Yesterday, container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading to Hapag’s withdrawal from THE Alliance. The move marks a strategic shift that promises to reshape the dynamics of the global shipping landscape. Berling Express; Image credit: Hapag-Lloyd
Swiss methanol producer and tanker owner Proman and Saudi Arabia’s national shipping carrier Bahri have announced a five-year agreement for Bahri Chemicals, a Bahri arm, to time-charter two methanol-powered ships, Stena Provident and Stena Progressive, to transport various products globally. Proman The vessels were officially named during a ceremony hosted at Guangzhou
The third plug-in hybrid vessel ordered by AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has been launched in India. AtoB@C Shipping The launching ceremony for the 5,350 dwt Ecomar took place at Chowgule Shipyard on January 18, 2024. The outfitting, including the final painting, will continue at the
Spanish EPC contractor Técnicas Reunidas has completed the engineering design for the hydrogen and blue ammonia plant co-developed by Canada’s Pembina Pipeline Corporation and Japan’s Marubeni Corporation in Alberta, Canada. Técnicas Reunidas Under the contract awarded last year, Técnicas Reunidas carried out the preliminary design of an industrial-scale facility dedicated
Dong Kwan Kim, Vice Chairman of South Korean business conglomerate Hanwha Group, has unveiled a new vision for the decarbonization of shipping and introduced Hanwha’s plans to build a zero-emission gas carrier at the 2024 World Economic Forum (WEF) meeting in Davos, Switzerland. Hanwha Group Powered entirely by alternative fuels,
Shanghai COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, has held a delivery ceremony for the floating storage and regasification unit (FSRU) Etyfa Prometheas, which will serve the first Cyprus LNG import terminal in Vasilikos. Courtesy of COSCO Shipping Heavy Industry According to COSCO, the project is
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuilding, for the construction of three methanol-ready
Neste and the partners have concluded a three-year e-fuel research project demonstrating high-temperature electrolysis (SOEC), carbon capture, and hydrocarbon synthesis technologies and covering all parties in the value chain from carbon capture to green hydrogen and fuel production, logistics, and users of the transportation fuels in aviation, road, and marine
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. Image credit: Maersk “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally, we will benefit
Earlier today SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Image credit: Saic Motor Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji Logistics, a subsidiary of SAIC Group. Saic Motor