CMES to install air lubrication technology

China Merchants Energy Shipping (CMES), the Shanghai-listed energy transport unit of China Merchants Group, has signed up to install air lubrication technology on up to six LNG carriers being built at Dalian Shipbuilding Industry Company (DSIC). A deal with the London-based cleantech company Silverstream Technologies for four firm installations and two options will see the

MOL to supply LNG to Japex and Hokkaido

MITSUI O.S.K. Lines Ltd. (MOL) signed an agreement with Japan Petroleum Exploration Co. Ltd. (Japex) and Hokkaido Gas Co. Ltd. (Hokkaido Gas) for the supply of liquified natural gas (LNG) fuel to two of its newly built LNG-fueled ferries. The ferries are operated by the MOL Group company, MOL Ferry. Each is berthed at the

ABS, HD Hyundai to work together on autonomous navigation

ABS and HD Hyundai, formerly known as Hyundai Heavy Industries, have penned a comprehensive memorandum of understanding to continue working together on autonomous navigation technologies for shipping. The scope of the deal builds on the previous strategic framework agreement that the companies signed in 2022 under which ABS worked with HD Hyundai subsidiaries, Avikus and

Oceania and PCF to work together for LNG bunkering  

Pilbara Clean Fuels (PCF) and Oceania Marine Energy have agreed to work together to develop an ‘end-to-end’ low-carbon profile eLNG production and ship bunkering capability concept for the port of Port Hedland, the world’s top iron ore export facility. PCF is pursuing the development of an electrified liquefied natural gas (eLNG) plant in Port Hedland,

Sovcomflot takes delivery of LNG-fuelled Aframax oil tanker

Sovcomflot Group said it has taken delivery of its new generation LNG-fuelled 112,600 dwt Okeansky Prospect Aframax oil tanker. The vessel construction at the Zvezda shipbuilding complex in the Russian Far East was financed by VEB.RF. The Okeansky Prospect is the lead ship in a series of two Aframax tankers ordered by SCF from Zvezda.

Dynagas LNG Partners enter into charter deal

Dynagas LNG Partners has struck a new time charter deal with Equinor for the ice-class LNG carrier Arctic Aurora. The Tony Lauritzen-led owner of six LNG ships said the charter would last for about three years, adding about $116.5m to the revenue backlog. The deal will see the 2013-built ship delivered to the Norwegian energy

HHI verifies performance of LNG/hydrogen engine

Hyundai Heavy Industries successfully verified the performance of a recently developed 1.5MW-class LNG/hydrogen engine, which can selectively use diesel and a mixture of LNG and hydrogen to reduce emissions. Hyundai Heavy says the engine is a first step toward hydrogen-fueled engines. In performance tests, the engine met IMO Tier 3 standards and has low carbon

Germany provides funding for construction of LNG bunkering ships

The German government will provide around 62 million euros ($65.8 million) for three LNG bunkering vessels which will be built by shipbuilder Flensburger Schiffbau-Gesellschaft (FSG). According to a statement by Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK), minister Robert Habeck handed over the grant during a ceremony at FSG to a group

MOL signs charter contract with GAIL for LNG carrier

Japan’s Mitsui OSK Lines (MOL) and state-run GAIL (India) Ltd have signed a time charter contract for a newbuild liquefied natural gas (LNG) carrier, and for joint ownership of an existing LNG carrier. The newbuild vessel will be built by South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (042660.KS) with a charter period from 2023,

Svanehøj bags cargo pump order

Marine pump specialist Svanehøj marks the end of a remarkable 2022 with a significant order of 98 electric cargo pumps for seven LNG-/LBG-fueled chemical & product tankers. The client is the joint venture-company FureBear.  Swedish Furetank AB and Canadian Algoma Central Corporation have entered into a joint venture agreement to construct eight LNG/LBG-fueled ice class