Maersk orders 20 LNG dual fueled containerships
While Maersk may have started the momentum towards green methanol as a marine fuel, its concluding batch of orders placed under its fleet renewal plan announced in August cover 20 LNG dual
Hanwha Ocean
Wärtsilä cargo handling systems picked for VLAC quartet
Wärtsilä Gas Solutions has booked an order to supply cargo handling systems for four new 93,000 cubic meter capacity very large ammonia carrier (VLAC) vessels being built for Greek owner Naftomar. The
Chevron and MOL in LNG carrier wind assistance world first
Wind assistance is finding favor in an ever growing range of vessel types and trades. It’s now reaching the LNG sector, where Chevron Shipping Company LLC, a subsidiary of Chevron U.S.A. Inc.,
MOL plans to build LNG carrier with Wind Challenger sails
Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) is planning to build a 174,000 cubic meter LNG carrier fitted with Wind Challenger sails and has now received an Approval in Principle (AiP) from ClassNK
Amogy partners with Hanwha on ammonia-powered vessel solutions
A three-way partnership between Brooklyn, N.Y., headquartered Amogy and two units of South Korea’s Hanwhat Group aims to accelerate accelerate the decarbonization of the maritime industry through the deployment of Amogy’s zero-emission
Hanwha makes its case for Austal acquisition
As we reported earlier, South Korea’s Hanwha Group has submitted an indicative offer to acquire the global business of Austal USA’s Australian parent, Austal (ASX:ASB), through a scheme of arrangement that would
Austal confirms getting a takeover offer from Hanwha Ocean
Rumors that Australian shipbuilder Austal Limited (ASX:ASB) was the target of a takeover bid have been circulating since last July. Now, it seems, there’s some truth in one of them. In an
SECNAV urges Korean shipbuilders to invest in U.S. shipyards
Secretary of the Navy Carlos Del Toro has been meeting with top South Korean shipbuilding executives and making the case for them to create American subsidiaries and invest in integrated U.S. commercial
Is Philly Shipyard a Hanwha takeover target?
Back in July, Korean shipbuilder Hanwha Ocean was reportedly among the suitors in a rumored bid to acquire Austal. As we reported at that time, Austal said: “Austal is regularly involved in
Is Austal a take-over target?
Back on June 6, Australian shipbuilder Austal Limited, which is, of course, the parent of Mobile, Ala., based Austal USA, published a stock exchange announcement saying: “Austal Limited (Austal) (ASX: ASB) refers