The South Korean Ministry of Oceans and Fisheries on Friday (11 December) held a naming ceremony for the South Korean liquefied natural gas (LNG) powered ocean-going vessels HL Eco and HL Green at the Hyundai Samho Heavy Industries site in Yeongam, Jeollanam-do.
The newbuildings are two 180,000 dwt mineral carriers that will reportedly transport two million tonnes of iron ore and coal a year between South Korea and Australia starting from 2021.
Korea Gas Corporation’s (KOGAS) LNG bunkering vessel Jeju 2 will be responsible for supplying the vessels with LNG via ship-to-ship bunkering operations.
The ceremony was attended by South Korean Prime Minister Chung Sye-gyun, Minister of Oceans and Fisheries Moon Seong-hyuk, Jeonnam Province Governor Kim Young-Rok, CEO Seong-deuk H-Line, Kim Hyeong-gwan, Hyundai Samho Heavy Industries CEO, and POSCO CEO Jang In-Hwa.
Photo credit: South Korean Ministry of Oceans and Fisheries
Published: 14 December, 2020
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.