TORM has purchased 75% ownership from the present owner and founder, Jens Peter Faldt, with him maintaining 25% ownership of MEP and continuing his role as...
“M/T Amore Mio”, built by Hyundai Samho Heavy Industries, is the first of two ammonia and LNG fuel ready sister ships to be delivered in 2022,...
Company expects to complete the retrofit programme on vessels, which are of Eco-design and built between 2015 and 2018, during Q1 2023.
Ship is the 13th of 14 11,000 TEU newbuildings ordered by the firm and will be deployed on the firm's Trans-Pacific service PN3 after its delivery...
Company is pursuing a vessel upgrade programme during dry-dockings, investing about USD 2.2 million for 2022, which involves environmental upgrades including using low friction paints.
Scope of supply under this contract will include design, manufacture and installation of exhaust gas scrubber systems on three tanker vessels.
BIMCO’s Chief Shipping Analyst Niels Rasmussen looks at the price spread between HSFO and VLSFO and the advantage of having a scrubber installed.
Carbon Collectors is currently designing a custom fleet of power-efficient tugs with the construction of the first vessels scheduled to start in the first quarter of...
Filter and carbon capture system will be now be installed on JR Shipping’s container feeder vessel “MV Energy”, in addition to “MV Endeavor”.
LNG as bunker fuel has lost its competitiveness to conventional fuels with operators of LNG vessels increasingly buying VLSFO and LSMGO, shows report.
