News

Eastaway, a subsidiary of Singapore-based X-Press Feeders Group, has ordered eight dual-fuel, methanol-powered containerships.The order, which was reportedly placed with Chinese shipyards, includes options for additional ships. The first of the new 1…

Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the Ger...

Naval architecture firm LMG Marin has secured a contract to design a zero-emissions tanker for Grieg Edge, the dedicated innovation unit of the Grieg Maritime Group. The vessel is said to be the world’s first green ammonia-fueled tanker, according to t...

3i Infrastructure has agreed to acquire AMP Capital's stake in the Danish offshore vessel owner ESVAGT.The deal will result in 3i Infrastructure owning a 100% of the equity in ESVAGT. "This further investment is expected to be £268 million.

The world's first liquefied hydrogen carrier could leave Japan for Australia to pick up its first cargo of hydrogen late this month though the return date has yet to be set due to COVID-19, Japan's Kawasaki Heavy Industries Ltd said on Friday.The A$500...

A shipment of Royal IHC's equipment is traveling from Europe to the U.S. to be installed on Weeks Marine's new trailing suction hopper dredge (TSHD) R.B. Weeks, currently under construction at Eastern Shipbuilding Group's Allanton shipyard in Florida. ...

The world's largest containership lessor Seaspan Corporation said it has taken delivery of two 12,200 TEU newbuilds. The vessels will immediately begin 18-year charters with an unnamed "major liner customer".The new ships are the second and third of fi...

Parts fabricated by additive manufacturing (AM) – also known as 3D printing – and installed on an oil tanker for operational testing have been validated to be in good working condition, marking a significant step for the technology's implementation in ...

Royal Dutch Shell Plc shut production at its Prelude floating liquefied natural gas (LNG) site and Chevron Corp shut one of three processing units at its Gorgon LNG plant, both off northwestern Australia, the companies said on Friday.The Gorgon…

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio…