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Color Hybrid awarded 'Ship of the Year' at Nor-Shi...
[Shipbuilding]
Color Line’s plug-in hybrid ship Color Color Hybrid won Ship of the Year 2019 prize at Nor-Shipping 2019. The ship is under construction at Ulstein Verft for debut in this summer. The ship will run a route between Sandefjord of Norway and St...
2019-06-07 08:49:17
"Shipowners need to consider future fuel"
[Shipbuilding]
Shipowners are advised to consider that ship fuels will be diversified in future when they order new vessel. At Nor-Shipping 2019 this week (June 4-7, Oslo, Norway), Remi Eriksen, CEO at DNV GL, pointed out that the IMO's 2030 greenhouse...
2019-06-07 08:48:43
"Scrubber's competitiveness may not last long"
[Equipment]
After 2020 when the International Maritime Organization's (IMO's) global sulphur cap takes effect, ships operating with scrubbers will enjoy a competitive advantage but that will reduce over time and may last for only a few years, an industry exp...
2019-06-07 08:48:21
HSD Engine inks deal with POSCO
[Equipment]
HSD Engine of Korea signed a contract with its compatriot steel giant POSCO on May 31 for the supply of denitrification catalyst for sintering furnace. With the latest deal, POSCO is expected to reduce ultrafine particles in its si...
2019-06-07 08:47:57
Korean ship exports up by 44.5% in May
[Shipbuilding]
Last May, Korea posted exports of $45.91bn, down by 9.4% year-on-year, as well as imports of $43.64bn, representing a 1.9% y-o-y downturn. As a result, the country achieved the 88th consecutive profitable month with a trade balance of $2.27bn.&nb...
2019-06-07 08:47:17
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