Ocean Network Express, a joint venture container shipping company founded by Japanese shipping firms Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha is on schedule to start operations on 1 April, 2018.
The 2017 established company has now received all necessary merger approvals from local competition authorities in regions and countries where such approvals are required, they said in a joint statement.
“As announced on July 3, 2017, the J/V company had completed the approval process in all regions and countries except South Africa as of the end of June 2017,” according to the statement.
“Following continued negotiations with the competition authority in that country, the J/V company today obtained approval with conditions requiring measures regarding competition law compliance.
“The service commencement schedule for the new company remains unchanged, with operations slated to begin on April 1, 2018.”
Publication date: 22 January, 2018
‘Distillates will become an alternative to fuel oil, but they will be gradually replaced by new grades of low-sulfur fuel,’ said CEO of Gazpromneft Marine Bunker.
‘Prices in this week’s European gas markets are likely to be supported by lower temperatures across the continent and easing lockdowns across Europe,’ says analyst.
Both organisations working for effective bunker licencing schemes, preferably introducing mass flow meters, to be implemented in bunker hubs around the world.
‘The SS 660 and TR 80 are designed to uphold integrity and fair trade in the industry so that mass flow meter bunkering can be promoted worldwide,’ said Chairman Seah.
Project will open up more possibilities for the larger LNG eco-system at Singapore port, such as in the use of LNG as a marine fuel for the shipping sector.
New order brings the order book of CMA CGM Group to 69 vessels, accelerating its decarbonisation trajectory by investing massively in gas and methanol bunker fuels, it said.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
Digitalization can help shipping achieve its decarbonization goals but only if human factors are considered enough when introducing smarter maritime operations with ‘user-friendly’ technology.
Anand S/O Omprekas, Noruliman Bin Bakti, and Muhammad Khairul Asri Bin Mohamad Hanafiah were tasked to verify the quantity of cargo supplied to vessels by Shell Eastern Petroleum Private Limited.
