Green Marine
Unions, employers give govts one month to sort out crew changes
After extending seafarers’ contracts at sea twice due to the overall challenges for executing crew changes and keeping seafarers safe from exposure to COVID-19, the unions and employers have given governments one month to facilitate crew changes. The deadline was revealed last week following the lat
French-Japanese LNG carrier starts charter with EDF
A brand new liquefied natural gas carrier owned by France LNG Shipping has started a long-term charter with a unit of state-controlled utility EDF. France LNG Shipping is a joint venture consisting of Japanese shipping giant NYK and Geogas LNG, a company controlled by LPG shipper Geogas and European
COVID-19 could be driving force to decarbonise shipping before 2050
The coronavirus pandemic is opening up many new opportunities for the shipping industry, Cristina Aleixendri, COO at bound4blue, said during a video conference hosted by SMM.
Belships: The famously touted ‘spread’ narrowed to insignificant levels
Norway-based bulker owner and operator Belships has so far stayed clear of investing in scrubbers and has no plans of changing its position on the matter. The main incentive for scrubber investments has been so far the price differential between high sulfur fuel oil (HSFO) and low sulfur fuel oil (L
Damen Shiprepair Harbour & Voyage teams up with Verolme Special Equipment on scrubber maintenance
Damen Shiprepair Harbour & Voyage (DSHV), part of the Dutch Damen Shipyards Group, has signed a joint partnership cooperation deal with compatriot equipment manufacturer Verolme Special Equipment for the provision of services to exhaust gas cleaning systems (EGCS), widely known as scrubbers. The agr
Higher bunker costs hurt Hapag-Lloyd’s earnings
German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quarter of this year as it reported lower earnings.
Fincantieri revising delivery dates with owners to mitigate COVID-19 impact
Italian shipbuilding major Fincantieri is focusing its efforts on renegotiating delivery dates of the secured newbuilding orders in order to preserve the acquired backlog. The majority of the company’s clients are looking at their capital expenditures and the possibility of delaying certain projects
Hartmann chooses MAN dual-fuel engines for new LPG tankers
MAN Energy Solutions has won the contract to supply individual MAN B&W ME-LGIP liquid gas injection propane dual-fuel engines to Hartmann’s three new 5,000 cbm LPG tankers.
Sovcomflot’s quarterly profit surges
Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet. Sovcomflot reported a net profit of $116.1 million in the first quarter this year compared to $70.1 million a year ago. Revenue increa
Evac BWTS selected for Irish Lights aids to navigation vessel
Evac Group’s Evac Evolution BWTS has been selected for installation on the ILV Granuaile, an aids to navigation vessel operated by the Commissioners of Irish Lights.
First newbuilding hits the water at Russia’s Zvezda
Russia’s huge new shipbuilding complex Zvezda has launched its first vessel, an Aframax tanker named Vladimir Monomakh. The dual-fuel tanker, running on traditional fuel and liquified natural gas, is designed to carry oil in unrestricted navigation. The ice-class ICE-1A vessel features a length of 2
Vision of Teus van Beek: Moving towards a cleaner future and a sustainable society
The company Wärtsilä means business when it comes to sustainable solutions. “We are taking a pioneering role when it comes to sustainability. But we cannot do it alone. The whole logistic chain needs to be involved. Only together we can make a real impact.” Teus van Beek is General Manager Ecosystem
Scorpio Bulkers delays scrubber installation on 13 ships
Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures. The bulk carrier owner said that the move is expected to delay the payment of between $
MacGregor equipment for new Edda Wind offshore wind service vessels
Cargotec’s MacGregor has received orders to provide equipment to four offshore wind service vessels for Edda Wind, Østensjø Group’s offshore wind business unit. Two of the equipment packages were awarded by the Spanish Astilleros Gondán, who is building the zero-emission prepared commissioning servi