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Sallaum Lines, Fujian Mawei Shipbuilding commence Ocean Class vessels construction

Sallaum Lines hosted the steel-cutting ceremony at the Fujian Mawei Shipbuilding Co Ltd Shipyard in Fuzhou, China. The ceremony commemorated the initiation of construction for the Ocean Class series, comprising a fleet of state-of-the-art vessels poised to redefine cargo transportation standards, according to the company’s release. The Ocean Class series represents Sallaum Lines’ new fleet

Wisdom Lines to invest $80 million for bulk carriers

Taiwanese shipping company Wisdom Lines is starting 2024 with a $80 million investment in two 84,000 dwt bulk carriers. The company revealed that its Board of Directors approved the purchase of the vessels, which are set to be constructed by Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chinese base of Japan’s Tsunesihi Shipbuilding. Wisdom

First methanol-fueled ultramax bulk carrier gets ABS approval in China

Lemissoler Navigation Ltd. and Shanghai Merchant Ship Design and Research Institute (SDARI) received ABS approval in principle (AIP) for its design of a 65K DWT methanol-fueled ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry. “ABS understands and is deeply involved in supporting clients with decarbonization solutions. Getting to net zero by

CMES, CMI finalize shipbuilding contracts worth $160 mn

On 27 December, China Merchants Energy Shipping Co., Ltd. (CMES) issued a statement regarding a connected transaction involving the ordering of ships from related parties. According to the statement, CMES, through its wholly owned subsidiary, has entered into four Ship Ordering Agreements with China Merchants Industry (CMI), a related entity. These agreements pertain to the

Maersk adds methanol fleet with additional orders

Maersk set the ball rolling on methanol-fuelled newbuilds in 2021 with a series of 16,000 teu units plus one feeder in South Korea as part of its goal to achieve net zero in 2040. It has 25 methanol-enabled vessels on order

DSME partners with POSCO on new shipbuilding

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said it has signed a business partnership agreement with top local steelmaker POSCO on the development of new shipbuilding materials. The deal calls for joint efforts to develop new shipbuilding materials and welding technologies that will be applied to vessels to be built in the future, DSME said

MOL signs another contract to charter LNG newbuild

Japanese shipping giant Mitsui OSK Lines (MOL) has inked a new multi-year contract to charter an LNG carrier newbuild to an unnamed energy major. The 174,000 cu m vessel, booked for construction at Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea is expected to deliver in 2026. The ship will feature the latest ME-GA

Yangzijiang yard bags first LNG order

Chinese shipbuilder Yangzijiang Shipbuilding has marked its entry into the LNG sector, landing a contract from an undisclosed European customer for two 175,000 cu m ships. The Singapore-listed company said the units will be equipped with GTT Mark III Flex membrane tanks and delivered between 2025 and 2026. No price has been revealed, but market

HJSC bags order to build two dual-fuel LNG container ships

HJ Shipbuilding & Construction (HJSC) bags a $240 billion contract with a European ship owner to build two 7,700 TEU dual-fuel LNG container vessels. The deal also includes an option for the construction of two more ships.    With this successful bid of two 7,700TEU container ships, the global shipbuilding company now has 8 container

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Future Fuels is a digital news platform committed to advancing sustainability in the maritime industry. We cover the technologies, fuels, and innovations driving the transformation of global shipping—from battery-electric vessels and alternative fuels to clean propulsion systems, smart energy solutions, and evolving regulations.Driven by a clear vision for a zero-emissions future, we provide in-depth news, analysis, and expert insights on the sustainable technologies transforming the maritime industry.

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  • Home
  • Fuels
    • Ammonia
    • Hydrogen
    • LNG
    • Methanol
    • Biofuels
    • VLSFO
    • Heavy oils
    • Bunkering
  • Marine
  • EV
    • Battery Tech
    • Charging & Infra
    • Ferries & Cruises
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    • Our Events
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  • About Us
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