Clarksons looks at car carrier trade trends
Last week brought a slew of reports about ever larger car carriers being ordered and designed.What’s all the buzz about? Despite electric vehicle sales disappointing automakers this year, a surge in global
Author: Nick Blenkey
BOEM moves ahead on more offshore wind projects
In a clutch of announcements today, the Bureau of Ocean Energy Management (BOEM) said that it has completed its environmental review of the proposed Sunrise Wind energy project, is proposing an offshore
Vard wins $200 million Toyo Construction cable layer contract
Fincantieri reports that its Norwegian subsidiary Vard has signed a contract worth more than $200 million to design and construct a hybrid-powered cable-laying and construction vessel for Japan’s Toyo Construction. The hull
Hornbeck Offshore Services files for IPO
Covington, La., headquartered Hornbeck Offshore Services (HOS) is planning a return to public listing on the New York Stock Exchange and has filed for an initial public offering (IPO) with the SEC.
Euronav brings ammonia powered VLCCs into its fleet expansion moves
With 24 of its VLCCs being transferred to John Fredriksen’s Frontline as part of a deal that resolved a long-running merger battle, Euronav NV (NYSE: EURN) has been rebuilding its fleet with
COSCO signs up for containership methanol retrofits
COSCO Heavy Industry Shanghai Co. Ltd. has signed a contract with MAN Energy Solutions for the methanol retrofit of four main engines from COSCO Line 13,800 TEU Camellia class and 20,000 TEU
Teck and Oldendorff to fit bulker with rotor sails
In another example of how charterers are helping push forward the move to greener shipping, Canadian mining giant Teck Resources is making a joint investment with Oldendorff Carriers that will see Norsepower
IMO Assembly seeks to crack down on “dark fleet”
The IMO Assembly wrapped up its 30th session on December 6. The Assembly is the International Maritime Organization’s highest governing body and among its actions in this latest session were to elect
Maersk chooses Alfa Laval FSS for first containership methanol retrofit
Maersk’s commitment to green methanol is not limited to its newbuild program. Next year it will retrofit its 2017-built, 15,000 TEU containership Maersk Halifax for methanol dual fuel operation, in the first
China Merchants unveils 11,000-CEU PCTC design
How big can car carriers get? As we reported Tuesday, Seaspan Corporation has just ordered six 10,800 CEU (car equivalent unit) capacity pure car truck carriers (PCTCs), with options for four more,