Singapore commissioned two new advanced submarines on Tuesday, vessels its navy says are meant to protect sea lines of communication, and which experts said would range beyond the waters of the tiny city-state to keep tabs on the region.The country's fifth and sixth submarines, the Invincible and the Impeccable
ClassNK granted its ‘AFVC(FD)(EV)’*1 notation to Positive Challenger, a car carrier operated by Eastern Car Liner Ltd., and managed by ECL Shipmanagement Limited, for vessels equipped with additional firefighting measures for transporting electric vehicles (EVs).Shipping companies are implementing various measures to address EV fires
Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of oil and gas giant Chevron, have signed an agreement to install Wind Challenger to a newbuild LNG carrier, which will become world’s first LNG carrier equipped with wind-assisted propulsions system.The is under long term charter from MOL Encean to Chevron Asia Pacific Shipping
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for the design of a membrane LNG Carrier with Wind Challenger wind-assisted propulsion system.The AiP marks the world's first approval for an LNG carrier with a wind-assisted propulsion system, according to MOL, which developed the design of the system together with Hanwha Ocean.
Mitsui O.S.K. Lines (MOL) has completed the construction of bulk carrier Green Winds, equipped with the Wind Challenger hard sail wind power propulsion system.The construction of the 63,896 DWT Ultramax bulk carrier was completed at Oshima Shipbuilding.MOL Group’s company MOL Drybulk will operate this new vessel.
Mitsui O.S.K. Lines (MOL) and its company MOL Drybulk have announced plans to install wind propulsion systems, including Wind Challenger, on a total of seven newbuilding bulk carriers and multi-purpose vessels.The vessels will be operated by MOL Drybulk. With the latest commitment, MOL Group will have a total of nine Wind Challenger-equipped vessels
Mitsui O.S.K. Lines (MOL) and Electric Power Development (J-Power) have agreed to install the Wind Challenger hard sail propulsion system, which converts wind energy to propulsive force, on the coal carrier Kurotakisan Maru.The installation of the Wind Challenger sail, which transports steaming coal to J-Power's power stations, is schedule for the second half of 2025.
Chemship commissioned its first ship with wind assisted ship propulsion. This makes the MT Chemical Challenger the first chemical tanker in the world to be equipped with sustainable wind technology. The ship will serve on shipping company Chemship’s Trans-Atlantic route between the East Coast of the United States and the Mediterranean.
Advanced water treatment systems are just the start of the cruise industry’s circular waste processing ambitions.Advanced wastewater treatment systems (AWTS) were revolutionary in their day. Indeed, they still are today, but with 77% of the CLIA fleet (202 ships) already using them, and another 40 specified for vessels on order, even more ambitious waste management is coming.
Mitsui O.S.K. Lines, Ltd. has decided to issue “blue bonds” through a public offering in Japan’s domestic market in January 2024, reportedly the world’s first blue bonds in the shipping industry, which refer to the guidance provided by the International Capital Markets Association (ICMA) and other organizations.
A new council aiming to improve the way U.S. government does business in ship acquisition and ship maintenance convened at the Coast Guard Yard in Baltimore on Thursday.In kicking off the inaugural meeting of the Government Shipbuilders Council (GSC), Secretary of the Navy Carlos Del Toro underscored the council’s mission to address common and singular challenges among those that contract in
Cash buyer GMS has seen some positive movement in the sub-continent ship recycling market. “While we do not expect tonnage to come flowing into the markets anytime soon, nor do we expect ship recycling prices to go skywards within this time frame, the ship recycling industry did see some positive movements with improving indications breaking cover from India and even Bangladesh this week.