Vessel owners are making new fuel choices, but increasingly, they have options to help reduce the risk of doing so.The latest engine developments aim to make it easier for owners to avoid the chicken-and-egg fuel price and availability risks of new fuels.As Roger Holm, President of Wärtsilä Marine and Executive Vice President at Wärtsilä Corporation recently pointed out
Shipowners in all sectors face the same decision: build new or refurbish older tonnage. In the booming cruise sector the decision is more pressing, particularly as new construction ships can take two to three years to build, perhaps longer today with global shipyard orderbooks packed full.
A fire broke out on board a Madeira-registered containership moored at the Port of Colombo in Sri Lanka.The MSC Capetown III was berthed at Jaya Container Terminal (JCT) on Sunday when the fire erupted and eventually escalated to an explosion, the Sri Lanka Ports Authority (SLPA) said.
DEME's new fallpipe vessel—the world's largest—was officially named Yellowstone by Her Royal Highness Princess Astrid, Princess of Belgium, during a ceremony in Zeebrugge on Tuesday.Originally a bulk carrier, the ship was converted at Pax Ocean Shipyards in Singapore for rock placement work in the offshore energy industry.
The St. Marys River has reopened to vessel traffic after a U.S.-flagged Great Lakes freighter struck a channel light in the waterway.At approximately 1 a.m. on Thursday, the 730-foot bulk carrier American Mariner suffered a marine casualty and went bow-first into the Munuscong Junction Light, the U.S. Coast Guard said. The incident occurred in Munuscong Lake, which is a section of the St.
A portion of the St. Marys River has been closed to vessel traffic after a U.S.-flagged Great Lakes freighter struck a channel light in the waterway.At approximately 1 a.m., the 730-foot bulk carrier American Mariner suffered a marine casualty and struck the Munuscong Junction Light with its bow, the U.S. Coast Guard said. The incident occurred in Munuscong Lake, which is a section of the St.
Berge Bulk informs it has placed an order for two ammonia dual fuel vessels from China's Qingdao Beihai Shipbuilding Heavy Industry as part of a push by the dry bulk shipowner to decarbonize its operations.The two 210,000-DWT Newcastlemax vessels will meet the International Maritime Organization's (IMO) Tier III NOx (nitrogen oxides) standards and Energy Efficiency Design Index (EEDI) Phase 3
DHT Holdings announced it has entered into agreements to build four very large crude carriers (VLCC) in South Korea for delivery between April and December 2026.Two of the large tankers will be constructed at Hyundai Samho Heavy Industries and the other two at Hanwha Ocean (formerly known as Daewoo Shipbuilding & Marine Engineering), for an average price of $128.5 million.
Greek shipowner Diana Shipping on Wednesday announced it has placed an order for two new methanol dual-fuel Kamsarmax bulk carriers from China's Tsuneishi Group (Zhoushan) Shipbuilding Inc.The 81,200 dwt newbuilds were ordered at a purchase price of $46 million each, Diana said. The vessels are expected to be delivered by the second half of 2027 and the first half of 2028, respectively.
When the United States and 11 allies published a joint statement last week calling for an end to Houthi attacks from Yemen on Red Sea shipping, they hoped the implicit threat of force might at least reduce the intensity of fire on foreign vessels.Instead, Wednesday saw the largest single attack yet on foreign vessels, according to Western defence officials
Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping company A.P. Moller-Maersk said it would pause all container shipments through the Red Sea until further notice.
Swiss marine power company WinGD will realise the first commercial instalments of its new variable compression ratio (VCR) technology on two new dual-fuel LNG powered vessels being built for NYK Line.A 95,000 DWT bulk carrier being built at Oshima Shipbuilding and a 7,000 CEU pure car and truck carrier (PCTC) being built at Shin Kurushima Dockyard will be the first two-stroke powered vessels