The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments
Technology company ABB has secured an order worth around $150 million to deliver a comprehensive scope of technologies to power next-generation cruise ships being built by Italian shipbuilder Fincantieri
Singapore-based startup F-drones has carried out the world’s first commercial drone delivery at night to a vessel in Singapore. The operation was carried out on November 1, 2020. The drone navigated a busy anchorage, helping deliver a critical part for Wilhelmsen to Berge Sarstein, a vessel owned by
Qatargas Operating Company Limited (Qatargas) has completed the delivery of the first cargo of liquefied natural gas (LNG) on a Q-Max LNG carrier to the Tianjin LNG receiving terminal in China.
Windthrust Ltd., a subsidiary of National Ports Corporation, has revealed plans for a combined self-propelled floating port and installation vessel for offshore wind turbines, foundations and substations. Oceandock LX’s 60,000m2 deck space and onboard storage facility allow for the components to be
Hong Kong-listed China Development Bank Financial Leasing is buying six vessels from German shipowner Oldendorff Carriers GmbH & Co for $137 million. The vessels include six 60,000-ton bulkers, CDB Leasing said, adding that upon the completion of the transaction the vessels would be leased back to O
Scorpio Bulkers Inc. has entered into agreements with two unaffiliated third parties to sell five Kamsarmax bulkers for a total of $101.5 million. The ships that will be changing hands are the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a
Five crew members have been kidnapped by pirates from a Ghana-flagged vessel in another incident in the Gulf of Guinea.
Korean shipbuilding heavyweights have amassed over $1.06 billion in crude carrier orders in a single day having reported shipbuilding contracts for a total of 13 newbuilds. Korea Shipbuilding & Offshore Engineering has won orders for ten 300,000 ton very large crude carriers (VLCCs) worth $890 milli
Quality Liquefied Natural Gas Transport (QLNG) said its newly built 4000-cbm LNG articulated tug and Barge has completed sea trials.
The European Commission has added new yards to the European List of ship recycling facilities suitable for the dismantling of EU-flagged vessels in an environmentally-friendly way. These include two European yards and two more yards in Turkey. “With the addition of these new yards, ship owners of EU
Joint venture companies belonging to Sovcomflot, NYK Line and Samudera, have secured a $155 million loan to finance an LNG carrier pair.
The interim COVID arrangements which have permitted seafarers to serve longer than 11 months on-board ships will end from February 28, 2021, the Australian Maritime Safety Authority (AMSA) said. Under the Maritime Labour Convention, the normal maximum period that a seafarer can serve aboard a vessel
Chinese shipbuilder Cosco Dalian, a subsidiary of Cosco Shipyard Group, has completed the construction of Carioca MV30 FPSO for Modec.
