The Finnish technology group Wärtsilä will supply the Inert Gas Generator (IGG) systems for six Arctic LNG 2-dedicated tankers.
There needs to be a greater sense of urgency among global governments in relation to the adoption of policies that would accelerate decarbonization in the shipping sector, the head of the world’s largest container shipping company believes. “Business is ahead of governments on this agenda,” Soren Sk
Russian oil producer Gazprom Neft informed its liquefied natural gas bunkering vessel, Dmitry Mendeleev has completed sea trials.
Italian shipbuilding major Fincantieri SI and Faist Group company specialized in the development and supply of complete energy storage systems, Faist Electronics have founded Power4Future, a joint venture dedicated to the production of lithium-ion batteries.
Total shipbuilding orders in the first five months of this year have increased by 119.7% compared with the same period in 2020, BIMCO’s data shows. The massive rebound in ordering has been driven by record high containership contracting, as investors in this segment find themselves flush with cash.
Three B&W 6G70 ME-GI dual-fuel engines constructed by German engine manufacturer MAN Energy Solutions were chosen to be built in three 210,000 dwt bulkcarriers for Eastern Pacific Shipping (EPS).
CMA CGM Trocadero, the eight LNG-fuelled, 23,000 TEU containership out of a series of nine giant boxships being built in China, has been delivered to French shipping major CMA CGM. The colossal containership, spanning almost 400 meters in length and 61 meters in width, is the fourth and last vessel
Finland-based technology group Wärtsilä is embarking on a project to develop and demonstrate an autonomous, zero-emission barge for the Rotterdam Port Authority. The endeavor is part of a research project, nicknamed sMArt Green Ports as Integrated Efficient multimodal hubs (MAGPIE), which was borne
Stena Line’s first new extended E-Flexer ferry has been launched at the CMI Jinling Weihai Shipyard in China. The Ro-Pax vessel, whose name is yet to be revealed, took to the water for the first time on 24 May. The vessel was ordered in 2018 and the delivery is expected in 2022. The ferry is the [&h
Norwegian shipping company Kanfer Shipping AS has signed a contract with China-based Taizhou Wuzhou Shipbuilding Industry for the construction of its first two small-scale LNG bunker and distribution ships. The order for the 6,000 cbm LNG bunkering pair comes on the back of a Letter of Intent (LoI)
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
Norwegian tanker owner and operator Frontline has entered into an agreement to acquire six ECO-type VLCC newbuildings through resale. The six VLCCs are currently under construction at the Hyundai Heavy Industries shipyard in South Korea. The VLCCs are being bought for $565.8 million, including an es
French LNG containment specialist GTT has been chosen by French shipping company CMA CGM to design the cryogenic fuel tanks of 12 new LNG-fuelled container vessels.
The gradual resumption of cruise operations is expected to significantly ramp up ship production this year and curb the negative impact of the coronavirus pandemic on the sector, according to Italian shipbuilder Fincantieri.
