Peel Ports-ASV launched autonomous study group
Peel Ports Group and ASV Global (ASV) have launched a partnership which will develop the use of autonomous vessel technology for UK port operations. The partnership kick started with a visit from ASV’s team to the Port of Liverpool, to demon...
First AMP for larger vessels built in Korea
The construction of Alternative Maritime Power supply (AMP), an onshore facility to provide power to vessels, is completed. Incheon Port Authority (IPA) witnessed the dedication ceremony for Korea’s first high voltage AMP on April 12. The ce...
IMO to halve global GHG emissions
The International Maritime Organization (IMO) has confirmed a plan to halve the global greenhouse gas (GHG) emissions. It is the first international agreement made related to GHG in shipping sector. Via its Marine Environment Prot...
AET-Shell agrees TC for Aframax TKs
AET announced on April 12 that AET Inc. Limited and Shell International Trading and Shipping Company Limited formalised arrangements for the long-term charter of AET’s two newbuild LNG dual-fuelled Aframax tankers. AET’s two 113,000 dwt ve...
Energy transition in the port of Antwerp
Fluxys announced on April 10 that it has taken over the concession in the port of Antwerp at quay 526-528 to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges, in one of the Port Authority's key initiatives to...
BMT-ASV awarded funding to enhance autonomous navigation
BMT in partnership with ASV Global (ASV) is leading a new £1.2million research project to enhance the safety and reliability of autonomous navigation. The project team will use deep learning machine vision systems trained with a unique combinati...
"Maritime fuel go up by 25% in 2020"
A market researching firm predicted that global shipping industry will face 25% of fuel price spike in 2020, or, $24bn. According to Wood Mackenzie’s report on April 11, there will be a huge hike in fuel costs as 2020’s sulphur cap forces ...
Keppel to build Singapore’s first dual-fuel bunker tanker
Keppel Offshore & Marine (Keppel O&M) through its wholly-owned subsidiary, Keppel Singmarine, has secured a contract with Mitsui & Co (Asia Pacific) Pte Ltd (Mitsui AP) to build Singapore's first dual-fuel bunker tanker, to be owned a...
Korea to restore shipping industry
Kim Dong-Yeon, Deputy Prime Minister and Minister of Strategy and Finance of Korea, held the 15th Economic Ministerial Meeting at Central Government Complex, Seoul, Korea, on April 5 and confirmed a 'five-year shipping rehabilitation plan'. Th...
"HMM puts spurs to place new order in 2Q"
In line with the Korean government's five-year shipping rehabilitation plan, Hyundai Merchant Marine (HMM) places orders for supersized ships in earnest within the first half of 2018. The Korean mammoth container line is said to have already been...
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