Mitsubishi Heavy Industries, Ltd. (MHI) announced on January 26 that the company, ITOCHU Corporation, INPEX Corporation, and Taisei Corporation have signed a memorandum of understanding for a joint feasibility study on a large-scale and..
Cepsa announced on January 23 that the company has added a diesel-electric hybrid barge to its fleet of marine fuel supply vessels. The vessel, already operating in the Bay of Algeciras, is the first of its kind to supply fuel to ships ..
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announced on January 19 that the company has signed the Memorandum of Understanding (MoU) on the joint study of liquefied CO2 shipping for developing Carbon dioxide Capture and Storage ..
Diana Shipping Inc announced on January 17 that, through a separate wholly-owned subsidiary, it has extended the time charter contract with CLdN Cobelfret SA, Luxembourg, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. T..
Mitsui O.S.K. Lines, Ltd. (MOL) announced that the first of Japan's first two LNG-fueled ferries, the Sunflower Kurenai, owned by MOL and operated by its group company Ferry Sunflower Co., Ltd., entered service on January 16. The fe..
As the charter market boomed and demand for older vessels for the FLNG conversion project increased, only one LNG carrier was scrapped in 2022. According to industry sources and TradeWinds, only 126,540 cbm steam turbine LNG carrier ..
French shipowner Louis Dreyfus Armateurs, through its Louis Dreyfus Ports and Logistics (LDPL), succeeded in developing an eco-friendly vessel design that can store and supply hydrogen using green ammonia. According to industry sourc..
TOKYO-Mitsui O.S.K. Lines announced on January 10 that it has decided on a new series name and a new hull color design for its car carriers, which are primarily fueled by environment-friendly liquefied natural gas (LNG). MOL has ordered..
Diana Shipping announced on January 9 that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Solebay Shipping Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v..
Samudera Shipping Line announced on January 6 that the company had entered into agreements for the acquisition of twonew-build container vessels from an unrelated third party on December 23, 2022. The aggregate acquisition price is a..