IKEA, CMA CGM to test bio-fuel
IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have today announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The tes...
SEA/LNG welcomes first NA port member
The Vancouver Fraser Port Authority has joined SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. The Vancouver Fraser Port Authority is the federal agency...
BP introducing new MARPOL-compliant fuel
BP Marine has announced that it will begin to retail low sulphur fuel that meets new MARPOL regulations limiting the sulphur content of marine fuels. BP is introducing a new very low sulphur fuel oil (VLSFO), with a maximum 0.5% sulphur content, ...
Wight delivers ferry to MBNA Thames Clippers
UK shipbuilder Wight Shipyard Co has completed its third and largest vessel for MBNA Thames Clippers, the first Hunt Class Mk3. The 38m Venus Clipper has been built to a ten-month build schedule and is reflective of the increased business the yar...
Diana Shipping nets time charter for BC
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ...
Rates plummeting sharply so far this year
Early 2019 market is witnessing a sharp drop in shipping rates. Clarksons analyst Sarah Holden commented that Clarksons’ shipping index ClarkSea index (cross-sector) has dropped by 40% as of mid-February compared to the peak in December. Hol...
Korea promotes LNG bunkering cluster
Gyeongsangnam-do had a presentation on study for LNG bunkering cluster on March 4 at the office building of Gyeongsang-do Provincial Government, Changwon-si, Gyeongsangnam-do, Korea. On the day, officials from the Korea LNG Bunkering Industry ...
"LNG does offer pathway to IMO 2050"
SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, believes LNG is a viable pathway to meet the International Maritime Organisation (IMO)’s 2050 Greenhouse ...
WFS increases bunker capacity in at Gibraltar
World Fuel Services (WFS), via its fully owned subsidiary Gib Oil Limited, has extended its capacity in the port of Gibraltar with the addition of two barges to its physical bunker operations. The barges, dedicated to Marine Gasoil...
KOGAS-ADNOC expand cooperation
Korea Gas Corporation (KOGAS) announced on February 26 that it signed a memorandum of understanding (MOU) with the Abu Dhabi National Oil Company (ADNOC) at Shilla Hotel, Seoul Metropolitan City, Korea, for expanding their cooperation in LNG mark...
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