Offshore Energy - Green Marine’s Post

🇶🇦 🚢 128 LNG vessels: QatarEnergy concludes its historic shipbuilding expansion with MOL-COSCO tie-up Japanese shipowner MOL and China’s COSCO SHIPPING LNG Investment (Shanghai) Co. Ltd. (CSLNG) have been confirmed by QatarEnergy as the joint venture owners selected to build six QC-Max LNG carrier newbuildings in China. The six 271,000-cbm newbuildings will be built by China State Shipbuilding Corporation (CSSC)-controlled Hudong-Zhonghua Shipbuilding (Group). Source ➡️ https://lnkd.in/gg3C3zjU #LNG #QatarEnergy #LNGshipping #MOL #COSCO #QCmax

🇨🇳 🇶🇦 Cosco Shipping funding six QatarEnergy LNG carriers The company has approved is wholly-owned subsidiary, COSCO SHIPPING LNG Investment (Shanghai) to jointly invested in the second phase project of QatarEnergy, which will purchase 50% stakes of six singe-vessel companies established by Japanese owner MOL to build six QC-Max LNG carriers together. The QC-Max vessels, which will be built at China's Hudong-Zhonghua Shipyard, are the largest LNG vessels ever built with a capacity of 271,000 cu metres each. Source ➡️ https://lnkd.in/gtsEKj4C #LNG #QatarEnergy #QCmax #COSCO #shipbuilding

Yangzijiang Shipbuilding’s business update for 3Q 2024 Here are the key highlights: •With two months left to the end of the year, we’ve more than doubled our FY2024 order-win target. These new order wins have brought the orderbook to a record US$22.14 billion as of 7 November 2024. •Having delivered 57 vessels (90% of our FY24 target) year-to-date, we are well-positioned to achieve our annual goals. •Over the past ten months, Yangzijiang has successfully delivered: o The first 1,260 TEU Methanol dual-fuel containerships o The first batch of 40,000 CBM LPG/LAG dual-fuel carriers o The first 16,000 TEU LNG dual-fuel containerships Notably, green vessels account for approximately 75% of our total orderbook value, up from 70% in the first half of the year, showcasing our consistent efforts to support the energy transition with a cleaner, more sustainable order mix. View the snapshot of the Group’s performance below. 👇 Find out more: https://lnkd.in/gNShARVu #yangzijiang #shipbuilding #results #ecofriendly #LNG #LPG #OilTanker

Stay informed on the latest developments in the bunkering Industry! Check out this week’s roundup from Bunker Market, focusing on key updates and the energy transition. #Bunkering #BunkerTraders #BunkerSuppliers #Shipping #EnergyTransition

📍#LNGAsFuel📍 ✅ Classification society Bureau Veritas Marine & Offshore (BV) has classified three 3️⃣ new LNG bunker vessels 🎯, including one 18,600 cbm 💧 vessel for Ibaizabal at Hudong Zhonghua and two 2️⃣ 18,000 cbm vessels for Hercules Shipping, the shipping arm of Peninsula at Hyundai Mipo Dockyard, which will be delivered from 2026 🎊. ✅ The vessels join a list of 1️⃣8️⃣ BV-classed LNG bunkering vessels in service, with four more scheduled for delivery in 2025 and 2026. Reportedly, BV has now classified around 35% 📈 of the world’s bunkering ships in service and approximately 50% 📈 of the order book to date. ✅ According to BV, the new vessels add to the “important” supply of LNG 🎯 as fuel and help ensure shipbuilders and operators remain compliant and on course to meet global emissions targets. 📌 Source : Offshore Energy #lng #lngindustry #lngshipping #lngbunkering #gtt #mossdesign #naturalgas #shipping

QatarEnergy partners with Mitsui O.S.K. Lines, Ltd. and COSCO SHIPPING to complete its 128-vessel LNG fleet expansion. #LNG #LNGShipping2024 #RivieraMaritimeMedia #LNGcarrier #FLNG #FSRU #LNGterminals #BioLNG #lngshipping #vessel #emissionsreduction #greentransition #shippingindustry #marinefuels #maritimeindustry #fuelefficiency #finance #sustainability #zerocarbonshipping #LNGShipping2024

Just as it seemed the pandemic newbuilding wave had come to an end, stronger markets, Red Sea turmoil and fears over shipyard capacity have seen an explosion of new containership orders. Two of the most striking characteristics of the fresh newbuilding push are that the orders are mainly LNG-dual fuel and have predominantly been placed at shipyards in China. In contrast to 2023, when a little more than half of the total new orders were methanol dual-fuel and only 28% were LNG dual-fuel, 2024 has seen two-thirds of the total new orders being LNG dual-fuel and only 16% being methanol dual-fuel. That 85% of the new orders have been contracted at shipyards in China points to the country’s expanding dominance in newbuild markets. A third striking feature is that only 3% of the total 3.1m TEU contracted in 2024 is 100-3,900 TEU feeders and 3.1% 3,900-7.600 TEU midsize vessels. This will help prolong a coming period of low – if not negative – fleet growth in smaller fleet segments. MSI publishes monthly reports across all major and specialist shipping segments. For high quality data-driven insights into your shipping market, contact info@msiltd.com to discuss our services. #containers #shipping #maritime #supplychain #decarbonisation #lowcarbonshipping #sustainability #globaltrade #methanol #ammonia #LNG #renewableenergy #alternativefuels

MOL inks long-term time charter contract of six LNG carriers with QatarEnergy Mitsui O.S.K. Lines (MOL) has announced that it entered into a long-term time charter contract of six QC-MAX, 271,000m3 LNG carriers with QatarEnergy last week. The vessels will be built at Hudong-Zhonghua Shipbuilding (Group) Co. in China, for delivery between 2028 and 2031, and be jointly owned with COSCO SHIPPING LNG Investment (Shanghai) Co.   MOL, as one of the world’s largest owners of LNG carriers, since the mid-1990s, has expanded and strengthened the relationship with QatarEnergy through its global LNG transportation. MOL’s track record in LNG transportation and commitment in safe navigation have led to the successful conclusion of this contract. This contract will further increase the awarded vessels to MOL under the historic shipping expansion program for the North Field Expansion Project to 13 vessels, said a release.

Donsötank books one more LNG dual-fuel tanker at Wuhu Shipyard

🌊 German shipowner Bernhard Schulte Shipmanagement has marked a keel laying milestone in the construction of its first LNG dual-fuel liquid CO2 (LCO2) tanker at Dalian Shipbuilding & Offshore Company (DSOC) in China. Full story ➡️ https://lnkd.in/dbQFpEam #maritime #shipping #LNG #dualfuel #LCO2 #tanker