Wärtsilä’s Long Term Outlook on EGCS
Wärtsilä orderbook fully booked for the remainder of 2019, and had secured orders for delivery for dates as late as the second half of 2020.
Orderbook evenly split between newbuilds and retrofits, with...
Weekly Tanker Report – Week 30, 2019
The Baltic Briefing has issued the tanker report for the 30th week of this year. The report dated 26th July 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...
New LNG Fueled Tankers Approved by Sovcomflot Approves at Zvezda Shipyard
Sovcomflot is focusing on introducing “green technologies” for energy shipping as part of its strategy up to 2025.
SCF Group has six LNG-fuelled crude oil tankers of Gagarin Prospect type in operation.
Sovcomflot...
ClassNK Give Nods to Onboard IoT Platform
SmartShip is a digital shipping solution for data collection, monitoring and operational advice.
ClassNK’s certification approves the platform as a computer-based system that conforms to the class society’s rules governing a product.
The...
Another Country’s Top Refinery Starts LSFO Production
Viva Energy is now producing IMO2020 grade fuel oil at its Geelong refinery in southern Australia.
Marine fuel used in Australian waters is currently restricted to 3.5% sulfur bar in some ports, which...
MAN Energy Solutions Integrates With MESPAS Connect
One of the world’s largest maritime suppliers, MAN Energy Solutions, has integrated with the electronic procurement platform MESPAS Connect, resulting in faster, easier and more efficient purchasing.
With the integration of MAN Energy...
What’s in Store for LNG Fuel? 9mtpa Increase Says McKinsey
IMO has introduced global limitations on sulphur emissions by ships that have been set-forth by MARPOL on using high-sulphur fuel oil (HSFO).
Solutions include installation of scrubber systems to remove sulphur from the gas stream,...
Ocean Tanker Evaluates IMO-compliant Fuel While FMC Keeps Tabs on LSFO!
Ocean Bunkering Services, a top marine fuel supplier in Singapore has started testing its VLCC with LSFO ahead of IMO regulations.
The demand for low-sulfur marine fuels in Singapore climbed to a record...
U.S. Advises Ships To Keep AIS Turned On!
According to an article published in Reuters, the United States has issued an advisory to all ships to keep their tracking transponders on to cut down on illicit activity and smuggling and to increase...
Diana Shipping Releases 2019 Financial Results for Q2 and H1!
Net income and net loss attributed to common stockholders for the six months ended June 30, 2019.
It amounted to $1.7 million and $1.2 million, respectively, including a $7.5 million impairment loss.
This...