Chinese shipbuilder Yangzijiang Shipbuilding Group has won a contract to build two 24,000 TEU ultra large containerships, the world’s largest boxships and the largest containerships to be built by the yard. The ships, being built for an unnamed owner, will feature optimized hull designs, high-effici
Finnish engineering major Konecranes has signed the commitment letter for the Science Based Targets Initiative (SBTi) and will define new climate targets for its operations in the coming months. “Limiting global warming requires the decarbonization of all industry sectors. By committing to science-b
U-Ming Marine Transport (Singapore), a fully-owned subsidiary of U-Ming Marine Transport Corporation, has held a christening ceremony at Qingdao Beihai Shipyard for M.V. Grand Wisdom, its second 325,000 dwt Very Large Ore Carrier (VLOC). The vessel is equipped with an advanced MAN B&W main engine, a
The recently approved amendments to MARPOL Annex VI to introduce requirements to the operational efficiency of ships, the Carbon Intensity Indicators, promise to introduce a completely new compliance regime in the sector. The introduction of carbon intensity targets to existing ships will be calcula
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
Norwegian company Saga Pure, formerly known as Saga Tankers, has committed to subscribe for NOK 35 million ($4 million) in a private placement of new shares in Horisont Energi AS.
The Oceanic Platform of the Canary Islands (Plocan) has joined the EU-backed SATURN project, which is focused on the reduction and mitigation of underwater noise from shipping that threatens marine life.
A United States Coast Guard (USCG) ship has spilled hydraulic oil into the sea in Womens Bay, Kodiak, Alaska.
Maersk, the world’s largest container shipping company, tops the list of 12 liner companies based on their sustainability performance reporting and planning, the Gliese Foundation said. The company won 4.9 stars out of possible 5.0, the foundation said. As explained, the company’s 2019 sustainabilit
Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.
French container shipping major CMA CGM has named its fourth LNG-powered 23,000 TEU ultra large containership, the CMA CGM Louvre. The naming ceremony was held on December 22 in Shanghai. She is the 4th of the nine 23,000 LNG-powered vessels CMA CGM ordered back in 2017, built by Jiangnan Shipyard.
UME Shipping LLC, United Arab Emirates, has bought the battery-powered M/S Wasa Express ferry from Finnish/Swedish shipowner Kvarken Link. Kvarken Link is presently building the M/S Aurora Botnia replacing the Wasa Express in May 2021, which will be managed by its subsidiary Wasaline. M/S Wasa Expre
Ocean Network Express (ONE) has signed a Letter of Intent (LoI) with Shoei Kisen Kaisha, the shipowning arm of Japanese yard Imabari Shipbuilding, for the 15-year long-term charter of six new 24,000 + TEU Ultra Large Container Ships (ULCS). The new buildings are planned to be built by the consortium
German liner giant Hapag-Lloyd has ordered six ultra-large container vessels from Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The $ 1 billion investment will see the LNG-powered 23,500+ TEU vessels delivered to Hapag-Lloyd between April and December 2023. The vessels will be fit
