The Dutch Ministry of Infrastructure and Water Management intends to allocate a sum of €140 million towards supporting the implementation of shore power installations within seaports. Additionally, an extra €40 million will be contributed from the climate fund, the ministry said. Shore power, also k
Guangzhou Shipyard International, a subsidiary of CSSC, has held a naming ceremony for Hafnia’s second liquefied natural gas (LNG) dual-fuel product tanker.
Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years, BIMCO estimates. As recycling volumes increase, it is increasingly important that th
The number of containers lost overboard in 2022 is 661, the World Shipping Council (WSC) said in its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. As explained, this represents the lowest losses in % sin
Single-fuel methanol engines may hold the key to a greener future for tugs, marine propulsion systems manufacturer Rolls-Royce Power Solutions (RRPS) and Maersk’s towage operator Svitzer said in a joint paper. The main driver behind the development of dual-fuel engines is fuel flexibility, allowing
The three seafarers who were kidnapped in early May from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore, have been rescued, the company confirmed. The vessel was boarded by pirates whilst in the inner anchorage of the Port of Owendo, Gabon, on May 2, 2023 after arrivin
Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel, MSC Gemma. The colossal containership was officially handed over to ICBC Financial Leasing Co., Ltd.,
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nihon Shipyard Co., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co. and Japan Marine United Corporation, have started a joint study for the development of an ocean-going liquified C
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has been awarded a contract for the construction of five containerships for an undisclosed shipown
The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone, and the association now represents 32% of the global dry bulk fleet dwt. INTERCARGO has within its global fleet more than 3,200 bulkers registered by over 155 dry bulk owners/managers/ope
La Brea Industrial Development Company Limited (LABIDCO) and the University of Trinidad and Tobago (UTT) have completed the “first-of-its-kind” greenhouse gas (GHG) emission inventory for ships in Trinidad and Tobago.
Competition authorities have approved the merger of ship management companies OSM Maritime Group and Thome Group. The merged company, OSM Thome, will be a powerhouse in the international ship management market, represented in 22 countries and headquartered in Arendal, Norway. “This is a big day for
Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has kicked off construction of another LNG-powered 16,000 TEU containership for Swiss shipping giant Mediterranean Shipping Company (MSC). The construction of the ship began on 15 May with the steel-cutting cere
The retrofitting cost of an existing ship fitted with a two-stroke engine to a dual-fuel engine should not exceed 25 percent of the ship’s newbuilding cost, according to an assessment from DNV and MAN Energy Solutions. The duo carried out an analysis of how retrofitting the existing maritime fleet t
