• 2024 October 9 12:53

    Hercules Tanker Management to start receiving four new tankers in Q2 2025

    Hercules Tanker Management (HTM) has announced that it will start receiving four new tankers in Q2 2025. These vessels will be delivered at three-month intervals and will be time-chartered to Peninsula, according to the company's release.

    HTM commissioned the 7,700 DWT new build IMO II Chemical Tankers from the Jiangmen Hangtong Shipyard in China. The first vessel will be delivered by Q2 2025.

    The vessels will be part of Peninsula’s fleet modernisation programme, being described by them as ‘ultra-spec’, given their ability to supply Methanol as well as 100% biofuel. Further enhanced specs include diesel-electric (and battery-ready) power units, reducing emissions by around 20% compared to other conventional product tankers. Twin engine with Schottel propulsion significantly improves manoeuvrability and safety during STS or loading operations.

    The near-term launch of methanol ready tonnage will help Peninsula service rapid growth in the global methanol-powered fleet, which is anticipated to rise by over 250% in the next 4 years. HTM’s foresight in recognising this demand growth is particularly relevant given the continued lack of shipyard slots.




2024 October 9

16:09 LATTICE receives Approval in Principle for LPV tanks and LH2 fuel gas supply system
15:40 Philippine Ports Authority and ICTSI inaugurate largest and first mobile harbor crane in Panay
15:24 Alfa Laval to supply first systems for ammonia-fuelled marine vessels by end of 2025
14:44 ESL Shipping builds a series of fossil-free handysize vessels
14:24 Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe
13:37 LNG-fuelled vessels accelerate to 6% of the global fleet - SEA-LNG
12:53 Hercules Tanker Management to start receiving four new tankers in Q2 2025
12:43 Cosco Shipping profits up 67% in first nine months of 2024
11:23 Singapore and Shandong ink agreement for Green and Digital Shipping Corridor
10:45 Bunker suppliers in Singapore to be required to provide digital bunkering services from 1 April 2025
10:18 GTT receives an order from Samsung Heavy Industries for the tank design of two new LNG carriers
09:51 HD Hyundai to produce key ship electrification part LV VFD in-house

2024 October 8

18:00 Five-year “Float Lab” experiment completed at Port of Oakland
17:31 Turkmenistan prepares to accede to FAL Convention
17:20 Sri Lanka's Hambantota International Port sees 40 pct increase in RORO vehicles
16:57 RAmparts 2300 Harbour Tug SN Cariri delivered to Sulnorte in Brazil
16:47 Glander International Bunkering and Cepsa join efforts to deliver second-generation biofuel to cruise lines in the Mediterranean
15:46 Hong Kong’s international maritime centre launches Hong Kong Chamber of Shipping
15:28 Panama Canal expects over 225 transits during the 2024-2025 cruise season
14:55 Drewry expects 66 LNG carriers to join the fleet this year
14:40 IMO Secretary-General closed of the 82nd session of the Marine Environment Protection Committee
13:51 Korean shipbuilders account for 12% of global ship orders in September 2024
13:16 Malta bans Israel-bound merchant vessel from its waters
12:43 Vard to build one tailor-made Commissioning Service Operation Vessel for Navigare Capital Partners
12:14 Avenir LNG and Eni sign agreement for the multi-year charter of the Avenir Aspiration
11:47 Gasum plans a FuelEU maritime pooling solution together with Wasaline
11:17 Equinor reports on Norwegian development projects
10:51 Viking Supply Ships to upgrade four AHTS with subsea cranes
10:07 GTT obtains five Approvals in Principle at Gastech 2024

2024 October 7

18:00 Eastern Shipbuilding commences steel cutting for the vehicle passenger ferry Falcon
17:34 Jumbo installs wind assisted propulsion to Jumbo Jubilee
17:13 BIMCO and the International Chamber of Shipping issue guide to help maritime industry reduce underwater noise
16:40 Maersk expects IMO to approve global CO2 levy in 2025 - Bloomberg
16:24 IMO adopts key amendments to MARPOL Annex VI, designating the Canadian Arctic and the Norwegian Sea as Emission Control Areas
15:37 New Zealand navy ship sinks off Samoa, fuel spill ‘highly probable’
14:53 TotalEnergies joins RWE in two offshore wind projects
14:29 Daehan Shipbuilding secures key certifications for eco-friendly ship technology
13:58 Russia to test hydrogen-powered vessel in October
13:24 Wan Hai Lines begins biofuel operations
12:59 Damen delivers rocket landing platform to Blue Origin
11:42 The European Commission approves plans by MSC to buy almost half of Hamburg's largest port operator
11:24 Jawaharlal Nehru Port container traffic up 16.49 pc in Sep 2024
10:58 Worley signs agreement with Liquid Wind to provide design and engineering services for development of methanol plant in Sweden
10:29 NYK and NYK Cruises conduct crisis-response drill on Asuka II
09:58 Eni joins the Coalition for LNG Emission Abatement toward Net zero

2024 October 6

16:29 South Korean shipbuilders land KRW 2 trillion in orders in a single day
15:19 IMO MEPC 82 designates two new PSSAs
14:23 Meyer Turku floats out second Icon, Star of the Seas
13:08 Navios Maritime Partners to bolster fleet with new methanol-ready scrubber-fitted boxships
12:37 Bandar Port to be completed by end of 2025: Chandrababu Naidu
11:13 Bollinger Shipyards secures contract from US Navy to build 7th berthing barge (APL 73) 
10:24 DNV and KR grants HD Hyundai Heavy Industries AIP for 2,300-ton submarine
09:04 HTM orders four 'ultra-spec' chemical tankers at Jiangmen Hangtong Shipyard

2024 October 5

16:37 Six tugs named in Port of Leith ceremony this week
15:24 Engine: Europe & Africa market update 4 Oct 2024
13:19 Eni secures UK Gov't funding for Liverpool Bay CO2 T&S project, a significant milestone in the development of the HyNet CCS project
11:02 Tallink Grupp transported 404 143 passengers in Sept 2024, a 0.7% increase YoY
09:54 Flex LNG says it finalized $430 million in new financings

2024 October 4

18:00 Solstad Offshore introduces renewable biodiesel
17:25 ABS launches lndustry’s first comprehensive rules for floating nuclear power at joint forum with Idaho National Laboratory
16:57 EU set to vote on tariffs targeting electric vehicles from China
16:25 Libya’s National Oil Corporation resumes oil production and exports
15:43 CMA CGM container ship hits dock in Barranquilla, Colombia
15:13 MOL to merge three group subsidiaries responsible for maritime technology and engineering
14:43 Port of Salalah receives new hybrid cranes
14:13 STF Shipping starts operations in the East Asia-Russian Far East shipping sector
13:24 GasLog welcomes Marvel Phoenix to its fleet
12:50 New direct RoRo service will connect the Port of Gothenburg with key ports in Asia
12:20 “K” Line and EGS Survey establish a joint venture company to service the offshore marine geo-survey sector
11:40 Damen holds joint steel cutting and keel laying ceremony for Portuguese Navy’s Multi-Purpose Ship