South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) and classification society DNV have signed a memorandum of understanding (MoU) to develop wind assistance propulsion technology. The two parties signed the MoU during this year’s Gastech, a global gas, LNG, hydrogen, and
Swedish sustainable solutions provider Alfa Laval has received approval for testing with ammonia at its Test & Training Centre.
Samsung Heavy Industries (SHI) has secured approval in principle from the compatriot classification society Korean Register (KR) for the design of an ammonia-fuel ready very large gas carrier (VLGC). The VLGC will be capable of using ammonia as a fuel as well as carrying it as bulk cargo. The design
The world’s largest shipbuilders are tapping into the surging demand for LNG carriers. South Korea’s Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering Co (DSME) revealed today a combined order for 11 LNG carriers worth approximately $2.35 billion. DSME said on Tuesday that
A coalition of shipping leaders, led by industry majors Shell and Mediterranean Shipping Company (MSC), launched today a technology accelerator intending to examine and advocate for maritime technology solutions to measure and manage methane emissions. The Methane Abatement in Maritime (MAM) Innovat
On 2 September, Japanese shipbuilder Kawasaki Heavy Industries held a naming ceremony for a new very large gas carrier (VLGC) that the shipping company NYK will charter to LPG trader and importer Astomos Energy Corporation.
Exmar LPG, a joint venture (JV) between EXMAR and Seapeak, has placed a firm order for two midsize carriers with Korea’s Hyundai Mipo Dockyard (HMD). The 46,000 m³ dual fuel (LPG) vessels are scheduled for delivery in the fourth quarter of 2024 and the first quarter of 2025 respectively. The price t
French shipping major CMA CGM has decided to create a Special Fund for Energies, backed by a five-year $1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund will invest to support the industrial production of new fuels and low-emission mobility soluti
The U.S.-based ballast water treatment provider Ecochlor and China’s marine solutions provider company Sinotech have signed a new agreement to advance long-term sales, marketing and technical assistance and foster mutual maritime relationships worldwide.
Saudi Arabian logistics and shipping company Bahri has launched the first phase of its Fleet Performance Monitoring Center (FPMC), set to enhance operations in the areas of speed and consumption, energy efficiency and hull performance. Bahri aims to develop it into a centralized support system that
International maritime logistics conglomerate Wagenborg has welcomed Golar Igloo FSRU at the port of Eemshaven to serve as the new floating LNG terminal.
South Korean shipbuilder Hyundai Heavy Industries (HHI), autonomous navigation solutions startup Avikus, classification society Korean Register (KR) and Liberian Registry are collaborating to commercialise autonomous navigation technology. The parties signed a memorandum of understanding (MoU) on 26
Chinese shipping heavyweights China Merchants Energy Shipping and COSCO Shipping Bulk have voiced their plans to focus on methanol marine fuel as their primary area of research in the future. The move was announced by CMES chairman Xie Chunlin and Gu Jinsong, Chairman of COSCO Shipping Bulk in a mee
Dutch marine battery system supplier EST-Floattech has delivered 1,092kWh of battery capacity for the new all-electric ferry Wellingdorf built for Germany’s Schlepp- und Fährgesellschaft Kiel (SFK).
