At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance.China, the world's top oil importer, has continued buying Russian oil despite Western sanctions
Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: "Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao, China with an impressive cargo; the 34,000-ton cylinder-shaped Shell Penguins FPSO.
The construction of the Penguins FPSO for Shell's namesake field in the UK North Sea has reportedly been completed in China.CGTN, the China Global Television Network website, on Thursday, shared a video of the completed Penguins FPSO, and said the 118-meter-tall cylindrical FPSO, constructed by the Chinese Offshore Oil Engineering Co., Ltd.
Shofu Maru, the world’s first coal carrier equipped with the Wind Challenger - a hard sail wind power propulsion system - this week made the maiden port of call in Newcastle, Australia. Japanese shipping giant Mitsui O.S.K. Lines (MOL) held a ceremony on October 24 to mark the occasion.
New Zealand based MOVE Logistics Group revealed its plans to order a new coastal roll-on, roll-off (RORO) vessel capable of running on methanol fuel.Earlier this year, MOVE secured $10 million in co-investment funds from transport agency Waka Kotahi to support coastal shipping initiatives that improve the competitiveness of domestic coastal shipping
A newly built wood chip carrier vessel recently delivered to Japanese shipping company NYK is equipped to collect ocean microplatics for researchers to study.The Stellar Harmony, built by Imabari's Iwagi Zosen Co., Ltd shipyard, was officially handed over on August 23. The vessel will transport wood chips mainly from New Zealand, Australia
HMM Co Ltd, South Korea's largest container shipping company by sales, said on Thursday it plans to invest 15 trillion won ($11.46 billion) over the next five years to sharply increase its capacity.HMM plans to expand its shipping capacity to 1.2 million 20-foot equivalent units (TEU) from the current 820,000 TEU by 2026 and increase the number of bulk carriers to 55 from 29.
Chinese shipbuilders have handed over the 24,000 TEU capacity Ever Alot to Taiwanese shipping company Evergreen Marine.The newbuild, built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of the China State Shipbuilding Corporation (CSSC), is said to be the new world's largest containership. The vessel is 399.99 meters long and 61.
Naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) has partnered with Tacoma-based workboat builder Silverback Marine to design what it says is a compact yet mighty tugboat that can be transported by truck over the road. The truckable tug has an overall length of 25' - 10 ⅞", a beam of 14' - 6" and a draft of 3' - 4".
Empire Offshore Wind, a joint venture between Equinor and bp, awarded a contract to Maersk Supply Service for charter of its newbuild wind installation vessel (WIV). This vessel, together with US constructed barges and tugs built and operated by Kirby Offshore Wind, will be used for the installation of the project’s Vestas V236-15MW turbines.
Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co., Ltd. (TTM).
A group of maritime industry partners has received approval in principle (AIP) from the classification society Bureau Veritas (BV) for a new concept, combining liquefied natural gas (LNG) retrofit and jumboization, applied to large containershipsGTT, a technological expert in membrane containment systems