KSS Expands VLGC Fleet With a $148m New-building Order
KSS Line is expanding its fleet with a newbuilding order for up to two VGLCs at HHI.
Deal is for one 86,000-cbm standard...
BHP Fears an Iron Ore Freight Increase by $5/t Ahead of IMO 2020
UK-Australian resources firm BHP estimates that the new International Maritime Organization (IMO) rules, which will lower the sulphur limit in marine fuels to 0.5pc,...
Vitol Building Malaysian Oil Refinery To Meet Compliant Fuel Availability Issues
In a major development,Vitol, the world’s largest independent oil trader, has announced that they have started building a small oil refinery at their storage...
MEPC 74: Shipowners Say Much Work Done, Still More To Do
As the 74th meeting of IMO’s Marine Environment Protection Committee (MEPC 74) closed last month, delegates began to think about the implications of what...
Maersk’s First Phase Share Buy-Back Program
According to a press release published on Global Newswire website, on 3 June 2019, A.P. Møller - Mærsk A/S (the Company) announced the first...
China and Russia Signs Deal To Ship Natural Gas on Arctic Route
Cosco Shipping with Russia's Sovcomflot to haul natural gas across the Arctic route.
Yamal LNG and China Shipping LNG Investment Co., to operate...
Kongsberg Wins LNG and Battery Propulsion Contract for LNG Powered Cargo Vessel
Kongsberg to supply a Power & Propulsion System for the new LNG powered multi-purpose cargo vessel of design MM85CC LNG.
Kongsberg propulsion system...
Dredger Converted To Dual-fuel
Europe's first dredger converted dual-fuel LNG/MGO propulsion has returned to work after signing a 23-month contract.
The dredger named Samuel de Champlain is owned...
Weekly Maritime Security Report – Week 22, 2019
Protection Vessel International has released the Maritime Security Report for Week 22 of 2019. The report formulated on 18th June 2019 highlights the various security...
China Presents World’s First ‘Intelligent’ Mega Oil Tanker
According to an article published in RT, an oil carrier the size of nearly three football fields has been delivered to its new owner...
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