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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...

Northern Offshore Services Delivers World’s First 100% Biomethanol-Powered CTV Northern Offshore Services (N-O-S), a Sweden-headquartered provider of crew transfer vessels (CTVs) for the offshore wind industry, has delivered a groundbreaking CTV powered entirely by biomethanol. The vessel has been chartered by wind turbine supplier Vestas, marking a major milestone as the world’s first CTV running...

Windcoop Orders World’s First Wind-Powered Container Vessel from RMK Marine French activist shipping company Windcoop has placed an order for what it hails as the world’s first wind-powered container vessel, to be built at RMK Marine shipyard in Tuzla, Türkiye. According to RMK Marine, the wind-powered open hatch boxship will operate on a route between...

Maersk Unveils Albert Maersk: Latest Methanol Dual-Fuel Container Vessel Danish shipping and logistics giant Maersk has officially revealed the name of its newest methanol dual-fuel container vessel. The vessel, named Albert Maersk, was christened during a ceremony in Mumbai on February 28 as part of its maiden voyage to India. A Step Towards Sustainable Shipping...

Guangzhou Shipyard Delivers First LNG-Powered Car Carrier for H-Line Shipping Guangzhou Shipyard International (GSI) and China Shipbuilding Trading, both subsidiaries of China State Shipbuilding Corporation (CSSC), have officially christened and delivered the first of two 8,600 CEU liquefied natural gas (LNG)-powered dual-fuel car carriers built for South Korea’s H-Line Shipping. Glovis Trust Delivered at Nansha...