The contracts to build six (6) firm plus four (4) vessels were signed in March 2020 but are scheduled to come into effect in September 2020...
The development team will target the commercialisation of electric-powered merchant vessels that adopt world-class propulsion systems at competitive prices, it said.
Construction is estimated to be completed within the 2020 fiscal year and is designed to meet NOx tier III requirements in diesel mode, offering flexibility for...
The vessel will be supplying LNG to sea-going vessels, including CMA CGM’s nine new 23,000-TEU Ultra Large Container Vessels (ULCVs) in Northern Europe, it said.
Shipowners arriving to conduct activities which require shore-based personnel to board the vessel must notify and provide the relevant information in advance, it said.
Sales of marine fuels and lubricants were significantly affected by COVID-19; however, the company increased its market share in various specialised sectors, it said.
Demand is forecast to rise, but figures for next year are still below the 2019 levels; it is not until 2022 that total oil demand is...
The MOU was signed with Korea Bio Energy Association, Hyundai Heavy Industries Co, Korea Shipbuilding & Offshore Engineering Co, and the Korean Register of Shipping.
‘[...] no ships means no supplies, so a collaboration between the shipping sector and local administration is of paramount importance, and needs to be a two-way...
The Singapore-flagged vessel was discovered by the patrol team around 2.15pm in the afternoon 13 nautical miles east of Tanjung Siang in Johor on Thursday (20...