European ferry operator Stena Line is building two all-new hybrid propulsion vessels designed to run on methanol. The company said that the construction of the NewMax vessels will begin shortly with the launch of operations on the Irish Sea expected in 2025. China Merchants Jinling Shipyard in Weiha
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding hosted a naming ceremony for two 190,000-ton dual-fuel LNG bulk carriers intended for UK-based mining company Anglo American. The two bulkers were named Ubuntu Empathy and Ubuntu Humanity at an event hosted by the shipbuilder on May 9. The occasio
The Elbehafen LNG terminal in Brunsbüttel, Germany has started its regular commercial operations. At the beginning of May, an LNG cargo was delivered by the LNG Sakura vessel, marking the commencement of operations. The LNG terminal’s developer RWE said the commercial operations will be carried out
Six crew members, who were kidnapped by pirates from Monjasa Reformer, an oil and chemical tanker, in the Gulf of Guinea in late March have been rescued from an undisclosed location in Nigeria, as confirmed by the ship’s owner, Monjasa, on Monday. The Danish-owned vessel was seized on March 25 by a
Chinese shipyard Hudong-Zhonghua Shipbuilding has cut steel for the sixth and final dual-fuel LNG powered 13,000TEU dual-fuel container ships being constructed for France’s CMA CGM. These vessels are designed to operate using either traditional fuel or liquefied natural gas (LNG). The 336-metre long
Italy’s oil and gas company Eni has begun offloading the first LNG cargo into Snam’s (Italy’s energy company) new regasification terminal in Piombino. The LNG was produced at Egypt’s Damietta liquefaction plant, one of the facilities where Eni made investments. Eni stated it acquired regasification
MSC Gemma, an ultra large containership with a capacity of 24,116 TEU (Twenty-foot Equivalent Units), has completed its sea trials at the Hudong Zhonghua shipyard in China. The Liberia-flagged vessel, which is being constructed for MSC, underwent comprehensive testing of various systems and componen
The Mission to Seafarers has published the latest Seafarers Happiness Index report for Q1 2023, revealing a decline in overall happiness levels among seafarers during the first three months of the year. The Seafarers Happiness Index (SHI) report covers ten key questions that provide insights into th
HGK Shipping, Hydrogenious LOHC Maritime and Hydrogenious LOHC Technologies have signed a Memorandum of Understanding (MoU) with the goal to develop a scalable solution to make hydrogen available as a source of energy on a large scale. According to HGK, the technology is based on hydrogen, which is
Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel, is scheduled to commence sea trials in mid-June. According to Meyer Turku, the shipbuilder of what is expected to be the world’s largest and most technically advanced cruise ship, the construction is progressing at a
Christiania Shipping A/S, a specialized chemical ship owning and chartering company, has reached an agreement with the Japanese shipyard Murakami Hide for the construction of two 13,000 dwt stainless steel chemical tankers. The Copenhagen-based company said the duo is slated for delivery in the seco
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a record performance of container shipping majors, impacted by
