Suiso Frontier, the world’s first liquefied hydrogen carrier built by Kawasaki Heavy Industries (KHI), is scheduled to arrive at the Sultan Qaboos Port in Muscat, Oman, today (14 August). According to local media reports, the ship departed Abu Dhabi and is heading to Muscat for its first visit to th
The successful completion of the oil transfer operation from the FSO Safer marks a significant milestone in averting a potential environmental and humanitarian catastrophe in the Red Sea. However, the mission is far from over, as the next crucial steps involve making a decision that would ensure the
Tankers took the lead in the demolition market, comprising approximately 43% of all scrapped cargo vessels in 2022, according to insights from VesselsValue. Despite this dominance, the number of tankers scrapped actually decreased by 55% YoY, dropping from 123 in 2021 to 55 in 2022. In comparison, t
The way to secure the funds to complete the operation in full hangs in the air with around $20 million still missing.
Portsmouth International Port has completed the installation of its new solar and battery system which is now fully operational. The system is comprised of 2,660 solar panels, providing an impressive 35% of the site’s electricity, enabling the port to move one step closer to becoming one of the UK’s
Energy major Enagás has announced that the El Musel LNG terminal in Gijón, Spain, has received power major Endesa’s first vessel, the 180,000 m3 capacity Gaslog Warsaw, following the final technical tests required before the plant’s commercial commissioning. According to Enagás, on 31 July, followin
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured approval in principle (AiP) from ClassNK for its ammonia fuel supply system developed for oil tanker and containership. ClassNK said it carried out a review of a conceptual design of the system developed by SHI based on part C of it
South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.4
China Merchants Jinling Shipyard has kicked off construction of wind and methanol-powered 15,000 dwt hybrid tankers ordered by Swedish shipping company Terntank. As disclosed, the first steel cut of the three hybrid tankers took place at the Chinese shipyard on 10 June. Ordered in November 2022, the
Dry bulk owner and operator Norvic Shipping welcomed into the fleet an energy-efficient Ultramax vessel Norvic Copenhagen from Imabari Shipyard during a recent handover ceremony in Japan. The vessel was taken on charter from Japanese shipowner Fujimaru Kaiun earlier this year as the organization con
As the race to decarbonize the industry continues it’s becoming more and more evident that green fuels are essential for the much-needed energy transition and will surely play a pivotal role in the road towards net zero. Green methanol is rapidly emerging as a transformative marine fuel, leading the
Dutch shipping company Spliethoff has welcomed into the fleet m.v. Bloemgracht, its second newbuild DP2 multipurpose vessel, from China’s Fuzhou Mawei shipyard. “We are happy to announce that m.v. Bloemgracht has been delivered from Fuzhou Mawei shipyard to Spliethoff Group today, 11 August 2023 at
After 23 years as Chief Executive Officer, Niels G. Stolt-Nielsen will step down from his role as CEO of Stolt-Nielsen, a Norwegian company specializing in chemical and bulk liquid transportation and storage, on September 1, 2023. He will be succeeded as CEO by Udo Lange and will assume the role of
New Zealand’s coatings developer Propspeed® has won a type approval from Bureau Veritas for its Propspeed foul-release coating system. The type approval follows a comprehensive round of third-party testing proving that the system conforms to the technical standards established by regulatory bodies.
