Being a front-runner, especially in the shipping industry, comes with a lot of risks. Being the first to enter a market or introduce a new product or service can give you a significant advantage over others, and even set the tone in the market. However, there is a great risk of failure bringing with
China’s Mawei Shipyard has delivered the first of two multipurpose DP2- B-type vessels to Spliethoff, the Brouwersgracht. The 12,500-dwt vessel is equipped with two Huisman 500 mt Heavy Lift Mast cranes, and it is suitable for both heavy lift transportation and offshore installation. The vessel’s de
China Merchants Jinling Shipyard (Nanjing) Co. has delivered the first of four LNG-fuelled pure car truck carriers (PCTC) to Japanese shipping major NYK Line. The 7,000-CEU car carrier Jasmine Leader was ordered back in 2021, and it is expected to be assigned for transportation of vehicles between E
Singapore-based shipowner Kumiai Navigation has doubled its order for dual-fuel VLGC newbuildings at Kawasaki Heavy Industries to two ships. Each vessel has a capacity of 86,700 cbm for LPG/liquefied ammonia gas. The first vessel from the series was ordered last year, and now the company has two VLG
The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj
Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.TECH have signed an agreement on the development of ammonia-fuelled two-stroke engines. The companies aim to install the ammonia dual-fuel X72DF engine on a series of ten x 210,000 DWT bulk carriers to be built at a Chines
Oceanbird, a project backed by Alfa Laval and Wallenius, is moving fast with the preparation for the installation of its first land-based Oceanbird Wing 560. The project developers are already ordering parts for the installation, following the award of €9 million worth of funding under the Horizon E
Finnish technology group Wärtsilä has received an order to provide LNG fuel gas supply system, propulsion control system and alarm monitoring and control system for four new LNG dual-fuel containerships being built for Singapore-based Pacific International Lines (PIL). The 8,200 TEU vessels, which w
Japenese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has ordered its fifth liquefied petroleum gas (LPG) dual-fuel very large LPG/liquefied ammonia gas carrier (VLGC) from compatriot shipbuilder Kawasaki Heavy Industries (KHI). Like previously ordered vessels, the new 86,700 cbm carrier wil
Japanese shipping giant Mitsui O.S.K. Lines (MOL) and compatriot trading and investment company Mitsui & Co. have received approval in principle (AiP) from ClassNK for the design of a large ammonia-powered bulk carrier. The approval was granted for the 210,000 dwt Capesize bulker with a main engine
Finnish shipbuilder Helsinki Shipyard has floated out a hybrid diesel-electric expedition ship SH Diana being built for Swan Hellenic. SH Diana’s fitting out is already underway, as the vessel readies for its maiden cruise, leaving Palermo in Italy for Lisbon in Portugal on 15 April. Diana will then
Singapore-based shipping company Pacific Carriers Limited (PCL) and compatriot PaxOcean Holdings Pte (PaxOcean) have teamed up with classification society ABS to explore the use of methanol for the PCL’s fleet.
Dutch ship design company AURELIA, has joined forces with naval architecture designer NEPA SHIPPING, and ALOFT SYSTEMS, experts in sails and weather routing, on a green retrofitting project involving a 205,000 dwt bulk carrier. The project set out to demonstrate how a combination of innovative solut
UK consortium, including engineering company MAHLE Powertrain and the Royal National Lifeboat Institution, has launched a project to develop sustainable propulsion solutions for retrofit to high-performance marine vessels where batteries and other electrified technologies may not prove practical.
