A study commissioned by WWF-Canada on marine fuel alternatives for use in the Canadian Arctic has found that the risks of using heavy fuel oil for shipping operations could be greatly reduced by switching to liquefied natural gas. “Of all the marine fuel options, heavy fuel oil is the most polluting
Maersk Line has signed a shipbuilding contract with Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) for 11 plus 6 optional second generation Triple-E container vessels with a capacity of 19,630 TEU each. The contract has a value of USD 1.8 billion. It was signed by Mr Sung-
Two shipping companies delayed deliveries of their ships from South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC), the shipbuilder said in a filing to Korea Stock Exchange. An undisclosed Turkish shipping company, most probably Ciner Shipmanagement, has extended the delivery dat
Postponement of entry into force of the obligatory requirements set out in the IMO Ballast Water Management (BWM) Convention has had a detrimental impact on European maritime technology manufacturers, SEA Europe association said. Namely, European manufacturers that have invested time and resources i
Nor-Shipping has announced the winners for the 2015 Nor-Shipping Awards, recognizing achievements in three areas – energy efficiency, innovative ship design and young entrepreneurship. The Energy Efficiency Award was given to Harvest Frost, the first of three vessels designed to serve primarily for
Finnish corporation Wärtsilä is launching a series of four new container feeder vessel designs at this year’s Nor-Shipping exhibition being held in Oslo from June 2 to 5. The designs are based upon achieving optimal fuel efficiency, while being compliant with all known current and future environment
Japanese shipbuilder Tsuneishi Holdings Corporation participated in a demonstration test conducted by V-cube to verify whether it would be possible to inspect equipment and gather information using live visual feedback acquired from drones (multicopters). The test was conducted at the Tsuneishi Fact
The International Maritime Organization’s Maritime Safety Committee (MSC), which meets at the IMO’s London headquarters for its 95th session from 3 to 12 June 2015, is expected to adopt a new mandatory code for gas-fuelled ships. The adoption will include the draft International Code of Safety for S
Oslo-listed provider of floating LNG services Höegh LNG Holdings Ltd has ordered its eighth floating storage and regasification unit (FSRU#8) at South Korean shipbuilder Hyundai Heavy Industries (HHI). FSRU#8 is designed to the highest specifications, has full trading capability, regas capacity of 7
South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) is heading into a round of massive restructuring to trim down losses, DSME’s new head Jung Sung-leep announced. As a result, the new chief executive and president said the shipbuilder would focus on core business and d
South Korea’s shipbuilder Hanjin Heavy Industries has received a KRW 75.6 billion (USD 67.9 million) order to built two container ships for an unnamed European owner, the company’s stock announcement shows. The contract was signed on May 29, and the two boxships are expected to be delivered by the e
Despite an uneven picture across shipping markets in terms of performance and earnings, the volume of capacity entering the fleet seems to have evened out, according to Clarksons. Shipyard output looks fairly steady, with the 6-month moving average of deliveries averaging around 7-8m dwt per month f
Hybrid propulsion systems and connected ship solutions are emerging technologies that are gaining ground faster than expected, said Tor E. Svensen, CEO DNV GL – Maritime, while commenting on the update to DNV GL’s ”Shipping 2020” report which was published in 2012. The rise of hybrid vessels was una
COSCO (Guangdong) Shipyard Co. has delivered a 35,500 DWT bulk carrier, Chios Freedom, to its European buyer Harbor Shipping. The vessel measures 179.99 meters in LOA (length of all), 30.0 meters in breadth and 14.7 meters in depth. The delivery comes four months after Greek shipping company Harbor