Shipping

CII ratings for half of ships may be 'low grade'

Even though more than 10,000 ships are equipped with energy saving devices, half of the ships in the global fleet might fall short of dealing with environmental regulations in the short-run. The UK-based shipping and maritime analyti..

News > Shipping > 2024-12-20 09:30:16

'24 S&P vessel market clearly vigorous

It turns out that the secondhand vessels Sales & Purchase (S&P) market experienced a vigorous year. According to S&P market researcher Trevor Crowe from Clarksons Research, 1,961 secondhand vessels (111.5m dwt) were trans..

News > Shipping > 2024-12-19 09:54:40

DNV releases competence and practice guide for ammonia fuel

DNV has released a competence standard (ST) for methanol and a recommended practice (RP) for ammonia, to enable crew and shipowners to tackle the safety risks and challenges posed by the introduction of new alternative fuels and technol..

News > Shipping > 2024-12-19 09:13:01

Diana Shipping charters 'M/V Maera' to Chinese company

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with..

News > Shipping > 2024-12-18 09:22:15

NLNG intends to replace 23 LNGCs with modern vessels by 2035

Nigeria LNG (NLNG), Nigeria’s LNG producer, aims to replace all 23 LNG carriers with modern vessels in its fleet over the next 10 years as part of plans to achieve net zero by 2040. General manager for production Nnamdi Anowi, ..

News > Shipping > 2024-12-17 09:38:24

Knutsen's LNG-FSU charter deal secured

Last August, Knutsen OAS Shipping commissioned HD Hyundai Marine Solution to convert one of its LNG carriers to a Floating Storage Unit for Liquefied Natural Gas (LNG-FSU). In connection to this deal, Knutsen OAS Shipping signed a contr..

News > Shipping > 2024-12-17 09:29:08

Metis and Nereus to cooperate in bunkering segment

Metis, a leader in digital solutions for fleet performance management, and Nereus Digital Bunkers, a maritime software company specialising in marine fuels have entered into a strategic cooperation which aims to revolutionise bunkering ..

News > Shipping > 2024-12-17 09:21:12

'24 containership over-capacity expectation diverted

In its latest report, Braemar said that it had expected 2024 overcapacity to reach 12-13%, up by 3-4% from 9% in 2023, but the prolonged Red Sea Crisis diverted the anticipation. Researcher Jonathan Roach from Braemar stated, "D..

News > Shipping > 2024-12-16 09:34:21

'Mozambique LNG' about to resume

French energy major TotalEnergies is wrapping up the resumption plan for the 'Mozambique LNG' project in cooperation with Japanese trading and investment company Mitsui & Co. Though his interview with Reuters, Kenichi Hor..

News > Shipping > 2024-12-16 09:31:16

KRISO's UMS demonstration project takes a great leap

The Korea Research Institute of Ships & Ocean Engineering (KRISO) announced that it is taking a great leap in its endeavor to establish its very first Unmanned Maritime System (UMS) demonstration infrastructure at Saemangeum. Wit..

News > Shipping > 2024-12-12 09:29:15