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MSC to Invest Over $1.2 Billion in LNG Dual-Fuel Containership Fleet Expansion  Swiss container shipping giant MSC is set to invest over $1.2 billion in fleet expansion through a new order for up to six LNG dual-fuel containerships at a Chinese shipyard. MSC has recently contracted CMHI Haimen, a shipyard under China Merchants Industry Group...

Finnish cleantech firm Norsepower will supply six of its wind propulsion rotor sails for six newbuilding tankers commissioned by Germany’s GEFO Shipping Group. Under the agreement, Norsepower will deliver rotor sails for two 7,900 dwt chemical tankers and four 3,850 dwt chemical tankers. All vessels are currently under construction at China’s Nantong Xiangyu Shipbuilding, with...

Chinese automaker Geely Holding has officially launched its first self-owned roll-on/roll-off (RoRo) ship, the Geely JISU Fortune, operated by JISU Logistics.  Built by local shipyard CIMC Raffles, the 7,000 CEU liquefied natural gas (LNG)-powered vessel was named at Taicang Port Area of Suzhou Port in China on May 22, 2025.  Following the naming ceremony, the...

Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of its latest dual-fuel methanol carrier, Kohzan Maru VII, built by HD Hyundai Mipo (HMD) in South Korea. The vessel was officially handed over on May 30, just a week after its christening ceremony. Under a long-term charter deal announced in May 2023, the Kohzan...

Abu Dhabi-based Al Seer Marine, a subsidiary of International Holding Company (IHC), and B International Shipping & Logistics, an affiliate of energy trader BGN, have launched a new joint venture (JV) to own and operate mid-sized LPG and product tankers.  ASBI Shipping FZCO: A Strategic New Venture  The new JV, named ASBI Shipping FZCO, has...

Crowley’s LNG-Powered Containership Quetzal Makes Inaugural Call at JAXPORT Florida’s largest container port, the Jacksonville Port Authority (JAXPORT), has welcomed the maiden voyage of Quetzal, Crowley’s newest liquefied natural gas (LNG)-powered containership. The 1,400 TEU newbuild made its inaugural call at the port on April 29, 2025. With capacity for up to 1,400 20-foot container...

Allseas Bolsters Offshore Capabilities with Two Methanol-Ready Construction Vessels Switzerland-based offshore pipeline installation, heavy lift, and subsea construction specialist Allseas has expanded its fleet with two newbuild offshore construction vessels (OCVs), featuring methanol-ready propulsion systems. This strategic move aims to position the company for long-term growth amid a rapidly evolving offshore energy market. Following a...

Pacific International Lines Launches First 8,200 TEU LNG Dual-Fuel Containership Singapore-based shipping company Pacific International Lines (PIL) has held the naming ceremony for its first 8,200 TEU LNG dual-fuel containership. The vessel, named Kota Oasis, was officially unveiled at a ceremony held at the Yangzijiang Shipbuilding yard in China. It is the first of four...

Algoma Central and Irving Oil Welcome First Methanol-Ready Tanker, Algoma East Coast Canadian shipping firm Algoma Central Corporation and refining company Irving Oil have officially welcomed the arrival of their first methanol-ready product tanker. The 37,000 DWT Algoma East Coast arrived at Saint John Harbour on April 28, 2025. Built at Hyundai Mipo Shipyard in...

BYD Launches New Car Carrier ‘Xi’an’ as Part of Global Expansion Strategy Accelerating its global expansion efforts, China’s plug-in hybrid electric vehicle manufacturer BYD has launched its latest roll-on/roll-off (RoRo) car carrier, the BYD Xi’an. On April 2, 2025, the company shared three images on Weibo—a Chinese microblogging platform—featuring two of its car carriers in...