Business

Wilhelmsen enters scrubber contract with Wartsila

Signs five-year agreement covering maintenance of exhaust gas cleaning systems in three vessels.

Published

8 years ago

June 5, 2018

Admin

The technology group Wärtsilä and Norwegian Wilhelmsen Ship Management, a Wilhelmsen group company, have signed a five-year agreement covering the maintenance of exhaust gas cleaning systems installed in three vessels managed by Wilhelmsen Ship Management.

All three vessels have a 25 MW Wärtsilä Hybrid Scrubber System, which has the flexibility to operate in both open and closed loop, using seawater to remove sulphur oxide (SOx) from the exhaust gas. In closed loop mode additional reagent is used in combination with sea water.

The agreement between Wärtsilä and Wilhelmsen Ship Management was signed in December 2017.

The services covered under the agreement include annual audits and safety tests to ensure ongoing MARPOL compliance, calibration of the Continuous Emission Monitoring System (CEMS) and water monitoring system as well as operational training courses for the vessels’ crew.

“For Wilhelmsen Ship Management, operating sustainably and maintaining MARPOL compliance is absolutely crucial,” says Jon Helge Ulstein, Vessel Manager at Wilhelmsen Ship Management.

“This agreement with Wärtsilä ensures that we are doing it in a correct and documented way to fulfil authorities’ requirements.

“Additionally, it allows us to perform long term cost predictability and channel more focus into critical ship management operations.”

The agreement ensures the managed vessels are fully MARPOL compliant and can fulfil the International Maritime Organization’s (IMO) new, stricter sulphur limits, coming into force on 1 January 2020.

“Wärtsilä’s purpose is to enable sustainable societies with smart technologies,” says Glenn Holid, Sales Manager at Wärtsilä Moss.

“We want to build awareness of sustainability and provide solutions that help customers reduce or eliminate emissions.

“This agreement with Wilhelmsen Ship Management does exactly that by ensuring that the vessels comply with the strict sulphurs limits set by IMO’s standards.

“Additionally, the agreement provides Wilhelmsen Ship Management with predictability of the vessel maintenance costs.”

Photo credit: Wärtsilä
Published: 5 June, 2018

Business

Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

Creditors of the company will have to submit proof of debt to the liquidators of Parakou Shipping by 17 June, according to Government Gazette notice.

Published

7 hours ago

June 5, 2026

Admin

A notice to declare the intended dividend of Parakou Shipping Pte Ltd to its creditors has been posted on the Government Gazette on Wednesday (3 June).

The following are the details of the notice of intended dividend:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Last Day of Receiving Proofs (if not already lodged): 17 June 2026
Name of Liquidator : Cameron Duncan
Address : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Photo credit: steve pb from Pixabay
Published: 25 May, 2026

LNG Bunkering

Chinese firms form pact for 20,000 cbm LNG bunkering vessel project

CM Energy Tech, Seacon Shipping Group and China Merchants Heavy Industry (Jiangsu) signed a joint venture agreement for 1+1 20,000 cubic meter LNG bunkering vessels.

Published

7 hours ago

June 5, 2026

Admin

CM Energy Tech Co Ltd, Seacon Shipping Group Holdings Limited and China Merchants Heavy Industry (Jiangsu) Co Ltd on Tuesday (26 May) signed a joint venture agreement for the construction of 1+1 20,000 cubic meter liquefied natural gas (LNG) bunkering vessels.

The parties also signed a shipbuilding contract for the first vessel, which will be constructed by China Merchants Heavy Industry.

The project combines CM Energy Tech’s access to the China Merchants Group ecosystem, Seacon Shipping Group’s expertise in ship management and operations, and China Merchants Heavy Industry’s shipbuilding capabilities. The partners said the initiative is intended to address the shortage of large-capacity LNG bunkering vessels in the Chinese market.

The newbuild LNG bunkering vessel will feature dual C-type independent cargo tanks and is designed with a boil-off rate of just 0.16% per day. It will also be capable of delivering LNG at a bunkering rate of up to 2,000 cbm per hour, enabling efficient refuelling of large LNG-fuelled vessels.

The vessel will be powered by Wärtsilä dual-fuel engines and will comply with IMO Tier III emissions requirements. The first vessel is scheduled for delivery in 2028.

The three companies said they plan to further expand cooperation across the LNG value chain, strengthen their presence in the marine energy sector and provide customers with integrated LNG bunkering services focused on safety, operational efficiency and lower carbon emissions.

Photo credit: David Yu from Pixabay
Published: 5 June, 2026

Methanol

India’s Agastya inks green methanol offtake agreement with SAR Group

Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka.

Published

7 hours ago

June 5, 2026

Admin

India’s clean energy conglomerate Agastya Group on Wednesday (3 June) said Agastya Green Fuels signed a long-term green methanol offtake agreement with Sri Lankan bunker supplier SAR Maritime Agencies, a SAR Group company, for the supply of 250,000 metric tonnes (mt) per annum of EU RFNBO RED III Compliant green methanol.

Agastya said the agreement establishes one of the largest green methanol supply partnerships in the Indian Ocean Region and marked a major step toward creating a new green maritime energy corridor connecting India and Sri Lanka.

The green methanol will be supplied from the Agastya Green Fuels Hub at Mulapeta Port, Andhra Pradesh, India, where Agastya is developing a green methanol export-oriented facility with a planned investment of USD 6 billion over the next six years. The facility is expected to produce 1 million mt per annum.

“Through this partnership, Agastya Green Fuels and SAR Group will work together to enable green methanol storage, bunkering, and marine fuel infrastructure across Sri Lanka, positioning Colombo, Hambantota, and Trincomalee as future clean-fuel hubs for global shipping,” the company said in a social media post.

“The Indian Ocean is emerging as the world’s next green fuel corridor. Agastya Green Fuels intends to be at its center,” said Shashi K Reddy Arjula, Founder and Group CEO of Agastya.

Photo credit: CHUTTERSNAP on Unsplash
Published: 25 May, 2026