Hapag-Lloyd concludes green financing of its 24 new container ships

Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU and involve a combined investment volume of around $4 billion.  The financing consists of four components. Around $900 million of the purchase price will be financed using the company’s

Philly Shipyard bags $1bn order for three LNG ships

Under a contract valued atb$1bn, Philly Shipyard will construct three 3,600-TEU, LNG dual-fuel container ships for Matson Navigation. Among the largest container ships ever built in the US, the first of the three 260-m Aloha-class vessels will be delivered in Q4 2026, with subsequent ships handed over in 2027. The Big Board-listed Jones Act shipowner

NCL to operate two new container ships for Elkem

Elkem has entered into an agreement with North Sea Container Line AS (NCL) who will charter in two new container ships enabling carbon neutral operations from MPC Container Ships to further improve Elkem’s North Sea logistics. The agreement will also enable NCL to become the first container vessel operator in Norway to put methanol-powered ships

Navios Maritime invests $241m for dual-fuel boxship newbuilds

Navios Maritime Partners has agreed to purchase two newbuild liquified natural gas (LNG) dual-fuel 7,700 teu containerships for $241.2m. The two boxships have been chartered-out for 12 years to an undisclosed liner at an average rate of $42,288 per day. The deal can be extended for an additional two years at $24,875 per day. The

Hyundai to design six LNG tanks for GT

GT It was selected in April 2022 by its partner, Korean shipyard Hyundai Heavy Industries, to design cryogenic tanks for six liquefied natural gas (LNG) container ships. These six new vessels, capable of carrying 7,900 containers each, will be equipped with a tank of liquefied natural gas, used as fuel, with a capacity of 6000

Container ships begin biofuel trials in Singapore

CMA CGM along with Maritime and Port Authority of Singapore (MPA) has started biofuel bunkering in Singapore as part of its global trial to scale-up the wider adoption of the clean energy. Its 10,640 teu vessel, APL Paris, was the first of the group’s vessels on trial to be bunkered with biofuel in the city-state.