Development Bank of Japan (DBJ) and classification society ClassNK have established “Zero-Emission Accelerating Ship Finance (program)” to support the maritime industry’s transition toward decarbonization.
New Zealand’s logistics specialist Move Logistics Group is pressing ahead with the plans to procure a new methanol-ready roll-on, roll-off (RORO) vessel. The company has already secured NZ$10 million ($ 6 million) in co-investment funds from transport agency Waka Kotahi. The government has committed
Norwegian digital solutions provider Kongsberg Digital has signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, a Bermuda-based provider of LNG shipping services.
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has signed a €32.2 million loan agreement with Swedish ship financing provider Svenska Skeppshypotek.
The next-generation ultra-large liquefied carbon dioxide (LCO2) carrier being developed by South Korean shipbuilder Hyundai Heavy Industries Group (HHI) and Hyundai Glovis has obtained approval in principle (AiP) from classification society ABS and the Republic of the Marshall Islands (RMI) Maritime
Allseas is in the process of completing its scope of work in the Tyra redevelopment project by delivering two jackets to a recycling yard.
Taiwanese shipping firm Evergreen Marine has taken delivery of the second 24,000 TEU containership from Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation. The ultra-large boxship, named Ever Aria, is a sister ship to Ever Alot, which was delivered to the container sh
The use of liquefied natural gas (LNG) as fuel for ships has grown exponentially over the past few years as the bridging fuel of choice. At the moment, LNG as a fuel is dominating the orderbook of larger ships. Data from DNV shows that of the 1,046 ships on order with alternative fuels, 167 are [&he
Classification society ABS granted approval in principle (AIP) to CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design & Research Center Co., Ltd (CSDC) for the world’s first methanol-powered Newcastlemax bulk carrier.
Marine propulsion specialist Rolls-Royce has received an order from the Spanish shipyard Armon to supply nine mtu Hybrid PropulsionPacks for nine new ships of Italian high-speed maritime passenger transport company, Liberty Lines.
As demand for marine fuel solutions increases, oil and shipping company Monjasa has acquired Monjasa Shaker, a 9,600 dwt oil and chemical tanker, to be deployed for cargo and bunkering operations in the Arabian Gulf. According to the company, the vessel allows onboard product blending and is capable
Chinese shipyard COSCO has completed the construction of an FPSO vessel for BP’s Greater Tortue Ahmeyim project in Mauritania and Senegal.
The Estonian Transport Administration has signed an agreement with Finnish ship design and engineering company Deltamarin to develop a concept for the new environmentally friendly ferry.
French shipbuilder Chantiers de l’Atlantique and Nordic energy company Gasum have performed the initial bunkering of the first LNG-fueled cruise ship in the port of La Rochelle. Gasum was selected as a supplier of LNG bunker fuel and technical adviser for the vessel which is the first LNG-powered cr
