1

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hyundai’s shipbuilding business, has secured a major contract with compatriot maritime transport firm HMM for eight 13,400 TEU dual-fuel container ships. The order, unveiled on November 23, is valued at approximately $1.46 billion. HD Hyundai officials describe this agreement as...

Japan Marine United Delivers Fuel-Efficient 159,000 DWT Suezmax Tanker Ionic Semeli  Yokohama-headquartered shipbuilder Japan Marine United Corporation (JMU) has delivered an environmentally friendly 159,000 deadweight tonnage (DWT) Suezmax tanker to its owner. The vessel, christened Ionic Semeli, was officially handed over on July 23 at JMU’s Tsu shipyard in Mie Prefecture. The owner is understood...

Grimaldi Group Orders Nine Methanol-Ready Ro-Pax Vessels from China Merchants Jinling Shipyard Italian shipping group Grimaldi has placed a $1.3 billion order for nine methanol-ready Roll-On/Roll-Off Passenger (Ro-Pax) vessels with China Merchants Jinling Shipyard (Weihai), as part of its fleet expansion and renewal strategy. The shipbuilding contract, signed on April 8 in Hong Kong, includes...

Growth of Clean Fuel-Powered Ships: A Significant Shift in the Maritime Industry In recent years, the global fleet of clean fuel-powered ships has seen remarkable growth. The current dual-fuel fleet consists of 2,119 vessels with a combined capacity of 123 million gross tons. This growing fleet now represents 7.4% of the global maritime fleet by...

Continuing its commitment to fleet renewal, Danish shipping and logistics giant A.P. Moller – Maersk has placed an order for ten liquefied natural gas (LNG) dual-fuel containerships in China. The vessels will be constructed at Yangzijiang Shipbuilding, adding to Maersk’s substantial orderbook. According to data from Intermodal, these ships will have a nominal capacity of...

Chinese shipbuilder New Times Shipbuilding (NTS) has successfully delivered two eco-friendly, 159,000 DWT crude oil tankers to Greek shipowner TMS Tankers. These vessels, launched at the end of September, mark the third and fourth installments in a series of four tankers ordered by TMS. Environmentally Engineered Vessels The newly launched tankers are designed to prioritize...

International non-profit organization Greenpeace has signed a contract with Spain’s Freire Shipyard to begin construction of a new eco-friendly sailing ship. The new vessel is designed to pioneer sustainable technology and demonstrate that long-distance sea voyages can be accomplished using various renewable energy sources. According to Greenpeace, this decision follows years of design work aimed...

For the past month, Color Line’s two passenger ferries, which operate between Denmark and Norway, have exclusively utilized B100 biofuel, a product supplied and managed by marine fuel provider Bunker One.  Bunker One has been responsible for delivering B100 biofuel to Color Line’s SuperSpeed 1 and 2 ferries during their voyages between Hirtshals in Denmark...

X1 Wind, a Spain-based startup, has achieved a significant milestone with the successful generation of 1 kWh of power by their floating wind turbine prototype off the coast of Spain’s Canary Islands. This achievement brings X1 Wind closer to realizing their goal of manufacturing their innovative design on a large scale. The X30 floating prototype...

Plans by governments to extract fossil fuels up to 2030 are incompatible with keeping global temperatures to safe levels, says the UN. The UNEP production gap report says countries will drill or mine more than double the levels needed to keep the 1.5C threshold alive. Oil and gas recovery is set to rise sharply with only a...