'Slow and steady wins the race'
The Swedish Club warns that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics from the Club show that vessels propelled by medium/high speed engines have ...
A study: "Natural gas is a $22bn distraction"
Rolling out liquified natural gas (LNG) infrastructure for shipping in Europe would cost $22 billion and deliver, at best, a 6% reduction in ship greenhouse gas emissions by 2050 compared to the replaced diesel, a new independent study for Transp...
LR supports Coral South FLNG project in Mozambique.
The scope of work that LR is undertaking covers design, procurement, certification, construction, integration and commissioning, as well as providing classification services under a risk based inspection regime when the FLNG enters service in 202...
Inmarsat emphasized connectivity for seafarers' welfare
A new report looking at crew connectivity on ships has revealed the emotional and operational impact on professional seafarers who are often away for up to six months at a time with limited opportunities to interact digitally with friends and fam...
Fearnley: "LNG tonnage shortage in 2022"
An industry expert predicted an LNG tonnage shortfall of over 60 LNG carriers due to increase in LNG production. Michael Newman from Astrup Fearnley presented such an idea at a recent forum, saying that 2018 orders to date are still insufficie...
SEA/LNG welcomes new members
SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, announced on June 21 that it has welcomed Exeno Yamamizu Corporation (Yamamizu) & Fearnleys AS as...
"LNG would be optimized ship fuel until 2050"
Alexander P. Panagopulos, CEO at Arista Shipping, noted through an interview with a foreign press during Posidonia exhibition in Greece that he expects LNG will remain as the optimized ship fuel until 2050. As the International Maritime ...
Cargill makes efforts to reduce fleet emissions
Cargill has recently announced that the US mega trading company aims to achieve a 15% decrease in carbon emissions from its bulker fleet by 2020, in order to meet the United Nations' (UN's) environmental rules, as well as demands from its custome...
CMA CGM to acquire CONTAINERSHIPS
On June 20, 2018, CMA CGM Group announced the signature of an agreement between CMA CGM and Container Finance Ltd Oy pursuant to which the container shipping and logistics business Containerships (and Container Finance’s holdings in Multi-Link ...
CMA CGM embeds artificial intelligence onboard ships
The CMA CGM Group, a leading worldwide shipping Group, announced its collaboration, since the beginning of the year, with Shone, a San Francisco-based startup that is specializing in the use of artificial intelligence for maritime transportation....
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