Vessels
Toft: We are consuming too much fuel and have too many ships in the networks
The container shipping industry has been faced with an unprecedented congestion crunch over the past year and a half, driven by COVID-19 related labour shortages, as well as handling capacity limits resulting in major disruption across the global ports. Massive swings in container shipping demand co
Navios Partners to acquire five drybulk vessels
Dry cargo vessel owner and operator Navios Maritime Partners has inked a deal to acquire five drybulk vessels for a total of approximately $182.3 million.
BIMCO: 277 boxships changed hands in H1 2021
During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020, data from Vessels Value shows. The jump testifies to a red-hot container market that has fueled demand for tonnage, not only in the charter market,
Triumph Subsea and Harland & Wolff’s wind farm vessel deal off, Triumph says InfraStrata’s statement ‘misleading’
The Letter of Intent (LoI) for the construction of a Windfarm Development Vessel (WDV) – issued last year by Triumph Subsea Services to InfraStrata plc – has been formally cancelled, Triumph Subsea said after InfraStrata reported the LoI had been set aside as the shipbuilder was not confident the pr
Ertuğrul Gazi FSRU undergoing final regasification trials
The ABS-classed Ertuğrul Gazi, the first Turkish-flagged FSRU, is currently undergoing final regasification trials on site before commencing operations.
Simon Møkster vessel to support Aker BP drilling campaign
Norwegian Simon Møkster Shipping has been awarded more work with Aker BP to support its drilling campaign offshore Norway.
SOVs wanted for two offshore wind farms in Germany
An operator of two offshore wind farms in Germany has opened a tender looking for a service operation vessel(s).
DNV approved Samsung’s design for fuel cell-powered LNG carrier
Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle from Norway-based classification society DNV for the design of fuel cell-powered LNG carrier.
Danish shipping companies ready to tap into CO2 transport opportunities
Danish Shipping, a focal point for Denmark’s shipping community, has welcomed the government’s move to support the ambitious countrywide CO2 storage initiative which is expected to create immense possibilities for domestic transport companies.
Contractor pipeline to double as FPSO market is booming, Rystad says
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020, Rystad Energy says.
Silverstream installs air lubrication on Vale-chartered ore carrier newbuild
Clean technology company Silverstream Technologies has fitted its air lubrication technology on the Vale-chartered newbuild ore carrier Sea Victoria. The installation is the first time that any air lubrication technology has been deployed on a very large ore carrier (VLOC), Silverstream said. Coming
Wärtsilä will supply cargo systems to VLGCs built at DSME
The technology group Wärtsilä will supply its cargo handling system to four new very large gas carriers (VLGC) being built by DSME for Avance Gas.
Ocean Yield becomes co-owner of dual-fuel boxship
Norway’s shipowner Ocean Yield ASA has decided to acquire 49.9% equity interest in one dual-fuel newbuilding container vessel.
Alpha Gas takes delivery of Energy Intelligence LNG carrier
South Korean shipbuilder DSME has handed over newbuild LNG carrier Energy Intelligence to Greek ship management company Alpha Gas.