Viking Line on Monday (3 June) completed a keel laying ceremony for the liquefied natural gas (LNG) fuelled Viking Glory at the Xiamen Shipbuilding Industry shipyard in China.
The new climate-smart ship will begin operating along the Turku-Aland-Stockholm route under the year 2021.
The rotor sail-equipped vessel is part of a Finnish-Swedish EU project that contributes to more sustainable, efficient maritime transport between Turku and Stockholm.
The project centred around the LNG-powered Viking Glory entails an upgrade of maritime transport links between Turku, Mariehamn and Stockholm, as well as infrastructure improvements in the ports.
The Turku–Mariehamn–Stockholm link is located in the so-called Scandinavian-Mediterranean Core Network Corridor, a transport corridor identified by the EU as being a special priority under the framework for TEN-T.
The EU project, which is led by the Port of Turku, will run from 2017 to 2020. Funding for the collaborative NextGen Link project will be a maximum of 12.7 million euros.
Technical details of Viking Glory are as follows:
Photo credit: Viking Line
Published: 7 June, 2019
The newly launched Code of Best Practices – Commodity Financing guidelines will be the new ‘reference point’ taken by banks when considering to give trade finance to trading houses, believes Ian Teo.
Captain Daknash Ganasen, Senior Director (Operations & Marine Services), MPA, provides direction on what should players do when providing bunker fuel to a COVID-19 infected ship, and more.
Garren Hay will be responsible for sales of the PANOLIN range of Environmentally Acceptable Lubricants for the Singapore sole distributor agent Gealubes Consulting & Trading Pte Ltd.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.