The world’s largest cruise company, Carnival Corporation & plc, has signed an agreement with German shipbuilder Meyer Werft for the construction of a new LNG-fueled Excel-class cruise ship. This is the first newbuild order placed by Carnival Corporation in five years. It will be the tenth Excel-clas
Norway-based Aker Solutions has been awarded a contract by its compatriot Equinor to carry out a feasibility study for the latter’s Mongstad industrial transformation project in Vestland County on the west coast of Norway. According to Aker Solutions, the study aims to identify solutions to signific
Greek shipowner Danaos Corporation has placed a $188.4 million order for the construction of two methanol-ready 8,258 TEU containerships at Yangzijiang shipyard in China. The latest fleet renewal move brings the company’s orderbook to twelve ECO methanol-ready containership newbuilds with an aggrega
Belgian shipping major Compagnie Maritime Belge (CMB) has launched its mandatory public takeover bid on all shares in Euronav that are not already directly or indirectly owned by CMB or its affiliates. The move comes after CMB, Euronav’s biggest shareholder, struck a deal with Frontline in October 2
Singapore-based Seatrium, formerly Sembcorp Marine, has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers. The contract will see Seat
French LNG containment specialist GTT has received an order from a Chinese shipyard for the tank design of eight new very large liquefied natural gas carriers (LNGCs). GTT said it will design the tanks for these eight LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3
Chesapeake Energy Corporation, Delfin LNG, a subsidiary of Delfin Midstream, and Gunvor Group, through Gunvor Singapore, have entered into a liquefied natural gas (LNG) export deal that includes executed sales and purchase agreements (SPA) for long-term liquefaction offtake. Under the SPA, Chesapeak
HAV Hydrogen, a subsidiary of HAV Group, has received NOK 12.4 million (around $1.18 million) in funding from Innovation Norway to build, test, and certify a full-scale prototype of a containerized hydrogen (H2) energy system for ships called Zero Emission Pod. The Zero Emission Pod is a complete de
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
FirstBio2Shipping, a bio-LNG project developed by Dutch companies Attero, Nordsol and Titan, is nearing production of the first bio-LNG to be supplied to the maritime sector. On February 13 Nordsol shared a social media update stating that good progress was made in the construction of the bio-LNG pl
Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen and other low-emissions technologies, and the Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of understanding (MoU) to cooperate in the field of clean hydro
As part of the second phase of its massive LNG fleet expansion project, QatarEnergy has selected Qatar Gas Transport Company (Nakilat) to own and operate up to 25 conventional-size LNG carriers pursuant to time charter parties (TCP) to be entered into by affiliates of the two companies. QatarEnergy
François Cornet d’Elzius, Ambassador of Belgium to Cairo, and Waleid Gamal El Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) have met to discuss new aspects of cooperation, including green fuel projects. On February 7, SCZONE said it received d’Elzius within the fra
Euronav NV, the Belgian tanker shipping company, has secured approval for the acquisition of 100% of shares in cleantech maritime group CMB.TECH during a Special General Meeting held on February 7, 2024. The transaction, valued at $1.150 billion in cash, comes at a time of strategic transformation f
