Yara Marine expands to China
Yara Marine Technologies has officially opened its new office in Shanghai to meet increasing demand for exhaust gas cleaning systems for newbuilds and retrofit projects. “A large percentage of scrubber installations will be executed in the A...
ADNOC completed LPG-Propylene co-loading
The Abu Dhabi National Oil Company (ADNOC) announced it has safely completed the first co-loading of Liquefied Petroleum Gas (LPG) and Propylene onto the same vessel, which was docked in Ruwais, the United Arab Emirates (UAE). Under norm...
Containerships received LNG boxship
Containerships announced the delivery of its first LNG-powered container vessel, M/S Containerships Nord. She was delivered to Containerships at Wenchong Shipyard, China, on 12.12.2018. Containerships’ LNG-story started in 2013, when the dec...
Indian operator to retrofit the fleet
Great Eastern Shipping (GE Shipping), a Shipping company of India is planning to invest up to $50m to retrofit its fleet for the next four years. The company CFO and Executive Director Shivakumar commented in an interview that it is spending a...
"Korea to support over 60 NBs in 2019"
Minister of Oceans and Fisheries Kim Young-choon has recently noted that the number of new ships the Korean government will order in 2019 will reach a 60 level, up against this year. During a press conference held on December 13, he comm...
Navig8 inks S&LB with AVIC for two TKs
Navig8 Chemical Tankers Inc. (the “Company”) (N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, announced on December 11 that it has entered into sale and leaseback agreements with AVIC International...
Scorpio expressing confidence in tanker market
Scorpio Tankers has expressed its confidence in the sustainability of the recent rebound in the clean tanker market. The company president Robert Bugbee said in an interview that while the recovery has been there quite a long time, the fundame...
BIMCO prepares waves of future
BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution. The two clauses are: BIMCO 2020 Marine Sulphur Content Clause for Time Chart...
Ardmore Shipping announces refinancing
Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced that it has signed binding agreements for the refinancing of three vessels. Ardmore has signed agreements for the sale and leaseback, under a finance lease arrange...
ClassNK Consulting Service brings sustainability services
The Carbon Trust and ClassNK Consulting Service Co., Ltd. have signed an agreement to work together to develop a commercial partnership for offering climate change and sustainability services. The partnership will initially involve the two organi...
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