Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has entered into agreements with units of GasLog and GasLog Partners to purchase two LNG carriers. According to CDB Leasing’s stock exchange filing, the company entered into vessel purchase agreements with Gas-five, an en
Chinese company COSCO Shipping and South Korean shipbuilder Samsung Heavy Industries (SHI) have received the world’s first D-INF(S) type approvals from classification society DNV for their data collection systems.
Finnish company Neste has signed an agreement with Terntank Rederi A/S for time chartering two new lower-emission product tankers.
Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. The company announced on 24 March that the 50,000 dwt vessel was delivered by Hyundai Vietnam Shipyard. The ship is assigned with Wind-A
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has delivered the third liquefied natural gas (LNG) carrier to compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC).
Danish shipping giant A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project.
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
Swiss marine power company WinGD has announced it will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for Chinese COSCO Shipping Lines at COSCO Shipping Heavy Industry (Yangzhou) site. The vessels are scheduled for delivery from 2025, and according to WinG
French LNG containment specialist GTT has secured contracts with two undisclosed European LNG ship owners to equip a total of three vessels with its predictive maintenance solution, the Sloshing Virtual Sensor. According to GTT, this digital technology is dedicated to the assessment of sloshing acti
Italian maritime transportation group Fratelli Cosulich has launched and christened its first LNG bunker tanker vessel named Alice Cosulich. The vessel, inaugurated at the CIMC SOE shipyard in China, will sail under the Italian flag and will be operated by both onshore and offshore personnel. It has
Japanese shipping major Mitsui O.S.K. Lines (MOL) revealed today that it is working on an Ocean Thermal Energy Conversion (OTEC) demonstration project using deep ocean water on Kume Island, Okinawa Prefecture. The company said that the project is being implemented together with Xenesys, Inc. and Sag
Ferry operator DFDS, the Port of Dover, Port Boulogne Calais, and Dunkerque-Port have signed a memorandum of understanding (MoU) to collaborate on decarbonizing maritime traffic on the Dover Strait. The agreement was reached at the recently held Anglo-French summit with the aim of accelerating effor
P&O Ferries’ newly commissioned Fusion Class vessel P&O Pioneer has docked at DP World Limassol port on its journey from Guangzhou, China to Dover, United Kingdom. P&O Pioneer arrived on Wednesday for bunkering, as it makes its way toward Dover, where it is expected to become fully operational on th
A 24,116 TEU ultra-large containership was named and delivered on Thursday, March 23, at China State Shipbuilding Corporation’s Changxing shipbuilding base. The vessel bears the name MSC Celestino Maresca and it was built by Hudong Zhonghua Shipbuilding for China’s Bank of Communications Financial L
