Shipping
Brittany and Repsol agreed on LNG fuel supply
Brittany Ferries has signed an agreement with Spanish energy company Repsol for the delivery of Liquefied Natural Gas (LNG) to its Spanish operations. A letter of intent between the two companies provides the basis for the long-term supply of LNG...
2019-02-26 08:35:56
Korea helps small shipping business
It turned out that the Korean government has supported the construction and retrofit of a total of 153 ships over the past year, with the goal of rebuilding domestic shipping industry since the bankruptcy of Hanjin Shipping.  The Ministry...
2019-02-26 08:32:03
MOL inks LNGBV charter deal
Mitsui O.S.K. Lines, Ltd. (MOL) has recently announced that it signed a long-term charter contract to operate Asia's largest (12,000m3-class) LNG bunkering vessel in Singapore, the world's largest fuel supply port, with Pavilion Gas Pte Ltd. (PGP...
2019-02-25 15:54:33
Maersk accelerates reorganizations
Progress on the transformation of A. P. Moller - Maersk continued in 2018. Customers benefitted from integrated offerings, digital solutions and robust network improvements. Since 2016, the topline has grown by 43%, to USD 39bn in 2018, an additi...
2019-02-22 11:40:55
Joint methanol project launched
A consortium of leading international maritime companies, supported by Maritime Knowledge Centre, have joined forces to further investigate the feasibility of methanol as a sustainable alternative transport fuel in the maritime sector. Major s...
2019-02-22 11:15:57
Maersk builds compliant fuel facility in the US
A.P. Moller - Maersk and PBF Logistics LP (PBFX) announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC, a PBF Logistics LP terminal facility in New Jersey, United States.  The agreement enables Ma...
2019-02-15 11:45:07
First LNG-fueled icebreaker bunkered in Finland
The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the Manga LNG terminal located in the Röyttä Harbor in Tornio, Finland.  The co...
2019-02-15 10:48:36
BIMCO says IMO growth estimation is 'too steep'
BIMCO has proposed that the Fourth International Maritime Organization (IMO) Greenhouse Gas Study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand - and thereby emissions - o...
2019-02-15 08:28:34
The Swedish Club delivers advice on the Sulphur Cap
On 1 January 2020 vessel owners must have made the decision to install exhaust gas scrubbers or to burn low sulphur or alternative fuels. The cost implications of any decision will be difficult to predict and there is no shortage of opinions in t...
2019-02-15 08:27:22
German LNG Terminal won another contract
German LNG Terminal GmbH, the joint venture driving forward Germany’s first LNG terminal in Brunsbuettel, has reached another long-term commercial capacity agreement with a global LNG player. The parties agreed on the commitment of a substantia...
2019-02-14 08:27:55
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