Worldwide shipping and logistics company CMA CGM Group on Monday (30 November) welcomed the CMA CGM Palais Royal, the eighth vessel in its 26 LNG-powered fleet.
The newbuilding has just left the shipyard in Shanghai, it said in a LinkedIn update.
“This is a new testimony of our commitment to maritime transport’s energy transition! LNG is a pioneering technology that aims at preserving air quality,” said CMA CGM.
Photo credit: CMA CGM
Published: 1 December, 2020
Investors in ‘green fuels’ will be able to secure more favourable financing terms, boosted by bio-LNG as drop in bunker fuel compared to conventional fuels, said Chairman.
Stabilis supplies LNG for use in marine bunkering services, as well as other industrial sectors.
Kairos delivered LNG marine fuel to container feeder vessel Wes Amelie at Port of Helsinki on 21 September 2019.
Golar LNG, Höegh LNG and Stolt-Nielsen invests total of $182 million on small-scale LNG firm.
Main contract was concluded within three months after signing a LOI for the order in December 2020 and vessels will be delivered by 2H 2023.
The new vessel breaks the record of the largest containership delivered in China, says Cosco Shipping.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.
NBF mulls use of blockchain-based registry of trade finance transactions as secure central database for the banking industry to streamline documentation processes and resolve transparency issues.
