ASEF to have IMO observer status
The Active Shipbuilding Experts' Federation (ASEF), an international shipbuilding industry group led by Japan, is expected to acquire the observer status of the International Maritime Organization (IMO) that it seems to be possible to reflect voi...
Three new members join SEA/LNG
On August 1, SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, announced the addition of three new members to its coalition. Mitsui & Co., Ltd., NOVATEK ...
SEA/LNG, “More LNG fueled vessels are coming”
Peter Keller, Chairman of SEA/LNG, a multi-sector industry coalition to break down the commercial barriers to the uptake of LNG as a marine fuel said that the global market will see a constant increase in LNG fueled vessels in long term. ...
KR's cyber security service to be accelerated
The Korean Register of Shipping (KR) has recently announced that it will accelerate the provision of cyber security technologies for the fleet of its compatriot shipping companies from the second half of 2017. As the latest information a...
BW LPG to set up new JV
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) and Global United Shipping India Private Limited, have agreed to establish a joint venture in India in which the parties will own 50% each. The purpose of the...
"Government-led policy is needed"
It is pointed out that a government-led policy is necessary to establish a cooperative system in which shipping, shipbuilding and export companies can co-exist. The Korea Maritime Institute (KMI) held a seminar on Strategic Implementation of t...
"Crude tanker cycle will see 2018 recovery"
Teekay Marine Markets say it is coming to the bottom of this current cycle in the tanker market and the market will turn in second half of 2018. Christian Waldegrave, head researcher at Teekay, explained Fleet growth and OPEC cuts made J...
Samskip to take over Nor Lines AS
Samskip announced on July 25 that it will acquire activities associated with Nor Lines AS, in a major expansion of its shipping, transport and logistics businesses in Norway. Subject to approval by Norway’s competition authoritie...
MBS provides flexible procurement service
Having been set up as a solution to the heavy demand for quality and reliable third party procurement services, Marine Buying Services (MBS) is going from strength to strength. With clients hailing from Asia to the Americas and Europe to Austr...
DNV GL releases updated TIER III guide
Classification society DNV GL has developed a new brochure to offer a set of best practices for the design of ships subject to NOx Tier III requirements. It also offers guidance on the considerations that should be taken into account at the newbu...
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