Greek shipowner and operator Euroseas has taken delivery of its M/V Gregos, an eco 2,800 TEU feeder containership newbuilding from Hyundai Mipo Dockyard Co. in South Korea. The vessel is EEDI Phase 3 compliant and equipped with a Tier III engine and other sustainability-linked features including alt
A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red Sea. The Nautica was in drydock in Zhoushan, China for r
A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030
The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual
DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.
The International Maritime Organization’s (IMO) Legal Committee has highlighted the risks and consequences of ship-to-ship transfers in the open ocean and the methods used to obscure ship identities. At its 110th session in London, the committee was informed that a fleet of between 300 to 600 tanker
This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Upgrade for premium access here. The decarbonization conundrum in the shipping industry persists due to a multitude of challenges, including the high cost of alternative fuels, th
Taiwanese container shipping giant Yang Ming has been described as the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022, according to an analysis of Xeneta’s Carbon Emissions Index (CEI). Xeneta said that Yang Ming was the industry’s only major player to score belo
Alternative fuel ships have accounted for around 60% of new orders since the start of 2022 in GT, primarily driven by LNG dual-fuel vessel orders, and increasingly methanol, and now account for 5% of fleet GT and 47% of orderbook, data from Clarksons shows. Looking at the fleet profile, the shipbrok
The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new
The UAE-headquartered Gulf Marine Services (GMS) has won two new deals for one of its small-size class vessels.
Qatar Gas Transport Company (Nakilat) and HSD Engine have signed a long-term service agreement for the provision of spares and maintenance services necessary to maintain the reliability of engines onboard Nakilat’s liquified natural gas (LNG) vessels.
Wreckdock, a Jubail-based offshore vessel recycling company, has revealed plans to develop a safe and sustainable facility in Saudi Arabia for the circular demolition of vessels. The company plans to build four drydocks from 350 meters to 500 meters long with eight quays equipped with heavy-duty cra
Arab Maritime Petroleum Transport Company (AMPTC) has placed an order for the construction of two very large gas carriers at South Korean Hyundai Heavy Industries (HHI). The two VLGCs are slated for delivery by the end of August 2026, HHI’s parent, Korea Shipbuilding & Marine Engineering (KSOE) said
