Framework contract will run for a period of four years and currently covers 22 countries in the Mediterranean, Black and Caspian Seas.
As steam replaced sail at the turn of the 20th Century, green energy is set to be the major disruptor that ends oil’s long-term relationship with...
WESP can be integrated into an existing DeSOx tower or installed as a stand-alone unit, for both Open Loop and Hybrid EGCS systems.
Company consumed 2,725,000 metric tonnes (mt) of marine fuel in Q2 2021, 17% higher than 2,333,000 mt of bunker fuel during Q2 2020.
Consortiums led by Keppel FELS, SeaTech and Sembcorp will research, design, build and operate fully electric harbourcraft over next five years.
Mitsubishi Shipbuilding, “K” Line, and ClassNK installs small scale CO2 capture system onboard the Corona Utility for testing during actual navigation.
Backwardation in the Asian 180cst and 380cst HSFO markets has widened to multi-month highs, driven by higher power generation and bunker fuel demand.
Tests expected to complete by the end of August to confirm suitability of produced oil for power and marine end-user markets as bunker fuel.
CO2 emissions and EEOI reference values initially covers standard Baltic vessels trading on dry bulk routes for which it provides spot freight assessments.
The Covid-19 pandemic in India, where the group’s assets of between USD 45 to 60 million, accounting, and reporting capabilities are located have affected expected pace...