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MEPC 71 – summary of key outcomes
[General]
The International Bunker Industry Association (IBIA) has been fighting the corner for its members at the International Maritime Organization last week as its Marine Environment Protection Committee met for its 71st session. As the meeting drew ...
2017-07-14 07:16:49
OceanSaver won BWTS retrofit order
[Equipment]
OceanSaver, a Norwegian marine supplier won BWTS deal from BP Shipping. The retrofit work will be proceeded by Goltens, a shiprepair and engineering company. According to Goltens, OceanSaver would supply BWTS to BP shipping’s two LNG c...
2017-07-14 07:13:58
‘A new state-run agency should not help shipbuilders’
[Shipbuilding]
A law expert argued that a new ‘Korea Shipping Promotion Agency (tentatively named)’ should avoid supporting shipbuilding industry. Woo Young Jung, managing partner of Lee & Ko and expert in ship finance warned on July 12 at Mari...
2017-07-14 07:13:09
Pakistan increases LNG imports
[Shipping]
Pakistan is expected to significantly increase LNG imports. According to Pakistan's oil minister Shahid Abbasi recently, Pakistan is planning to increase its LNG imports by more than six times over the next five years and to become the world's to...
2017-07-14 07:12:13
Total signs LNG bunker supply with Brittany Ferries
[Shipping]
Total Marine Fuels Global Solutions (TMFGS), bunkering business arm of Total, has announced that it has signed a multiyear contract with Brittany Ferries to supply LNG to the Honfleur cruise ferry in the port of Ouistreham, France. The Honfleu...
2017-07-14 07:11:32
[Feature] LNG-fueled Ship Era Began③
[Shipbuilding]
Due to the strengthening environmental regulations in global shipping industry, competition for industry initiatives is expected to intensify. An industry expert said, "With the nature of the eco-friendly market, shipbuilders should be able to...
2017-07-14 07:10:05
LNG fuel is beating up scrubber as SOx reduction option
[Equipment]
Scrubber retrofit is losing its charm as owners prefer LNG fuel use. According to a report from IHS Markit, an increasing number of owners choose LNG fuel between the two options. Currently, there are 358 vessels in the global...
2017-07-14 07:09:12
SHI drillship delivery date shortened
[Offshore]
Samsung Heavy Industries announced on July 13 that the contract period for one drillship was changed from March 31, 2019 to September 25, 2017. Samsung explained, "The end date had been extended due to the contract extension agreements a...
2017-07-14 07:07:56
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