Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022.
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma
Classification society DNV has been selected to class two Purus Marine’s dual-fuel very large ethane carriers (VLECs).
As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo
Germany’s maritime transport provider United Heavy Transport and South Korean transportation firm Dongbang Transport Logistics have joined forces in a new strategic alliance combining their respective strengths.
The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w
The production of the third Icon-class ship for Royal Caribbean Group has started at Finnish Meyer Turku Shipyard.
Viking Cinderella, a ferry operated by Finnish shipping company Viking Line, will be able to reduce its carbon dioxide emissions by 2,500 tonnes a year after an investment in technical upgrades.
Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day p
A.P. Moller-Maersk’s APM Terminals has partnered with Plaquemines Port Harbor and Terminal District (Plaquemines Port) to build a major container terminal on the West Bank of Plaquemines Parish, Louisiana, United States.
Italian maritime transportation group Fratelli Cosulich has ordered its first methanol dual-fueled chemical bunker tanker with a capacity of over 8,000 cubic meters and the ability to carry both green methanol and biofuels. According to Fratelli Cosulich, the order for the 7,990 dwt IMO Type II chem
Columbia Group, a Cyprus-based maritime integrated services platform, has formed a new venture capital entity that will act as a ‘melting pot’ for innovation.
Norwegian tanker major Frontline has agreed to sell its five oldest very large crude carriers (VLCCs), aligning with the company’s strategy of having only eco-friendly vessels in its fleet.
The fifth 15,000 TEU containership ONE Focus, built by Chinese shipbuilder Yangzijiang Shipbuilding, has joined Seaspan’s fleet.
