Italian cruise line Costa Cruises has signed a memorandum of understanding (MoU) with compatriot energy company Enel to promote sustainable maritime mobility using electrification solutions for cruise ships.
Dapeng Princess, the world’s largest shallow draft liquefied natural gas (LNG) carrier, has completed its sea trial and gas trial.
Singapore-based shipbuilder Sembcorp Marine has completed the final unit of three identical fully battery-operated roll-on/roll-off passenger (RoPax) ferries for Norwegian ferry operator Norled. On 9 January, Sembcorp Marine said it had marked the sailaway of the final unit, following the vessel’s h
Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $
Japanese shipping major Mitsui O.S.K. Lines (MOL) has revealed a new name and a new hull color design for its car carriers, which are primarily fuelled by environment-friendly liquefied natural gas (LNG).
Transocean has kicked off a private offering of $500 mil of secured notes to cover in part the acquisition of its second, 8th-gen drillship.
PGS’ 3D seismic vessel Ramform Hyperion yesterday took onboard 89 refugees coming from Afghanistan that it had encountered while in transit from Greece to Malta. Ramform Hyperion came across a small sailboat with refugees onboard early on 8 January and made contact with the Italian coastguard who in
An energy transition project comprised of 14 partners, WHISPER, has been granted €9,2 million in funding from Horizon Europe, which will include retrofitting ships to achieve emission reductions.
Danish ferry operator Scandlines has achieved an 11% reduction in energy consumption and CO2 emissions thanks to new propeller blades installed on hybrid ferries.
Singapore-based LNG Easy, a distributor and provider of LNG infrastructure, has reached a long-term mutually exclusive commercialisation agreement to develop new LNG carrier designs based on B type cargo containment system (CCS). The company signed the agreement with Shangai-based marine environment
Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a
American classification society ABS and South Korean HD Hyundai have signed a memorandum of understanding (MoU) to collaborate on autonomous technology for ships.
Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in U
Chinese shipping company China Merchants Energy Shipping (CMES) has taken delivery of an eco-friendly very large crude carrier (VLCC) from compatriot shipbuilder Dalian Shipbuilding Industry Company (DSIC).
