Singapore-based ship management company Eastern Pacific Shipping (EPS) has placed an order for the construction of up to six dual-fuel car carriers with China Merchants Jinling shipyard. The deal includes four firm 70,000 tonne-class car carriers and an option for two additional ones. The companies
2021 is turning out to bring the third-lowest level of newbuilding orders in 12 years, despite new orders for containerships currently at a 14-year high, BIMCO forecasts. The trading world merchant fleet had a capacity of 74,505 ships across 11 main segments covered by the BIMCO ICS Seafarer Workfor
Following reports that Keppel and Sembcorp Marine are in talks to merge their offshore and marine businesses, the two players have now inked non-binding agreements.
The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy Ventures (GEV) of Australia to cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships. The cooperation aims at advancing GEV’s Approval in Principle (AiP) appl
Hong Kong-based containership owner Seaspan Corporation has entered into agreements for the construction of two new 12,000 TEU containerships.
Belgium-based shipping group Exmar has taken delivery of an 88,000 cbm LPG carrier Flanders Innovation from Chinese Jiangnan Shipyard.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has decided to form a global research and development (R&D) alliance focused on the development of innovative shipbuilding technologies.
The Port of Antwerp is converting a tug to methanol propulsion as part of the European Union-funded Fastwater project, which aims to demonstrate the feasibility of methanol as a sustainable marine fuel. The project was set up by a group of European maritime research and technology leaders, and is fu
The Finnish technology group Wärtsilä has received two more orders for its complete LNG cargo handling and fuel system.
French liquefied natural gas containment specialist, GTT, has secured an order to design tanks for an LNG tanker newbuild.
Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el
German liner major Hapag-Lloyd revealed it has hired the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six dual-fuel containerships with a capacity of over 23,500 TEU. The shipbuilder disclosed the deal earlier today, without naming the company behind the order. The contrac
Nowegian ship designer Ulstein Design & Solutions AS has been chosen by compatriot maritime startup Edge Navigation AS as a partner in developing a container vessel with the patented X-Bow hull lines for non-fossil propulsion towards achieving zero emissions in maritime transport.
Norwegian RoRo shipping company Höegh Autoliners is considering a potential listing as it scales up green vessel investment plans as part of its decarbonization efforts. Namely, Höegh intends to invest in up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent
