Korea sees 41% downturn in NB deliveries [Shipbuilding]
It emerged that a total of global shipyard output from January to July 2018 stood at 804 vessels of a combined 51.50m dwt (19.70m cgt), representing 27% and 16% year-on-year downturn in dwt and cgt terms, respectively.  It is also expecte...
2018-08-23 07:23:25
"Compliant fuel will seize the market" [Shipping]
Some of the industry argued that owners prefer compliant fuels among various options. UBS recently predicted in a recent report that only a 2% of the global fleet will equip scrubbers by 2020. In a survey of shipping executives, 68% commented ...
2018-08-23 07:22:44
HHI-HSHI go divided combination [General]
Hyundai Heavy Industries (HHI) and Hyundai Samho Heavy Industries (HSHI) boards decided to go divided combination to solve governance problems. The boards of the two companies decided on August 22 to divide HSHI into investment body and operat...
2018-08-23 07:22:10
Delivery of North America’s first LNG bunker barge [Shipping]
Conrad Industries, Inc. (OTC Pink: CNRD) announced the successful completion and delivery of the Clean Jacksonville, the first LNG bunker barge built in North America. The Clean Jacksonville was constructed in Orange, TX, at Conrad Orange Shipyar...
2018-08-22 07:27:29
Maersk and Vopak to launch bunkering facility in Rotterdam [Shipping]
A.P. Moller - Maersk and Royal Vopak, an independent tank storage operator active in the heart of Rotterdam’s bunker environment, have agreed to this first joint initiative which will cater for circa 20% of Maersk global demand, enabling A.P. M...
2018-08-22 07:26:45
GasLog announced newbuilding project [Shipping]
Monaco, August 20, 2018 — GasLog Ltd. (“GasLog”) (NYSE:GLOG) announced the signing of two new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“...
2018-08-22 07:26:15
Eco-friendly bulk carrier Haaga delivered [Shipping]
The next-generation bulk carrier Haaga has today been delivered to ESL Shipping from Jinling Shipyard in Nanjing, China. ESL Shipping is part of the Aspo Group. The 160-meter, 25,600 dwt, LNG-fueled vessel generates less than 50% of the carbon di...
2018-08-22 07:20:01
Mitsubishi to acquire interest in LNG terminal Bangladesh [Offshore]
Mitsubishi Corporation (“MC”) has agreed to acquire a 25% interest in Summit LNG Terminal Co (Pvt) Limited (“SLNG”) and to develop a Liquefied Natural Gas (LNG) receiving terminal that uses a Floating Storage and Regasification Unit (FSRU...
2018-08-22 07:19:24
Marlink to deliver smart fuel solution [Equipment]
Dutch start-up We4Sea leverages big data and Marlink’s global multi-band satellite network to reduce fuel consumption and emissions as 2020 sulphur cap draws closer  Marlink has signed a partnership agreement with We4Sea, establishing a...
2018-08-22 07:17:50
Dubai ranked among top five shipping hub [Shipping]
Dubai has scored a new milestone in its bid to cement its leadership in the international maritime sector after it was selected as one of the world's top five in the International Shipping Centre Development Index (ISCD). Backed by legal and legi...
2018-08-22 07:16:50
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