MSC orders 10 LNG ships

Container shipping major MSC has ordered ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Changhong International Shipyard is believed to have won the construction contract. The vessels are slated for delivery in 2025 and 2026. MSC

BIMCO says it will take advice onboard

Following widespread criticism from a host of shipping heavyweights over its Carbon Intensity Indicator operations clause for time charter parties, international shipping organisation BIMCO has said it will take the advice onboard. The BIMCO CII clause has been developed to help address the commercial complexities of the CII regulation entering into force on January 1.

Shipping companies criticize CII operations clause

Heavyweight shipowners and charterers, including Mediterranean Shipping Company (MSC), A.P. Moller – Maersk, Oldendorff Carriers, Trafigura and Vitol, have strongly criticised BIMCO’s Carbon Intensity Indicator (CII) operations clause, which makes charterers contractually responsible for the CII performance of their hired ships. New regulations on the carbon intensity of international shipping will come into force on

MSC warns of higher shipping costs in Europe

Mediterranean Shipping Company (MSC) has warned clients of higher costs with the inclusion of shipping in the EU’s carbon trading market. The EU emissions trading system (ETS), part of the “Fit for 55 package” to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, requires companies to surrender allowances that

MSC receives world’s biggest LNG cruise vessel

MSC Group’s Cruise Unit and Chantiers de l’Atlantique celebrated the successful delivery of the MSC World Europa, the world’s biggest liquefied natural gas (LNG)-operated cruise vessel and one of the first ever to operate on fuel-cell technology. MSC welcomed MSC World Europa as their 20th vessel, and the first one was LNG-powered. The path-breaking vessel

MSC to collaborate with Quadrise for trials on glycerine-based biofuel

Cyprus-based MSC Shipmanagement has signed a framework agreement with London-listed alternative-fuels company Quadrise Fuels International to trial its emulsion fuel and glycerine-based marine biofuel. As per agreement MSC Shipmanagement will carry out proof-of-concept tests and operational trials using Quadrise’s bioMSAR and MSAR fuels on one or more container vessels, with the final aim of commercialising

MSC’s LNG-powered cruise ship completes sea trials

The MSC World Europa completed sea trials in the Atlantic as she prepares to enter service in November 2022. The LNG-powered cruise ship is also set to become the largest LNG cruise ship, and one of the world’s largest cruise ships. Measuring 1,092 feet in length, the new cruise ship will be approximately 205,700 gross

MSC to encourage use of biofuel in its fleet

Mediterranean Shipping Company S.A (MSC) has announced that it is a adopting ‘MSC Biofuel Solution’ for ocean operations at selected ports. The company offers customers the opportunity to join forces with MSC to decarbonise their supply chains and achieve their climate targets. The company sources have revealed that they procure bunkers and low-carbon certified sustainable

Silk Alliance created for green corridors in intra-Asia trade

The intra-Asia trades, container shipping’s pipelines, are set to get the green corridor treatment. ‘Silk Alliance’, named after the famous Silk Road, brings together shipowners including Mediterranean Shipping Co (MSC), Pacific International Lines (PIL), Wan Hai Lines, X-Press Feeders, Yang Ming Marine Transport Corp; shipyard, Keppel Offshore & Marine; bunker logistical supplier, Singfar International; engine

MSC to use LNG-filled green vessel from October 2022

MSC Cruises’s fleet will include LNG-fuelled newbuild MSC World Europa cuisse vessel. The vessel will be greenest and most efficient in MSC’s fleet that will enter into operation when it is delivered in October 2022. The company has informed about the ship’s environmental credentials recently. The vessel will also be the largest LNG-powered cruise ship