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Shipbuilding

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R&D investments to shape future of shipping
Shipbuilding

R&D investments to shape future of shipping

Shipping industry players have warned that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.

about 4 years ago
Drydocks
Shipbuilding

Drydocks kicks off FSO conversion project for Perenco

Drydocks World Dubai has begun operations for converting an Aframax tanker to an FSO unit for Perenco’s project located offshore Brazil.

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about 5 years ago
BIMCO
Shipbuilding

BIMCO: 381 boxships ordered worldwide in 2021

Shipowners are enjoying a cash-rich period despite coronavirus challenges and continue investing in new vessels.

about 5 years ago
In focus: Bridging the gaps in hydrogen technologies
Shipbuilding

In focus: Bridging the gaps in hydrogen technologies

A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

about 5 years ago
shipping
Shipbuilding

IEA: Shipping to miss zero emissions target in 2050

Shipping is one of the few transport modes that does not achieve zero emissions in the Net‐Zero Emissions by 2050 Scenario, released by the International Energy Agency (IEA). The agency ascribed this to a lack of available low‐carbon options on the market and the long lifetime of vessels (typically

about 5 years ago
Carbon dioxide injection
Shipbuilding

In focus: Carbon capture and storage as key element in achieving decarbonisation

In this edition of In focus, we’ll be looking at ways through which the offshore energy sector is working to reduce carbon emissions.

about 5 years ago
Omex Peace
Shipbuilding

HSHI delivers world’s 1st silent product carrier

Hyundai Samho Heavy Industries (HSHI), a shipbuilding arm of Korea Shipbuilding & Marine Engineering, has built and delivered a 115,000 dwt product carrier which has obtained the Silent E-Notation from DNV. The LR2 tanker, named Onex Peace, is owned by UAE-based energy trading company Onex DMCC, and

about 5 years ago
ADNOC
Shipbuilding

ADNOC boosts crude capacity by adding two more VLCCs

ADNOC Logistics & Services, a shipping and maritime logistics arm of ADNOC, has acquired two additional Very Large Crude Carriers (VLCC).

about 5 years ago
Qatar Petroleum issues tender to charter LNG fleet
Shipbuilding

Qatar Petroleum issues tender to charter LNG fleet

Qatar Petroleum has issued an invitation to tender to a large group of shipowners as it aims to firm up long-term LNG carrier charters to cover its future production increase.

about 5 years ago
Hamriyah facility - Lamprell
Shipbuilding

Lamprell reorganises into three units to focus on energy transition

Lamprell has decided to reorganise into three new business units, Renewables, Digital, and Oil & Gas as part of its efforts to focus on energy transition.

about 5 years ago
Peter Ståhlberg, Managing Director at NLC Ferry/Wasaline
Shipbuilding

Red Sea to get its 1st battery hybrid ferry

UME Shipping LLC, United Arab Emirates, has bought the battery-powered M/S Wasa Express ferry from Finnish/Swedish shipowner Kvarken Link. Kvarken Link is presently building the M/S Aurora Botnia replacing the Wasa Express in May 2021, which will be managed by its subsidiary Wasaline. M/S Wasa Expre

about 5 years ago
Kuwait Oil’s new oil spill response vessel to feature Evac’s Cathelco MGPS
Shipbuilding

Kuwait Oil’s new oil spill response vessel to feature Evac’s Cathelco MGPS

A new multi-purpose oil spill response and towage vessel being built for the Kuwait Oil Co will be installed with a Cathelco marine growth prevention system (MGPS) to prevent bio-fouling and corrosion in seawater pipework. The system is manufactured by Cathelco, part of the Evac Group since 2018. Ev

about 6 years ago
2nd eco-friendly bulker newbuild joins Bahri’s fleet
Shipbuilding

2nd eco-friendly bulker newbuild joins Bahri’s fleet

Saudi Arabian transportation company Bahri has taken delivery of its new dry-bulk carrier Alanood, making it the second newbuild vessel to join the company’s market-leading fleet this year. Alanood was ordered from South Korea’s Hyundai Mipo Dockyard Co. Ltd. (HMD) in August 2017 as part of a series

about 6 years ago
Bahri orders 10 chemical tankers from HMD in $410 million deal
Shipbuilding

Bahri orders 10 chemical tankers from HMD in $410 million deal

Bahri, the world’s largest owner and operator of very large crude oil carriers, has signed an agreement with Hyundai Mipo Dockyard, a member of Hyundai Heavy Industries (HHI) Group, to build ten 49,999-dwt Medium Range (MR) chemical tankers. Valued at $ 410 million (SAR 1.537 billion), the agreement

about 6 years ago