COSCO Shipping Energy Transportation orders six tankers

COSCO Shipping Energy Transportation declared that it would build six new tankers with an investment of RMB3.4 billion ($470 million). The new construction project consists of two 74,000 dwt methanol-fuel-ready tankers at COSCO Shipping Heavy Industry (Dalian) that will be delivered in 2027; two aframax 114,200 dwt methanol dual-fuel tankers and two 109,900 dwt LR2

Trafigura Group takes full ownership of High Heat Tankers

The Trafigura Group has completed the acquisition of Gearbulk Holding AG’s 50 percent share in joint venture company High Heat Tankers Pte Ltd for an undisclosed sum. In addition, the Group has committed to a newbuild 17,500 dwt IMO II specialised high heat tanker to be delivered in the third quarter of 2026 from Chengxi

WinGD bags order for world’s first ammonia dual-fuel tankers

WinGD has secured an order from AET for the world’s first ammonia dual-fuel Aframax tankers, featuring six-cylinder X62DF-A engines. The two vessels, the world’s first ammonia dual-fuel Aframax tankers, ordered by AET, will be built at Dalian Shipbuilding Industry Co., Ltd (DSIC) with six-cylinder X62DF‑A engines, the newest addition to WinGD’s clean-fuel engine portfolio. WinGD

World’s greenest long-range tankers with WindWings

Union Maritime Ltd, a well-known tanker owner and operator in the United Kingdom, recently ordered two new LR2 tankers to be equipped with WindWings®, a cutting-edge wind propulsion technology created by BAR Technologies, a British design and engineering firm. The ships, which are presently being built at the renowned Shanghai Waigaoqiao Shipbuilding (SWS) shipyard in

Proman Stena welcomes final pair of methanol tankers 

These 49,000-dwt tankers are the final two vessels in Proman Stena’s initial six-strong methanol-fuelled tanker fleet. The joint venture between Stena Bulk and methanol producer Proman was initially meant for three long-term time-chartered vessels but has been extended to cover three additional Proman-owned vessels. GSI built Proman Stena Bulk’s fleet over the last three years

JP Morgan adds more methanol dual-fuel tankers

JP Morgan has added to its methanol-powered product carrier orderbook in China with two more ships at Guangzhou Shipyard International (GSI), according to broking reports. Greek shipbroker Intermodal has placed the US banking giant behind the order for two 50,000 dwt units costing $50m each. The deal brings the total number of methanol dual-fuel MR

EPS orders more LNG dual-fuel tankers

Idan Ofer’s diversified owner has booked up to four LNG dual-fuel aframax/LR2 product carriers. The two firm 115,000 dwt units each costing around $70m will deliver in March and December of 2026.

Gibson predicts shortage of CO2 tankers

Shipyards ought to expect imminent signings of many carbon dioxide (CO2) tankers to match all the planned CO2 storage projects pencilled in around the world. Brokers Gibson has warned that if many of the CO2 projects currently undergoing feasibility studies get approved, there could be a shortage of shipping capacity. Currently, just two CO2 carriers

Most of the ships are still not EEXI compliant

Over 75% of all tankers, bulkers and containerships will not be Energy Efficiency Existing Index (EEXI) compliant set by the International Maritime Organization (IMO). According to a new report from VesselsValue, the date set by IMO for EEXI compliance has only 163 days left to come into play. The study says that shipowner’s do not

APC agrees to recoat Chemfleet tankers

Advanced Polymer Coatings (APC) has agreed with Turkish ship management firm Chemfleet   to recoat ten tankers. The new contract followed a third special survey of the chemical tanker fleet, which takes place after APC’s MarineLINE tank coating system had been in place for 15 years. The tank coating needs to be recoated to maintain its