South Korean shipyard Samsung Heavy Industries Co. on Thursday (16 September) reportedly said it has won an order valued at 841.2 billion won (USD 717.6 million) to construct six liquefied natural gas (LNG) dual-fuelled container carriers.
The six container carrier newbuildings will be delivered to an identified shipper in Europe from November 2024.
To date, including the latest order, Samsung Heavy Industries has secured a total of USD 7.8 billion orderbook for 60 vessels; it has achieved 86 % of its yearly target of USD 9.1 billion for this year.
Of the 60 vessels ordered within the year, 48% or 29 are eco-friendly ships, it states.
“Samsung Heavy Industries will keep up efforts to strengthen its product competitiveness,” says a company official.
Photo credit: Scott Graham from Unsplash
Published: 20 September, 2021
Authorities made a record of administrative violations and escorted the fishing vessel to the port of Fleet 421 in Năm Căn town, Cà Mau province.
The first, BIMCO's EEXI Transition Clause 2021, was published on Tuesday (7 December) and is now ready for insertion into time charter parties.
Two board members, namely Patrick Holloway of Webber Wentzel Attorneys and Adrian Pask of BP Marine, will be stepping down at the end of their elected terms.
GAC assisted Sweden’s Futuretank by broking the LNG fuel and providing ship agency services to the vessel during her voyage across the Atlantic Ocean.
The arrest of vessels at the world’s largest bunkering port continues to be an effective method of obtaining recovery on maritime-related claims, says Partner Max Lim.
The MOU was signed with Korea Bio Energy Association, Hyundai Heavy Industries Co, Korea Shipbuilding & Offshore Engineering Co, and the Korean Register of Shipping.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
A blend of standard MGO and biodiesel, MGO B20 is distributed at the company’s floating kiosk CNC 5 which is located off the buoy of West Coast Pier; PS Energy has been stamped with globally recognised ISCC.
