Shipping
SGMF stresses LNG as cleaner fuel option
The Society for Gas as a Marine Fuel (SGMF) announced on March 30 that it has released a video explaining why Liquified Natural Gas (LNG) is currently the only viable solution available that can cut emissions from deep-sea shipping as newer, clea...
2020-04-01 10:41:39
Boxships&car carriers weaken in shipping market
While COVID19 sprayed widely, container ships and car carriers sector will be weakening in the shipping market.  Stephen Gordon, Managing Director of Clarksons Research expected that these sectors have "deepened" over the past weeks as we...
2020-04-01 09:54:14
[Feature] Need for LNG-BV rises amid growth of LNG-fueled ve...
Even amid such a trend, Korea is devoid of large-sized LNG bunkering vessel (LNGBV). The Korean government currently plans to operate 7,500 cbm LNGBV, but this size is not enough to deal with large LNG-fueled vessels. Accordingly, shipping ind...
2020-03-26 09:05:37
[Feature] Need for LNG-BV rises amid growth of LNG-fueled ve...
While the International Maritime Organization's (IMO's) global sulfur cap rule, which requires shipowners to burn 0.5% sulfur-compliant bunker fuel compared with 3.5% sulfur currently, takes effect from January 1 this year, the number of ships wh...
2020-03-25 09:06:48
Saudi Arabia to review bidding for 12 tankers
Saudi Arabia has received initial bids from shipowners to secure up to 12 LNG carriers and is reviewing them. According to industry sources and foreign media, Saudi Arabia's state-owned oil company Saudi Aramco and compatriot shipping company ...
2020-03-23 09:09:48
Flex LNG interested in modern LNGCs
John Fredriksen's LNG carrier operating outfit Flex LNG is interested in acquiring modern LNG carriers.  According to industrial source and TradeWinds, Oystein Kalleklev, CEO of Flex LNG, has recently joined an online investor forum, noti...
2020-03-23 09:08:00
Nine boxships redelivered to HMM
Hyundai Merchant Marine (HMM) takes a total of nine containerships back from global shipping giants. According to Alphaliner, the Korean company's nine vessels of between 10,000 teu to 13,000 teu will be redelivered from their time-charter con...
2020-03-23 09:06:59
Steady operation in the ports ensured
HHLA announced on March 16 that the supply of the population and companies with cargo and goods via the terminal facilities of Hamburger Hafen und Logistik AG (HHLA) is ensured, regardless of the measures in force to protect against the spread of...
2020-03-19 09:19:44
ABB keen to support arctic shipping
ABB announced on March 16 that how ABB technology supports sustainable future for Arctic shipping. High in the Arctic Circle lies the Northern Sea Route, one of the planet’s vital shipping arteries. It cuts a journey by almost a third compared ...
2020-03-18 09:39:46
SM KLC spins off LNG business
SM KLC (Korea Line Corporation) announced through a regulatory filing on March 5 that the Korean shipping giant spins off its LNG transportation and associated businesses in order to set up a new special subsidiary. Such a move aims to enhance...
2020-03-16 09:09:09
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