South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has won an Approval in Principle (AiP) from and an Approval of Service Suppliers (AOSS) from DNV for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater
Hong Kong-listed shipowner Seacon Shipping Group Holdings Limited has entered into a deal with Japanese Namura Shipbuilding for the construction of two 40,000 dwt bulk carriers. Seacon said that the two vessels are slated for delivery by the end of October 2025. The company is paying $33.48 million
Greek shipping company Neptune Lines has placed an order for two next-generation vessels, specially designed for its short sea trades, with Fujian Mawei shipyard in China. The 4,200 CEU dual-fuel pure car truck carrier (PCTC) vessels will be delivered in 2026. The new vessels are being ordered under
Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on the installation of WinGD’s X-DF-A dual-fuel ammonia engines on forthcoming newbuild vessels. The two companies signed a memorandum of understanding during the Gastech conference in Singapore
Finland-based fuel supply systems provider Auramarine Ltd has secured an order to supply methanol fuel supply systems for three 15,000 DWT hybrid tankers for Swedish shipping company Terntank. The ships are being built at China Merchants Jinling Shipyard (Yangzhou), with the first vessel of the seri
Classification society ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a small vessel equipped with electric propulsion using a 350-kW hydrogen fuel cell.
The world’s four major classification societies American Bureau of Shipping (ABS), DNV, Lloyd’s register (LR), and Bureau Veritas (BV) have issued an approval in principle (AIP) to Hudong-Zhonghua (HZ) Shipyard for its new liquified natural gas (LNG) carrier design, currently the world’s largest wit
The Isle of Man-based ExoTechnologies, the owner of Glasgow boat builder Ultimate Boats, and Arizona-based hydrogen car and truck maker RONN have entered a hydrogen propulsion partnership. The companies, which signed a Letter of Intent (LoI), are expected to develop clean hydrogen electric propulsio
The Grimaldi Group has taken delivery of its second con-ro multipurpose ship of the G5 class named the Great Lagos. The G5-class vessel was built by Hyundai Mipo Dockyard Co. Ltd. in Ulsan, South Korea. It is able to transport 4,700 linear metres of rolling freight, 2,500 Car Equivalent Units (CEU)
Hamburg Port Authority (HPA) and AIDA Cruises have signed a long-term agreement (LTA) to strengthen Hamburg as a cruise location.
Enova, a Norwegian government enterprise, has revealed that it will invest NOK 64 million (€5.5 million) for shore power projects at Norway’s ports.
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has launched a 7,600 CEU liquefied natural gas (LNG) dual-fuel vehicle carrier being built for SAIC Anji Logistics, a subsidiary of China’s automobile manufacturer SAIC Motor. The ship was ordered back in 2022 as part of a
The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv
Finnish technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU containerships being built for France-based shipping giant CMA CGM at the Hudong Zhonghua Shipbuilding yard in China.
