Refiners are gearing up for low-sulphur oil
Korean refiners are preparing 2020 SOx regulation with new desulfurization facilities. Hyundai Oilbank has arranged facilities which can refine 150,000 barrels of high-sulphur oil a day into more valuable petroleum products. Oilbank is even ex...
BW LPG proposes to combine with Dorian
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) announced on May 29 a proposal to combine with Dorian LPG Ltd. (“Dorian”) (NYSE: LPG) in an all-stock transaction. Dorian shareholders would receive 2.05 BW LPG sh...
Scorpio Tankers made deal for six PCs
Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced on May 29 that it has agreed to sell and leaseback six MR product tankers (STI Opera, STI Virtus, STI Venere, STI Aqua, STI Dama, and STI Regina) to China Hua...
'19th IALA Conference' held in Korea
The 19th IALA Conference is held from May 27 to June 2 at Songdo ConvensiA Center, Incheon, Korea. The conference has been held by the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) every four ye...
Flex acquires HHI LNGCs
John Fredriksen’s LNG shipping unit FLEX LNG recently announced that it is purchasing two new 174,000-cbm LNG carriers Hyundai Heavy Industries (HHI) is building with its Q1 results. It was said that the units cost $184m apiece, and 20% of t...
"Intuitive timing marked Greek expansion"
Greek fleet has achieved a twofold growth in the stormy business environment ever since the 2008 Financial Crisis. Clarksons estimated that with over $80bn of investments in last 10 years and active S&P engagement, the Greek owners have bu...
IMO takes on the challenge of autonomous ships
Common international rules are a vast subject that covers everything from detailed elements such as decision-support systems for the crew to intelligent, unmanned ships. At the meeting of the IMO’s Maritime Safety Committee in London this we...
Trends in SMMart Shipping
With more than 2,200 exhibitors from 66 countries, and approximately 50,000 industry visitors from over 120 nations, SMM is sure to prove its status as the leading international maritime trade fair. "We want to offer real added value to enterpris...
DSME launches onshore plant
Daewoo Shipbuilding & Marine Engineering (DSME) has recently harvested its first fruit from onshore production facility contract it won back in 2014. DSME has completed and launched its first plant module for TCO project in Kazakhstan on M...
Kalmar and Yara develop world's first fully-digitalized...
Kalmar, part of Cargotec, and Yara have entered into an agreement in which Kalmar will deliver fully autonomous equipment, software and services for a unique, fully digitalised container handling solution at Yara's Porsgrunn facility in Norway. ...
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