The second newbuild LNG dual-fuel very large crude carrier (VLCC) has been delivered to UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC). ADNOC confirmed the delivery of the vessel named Hasbhan on 17 July. This is th
The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen
Japanese shipping major NYK Line has placed an order for its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG/liquefied ammonia gas carrier (VLGC) from compatriot Kawasaki Heavy Industries Ltd. (KHI).
Enauta has received a letter from Yinson, notifying about the exercise of an option to acquire an FPSO, which will operate at its field off Brazil.
Bermuda-based bulk carrier company Himalaya Shipping has taken delivery of the fifth liquified natural gas (LNG) dual-fuel 210,000 dwt newcastlemax newbuild from New Times Shipbuilding (NTS).
The 80th session of IMO’s Marine Environment Protection Committee (MEPC 80) has initiated the review of the short-term measures, ie the Carbon Intensity Indicators (CII), Energy Efficiency Existing Ship Index (EEXI) and Ship Energy Efficiency Management Plan (SEEMP), by approving the plan for such a
South Korean shipping company Pan Ocean has christened its newest liquified natural gas (LNG) bunkering vessel which is set to be chartered to energy company Shell LNG.
UAE-based shipping company Transworld Group and Hong Kong-based ship management company Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management. The JV will provide dedicated technical management services to Transworld Group’s fleet which includes c
The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le
Dynagas LNG Partners, an owner and operator of LNG carriers (LNGCs), has entered into time charter party agreements with Rio Grande LNG, a subsidiary of NextDecade Corporation, for two LNGCs, adding approximately $270 million to its existing revenue backlog. The 2007-built LNG carrier Clean Energy h
Dutch shipping company JR Shipping has completed the installation of Value Maritime’s Filtree and Carbon Capture technology on the 9th vessel, MV Emotion. The installation on the 2008-built containership of 1,440 TEU was completed in Hamburg, Value Maritime said in an update. The latest development
The jury is still out on the fuel choice for a series of twenty new vessels the Singapore-based container shipping major Ocean Network Express (ONE) has on order. “We haven’t made a decision yet on which technology to choose. The jury is still out and like the rest of the industry we are very intere
Denmark’s shipping company Celsius Shipping has hosted a naming ceremony for the latest liquified natural gas (LNG) tanker Celsius Geneva in South Korea.
European shipping emissions grew 3% last year as the industry edges closer to pre-pandemic levels, a new analysis by NGO Transport & Environment (T&E) shows. The analysis says that European shipping emitted over 130 million tonnes of CO2, with cruise ship emissions well up on the year before combine
