South Korea-based K Shipbuilding has received Approval in Principle (AiP) from the classification society American Bureau of Shipping (ABS) for its methanol fuel-ready medium range tanker design. Courtesy of ABS The AiP was granted after a five-month joint development project between ABS and K Shipbuilding evaluating various aspects including storage,
London-based energy and marine consultancy AqualisBraemar LOC (ABL) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard. Courtesy of AqualisBraemar LOC ABL Group bought the UK operations of OSD-IMT for an undisclosed cash amount from the previous owner Damen. The
Tokyo-based firm e5 Lab Inc. and shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, have teamed up to design “ROBOSHIP”, a standard hybrid-electric propulsion vessel, for a 499-tonne biomass fuel carrier being built by Honda Heavy Industries. Conceptual Graphic Image of ROBOSHIP. Photo: MHI As explained, the duo
Korean shipyard Samsung Heavy Industries (SHI) has ordered tank design for two new LNG carriers from the French LNG containment specialist GTT. Courtesy of GTT As part of this order, GTT will design the tanks of the new vessels. Each will specifically offer a capacity of 174,000 cubic metres. SHi
Moody’s Investors Service (Moody’s) has assigned an investment grade credit rating with a stable outlook to the Australian energy giant Santos following the firm’s merger with Oil Search. This adds to Santos’ existing BBB rating with a stable outlook by Fitch Ratings and BBB- with stable outlook from S&P Global Ratings.
Vopak Moda Houston, jointly owned and operated by Royal Vopak and Moda Midstream, says that its marine ammonia terminal in the Port of Houston is now fully operational. The waterfront at the Vopak Moda Houston terminal: Courtesy of: Business Wire Vopak Moda Houston is a joint venture between Dutch LNG
Aasfjell, a battery hybrid bulk carrier newbuild ordered by Norway’s shipping company Aasen Shipping, has left the Royal Bodewes shipyard in Hoogezand, the Netherlands. It has been towed to the Port of Delfzijl. The 9,300 dwt general cargo vessel is said to be the very first newly built hybrid ship
The world’s first methanol propelled pilot boat has been launched by the Fastwater project, a consortium of Europe’s maritime research and technology leaders set to demonstrate the feasibility of retrofit and newbuild vessels to operate on methanol. Launched ahead of schedule, one of the Swedish Maritime Administration’s (SMA) pilot boats
Norway-based LPG shipping firm Avance Gas Holding has entered into a time charter agreement for its first dual fuel VLGC Avance Polaris to French energy major TotalEnergies. Courtesy of Avance Gas Avance Gas and TotalEnergies signed this time charter deal specifically for a period of two years. The ship is
A containership owned by South Korean shipping company HMM has been bunkered with sustainable marine bio-heavy oil, starting an offshore empirical test. The ship in question is the 13,154 TEU Hyundai Dream. The bio-heavy oil fueled New Panamax boxship will be conducting the empirical test for a certain period of