Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the ...

The third 7,600 m3 LNG bunkering vessel, S1067, built by Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE), has been ...

Hanwha Power Systems and Hanwha Ocean have signed a joint development and collaboration agreement with Baker Hughes to design ...

The new ammonia gas turbine combines Baker Hughes' compact turbine technology with PSM's ammonia combustion system, a ...

Hanwha Ocean is forecasting profit growth in 2025 as the yard delivers what it describes as loss-making container ships and ...

Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to ...

A recently delivered, Novatek-chartered and Mitsui OSK Lines-owned Arc4 LNG carrier has moved into position at Russia’s site for LNG ship-to-ship (STS) transfers.

Ammonia-fueling is widely seen as key to shipping’s decarbonization. And while ammonia fueled four stroke engines will soon ...

Hanwha Group declared its vision for the world's first fossil fuel-free ship at the Davos Forum held in Switzerland in ...

Hanwha Ocean announced on the 24th that it recorded an operating profit of 237.9 billion won last year, achieving a profit ...

The LNG bunkering market is a pivotal sector within the maritime industry, poised at the intersection of environmental sustainability, regulatory compliance, and economic viability. LNG, or liquefied ...

Hanwha Ocean posts strong 2024 results. Find the latest news from the maritime industry on the PortNews website.