Cosco Shipping Heavy Industry

COSCO names world’s first ship-based marine factory for CO₂ capture

On 20 February, the world’s first Floating Production Storage and Offloading (FPSO) unit equipped with offshore Carbon Capture and Storage (CCS) technology was named AGOGO FPSO at COSCO SHIPPING Heavy Industry in Shanghai.

This vessel stands as one of the most environmentally friendly FPSOs globally, according to the Chinese company’s statement.

Transformed from a 320,000-dwt ultra-large crude oil carrier, this “offshore gigafactory” underwent extensive modifications with COSCO SHIPPING Heavy...

https://container-news.com/cosco-names-first-ship-based-marine-factory-for-co₂-capture/

Cosco orders twelve 14,000 TEU methanol vessels

Cosco Shipping Holdings has received shareholder approval to order a series of twelve methanol-fuelled container ships of 14,000 TEU capacity.

The delivery of the vessels is expected to commence in mid-2027 and be completed by early 2029, while the cost of every boxship is estimated at US$179.5 million.

The vessels will be built by the Chinese shipyard Cosco Shipping Heavy Industry (Yangzhu).


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https://container-news.com/cosco-orders-twelve-14000-teu-methanol-vessels/

COSCO SHIPPING receives approval for new ammonia-fuelled vessels

On 30 October, the design scheme for a 50,000 cubic meter ammonia dual-fuel carrier, jointly developed by COSCO SHIPPING Energy and COSCO SHIPPING Heavy Industry, received independent Approval in Principle (AIP) from three leading classification societies: ABS, CCS, and DNV.

This milestone signifies that COSCO SHIPPING Energy has successfully achieved “full coverage” in ship type application and technical reserves across three mainstream alternative fuels—LNG, methanol, and ammonia—as well as...

https://container-news.com/cosco-shipping-receives-approval-for-new-ammonia-fuelled-vessels/

COSCO constructs twelve 14,000 TEU methanol-fueled vessels

On 29 August 2024, COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines signed a contract in Shanghai for the construction of twelve 14,000 TEU container ships featuring dual-fuel methanol propulsion.

This latest order underscores COSCO SHIPPING’s commitment to green and low-carbon development, as it strives to build an environmentally friendly fleet and minimize the environmental and ecological impact of its operations, thereby ensuring long-term sustainable growth.

These new vessels...

https://container-news.com/cosco-constructs-twelve-14000-teu-methanol-fueled-vessels/

Fishing Vessel News Roundup | June 25 – Norwegian and Dutch trawlers, fish farm support workboats and more

Deliveries include a feed barge for the Faroe Islands and a bleeding and service boat for a Norwegian fish harvester. A Norwegian operator christens the newest addition to its trawl fleet as sea trials kick off for a coastal seining vessel and a landing craft workboat to be deployed in Scotland....

https://www.bairdmaritime.com/fishing/trawling/fishing-vessel-news-roundup-june-25-norwegian-and-dutch-trawlers-fish-farm-support-workboats-and-more/

VESSEL REVIEW | Green Paranagua – Chinese 77,000DWT bulker to support South America wood pulp trade

The 77,000DWT wood pulp carrier Green Paranagua

China’s Shanghai Pudong Development Bank (SPDB), through its shipowning arm SPDB Financial Leasing, has taken delivery of a new bulk carrier designed and built by local shipyard COSCO Shipping Heavy Industry. Named in honour of the city in Brazil’s Parana state, Green Paranagua is the fifth unit in...

https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/vessel-review-green-paranagua-chinese-77000dwt-bulker-to-support-south-america-wood-pulp-trade/

VESSEL REVIEW | MinRes Coolibah – Transhipping barges to support Western Australia iron ore trade

MinRes Airlie, a new transhipper barge delivered to Australia mining company Mineral Resources

Western Australia-based mining company Mineral Resources (MinRes) has taken delivery of two transhippment barges for transporting iron ore from shore to larger cargo ships off the coast. The vessels, which have been named MinRes Coolibah and MinRes Airlie, were built by COSCO Shipping Heavy Industry of China with design work done by MinRes in collaboration […]

The post VESSEL REVIEW | MinRes Coolibah – Transhipping barges to support Western Australia iron ore trade appeared first on Baird...

https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/vessel-review-minres-coolibah-transhipping-barges-to-support-western-australia-iron-ore-trade/

COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts]

In Part One last week, we looked at the paradox of offshore wind, a segment that is growing without profit for many players. This contrasts with offshore oil and gas, which has shrunk but has become intensely profitable for rig and vessel operators, and for the oil companies themselves. Whereas offshore oil and gas companies […]

The post COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts] appeared first on Baird...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-where-the-wind-blows-part-2-shell-cadeler-hea-energy-cyan-renewables-edda-wind-norwind-and-norside-offshore-accounts/

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