As we enter a new year, it is time for us to have a look back at the most-read stories from the past year. 2022 has been a rather turbulent year in many respects. As the world started to emerge from the COVID-19 pandemic, another black swan event rocked the shipping markets to the core, […]
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has delivered Evergreen’s giant 24,000 TEU containership Ever Acme four months ahead of schedule, the shipbuilder said. The vessel was built at the yard’s Changxing Shipbuilding unit and it was earmarked for delivery in the second quarter of 2023. The
Finnlines’ second Superstar vessel Finncanopus was launched at the China Merchants Jinling Shipyard in Weihai on 30 December, the company announced. The first, Finnsirius, was launched in August 2022 and the keel laying of the second one was celebrated on 1 September 2022. The company ordered the sh
Swedish shipping company Erik Thun Group marked a launching and naming ceremony for a multi-purpose dry cargo vessel ‘Baltic Crystal’ at Shipyard Ferus Smit B.V. in Westerbroek, Netherlands. The vessel was named by its Godmother Mira Olausson. Baltic Crystal is a sister vessel of Nordic Crystal, whi
If Korea, the leading shipbuilder in the world, fails to rapidly embrace the clean energy transition in ocean shipping, it risks losing its foothold and dominance in the shipping and shipbuilding industries, a newly issued report says. The report was developed by Solutions for Our Climate (기후솔루션) an
Chinese shipbuilder Xiamen Shipbuilding Industry, part of Fujian Mawei Shipbuilding, has held a steel cutting ceremony for a 2,900 TEU feeder being built for Eastern Pacific Shipping (EPS). This is the third vessel from a series of six firm vessels, ordered back in March 2022. Under the contract, EP
Danish shipping company TORM has signed a contract with German company MAN Energy Solutions (MAN ES) to install its digital solution on 31 vessels.
Japanese shipowner Mitsui O.S.K. Lines (MOL) plans to trial the use of the satellite communication service Starlink, offered by Elon Musk’s Space Exploration Technologies Corp.(SpaceX), on its operated ships. As informed, MOL signed a Memorandum of Understanding (MoU) with maritime connectivity spec
Norwegian shipping company Solstad Offshore has won five-year contracts with Equinor UK for two of its platform supply vessels (PSVs), with one vessel set to be upgraded with a battery-hybrid system and shore power. The contracts were signed for PSVs Normand Naley and Sea Frost and both will run for
The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, according to Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. International and domestic shipping uses approximately 12.6 EJ
IMO’s new Carbon Intensity Indicator (CII) regulations will not help the environment and may actually lead to higher rather than lower emissions, German dry bulk carrier owner and operator Oldendorff Carriers said. The company released a study that delves into the rating scheme pointing to examples
The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use as a benchmark for medium-term measures as part of the IMO’s revised GHG Strategy. INTERCARGO said that its members expressed thei
France-based wind propulsion developer Airseas has revealed the first pictures and video footage of its automated kite system Seawing in flight during ongoing transatlantic sea trials. The material is being revealed following the completion of the crucial initial stages of the trials, which are taki
The best solution for the shipping sector to cut CO2 emissions in the short term is to resort to fuel consumption efficiency measures in anticipation of greater maturity of green fuels’ production and the development of the relevant infrastructure, as explained by Barry Bednar, CEO of SodaFlexx. The
