South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering will install ammonia dual-fuel engines in two 46,000-cubic-meter medium-sized LPG carriers that are being built for Belgian shipping company Exmar. The vessels, measuring 190 meters in length, 30.4 meters in width, and 18.8 m
As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as
French shipping major CMA CGM has revealed the names of its new terminals in the United States as the company embarks upon a $600 million upgrade at “Port Liberty New York” and “Port Liberty Bayonne”. The terminals were acquired by CMA CGM from Global Container Terminals (GCT) in December 2022. The
Explora Journeys, the travel brand of MSC Group, has held a naming ceremony for cruise ship Explora I in New York City.
German shipping company Neu Seeschiffahrt and Yara Marine technologies (YMT) have signed an agreement to install the propulsion optimization technology YMT’s FuelOpt across Neu Seeschiffahrt’s fleet.
US-based Overseas Shipholding has signed an agreement with BP Oil Shipping Company to purchase a methanol-ready tanker.
The world’s first LNG-fueled Panamax-class coal carrier, named Shoyo, has kick-started commercial operations after being bunkered with its first fuel at the beginning of October. The vessel was built by Japanese shipbuilder Oshima Shipyard for compatriot Nippon Yusen Kabushiki Kaisha (NYK) and Kyush
China’s Hudong-Zhonghua Shipbuilding has delivered the third LNG carrier to CSSC Shipping, the financial leasing entity of China State Shipbuilding Corporation (CSSC), and is on track to set a new record in annual LNG carrier deliveries. The 174,000 cubic meter LNG carrier named Wen Cheng was delive
China’s CIMC SOE has held a delivery signing ceremony for Italian shipowner Fratelli Cosulich’s 8,200 m3 LNG bunkering ship Alice Cosulich. The vessel has a total length of 113 m, a molded width of 20 m, a molded depth of 13.5 m, a design draft of 6.35 m and a load capacity of about 5,300 […]
New report warns that restrictions on oil & gas vessels in the Gulf of Mexico will undermine U.S. energy security and hamper economic growth.
Hong Kong-based dry bulk shipping company Pacific Basin anticipates limited orders for dual-fuel methanol-enabled mid-size dry bulk vessels in 2024. As explained, these vessels are expected to primarily consume conventional fuel oil in the foreseeable future due to the limited availability and high
Belgian tanker major Euronav revealed that it had lifted the option for a second very large crude carrier (VLCC) newbuild. The option was available under a contract Euronav signed in August with CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC). The constr
The global shipping industry is grappling with the pressing need to transition towards eco-friendly practices, as ambitious demands for decarbonization and impending carbon taxes loom on the horizon. The very large crude carrier (VLCC) sector is in a unique position with a large portion of its fleet
Danish shipping major A.P. Moller Maersk has decided to install Starlink, the pioneering satellite internet constellation developed by Elon Musk’s SpaceX, on its fleet.
