Maersk setting course to low-sulfur fuel
It seems Maersk almost fixed its mind to choose low-sulfur fuel option for its 2020 strategy. The company and Vopak, one of the largest tank terminal operator in the world, announced on August 20 that they signed an agreement for the establish...
Maersk continuously makes boxship records
AP Moller-Maersk operates containership in the Northern Sea Route (NSR) for the first time in the world. According to industrial sources, the Danish shipping giant will deploy 3,600 teu ice-class 'Venta Maersk' in the Arctic sea route within t...
BoComm buys 10 BCs from Germany
BoCom Financial Leasing (BoCom FL), a wholly owned subsidiary of Bank of Communications (BoCom), is said to have agreed to buy 10 Supramax bulkers from one German bank. While the price is unknown, according to industrial sources and Trad...
Fuel regulation stimulates LNG adoption
It seems growing global fuel regulation regime is stimulating the adoption of LNG as the marine fuel of choice, with major global ports preparing LNG bunkering services. UBS recently predicted that the ‘green shipping’ will grow into a $25...
"Compliant fuel will seize the market"
Some of the industry argued that owners prefer compliant fuels among various options. UBS recently predicted in a recent report that only a 2% of the global fleet will equip scrubbers by 2020. In a survey of shipping executives, 68% commented ...
Delivery of North America’s first LNG bunker barge
Conrad Industries, Inc. (OTC Pink: CNRD) announced the successful completion and delivery of the Clean Jacksonville, the first LNG bunker barge built in North America. The Clean Jacksonville was constructed in Orange, TX, at Conrad Orange Shipyar...
Maersk and Vopak to launch bunkering facility in Rotterdam
A.P. Moller - Maersk and Royal Vopak, an independent tank storage operator active in the heart of Rotterdam’s bunker environment, have agreed to this first joint initiative which will cater for circa 20% of Maersk global demand, enabling A.P. M...
GasLog announced newbuilding project
Monaco, August 20, 2018 — GasLog Ltd. (“GasLog”) (NYSE:GLOG) announced the signing of two new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“...
Eco-friendly bulk carrier Haaga delivered
The next-generation bulk carrier Haaga has today been delivered to ESL Shipping from Jinling Shipyard in Nanjing, China. ESL Shipping is part of the Aspo Group. The 160-meter, 25,600 dwt, LNG-fueled vessel generates less than 50% of the carbon di...
Dubai ranked among top five shipping hub
Dubai has scored a new milestone in its bid to cement its leadership in the international maritime sector after it was selected as one of the world's top five in the International Shipping Centre Development Index (ISCD). Backed by legal and legi...
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