Stena Line is strengthening its position and expanding services in the Baltic Sea Region, by deploying two new ferries on the route between Ventspils in Latvia and Nynäshamn in Sweden this year. The first of the two vessels, Stena Scandica…
The ship recycling markets continues to perform well, according to GMS. The supply of tonnage remains primarily focused on wet and offshore units – particularly OSVs, FSUs, Aframax tankers, MRs and smaller bunkering tankers.In particular Pakistan…
Dr. Anil Sharma, CEO and founder of GMS, is a dominate player in the world’s ship recycling business. MR TV caught up with him in late June 2021 for insights on the pace and direction of ship recycling activity and pricing.Dr. Sharma, to start…
In 2015 Stena Line converted the 240-m Stena Germanica to become the world’s first methanol powered ferry. Fast forward six years and the Swedish ferry company has achieved another world first, powering Stena Germanica with methanol recycled…
The world fleet is projected to grow by 6.4% over the coming five years, down from 7.4% in previous five years, says shipping organization BIMCO.Global shipyards are under pressure and 2021 is turning out to bring the third lowest level of newbuilding orders in 12 years…
The National Shipbuilding Research Program (NSRP) has announced the election of new officers to its Executive Control Board (ECB).Tom Perrine, Vice President of Engineering at Austal USA in Mobile, Ala. has been elected as ECB Chair for a two-year term…
NYK signed a memorandum of understanding (MoU) for the consecutive building of LNG-fueled PCTCs at Shin Kurushima Dockyard Co., Ltd. and Nihon Shipyard Co., Ltd. Twelve new ships are planned to be built, six ships each at the two shipyards, for delivery successively from fiscal 2025 to fiscal 2028…
cavotec said it has won a series of orders in the second quarter with a total value of €5 million ($6.1 million) to equip the world’s largest newbuild containerships with ShorePower systems. This is in addition to €3 million ($3.7 million) in orders already secured in the first quarter…
The past decade has seen tight restrictions on emissions from vessels, notably with a 2015 move to a .10% sulfur maximum in Emission Control Areas (ECA) in North America and in northern Europe. As the International Maritime Organization (IMO) now shapes shipping’s decarbonization future…
As the maritime industry debates the 'future fuel', one carrier, United European Car Carriers (UECC), plows forward, celebrating today the keel-laying of its third in a series of PCTCs powered by a liquefied natural gas (LNG) battery hybrid arrangement…
The RoPax vessel Côte d'Opale – Stena's fifth E-Flexer vessel from the Chinese shipyard CMI Jinling (Weihai) – was delivered May 17, 2021 in a ceremony with representatives from Stena RoRo, DFDS and the shipyard.The ship, at 214m long will become…
Bureau Veritas has granted approval in principle (AIP) for the Trade Wings 2,500 design, a wind- and LNG/electric-powered containership concept designed jointly by VPLP Design, Alwena Shipping, SDARI and AYRO.As the maritime industry moves toward designs and technologies that minimize emissions…
Mitsubishi Shipbuilding held a christening and launch ceremony May 13, 2021 for the first of two large ferries being built for Japan Railway Construction, Transport and Technology Agency (JRTT) and Meimon Taiyo Ferry Co., Ltd. The ceremony took…
Puget LNG and GAC Bunker Fuels have signed a memorandum of understanding to cooperate in the supply of liquefied natural gas (LNG) marine fuel from Puget LNG’s terminal to GAC’s customers in the Pacific Northwest.When the Tacoma LNG Terminal becomes operational in the second quarter of 2021…
French container shipping company the CMA CGM Group announced on Friday it has ordered 22 vessels from Chinese shipyard CSSC Group expected to be delivered in 2023 and 2024. The value of the order was not disclosed.The shipbuilding contract…