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News

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Posted: over 3 years ago

DSME shuts down production amid COVID-19 outbreak

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has stopped production ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Sumitomo Heavy bags ClassNK AiP for methanol dual-fueled tanker design

Japanese shipbuilder Sumitomo Heavy Industries Marine & Engineering has secured an Approval in P...

Categories:
  • Certification & Classification
Posted: over 3 years ago
Posted: over 3 years ago

Number of seafarers awaiting repatriation halved

The number of seafarers requiring repatriation after finishing their contracts has declined from aro...

Categories:
  • Human Capital
Posted: over 3 years ago
Posted: over 3 years ago

GEV wins ABS approval for its C-H2 ship containment system

The American Bureau of Shipping has issued an Approval in Principle to Australian Global Energy Vent...

Categories:
  • Certification & Classification
Posted: over 3 years ago
Posted: over 3 years ago

Hyundai Mipo, KSOE to develop liquefied CO2 tankers

Hyundai Mipo Dockyard and its parent Korea Shipbuilding & Offshore Engineering (KSOE) have signe...

Categories:
  • Innovation
Posted: over 3 years ago
Posted: over 3 years ago

LNG-ready 16,000 TEU HMM Nuri joins HMM’s fleet

South Korea’s shipping company HMM has welcomed into the fleet  HMM Nuri, the first of eight 16,000 ...

Categories:
  • Vessels
Posted: over 3 years ago
Posted: over 3 years ago

MOL makes foray into ocean transport of liquefied CO2

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has decided to invest into Larvik Shipping, ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

CMA CGM cuts its CO2 emissions by 4% in 2020

French container shipping major CMA CGM reduced the overall emissions of its fleet by 4% in 2020 com...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

MARIC wins AiP from RINA for dual-fuel crude oil tanker

Classification society RINA has issued an Approval in Principle (AiP) Certificate to Marine Design a...

Categories:
  • Vessels
Posted: over 3 years ago
Posted: over 3 years ago

MAN showcases its ME-GA Engine

MAN Energy Solutions unveiled yesterday its latest low-speed, dual-fuel engine, a MAN B&W ME-GA ...

Categories:
  • Technology
Posted: over 3 years ago
Posted: over 3 years ago

EDF, Mærsk Mc-Kinney Møller Center pen partnership deal

Environmental Defense Fund and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a ...

Categories:
  • Research & Development
Posted: over 3 years ago
Posted: over 3 years ago

BIMCO: Scrubber-fitted ships nearly double in 15 months

Since January 1, 2020, the number of scrubber-fitted ships has nearly doubled from 2,011 ships to 3,...

Categories:
  • Vessels
Posted: over 3 years ago
Posted: over 3 years ago

Roll-out of fleet-wide wind propulsion by 2050 could unlock $1 trill in fuel savings

Rapid scaling of wind propulsion across the fleet in the next 10 years could not only pay for itself...

Categories:
  • Vessels
Posted: over 3 years ago
Posted: over 3 years ago

Trafigura inks its 1st sustainability-linked loan

Commodity trading company Trafigura has closed its first sustainability-linked loan structure worth ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Major increase in uptake of large ammonia vessels

There has been a notable increase in the uptake of large ammonia vessels over the past year, accordi...

Categories:
  • Research & Development
Posted: over 3 years ago
Posted: over 3 years ago

Report: STX Offshore bags order for petrochemical carrier

South Korean shipbuilder STX Offshore & Shipbuilding has won an order to build a 50,000-ton petr...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Liquid Wind joins Methanol Institute

Liquid Wind, a power to fuel company based in Gothenburg, has joined the Methanol Institute. The com...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Panama calls on IMO to help seafarers stuck in China

Coal trade between Australia and China has turned into a nightmare for over 74 vessels and more than...

Categories:
  • Authorities & Government
Posted: over 3 years ago
Posted: over 3 years ago

Another Asian banker joins Poseidon Principles

MUFG Bank, a consolidated subsidiary of MUFG and the largest bank in Japan, has become a signatory t...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Scrubbers can play a central role in carbon capture

Exhaust gas cleaning systems, better known as scrubbers, can play a central role in carbon capture a...

Categories:
  • Innovation
Posted: over 3 years ago
Posted: over 3 years ago

Wan Hai assigns $1 bn to buy up to nine 13,000 TEU boxships

Taiwanese container shipping company Wan Hai Lines has announced plans to purchase nine close to 13,...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ardmore to drive adoption of hydrogen purification tech

Ardmore Shipping Corporation has signed a Letter of Intent with Element 1 Corp. and Maritime Partner...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

KSOE wins $609 million worth of deals

South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has won o...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Denmark joins co-sponsors of $5 bn research fund

Denmark has joined as a co-sponsor of the proposal to create a $5 billion International Maritime Res...

Categories:
  • Research & Development
Posted: over 3 years ago
Posted: over 3 years ago

Bahri Chemicals inks charter deal for 9 UACC chemical tankers

Saudi Arabia’s national shipping carrier Bahri said that its business unit Bahri Chemicals has...

Categories:
  • Business & Finance
Posted: over 3 years ago