Wallem Group OEM Awarded To MAN PrimeServ
MAN PrimeServ has signed an Original Equipment Manufacturer agreement with Wallem Group.
The company will provide service and supply parts to its main engines, generators, and turbochargers aboard vessels managed by Wallem.
The...
[Watch] China Launches World’s First Smart Oil Carrier
China launched the world’s first intelligent mega tanker 55 meters high, 300 meters long, roughly the size of three mega football fields, with a capacity of 308,000 tons.
A part of the fleet...
Asia LNG Cargoes Trade Below $4 After Couple of Years
Cargoes of liquefied natural gas are trading in Asia below $4 per million British thermal units for the first time in several years, as new supply floods the global pool and as demand from...
AAL Prepares for IMO 2020 Regulation
Singapore-based multipurpose shipping company AAL shipping plans to move forward over the coming weeks and months to fully prepare for the important milestone in the shipping and maritime sector by using low sulphur fuel,...
GeoSpock Collaborates With SGX To Bring Insights on Maritime Air Emissions
GeoSpock will partner with SGX to build an advanced global maritime spatial database with the Baltic Exchange to focus to global maritime air emissions.
The digital programme will commence with a specific focus...
Weekly Bulk Report – Week 31, 2019
The Baltic Briefing has released a report about the dry bulk market of the 31st week of shipping activities of this year. The report dated 2nd August highlights the fate of the dry bulk...
IMO Nods To the Carbon Emissions Target
The International Maritime Organization’s (IMO) future emissions strategy calls for a reduction in total greenhouse gas (GHG) emissions of at least 50% by 2050.
IMO has set a long-standing mandate to contribute to...
Department of Energy Authorizes LNG Exports from a New Project
The U.S. DOE approves a new project in Mississippi for the exports of liquefied natural gas.
Gulf LNG Liquefaction Company would have authority to export up to 1.53 billion cubic feet per day...
MOL Looks at Synthetic Methanol as An Alternative To Fossil Fuel
Synthetic methane, or methanation fuel, is generated by methanation technology that combines CO2 with renewable energy-derived hydrogen.
The CCR Study Group works on methanol fuel with the objectives of proposing effective carbon neutral...
MOL Maintains Profit Forecast Despite Q1 Negative
Mitsui OSK Lines (MOL) remained in the black in the first quarter ended 30 June 2019 with a $113.8m and has maintained its full year profit forecast, says a press release published on their...