Costa Cruises completes first LNG bunkering in Italy
Costa Cruises, the leading cruise line in Europe, announced on October 26 that another milestone for Costa Smeralda, the line’s first ship powered by liquefied natural gas (LNG), with an LNG bunkering operation successfully performed on Octob...
EPS nets 15-year VLEC charter deal with STL
Eastern Pacific Shipping (EPS) announced on October 23 that it has won a bid to purchase, build, and operate four 98,000 cubic meter VLECs for China-based Zhejiang Satellite Petrochemical (STL). The vessels will be carrying ethane from the US Gul...
Global Panamax rates on the rise
It emerged that Panamax [4,000 teu] rate has hit the highest level in 10 years. According to industry sources, Peter Dohle Schiffahrts-KG of Germany has signed a time charter contract with Mediterranean Shipping Company (MSC) of Switzerland fo...
K Line & partners commence LNG bunkering business
Kawasaki Kisen Kaisha, Ltd. (“K” Line), announced on October 21 that it has commenced LNG bunkering business in the Chubu region through its joint venture company (Note 1) with JERA Co. Inc. (JERA), Toyota Tsusho Corporation and Nippon Yusen ...
Vestdavit bags long-term service deal with NOAA
Leading boat launch and recovery systems supplier Vestdavit announced on October 16 that it has secured a far-reaching frame agreement to provide service, support and spares for the variety of marine davits it has supplied to the National Oceanic...
BW LNG&Burckhardt Compression agree LNG carrier partnership
Burckhardt Compression announced on October 20 that BW LNG and Burckhardt Compression signed a ten-year service agreement covering nine LNG carriers with Laby®-GI Compressors on board. Building on their existing long-term relationship, the two c...
KSS Line invests in IoT and VSAT for fleet efficiency
Hyundai Global Services (HGS) has announced on October 20 that it has signed a contract to deliver its Smart Ship and Satellite Communications package to KSS Line shipping fleet supported by Inmarsat’s Fleet Xpress and digital solution Fleet Co...
CMA CGM JACQUES SAADE sets world record
The CMA CGM Group announced on October 18 that the CMA CGM JACQUES SAADE clearly demonstrated the CMA CGM Group’s commitment to energy transition in the shipping industry, featuring a host of innovations. LNG is currently the industry’s best ...
Korean LNG bunkering center established
It turned out that PUKYONG National university plans to pioneer LNG bunkering system for small-sized ships field and clean fuel marine transport system industry. According to industry sources, PUKYONG National LINC+ enterprise organization r...
Stena Bulk to facilitate sea trial with biofuel oil
Stena Bulk announced on October 14 that it has just completed a successful sea trial together with ExxonMobil, testing the company’s first marine bio fuel oil in commercial operation. The trial included evaluation of on-board storage, handling ...
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