In a whitepaper published  to mark World Maritime Day (24 September),  DP World’s Marine Services concluded that: ‘The next generation of global maritime trade will be defined not only by established routes, but increasingly by the strength, agility and adaptability of networks linking regional and global Connected Trade Corridors.’ The paper found that, contrary to what some may think, ‘global trade is being reconfigured rather than reversed’ as a result of political, climate and manufacturing changes – and ‘these shifts are creating a growing role for feeder, coastal and shortsea shipping solutions in connecting emerging production centres and regional ports […]

PaxOcean Group, part of Kuok Maritime Group, and Ulstein Design & Solutions AS have signed a contract for the design of an ULSTEIN SX222 service operation vessel (SOV) for NYK Line, which will be constructed at PaxOcean’s Graha yard in Batam, Indonesia. The vessel will support offshore wind construction, operations and maintenance activities, providing accommodation and logistical support for personnel working offshore. The new SOV will be based on the SX222 design and will accommodate up to 120 people. It will be 89.6 metres long, with a beam of 19.2 metres. Featuring Ulstein’s TWIN X-STERN hull design, the vessel is […]

NYK Group has held a naming ceremony for the Diamond Gas Nexus, a newly built LNG carrier at HD Hyundai Samho Co. in South Korea. The 174,000 cubic metre (cbm) vessel is equipped with a WinGD X-DF 2.2 iCER engine, which can use fuel oil and also boil-off as fuel. The Diamond Gas Nexus is chartered to DGE, a wholly owned subsidiary of Mitsubishi Corporation based in Singapore, under a long-term time-charter contract. Under the ship-management framework of the NYK Group, the vessel is expected to be primarily engaged in LNG transportation for the Cameron LNG project in the United […]