The Zvezda Shipbuilding Complex in the Russian Far East has cut the first steel for a new Arc7 ice-class LNG tanker for the Arctic LNG 2 project.
The new Arc7 ice-class tanker was ordered by Smart LNG, a joint venture...
The Cyprus Shipping Deputy Ministry (SDM) is launching a range of green incentives to reward vessels that demonstrate effective emission reductions.
From the fiscal year 2021, annual tonnage tax will be reduced by up...
China-based Guangzhou Shipyard International (GSI) has held a steel cutting ceremony for the IMOIIMeMAX methanol-fuelled Stena Pro Patria, which is due for delivery in early 2022.
The 49,900 dwt Stena Pro Patria will be...
Classification society Bureau Veritas has completed the proof of concept project for underwater remote surveys using the Seasam technology ecosystem from Notilo Plus on a Corsica Linea ship Mediterranée.
Efficient...
Germany’s engine manufacturer MAN Energy Solutions has decided to acquire almost 99% of the shares in H-Tec Systems, a compatriot electrolysis technology company.
Subject to approval by the competition authorities, MAN...
DP World Antwerp Gateway has ordered a fleet of 34 Automated Stacking Cranes (Konecranes Gottwald ARMGs) for its container terminal in Antwerp, Belgium.
The cranes will be an expansion to the current fleet of 20 ARMGs...
M.A.R.S. Europe has been awarded a contract by Teekay Petrojarl Floating Production for dismantling and recycling of the Petrojarl Banff FPSO, after 21 years of service in the North Sea.
The contract includes...
Swiss shipping major Mediterranean Shipping Company (MSC) has decided to cover the costs associated with the fire on board the containership Maersk Elba so that the vessel operator will not declare General Average.
At...
Greek shipowner Avin International LTD has ordered a Suezmax tanker from the Chinese shipbuilder New Times Shipbuilding Co., and the tanker is set to become the first ammonia-fuel ready vessel in the world.
The landmark...
Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the...