The master’s decision to deviate from the planned route was among the causal factors in what an investigation conducted by the Republic of the Marshall Islands Maritime Administrator identifies as a “very
Within days of being refloated by salvors, a 2016-built, 300,800 dwt ore carrier has been declared a constructive total loss (CTL), towed to deep water and sunk under supervision of the Brazilian
In a massive vote of confidence in LNG as a marine fuel, mining giant BHP has released the world’s first bulk carrier tender for LNG-fueled transport for up to 27 million tonnes
MARCH 27, 2018 — South Korean shipbuilder Hyundai Heavy Industries (HHI) has received approval in principle (AiP) from classification society Lloyd’s Register for an LNG fueled 250,000 dwt class very large ore
SEPTEMBER 26, 2017 — Hyundai Heavy Industries (HHI) reports that it has signed a contract worth $800 million to build ten 325,000 dwt VLOCs (Very Large Ore Carrier) for South Korea’s Polaris
APRIL 2, 2017 — Two crew members have reportedly been rescued after the sinking in the South Atlantic of the Stellar Daisy, a 1993-built 266,141 dwt Very Large Oil Carrier (VLOC) Stellar
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline) reports that, through its Welin Lambie subsidiary, it has been awarded a purchase order by Newport News Shipbuilding to supply
The Naples-headquartered Grimaldi Group is going all in on car carriers — and ammonia-readiness. It has opened the new year by placing an order for five 9,000 CEU (Car Equivalent Unit) pure
In another example of the growing interest in the potential of biofuels, ExxonMobil recently successfully completed two commercial bio-based marine fuel oil bunkering operations in the port of Singapore involving the 171,800
Qatar Petroleum has issued an “invitation to tender” for the reservation of the shipbuilding capacity required for the construction of the 100 or more LNG carrier newbuilds required for its North Field
