South Korea-based HJ Shipbuilding & Construction (HJSC) has clinched its inaugural order this year for an 18,000 cbm liquefied natural gas (LNG) bunkering vessel for compatriot shipping player H-Line Shipping. It is understood that the contract is worth KRW 127.1 billion (about $87.47 million). As d
Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan.
Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.
French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.
China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.
Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport.
Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express.
Greek magnate George Economou-led TMS Group has ordered up to ten 11,400 TEU environmentally friendly containerships in China.
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has launched its first fully electric supply boat (e-supply boat) and laid the keel for its first fully electric tug at PaxOcean Batam.
Mitsubishi Shipbuilding and Nippon Gas Line jointly obtained approval in principle (AiP) for a low-pressure type liquefied CO2 (LCO2) carrier for coastal transportation.
Cruise company Norwegian Cruise Line Holdings (NCLH) has confirmed an order for four new cruise ships with sustainability features to be constructed by Italian shipbuilder Fincantieri.
India has unveiled its intention to set up an INR 250 billion (about $2.9 billion) maritime development fund (MDF) to grow the national ship fleet and support the domestic shipbuilding and repair sector.
Greece’s Capital Ship Management Corp (CAPITAL) has expanded its fleet with two new LNG-ready eco-type crude oil/product carriers.
Ascenz Marorka, a smart shipping arm of France’s GTT Group, has formed a commercial partnership with Greek company Piraeus Marine Services to strengthen its position in providing one-stop maritime decarbonization solutions for shipyards and shipping companies in Greece.
