ODFJELL-Sinochem signs charter deal
Odfjell SE announced on November 14 that it signs Framework Agreement with Sinochem Shipping Singapore Pte. Ltd to take 4 stainless steel vessels on long-term bareboat charters and to form a pool of 8 chemical tankers. Odfjell SE ("Odfjell") h...
"LNG shipping expected to be active"
While global demands for LNG are rising recently, it is expected that sea LNG trades will be active in the long term. Greek LNG carrier owner GasLog announced through its 3Q market report, "There has been continued momentum in the start-up of ...
BV to class CMA CGM’s ULCSs
Bureau Veritas (BV) announced on November 8 that it has been awarded the responsibility for classification of CMA CGM’s new 22,000 TEU containerships. The decision for the nine ships to be fuelled by liquefied natural gas (LNG) has been careful...
Wilhelmsen eyes efficiency with DNV GL
DNV GL announced on November 7 that Wilhelmsen is exploring concrete ways of leveraging their data on DNV GL’s Veracity industry platform. In one of the first data sharing pilot projects on the new open platform, Wilhelmsen is testing a system ...
Maersk, "No new orders for a while"
Denmark's A.P. Moller-Maersk expects to conclude the acquisition of German containership operator Hamburg Sud for the rest of this year, pointing out again that it has no plan to order new ships any time soon. During the company's 3Q ear...
PIL takes delivery of two container vessels
Pacific International Lines (PIL) Group, Singapore’s leading containership operator, announced on November 7 that the company is to take delivery of two new 11,800 TEU container ships on October 26, 2017. The two vessels are among the fleet ...
Scorpio Bulkers inc. acquires multiple BCs
Scorpio Bulkers Inc. announced on November 6 that it has entered into two separate agreements with unaffiliated third parties to acquire three Ultramax dry bulk vessels and one Kamsarmax dry bulk vessel for an aggregate of $90 million, of which $...
SM Line introducing Blockchain to sea
Korean shipping company SM Line announced on November 7 that it completed a voyage of a vessel with ‘Blockchain technology.’ SM Line is a part of a consortium for the application of blockchain in marine logistics with Samsung SDS, and no...
WWEA-IWSA to promote wind shipping
The World Wind Energy Association (WWEA) announced on November 2 a key strategic partnership with the International Windship Association (IWSA) in order to further promote the uptake of wind technology by the global shipping fleet. WWEA is a n...
HMM-KMI to deal with shipping rules
Hyundai Merchant Marine (HMM) and the Korea Maritime Institute (KMI) made a business agreement on November 3 for mutual R&D collaboration. A signing ceremony for the agreement was held on the day at an office building of HMM, Jongno-gu, Se...
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