Flex LNG seeks additional fleet expansion
An industry expert has recently claimed that a favourable environment is being created for Flex LNG, an LNG carrier operator led by John Fredriksen, to expand its LNG carrier fleet in future. Magnus Fhyr, analyst from Seaport Global Secu...
ICS Launches Guidance 2020 Sulphur Cap
To assist shipping companies prepare for implementation of the UN IMO global sulphur cap for ships’ fuel oil, the International Chamber of Shipping (ICS) has produced – free of charge – some comprehensive guidance on implementation planning...
ABS to classify Singpore bunkering barge
ABS was selected by FueLNG Pte Ltd to class Singapore’s first LNG bunker barge. The vessel is scheduled to begin construction in January 2019. “This project is an important milestone for the region and is a key component of Singapore’s s...
Maersk announces bunker adjustment factor
Maersk recently has sent a note to customers on its new bunker adjustment factor policy, as follows: "Dear customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Whereas today shi...
"60% increase expected in marine fuel costs"
A Korean industry expert has expected that marine fuel costs will sharply increase by the use of low sulfur oil against a backdrop of the International Maritime Organization's (IMO's) 0.5% sulfur cap. Yoon Hee-sung, head of Big Data Rese...
Ice-Breaking LNG Carrier named Vladimir Vize
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that on 11 September, a naming ceremony for an ice-breaking LNG carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Sh...
Chevron launches 2020-compliant lubricants
Chevron Marine Lubricants has developed a brand-new range of cylinder lubricants compatible with virtually all available global sulphur cap 2020 compliance options. As the global shipping industry prepares for the arrival of the global sulphur...
DNV GL releases autonomous operated ship guideline
As digitalization continues to reshape the maritime industry, the first commercial autonomous vessels are due to launch in the next several years. To help build a safety culture around these new technologies, DNV GL has released a new class gui...
Inmarsat confirmed successful VSAT business
The digital transformation of the commercial shipping industry will pass a major milestone this September. Inmarsat has confirmed that the 5,000th ship installation of Fleet Xpress, the world’s only high-speed, globally-available Ka-band ...
CJC welcomes new partner
Well-known maritime lawyer Gareth Williams has joined Campbell Johnston Clark (CJC) as a director of its Singapore office, sustaining the international shipping law firm’s drive to grow by attracting acknowledged experts. Williams, who is a spe...
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