Hyundai Mipo Dockyard (HMD) has won design approval for the development of the world’s first 30,000cbm liquefied carbon dioxide carrier. The new carrier will incorporate a new type of steel in its tanks, supporting greater efficiencies in the carbon capture and storage (CCS) value chain. The steel u
Hong Kong-based containership owner Seaspan Corporation has canceled the contracts for four 7,700 TEU dual-fuel liquefied natural gas containership newbuildings. The company said on Thursday that the decision was made as the counterparty failed to meet certain conditions in the contracts, hinting th
Royal IHC has taken a step further to become one of the world’s leading suppliers of sustainable dredging solutions with the launch of fully electrically powered IHC Beaver cutter suction dredger series. As announced today, the company is expanding its portfolio of standard Cutter Suction Dredgers (
South Korean shipbuilder Hyundai Samho Heavy Industries, a subsidiary of Korea Shipbuilding & Marine Engineering Co., has won an order for the construction of two LNG dual-fuel pure car truck carriers (PCTC). The order is worth KRW 331 billion ( approximately $ 237 million) and it has been placed by
Greek shipping company Tsakos Energy Navigation (TEN) is accelerating its fleet modernization efforts as it seeks to invest in greener ships. The company said it was looking into divesting some of its older vessels and replacing them with more modern, eco-friendly vessels. The strategy builds upon t
Development Bank of Japan (DBJ) and classification society ClassNK have established “Zero-Emission Accelerating Ship Finance (program)” to support the maritime industry’s transition toward decarbonization.
New Zealand’s logistics specialist Move Logistics Group is pressing ahead with the plans to procure a new methanol-ready roll-on, roll-off (RORO) vessel. The company has already secured NZ$10 million ($ 6 million) in co-investment funds from transport agency Waka Kotahi. The government has committed
Norwegian digital solutions provider Kongsberg Digital has signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, a Bermuda-based provider of LNG shipping services.
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has signed a €32.2 million loan agreement with Swedish ship financing provider Svenska Skeppshypotek.
The next-generation ultra-large liquefied carbon dioxide (LCO2) carrier being developed by South Korean shipbuilder Hyundai Heavy Industries Group (HHI) and Hyundai Glovis has obtained approval in principle (AiP) from classification society ABS and the Republic of the Marshall Islands (RMI) Maritime
Allseas is in the process of completing its scope of work in the Tyra redevelopment project by delivering two jackets to a recycling yard.
Taiwanese shipping firm Evergreen Marine has taken delivery of the second 24,000 TEU containership from Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation. The ultra-large boxship, named Ever Aria, is a sister ship to Ever Alot, which was delivered to the container sh
The use of liquefied natural gas (LNG) as fuel for ships has grown exponentially over the past few years as the bridging fuel of choice. At the moment, LNG as a fuel is dominating the orderbook of larger ships. Data from DNV shows that of the 1,046 ships on order with alternative fuels, 167 are [&he
Classification society ABS granted approval in principle (AIP) to CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design & Research Center Co., Ltd (CSDC) for the world’s first methanol-powered Newcastlemax bulk carrier.
