New Fuel Supply System Set to Ease Ammonia Adoption by Shipping Industry
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has introduced a new ammonia fuel supply system (AFSS) for ships able to operate with ammonia fuel.The system is available for both liquid and gaseous fuel, enabling the use of ammonia as a marine fuel, according to Wärtsilä.In line with shipping’s transition to decarbonized fuels, ammonia is widely seen as one of the most promising new fuel candidates. It offers a huge reduction in CO2 emissions, almost zero sulphur oxide (SOx) emissions…
Stena Bulk Inks Deal for Four Additional Newbuild Tankers
Swedish shipping company Stena Bulk has expanded its fleet with new long-term charter agreements for four newbuild eco Medium Range (MR) tankers.Two of the vessels, Stena Continent and Stena Conquest, will be delivered from Hyundai Mipo by the end of 2025.Two further eco MR tankers, Stena Contender and Stena Concept, will follow in 2026. All vessels are set to use the South Korean yard’s latest 8th generation MR tanker design, which has been recognized for its excellent efficiency performance.The tankers will feature efficient fuel consumption systems…
Wärtsilä Books Ammonia Fuel System Order for Two Exmar Gas Carriers
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will deliver the fuel supply system for Exmar’s two new medium size gas carriers that will operate with ammonia fuel.The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for ship owner Danish shipowner Exmar LPG, a joint venture between Exmar, a multi-disciplinary maritime and offshore solutions provider, and Seapeak, one of the largest independent owner-operators of liquefied natural gas vessels.These…
MOL Signs Charter Contract with Yara for Ammonia Carrier
Japanese shipping major Mitsui O.S.K. Lines has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International.The vessel was delivered on December 25,2023 and is expected to be engaged in the transportation of ammonia, mainly in the Pacific region.Ammonia is now mainly used as a raw material for fertilizers, but it is expected to see a significant increase in demand in the future as a next-generation clean energy that does not emit carbon dioxide when burned…
MacGregor to Supply RoRo Equipment for Two PCTC Vessels to be Built in South Korea
MacGregor, part of Cargotec, said Wednesday it had received a significant order to supply comprehensive packages of RoRo equipment for two PCTC vessels to be built by Hyundai Mipo Dockyard Co. Ltd in South Korea.The vessels are scheduled to be delivered to the owner between the second quarter of 2026 and the third quarter of 2026. MacGregor’s scope of supply encompasses the design, supply, and installation support of complete hardware for both vessels, including a quarter ramp…
Exmar Orders Ammonia-Powered Midsize Gas Carriers
Exmar LPG has ordered two ammonia-powered Midsize Gas Carriers (MGCs) from Hyundai Mipo Dockyard in South Korea.According to the company, a joint venture between EXMAR and Seapeak, the ships will be the first-ever oceangoing vessels to be propelled by dual-fuel ammonia engines, allowing for close to zero emissions trading when using ammonia. The engines will be delivered by Swiss marine power company WINGD, and the fuel supply system by Finland-based Wärtsilä Gas Solutions.Carl-Antoine Saverys…
HD KSOE Engineering Vice Chairman Receives Industrial Award
HD Korea Shipbuilding & Marine Engineering Vice Chairman Ga Sam-hyeon has received the Silver Tower Order of Industrial Service Merit for his contribution to national industrial development.The award was made in recognition of his achievements as a manager who contributed to the development and take-off of Korea's shipbuilding industry.The award was presented at the 20th Shipbuilding and Maritime Day Ceremony held in Seoul on September 20.Ka joined the ship sales division of HD…
DNV Awards AiP to HD KSOE’s Hydrogen System for LH2 Carrier
DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.HD KSOE aims to complete the development of the hydrogen carrier technology that enables large-capacity hydrogen transportation and storage by around 2030.HD KSOE's new system utilizes boil-off gas from hydrogen transport for a hybrid propulsion system, integrating hydrogen dual-fuel engines and fuel cells.
Equinor to Supply Fuel for Maersk's Methanol-powered Containership
Danish shipping company A.P. Moller - Maersk announced it has signed an agreement with Norwegian energy company Equinor to secure supply of methanol for its new methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024.The agreement ensures methanol supply for the ship from its entry into operation on a loop from Northern Europe into the Baltic Sea after the name giving ceremony later this month in Copenhagen. The green methanol will be bunkered in Rotterdam.The 2…
New LCO2 Cargo Tank Design Gets KR Approval
KR (Korean Register) has granted an approval in principle (AIP) for a liquefied carbon dioxide (LCO2) cargo tank design, developed by Hyundai Mipo Dockyard (HMD) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE), during this weeks Gastech conference in Singapore.This AIP is the result of a joint project involving the three companies: HMD designed the cargo tank, HD KSOE conducted an engineering critical assessment (ECA), and KR ensured the design’s suitability by reviewing classification rules and international regulations.The demand for LCO2 carriers is projected to rise…
HMD Gets LR AIP for Dual-fuel 45,000cbm LPG Carrier
Classification society Lloyd’s Register (LR) announced it has granted approval in principle (AIP) to South Korean shipbuilder Hyundai Mipo Dockyard (HMD) for its new 45,000cbm liquefied petroleum gas (LPG) carrier design, with availability to be ordered with ammonia dual-fueled propulsion. The dual fuel system equipped on HMD’s LPG carrier allows operators and owners to prioritize their environmental, societal and governance (ESG) strategies for their fleets and align with the IMO’s revised goal of net zero CO2 emissions by 2050.
Maersk's Methanol Ship Makes Maiden Refueling in Rotterdam
The port of Rotterdam has for the first time refueled a methanol-powered container ship as the shipping industry turns to the technology to cut its emissions, methanol producer OCI Global said on Tuesday.The Maersk-owned ship began its 21,500 km (13,359 mile) journey to Copenhagen from South Korea's Hyundai Mipo Dockyard on July 10.It also refuelled in Singapore, another major shipping hub before its stop-over on Tuesday in Rotterdam, Europe's largest port and ship-refueling hub, as the entire voyage is powered by green methanol.A low carbon fuel, green methanol is produced from renewable feed
Hyundai Mipo Dockyard to Design CSOV
HD Hyundai Mipo Dockyard has started joint development of a commissioning service operation vessel (CSOV) with Korea Register of Shipping (KR).The two companies agreed to develop their own design and cooperate with domestic companies to ensure a local offshore wind farm operation technology industry so that they can actively advance into overseas markets.Hyundai Mipo Dockyard plans to develop an optimised hybrid electric propulsion system with dynamic positioning performance suitable…
Hyundai Mipo Dockyard Wins LCO2 Carrier Order
Hyundai Mipo Dockyard has signed a contract to build two 22,000 cubic meter liquefied carbon dioxide (LCO2) carriers worth KRW 179 billion ($142 million) for the Capital Maritime Group of Greece.The vessels will be 159.9 meters long, 27.4 meters wide and 17.8 meters high. As well as LCO2, they will be designed to transport various liquefied gas cargoes such as LPG and ammonia. They will be made ready for ammonia dual fuel operation.According to the Global CCS Institute, a research institute in the field of carbon capture and storage…
Maersk's Methanol-fueld Feeder Ship Represents a 'Paradigm Shift', ABS' Wiernicki Says
A.P. Moller - Maersk's first-of-its-kind methanol dual-fuel containership represents a paradigm shift for the maritime industry as it continues its efforts to decarbonize, ABS chairman and CEO Christopher J. Wiernicki said.The 2,100 TEU feeder vessel, to be named Laura Maersk, was built to ABS Class at Hyundai Mipo Dockyard and Hyundai Heavy Industries and features dual-fuel main and auxiliary engines from MAN Energy Solutions that are able to operate on cleaner-burning methanol.The ship was delivered earlier this month…
Scorpio Sells 2013-built Tanker for $32.5 Million
Scorpio Tankers announced it has sold a medium range (MR) product tanker for $32.5 million.The Monaco-headquartered shipowner said the sale closed this month, but did not disclose the buyer.The vessel is the 183-meter-long STI Ville, built in 2013 by South Korea's Hyundai Mipo Dockyard.Scorpio noted that the ship is unencumbered and that it will make no debt repayments associated with the sale.Scorpio Tankers currently owns, lease finances leases or bareboat charters-in 112 product tankers, including 39 LR2 tankers, 59 MR tankers and 14 Handymax tankers.
Maersk Takes Delivery of World's First Methanol-fueled Container Feeder
Maersk has taken delivery of the world’s first container feeder to be fueled by methanol.The 2,100 TEU vessel was built at Hyundai Mipo Dockyard and Hyundai Heavy Industries and features dual fuel main and auxiliary engines from MAN Energy Solutions that are able to operate on cleaner-burning methanol.The ABS-classed vessel, HMD Hull #4168, is embarking on its maiden voyage from Ulsan to Copenhagen for a naming ceremony in September, when the ships is expected to take the name Laura Maersk.
Algoma Orders Two Tankers from Hyundai Mipo
Algoma Central Corporation announced it has placed an order with Hyundai Mipo Shipyard in South Korea to build two 37,000 DWT ice class product tanker vessels for a total investment of CA$127 million (about US$96.2 million).These new ships will be entered on long-term time charters to Irving Oil under Canadian flag, servicing the energy company’s refinery in Saint John, New Brunswick, with deliveries to ports in Atlantic Canada and the U.S. East Coast.Delivery of the new vessels is expected during the first quarter of 2025.
RWO’s Blackwater Treatment System Chosen for New Zealand Ferry
RWO has been selected by KiwiRail to supply its next-generation advanced water treatment system - the CleanSewage Membrane Reactor (CS-MBR) – to New Zealand’s Inter-Island Resilient Connection Project (iReX).Two custom-built Interislander ROPAX ferries have been ordered to service the connection between Wellington and Picton. Environmental protection is a key priority for the project, and both vessels, which are being built at Korean shipyard Hyundai Mipo Dockyard (HMD), will…
LR and LISCR Award Design Approval for World’s First 22,000cbm Multi-gas Carrier
Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) have awarded design approval to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Mipo Dockyard (HMD) for the development of the world’s first 22,000cbm multi-gas carrier as part of a joint development project for LCO2 carrier design and development. The vessel will be capable of carrying liquified carbon dioxide (LCO2), liquid petroleum gas (LPG), ammonia (NH3) and vinyl chloride…
World’s First Methanol-Fueled Containership Launched
The world’s first methanol-fueled containership has been launched for A.P. Moller - Maersk as the Danish shipping giant makes headway toward its goal to decarbonize its operations.“The launching was successfully completed on April 4 at Hyundai Mipo Dockyard, and the construction is continuing with delivery in the summer,” said Henrik Ekmann, Head of Newbuilding & Retrofit at Maersk.The 2,100 TEU, ABS-classed class feeder vessel features dual fuel main and auxiliary engines built…
Hyundai Mipo Dockyard Delivers First of Nine New Feeder Ships for Euroseas
Greek shipowner Euroseas announced it has taken delivery of the first in a series of nine new feeder container vessels from South Korea's Hyundai Mipo Dockyard.The 2,800 TEU Gregos was officially handed over during a ceremony on April 6, and following its delivery, the vessel commenced a 36- to 40-month charter with Oman-based Asyad Lines.The time charter equivalent (TCE) rate is $48,000 per day. Aristides Pittas, chairman and CEO of Euroseas, said the ship "is expected to contribute in excess of $42 million of EBITDA (or…
MacGregor to Equip Cobelfret CLdN RoRo Pair
MacGregor, part of Cargotec, has been selected to supply RoRo equipment for two 8000 LM RoRo vessels built by Hyundai Mipo Dockyard (HMD) in South Korea for Cobelfret CLdN, Luxembourg.The order, booked into Cargotec’s first quarter 2023 orders received, consists of design and complete hardware including stern ramps, ramp covers and hoistable car decks, access ramps, and rampway doors. In addition, MacGregor engineers will provide support and supervision during the installation.Coberlfret…