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MOL Takes Delivery of Dual-Fuel LPG and Ammonia Carrier Newbuild
Mitsui O.S.K. Line (MOL) has taken delivery of the newly built dual-fuel LGP and ammonia very large gas carrier (VLGC) Aquamarine Progress II, which will sail under charter with a Japanese LPG importer and distributor.Ordered by MOL’s company Aramo Shipping (Singapore), the Aquamarine Progress II has been delivered by Namura Shipbuilding.The Aquamarine Progress II will sail under a time charter contract with GYXIS Corporation…
Wärtsilä to Supply Cargo Handling Systems for Solvang’s Newbuild VLGC Vessels
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling systems for additional two new very large LPG carrier vessels to be built at the HD Hyundai Heavy Industries in South Korea.The ships have been contracted by Norwegian ship owner Solvang. The order follows a similar one placed in 2023 for five vessels being built at the same yard for the same owner.The very large gas carriers (VLGCs) are of Panamax size and form the next generation of eco-vessels.
Japan Continues to Lead Shipowner Rankings
VesselsValue has unveils this year’s top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan's resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kong at USD 44.7 billion, asset values and ownership strategies have changed considerably over the last 12 months, says Rebecca Galanopoulos-Jones, Senior Content Analyst…
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.
Pertamina Aims to Add Six VLGCs in 2024
Pertamina International Shipping (PIS), a unit of Indonesian state energy company Pertamina, said on Wednesday it plans to add six new very large gas carriers (VLGC) in 2024 as it eyes fleet expansion focused on gas transport.The company this week launched two VLGCs, built by South Korea's Hyundai Samho Heavy Industries, and each vessel has a 91,000 cubic metres capacity, which PIS said is among the biggest in the world.The two vessels were designed to transport liquefied petroleum gas (LPG) as
WinGD and KSS Line Collaborate on Dual-Fuel Ammonia Engines for Gas Carriers
Swiss marine power company WinGD has signed a memorandum of understanding with KSS Line to explore X-DF-A engines for future newbuild projects. The companies will focus on 52cm- and 62cm-bore versions of the dual-fuel ammonia engines, suitable for midsize and very large gas carriers (VLGC). The scope of the cooperation will extend beyond engine technology, also focusing on the performance and maintenance solutions necessary for using alternative fuel.
LPG: Dual-Fuel Engines Prove Their Worth
BW LPG has demonstrated the value of dual-fuel LPG operations beyond the company’s initial aim of meeting IMO 2020 Sulphur Cap regulations.In October 2020, the LPG carrier BW Gemini became the first very large gas carrier (VLGC) to have its low-speed main engine converted to an LPG dual-fuel engine. The project started several years earlier, sparked by Oslo-listed BW LPG’s preparations for the IMO’s 2020 Sulphur Cap regulations.Compared to heavy fuel oil…
KHI Gets Order for NYK's Sixth LPG Dual-fuel Very Large LPG/Ammonia Carrier
NYK ordered of its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026.This vessel is the eighth in NYK's fleet of LPG-fueled LPG carriers and the sixth in a new type of vessel capable of carrying ammonia and thus flexibly responding to various trade patterns.In addition to the LPG dual-fuel engine…
VLGC Lucky Gas Delivered to Al Seer Marine
Al Seer Marine has taken delivery of its first very large gas carrier (VLGC) from South Korean shipbuilder Hyundai Heavy Industries.The 84,300-cubic-meter-capacity Lucky Gas is employed on a 10-year charter with UAE-based BGN International DMCC.The VLGC forms part of an AED 495 million transaction signed in 2021 by ABGC DMCC, the joint venture between Al Seer Marine and BGN International.Al Seer Marine…
Golden Ocean CEO Steps Down. Interim CEO Appointed
Dry bulk shipowner Golden Ocean Group Limited has informed that Ulrik Andersen, Chief Executive Officer of Golden Ocean Management AS, has decided to step down from his position.
World’s Largest VLGC Ready for Delivery
The world's largest very large gas carrier (VLGC) has been unveiled in Shanghai ahead of its delivery to Singapore-based owner Petredec Global.The dual-fuel LPG vessel Harzand was designed and built by Jiangnan Shipyard and has a capacity of 93,000cbm. It is 230 meters long and 36.6 meters wide.Harzand is the first of six underway for Petredec. The order was signed in November 2020 and calls for the…
ADNOC L&S Adds Five New Very Large Gas Carriers to Fleet
United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.The carriers of the shipping and maritime logistics arm of state oil giant Abu Dhabi National Oil Company each have a capacity of 86,000 cubic metres. The carriers were built at Jiangnan Shipyard in Shanghai…
Dorian LPG Takes Delivery of Dual-fuel VLGC
Liquefied petroleum gas (LPG) shipping company Dorian LPG announced it has taken delivery of the newly built very large gas carrier (VLGC) Captain Markos from Japanese shipbuilder Kawasaki Heavy Industries.The 84,000 cubic meter capacity VLGC is a dual-fuel vessel capable of running on on LPG and low-sulfur fuel oil.The ship is owned by a Japanese owner will be operated by Dorian LPG under a 13-year bareboat charter…
Newbuild VLGC to Be Equipped with Norsepower's Rotor Sails
Auxiliary wind propulsion systems provider Norsepower announced a contract for the delivery and installation of two Norsepower Rotor Sails on a newbuild Very Large Gas Carrier (VLGC) for global shipping company IINO Lines.The new LPG dual fuel ship – delivered today from Daewoo Shipbuilding & Marine Engineering Co., Ltd in Korea is ready to be equipped with two bespoke 20m tall Norsepower Rotor Sails side by side.
Approval in Principle Granted for VLGC with Carbon Capture
China Classification Society (CCS) has issued Approval in Principle (AIP) for the design of the world’s first low carbon very large gas carrier (VLGC). The concept design is based on an LPG dual fuel ship type with a carbon capture system onboard. Two Type C low-temperature carbon dioxide storage tanks are located on both sides of the open deck in the cargo area, and the designed carbon dioxide capture rate of the system can reach over 85%.
NYK to Build Fifth LPG Dual-Fuel VLGC
NYK ordered its fifth liquefied petroleum gas (LPG) dual-fuel very large LPG/liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026.This vessel is the seventh in NYK's fleet of LPG-fueled LPG carriers and the fifth in a new type of vessel that is also capable of carrying ammonia and will…
Wilhelmsen Takes Over Management of HLS' New VLGC
Norwegian vessel operator Wilhelmsen Ship Management announced it has taken over management of the newbuild liquefied petroleum gas (LPG) carrier HLS Blue Sapphire.The 86,000-cubic-meter-capacity very large gas carrier (VLGC) is the first managed by Wilhelmsen for new client Hyundai LNG Shipping of South Korea.The LPG dual fuel vessel was built at South Korea's Hyundai Samho Heavy Industries Ltd.
Second LPG Dual-Fuel VLGC for Astomos Named Lantana Planet
On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company.At the ceremony, the ship was named Lantana Planet by Mitsuru Yamanaka, executive vice president of Astomos Energy Corporation, and the ceremonial rope holding the vessel in place was cut by his wife.
Indonesia: Pertamina's Shipping Unit Eyes $3B Investment to Rejuvenate Vessel Fleet
Pertamina International Shipping, a unit of Indonesia's state energy firm, aims to invest up to $3 billion over the next five years to rejuvenate and expand its fleet, including investing in vessels to transport liquefied natural gas, an executive said. Pertamina International Shipping (PIS) operates more than 400 vessels, including three very large crude carriers (VLCC) and two very large gas carriers (VLGC).
NYK's New LPG Dual-fuel VLGC Named Lupinus Planet
On September 2, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new very large gas carrier (VLGC) that NYK will charter to liquefied petroleum gas (LPG) company Astomos Energy Corporation.At the ceremony, the ship was named Lupinus Planet by Toru Araki, executive vice president at Astomos Energy Corporation, and the ceremonial rope holding the vessel in place was cut by his wife.