MES-Tsuneishi tie for merchant vessels
Mitsui Engineering & Shipbuilding (MES) of Japan announced on February 1 that it signed a cooperation deal with compatriot Tsuneishi Shipbuilding to collaborate in merchant vessel market. Two parties agreed that while continuing their inde...
Fredriksen vs Troim, 'Bulker Wars'
The rivalry between two Norwegian maritime magnates John Fredriksen and Tor Olav Troim is getting more and more piercing. Both shipowners have recently added newcastlemax orders in Chinese yards. In an interview with TradeWinds, Fredriksen hin...
Port of Gothenburg to build LNG bunkering shop
Construction of a liquefied natural gas (LNG) facility is now under way at the Port of Gothenburg. The facility will open up new opportunities for LNG-fuelled ships that call at the Gothenburg Energy Port. It will become fully operational during ...
BSIC nets two Taiwanese VLOCs
Sources told that Taiwanese operator U-Ming Marine Transport has ordered multiple VLOCs at a Chinese yard on the back of COA with Vale. According to the industry, one of the operators subsidiaries has signed COA with Vale for the 2020-2045 per...
M/Maritime took reins of Japanese BCs
M/Maritime led by Greek shipping magnate Mytilineos recently announced that it will manage three bulkers Japanese shipbuilders are building. M/Maritime explained that the units are two 60,200-dwt ultramax bulkers (Hull No. 1961&1962) built...
Shell predicts LNG fuelling transition
Royal Dutch Shell has recently announced that there will be a significant change in ship fuel sector this year, predicting LNG fuel's elevation to the mainstream market. Arjan Stavast, Business Development Chief at Shell, told the ...
Japanese outfits begin joint discussions on LNG bunkering
Kawasaki Kisen Kaisha, Ltd. (Head office: Chiyoda-ku, Tokyo; President & CEO: Eizo Murakami; hereinafter “K” Line), Chubu Electric Power Co., Inc. (Head office: Higashi-ku, Nagoya; President & Director: Satoru Katsuno; hereinafter Chu...
KT SAT succeeds in Portable-MVSAT pilot service
Korea's only satellite operator, KT SAT(https://www.ktsat.net), announced on January 26 that it has succeeded in trial service of Portable-MVSAT to a FSRU(Floating Storage Re-Gasification Unit) built by Hyundai Heavy Industries, on sea trial. It ...
Shipping industry active in blockchain business
While a trend is developing with global shipping companies in terms of seeing the advantages of blockchain technology, Korea is also focusing on introducing and developing the technology. Last year, in particular, shipping companies in the countr...
New rules emerging for LNG bunkering
Moon Jae-in Administration’s ‘negative regulation’ drive seems to be opening LNG bunkering market in Korean ports. So far, only bunker oil can be provided in Korean port. However, the Administration is about to change that, by amending e...
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