Rolls-Royce/AXA inventing insurance for autonomous sailing [Finance]
UK tech outfit Rolls-Royce announced on May 14 that it has signed LOI with French financial firm AXA Corporate Solutions to develop risk management products for autonomous shipping, by combining Rolls-Royce’s Ship Intelligence systems and equip...
2018-05-18 06:49:36
"When LNG overtakes oil-based fuels?" [General]
While it is expected that more than 200,000-boe (barrels of oil equivalent) LNG fuels will be spent every day for ship operation in 2020, LNG fuels are not likely to overtake oil-based fuels until the 2040s.   Alphatanker, a Paris-ba...
2018-05-18 06:48:57
Korea aims to lead LNG-fueled ship era [General]
Kim Dong-Yeon, Deputy Prime Minister and Minister of Strategy and Finance of Korea, held the 7th Economic Ministerial Meeting at Central Government Complex, Seoul, Korea, on May 17 and confirmed a 'plan to boost LNG-fueled ship business'.  ...
2018-05-18 06:47:55
Sinokor books up to 20 BCs at Jinhai [Shipbuilding]
Sinokor Merchant Marine is reported to have ordered up to 20 Newcastlemax bulkers from Jinhai Intelligent Manufacturing (formerly known as Jinhai Heavy Industry).  According to a foreign media outlet, Sinokor awarded 4+16 new 208,000 dwt ...
2018-05-18 06:47:00
Japan’s April clouded with 37% export decline [Shipbuilding]
Japanese shipyards’ new export ship orders by April this year accounted to a total of 68 units, 3.4m gt (1.44m cgt), improving only 6% from the same time last year in terms of gt. This is a slowdown from 1Q yoy improvement, 21%, with weak April...
2018-05-18 06:46:30
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