The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocea
Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Futu
German shipbuilder Meyer Werft has handed over Silver Nova, an LNG-fueled cruise ship, to Monaco-based cruise line Silversea Cruises. The delivery was announced on 21 July in a brief social media update by Meyer Werft. The 54,700-ton ship is part of a newbuild project known as Project Evolution, and
Van Oord has completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm in the Dutch North Sea. Van Oord’s cable-laying vessel Nexus and trencher Dig-It, a remotely-operated vehicle operated from Subsea Viking, have installed a web of 69 inter-array ca
The American Bureau of Shipping (ABS) has issued an approval in principle to the fully autonomous ship framework named Action Planning and Execution System for full autonomous (APExS-auto). The system was developed by Nippon Yusen Kabushiki Kaisha (NYK), Monohakobi Technology Institute (MTI), and Ja
The Clean Canaveral liquefied natural gas (LNG) bunker barge has completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral. JAX LNG, along with Polaris New Energy, handled the LNG refueling of the M/T Damia Desgagnés on the ship’s inaugural call to Port Canaveral at the port’s
U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green f
Liquefied natural gas (LNG) has become cheaper maritime fuel than Very Low Sulphur Fuel Oil (VLSFO), according to the most recent analysis made by Danish consultancy Sea-Intelligence. To comply with the IMO2020 regulations aimed at cutting sulphur emissions, the shipowners were given a choice betwee
Swiss freight trader Cargill has completed two pilot projects with Safetytech Accelerator, a dedicated technology accelerator established by Lloyd’s Register, involving robotic hull cleaning solutions and automated data collection from ship machinery. The projects were selected as part of Safetytech
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has achieved a drop in carbon emissions intensity worth 33.5 percent since 2008, and is on track to achieve its 40 percent reduction target ahead of 2030, the company revealed in its sustainability report for 2022. “We continue to s
Prosafe has disclosed a new timeline during which one of its semi-submersible vessels is expected to kick off its pending assignment.
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has secured a contract for the construction of two liquified CO2 (LCO2) carriers from Greek shipowner Capital Ship Management.
The construction of the methanol-ready Mein Schiff 7 cruise ship, being built for TUI Cruises at Finnish shipbuilding company Meyer Turku, has reached a landmark feat with the installation of main engines. The engines are being provided by Finnish technology company Wärtsilä and the ship will have a
Between 2021 and 2022, more than 39% of global bunkers exhibited a fuel content delta of 2% or more compared to the amounts stated in their delivery paperwork, a new report examining bunker discrepancies in the maritime industry released by Texas-based green-tech start-up FuelTrust said. The primary
