By Joyce Lee (Reuters) Hyundai Heavy Industries’ shares closed 86% above their initial public offering (IPO) price on their trading debut in South Korea on Friday. The shipbuilder, one of the...

Tokyo-based Mitsui O.S.K. Lines has signed time charter agreements for four newbuild LNG carriers with a unit of Russian natural gas produce Novatek. The vessels will be constructed at Daewoo...

By Stephen Stapczynski and Akshat Rathi (Bloomberg) –Liquefied natural gas shipments tagged “carbon neutral” are gaining popularity among Asian buyers, despite criticism that the offsets used to justify the label don’t actually...

Seaspan today announced that ZIM Integrated Shipping Services (ZIM) has exercised its option to enter into long-term charters of five 7,000 TEU dual-fuel liquefied natural gas containership newbuilds. ZIM was...

MOSCOW, Sept 3 (Reuters) – Metals miner Nornickel said it will participate in the design and building of Russia’s first dual-fuel liquefied natural gas (LNG) and diesel icebreaker to prepare...

Montreal, Quebec, Canada, September 2, 2021—Fednav Limited, Canada’s largest dry bulk shipping group, has signed an agreement with Sumisho Marine Co., Ltd. (Sumitomo Corporation Group) and Oshima Shipbuilding to build...

Seattle, USA and Bergen, Norway – August 30, 2021 – Corvus Energy is pleased to announce that it has been selected by ABB Marine & Ports to supply the energy storage system for the all-electric tug eWolf by Crowley Maritime Corporation. The vessel will...

Norwegian shipbuilder Vard has signed contracts for the design and construction of two Construction Service Operations (CSV) vessels for Rem Offshore, also of Norway. The VARD 4 19 design, developed...

The U.S. Coast Guard has exercised a contract option with Lockport, Louisiana-based Bollinger Shipyards for the construction of four additional Sentinel-class Fast Response Cutters, bringing the total number of FRCs...

Eastern Shipbuilding Group (ESG) has completed construction of the first of three new Staten Island ferries for the New York City Department of Transportation. The MV SSG Michael H. Ollis...

ABB has been selected to provide the propulsion system for Crowley’s first electric tug currently under development. The tug, which Crowley calls eWolf in homage to its first tug, will...

MAN Energy Solutions says it has won an order to supply the engine for the shipping industry’s first methanol-fueled containership. The ship, a 2,100 TEU-capacity feeder, is under development for...

MANILA, July 27 (Reuters) – Philippine creditors are close to selling a strategically located but debt-laden shipyard north of the capital Manila, government officials said on Tuesday, with a North...

The Italian classification society RINA has signed an agreement with China’s Shanghai Waigaoqiao Shipbuilding (SWS) to class the largest cruise ship ever built in China. SeaTrade reports that the ship will be...

Chinese shipbuilder CIMC Raffles has received an engineering, procurement and construction (EPC) contract for up to six low emission LNG-powered car carriers for Wallenius Lines. Construction will take place at CIMC...

Nichols Brothers Boat Builders in Freeland, Washington has delivered the fourth and final 90-ton bollard pull ASD-90 tractor tug to Foss Maritime, a division of the Saltchuk company. NBBB has...

Belgian tanker company Euronav (NYSE: EURN) has announced a partnership to help accelerate the development of new dual fuel ammonia-powered tankers. The Joint Development Program involves Euronav along with other...

Seaspan does it again… The Hong Kong- based containership lessor company today announced long-term charters with Israeli liner ZIM Integrated Shipping Services (NYSE: ZIM) for ten “ultra-modern” LNG-powered newbuild containerships...

Swiss-based methanol producer Proman has announce plans to build two additional methanol-powered tankers, bringing its total number on order to six. The 49,900 DWT dual-fuel MR tankers will be constructed...

Big ships mean big engines. And for Swiss-based marine engine maker WinGD, business is booming. The company announced this week that it has seen more than 80 orders so far...