Shipping
VPS launches new fuel test service
In light of 2018’s increased fuel quality cases and with a view to potential continuing quality issues as we head towards the forthcoming IMO-2020 legislation, Veritas Petroleum Services (VPS) announced new “Additional Protection Service”...
2019-01-16 08:33:51
“Autonomous shipping grows to be $13.8bn market“
An industry research predicted that the autonomous shipping would be a $13.8bn market by 2023. MarketsandMarkets’s recent research revealed that the autonomous shipping is already a $6.1bn market, and compound annual growth rate by 2030 woul...
2019-01-15 15:21:38
"Zero-emission might be mandatory for ships in 20-30 years"
Recently, the largest container carrier Maersk revealed its road map for decarbonization, which envisions the commercialization of carbon-neutral ship by 2030 and carbon neutrality by 2050. To place the plan in a larger picture, it is necessar...
2019-01-15 08:29:08
MOL names JERA LNGC Nohshu Maru
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the naming of a newbuilding LNG Carrier ordered by a JV of MOL and JERA Co., Inc. (President: Yuji Kakimi; Headquarters: Chuo-ku, Tokyo), Trans Pacific Shipping 5 Ltd...
2019-01-14 11:18:30
GasLog reveals SHI LNGC details
Monaco, January 9, 2019 - GasLog Ltd. (“GasLog”) (NYSE:GLOG) provided further detail on the new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“...
2019-01-10 11:31:46
MOL buys Nordic Tankers
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that its group company, MOL Chemical Tankers Pte. Ltd. in Singapore (MOLCT) has agreed with Nordic Tankers LuxCo S.C.A. in Luxembourg (Triton), that MOLCT acquires 10...
2019-01-10 11:06:23
d'Amico makes 1st 'JOLCO' transaction
d'Amico International Shipping (DIS) turns out to have recently signed a Sale and Leaseback (S&LB) contract with one Japanese financial leasing player for one of its LR1 tanker newbuilds.   Under the deal, DIS-affiliated d'Amico ...
2019-01-10 08:31:27
Korea envisioning smart shipping network by 2025
The vision employes high-speed maritime communications, autonomous vessels, and smart port management system to reduce turnaround time from current 40 hours to 24 hours. The Ministry of Oceans and Fisheries (MOF) of Korea revealed such a plan ...
2019-01-09 14:46:43
Marlink expands VSAT services to Transpetrol tanker fleet
Marlink has been awarded a contract renewal to expand its Sealink VSAT service to international ship owner Transpetrol. The renewal secures access to Marlink’s global network and specially-chosen business critical VSAT solutions for the entire ...
2019-01-09 08:55:33
HSFO trades reduced in Singapore
The volume of high-sulphur fuel oil traded in Singapore, one the largest bunkering hubs in the world, has declined by about half last 2018 compared to the previous year, representing that the market prepares for the International Maritime Organiz...
2019-01-09 08:55:05
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