Shipbuilding Co Ltd News

Increasingly, maritime finance is tied to the environmental impact of the asset or project.Under Zero-Emission Accelerating Ship Finance (the Program), which is jointly operated by the Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the LNG-fueled car carrier OCEANUS HIGHWAY (IMO No. 1046049), owned by Kawasaki Kisen Kaisha, Ltd. ("K" LINE). DBJ provided financing to "K" LINE.ClassNK evaluates ships based on a comprehensive scoring model jointly developed with DBJ from the perspective of ‘decarbonization…

Fratelli Cosulich Group placed an order for another 7,999 dwt IMO2 chemical bunkering tanker at Taizhou Maple Leaf Shipbuilding Co., Ltd., which when delivered in Q4 '26 will bring the company's total number of methanol-ready barges to four.This newbuild vessel is designed to carry fuel oil, biofuels up to B100 and methanol. The delivery of this methanol-ready vessel is scheduled for Q4 2026.

Technology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonize operations continues to drive concrete steps forward.The latest order is to supply a complete propulsion package for a 38,000 DWT methanol-ready cement carrier vessel. When built, this will be the world’s largest vessel of its type, and the first with a methanol-ready notation. The order has been placed by NovaAlgoma, a joint venture between the Italian Swiss-based, Nova Marine Group and the Canadian Algoma Central Corporation.

Nippon Yusen Kabushiki Kaisha (NYK) and NYK’s affiliate Knutsen NYK Carbon Carriers AS (KNCC) are conducting a joint constructability study of a 40,000 cbm terminal-to-terminal liquefied CO2 (LCO2) vessel based on KNCC’s proprietary technology of LCO2-Elevated Pressure (LCO2-EP) Cargo Tanks together with Nihon Shipyard Co., Ltd. (NSY), which is a joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation.CCS (Carbon dioxide Capture and Storage) is a technology to capture CO2 at the source — such as power plants…

Sallaum Lines has ordered six additional Pure Car and Truck Carrier (PCTC) vessels from China, two with Fujian Mawei Shipbuilding Co Ltd. (2 x 7,500 RT SDARI design) and four with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. (4 x 7,400 RT Deltamarin design). Each vessel has a capacity ranging from 7,400 to 7,500 Car Equivalent Unit (CEU) Pure Car and Truck Carrier (PCTC) design. By incorporating dual-fuel LNG technology, the newbuilds deliver a reduction in carbon dioxide emissions by at least 25%In addition…

Locally supported, high-quality navigation systems for demanding vessels.In accordance with the regulations of the Chinese Classification Society, Anschütz is supplying a comprehensive Integrated Bridge System (IBS) for two newly built heavy-lift crane vessels at Jingjiang Nanyang Shipbuilding Co. Ltd in China.The IBS is equipped with five Synapsis NX multifunctional workstations for Electronic Chart Display and Information Systems (ECDIS), (chart) radar and conning applications, as well as a NautoPilot 5000 NX autopilot, X- and S-band radars and a Standard 22 NX triple-gyro compass system.

A subsidiary of Klaveness Combination Carriers ASA (KCC) has finalized an agreement with Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. to incorporate its first-ever Wind Assisted Propulsion System (WAPS), featuring two bound4blue eSAIL suction sails, on the third CABU III newbuilding.Slated for delivery in Q3 2026, the newbuild will be among the first tanker/dry bulk ships to utilize bound4blue’s WAPS technology, and the two eSAIL units will be the tallest suction sails installed to date…

New Times Shipbuilding Co. Ltd. of Jiangsu province, China, has ordered 12 × 8G95ME-GI (Gas Injection) Mk10.5 main engines in connection with the construction of 12 × 18,000 teu container vessels for Singapore’s Eastern Pacific Shipping (EPS).MAN Energy Solutions says the Diesel principle provides the ME-GI engine with high operational stability and efficiency, while also ensuring reliable operation during load changes on gas with just normal additions of pilot-oil amounts. Furthermore, the ME-GI operational principles feature a seamless change-over between gas and diesel operation.Thomas S.

d’Amico International Shipping S.A. (Borsa Italiana: DIS) said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) exercised its purchase option on the MT Crimson Pearl, a 50,000 dwt medium-range product tanker vessel built in August 2017 by Minaminippon Shipbuilding Co., Ltd., Japan, for a consideration of approximately $31 million with delivery expected between September and October 2024.As of today, DIS’ fleet comprises 33 double-hulled product tankers (MR, Handysize and LR1, of which 25 owned, 5 chartered-in and 3 bareboat chartered-in) with an average age of about 8.8 years for its owned and bareboat chartered-in vessels.“Following the acquisition of MT Crimson Jade at the end of June…

SV Juren Ae (IMO no. 1021245) was delivered to the Marshall Islands Shipping Corporation (MISC) July 31, 2024, a 'low carbon' vessel funded by the International Climate Initiative (IKI), built at Asia Shipbuilding in Geoje City, Korea and classed by KR.SV Juren Ae is a 48-m, 300 dwt supply vessel, the result of a collaborative effort led by the German Society for International Cooperation (GIZ) through its project 'Transition to Low-Carbon Sea Transport in the Republic of the Marshall Islands' for the German Ministry for the Environment…

Fratelli Cosulich Group placed an order for two 7,999 dwt IMO2 chemical bunkering tankers at Taizhou Maple Leaf Shipbuilding Co., Ltd., with options to build two more units.The delivery of the first of these methanol-ready vessels will be in the first half of 2026.The newbuild vessels are designed to carry a range of cargoes, including fuel oil, biofuels, and methanol in their cargo tanks, enhancing their utility and market potential.The company's twin small-scale LNG bunker vessels, Alice Cosulich and Paolina Cosulich, are now fully operational, meeting the growing demand from LNG-fueled vessels. In addition, the company is diversifying our fleet because it believes in a multi-fuel future.

Nippon Yusen Kabushiki Kaisha (NYK) and its group company MTI Co., Ltd. (MTI), in collaboration with Smert Design Co. Ltd., launched a trial to use 3D models in the initial design phase of ship construction. Ultimately, the aim of the project is to help optimize and shorten the ship design and construction process.As part of the joint research project "Ship Design Streamlining Project by Front Loading," the three companies will implement the "Basic Design Platform" (BDP) into the ship design software CADMATIC and use it to design an LPG tanker for Kyoei Tanker Co., Ltd.

Bureau Veritas announced it has granted an approval in principle (AIP) to Sasaki Shipbuilding Co., Ltd for its methanol dual fuel (DF) system applied in a 9,000 DWT general cargo ship.The integration of the methanol DF system into a 9,000 DWT ship demonstrates its feasibility for smaller-scale ships, highlighting its adaptability and efficiency as a marine fuel.For the purpose of the AIP, Bureau Veritas conducted a comprehensive review of Sasaki's methanol dual-fuel system, assessing its compliance with the requirements outlined in BV’s Rule Note NR 670 - Methanol & Ethanol Fueled Ships.

Anglo American has taken delivery of its 10th and final dual-fueled bulk carrier powered by liquefied natural gas (LNG), the company said on Wednesday.The capesize-plus LNG dual-fueled bulk carriers have been built and delivered over the last three years from Shanghai Waigaoqiao Shipbuilding Co.

Diana Shipping on Tuesday announced it has reached a deal to sell its oldest vessel, an 18-year-old panamax bulk carrier.The Greek shipowner said it has reached a memorandum of agreement through one of its subsidiaries to sell the 76,942 dwt vessel Artemis to an undisclosed third-party buyer for $12.99 million. The ship is slated to be delivered to its new owner by March 8 at the latest.Artemis was built in 2006 by Japan's Namura Shipbuilding Co., Ltd. in 2006.Upon completion of the sale…

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company christened and launched a salvage tug being built for Nippon Salvage Co., Ltd. The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The vessel, named Koyo Maru, is scheduled for handover to Nippon Salvage in June 2024 following completion of outfitting work and sea trials.Koyo Maru measures 80.6 x 15.5 m with gross tonnage of approximately 3,000.

Yanmar Power Technology Co., Ltd. (YPT), a subsidiary of Yanmar Holdings Co., Ltd., has embarked on the development of a hydrogen-fueled four-stroke high-speed engine for power generation for coastal vessels in Japan as part of the Nippon Foundation’s zero emission ship demonstration experiment. The engine utilizes hydrogen as a fuel, emitting no CO2 during combustion.In parallel with the hydrogen engine development, YPT will also work on the creation of a hydrogen engine-compatible hybrid electric propulsion vessel, combining hydrogen engine generators with batteries.

Greek shipowner Performance Shipping Inc. announced it has signed two shipbuilding contracts with China Shipbuilding Trading Co. Ltd. (CSTC) and Shanghai Waigaoqiao Shipbuilding Co. Ltd. (SWS) for the construction of two 114,000 DWT LNG-ready LR2 Aframax product/crude oil tanker vessels.The newbuilds, expected to be delivered in January and April of 2026, were ordered at a purchase price of US$64,845,000 per vessel, net of third-party commission. 15% of the purchase price is payable upon receipt of a refund guarantee…

A climate neutral island supply vessel has been launched for the German Society for International Cooperation (GIZ) to service the Marshall Islands.GIZ is implementing the bilateral project financed by the International Climate Initiative (IKI) together with the government of the Marshall Islands. The ship, which was developed by the ship design office Kostec Co. and the shipyard Asia Shipbuilding Co. Ltd. in Busan/Geoje, South Korea, together with the Emden/Leer University of Applied Sciences and the Hamburg design office SDC…

Japan's Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) said Tuesday that a Panamax coal carrier that uses low-environmental-impact LNG as its main fuel was delivered and started operation on November 14.In a naming and delivery ceremony held at the Imari Shipyard and Works of Namura Shipbuilding Co., Ltd., the new vessel was named Reimei.The Reimei, a large LNG-fueled coal carrier, is operated by MOL to transport coal from overseas to Kyuden's coal-fired thermal power plants.Credit: MOLCompared to conventional marine fuel…

Japan's NYK Line said Thursday its NYK Bulk & Project Carriers Ltd. (NBP), Oshima Shipbuilding Co., Ltd. (OSHIMA), and Sumitomo Corporation (SUMITOMO) had signed a memorandum of understanding to study, design, and construct the world’s first Handymax bulk carrier (ammonia dual fuel type) dedicated to the transport of copper products, that will reduce CO2 emissions to zero.The MoU signing comes just a year after Corporación Nacional del Cobre de Chile (CODELCO), a Chilean state-owned company and one of the world's leading copper producers, and NYK Bulk & Project Carriers Ltd.

The Phoenix Harmonia, a liquefied petroleum gas (LPG) powered very large LPG/ammonia carrier, has been constructed by Namura Shipbuilding Co., Ltd. and delivered to MOL Energia Pte. Ltd., a Singapore-based company of Mitsui O.S.K. Lines Group, on September 29.Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, supported Namura and contributed to the delivery of the vessel, based on a technical cooperation agreement executed between the two companies in August 2021.

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and launch ceremony for a liquefied natural gas (LNG) bunkering vessel, the first to operate in western Japan, built under contract for KEYS Bunkering West Japan Co., Ltd. The ceremony was conducted at the Enoura Plant at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The new vessel, christened KEYS Azalea, is scheduled for handover…