Dry bulk shipping company Eagle Bulk has acquired two high-specification, 2020-built scrubber-fitted Ultramax bulk carriers for $60.2 million. These vessels, renamed the Halifax Eagle and Vancouver Eagle, are expected to be delivered during the second quarter, and will enhance the company’s fleet of
Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel, is scheduled to commence sea trials in mid-June. According to Meyer Turku, the shipbuilder of what is expected to be the world’s largest and most technically advanced cruise ship, the construction is progressing at a
As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continent’s green transition.
Norwegian shipping and tank terminal company Odfjell SE has concluded a deal for two additional newbuildings set for delivery in the first half of 2026. The order brings the company’s ordering tally to seven 26,000 dwt stainless steel vessels scheduled to be delivered on time charter between 2023 an
South Korean shipbuilder HJ Shipbuilding & Construction (HJSC, formerly Hanjin Heavy Industries & Construction) has developed a new LNG bunkering vessel for which it also obtained approval in principle (AiP) from classification society Lloyd’s Register (LR). The new 7,500 cbm LNG bunkering vessel fo
In its new report “Solid Oxide Fuel Cells 2023-2033: Technology, Applications and Market Forecasts,” technology company IDTechEx provided an overview of the solid oxide fuel cell (SOFC) market and projected its value to reach $6.8 billion by 2033. More specifically, the report includes an assessment
Brittany Ferries has revealed the name of its forthcoming ship, which will be able to run on liquefied natural gas (LNG), on battery power, or on a combination of the two in hybrid mode.
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
Christiania Shipping A/S, a specialized chemical ship owning and chartering company, has reached an agreement with the Japanese shipyard Murakami Hide for the construction of two 13,000 dwt stainless steel chemical tankers. The Copenhagen-based company said the duo is slated for delivery in the seco
Captura, a carbon removal company founded at Caltech, has partnered with AltaSea at the Port of Los Angeles to install its newest ocean carbon removal system.
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Three seafarers have been reported missing from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore. The vessel is believed to have been boarded by pirates whilst in the inner anchorage of the Port of Owendo, Gabon, on May 2, 2023. The crew members were reported missing at
Panama-flagged oil tanker Niovi was seized by Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) while transiting the Strait of Hormuz on May 3, the U.S. Navy said. The 309,300 dwt VLCC, built in 2005, is owned by Liberia-based Grand Financing Co, on behalf of Greek Altomare, and managed by Smart
SAAM, a company providing port, logistics and towage services in the Americas, concluded the purchase of 21 tugboats from the Brazilian company Starnav. Starnav’s fleet includes 19 tugs currently in operation and two additional vessels in the final phase of construction. “This is one of the largest
