
Japanese shipping major Mitsui O.S.K. Lines (MOL) and Brazilian mining giant Vale International SA have decided to retrofit a 200,000-ton class bulk carrier with two rotor sails produced by Norsepower Oy Ltd. The bulker is owned by MOL and employed by VALE under a mid-term contract for the transport

Japanese classification society ClassNK has issued four Approvals in Principle (AiPs) to French LNG containment specialist GTT recognizing the company’s latest development projects in alternative fuels. The concepts that won approvals include: – Concept of 12,500m3 LNG Dual-fuelled VLCC fitted with

Ship management company Anglo-Eastern has received an integrated carbon intensity indicator (CII) tool from Finnish technology group Wärtsilä.

French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered and “e-methane ready” vessels of which 32 are already in operation. The company also has six bi

Yinson Green Technologies, through its subsidiary Yinson Venture Capital Pte., has made a strategic investment in Zeabuz AS, a Norwegian startup specializing in autonomous solutions for the maritime industry. The investment provides the foundation for YGT to work closely with Zeabuz in the developme

Norwegian tanker owner and operator Frontline revealed its highest quarterly net income since the second quarter of 2008 standing at $240 million for the fourth quarter of 2022. “The fourth quarter of 2022 may have given us a preview of the years to come in the tanker market as Frontline posts its b

Norwegian shipowner Belships has entered into agreements to acquire three new Ultramax bulk carriers which are being constructed at Japanese shipyards. The Japanese-design Ultramax bulk carriers represent the highest quality and lowest fuel consumption available in the market today, Belships said. T

CSSC Qingdao Beihai Shipbuilding has launched the construction of CMB’s ammonia-ready 210,000 dwt bulk carrier. The Capesize bulker is part of a contract the Belgian shipowner signed with the shipyard in January last year. The deal was described as the world’s first order for ammonia-ready Capesize

The Green Ray project, led by a consortium of companies across the shipping supply chain, has won funding from the European Union to develop solutions minimizing methane slip from marine engines. The funding worth €7 million has been secured through Horizon Europe, the EU’s key funding program for r

Luxembourg-based shipping group CLdN has welcomed back into the fleet its short-sea roll-on/roll-off (RoRo) vessel MV Delphin which has been fitted with two tilting rotor sails. The shipowner contracted Finnish cleantech company Norsepower in March 2022 to carry out the installation. With two 35mx5m

Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched the 15,500 TEU Maersk Charleston. The scrubber-fitted vessel is being built for Hong Kong-based Seaspan Corporation under a contract announced in 2021 covering six 15,500 TEU units. It will be cla

UK-based cleantech company Silverstream Technologies has completed the installation of its air lubrication system on board the 24,000 TEU containership MSC Irina. The giant boxship is being built for MSC Mediterranean Shipping Company at Yangzijiang Shipbuilding Group. Specifically, the vessel was o

South Korean shipbuilding major Hyundai Heavy Industries (HHI) has delivered the LNG carrier Asterix I to the Greece-based shipowner Capital Product Partners (CPLP). The shipping company bought the 174,000 cbm LNG carrier Asterix I in June 2022 while the vessel was still under construction at the Ko

French container shipping major CMA CGM has equipped its ultra-large containership CMA CGM Marco Polo with a new windshield prototype. The device improves a vessel’s aerodynamics resulting in lower fuel consumption and thus contributing to a lower carbon footprint of the vessel, the shipowner said.