Oil price reporting agency Argus has launched five new price assessments for low-sulphur marine fuels, ahead of new global rules capping the amount of sulphur in marine fuels, also known as bunkers.International Maritime Organization (IMO) regulations…
MAN Energy Solutions Takes Next Step in Developing Presence in Finland.MAN Energy Solutions has won the contract to design and deliver an LNG regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading…
When talk turns to the digital revolution sweeping through the maritime industry, one need look no further than Wärtsilä, which has evolved from a shipbuilding company to an engine manufacturer, and is now embarked on a historic digital transformation led by Marco Ryan…
The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, an IMO official said on Tuesday.'I can categorically say there will not be a delay,' said Edmund Hughes, the head of air pollution and energy efficiency at the IMO…
C-Job Naval Architects based in the Netherlands announced it has joined the Ammonia Energy Association, strengthening its commitment to research ammonia as a renewable fuel for the maritime industry.With the International Maritime Organization…
Marine Jet Power (MJP) announced Damian O’Toole has joined its business development team as Executive Vice President of Sales, Marketing and Aftersales Service Solutions. Effective immediately, he will be responsible for business development and strategic growth initiatives worldwide…
Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of Waltershof, where it was hoisted onto the “Hyundai Supreme” container ship…
Sales of marine fuels in Singapore fell to a two-month low in August as fewer ships called for refueling at the world's largest bunkering hub, officialdata showed on Thursday.Marine fuel sales last month declined 9.2 percent from a year earlier and 1…
At gmec, the global maritime environmental congress (gmec) during SMM in Hamburg, high-profile business and science experts discussed how the global shipping industry can achieve the International Maritime Organization’s (IMO) environmental…
Major ports around the Yangtze River Delta will impose tighter rules on emissions from vessels in and around the ports starting on Oct. 1, a newspaper run by China's Ministry of Transport said in a report.The ports affected are Shanghai, the world's biggest container port…
At today’s opening press conference of the international maritime trade fair in Hamburg, political and business leaders discussed current challenges facing the shipping industry. The focus of the debate was on the 0.5 percent sulphur limit for ship fuels which will take effect on January 1…
There is less than 18 months to go until the International Maritime Organization’s (IMO) global 0.5 per cent sulphur cap comes into force. From the 1st of January 2020, the marine landscape will dramatically change and many questions still remain unanswered…
Schottel appointed Stefan Kaul as Chief Executive Officer (CEO) & President Industrial Operations. The appointment follows the departure of Dr Christian Strahberger who has decided to leave the company after holding the top spot for about two years…
An increase in the number of ships adding cleaning systems to their smokestacks will mean vessels will continue to burn a sizable amount of fuel oil once new sulphur regulations for the fuel go into effect, Vienna-based consultancy JBC Energy said on Tuesday…
MT-FAST, a fuel-saving device jointly developed by NYK Group company MTI Co. Ltd. and Tsuneishi Holdings Corporation, has now been installed on over 500 vessels. Operational data has proven the device to be effective in saving fuel.MT-FAST is…