MOL Orders LNG-Fueled VLCC Under Long-Term Charter with Idemitsu Tanker

Tokyo, May 26, 2025 — Mitsui O.S.K. Lines, Ltd. (MOL) has confirmed an order for a new LNG-fueled Very Large Crude Carrier (VLCC), which will operate under a long-term time charter agreement with Idemitsu Tanker Co., Ltd. The vessel, expected to be delivered in 2027, will be the first LNG dual-fuel VLCC chartered to a

WinGD and CMA CGM to trial dual-fuel engine

Swiss marine power company WinGD has teamed up with global shipping line CMA CGM to test its Variable Compression Ratio (VCR) technology for dual-fuel engines onboard one of CMA CGM’s vessels. The collaboration marks the first field test for the new dual-fuel engine technology and follows successful factory tests showing significant efficiency improvements with both

ClassNK, Lovoy agreed to explore enhanced safety at sea

ClassNK and Lovoy have signed a Memorandum of Understanding (MOU) to cooperate with development and implementation of more user-friendly Safety Management Systems (SMS)

Japanese moving forward in ammonia ship race

Japan is pressing ahead with its own ammonia carrier plans. Nippon Yusen Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard has received approval in principle (AiP) from ClassNK for an ammonia-fueled ammonia gas carrier. At present, there are no international regulations for the use of ammonia as marine fuel. Therefore, the consortium

DSME delivers second shuttle tanker to Knutsen NYK

A dual-fuel LNG shuttle tanker1 ordered by Knutsen NYK Offshore Tankers AS,2 which is an affiliate of NYK, was delivered at Daewoo Shipbuilding & Marine Engineering Co. Ltd. The vessel has been named “Sindre Knutsen.” Like its sister ship “Frida Knutsen,” which was delivered on 2 August, this vessel will be a dual-fuel shuttle tanker