Rotterdam booms in bunkering
LNG bunkering booms in Rotterdam In 2017, Port of Rotterdam saw a huge leap in LNG bunkering activity, from 2016’s 100 tons to 1,500 tons. According to foreign media, such a hike is affected by Wes Amelie, 1,036-teu container ship. The wo...
SCF-Shell pioneer adoption of LNG
SCF Group (PAO Sovcomflot) has announced on February 20 that it signed time-charter agreements with Shell for two dual-fuelled Aframax tankers, which mark a historic turning point that sets new environmental standards for the global tanker indust...
BIMCO: economic growth supporting shipping
BIMCO announced its macroeconomic analysis on February 19, stating that shipping will benefit from global economic growth. The following is the analysis. The International Monetary Fund (IMF) has published its World Economic Outlook for Januar...
Vesper Marine's AIS-based Guardian
Vesper Marine announced on February 15 that its innovative AIS-based Guardian:protect system has successfully helped alert over 8000 vessels over nine months to avoid navigating around a dangerous shipwreck at Singapore port. The salvage op...
Gulf Nav has fleet expansion plan
Gulf Navigation is planning to carry out a large scale fleet expansion. On the strength of $250m funds raised by issuing new shares this month, according to foreign press and industrial source, the Dubai-based tank operator plans ...
"Lack of LNGCs expected by 2021"
It is expected that up to 65 new LNG carriers could be needed before 2021 even though half the planned new liquefaction projects are realized. Morgan Stanley Research forecasted through its recent '2018 Maritime Outlook' that demands from LNG ...
"Unmanned ship still needs more time"
Soren Skou, CEO at A.P. Moller-Maersk has recently noted through an interview with a foreign press, "Even if the technology advances, I don’t expect we will be allowed to sail around with 400-meter long container ships, weighing 200,000 tonnes ...
'Building law-abiding autonomous ships'
Coming April is expected to see global discourses forming for legal aspects and standardization of autonomous shipping. According to the industry, IMO Legal Committee is going to discuss legalities of the introduction of autonomous...
IMO-EBRD sign new partnership to support sustainable shippin
The International Maritime Organization (IMO) announced on February 2 that it has signed a new partnership agreement with the European Bank for Reconstruction and Development (EBRD). The agreement will help promote sustainable shipping through a ...
Marathon increases LSFO capacity
Marathon Petroleum, the second largest US refiner, recently announced that it will make additional investments on its facilities to respond to increasing LSFO demands. Garyville Refinery, mentioned as the investment target, is Marathon’s lar...
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