With strengths in their respective regions, the coalition is a progression to benefit companies that choose LNG as their bunkering option in the Baltic Sea.
A comprehensive LNG bunkering fuel supply agreement has been signed with Shell to guarantee that all Volkswagen Group voyages will utilise exclusively LNG fuel.
Despite narrowing price spread between HSFO and VLSFO, stakeholders anticipate increased uptake of scrubbers for larger ships as returns are still attractive, says DNV GL.
Vessels that will be supplied with Gasum’s blend of renewable maritime fuel are the time-chartered tankers Tern Ocean and Thun Evolve.
Trials successfully executed despite the COVID-19 pandemic through careful planning and remote electronic communications; estimated delivery by end of April.
Jiangnan Shipbuilding positioned the CMA CGM vessel’s 2,200 mt engine and other components in record time with five large cranes and an approximate hundred smaller units.
Despite many difficulties caused by the COVID-19 pandemic, the company managed to gain customer confidence and cinch two deals worth RMB 160 million, it said.
Titan LNG to monitor COVID-19 situation based on approved guidelines and situation reports in order to optimise normal working rhythms and a healthy economy.
Partnership aims to help reduce shipping emissions through LNG bunkering while enabling the adoption of LNG as marine fuel for ships engaged along the trans-Pacific route.
Company spokesman for Torm notes of ‘minor delay’; while scrubber installations of DHT Holdings and Swedish Stena Bulk have been respectively postponed.
