The eight, 49,999 deadweight tonne vessels will be built in South Korea at Hyundai Mipo Dockyard and delivered to WFS between 2021 and 2023.
Vessel operating costs have risen on higher insurance cover premiums and COVID-19 related expenses, but are expected to moderate in subsequent years.
According to the notice by Gavin Mark McIntyre, the Director of the companies, Seshadri Rajagopalan and Paresh Jotangia will be the joint judicial managers.
“VPS is here to provide valuable advice on the optimisation of engine performance, asset protection and the reduction of GHG emissions,” it states.
Phase 2 of its Crew Facilitation Centre will be a Centre of Excellence to test-bed emerging technologies that support safer crew change procedures, said MPA.
Creditors of the companies are required to send in their names and address with particulars to the liquidator on or before 31 December 2020.
Captain Daknash Ganasen, Senior Director (Operations & Marine Services), MPA, provides direction on what should players do when providing bunker fuel to a COVID-19 infected ship,...
Report showcases pioneering efforts made by Nordic countries to reduce shipping environmental impact and encourage more cohesive global decarbonisation efforts.
South Korean and Japanese governments have submitted statements to the EU against the application of the EU-ETS for shipping, reports Reuters.
Domestic refiners are especially short of bunker supplies after cutting output or reducing refinery throughput this year because of weaker margins, it said.