Arab Shipbuilding and Repair Yard Company (ASRY) has completed a scrubber retrofit project in a record 29 days, the shipyard said. Shipowners have been investing heavily in the installation of scrubbers on their ships as a way of meeting the IMO 2020 sulphur cap that entered into force on January 1,
Monaco-based tanker owner and operator Scorpio Tankers has secured additional liquidity having received new loan commitments for debt repayment. The company said it had received a commitment for a new credit facility for up to $225 million. The loan, still to be finalized, is expected to consist of
Germany’s Hamann AG is supplying sewage and wastewater management systems for three new US regional-class research vessels (RCRV) currently under construction at Gulf Island Shipyards in Houma, Louisiana, USA.
Crude oil tanker company DHT Holdings has postponed the installation of scrubbers on five of its ships, leaving the ships to trade for a while longer and reap fruit from a strong tanker market. The company currently has 13 ships fitted with scrubbers out of the planned 18 very large crude carriers s
Norwegian company Fjord Shipping has entered into a deal with German technology group GEA to equip one of its vessels with GEA BallastMaster marineX. The ship in question is a small oil and chemical tanker named Key South, built in 2010. The BallastMaster marineX is a product GEA made in partnership
Capesize shipowner Seanergy Maritime Holdings Corp. has entered into a time charter agreement with commodity trading and mining company Glencore for an additional Capesize vessel.
The United States Coast Guard (USCG) Marine Safety Center (MSC) has issued its 30th ballast water management system (BWMS) type approval certificate to the US-based manufacturer Hyde Marine.
Swedish engineering group Alfa Laval saw a significant drop in demand for its exhaust gas cleaning systems (scrubbers) during the first quarter of this year, the company said in its quarterly report. The order intake was down year-on-year amid general uncertainty around retrofit yard slot availabili
The transition of the global shipping industry to fuels compliant with the IMO 2020 sulphur cap seems to be running smoothly with marginal non-compliance issues. According to the Port of Singapore, the world’s largest bunker hub and one of the largest trading hubs in the world, about 96% of the ship
Greek tanker owner and operator TOP Ships has acquired a 50 per cent interest in two companies that own two ultra-high specification scrubber-fitted 50,000 dwt eco MR product tanker newbuilds.
South Korean shipping major HMM has held a naming ceremony for the first of its twelve 24,000 TEU containerships. The HMM Algeciras, described as the world’s largest boxship, was named at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo shipyard in Geoje, Korea. The ceremony was presided by th
German container shipping major Hapag-Lloyd has cut its CO2 emissions per TEU kilometre by 50 percent when compared to the reference year of 2008, the company said. The goal was achieved through economies of scale as the company introduced bigger and more efficient ships with improved water resistan
Crowley Fuels LLC, wholesale fuel transportation and sales division of US-based Crowley Maritime, took delivery of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB) from Bollinger Shipyards. The vessel will be used to transport multiple clean petroleum products for the Alaska market a
The Finnish technology group Wärtsilä has reported a 12 percent order intake fall during the first quarter of 2020 as a result of the global measures aimed at curbing the spread of the COVID-19 pandemic. The order intake was worth EUR 1.2 billion when compared to EUR 1.4 billion in the same period l
