Classification society DNV has awarded an Approval in Principle (AiP) to Michelin for their WISAMO wing sail system. DNV said that this was the first AiP to have been awarded to an inflatable wing sail design. The wing prototype with a surface area of 100 sqm is being installed on Compagnie Maritime
Norwegian shipowner Höegh LNG has signed a new loan facility agreement with a group of banks to refinance two floating storage and regasification units (FSRUs) employed on long-term contracts in Germany. Höegh LNG’s FSRUs Höegh Esperanza and Hoegh Gannet were chartered by the German Federal Ministry
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, th
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered the tank design of three new LNG carriers from French LNG containment specialist GTT. HHI placed the order on behalf of an undisclosed European shipowner for three LNG carriers which will offer a total cargo capacity of 200,000 m3 each
Solstad Rederi, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, has sold one of its platform supply vessels (PSVs). The new owner, whose name Solstad did not disclose, took over the 88.8-meter-long PSV Normand Flipper on 9 February. The vessel was built in 2003 and is of UT
CSSC Huangpu Wenchong, a subsidiary of the China State Shipbuilding Corporation, has launched the second 5,000-cbm gas carrier being built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM).
Global data analytics firm Xeneta has launched a campaign to rank the environmental performance of carriers across the world’s top 13 shipping trades. The firm is using the Carbon Emissions Index (CEI), a tool developed by Xeneta and Marine Benchmark, to evaluate carriers’ emissions levels in the ma
Italian shipbuilder Fincantieri has hosted a coin ceremony for the second Explora eco-friendly cruise ship that is building for the Cruise Division of Swiss shipping giant MSC Group.
Norway’s Reach Subsea has secured a contract and vessel capacity to deliver a decommissioning scope in the North Sea for an undisclosed client. The contract represents about 40 project days for execution in the first quarter of the year and will see the utilization of the vessel Olympic Delta. Reach
Marine insurance provider Skuld has signed the Poseidon Principles for Marine Insurance, a global framework for assessing and disclosing the climate alignment of insurers’ hull and machinery portfolios. The framework is aimed at enabling the insurance sector to implement transparency and establish a
The Liberian Registry has awarded an Approval in Principle (AIP) to British company Anemoi Marine Technologies for their Rotor Sail systems. Anemoi’s rotor sails are available with three deployment options – fixed to the deck, a folding type, and on rails that can be moved along or across the deck.
Northern Lights, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies, has reached a new milestone for its LNG-powered, wind-assisted CO2 transportation ships. According to the project’s update on social media, the steel cutting for the CO2 transportation tanks has been carried out
Holland Shipyards Group (HSG) has selected marine battery manufacturer AYK Energy to supply lithium batteries for the retrofit of FPS Waal, the inland container vessel owned by Dutch shipping company Future Proof Shipping (FPS). The FPS Waal is the second inland containership in FPS’ fleet that will
Energy company TotalEnergies Marine Fuels has completed its first refuelling of a Hapag-Lloyd container vessel in Singapore with sustainable marine biofuel.
