The premium of LSMGO over VLSFO in Singapore has averaged $6.58/t so far this month, down from as high as $55/t in July this year, reports...
The vessels are being built by Guangzhou Shipyard International and will be chartered by Total on long term time charters with fixed earnings upon delivery in...
ClassNK’s DSS notation was developed to support environmental conservation, safety, and sustainable developments at sea through new technologies.
Development will help developing countries achieve the goals set out in the Initial IMO Strategy on Reduction of GHG Emissions from Ships.
Seeking bunker claim from 13 unpaid invoices; seven under Term Sales Contracts entered on 30 April 2020 and six under Spot Contracts, according to court documents...
European banks stepping back from the bunker industry is a cause for concern, and conversations are now about when will more industry consolidation emerge, it said.
Hopes for bold action to reduce the global shipping sector’s huge greenhouse gas emissions were dashed when a ‘business as usual’ draft text was approved.
LNG was the solution for IMO 2050 for 47% of respondents, while hydrogen was the answer for 40%; 8% opted for ammonia and 5% for methanol.
Retrofitting process took approximately 60 days and is estimated to have emitted approximately 97% less Co2 compared to ordering a newbuilding, it said.
Type Approval Test with participation of DNV GL, American Bureau of Shipping, and Lloyd’s Register for the dual-fuel retrofit kit has been completed.
