The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last t…
BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU Read More »
Three different nuclear reactor concepts within the Generation IV domain are being studied as part of the Norwegian Nuclear Propulsion in Shipping (NuProShip) project which explores nuclear propulsion for the maritime sector.
The post NuProShip projec…
NuProShip project aims to enliven nuclear propulsion in deep sea shipping Read More »
Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has completed the expansion of its Morgan’s Point ethylene terminal and committed to buying three 17,000 cbm ethylene …
Navigator Gas completes terminal expansion, buys three ethylene carriers Read More »
The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines.
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South Korean shipbuilder HD Hyundai Mipo has cut the first steel for a 46,000 cbm liquefied petroleum gas (LPG) carrier which will be equipped with an ammonia dual-fuel engine.
The post HD Hyundai Mipo: Construction begins on ‘world’s firs…