News

Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, and compatriot energy company GS Energy have agreed to cooperate in eco-friendly business areas, including clean ammonia and hydrogen. To this end, the...

German shipbuilder Meyer Werft has held a keel-laying ceremony for eco-friendly cruise ship Silver Ray for Silversea Cruises. As informed, the ceremony took place at the shipyard in Papenburg, Germany, on 23 March. The...

Taiwanese bulk carrier company U-Ming Marine has hosted a christening ceremony for the fourth 210,000 dwt eco-friendly bulk carrier built by Qingdao Beihai Shipbuilding Heavy Industry Co. As informed, the ceremony took...

Tech company ABB has signed a contract with Italian shipbuilder Fincantieri to deliver in total eight mid-range Azipod propulsion systems for four forthcoming medium-sized cruise vessels. The passenger ships will be...

Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has entered into agreements with units of GasLog and GasLog Partners to purchase two LNG carriers. According to CDB Leasing’s stock exchange...

Chinese company COSCO Shipping and South Korean shipbuilder Samsung Heavy Industries (SHI) have received the world’s first D-INF(S) type approvals from classification society DNV for their data collection systems. The D-...

Finnish company Neste has signed an agreement with Terntank Rederi A/S for time chartering two new lower-emission product tankers.  As disclosed, the tankers are constructed to transport a wide variety of liquid cargoes...

Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. The company announced on 24 March that the 50,000 dwt...

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has delivered the third liquefied natural gas (LNG) carrier to compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). As informed,...

Danish shipping giant A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project.  As disclosed...