Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group AS, signed a contract with Chinese Huanghai Shipbuilding Co. for up to eight low-carbon multipurpose vessels (MPVs).
Japanese shipping company K Line has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier, Lagenda Setia, intended for a long-term charter with Malaysian energy major Petronas LNG. The Chinese shipbuilder Hudong-Zhonghua Shipbuilding (Group) has built the midsize LNG car
MAN Energy Solutions (MAN ES) has secured its first order for six small-bore, seven-cylinder 21/31DF-M GenSets, designed to operate on methanol. The milestone order is part of the construction project for two 9,300 car equivalent unit (CEU) Pure Car and Truck Carriers (PCTCs) destined for China Merc
Swiss marine power company WinGD has received the first-ever approval in principle (AiP) from Lloyd’s Register (LR) for its two-stroke engines fueled with ammonia. According to WinGD, LR’s approval for the X-DF-A dual-fuel range will give shipowners assurance they need to realize vessels using ammon
China’s Hudong-Zhonghua Shipbuilding has completed the ‘two-in-one’ (regular and gas) trial in five and a half days for the 174,000 cubic meter large liquefied natural gas carrier (LNGC) built by the company for China State Shipbuilding Corporation (CSSC) Shipping Leasing, setting what is said to be
China Classification Society (CCS) has issued factory approval and product certificates for the marine methanol dual-fuel boilers developed by CSSC Jiujiang Marine Equipment (Group) Co.
Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract for the construction of eight methanol-powered 9,200 TEU containerships.
Greek dry bulk shipping company Diana Shipping has signed a letter of intent to procure two 81,200 dwt methanol dual-fuel Kamsarmax dry bulk newbuilds. These vessels, with a purchase price of US$46 million each, will be constructed at Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chines
While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship
Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at QR14.2 billion ($3.9 billion), was revealed on September 27, 2023, and is said to mar
Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity, it has been successfully transported as cargo on LPG ships in recent years. Now,
Energy major Shell has carried out the first-ever cruise ship liquefied natural gas (LNG) bunkering operation at the Port of Gibraltar.
Italian shipbuilding giant Fincantieri has secured a substantial €800 million (USD 845 million) medium/long-term sustainability-linked loan. The loan, which spans five years, with a pre-amortization period of three years, will support Fincantieri’s organic growth and burgeoning workload. As informed
French designer and manufacturer of wingsail solution AYRO has secured a 19.2 million € ($21 m) Series B round financing for its OceanWings.
