Damen’s ballast water treatment service expands
Damen announced on December 20 that ship owners are now able to treat their unmanaged ballast water or load cleaned ballast water in eight different Northern European ports using Damen’s unique IMO certified InvaSave ballast water management sy...
Galp carries out first LNG ship refuelling in an Atlantic is...
Galp announced on December 21 that it completed, at the port of Funchal, Madeira, the first ever liquefied natural gas (LNG) vessel refuelling carried out at a Portuguese port, and the first on any Atlantic island. The refuelling of the AIDApr...
Rolls-Royce and MOL to develop intelligent awareness for shi
Rolls-Royce announced on December 21 that it have signed a deal with Japanese multi-modal transport company Mitsui O.S.K. Lines (MOL), to collaborate in the development of its intelligent awareness system. The collaboration will be on board 16...
Euronav and Gener8 announce merger
The Boards of Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) and Gener8 Maritime, Inc. (NYSE: GNRT) (“Gener8”) announced on December 21 that they have reached an agreement on a stock-for-stock merger for the...
DNV GL: Energy changes, but shipping stays
DNV GL announced on December 20 that it published the Maritime Forecast to 2050 which analyses the impact of the changing global energy system on the shipping industry through to 2050. The report explores how the expected shifts in energy product...
HMM eyeing 22,000teu mega boxships
Hyundai Merchant Marine (HMM) is discussing business strategies in ‘2018 strategy meeting’ in presence of Yoo Chang-Keun, HMM CEO, and resident employees abroad from 18 through 22 December. “We achieved many things this year, recovering ...
MPA invests To Promote LNG Bunkering in Singapore
The Maritime and Port Authority of Singapore announced on December 14 that it has injected another S$12 million to boost Liquefied Natural Gas (LNG) bunkering in the Port of Singapore. Half of this S$12 million has been set aside to co-fund th...
MOL-IBM pushs blockchain tech
Sumitomo Mitsui Financial Group ("SMFG", President and group CEO: Takeshi Kunibe), Sumitomo Mitsui Banking Corporation ("SMBC", President and CEO: Makoto Takashima), The Japan Research Institute, Limited ("JRI", President and CEO: Masahiro Fuchiz...
"50 LNGCs need to be ordered in next 6-9M"
While the explosive growth of global LNG market is expected with a projection that LNG output in the world will reach a 400m tons per year level by 2020, about 400 industry players joined 'the 18th CWC World LNG Summit', which was held during Nov...
Trafigura announces 2017 results with expanding fleet
Trafigura Group Pte Ltd, ("Trafigura"), a market leader in the global commodities industry, has announced another year of strong trading performance and profit on December 11. The robust global economy drove strong growth in demand for all the...
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