Yara Eyde, which has been described as the world’s first containership to be powered by pure ammonia as fuel, is scheduled to enter the market in 2026, according to its developers. The vessel is being developed by ammonia producer and shipowner Yara Clean Ammonia and the Norwegian container operator
The European Commission has included Tanger Med and Port Said, two pivotal transshipment hubs, in the European Union’s (EU) revamped carbon pricing regime for ships. This latest update, however, brings a marked change in the way emissions are assessed, and it extends its reach beyond EU borders, her
Dutch shipowner Boomsma Shipping and German counterpart Leonhardt & Blumberg have placed a joint order for the construction of up to eight 8,500-ton low-emission dry cargo vessels, to be built by the Chowgule and Company – Shipbuilding Division Group in India. JR Shipping Shipbrokers & Consultants a
The construction of the new zero direct emission freight ferry ordered by Scandlines for the Puttgarden-Rødby route has begun to take shape, the Danish ferry company revealed.
Finland-based shipping company Langh Ship has taken delivery of the first out of three new multipurpose (MPP) dry cargo vessels.
Ulstein Design & Solutions has secured a contract with Malaysia-based Megamas Resources in partnership with Renaissance Technologies (RTM) to deliver the conceptual design of a fuel-efficient cable laying and repair vessel. According to Ulstein, the decision was taken in view of the shortage of cabl
Switzerland-based technology company ABB and the US cruise company Carnival Corporation have signed a long-term partnership agreement that will cover service for vessels powered by the Azipod XO electric propulsion system.
US LNG producer and provider Stabilis Solutions revealed on Tuesday that it had won a multi-year marine bunkering contract with Carnival Corporation & plc to provide LNG fuel for the Carnival Jubilee, the newest addition to the Carnival Cruise Line fleet. Stabilis said that under the terms of the co
Europe’s shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI). The contract includes two firm 158,000-dwt tankers and options for two more sister vessels with the delivery of the firm units sc
For the first time in Korea, simultaneous operations (SIMOPs) of ship-to-ship LNG bunkering were conducted for a coal-carrying bulk carrier at the POSCO raw material dock, Gwanyang port.
Hyundai Glovis, the logistics unit of South Korean auto giant Hyundai Motor Group, is allocating $1.85 billion for the acquisition of 12 LNG dual-fuel car carriers. The decision on the planned investment, approved during a board meeting held on October 26, 2023, represents a strategic move to bolste
Italian shipowner Fratelli Cosulich’s inaugural LNG bunker vessel, Alice Cosulich, has set sail from Qidong, China, towards Europe. The 8,200 m3 ship embarked on its journey on Friday, October 27, 2023, Fratelli Cosulich revealed, adding that in Europe, the vessel will play a crucial role in meeting
MV Ballard, an 80,500 dwt CABU combination carrier operated by Norway’s shipping company Klaveness Combination Carriers (KCC), has completed its first voyage following dry dock and the installation of an air lubrication system.
Japan-based trading company Itochu Corporation has signed a Memorandum of Understanding (MOU) with global engineering and construction contractor Orascom Construction on the development of ammonia bunkering in the Suez Canal, Egypt. Orascom Construction has extensive experience in the energy transit
