Search results for: ships

34152 results

A list of search results

  • 19 January 2021
    Environment, Innovation, Outlook & strategy, Research & Development, Transition, Vessels, Vision

    Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the company’s CEO Søren Skou said in a podcast hosted by Global Optimism. The […]

  • 19 January 2021
    Business & Finance, Environment, Transition, Vessels

    The Cyprus Shipping Deputy Ministry (SDM) is launching a range of green incentives to reward vessels that demonstrate effective emission reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environmental impact. In this way, the ministry wants to […]

  • 15 January 2021
    Human Capital, Regulation & policy, Rules & Regulation, Safety, Vessels

    At least five workers have lost their lives while dismantling out of service ships at shipbreaking facilities in Bangladesh in the final quarter of 2020, the latest quarterly report from the NGO Shipbreaking Platform shows. Two workers fell to their deaths while dismantling two different vessels. In one of the cases, local sources reported that […]

  • 13 January 2021
    Collaboration, Environment, Innovation, Market outlooks, Outlook & strategy, Regulation & policy, Research & Development, Technology, Transition, Vessels

    Decarbonization in the shipping sector is inevitable. However, charting the way forward for the sector seems to be a very complex and demanding task as the industry stakeholders look at how regulations and market-based mechanisms can help the sector transition into a greener future. Regulation will definitely play a role in the process since market-based […]

  • 8 January 2021
    Business developments & projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & strategy, Research & Development, Technology, Transition, Vessels, Vision

    The partnership targets zero-emission shipping markets with next-generation redox flow batteries.

  • 5 January 2021
    Certification & Classification, Environment, Equipment, Operations & Maintenance, Regulation & policy, Rules & Regulation, Transition, Vessels

    Ship classification society Nippon Kaiji Kyokai (ClassNK) said that the installation deadlines based on the BWMS Convention for many of its registered ships are still concentrated in the year 2022. As of the end of November 2020, 7,220 of the 9,159 ships registered with ClassNK are obligated to install BWMS in accordance with the BWM […]

  • 5 January 2021
    Business & Finance, Vessels

    South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has won orders for a total of six containerships worth approximately $818.4 million (KRW 891 billion). The identity of the Asian-based shipowner behind the order was not disclosed. According to Yonhap, the ships will feature 15,000 TEU in carrying capacity. The shipbuilder said that its […]

  • 5 January 2021
    Business developments & projects

    Dry cargo vessel owner and operator Navios Maritime Partners has entered into a definitive merger agreement to acquire container shipping company Navios Maritime Containers.

  • 30 December 2020
    Business & Finance, Vessels

    South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) revealed a contract termination for six containerships worth $711 million. The contract was won in December last year from an undisclosed owner from Africa. The containerships were scheduled for delivery by the end of October 2022. According to DSME, the reason behind the termination is the fact […]

  • 29 December 2020
    Business & Finance, Market outlooks, Ports & Logistics

    Cruise ships without passengers are coming to the Port of Los Angeles in rising numbers as cruise liners turn hopes to the long-awaited resumption of cruising in the U.S. waters. The cruise ships are coming to the port to refuel and restock supplies as a prerequisite to meet federal regulations in order to resume cruising […]

  • 29 December 2020
    Environment, Innovation, Market outlooks, Outlook & strategy, Research & Development, Technology, Transition, Vessels

    The black swan year of 2020 has brought many challenges for the shipping industry, including the ongoing crew change crisis, but it has also shown how the sector can be resilient in the face of adversity and pressure. Gavin Allwright, Secretary-General of the International Windship Association (IWSA), explained that the lessons learned during the pandemic […]

  • 22 December 2020
    Business & Finance, Vessels

    Chinese liner shipping firm SITC International Holdings Co has placed an order for up to ten containerships at a compatriot shipyard Yangzijiang Shipbuilding. The contract includes six firm orders for 2,600 twenty-foot equivalent unit (TEU) containerships and includes options for four additional ships (2+2). The contract is worth $162 million. The six vessels are slated […]

  • 16 December 2020
    Environment, Transition, Vessels

    Evergreen Line has taken delivery of two new 12,000 TEU class F-type containerships featuring optimized hull design and smart ship system. Ever Forever was built at the Geoje Shipyard of Samsung Heavy Industries, while Ever Far was delivered by Imabari Shipbuilding. They are the sixth and seventh vessels respectively of Evergreen’s F-type series. The F-type […]

  • 15 December 2020
    Operations & Maintenance

    Emissions verification company Verifavia Shipping has secured a contract to provide Inventory of Hazardous Materials (IHM) maintenance services for around 350 vessels in the Bernhard Schulte Shipmanagement (BSM) fleet.

  • 14 December 2020
    Authorities & Government, Environment, Ports & Logistics, Regulation & policy, Rules & Regulation, Transition, Vessels

    The risk of shippers evading the EU carbon market is minimal, as it would not be cost-effective, a study by Brussels-based environmental NGO Transport and Environment shows. In 2019, the European Union committed in its European Green Deal to extend the European emissions trading system (ETS) to the maritime sector. Since then, fears have been […]

  • 9 December 2020
    Environment, Equipment, Infrastructure, Innovation, Ports & Logistics, Transition

    Ports of Stockholm has been awarded funding from the Swedish Environmental Protection Agency and the EU for investing in onshore power supply intended for cruise ships. By plugging into onshore power supplied from the local electricity grid cruise ships can shut down their engines and significantly reduce their environmental impact. The project is a joint […]

  • 8 December 2020
    Business & Finance, Vessels

    Hong Kong-based containership owner Seaspan Corporation has entered into purchase orders to build five 12,200 TEU containerships. The order is backed by 18-year long charters from an unnamed liner major. All five vessels are subject to vessel purchase obligations at the conclusion of the charters. The company expects the transaction to add approximately $910 million […]

  • 8 December 2020
    Infrastructure, Vessels

    Denmark-based tanker owner Maersk Product Tankers has entered into an agreement with China Development Bank Financial Leasing (CDBL) for the sale of fourteen product tankers.

  • 4 December 2020
    Business & Finance, Environment, Regulation & policy, Rules & Regulation, Transition, Vessels

    Lack of sufficient recycling capability among shipyards included in the EU list to dismantle large ships remains an issue, according to BIMCO, despite the EU’s efforts to expand the list of approved yards. The EU Ship Recycling Regulation requires all large sea-going vessels sailing under an EU member state flag to use an approved ship recycling facility […]

  • 4 December 2020
    Business & Finance, Business developments & projects

    Burckhardt Compression has secured an order to supply its Laby LNG boil-off gas compressors for two 14,000 TEU LNG-fueled containerships.

  • 1 December 2020
    Business & Finance, Environment, Transition, Vessels

    Canada-based Waterfront Shipping Company (WFS), a wholly-owned subsidiary of Methanex Corporation, has placed an order for eight new methanol dual-fuel vessels with South Korean shipbuilder Hyundai Mipo Dockyard. The vessels will add to WFS’s existing fleet of 11 methanol-fuelled ships, which have been recognized by the marine industry for their use of clean-burning methanol as […]

  • 1 December 2020
    Environment, Outlook & strategy, Technology, Transition

    Denmark’s fully-developed energy island in the North Sea could provide enough green fuel to supply all ships and aircraft refueling in Denmark, a study by the country’s Ministry of Climate, Energy and Public Utilities shows. As reported earlier, Denmark plans to develop two energy islands, one in the Baltic Sea and one in the North […]

  • 19 November 2020
    Business & Finance, Human Capital, Safety, Vessels

    German container shipping company Hapag-Lloyd reported that two of its vessels were facing delays amid COVID-19 infection cases among the crew. The two ships include CSL Manhattan, a 2005-built Panamax containership commercially controlled by Hapag, and Tsingtao Express, a 2007-built Post-Panamax containership owned by Hapag-Lloyd. “During redelivery from the previous charter there was one crew […]

  • 19 November 2020
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Transocean has been awarded contract extensions for two of its drillships that have been working for Petrobras.

  • 17 November 2020
    Equipment, Infrastructure, Vessels

    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