business, has ordered the construction of seven methanol-ready car carriers. The deal has been split into two separate orders featuring Pure Car and Truck Carrier (PCTC) vessels of 8,900 CEU capacity. Fou
