Singapore-headquartered owner and operator of crude and product tankers AET is set to enrich its fleet with its first-ever hybrid-electric, ethanol-ready tanker, set to be built in China. AET placed the order for its first hybrid-electric dynamic positioning shuttle tanker (DPST) with Dalian Shipbui
Singapore-based shipowner and operator BW LPG, associated with BW Group, has secured two long-term time charter-out deals for a pair of very large gas carriers (VLGCs).
Italy’s maritime transportation group Fratelli Cosulich has launched the first unit in its four-ship methanol-powered IMO II chemical bunker tanker series, under construction in China. The vessel named Anna Cosulich was launched on February 4 at the Taizhou Maple Leaf Shipyard in China, with Giovann
Danish shipping and integrated logistics titan A.P. Moller – Maersk is enlarging its fleet by placing an order for eight large vessels with China’s New Times Shipbuilding.
Cheniere Marketing International, a wholly owned subsidiary of the U.S. energy player Cheniere Energy, has signed off on long-term charter deals for new liquefied natural gas (LNG) carriers (LNGCs) with Japan’s shipping major Nippon Yusen Kaisha (NYK) Line, part of NYK Group, and Norway’s Ocean Yiel
China-headquartered engineering player Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has received orders for three liquefied natural gas (LNG) bunkering vessels.
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has taken delivery of a newbuilding LPG dual-fuel very large gas carrier (VLGC) from Hyundai Samho Heavy Industries in South Korea.
Norway-headquartered Kongsberg Maritime has secured a contract to design and equip four methanol/ethanol-ready handy-size product tankers that will be operated by Brazil’s oil & gas transportation company Petrobras Transporte (Transpetro). Kongsberg Maritime secured the NOK 300 million (about €26.25
IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design (FEED) contract with Carbon Collectors for the development of an offshore CO2 transport and injection solution in the Southern North Sea. The nine‑month FEED will define the desig
The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec Star Company have signed a memorandum of understanding (MoU) to establish a strategic partnership to collaborate on clean energy solutions, including hydrogen and green fuels, among other things. The tripartite pa
Danish shipping and logistics titan A.P. Moller – Maersk has taken delivery of the first in a new series of six dual-fuel mid-size container vessels being constructed at a Chinese shipyard. The Tangier Mærsk was delivered from Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, three months a
With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.
Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, has obtained ship classification certification for its hydrogen-fueled four-stroke high-speed engine. Yanmar Power Solutions reported on January 27 that it had become the first engine
Lloyd’s Register (LR) has published what it says is the maritime industry’s first dedicated guidance notes for onboard hydrogen generation, as a response to growing interest from shipowners, yards and technology developers in producing hydrogen onboard using alternative fuels such as LNG, methanol a
