Stamford Shipping, a Singapore-based shipowning, commercial, and investment management group, and Copenhagen-based Green Marine Group have entered into a joint venture to explore investment opportunities in methanol-powered ships. The JV sets out on a mission to build and manage, both commercially a
Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have welcomed the launching of the first vessel intended for their joint venture FureBear. The vessel, named Fure Vanguard, is the ninth sister ship in the Vinga class and the ship was officially launched at C
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of two crude carriers.
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of its second LNG dual-fuel very large crude carrier (VLCC) for a long-term charter to Shell. The vessel named Eagle Ventura is the sister vessel to the Eagle Vellore, which was handed
Hong Kong-based ship manager Wallem Group has welcomed into its fleet two dual-fuel vessels, Angleviken and Askviken over the past few months. The two 110,000 dwt LR2 tankers, delivered by Guangzhou Shipyard International, are owned by Viken Shipping from Norway. They can run on both heavy fuel oil
Chengxi Shipyard, a subsidiary of China State Shipbuilding Corporation, has handed over new bulk carrier Pacific Tulip to China Shipbuilding Industry Trading and Huaxia Financial Leasing.
UK-based wind propulsion company Anemoi Marine Technologies has entered into a joint design cooperation deal with Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group for the design of rotor sails onboard two LNG carrier newbuildings. The deal was signed on 26 October between Nick Contopoulos, Chi
Finnish shipbuilder Rauma Marine Constructions (RMC) has held a launching ceremony for Spirit of Tasmania IV, a liquefied natural gas (LNG)-powered car and passenger (RoPax) ferry built for Tasmanian TT-Line Company.
The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint
Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels have an average age of 11.9 years, while tankers, on average, are 12.8 years old, BIMCO said in the
Italian shipping company Manisa Chartering has entered into a contract with China State Shipbuilding Corporation’s Guangxi Shipbuilding and Offshore Engineering for the construction of up to eight 8,500-ton general cargo ships. This deal represents the most significant export order for shipbuilding
Norwegian shipowner Knutsen Group has taken delivery of a newbuild LNG carrier that will go on a charter with Poland’s PGNiG Supply & Trading, a part of ORLEN Group. The vessel named Saint Barbara is the third in a series of six vessels that will be chartered to the Polish company, following Lech Ka
French containment specialist GTT and Finnish firm Deltamarin have obtained approval in principle (AiP) for the design of a liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC) from classification society Lloyd’s Register (LR).
Chinese shipbuilder Hudong-Zhonghua has kicked off construction of a new LNG carrier for COSCO Shipping Energy and PetroChina, part of China National Petroleum Corporation (CNPC).
