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Study Says Scrubbers have a lower climate impact than low-sulphur fuels

The CO2-emissions associated using an Exhaust Gas Cleaning System (EGCS, or scrubber) vary between 1.5% and 3% for a

GC Rieber Shipping: Amendments to credit facilities


GC Rieber Shipping has today received certain amendments to its two Subsea & Renewables credit facilities, including covenant relaxations, prolonging

Korean Shipbuilders Suffering a Drought of VLCC Orders


Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers (VLCCs), which are a major

Mayflower Autonomous Ship Launches


Ocean research non-profit ProMare and IBM have announced the completion and launch of the Mayflower Autonomous Ship (MAS) – an AI and solar powered marine research vessel which will traverse oceans gathering vital environmental data.

Following two years of design, construction

ABS and HHI Complete Design Simulation Joint Development Project


ABS and Hyundai Heavy Industries (HHI) have completed a Joint Development Project (JDP) to build multi-physics simulations capable of analyzing

SCF takes delivery of SCF Barents – a new LNG carrier chartered to Shell


On 14 September 2020, PAO Sovcomflot (“SCF Group”) took delivery of SCF Barents, a new 174,000-cbm LNG carrier. The following

Wilhelmsen and Østensjø join forces to fast track growth of renewable energy company Edda Wind


The agreement will see Wilhelmsen initially acquire 25% of Østensjø Group's expanding offshore wind company. Wilhelmsen has also secured an

KSrelief calls on international community to take immediate action on safer oil tanker issue


The King Salman Humanitarian Aid and Relief Centre (KSrelief) has called on the United Nations and wider international community to

GE Shipping contracts to buy a Japanese built Secondhand Very Large Gas Carrier


The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a secondhand Very Large Gas Carrier

SDRL – Seadrill Announces Acquisition of Shares in Asia Offshore Drilling


Seadrill Limited announces its acquisition of the minority holding of 33.76% of the share capital of Asia Offshore Drilling Limited

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