Scale Gas, a subsidiary of Spanish energy company Enagás, and marine fuel supplier Peninsula have reached an agreement for the construction, joint ownership and charter of LNG bunker vessel to service in the Strait of Gibraltar.
The Biden administration has banned U.S. investments in Chinese companies allegedly linked to China’s military, expanding hard-line policies introduced by the previous administration. The executive order bans American citizens from investing in some of the leading defense and surveillance technology
South Korea’s Hyundai Samho Heavy Industries has won a contract for the construction of three very large crude carriers. According to the company’s parent Korea Shipbuilding & Offshore Engineering (KSOE), the contract is worth KRW 220 billion ($197 million). The shipowner behind the order is an undi
Japan’s FPSO operator MODEC has firmed up a contract award with Equinor to deliver one of the largest FPSOs ever delivered to Brazil.
US-based shipowner Eagle Bulk Shipping has purchased two 2015-built scrubber-fitted Ultramax bulkcarriers from Nautical Bulk Holdings for total of $44 million.
Dalian Shipbuilding Industry, a subsidiary of China State Shipbuilding Corporation, has delivered what has been described as the world’s first dual-fuel VLCC 2x3500m³ C-type LNG cryogenic storage tank. The 2x3500m³ C-type LNG cryogenic storage tanks, developed independently by the group, are complia
Dutch shipyard Concordia Damen has signed a ‘historic’ contract for the construction of the hydrogen-powered inland barge with Dutch inland shipping company Lenten Scheepvaart.
Japanese majors NYK Line, Nihon Shipyard, and ClassNK have signed an MOU with Norwegian chemical company Yara International to study the practical application of an ammonia-fueled ammonia gas carrier (AFAGC) that uses ammonia as its main fuel. The project is part of joint R&D for the practical appli
China Merchants Jinling Shipyard (Weihai) has cut the steel of the MS Finnsirius, the first of two new Finnlines’ Superstar Ro-Pax vessels. MS Finnsirius is a part of Finnlines’ EUR 500 million newbuilding programme which includes two eco-sustainable ro-pax vessels as well as three hybrid ro-ro vess
German dry bulk operator Oldendorff Carriers has continued with the expansion of its fleet through several deals made with Japanese partners.
Swire Shipping plans to sign the building contract for the first pilot vessel of the Project Cerulean by the end of June 2021. The project, announced two years ago, aims to develop low-carbon, low-cost sail-assisted inter-island cargo vessels to serve communities in the Pacific that lack cargo handl
Japanese shipping major Nippon Yusen Kaisha (NYK) took delivery of a new liquefied natural gas (LNG) carrier Diamond Gas Crystal, built at Hyundai Samho Heavy Industries (HSHI).
Algoma Central Corporation has entered into a contract with Yangzijiang Shipyard in Taicang City, China to build a new Seaway-Max self-unloading vessel for its domestic dry-bulk fleet. According to the Canadian shipping company, the vessel will be the first of the new Equinox 2.0 Class, a design tha
Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Mineral Resources (KIGAM). The 92-meter long and 21-meter wide vessel will be constructed at Hanjin Heavy Industries & Construction in South Korea. According to Ulstein, the SX134 design research vessel will
