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Shipbuilding

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Damen
Shipbuilding

Dutch govt, maritime sector pledge €60 million to turbocharge shipbuilding innovation

The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint

about 3 years ago
containership
Shipbuilding

BIMCO: Containerships hit their highest average age to date

Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels have an average age of 11.9 years, while tankers, on average, are 12.8 years old, BIMCO said in the

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about 3 years ago
CSSC Guangxi Shipbuilding manisa
Shipbuilding

Manisa orders up to 8 cargo ships from CSSC Guangxi Shipbuilding

Italian shipping company Manisa Chartering has entered into a contract with China State Shipbuilding Corporation’s Guangxi Shipbuilding and Offshore Engineering for the construction of up to eight 8,500-ton general cargo ships. This deal represents the most significant export order for shipbuilding

about 3 years ago
Knutsen takes delivery of third LNG carrier for charter with ORLEN
Shipbuilding

Knutsen takes delivery of third LNG carrier for charter with ORLEN

Norwegian shipowner Knutsen Group has taken delivery of a newbuild LNG carrier that will go on a charter with Poland’s PGNiG Supply & Trading, a part of ORLEN Group. The vessel named Saint Barbara is the third in a series of six vessels that will be chartered to the Polish company, following Lech Ka

about 3 years ago
Rystad Energy says ramp up of investments needed to meet net-zero targets, despite snowball effect of CCS to build over 10 times by 2030
Shipbuilding

Northern Lights CEO: We are making CCS viable

The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide

about 3 years ago
© Copyright Louis Dreyfus Armateurs / Airbus
Shipbuilding

Louis Dreyfus Armateurs to build three wind-assisted RoRos for Airbus

European aerospace giant Airbus has selected French maritime firm Louis Dreyfus Armateurs (LDA) to renew its fleet of chartered vessels with three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. Airbus has commissioned LDA to build, own, and operate these new vessels th

about 3 years ago
Lady Maria Fisher
Shipbuilding

James Fisher linked to order for up to 4 dual-fuel LNG tankers in China

UK-based maritime service provider James Fisher has reportedly placed an order for up to four dual-fuel liquefied natural gas (LNG) tankers. The contract includes two firm orders plus options for two additional ships. The vessels will be constructed at China Merchants Jinling Shipyard (Yangzhou), Ch

about 3 years ago
Value Maritime
Shipbuilding

JR Shipping marks 10th Filtree installation in carbon capture milestone

Dutch shipping company JR Shipping has reached a significant milestone by installing the 10th Filtree Carbon Capture system on its fleet. The installation was carried out on board the 750 TEU MV Enforcer vessel in cooperation with Spanish shipbuilder Astilleros de Santander S.A.U. The Dutch-flagged

about 3 years ago
Euronav
Shipbuilding

Euronav, Cargill, and Chevron vow to adopt vessel optimization strategies at GMF summit

Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens. Under the ambition, the trio committed to adopt vessel optimization strategies that can decrease annual fuel consumption by

about 3 years ago
Royal Wagenborg
Shipbuilding

Wagenborg’ latest EasyMax vessel splashed at Royal Niestern Sander

Royal Wagenborg’s EasyMax 3 vessel has hit the waters at the Royal Niestern Sander shipyard Farmsum, Netherlands. With a cargo capacity of more than 14.000 tonnes and a hold capacity of 625.000 cbft, the Easymax vessel type is the latest series in the company’s fleet. With an installed power of less

about 3 years ago
Zhoushan Xinya Shipbuilding Maersk
Shipbuilding

Maersk seals world’s 1st methanol dual-fuel conversion project with Chinese shipbuilder

Danish container shipping heavyweight Maersk has signed its first methanol dual-fuel conversion project with Chinese shipbuilder Zhoushan Xinya Shipbuilding Co. The momentous deal, inked during a special ceremony held on October 18, 2023, signifies the inception of the world’s maiden containership m

about 3 years ago
World's first wind-powered RoRo
Shipbuilding

WATCH: Wallenius Wilhelmsen tests new hull of Orcelle Wind before approaching shipyards

Wallenius Wilhelmsen and its project partners are working diligently on the development of the Orcelle Wind, an innovative wind-powered Pure Car Truck Carrier. Namely, parallel to the production of the first wing prototypes, the company is also working on the fine-tuning of the vessel design. The Al

about 3 years ago
CoolCo secures sale and leaseback financing for two newbuild LNG carriers
Shipbuilding

CoolCo secures sale and leaseback financing for two newbuild LNG carriers

Cool Company (CoolCo) has entered into sale and leaseback financing arrangements with Huaxia Financial Leasing for two LNG carriers that are being built by Hyundai Samho Heavy Industries in South Korea. Following the earlier announcement of the purchase of two 2-stroke LNG carrier newbuilds, namely

about 3 years ago
Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report
Shipbuilding

Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report

In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2

about 3 years ago