South Korea’s heavyweight HD Hyundai Group has entered into an agreement with compatriot maritime transport company H-Line Shipping to jointly create AI-backed autonomous, environmentally friendly vessel technology. More specifically, as disclosed, the “Joint Development of AI-Based Autonomous and E
Japanese shipping company Mitsui O.S.K. Lines (MOL) has held a naming ceremony for its new LNG-fueled very large crude carrier (VLCC) to be chartered by Norway-based energy giant Equinor.
Yokohama-headquartered shipbuilding player Japan Marine United Corporation (JMU) has passed an environmentally friendly 159,000 dwt Suezmax tanker to its owner. As disclosed, the vessel, which has been christened Ionic Semeli, was delivered on July 23 at JMU’s Tsu shipyard in Mie prefecture. The ves
Norwegian shipping company Knutsen has taken delivery of a liquefied natural gas (LNG) carrier that will be chartered to QatarEnergy.
U.S.-based developer of modular onboard carbon capture and storage solutions Carbon Ridge has deployed a centrifugal onboard carbon capture system (OCCS) on an LR2 product tanker ownedy by Scorpio Tankers.
National efforts to decarbonize the maritime transport industry have intensified in Egypt, inching closer to being developed into a national action plan (NAP) that would tackle greenhouse gas (GHG) emissions both from vessels and ports. As disclosed, the NAP is being crafted with support from the In
Allseas and Boskalis have secured a €1.2 billion contract through their 50:50 consortium with CPC Corporation Taiwan for the design and installation of a 36-inch offshore natural gas pipeline. According to Allseas, the new YT2 pipeline will span approximately 232 kilometers, running parallel to the
China’s Nantong CIMC Sinopacific Offshore & Engineering (SOE) has started constructing the next 20,000 cubic meter (cbm) LNG bunkering vessel for UK-based midstream LNG & BioLNG company Avenir LNG.
Belgian shipping company EXMAR has launched its first ammonia-powered gas carrier at HD Hyundai Mipo shipyard in South Korea.
Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea.
Lloyd’s Register (LR) has awarded approval in principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its 210,000 dwt multi-fuel Newcastlemax bulk carrier design.
Following ‘strong performance results’ from the first installations, Swedish shipping company Terntank has decided to equip two additional methanol-ready hybrid tankers with wind-assisted propulsion systems from Dutch specialist Econowind.
Dutch shipbuilder Holland Shipyards Group has delivered a 12,500 dwt diesel-electric cement carrier to Eureka Shipping, a cement carrier services provider jointly owned by Cyprus-based SMT Shipping and Canada’s CSL Group. The self-discharging vessel—christened Tamarack—was added to its owner’s roste
Eni Congo, a subsidiary of Italy’s energy giant Eni, has hired six vessels on a multi-year assignment from Bourbon, a French maritime services provider, to support operations at its fields off the coast of Congo.
