The VLGC delivery is scheduled for the second half of 2021 and includes an option for a second vessel.
Firm now applying for moratorium under section 211C of the Singapore Companies Act for extended protection.
Recent bans and negative sentiment expressed in the press has created uncertainty about scrubbers.
The tugboat Ishin received its first bunker stem of LNG marine fuel at Sakai Senboku Port in Osaka, Japan.
Kumar Balian will oversee technical sales, attend to 2020 queries, and handle OCM’s claims management.
‘We have carefully confirmed the safety of the design and are proud to contribute to this project,’ says spokesman.
New scoring system based on premise of delivery measured against certain VPS benchmarks, Rahul Choudhuri, Managing Director, AMEA, tells Manifold Times.
‘The vessel will return back to operations soon,’ shipowner and operator Star Formula tells Manifold Times.
Trio sold 2.7 mt of MGO to four crew members of a foreign tugboat at sea off Pulau Sudong, Singapore.
Drones to detect sulphur content of marine fuel may be deployed for operations by end of 2019.