Korea to launch 'maritime e-Navigation' in 2020
In 2020, Korea is introducing the intelligent maritime transportation information communication service, utilizing the maritime LTE network (LTE-M) for the first time in the world. The Ministry of Oceans and Fisheries is scheduled to test-oper...
Shell launches new IT platform for used oil analysis
Shell Marine has recently launched a new IT platform for its well-respected used oil analysis programme Shell LubeAnalyst. The launch comes after years of planning and development and is the first step in demonstrating how Shell Marine will digit...
ClassNK certifies cyber security of NYK Group LNGC
ClassNK announced on December 16 that it certified the Cyber Security Management System (CSMS) of NYK Group subsidiary NYK LNG Shipmanagement Ltd. and its managed LNG carrier “PACIFIC MIMOSA”. This is the first CSMS certified by the Society. ...
Cheniere charters in 12 more LNGC newbuildings
Cheniere Energy recently secured 12 LNG carrier newbuildings in mid-to-long term charter deals. The US LNG producer and exporter will see the first ship of them delivered in 2020 with the remaining vessels delivered successively by 2022. Eric ...
Iceland effectively bans HFO in its territorial waters
Iceland's Ministry of Environment and Natural Resources announced regulation on the use of heavy fuel oil (HFO) in its territorial waters. This regulation aims to promote air quality improvement in ports and coastal areas, consistent with the gov...
Aframax tankers rising in European region
Aframax tanker rates have soared to $100,000 level per day in the European shipping market. Market players reported that the rates for aframax tankers on the North Sea to European Continent route have risen by more than $40,000 to reach 111,00...
Owners sought for LNGC newbuilding charter with Shell
Energy major Shell appears to have shortlisted three Asian shipowners as it seeks to secure a bunch of new LNG carriers. According to industry sources Korea's Sinokor is said to be in the frame for long-term charter of four new LNG carriers to...
Nautilus Labs to provide Inmarsat with fleet data
Nautilus Labs announced on December 11 that it signed an agreement with Inmarsat to join a premier group of dedicated application providers for Inmarsat’s Fleet Data service. Nautilus Labs will use the Fleet Data API (Application Progr...
Belships buys Ultramax BC duo
Belships ASA has recently announced that the company entered into two letters of intent for the acquisition of two Ultramax bulk carriers. One 10 year bareboat charter for a 64,000 dwt Ultramax bulk carrier newbuilding. The vessel will be deli...
AET inks DPST charter deal with Shell
AET has been awarded long term contracts for three (3) Suezmax class Dynamic Positioning Shuttle Tankers (DPSTs) by Brazil Shipping I Limited (a Shell Group entity). The company will own and operate these newbuilding Suezmax Class DPSTs for op...
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