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BIMCO: Sale of 25-year-old VLCC ends 512 days demolition drought
The sale of an almost 25-year-old crude oil tanker marks the end of the 4th longest streak of zero VLCC demolitions in history, lasting 512 days, BIMCO said. The 300,500 dwt VLCC named Sam (formerly...
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Maersk CEO: LNG won’t play a big role for us as a transition fuel
The world’s largest container shipping company Maersk is likely to opt for a zero-emission alternative to fossil fuels rather than choosing LNG as a bridging fuel for the company’s fleet. “We don’t...
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CGN orders Wärtsilä engines for hybrid ferries
The Finnish technology group Wärtsilä has secured engines order for two CGN hybrid ferries. The company will supply the engines and related emissions control after-treatment systems. Courtesy of...
View ArticleHapag-Lloyd reports COVID-19 cases on two ships
German container shipping company Hapag-Lloyd reported that two of its vessels were facing delays amid COVID-19 infection cases among the crew. The two ships include CSL Manhattan, a 2005-built...
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First stretched Star Plus cruise ship handed over to Windstar
Star Breeze, the first cruise ship completed as part of the extension and modernization initiative of Seattle-based Windstar Cruises, has been delivered to the cruise line by the Italian shipbuilder...
View ArticleSuper Post-Panamax container gantry cranes arrive at Port Everglades
This embedded content is only visible after accepting cookies. Change your preferences Florida’s Port Everglades has received three Super Post-Panamax container gantry cranes. The port authority said...
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VV: Shipbuilding orders in 2020 down by 41% YoY
Ordering of new ships in 2020 has decreased by 41 percent when compared to the same period in 2019, data from UK-based vessel valuation agency VesselsValue shows. According to a chart listing this...
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Golden Ocean unveils major refinancing deal, returns to black in Q3
Bermuda-based dry bulk shipping company Golden Ocean has signed a loan agreement to fully refinance the $425 million credit facility which is secured by fourteen Capesize vessels. Image Courtesy:...
View ArticleGreen Jade to put waste heat from its engines to use
The Green Jade floating heavy lift installation vessel, owned by CSBC-DEME Wind Engineering (CDWE) and currently under construction at CSBC shipyard in Kaohsiung, will be equipped with a system for...
View ArticleDryad Global: Bunkering vessel hijacked, talks underway to release ship and...
Togo-flagged bunkering vessel Stelios K has been hijacked while en route to Lagos, the UK-based maritime security firm Dryad Global said on Tuesday. According to the latest information from today, the...
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Havyard sets up hydrogen solutions firm
Norway’s Havyard Group has decided to create a separate company in an effort to meet market demand for its complete hydrogen system for ships. As informed, Havyard expects to have the first system...
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Baleària completes first LNG bunkering in Port of Almeria
Spanish shipping company Baleària completed the first liquefied natural bunkering in the port of Almeria. Courtesy of Baleària The company said in its statement that the operation was carried out in...
View ArticleMOL: New app processes ship operational data in real time
Japanese shipping company Mitsui O.S.K. Lines (MOL) has, together with MOL Information Systems (MOLIS), developed and introduced the ‘Online Ablog’ web application which processes and utilizes...
View ArticleSGS supports Hafnia environmental goals
Subsea Global Solutions (SGS) has entered into a new agreement with product tanker owner and operator Hafnia to provide underwater hull maintenance and repair services for their fleet of 93 owned...
View ArticleDanica: Each crew change costing up to $2,000 more amid COVID-19 impact
Individual crew changes are costing up to an additional $2,000, doubling the price since last year as a result of the COVID-19 pandemic, Danish-managed crewing specialist Danica said. The crewing...
View ArticleStena Line takes delivery of newest E-Flexer in China
Swedish ferry operator Stena Line has taken delivery of Stena Embla, the final of the company’s three new E-Flexer vessels destined for the Irish Sea. The delivery ceremony took place at the CMI...
View ArticleSingapore supports 11 projects to drive maritime innovation
The Maritime and Port Authority of Singapore (MPA) has awarded a total of S$1.625 million to eleven joint industry projects in the areas of maritime digitalisation and additive manufacturing for ship...
View ArticlePort of San Diego pushes ahead with microgrid installation
Port of San Diego is pushing forward with the installation of a microgrid, battery storage system, and electrical infrastructure at the port’s Tenth Avenue Marine Terminal (TAMT) in line with its...
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Zvezda cuts steal for lead Arctic LNG 2 tanker
Russian Zvezda Shipbuilding Complex said it has cut the steel for the lead vessel in the ice-class ARC7 LNG tanker series. Courtesy of Zvezda Shipbuilding Complex To remind, the vessels built by the...
View ArticleHafnia CEO: Further consolidation needed within the product tanker sector
Product tanker major Hafnia Limited believes that further consolidation is needed within the product tanker sector to fully unleash value and synergies from additional operational scale. Hafnia...
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