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Maersk
Vessels

Maersk to study feasibility of green fuels bunkering in Oman

Danish container shipping major Maersk is resuming its partnership-building strategy aimed at securing the supply of green fuels for its new ships. Namely, the company has signed a Memorandum of Cooperation (MoC) with the Alternative Energy (AE) business unit of OQ, a global integrated energy compan

about 3 years ago
Cargo
Vessels

UNCTAD: GHG emissions from the world’s maritime fleet heading in wrong direction

Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f

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about 3 years ago
UAE player expands its fleet with 24 jack-up barges and 38 offshore support vessels
Vessels

24 jack-up barges and 38 offshore support vessels join UAE player’s fleet

UAE’s ADNOC L&S has completed the acquisition of Zakher Marine International (ZMI) and expanded its fleet to over 300 vessels.

about 3 years ago
shipping BIMCO
Vessels

BIMCO’s CII clause says time charterers should bare the brunt of ships’ emissions

BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter

about 3 years ago
Eastern Pacific Shipping (EPS)
Vessels

U.S. lays the blame for drone strike on oil tanker off Oman at Iran’s door

Following a drone attack on an oil tanker off the coast of Oman, the U.S. Central Command has put the blame on Iran.

about 3 years ago
EPS Tankers
Vessels

Eastern Pacific Shipping’s product tanker hit by projectile off Oman

Singapore-based ship management company Eastern Pacific Shipping is investigating an incident involving its managed product tanker Pacific Zircon. “Preliminary reports indicate the vessel, carrying a cargo of gas oil, was hit by a projectile approximately 150 miles off the coast of Oman at about 15:

about 3 years ago
Al Seer Marine
Vessels

Al Seer Marine orders four MR tankers at K Shipbuilding

Abu Dhabi-based maritime company Al Seer Marine, a subsidiary of International Holding Company (IHC), has placed an order for the construction of four IMO II/III medium-range tankers with Korean shipbuilder K Shipbuilding. The vessels are expected to be built at Jinhae Shipyard and delivered before

about 3 years ago
MSC
Vessels

World’s largest LNG-powered cruise ship christened

MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has held a naming ceremony for the world’s largest LNG-powered cruise ship and one of the first to incorporate fuel cell technology, MSC World Europa.

about 3 years ago
Maritime sector teams up with hydrogen leaders to scale up green hydrogen production
Vessels

Maritime sector teams up with hydrogen leaders to scale up green hydrogen production

Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca

about 3 years ago
Saudi yard hands out deal for detailed design of new jack-up rigs to U.S. player
Vessels

Saudi yard hands out deal for new jack-up rigs to U.S. player

International Maritime Industries (IMI) has awarded a detailed design engineering contract for the construction of jack-up rigs to Zentech.

about 3 years ago
QatarEnergy and MOL expand partnership with three new LNG carrier deals
Vessels

QatarEnergy and MOL expand partnership with three new LNG carrier deals

State-owned oil and gas company QatarEnergy has signed another long-term charter contract with a subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL) for three newbuild liquefied natural gas (LNG) carriers. The contract includes three LNG carriers to be built at Hudong-Zhonghua Shipbuil

about 3 years ago
Cleo Bierneza, a seafarer (Third Officer) from the Philippines
Vessels

Up to 800,000 seafarers due for carbon upskilling by mid-2030

As many as 800,000 seafarers will require additional training by the mid-2030s to enable the shipping industry to transition towards alternative low- and zero-carbon fuels and technologies with the aim of keeping global warming to 1.5C or less by 2050, a DNV study shows. Findings also suggest that a

about 3 years ago
In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals
Vessels

In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals

With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy

about 3 years ago
As more vessel jobs with higher day rates come in, UAE player solidifies its financial position
Vessels

As more vessel jobs with higher day rates come in, UAE player solidifies its financial position

Gulf Marine Services (GMS) has secured two new deals and a contract extension for its vessels with increased day rates.

about 3 years ago