Speaking to the US Congress, President Donald Trump proposed a ‘sweeping’ plan to revive US shipbuilding, pledging renewed efforts to strengthen both military and commercial vessel production. Framing the initiative as both an economic imperative and a national security priority, against the backdro
CMA CGM is further expanding its LNG-fueled fleet with a new order worth nearly $2.6 billion for twelve dual-fuel LNG containerships to be built in China.
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has bagged a KRW 458.8 billion (around $312 million) order from an undisclosed Asian shipping company to construct two very large ethane carriers (VLECs). It is understood that the two ethane carriers are set to b
UK’s GT Wings has installed its first AirWing wind propulsion system onboard a general cargo vessel owned by Carisbrooke Shipping, reaching “a major milestone in sustainable shipping”.
San Diego-headquartered Flagship Cruises & Events has clinched $15.2 million funding from the California Air Resources Board (CARB) to develop a pair of fully electric zero-emission ferries to serve the San Diego to Coronado route. As disclosed, the CARB Advanced Technology Demonstration and Pilot P
Swedish shipping company Torghatten AB has contracted Finnish shipbuilder Työvene to construct two battery-hybrid passenger vessels.
Singapore-headquartered offshore, marine, and energy solutions provider Seatrium has completed a carbon capture and storage (CCS) retrofit project for Japanese shipping company Mitsui O.S.K. Lines (MOL), installing an onboard CO2 capture system on an LR1 product tanker.
Danish shipping and logistics giant Maersk has revealed the name of its latest methanol dual-fuel container vessel.
Dutch shipbuilder Thecla Bodewes Shipyards has laid the keel for the first diesel-electric multi-purpose dry cargo vessel ordered by Norway-based company Navigare Shipping & Logistics.
Germany’s KfW IPEX-Bank has decided to support the fleet renewal program of the British shipping company Carisbrooke Shipping with financing amounting to around €26 million.
Cochin Shipyard has started building a hybrid-electric service operations vessel (SOV) for North Star, which will operate at the He Dreiht offshore wind farm in Germany under a long-term charter North Star signed with EnBW last year. North Star and Cochin Shipyard cut the first steel for the new SOV
Hong Kong-based shipowner and leasing newcomer SeaKapital Holdings has placed an order for up to six liquefied natural gas (LNG) dual-fuel bunkering vessels at Ningbo Xinle Shipbuilding in China, as per Greek shipbroker Intermodal. As noted, SeaKapital has booked two firm 20,000 cbm LNG bunker ships
An ammonia-fueled ammonia bunkering vessel design developed for local use in Singapore has received approval in principle (AiP) from classification society ClassNK.
Swedish ferry company Stena Line has launched its second methanol-ready NewMax hybrid ferry at China Merchants Jingling Shipyard.
