Monthly Archives: February 2025

James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move…

NYK Line has become a co-owner of the crew transfer vessel (CTV) operator Northern Offshore Group (N-O-G) with the most recent investment, in preparation for the anticipated future expansion of offshore wind in waters closer to Japan.N-O-G operates ove...

Jim Towers is Principal in Charge as well as a Senior Naval Architect and Marine Engineer at Elliott Bay Design Group. He has 45 years of marine experience in vessel design and construction with a specific emphasis on structure. A recognized…

Taiwanese container shipping firm Evergreen Marine Corporation has ordered 11 new LNG dual-fuel container ships from South Korean and Chinese shipyards, whose combined worth is up to $3.2 billion.On February 12, Evergreen disclosed two orders for 11 co...

The fifth Multilateral Naval Exercise Komodo, hosted by the Indonesian Navy, began on February 16.The biennial exercise will continue until February 22 in Bali, Indonesia, and will involve over 30 ships from more than 15 countries. Russia, China…

MITSUI E&S has announced the beginning of the test phase for the world’s first commercial, two-stroke, dual-fuel ammonia engine. The MAN B&W 7S60ME-LGIA (-Liquid Gas Injection Ammonia) Mk 10.5 prototype engine began its ammonia fuel test-run…

The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts made by the new U.S. administration, reports UPI analyst Tomas Novotny. “This can potentially increase LNG market competition…

Finland’s Gasum has chartered a new bunker vessel that will be delivered in 2027.The new vessel, to be named Celsius, will enable Gasum to fulfil its strategic ambition to increase LNG and bio-LNG availability in the Northwestern European maritime…

SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM Offshore and M...

Kongsberg Maritime has secured a contract to supply an integrated package of equipment for Bibby Marine’s new electric Commissioning Service Operation Vessel (eCSOV), the world’s first fully-electric offshore vessel.Kongsberg Maritime will provide…