2027

The Dutch short-sea shipping company, Vertom Group, has officially taken delivery of the MV Vertom Rita, the first in a series of twelve diesel-electric short-sea vessels ordered from Chowgule Shipyards in India. Key Features of MV Vertom Rita The MV Vertom Rita boasts a box-shaped dry cargo hold, designed for operational efficiency by reducing energy...

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...

Swiss shipping giant MSC Mediterranean Shipping Company has inked a contract with a Chinese shipyard for the construction of up to twelve new dual-fuel containerships powered by liquefied natural gas (LNG). Continuing its robust investment in new vessels, MSC placed an order at Jiangsu Rongsheng Heavy Industries, a reestablished shipyard, for eight firm boxships. The...

U.S.-listed Greek dry cargo vessel owner and operator, Navios Maritime Partners, has placed an order for two methanol-ready 7,900 TEU containerships at a South Korean shipyard. The vessels will be built by HJ Shipbuilding & Construction (HJSC) at a cost of approximately $106 million each, according to data from Intermodal. These vessels are believed to...

Finland-based marine engineering company Deltamarin has secured a contract with China Merchants Jinling Shipyard (Weihai) to design and engineer the 14th and 15th vessels in Stena RoRo’s E-Flexer series. These vessels will feature multi-fuel capabilities and be methanol-ready, highlighting the industry’s shift towards greener technology. Set to join the fleet in 2027, the two new...

Australia’s national science agency, CSIRO, and the Maritime and Port Authority of Singapore (MPA) have announced a grant call for proposals under the Australia-Singapore Low-Emissions Technologies (ASLET) initiative. This initiative aims to accelerate progress towards a net-zero emissions future while providing bilateral economic benefits. The ASLET is supported by the governments of Singapore and Australia....

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...

Electrofuel developer Liquid Wind has signed a Letter of Intent (LoI) with energy company Umeå Energi and shipping firm Wasaline to explore the sale and purchase of eMethanol for Wasaline’s ferry operations. This collaboration is centered around the eFuel facility, FlagshipTHREE, currently under development in Umeå, Sweden, by Liquid Wind and Umeå Energi.  The LoI...

China COSCO Shipping Energy Transportation, listed on the Shanghai stock exchange, has finalized strategic shipbuilding contracts totaling $449 million (approximately RMB 2.9 billion) for six new tankers.  The subsidiary, Hainan COSCO Shipping Energy, inked agreements with Yangzhou COSCO Shipping Heavy Industry for the construction of three 114,200 dwt Aframax-type crude oil tankers, amounting to $289...

MacGregor, a division of Cargotec, has secured a substantial contract to provide comprehensive RoRo (Roll-on/Roll-off) equipment packages for an additional four Aurora-class pure car and truck carriers (PCTCs) for Höegh Autoliners, marking a pivotal expansion in the Aurora class newbuilding program.  This noteworthy order, recorded in Cargotec’s fourth-quarter 2023 intake, is set to contribute to...