The difficulties of shipping liquefied hydrogen have been highlighted in a new report from the Australian Transport Safety Bureau, which shows how a safety issue arose on the maiden voyage last year of the Susio Frontier, the world’s first and only liquefied hydrogen (LH2) carrier. The failure of...
Greek data firm MarineTraffic has provided some details of the ramifications of the upcoming Indian ban on older ships. New Delhi is readying age restrictions for ships calling at the world’s second most populous nation. Under the new rules no bulk carrier, tanker or general cargo ship aged 25 or...
https://splash247.com/thousands-of-ships-set-to-be-hit-by-indias-age-restrictions/
John Fredriksen’s rig investment company, Northern Drilling, has raised $10m through a private share offering to cover costs for the ongoing arbitration case related to claims arising from the termination of the resale contract with Daewoo Shipbuilding & Marine Engineering (DSME) for the two...
https://splash247.com/fredriksens-northern-drilling-raised-10m-for-dsme-arbitration/
February is starting in the shipbuilding world in the same fashion as many months prior – with an avalanche of container and LNG orders. Hyundai Samho in South Korea has announced a $2.05bn order for 12 methanol-propelled large boxships – all due for delivery by the end of 2026. The yard did not...
https://splash247.com/hyundai-samho-wins-2-05bn-order-for-12-methanol-fuelled-boxships/
Onassis Foundation-controlled Olympic Shipping and Management (OSM) has become the first Greek ship owner and manager to partner with the Singapore-based Global Centre for Maritime Decarbonisation (GCMD), committing to a five-year collaboration to accelerate shipping’s decarbonisation. As an impact...
Kumiai Navigation has added a second very large LPG/lliquefied ammonia gas carrier (VLGC) to its orderbook at Japanese shipbuilder Kawasaki Heavy Industries (KHI). The Singapore-based subsidiary of Japan’s Kumiai Senpaku has exercised its option for one more LPG-fuelled 86,700 cu m unit following...
https://splash247.com/kumiai-navigation-adds-to-lpg-ammonia-carrier-orderbook/
Hydrogen could soon be shipped in regular oil tankers at ambient temperatures if a Japanese pilot project in Australia proves successful. Eneos, Japan’s largest oil company, will open a demonstration plant in Brisbane next month where methylcyclohexane (MCH), a liquid hydrogen carrier, will be...
https://splash247.com/eneos-seeks-to-ship-hydrogen-in-existing-oil-tankers/
Greece’s Golden Energy Management has booked up to two suezmax tankers at the South Korean yard DH Shipbuilding. Multiple brokers reported that the Restis family tanker vehicle is paying in the range of $77m for the first firm 158,000 dwt unit set to deliver in the fourth quarter of 2024. Golden...
https://splash247.com/restis-family-in-for-dh-shipbuilding-suezmaxes/
Indian newcomer Gatik Ship Management’s fleet is making headlines, adding its first VLCC and attempting its first asset play. This week sources tell Splash that $66m has been put on the table for the Shanghai Waigaoqiao-built, 318,000 dwt , a ship sold by Epaminondas Embiricos’ Aeolos Management....
https://splash247.com/gatik-ship-management-adds-first-vlcc/
Nippon Yusen Kaisha (NYK) has entered into a business and capital alliance agreement with Sony-backed artificial intelligence (AI) firm Ghelia. NYK is investing in Ghelia and the two companies will now collaborate on R&D for autonomous ships, as well as pintroducing Ghelia’s AI technologies to...