South Korean dry bulk operator, Korea Line in early March announced the division of its LNG transportation business into an independent entity called: Korea Line LNG.
Korean Line stated the purpose for the division is to enhance efficiency by establishing a focused decision-making system, and to be a specialist in the LNG market by responding promptly to market needs.
Korea Line LNG is to focus on LNG transport and LNG bunkering with eight vessels and three new buildings. The new company will be operational from 1 May 2020.
At present, the company is building a 18,000 cbm LNG bunkering vessel at Hyundai Mipo Dockyard that will be chartered by Shell when delivered by the end of 2020.
Related: Wärtsilä to supply cargo handling system to LNG Bunkering vessel
Related: Hyundai Mipo Dockyard secures $61 million order for LNG bunkering vessel
Related: Korea Line Corporation charters LNG bunkering tanker to Shell Western LNG
Photo credit: Wärtsilä
Published: 19 March, 2020
Claiming USD 108,887.87 for the supply and delivery of 310.00 mt of low sulphur marine gas oil at the Port of Jeddah on or about 23 February 2020.
A sanitisation expert offers Manifold Times a summary of the processes involved in disinfecting a ship together with the equipment and products used in the operation.
‘As the saying goes without people buying things, manufacturing will slow, trade will also slow and shipping movements slows down. It’s a whole chain of reaction,’ says Simon Neo.
Laboratory looking to collaborate with Singapore bunker surveyors to roll out COVID 19 testing service, which has been successfully adopted by land-based industries, to the maritime sector.
Sinfeng Marine Services filed an application to the Court of Appeal to withhold information from the liquidators on October 2019; the appeal was dismissed a month later.
‘We have already settled [the issue] with Global Energy Trading and the suit has been withdrawn/discontinued,’ a source at Bunker House Petroleum told Manifold Times.