Mitsubishi Shipbuilding Launches LNG-Powered RoRo Vessel
Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has held a christening and launch ceremony for the Trans Harmony Green, the first of two LNG-powered roll-on/roll-off (RoRo) ships built for Toyofuji Shipping.The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture.The ship's handover is scheduled for late January 2025 following completion of outfitting work and sea trials.The Trans Harmony Green will serve as a RO/RO vessel on shipping routes in Asia.The vessel is approximately 195 meters in overall length…
HD HHI’s Ammonia-fueled Car Carrier Earns KR Approval
KR has awarded an approval in principle (AIP) for the next-generation ammonia-fueled pure car and truck carrier (PCTC), developed by HD Hyundai Heavy Industries (HD HHI) with the participation of Hyundai Glovis and G-Marine Service, at Posidonia 2024.Currently, to address the increasingly stringent global greenhouse gas regulations, the development of alternative fuel technologies is actively underway, and ammonia fuel technology is one of the most highly regarded in the market.
Finnlines Adopts Graphene-based Hard Foul Release Hull Coating
Finnlines has turned to a innovative graphene-based hard foul release hull coating to reduce fuel consumption and emissions across its ro-ro and ro-pax fleets.After starting with its first vessel in 2022, the Finnish shipping company has already applied GIT Coatings' XGIT-FUEL low-friction hull coating to four vessels as part of a recently signed fleet agreement, reducing fuel consumption and emissions by around 7% compared to previously used coating.Over the past decade, Finnlines…
Wallenius Wilhelmsen Inks Long-Term Lease for Georgia’s Brunswick Port
Wallenius Wilhelmsen has signed a 20-year lease agreement with the Georgia Ports Authority (GPA), with options up to 30 years for Brunswick port expansion, increasing its strategic terminal and processing networkUpgraded and enlarged Brunswick facilities will further expand the scope and scale of U.S. Southeast operations of Wallenius Wilhelmsen, which is the world's largest RoRo vessel operator.The Brunswick expansion will further cement the company’s position as the favored partner for North American customers…
H2 Energy and DFDS Publish Hydrogen Propulsion Feasibility Study
Over the past year, H2 Energy and DFDS have worked together on a project to analyze the feasibility of retrofitting large ferries with a hydrogen propulsion system.The project, supported by the Danish Maritime Fund, has led to the publication of a hydrogen propulsion feasibility study.With support from the Danish Maritime Fund, DFDS, H2 Energy and Lloyds set out to uncover the technical and operational feasibility of hydrogen propulsion systems by analyzing the main aspects of…
MAN to Supply Propulsion for World’s Largest Car Carriers
Chinese shipyard Guangzhou Shipbuilding International (GSI) has received an order for four MAN B&W 8S60ME-GI engines in connection with the building of four 10,800 CEU pure car and truck carriers (PCTC) for South Korean shipping owner, HMM Co. Ltd.CSIC Diesel Engine Co. Ltd (CSE) will build the Mk10.5 dual-fuel -GI (-gas injection) engines in China, which will feature exhaust gas recirculation (EGR) emissions-reduction technology for Tier III NOx compliance.Upon delivery, the PCTCs will go out on charter to Hyundai Glovis Co.…
Demand for New Car Carriers Surges on China's EV Export Boom
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world's fourth-largest fleet by 2028.China currently has the world's eighth-largest fleet with 33 car-carrying ships, showed data from shipping consultancy Veson Nautical. Japan has the world's largest with 283 ships, followed by Norway's 102, South Korea's 72 and Isle of Man's 61.But Chinese companies have 47 ships on order, accounting for a quarter of all orders globally.
Mazda May Temporarily Reroute Baltimore Auto Shipments
Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview.The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and farm and construction machinery handled and a cargo ship crash into the Francis Scott Key Bridge in March has restricted shipments.However, CEO Masahiro Moro said Mazda does not currently expect a big impact from the port shutdown.U.S. automakers…
Wallenius Wilhelmsen Scoops New Contract Valued Over $1B
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year contract with a leading global player in the premium car segment, valued at more than $1 billion.Spanning three years, the contract covers both shipping and logistics services, as well as the use of biofuel.The contract started between January and April 2024 with rates in line with current market levels, and also entails a mutual two-year extension option. “We see manufacturers shifting priorities and increasingly looking for solutions which provide predictability in their supply chains.
Manta Installs Shore Power Systems for Finnlines Vessels
Manta Marine Technologies (formerly known as Yara Marine Technologies) has completed installation and commissioning of onboard shore power systems for three Finnlines vessels: the Finnlady, the Finnmaid and the Finnstar.The installations, onboard RINA-classed Finnlines RoPax vessels Finnstar, Finnmaid and Finnlady support Finnlines’ commitment to decarbonize itsfleet and reduce the environmental impact on shore-side communities.Thomas Doepel, Finnlines Deputy CEO Finnlines, said…
Wallenius Wilhelmsen Sees Up to $10 Million Hit from Baltimore Disaster
Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company said its vessel Carmen - which according to shipping data is among the biggest car carriers in its fleet - remained stuck in Baltimore's port, with the ship and its crew ready to sail as soon as the channel was reopened.Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday…
Automakers Reroute Shipments After Baltimore Bridge Collapse
U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal."We expect the situation to have minimal impact to our operations. We are working to re-route any vehicle shipments to other ports," GM said in a statement.The Port of Baltimore is the busiest U.S. port for car shipments, handling at least 750,000 vehicles in 2023, according to data from the Maryland Port Administration.
Gram Car Carriers Refinances Viking Adventure
Norwegian shipowner Gram Car Carriers announced it has refinanced the Viking Adventure with an undisclosed Japanese bank.The new $41 million loan has a duration matching the vessels current charter ending in mid-2028 and a margin of SOFR +1.73%. This compares a margin of SOFR +4.26% under the previous lease financing which was repaid earlier this year, the company said.“We are pleased to welcome one of the premier banks in Japan in our banking group as we optimize our capital structure and cost base to maximize profit and shareholder returns.
MOL Installs Wind Measurement Device on RoRo Vessel in Fuel Savings Trial
Mitsui O.S.K. Lines (MOL) has installed a long-range wind condition measurement device on one of its RoRo vessels in a trial that aims to reduce fuel consumption and contribute to safe operations.MOL partnered with Metro Weather for a demonstration of Doppler LiDAR on Musashi Maru RoRO vessel on the route between Tokyo and Fukuoka.This is the first time in the world that a Doppler LiDAR has been installed on a large seagoing vessel, according to MOL.Using the Doppler LiDAR, MOL and Metro Weather will monitor real-time wind 3D conditions more than 10 km away from Musashi Maru.In addition…
ARC Keeps the Cargo Rolling
With a fleet of nine U.S.-flag RoRo ships, American Roll-On Roll-Off Carrier Group (ARC), is the U.S.’ premier commercial RoRo carrier of U.S. government and military cargo. As the world becomes an increasingly contentious place, Eric P. Ebeling, President & CEO, ARC, discusses the vast capabilities of the ARC fleet and logistics network, as well as the challenges and opportunities ahead for U.S.-flag ships in the international trade.By the numbers’ is a simplistic means to gauge the size and shape of any shipping company…
Smyril Line Orders Methanol-ready RoRo Ships at CIMC Raffles
Smyril Line announced it has signed a contract with the CIMC Raffles shipyard in China for the construction of two new vehicle carrier vessels.The ro-ro ships will each be 190 meters in length with 3,300 lane meters for trailers. They have been designed in close cooperation with naval architects Knud E. Hansen for year-round seaworthiness in the North Atlantic. Smyril Line plans to place the vessels into service on its current network, operating a route between Europe, the Faroe Islands and Iceland from 2026.Compared to the company's existing fleet…
ARC Adds Ninth US-flag RoRo Vessel to Its Fleet
American Roll-On Roll-Off Carrier Group Inc. (ARC) added ARC Honor as the ninth American flag roll-on roll-off (Ro-Ro) vessel to its fleet.“This tremendously capable and flexible U.S.-flag ship is crewed by American merchant mariners and now operates in ARC’s global network supporting America’s national defense and economic security through trade,” said Eric Ebeling, ARC President & CEO. The vessel is ARC’s fourth large car/truck carrier (LCTC) vessel.The former Tulane was re-flagged to American registry and re-named the ARC Honor on February 2, 2024.
Wallenius Wilhelmsen Bags $1.2B in New Deals
Wallenius Wilhelmsen has signed significant contracts whose combined worth amounts to $1.2 billion for the world’s largest RoRo vessel operator.The contracts have been signed with a leading global construction and mining equipment manufacturer, and with one of the largest automotive distributors in the Americas.The first multi-year shipping contract with equipment manufacturer has a duration of three years, plus a two-year extension option.It is valued at approximately $1 billion in total…
BYD's First Chartered Vessel Sets Sail with 5,000 EVs for Europe
BYD's first chartered vehicle carrier has set sail from China's southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday.Chinese automakers including BYD, Chery Automobile and SAIC Motor, have been placing orders for vessels to counter rising shipping costs as they boost exports.The new roll-on, roll-off vehicle carrier named "BYD Explorer No.1" departed on Monday for Flushing Port in the Netherlands and the German port of Bremerhaven…
Wallenius Wilhelmsen Signs Korean Customer and Acquires Two RoRo Ships
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year shipping contract with South Korea’s construction machinery company and taken delivery of two vessels.Through its 80% owned subsidiary EUKOR, Wallenius Wilhelmsen welcomed the 2009-built, 6,600 CEU Morning Camilla vessel following the declaration of a purchase option under the long-term charter-in agreement.The purchase price is $30 million, well below the assessed charter-free valuation of around $70 million…
Seaspan Enters Car Carrier Segment in Order with Glovis
Containerships owner/operator Seaspan Corporation signaled its entry into the car carrier segment in confirming a deal to order a series of new pure car and truck carriers (PCTC) in partnership with Hyundai Glovis (Glovis).The 10,800 CEU are the largest PCTCs under development to date. They will be dual-fuel liquefied natural gas (LNG), as well as ammonia-and methanol-ready.Seaspan said it negotiated the purchase from Shanghai Waigaoqiao Shipbuilding, a China State Shipbuilding Corporation shipyard.
K Line Conducts 1,000 Mile Autonomous Voyage Trial
Kawasaki Kisen Kaisha (K LINE) and the Nippon Foundation have demonstrated autonomous navigation on a roro for a round-trip route of approximately 1,000 miles (1,600km) between Hitachi Port and Kushiro Port.The 11,413gt Hokuren Maru No. 2 sails the route routinely in service for operator Kawasaki Kinkai Kisen. Three autonomous voyages have been undertaken since October 1, 2023.“We confirmed that recognition, analysis, and decision making by the autonomous navigation system are executed with a high degree of accuracy in coastal navigation,” said K Line in a statement.
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…