Small-scale ships capable of multi-tasking stand to benefit from better utilisation as LNG demand, which is tied to power generation, tends to be seasonal. While the commodity still needs time to gain enough clout as a marine fuel

Central Group, Latsco Shipping, Maran Tankers, Athenian Sea Carriers, Capital Maritime, Navios and Samos Steamship are among the Greek owners that have arranged to get their hands on new VLCCs as prices seem headed higher and building slots dry up

Pressure is growing for more ambitious decarbonisation targets. Efficiency looks doable, and there are other, smaller ways shipping can better measure and reduce its emissions. But the bigger goal of future fuels looks vexing as ever

Its newbuilding will join a chartered-in vessel from Korea Line

The Idan Ofer-owned company continues with its order spree and the latest deal brings the total number of newbuild orders for the shipowner to 47 ships worth $4.7bn

These are the first LNG-fuelled bulk carriers the state-owned shipowner will deploy for trades in the Pearl River Delta area

Industry expert suggests China should first create a road map from the top that carefully assesses the feasibility of different fuel options and design a suitable pathway towards green shipping 

Shell is said to be considering the high pressure, ME-GI main engine, which can almost eliminate the methane slip from liquefied natural gas, for its dual-fuel VLCC newbuilding project in South Korea. But one big shortcoming of more advanced technology is: it’s expensive

It remains to be seen how China’s shipbuilders will collaborate with compatriot leasing lenders to consummate the deals

China has long sought to support the basic strategic goal of more Chinese cargo being carried by more Chinese ships, but never quite managed to pull it off. The shifting economic conditions, however, may well present the perfect opportunity to finally cement ‘guohuo guoyun’ as a reality and China’s shipyards will be reaping the rewards

The head of shipbuilding at Japan’s transport ministry outlines the country’s roadmap to zero-emission ships, and offers views on industry consolidation and state subsidies

Ongoing Saudi strategy to flood the market with oil sees Bahri charter in another two VLCCs within five days