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Report: Indian Class Withdrawn on Sanctioned Russian Tankers

Russian shipping interests continue to shuffle around the registry details of their large crude tankers in an apparent effort to address the Western sanctions on vessels. Reuters conducted an analysis and found that 12 of the 14 tankers listed by the United States in February 2024 have been moved to the Russian Maritime Register of Shipping, some having changed class societies or flags twice in a matter of months. The U.S. and its allies in the G7 reported at the end of February they were moving against both Russian shipping company Sovcomflot and tankers that had regularly transported oil in violation of the price cap imposed by the West as a punishment for the invasion of Ukraine. The U.S. blocked 14 tankers controlled by Sovcomflot on February 28. Before that, they had listed 20 tankers being run through third-party management companies in locations such as Dubai and elsewhere.  The review of the databases conducted by Reuters shows the Indian Register of Shipping which had stepped in to class the ships now shows 12 of the tankers with the notations class withdrawn. The vessels are appearing in the Russian…

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Trafigura Orders Four Dual Fuel Ammonia Powered Vessels

Commodities trader Trafigura has placed an order to HD Hyundai Mipo Dockyard for the construction of four Medium Gas Carriers (MGC) that will be capable of using low carbon ammonia as a propulsion fuel. The vessels will carry LPG or ammonia will be built at HD Hyundai Mipo Dockyard in Ulsan, South Korea. The first ship will be delivered in 2027. Each vessel, when delivered, will be equipped with a dual fuel low-carbon ammonia engine, supporting Trafigura’s commitment to reduce the carbon intensity of its own shipping fleet by 25% by 2030. “We are excited to embark together with HD Hyundai Mipo on this ambitious project which supports our commitments to decarbonising shipping and will help us to develop the global low-carbon ammonia bunkering infrastructure needed for zero-carbon shipping to become a reality,” said Andrea Olivi, Head of Wet Freight for Trafigura. Trafigura is one of the world’s largest charterers of vessels, responsible for more than 5,000 voyages a year with around 400 ships currently under management. The company is one of the few operators to have tested a full range of alternative shipping fuels including LNG, methanol,…

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World’s Largest Hydrogen-Powered RoPax to be Built at Norway’s Myklebust

The designs have been finalized and the shipyard was chosen for an ambitious project to build two of the world’s largest hydrogen-fueled passenger and car ferries. The project has been in development for several years with the designs initially approved in 2022 and now with the shipyard selected, Norway expects the vessels will be delivered in 2026. “There are no other maritime hydrogen projects internationally that come close to the scale and ambitions of this project,” says Marius Hansen Managing Director of Norwegian ferry company Torghatten Nord. He recognizes that extensive time was spent developing the designs for the pioneering vessels noting that there has been a strong focus on safety and developing the Norwegian suppliers. The project selected Myklebust Verft to build the two ferries. They are calling it a big boost for Norwegian technology and the shipyard. The project is expected to set the standard for a new class of ship and continue Norway’s leadership in sustainable shipbuilding. The two hydrogen fueled RoPax ferries were designed by Norwegian Ship Design. Each vessel will be approximately 380 feet (117 meters) long with a capacity to carry 120…

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