Hong Kong-based shipowner Seaspan has taken delivery of the fifth 15,000 TEU containership powered by liquified natural gas (LNG) from South Korean shipbuilding company Samsung Heavy Industries (SHI).
The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv
Hamburg-based asset and investment manager MPC Capital AG has held a christening ceremony for two green methanol-ready containerships at renowned shipyard HJ Shipbuilding & Construction.
Solstad Offshore is experiencing a prolonged spell of success, demonstrated by the latest batch of contracts for six vessels in its fleet.
An impressive majority of 68 percent of Finnish maritime respondents who participated in a recent survey have expressed their willingness to pay more money in exchange for emission reduction on their travels. The EPSI Rating’s Passenger Transport 2023 survey examined the customer experience and cust
German shipping company E&S Tankers has taken delivery of the first of four of its 6,600 dwt duplex, stainless steel LNG dual-fuel chemical tankers Liselotte Esseberger. “So pleased to take delivery of our first newbuilding, Liselotte Essberger, and rest assure that she is the first of many new vess
Prominent American financial institution JP Morgan has placed an order for two advanced dual-fuel methanol carriers with China’s Guangzhou Shipbuilding International (GSI). The two methanol-powered product tankers each boast a capacity of 50,000 deadweight tons (dwt), according to the data from Athe
Tel Aviv-based maritime technology company Orca AI has revealed that it will participate in the second development stage of the MEGURI2040 full autonomous ship project administered by Japan’s Nippon Foundation.
Finnish marine technology supplier Wärtsilä and Swedish shipping company Furetank are co-developing and testing two technologies showing the potential to halve the methane slip of LNG-fueled ships. Methane slip on LNG-powered vessels refers to the unintentional release of methane, a potent greenhous
AAL Shipping, part of investment company Schoeller Holdings, has held a steel-cutting ceremony for teh fourth Super B-Class dual-fuel-ready heavy lift multipurpose vessel (MPV).
Hong Kong shipowner Wah Kwong Maritime Transport Holdings has taken delivery of a new Ultramax bulk carrier which will be built as a ‘liquified natural gas (LNG) ready’ vessel.
PGS, together with JV consortium partners TGS and SLB, has secured pre-funding to expand the multi-client 3D coverage in the Sarawak Basin, offshore Malaysia, which supports the rising interest in oil and gas exploration within this region.
Hong Kong-based Cido Shipping has placed orders for a series of twelve bulk carriers at Chinese shipyards as part of a major fleet renewal push. The order has been divided across three shipyards, with each shipyard entrusted with the construction of four ships. The first quartet will be constructed
Norwegian equipment provider Brunvoll Mar-El has been contracted to provide electric propulsion systems for one new low-emission and two zero-emission passenger ferries owned by compatriot ferry operator Fjord1.
