Peninsula tied to a pair of LNG bunker newbuilds

Fuel supplier Peninsula has been linked to a pair of LNG bunker vessel newbuilds in South Korea. Shipbuilding sources suggest the Gibraltar-based tanker and bunker group is behind an order for 18,000 cu m ships announced on Thursday at HD Hyundai Mipo. The newbuilds, priced at about $93m each, should deliver by November 2027. Peninsula

MISC lines orders LNG carrier newbuilds

Malaysia’s top shipping line, MISC, has set out to order more LNG ships, with newbuilding slots reportedly reserved in South Korea. South Korean shipbuilding sources have linked Samsung Heavy Industries and MISC to a letter of intent for two 174,000 cu m units and a potential deal estimated at $511m. Further details have not been

Safe Bulkers continues fleet renewal with eco-friendly Kamsarmax

Greece-based shipping company Safe Bulkers has entered into an agreement with an undisclosed company to acquire a Japanese Kamsarmax vessel newbuilding. As informed, the newbuild vessel is designed to meet the Phase 3 requirements of Energy Efficiency Design Index related to the reduction of greenhouse gas emissions (IMO GHG -EEDI Phase 3) as adopted by

Nakilat selects QatarEnergy for LNG newbuilds

Qatari gas shipping giant Nakilat has been selected by QatarEnergy to own and operate up to 25 vessels as part of the Middle Eastern country’s second phase of a massive LNG shipbuilding program. The Doha-based outfit will take ownership of 174,000 cu m units set for construction in South Korea and charter them to affiliates

DNV to class Purus’ first VLEC newbuilds

DNV has been selected to class ship owner Purus’ newbuilding order of two Very Large Ethane Carriers (VLEC). The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled for delivery in 2026-2027. With a cargo carrying capacity of 98,000cbm, the two VLECs will be fitted with GTT’s Mark III

MOL strengthens fleet with 5 LNG-fueled newbuilds

Japanese shipping major Mitsui O.S.K. Lines (MOL) is expanding its fleet with five additional newbuilding LNG dual-fueled Capesize bulkers. Namely, MOL revealed that two vessels will be ordered at compatriot Nihon Shipyard and built by Imabari Shipbuilding Co. Furthermore, Chinese shipbuilding heavyweight CSSC Qingdao Beihai Shipbuilding Co will build the additional three. The vessels are

Fossil fuel newbuild phase-out stirs debate

The joint declaration issued at the start of the COP28 conference in Dubai from the CEOs of MSC, Maersk, CMA CGM, Hapag-Lloyd and Wallenius Wilhelmsen calling for a set date for the phase out of traditional powered newbuilds earned many headlines around the world. The Splash Extra editorial team have investigated the proposal and sought

Himalaya Shipping inks charter deals for LNG newbuilds

Bermuda-based bulk carrier company Himalaya Shipping has signed time charter agreements for two of its LNG dual-fuel vessels currently under construction at New Times Shipyard in China. According to the company, the vessels will commence a two-year time charter with “an evergreen structure” upon delivery from the shipyard in the first half of 2024. The

Wallenius Wilhelmsen orders dozen methanol-fuelled newbuilds

Norwegian car carrier operator Wallenius Wilhelmsen has lined up up to 12 9,350 ceu vessels for construction in China which will be capable of running on methanol and ammonia-ready. The Oslo-listed company has signed a letter of intent with Jinling Shipyard Jiangsu for delivery of four firm ships from mid-2026, with options for an additional

COSCO and PetroChina order two more LNG newbuilds

COSCO Shipping and PetroChina are returning to CSSC-affiliated Hudong-Zhonghua Shipbuilding for two additional 174,000 cu m liquefied natural gas (LNG) carrier newbuilds..