Siem Offshore has secured a contract for its OSCV Siem Day to undertake cable laying activities on the Norwegian continental shelf. The vessel will carry out cable laying activities during 2022 for a period potentially reaching up to 150 days. Siem Offshore did not reveal the name of the client but
French liquefied natural gas containment specialist, GTT, has secured an order to design tanks for an LNG tanker newbuild.
Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el
German liner major Hapag-Lloyd revealed it has hired the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six dual-fuel containerships with a capacity of over 23,500 TEU. The shipbuilder disclosed the deal earlier today, without naming the company behind the order. The contrac
Norwegian shipowner Solstad Offshore has sold one of its platform supply vessels (PSV), making it the third vessel sale in two months.
Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provisional contract sum of about $6 million.
Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor.
Nowegian ship designer Ulstein Design & Solutions AS has been chosen by compatriot maritime startup Edge Navigation AS as a partner in developing a container vessel with the patented X-Bow hull lines for non-fossil propulsion towards achieving zero emissions in maritime transport.
Swedish shipping company Furetank Rederi AB has announced that its LNG-powered tanker, Fure Viten, departed the China Merchants Jinling Shipyard in Yangzhou for its first zero-emission journey.
Norwegian RoRo shipping company Höegh Autoliners is considering a potential listing as it scales up green vessel investment plans as part of its decarbonization efforts. Namely, Höegh intends to invest in up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent
Japanese shipping companies MOL and K Line are embarking on research into the potential for large-scale CO2 carriers as part of a wider initiative led by Japan’s New Energy and Industrial Technology Development Organization (NEDO). Carbon dioxide Capture, Utilization and Storage (CCUS) is a technolo
South Korean shipping major Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of six ultra large LNG-powered container vessels (ULCVs).
The owners of the Ever Given containership, which has been detained in Egypt since April, have submitted a new compensation proposal to the Suez Canal Authority (SCA) to settle damages caused by the ship’s infamous March grounding. The 20,000 TEU, Panama-flagged, boxship is owned by Japanese company
China National Petroleum International Corporation (CNPC) has inked a deal on the construction of three LNG carriers with Hudong Zhonghua Shipbuilding (Group), a subsidiary of China State Shipbuilding Corporation. Under the terms of the memorandum on construction, the vessels will boast the fourth-g
