MOL adds more LNG-powered ships

Japan’s Mitsui OSK Lines (MOL) is growing its LNG-fuelled fleet, announcing today orders for gas-powered newcastlemaxes to be built at CSSC Qingdao Beihai Shipbuilding and two VLCCs to be constructed by Dalian COSCO KHI Ship Engineering. This marks the first time a Japanese company has ordered LNG-fuelled VLCCs. The MOL news is also the first

Tankers developed with carbon capture systems

Dalian Shipbuilding Industry Co (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC) and Cosco Shipping Energy Transportation (CSET), the tanker operation unit of Cosco Shipping Group, have developed two types of tankers equipped with carbon capture and storage systems. The vessels’ conceptual design involved a very large crude carrier (VLCC) and a suezmax, which

United Heavy Lift signs for pair of eco-lifter ships

Hamburg-headquartered United Heavy Lift (UHL) has placed an order for two additional F900-type multipurpose heavylift vessels. The eco-lifter newbuildings will deliver at the CSSC shipyard in Hudong, China in 2023 and 2024. Between 2019 and 2022, UHL took delivery of seventeen F900 eco-lifter vessels. The vessels feature high-and-low-pressure SCR catalysts to meet IMO Tier III

CNOOC awards 12 LNG carriers construction contract

China National Offshore Oil Company (CNOOC) has awarded 16 billion yuan ($2.42 billion) worth of contracts to build 12 liquefied natural gas tankers. China is the world’s largest buyer of the super-chilled gas, while CNOOC is the country’s largest importer of the fuel and among the state majors leading a drive to expand their LNG

MOL books two more LNG newbuilds at DSME

Japan’s Mitsui OSK Lines (MOL) has signed up for two newbuild 174,000 cu m liquefied natural gas (LNG) carriers at South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). The dual-fuel ships come with a price tag of around $213m each and are set for delivery in the second and third quarter of 2026. Multiple shipbrokers