MOL Coastal Shipping, a group company of Japanese shipping major Mitsui O.S.K. Lines, revealed that its 499 GT coastal RoRo vessel, the Tetsuun Maru No.1, trialed the use of biofuel. The biofuel used on the vessel is made by mixing waste cooking oil derived from vegetable oils and fats in Japan with
QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN
South Korean shipbuilder Hyundai Samho Heavy Industries hosted a christening ceremony last week for Euronav’s two tanker newbuilds, MV Brest and MV Bristol. The two 157,000 dwt Suezmax tankers were ordered back in 2021 costing $186 million en-bloc, and including $4.2 million in additions and upgrade
DNV has entered into a JDP with AL Group and its Singapore unit to explore the feasibility of CCS on board AL’s newbuildings.
Japanese shipping company Mitsui O.S.K. Lines (MOL) and Pyxis Maritime Pte (Pyxis) have signed a Memorandum of Understanding (MoU) to collaborate on the joint development and marketing of the electric vessels (EV) business in the Singapore region.
Singapore’s port operator PSA Singapore (PSA) and compatriot shipping company Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimize maritime efficiency. The duo plans to work on developing a set
GMS has won one new contract and two extension deals for the vessels in its fleet, raising contracted backlog revenue to $326.2 million.
Singapore-based tanker owner and operator Hafnia aims to complete the rollout of the Starlink Satellite System, a satellite internet constellation developed by Elon Musk’s SpaceX, across its entire fleet by the end of 2023. After completing successful pilots between 2022 and 2023, Starlink is now up
Dutch ship design and engineering company C-Job Naval Architects has formed a strategic partnership with MEYER Group, wherein MEYER Group will acquire a 50 percent stake in C-Job. MEYER Group, an international consortium, operates three shipyards under MEYER Werft, located in Papenburg, Rostock, and
Members of ‘The Silk Alliance’ cross-supply chain industry partnership, initiated by the Lloyd’s Register (LR) Maritime Decarbonisation Hub, have issued an open letter to drive actions to accelerate the green corridor cluster in Singapore. The letter outlines an implementation plan with key mileston
Mitsubishi Shipbuilding, a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, held a christening and launch ceremony for the Fugaku Maru, a roll-on/roll-off (RO/RO) ship under construction for Fujitrans Corporation. The ceremony took place at the Enoura Plant of MHI’s Shimonoseki Shi
Norwegian offshore vessel operator Eidesvik Offshore has secured a contract extension with Wintershall Dea for its platform supply vessel (PSV) Viking Princess. Viking Princess was hired by Wintershall Dea Norge back in October 2020 and the first extension option was exercised in October 2021 to pro
Havila Shipping has gotten its hands on a contract extension for a platform supply vessel (PSV), which is working for Equinor.
Finnish cleantech company Norsepower Oy, Japan’s shipowner IINO Kaiun Kaisha (IINO Lines), and compatriot Mizuho Leasing Company have signed a cooperation agreement to launch a mechanical sail leasing initiative for Norsepower’s rotor sail. This move aims to increase shipping companies’ access to No
