Greek tanker owner Performance Shipping has signed a contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding for the construction of a 114,000 dwt LNG-ready LR2 Aframax product/crude oil tanker worth $62.6 million. The shipowner said that the tanker is slated fo
Methanol is the fastest-growing alternative fuel option being adopted by shipowners today next to LNG. The rise in popularity, especially over the past year, has been boosted by a massive vote of confidence by one of the world’s largest container shipping companies, Maersk, the example of which has
Italian shipbuilder Fincantieri has launched Sun Princess at its yard in Monfalcone, the first of two LNG-powered cruise ships being built for Princess Cruises, an American cruise line owned by Carnival Corporation. With 175,500 gross tons, Sun Princess is the largest ship built in Italy so far, as
Malaysian energy major Petronas has inaugurated LNG bunkering business with its long-term Chinese partner Tiger Gas through its Petronas Marine brand. The inauguration follows the completion of Petronas’ maiden ship-to-ship LNG bunkering operation of approximately 500 tonnes of LNG for Tiger Gas’ Ti
Norwegian company Breeze Ship Design has acquired Varshyp Design in Varna, Bulgaria, an engineering firm specialized in all fields required for ship design, marine engineering and marine consultancy.
Finnish technology group Wärtsilä has received its first order for carbon capture and storage (CCS)-ready scrubber systems.
Al Seer Marine, a unit of Abu Dhabi-based International Holding Company, confirmed an order for two additional MR tankers at Korea’s shipbuilder K Shipbuilding. The order was disclosed in a stock exchange filing, a month after K Shipbuilding announced the deal without disclosing the name of the ship
French classification society Bureau Veritas (BV) has granted a type approval certification for cyber ersilience of Damen’s Triton IoT platform.
New York-based tanker company International Seaways has taken delivery of the first dual-fuel LNG very large crude carrier (VLCC) Seaways Endeavor. Seaways Endeavor is the first of three dual-fuel LNG VLCCs ordered by the company at South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSM
Singapore-based ship manager Synergy Group is rolling out new tailor-made Personal Protective Equipment (PPE) to its growing number of female seafarers. Synergy, which manages a fleet of over 540 vessels and employs over 20,000 seafarers, commissioned Hercules Safety to manufacture the new gear. The
Japanese shipping major Mitsui O.S.K. Lines (MOL) and Brazilian mining giant Vale International SA have decided to retrofit a 200,000-ton class bulk carrier with two rotor sails produced by Norsepower Oy Ltd. The bulker is owned by MOL and employed by VALE under a mid-term contract for the transport
World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt
Germany’s Wintershall Dea and Belgium’s Fluxys have signed an agreement to jointly cooperate on a cross-border CO2 pipeline network connecting the two countries. As part of the project, CO2 emissions from industrial clusters in southern Germany are to be transported to the German-Belgian border via
Japanese classification society ClassNK has issued four Approvals in Principle (AiPs) to French LNG containment specialist GTT recognizing the company’s latest development projects in alternative fuels. The concepts that won approvals include: – Concept of 12,500m3 LNG Dual-fuelled VLCC fitted with
