A naming ceremony was held in Kumamoto Prefecture at the Ariake Shipyard of Japan Marine United Corporation for a new VLGC (very large gas carrier) that NYK will charter under a long-term contract to Astomos Energy Corporation, pre-eminent liquefied petroleum gas (LPG) company.The ship was named “Lily Promenade” by Kazuhisa Otsuka, senior operating officer of Astomos Energy Corporation, and the ceremonial rope holding the vessel in place was cut by Mariko Kurokawa of Astomos…
Chinese marine fuel suppliers have signed up short-term deals to buy very low-sulphur fuel oil from companies like oil major Shell, Germany's Uniper and U.S. commodities trader Freepoint ahead of a new standard on emissions for the global shipping industry that kicks in on Jan…
Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years.From the start of 2020, ocean-going ships…
Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources…
U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result -- less burning of the dirtiest marine fuels at sea at the start of next year, Refinitiv data showed on Tuesday.The move to blacklist ships from COSCO on Sept…
Belgian tanker operator Euronav expects to complete preparations on its fleet in coming weeks ahead of tougher rules next year limiting sulphur emissions from ocean-going vessels, a company executive said on Tuesday.Ship owners must cut emissions by reducing the sulphur content in fuel to 0…
Tokyo Kisen Co., Ltd. and e5 Lab Inc. have jointly developed the new concept design of “e5 Tug,” electric propulsion harbor tugboat powered by large-capacity battery and a hydrogen fuel cell.The e5 Tug is a harbor tug fully electrified and designed…
Dredging services provider Royal Boskalis Westminster N.V. and biofuels supplier GoodFuels are set to take the next key step in the ‘Boskalis on Bio’ program for the testing of sustainable bio-fuel oil.Following earlier successful tests with ‘drop-in’ blends of light biofuel and marine gas oil…
VDL AEC Maritime as scrubber supplier has strengthened its position on the German market by entering a partnership agreement with Krabiell. With the nomination of Thomas Krabiell as the official representative of VDL AEC Maritime in Germany…
Castrol has advised the shipping industry to expect a period of ‘new normal’; where continuous change in environmental compliance standards is driven by regulation, adding layers of technical complexity for owners and operators.With the shipping…
Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet…
Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases (GHGs) within shipping. All three parties recognize the urgency required to tackle the global issue of…
Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.WHAT HAS HAPPENED TO SHIPPING RATES?The cost of chartering a supertanker to send…
For decades, SENNEBOGEN has been providing customer-specific material handlers, especially in the challenging port sector. SENNEBOGEN's versatile line of port material handlers is especially valued when bulk and general cargo needs to be unloaded from the ship or barge as quickly as possible…
