Green Marine
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
Shell in Dutch, French LNG bunkering firsts
Royal Dutch Shell has taken part in two liquefied natural gas bunkering operations in the French port of Marseille and in the Dutch port of Rotterdam. In the Port of Marseille Fos, Shell and Carnival carried out the first-ever ship-to to ship LNG bunkering operation in France supplying fuel to the 2
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
Hyundai Mipo Dockyard hands over 1st of four new bulkers to Bahri
Hyundai Vietnam Shipbuilding (HVS), a subsidiary of Hyundai Mipo Dockyard Co. Ltd. (HMD), has delivered a new dry-bulk carrier to the national shipping carrier of Saudi Arabia Bahri. The bulk carrier, named Sara, increases the company’s fleet of dry-bulk carriers to six ships in line with its effort
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.
ST Engineering unveils LNG-powered catamaran design
Singapore’s ST Engineering has launched a new design for a dual fuel LNG-powered catamaran fast crew boat optimised for crew transfer in the offshore sector. ST Engineering’s marine arm developed the 76 meters long catamaran in a collaboration with Australia’s marine engineer Incat Crowther. The ves
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.
NYK’s autonomous ship framework gets ClassNK AiP
Classification society ClassNK has granted AIP to NYK Line and its group company MTI Co., Ltd. for their joint project on the concept design of an autonomous ship framework.
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
Tanker fire kills seven at shipyard in Indonesia
Seven people died after an Aframax tanker undergoing maintenance at a shipyard in Indonesia caught fire on 11 May 2020.
ITF: 15 Seafarers abandoned on LPG tanker
A Spanish-flagged LPG tanker is anchored in Manilla Bay, the Philippines without a rudder and a crew of 15 seafarers running low on supplies, electricity, and wi-fi, the International Transport Workers’ Federation (ITF) informed. The ITF said that the 7,600 gross tonnage MV Celanova, owned by GLOBAL