German shipbuilder Meyer Group has decided to enter a new market segment — at the Monaco Yacht Show, the company will for the first time show a mega yacht concept powered entirely by fuel cells and batteries.
Seismic vessel utilization has recovered to pre-Covid-19 levels in the third quarter of 2021, with about 68% of the global fleet now surveying or underway, according to a recent report by Rystad Energy. The seismic industry took a hit by the Covid-19 pandemic for several quarters, keeping nearly hal
U.S. classification society American Bureau of Shipping (ABS) and South Korean shipyard Hyundai Heavy Industries (HHI) have completed a joint development project to develop an optimized LNG carrier design.
FPSO operator SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré.
Classification society Bureau Veritas has issued design approval for what will be “the world’s largest” very large gas carriers (VLGCs).
German shipping company Oldendorff Carriers and New Zealand’s shipping service provider South Pacific Shipping (SPS) have finalized a deal that will soon see “the largest vessels to ever call at New Zealand for the loading of logs.”
After achieving its carbon reduction target of 35% compared to a 2005 baseline, American cruise holding company Royal Caribbean Group has committed to further reduce emissions by 25% by 2025 from 2019 levels.
The Finnish technology group Wärtsilä and the Finnish–Swedish ferry operator Wasaline have signed a ten-year optimised maintenance agreement for the Aurora Botnia LNG-powered ferry.
Germany’s boat builder Fassmer Shipyard and compatriot electric drive system provider Torqeedo have developed a fully electric ferry concept for public transport — the Fassmer CIT-E Ferry powered by a Torqeedo integrated drive system.
South Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered French containment specialist GTT’s tank design for two new LNG carriers on behalf of a European ship-owner.
New Zealand state-owned company KiwiRail has secured a $350m loan facility to finance the purchase of two new battery-powered ferries.
The classification society American Bureau of Shipping (ABS) has granted approval in principle (AiP) to French engineering firm GTT and Finnish ship designer Deltamarin for the Aframax LNG tanker design.
Liquefied CO2 carrier designs by South Korean shipyard Hyundai Mipo Dockyard (HMD) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have been granted approval in principle (AIP) by classification society ABS and the Republic of the Marshall Islands (RMI) Maritime Administrat
Murphy Oil is on schedule to achieve the first oil from its Gulf of Mexico fields in 1H 2022 as the King’s Quay FPS has reached Texas.
