Yearly Archives: 2019
Scorpio Bulkers Inc. Announces Sale and Leaseback Agreements!
Scorpio Bulkers has agreed to sell and leaseback seven vessels that include three Ultramax and Kamsarmax vessels.
The company’s liquidity is expected to increase...
LNG Containment Systems; Options Increase As 2020 Draws Near!
New containment systems could accelerate LNG bunker vessel builds as a deadline for IMO’s 2020 sulphur cap just months away.
LNG as a marine...
Major Hubs Missing As Another Oil Giant Announces 2020 Fuel Plans!
Fujairah and Houston are touted to be the major bunker hubs with one not offering its 0.5% very low sulphur fuel oil.
BP Marine...
German-Owned Ship Detained at Port Kembla! Crew Alleges Mistreatment!
According to ABC News, Australia's maritime safety watchdog has detained a German-owned cargo ship on the NSW south coast while it investigates several complaints...
Endesa Charters Gaslog Warsaw in US LNG Supply Deal
Endesa and GasLog, signed an eight-year charter agreement for the maritime transport of the company's LNG acquisitions after May 2021.
Endesa will receive...
Shell Ships First Condensate Cargo from Prelude off Western Australia
Royal Dutch Shell shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia.
Shell had hoped...
Shipping Companies Banking on Gas Carriers As LNG Demand Grows
Demand has grown sharply in Asia and in the U.S. as improved hydraulic fracturing technology has made drilling for both shale oil and...
Shipowner’s First Ship Recycling Transparency Initiative Report
The first report of the Ship Recycling Transparency Initiative (SRTI) indicates a growing movement stepping up the pressure on shipowners to disclose their approaches...
Maersk Round Trip To Test Emission Reduction Target
Maersk ship Mette Maersk commences on a round trip trial of commercially viable biofuel testing.
The biggest biofuel testing of the world will...
IMO 2020 : ExxonMobil Sights Marine Fuels Business Prospects
The IMO responsible for the safety and environmental performance of the shipping sector, has set sulphur cap to reduced sulfur emissions by over...