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Knutsen takes delivery of third LNG carrier for charter with ORLEN

Norwegian shipowner Knutsen Group has taken delivery of a newbuild LNG carrier that will go on a charter with Poland’s PGNiG Supply & Trading, a part of ORLEN Group. The vessel named Saint Barbara is the third in a series of six vessels that will be chartered to the Polish company, following Lech Kaczyński and Grażyna Gęsicka. Like its sister vessels, Saint Barbara has a ...

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BIMCO: Containerships hit their highest average age to date

Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels have an average age of 11.9 years, while tankers, on average, are 12.8 years old, BIMCO said in the latest market report. “The average age of the container ...

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GTT, Deltamarin win LR’s AiP for LNG dual-fuel VLCC design

French containment specialist GTT and Finnish firm Deltamarin have obtained approval in principle (AiP) for the design of a liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC) from classification society Lloyd’s Register (LR). As informed, the vessel will incorporate a 12,500 cbm LNG tank equipped with GTT’s Mark III Flex technology. Deltamarin and GTT explored various configurations and solutions to integrate ...

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APMT, DP World: Port electrification is the fastest lane to impact. Hydrogen solutions an outlier, not the norm.

In the maritime sector, the quest for cleaner, more efficient practices has given rise to the electrification of ports and container handling equipment. Why, you might ask? The answer is clear, for electrification offers a trifecta of advantages that places it at the forefront of a green revolution: scalability, environmental responsibility, and substantial cost savings. “The OPEC savings of changing ...

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DNV clears Hanwha Ocean’s new 270K LNG carrier design

Classification society DNV presented Hanwha Ocean, the South Korean shipbuilder formerly known as DSME, with an Approval in Principle (AiP) for a 270,000cbm LNG carrier. The new 345m long LNG carrier by Hanwha Ocean was heralded as a “ground-breaking achievement” by Vidar Dolonen, Regional Manager, Korea & Japan, DNV, when he presented the AiP to Jong Seo Kim, COO of Hanwha Ocean, ...

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GS Caltex, POSCO, and H-Line Shipping join forces on biofuel trial

South Korea’s shipping major H-Line Shipping and steel giant POSCO have joined hands with compatriot refiner GS Caltex to champion carbon reduction in the maritime realm by using marine biofuel. The three companies inked a Memorandum of Understanding (MoU) on October 5, 2023 in Seoul, signaling the commencement of a joint initiative in the biofuel space as part of their ...

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CMA CGM to launch startup accelerator in UK

French shipping major CMA CGM Group plans to launch ZEBOX UK, a global startup accelerator, in Manchester this month. The Manchester-based startup accelerator is ZEBOX’s sixth innovation hub in the world, focusing on operational efficiency, decarbonization, future of work and artificial intelligence in supply chain, logistics, transport, energy and beyond. With five universities, attractive financial incentives for entrepreneurs and a ...

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COSCO’s boxship first to plug into shore power at HHLA CTT

The shore power system at HHLA Container Terminal Tollerort (CTT) in Hamburg, Germany was officially inaugurated with the successful supply of shore power to COSCO Shipping Taurus during a ship integration test this week, marking a significant milestone in its practical application. COSCO Shipping said that the 20,000 TEU-class boxship COSCO Shipping Taurus, like the majority of its recently built vessels, ...

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Port of Rotterdam backs ZEMBA with incentive for sustainable shipping fuels

The Port of Rotterdam has announced a port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the Zero Emissions Maritime Buyers Alliance (ZEMBA). The Port of Rotterdam highlighted ZEMBA’s recent launch of a request for proposals for the transport of 600,000 twenty-foot containers (TEU) on ocean-going container vessels powered by zero-emissions fuels, noting that as a support, the Port ...

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Seaspan and AES to collaborate on LNG bunkering services in Panama Canal

Canada-based Seaspan and global energy company AES have signed a memorandum of understanding (MoU) to collaborate on LNG bunkering business development. The companies signed the MoU in the framework of the 3rd International LNG Global Forum in Cartagena, Colombia, which took place from October 2 to October 4, 2023. As disclosed, their collaboration will be mainly aimed at providing LNG ...

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