Navig8 inks S&LB with AVIC for two TKs
Navig8 Chemical Tankers Inc. (the “Company”) (N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, announced on December 11 that it has entered into sale and leaseback agreements with AVIC International...
Scorpio expressing confidence in tanker market
Scorpio Tankers has expressed its confidence in the sustainability of the recent rebound in the clean tanker market. The company president Robert Bugbee said in an interview that while the recovery has been there quite a long time, the fundame...
BIMCO prepares waves of future
BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution. The two clauses are: BIMCO 2020 Marine Sulphur Content Clause for Time Chart...
Ardmore Shipping announces refinancing
Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced that it has signed binding agreements for the refinancing of three vessels. Ardmore has signed agreements for the sale and leaseback, under a finance lease arrange...
ClassNK Consulting Service brings sustainability services
The Carbon Trust and ClassNK Consulting Service Co., Ltd. have signed an agreement to work together to develop a commercial partnership for offering climate change and sustainability services. The partnership will initially involve the two organi...
INPEX-ADNOC sign MOU on LNG bunkering
INPEX CORPORATION (INPEX) announced that it has signed a Memorandum of Understanding (MOU) with ADNOC Logistics & Services on LNG bunkering partnership in United Arab Emirates. Under the MOU, INPEX and ADNOC L&S, a wholly-owned subsidiary...
Maersk sets net zero co2 emission target by 2050
Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2050. To achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in new inno...
Samskip readies for Brexit
Two years of pre-Brexit investment in North Sea container shipping services is proving decisive in winning shippers away from cross-Channel ferry routes at a critical time for UK-EU relations, according to leading multimodal operator Samskip. ...
Rolls-Royce and Finferries demonstrate autonomous ferry
Rolls-Royce and Finnish state-owned ferry operator Finferries have today successfully demonstrated the world’s first fully autonomous ferry in the archipelago south of the city of Turku, Finland. The car ferry Falco used a combination of Rol...
New Bio-Fuel completed trial
GoodFuels Marine, the world’s first supplier of sustainable low carbon marine fuels, in conjunction with bulker and tanker owner and operator NORDEN A/S, has successfully completed trials of the world’s first zero emission, ‘drop in...
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