Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c
Dutch shipping company ÈTA Shipping and Lithuania-based marine engineering specialist Western Baltic Engineering have started their joint engineering of ÈTA Shipping’s launching project ÈTA 6700.
EuroDry, a spin-off from Euroseas focusing on dry bulk shipping, is set to complete the installation of ballast water treatment plants on board nine bulkers by the end of this month. “Eight of our vessels (89%) have ballast water treatment plants (BWTP) installed on-board. We expect the installation
Solstad Offshore has secured a contract extension for one of its platform supply vessels (PSVs) with Equinor for operations off Norway.
Japanese shipping major NYK is pushing forward with plans to convert its LNG-fueled tugboat Sakigake to operate on ammonia fuel. The tugboat, operated in Tokyo Bay by NYK Group company Shin-Nippon Kaiyosha Corporation, is scheduled to be converted by 2024. The fuel modification contract has been sig
As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to
Keppel has terminated contracts with three clients related to orders for a jack-up drilling rig, a tender-assist rig, and a liftboat.
Taiwanese shipping company Wan Hai Lines hosted a naming ceremony for three 3,013 TEU containerships, built by Japan Marine United Corporation Tsu Shipyard. The naming ceremony was held online in order to meet COVID-19-related precautions. WAN HAI 351、WAN HAI 352 and WAN HAI 353 are the first three
The Netherlands-headquartered EMAR Offshore has bought two fast crew suppliers (FCS) from Damen Shipyards Group.
Belgian shipping company Exmar has signed an agreement with Italian oil and gas company Eni for the sale of Tango FLNG.
MODEC and Toyo Engineering Corporation are setting up a joint venture for floating production storage and offloading (FPSO) vessels.
Greek dry bulk shipping firm Star Bulk Carriers has earned back its $250 million investment in exhaust gas cleaning systems (scrubbers), within a span of 2.5 years, the company said. The bulker owner has been a staunch supporter of scrubbers as a means of meeting the IMO 2020 sulphur cap and had a f
Japanese shipbuilder Kawasaki Heavy Industries has concluded a shipbuilding contract for an LPG and liquified ammonia gas carrier with compatriot shipowner Nippon Yusen Kabushiki Kaisha (NYK). The 86,700 m3 LP/NH3 carrier will be powered by LPG fuel and it is such vessel ordered by NYK. It is equipp
The surging demand for methanol-powered ships over the past 12 months has been triggered by the shipping industry’s accelerating decarbonization push, which has resulted in ordering of 40 methanol-powered ships.
