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DNV: Five Alternative Fueled Vessels Ordered in March
![Source: DNV](https://images.marinelink.com/images/maritime/w200h200c/source-dnv-149060.jpg)
According to the latest figures from DNV’s AFI platform, five new orders for alternative fueled vessels were confirmed in March 2024: two methanol, two ammonia and one LNG.Although this was a quiet month for the ordering of alternative fueled vessels, the overall trend remains strong, says DNV. For the first three months of 2024, 68 orders for alternative fueled vessels were made, compared to 44 in the first three months of 2023…
MDL Assists Saipem on Gastrade’s LNG Development Off Greece
![FSRU Alexandroupolis (Credit: Gastrade)](https://images.marinelink.com/images/maritime/w200h200c/fsru-alexandroupolis-credit-gastrade-149040.jpg)
Maritime Developments (MDL) has assisted Saipem in progressing an LNG project offshore Greece, which included work on the connection of Gastrade’s Alexandroupolis floating storage regasification unit (FSRU) to the country’s gas transmission system.The project consisted of a FSRU and a mooring and pipeline system, connecting the floating unit to the Greek National Natural Gas Transmission System (NNGTS).An MDL flex-lay spread was used for the installation of two flexible risers…
MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation
![(Credit: MOL)](https://images.marinelink.com/images/maritime/w200h200c/credit-mol-149037.jpg)
Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero), Marubeni Corporation, Sojitz Corporation, and other partners.Built by Samsung Heavy Industries in South Korea, the Jawa Satu FSRU has a storage capacity of 170…
Seatrium Scoops $259M Worth of Repairs and Upgrades Work
![FPSO Pyrenees Venture (Credit: MODEC)](https://images.marinelink.com/images/maritime/w200h200c/fpso-pyrenees-venture-credit-modec-148991.jpg)
Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025.With an aggregate value of S$350 million ($259 million), the contracts have reinforced Seatrium’s reputation as a one of the market leaders in vessel repairs, upgrades and conversions.The diverse range of complex contracts secured by Seatrium Repairs and Upgrades include the upgrades and conversions of Floating Storage Regasification Units (FSRU)…
HMM Signs Clean Fuel MoU with Shanghai International Port Group
![Source: HMM](https://images.marinelink.com/images/maritime/w200h200c/source-hmm-148986.jpg)
HMM has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on the supply of methanol and LNG at Shanghai Port.HMM has committed to achieving net-zero emissions target for the entire business by 2050.HMM is also working on eco supply chain networks at Singapore and Busan. HMM also signed new building contracts for nine 9,000TEU vessels powered by methanol, and plans to operate two 7…
Crowley Unveils New LNG-fueled Containerships
![(Image: Crowley)](https://images.marinelink.com/images/maritime/w200h200c/image-crowley-148983.jpg)
U.S. shipping company Crowley has shared first renderings and the names of its four new dual fuel liquefied natural gas (LNG)-powered containerships: Quetzal, Copan, Tiscapa and Torogoz.The 1,400 TEU vessels were ordered in 2022 by Singapore-based Eastern Pacific Shipping (EPS) for scheduled delivery from South Korea’s Hyundai Mipo Dockyard in 2025.EPS will charter the ships out to Crowley, who will deploy them on its U.S.-Central America trade connecting U.S.
VTTI to Control Italy's Biggest LNG Terminal, Snam to Get 30%
![(Photo: VTTI)](https://images.marinelink.com/images/maritime/w200h200c/photo-vtti-148981.jpg)
Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end.Snam, which is controlled by the Italian government, said in a statement it had exercised its pre-emption right to increase its stake in the infrastructure dubbed Adriatic…
Damen and CMA CGM Join Forces to Boost Containerships Efficiency
![(Credit: Damen)](https://images.marinelink.com/images/maritime/w200h200c/credit-damen-148968.jpg)
Around 10 of CMA CGM’s vessels are set to receive modifications and upgrades as part of the agreement the French shipping giant made with Dutch shipbuilder Damen Shipyards, aimed at increasing the efficiency of the ships.The upgrades and modifications will deliver fuel efficiencies of more than 10%, according to Damen.The upgrades will take place at Damen Shiprepair Dunkerque (DSDu) and Damen Shiprepair Amsterdam (DSAm)…
Japan’s First Dual-Fuel LNG Bunkering Vessel Delivered to Industry Partners
![KEYS Azalea vessel (Credit: NYK Line)](https://images.marinelink.com/images/maritime/w200h200c/keys-azalea-vessel-credit-nyk-148927.jpg)
KEYS Bunkering West Japan Corporation - a joint venture established by Kyushu Electric Power, NYK Line, Itochu Enex, and Saibu Gas – has taken delivery of KEYS Azalea vessel, said to be Japan’s first LNG bunkering vessel equipped with a dual-fuel engine.The delivery ceremony for the vessel was held on March 28, 2024, at the Yamatomachi Shipyard of Mitsubishi Shipbuilding in Japan’s Yamaguchi Prefecture.KEYS…
Gazprom Uses Replacement Vessel to Maintain Gas Loadings
![© hodim / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/hodim-adobe-stock-148905.jpeg)
Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification unit (FSRU) Marshal Vasilevskiy is designed to supply Russia's Kaliningrad exclave, between Lithuania and Poland, and ensure its gas security in case of disruption to pipeline supplies from neighboring countries.According to LSEG data, the FSRU Marsh
Esgian Week 13 Report: Demand Shifts
![© Kalyakan / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/kalyakan-adobe-stock-148897.jpeg)
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.Drilling Activity and DiscoveriesThe Norwegian Offshore Directorate…
QatarEnergy to Charter 19 New LNG Carriers
![(Photo: QatarEnergy)](https://images.marinelink.com/images/maritime/w200h200c/photo-qatarenergy-148899.jpg)
QatarEnergy CEO Saad Al Kaabi announced on Sunday that the company has finalised a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.In a ceremony at its Doha headquarters state-owned QatarEnergy signed contracts to charter six vessels from CMES LNG Carrier Investment, six vessels from Shandong Marine Energy and three vessels from MISC Berhad.
Carnival Orders Excel-class Cruise Ship
![Carnival Jubilee (File photo: Meyer We3rft)](https://images.marinelink.com/images/maritime/w200h200c/carnival-jubilee-file-photo-meyer-148787.jpg)
Fresh on the heels of its first newbuild order in five years, the world's largest cruise company has placed an order for an additional vessel.U.S.-based Carnival Corporation on Tuesday announced it has signed an agreement with German shipbuilder Meyer Werft to build an Excel-class cruise ship for its Carnival Cruise Line brand for expected delivery in 2028.The ship will be the 11th Excel-class ship for the corporation's fleet across four of its brands…
Shipping Industry Faces Fuel Dilemma in Bid to Cut Emissions
![© Yellow Boat / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/yellow-boat-adobe-stock-148785.jpeg)
The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run, is complicating that path to net zero, according to executives.Global shipping firms are looking for ways to lower their carbon footprints, particularly as the International Maritime Organization (IMO), which regulates the global shipping industry…
Stena Bulk Completes Sale of LNG Tankers
![Erik Hånell, President & CEO of Stena Bulk. Image courtesy Stena Bulk](https://images.marinelink.com/images/maritime/w200h200c/erik-hnell-president-ceo-of-148761.jpg)
Stena Bulk completed the sale of two of its LNG carriers – Stena Crystal Sky and Stena Clear Sky – to BW LNG.As part of the sale, BW LNG will assume the existing charters for both vessels.Both vessels were originally delivered in 2011 from Daewoo Shipbuilding & Marine Engineering in South Korea. Stena Crystal Sky and Stena Clear Sky each have an LNG carrying capacity of 174,000 cbm.“As part of our strategy to continuously look for new opportunities…
Fuel Savings of Autonomous Navigation System Verified
![Source: Avikus](https://images.marinelink.com/images/maritime/w200h200c/source-avikus-148757.jpg)
Avikus, HD Hyundai's autonomous navigation in-house startup, has verified that its autonomous navigation system is capable of reducing fuel use by as much as 15%, which is expected to reduce carbon emissions by 10%.The fuel savings were quantified on a 325,000-ton very large ore carrier (VLOC) operating several times on a 5,800-mile route from Singapore to Brazil using Avikus’ autonomous HiNAS Control…
QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships
![Image courtesy QatarEnergy](https://images.marinelink.com/images/maritime/w200h200c/image-courtesy-qatarenergy-148720.jpg)
QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program.The agreements were signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy and Mr.
QatarEnergy Charters 25 Nakilat LNG Carriers
![Source: Nakilat](https://images.marinelink.com/images/maritime/w200h200c/source-nakilat-148712.jpg)
QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company (Nakilat) for the operation of 25 conventional-size LNG vessels as part of the second shipowner tender under QatarEnergy’s LNG fleet expansion program.Seventeen of the 25 LNG vessels are being built at the Hyundai Heavy Industries (HHI) shipyards in South Korea, while the remaining eight are being built at Hanwha Ocean…
Study Demonstrates Need for New Fire Safety Rules for Methanol-Fueled Ships
![Source: Survitec](https://images.marinelink.com/images/maritime/w200h200c/source-survitec-148682.jpeg)
A new fire safety study by survival technology solutions provider Survitec finds that existing fire-fighting methods used to extinguish machinery space spray and pool fires on conventionally fueled vessels are inadequate when dealing with methanol-based fires.This follows extensive comparative fire tests on dual-fuel marine engines using diesel oil and methanol.“Our tests confirm that traditional water…
Petrobras Exec Says Gas Export Possible from Colombia Project
![© passarut / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/passarut-adobe-stock-148653.jpeg)
A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday.As oil production in Brazil's prolific presalt region is set to plateau in coming years, Petrobras is expanding its horizons to new frontiers including the Equatorial Margin…
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
![](https://images.marinelink.com/images/storage/w150h150c/dzb9n6nw4aasept.jpg)
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
![](https://images.marinelink.com/images/storage/w150h150c/662036de.jpg)
Digitalization Driving Safety in the Maritime Sector
![](https://images.marinelink.com/images/storage/w150h150c/cropimg2546.jpg)
Designer seeks permit to send out United States gas to Mexico for LNG exports
![](https://images.marinelink.com/images/storage/w150h150c/roundex-adobe-stock-149830.jpeg)
Video: LNG Carrier Transits the Northern Sea Route
![](https://images.marinelink.com/images/storage/w150h150c/eduard-toll-northern-sea-route-passage-1.jpg)
Crowley Christens LNG-Powered ConRo
![](https://images.marinelink.com/images/storage/w150h150c/0x4a1012-bhdisplay.jpg)
Pasha Hawaii Brings LNG Containerships Online
![](https://images.marinelink.com/images/storage/w150h150c/nicksouzahnl1.jpg)
LNG Investment Set to Grow
![](https://images.marinelink.com/images/storage/w150h150c/jim.png)
Maritime Reporter TV Interviews Leif Gross, Caterpillar
![](https://images.marinelink.com/images/storage/w150h150c/74b84e3d.jpg)
Inside Crowley's Commitment Class ConRo Ships
![](https://images.marinelink.com/images/storage/w150h150c/untitled-c616.png)