The world’s first ammonia-ready containership CMA CGM Masai Mara has celebrated two major milestones in its construction process. Namely, the engineering marvel was christened at a special ceremony hosted by the Chinese shipbuilder Qingdao Shipyard on April 27, before being officially delivered on M
Norwegian chemical tanker company Stolt Tankers and Germany-based chemical producer BASF have hosted a christening ceremony for the new low-water inland tanker Stolt Ludwigshafen. The vessel was named at BASF’s Ludwigshafen site on May 26, 2023. The ship’s godmother, Barbara Hoyer, Vice President of
Chinese shipping company China Merchants Energy Shipping (CMES) has moved forward with fleet expansion plans by signing contracts for the construction of two massive liquefied natural gas (LNG) carriers and two Aframax crude oil tankers. Dalian Shipbuilding has secured the shipbuilding contracts for
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has held a naming ceremony for two very large gas carriers (VLGCs) built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM).
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
Japanese battery startup PowerX Inc. has unveiled a detailed design of the first-ever battery tanker at the Bariship International Maritime Exhibition held in Imabari City in Japan.
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.
The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. This remarkable ship has captivated onlookers and left them in awe as it arrived on Wednesday morning, 24 May, at APMT 2 at the Prinses Amaliahaven in the port of Rotterdam. MSC
Dutch shipping company Future Proof Shipping (FPS) has launched the first hydrogen-powered zero-emissions inland container ship, H2 Barge 1, in Rotterdam, the Netherlands. The official launch of H2 Barge 1 took place in Rotterdam on 25 May. Future Proof Shipping’s zero-emissions 110m x 11.45m inland
The cruise industry is pushing forward with the uptake of alternative fuels as part of its decarbonization efforts, with 65 percent of the current orderbook being capable of running on alternative fuels, data from Clarksons shows. What is more, the focus of the newbuilding intertest has shifted to s
Swedish shipowner and operator Ahlmark Lines AB and Dutch shipbuilder Royal Bodewes have signed an agreement to build two Royal Bodewes’ 5050 Eco Trader mini bulkers.
Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe
HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has taken delivery of the first of three emissions-free battery electric tugs that will operate at LNG Canada’s new export facility in Kitimat, British Columbia. The vessel named HaiSea Wamis was buil
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has delivered an ammonia fuel supply system for large, low-speed two-stroke marine engines to Japan Engine Corporation (J-ENG). Based in Akashi City, Hyogo Prefecture, J-ENG is actively testing ammonia fuel under diverse con
