Stena Bulk succeed in bio-fueling [Shipping]
Stena Bulk announced on April 29 that the 49646 deadweight tonne (dwt) MR tanker received the first delivery of Bio Fuel Oil during its recent call at the Port of Rotterdam. The fuel, which GoodFuels launched in 2018, reduces greenhouse gas emiss...
2020-05-07 09:28:29
EMP enters a feasibility study [General]
In another major step towards commercializing its Aquarius Marine Renewable Energy (Aquarius MRE®) solution, Eco Marine Power (EMP) announced on April 30 that it had commenced a feasibility study regarding the installation of the solution onto...
2020-05-07 09:23:57
Austal awarded contract to construct CCPBs [Shipbuilding]
Austal Limited (ASX:ASB) announced on May 1 that Austal Australia has been awarded a A$324 million contract to design and construct six evolved Cape-class Patrol Boats (CCPBs) for the Royal Australian Navy. It is the largest contract for an Au...
2020-05-07 09:21:26
IMO delays further meetings due to COVID-19 [General]
The International Maritime Organization (IMO) announced on April 30 that meetings which were scheduled to be held in July, including the next regular session of the IMO Council, have now been postponed, due to the COVID-19 pandemic.   ...
2020-05-07 09:19:02
DeepOcean's OCV delivered to Norway [Shipbuilding]
It turned out that global subsea engineering service provider DeepOcean's 150m-long offshore construction vessel (OCV) 'Edda Freya' was delivered to the Norway-based yard of French cable manufacturer Nexans in order to load umbilicals. DeepOce...
2020-05-07 09:14:03
Sinan County to build waste collection vessel [Offshore]
The government of Sinan County of Korea has recently announced that it is involved in a project for building waste collection vessel, which is led by the Ministry of Oceans and Fisheries (MOF). Accordingly, the Sinan government has secured projec...
2020-05-07 09:10:13
FSO demand prevents the tanker market from collapsing [Market Information]
Analysts say that while the Floating, Storage and Offloading units (FSO) are preventing the collapse of the tanker market, long-term tanker ton-miles will show a 4% decrease. According to Clarksons Research, more than 100 very large crude oil ...
2020-05-07 09:09:02
FSO demand prevents the tanker market from collapsing [Offshore]
Analysts say that while the Floating, Storage and Offloading units (FSO) are preventing the collapse of the tanker market, long-term tanker ton-miles will show a 4% decrease. According to Clarksons Research, more than 100 very large crude oil ...
2020-05-07 09:08:23
Domestic medium-sized orders increase 31% in 1Q [Market Information]
In the first quarter of 2020, the mid-sized shipbuilding industry's new order intakes and order sales in Korea has been risen by 31% and 8.5%, respectively (year-on-year). The share of orders in the global mid-sized shipping market has also expan...
2020-05-07 09:07:10
Korean mid-sized yards see upturn in orders [Shipbuilding]
In the first quarter of 2020, the mid-sized shipbuilding industry's new order intakes and order sales in Korea has been risen by 31% and 8.5%, respectively (year-on-year). The share of orders in the global mid-sized shipping market has also exp...
2020-05-07 09:06:24
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