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Mitsui O.S.K. Lines, announced the signing of a memorandum of understanding for the joint study of ocean transportation of Direct Reduced Iron with SMT Shipping As steel industry intensifies… Presentation from Petros Achytypis, CEO of Prevention at Sea at the CMC Get Together On Tuesday, February 25th, 2025, Cyprus Mar
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News
WinGD dual-fuel technology gives Polaris Shipping flexibility across methanol and ethanol
4+ day, 4+ hour ago (277+ words) The WinGD engines will power four 210,000 DWT Ore carriers being built for Polaris Shipping at Qingdao Beihai Shipbuilding Heavy Industry Co in China, with delivery scheduled for 2031. The order adds to WinGD orderbook of alternative fuel engine technology, which now…...
KLine newbuilding LNG vessel for Toho Gas named TOHO EMERALD
4+ day, 4+ hour ago (256+ words) Kawasaki Kisen Kaisha announced that the naming ceremony for a newbuilding LNG carrier was held at a Samsung Heavy Industries facility in South Korea on September 9, 2026. The newbuilding LNG carrier, owned through a joint venture with Toho LNG Shipping, a…...
MOL world???s first LNG carrier equipped with Wind Challenger
4+ day, 3+ hour ago (234+ words) The ceremony was attended by numerous guests and stakeholders. The vessel was formally named FUJIN SAILOR by Ms. Molly T. Laegeler, President of Chevron’s Supply & Trading business and the vessel’s Godmother. At SMM 2026, the maritime industry’s decarbonisation debate has distinctly shifted…...
Beyond Speculation: W??rtsil????s Bernd Bertram on Practical Propulsion, Carbon Capture, and Fleet Decarbonisation
3+ day, 21+ hour ago (1334+ words) The conversations we are having today are far more practical than they were even a few years ago. Shipowners have largely moved beyond waiting for a single fuel or technology pathway to emerge. Instead, they are focused on actions that…...
Vallourec and Aramco strengthen their partnership through the signing of an agreement for the supply of Oil Country Tubular Goods
4+ day, 4+ hour ago (409+ words) Vallourec, a world leader in premium seamless tubular solutions, announces the signing of an agreement with Aramco to further strengthen the two companies’ commercial, industrial, and technological ties. The agreement was signed as part of the recent French- Saudi Investment…...
Bunker price volatility boosts freight rates for LNG-fueled dirty tankers
5+ day, 1+ hour ago (661+ words) Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for LNG-fueled tankers reflect such freight costs in $/mt and provide a…...
European gas prices surge to highest since 2023 on Iranian threat
5+ day, 1+ hour ago (395+ words) European wholesale natural gas prices spiked to their highest levels since early 2023, driven by mounting fears that escalating military confrontation involving Iran could disrupt vital energy transit through the Strait of Hormuz. Benchmark Dutch TTF gas futures surged past €75 per…...
New practitioner resources launched to help shipping prepare for ammonia-fueled vessels
6+ day, 22+ hour ago (362+ words) Lloyd’s Register Maritime Decarbonisation Hub (The Decarb Hub) and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) have launched a new suite of resources to help shipowners, operators and managers prepare for the safe adoption of ammonia as…...
Santos to increase interest in Papua LNG
6+ day, 23+ hour ago (533+ words) TotalEnergies has agreed with ExxonMobil to transfer operatorship of the Papua LNG project to ExxonMobil PNG Antelope Limited, in parallel with a partial sell-down of its participating interest to the other Papua LNG joint venture partners in proportion to their…...
Korean Marine Equipment Eyes European Shipyards
1+ week, 51+ min ago (286+ words) Kim Yeon-jae, head of KOTRA’s Europe Regional Headquarters, noted that growing global demand for eco-friendly shipping, AX adoption, and supply chain diversification represents a significant opportunity for Korean companies, and pledged to support Korean businesses in seizing new opportunities not…...