Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has entered into agreements with units of GasLog and GasLog Partners to purchase two LNG carriers. Illustration only; Archive. Courtesy of GasLog According to CDB Leasing’s stock exchange filing, the company entered into vessel purchase agreements with Gas-five, an entity indirectly
Finnish company Neste has signed an agreement with Terntank Rederi A/S for time chartering two new lower-emission product tankers. Terntank As disclosed, the tankers are constructed to transport a wide variety of liquid cargoes including renewable raw materials, such as waste and residue oils and fats, to Neste’s refineries. At
Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. Delivery of M/T Avax (Screenshot). Source: Capital Ship Management The company announced on 24 March that the 50,000 dwt vessel was delivered by Hyundai Vietnam Shipyard. The ship
Swiss marine power company WinGD has announced it will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for Chinese COSCO Shipping Lines at COSCO Shipping Heavy Industry (Yangzhou) site. Courtesy of WinGD The vessels are scheduled for delivery from 2025, and according to WinGD, will
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and large-scale production projects
French LNG containment specialist GTT has secured contracts with two undisclosed European LNG ship owners to equip a total of three vessels with its predictive maintenance solution, the Sloshing Virtual Sensor. Courtesy of GTT According to GTT, this digital technology is dedicated to the assessment of sloshing activity in order
Italian maritime transportation group Fratelli Cosulich has launched and christened its first LNG bunker tanker vessel named Alice Cosulich. Courtesy of CIMC SOE shipyard The vessel, inaugurated at the CIMC SOE shipyard in China, will sail under the Italian flag and will be operated by both onshore and offshore personnel.
Ferry operator DFDS, the Port of Dover, Port Boulogne Calais, and Dunkerque-Port have signed a memorandum of understanding (MoU) to collaborate on decarbonizing maritime traffic on the Dover Strait. Image credit Dover Port The agreement was reached at the recently held Anglo-French summit with the aim of accelerating efforts between
P&O Ferries’ newly commissioned Fusion Class vessel P&O Pioneer has docked at DP World Limassol port on its journey from Guangzhou, China to Dover, United Kingdom. Image credit GSI P&O Pioneer arrived on Wednesday for bunkering, as it makes its way toward Dover, where it is expected to become fully
Finnish technology group Wärtsilä and US WEC Energy Group have tested the capabilities of a Wärtsilä engine running on 25 vol% hydrogen-blended fuel, and throughout the testing period, the Wärtsilä engine continued to supply power to the grid. Archive / Illustration only / Courtesy of Wärtsilä According to Wärtsilä, it