The preparations for the launch of the offshore Hong Kong LNG terminal have entered its final stage following the completion of checks and clearance procedures for the floating storage and regasification unit (FSRU) which arrived in Hong Kong on 13 April. Power companies CLP Power Hong Kong Limited
Shandong Shipping, the third largest shipowner in China, has made a major investment in newbuild vessels by ordering twelve 82,000 dwt Kamsarmaxes at Jiangsu New Hantong Ship Heavy Industry. The deal marks the largest newbuild order ever made by Shandong Shipping. The company said that it has signed
The global fleet of the world’s largest containerships has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group for China’s Bank of Communications Financial Leasing (Bocomm Leas
The CMA CGM Group has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics. CMA CGM said that the negotiations were in line with its long-term strategy, based on the two pillars of shipping and logistics If a deal is reached, the a
Thirteen Filipino seafarers have made it home after more than five months aboard an abandoned livestock carrier ship, the Yangtze Harmony, following an intervention from the International Transport Workers’ Federation (ITF). The ship’s owners abandoned the vessel and its crew after the ship was ar
Singapore-based offshore wind vessel owner and operator, Marco Polo Marine, has signed a memorandum of understanding (MoU) with Amogy, under which the New York company’s ammonia-to-power systems will be installed on Marco Polo Marine’s offshore wind vessels. The system will be installed on Marco Pol
Dutch shipowner Spliethoff Group hosted a naming ceremony last Saturday in Amsterdam for its newbuild DP2 multipurpose vessel the Brouwersgracht. The christening ceremony was carried out by Mrs N.E. Spliethoff, granddaughter of Johan Fredrik Spliethoff, the founder of the company. The vessel was del
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of the sixth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). The construction of the 174,000 cbm LNG carrier H1836A began with the steel
Global towage operator Svitzer, a part of A.P. Moller-Maersk, has signed a Memorandum of Understanding (MOU) with Houston-based Caterpillar Marine to adopt solutions that enable Svitzer to utilize methanol in their fleet. Under the partnership, the duo plans to work on the installation of dual-fuel
LNG-ready luxury ro-ro passenger ship Moby Fantasy embarked on a maiden voyage following its delivery from China State Shipbuilding Corporation’s Guangzhou Shipbuilding International. The 2,500-passenger and 3,800-meter lane vessel was built for MOBY Line Shipping Company and departed from Nansha, G
E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has launched its first newbuild dual-fuel stainless steel parcel chemical tanker. The vessel named Liselotte Essberger was launched on 6 April. It is the first out of four newbuildings ordered by John T. Essberger Group at China Me
Danish shipping company Norden has teamed up with carbon insetting platform 123Carbon and its partners AllChiefs and Verifavia to issue carbon inset tokens to support the decarbonisation of customer supply chains. The move will enable Norden to tokenise CO2-equivalent reductions made on biofuel voya
Taiwanese shipping major Wisdom Marine is planning to purchase three 40,000 dwt bulk carriers as part of its ongoing fleet renewal strategy. The company said that the vessels will most probably be bought from Japanese shipbuilders, namely, Nomichi Dockyard or Saiki Heavy Industries. Japanese-built b
The G7 Ministers on Climate, Energy, and Environment have called for the shipping industry to achieve GHG-zero emissions by 2050. The goal is much more ambitious that the current one set by the International Maritime Organization (IMO) under which the shipping industry aims to reduce its emissions b
