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VeriFuel calls for cooperation and transparency across the marine fuel supply chain ahead of 2020

08/02/2019

VeriFuel, part of Bureau Veritas, today urged the marine bunker sector, upstream supply chain, and fuel testing organisations, to embrace a new culture that promotes far greater cooperation and transparency in preparation for 2020 and beyond.

To mitigate the risks of

Corvus Energy strengthens its product portfolio for maritime batteries with the acquisition of Grenland Energy

07/02/2019

Corvus Energy Holding AS, the world-leading supplier of Energy Storage Systems (ESS) to the maritime industry, has signed an agreement to acquire all shares in Grenland Energy AS. Grenland Energy, located in Skien, Norway in the heart of the Grenland

Hapag-Lloyd first in world to convert large container ship to LNG

06/02/2019

Hapag-Lloyd will retrofit its 15,000 TEU ship “Sajir” to operate using liquified natural gas (LNG). In future, the engine system will be able to function using either of two types of fuel: LNG or low-sulphur fuel oil (LSFO). The contract

VLCCs’ Market Share Reached 63% in 2018: Mcquilling Services

05/02/2019

McQuilling Services is pleased to announce the release of its 2019-2023 Tanker Market Outlook. This 200-page report provides a five-year spot and time charter equivalent (TCE) outlook for eight vessel classes across 24 benchmark tanker trades, plus four triangulated trades.

BHP and NYK use GoodFuels biofuel to progress decarbonisation goals

05/02/2019

Global mining company BHP, Japanese shipping company NYK, leading sustainable biofuel company GoodFuels and BLOC (Blockchain Labs for Open Collaboration) the leading developer of blockchain applications for the maritime industry, announced the successful delivery of sustainable biofuels to the BHP-chartered,

VLCC Market Down in Major Routes

04/02/2019

VLCC
In the Middle East Gulf the market for 270,000mt to China fell six points, with Unipec securing WS 48. Going west, Exxon took two ships, at WS 20 Suez/Suez, for 280,000mt to US Gulf. In West Africa, in line

ABS Grants AIP for Two Dalian Shipbuilding LNG as Fuel Designs

02/02/2019

ABS granted Approval in Principle (AIP) to two LNG powered designs from China’s Dalian Shipbuilding Industry Group Co (DSIC).

DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very Large Ore Carrier (VLOC).

“ABS has extensive experience of

Baleària’s ‘Hypatia de Alejandría’, the first LNG-propelled ferry on the Mediterranean, has begun sailing

01/02/2019

Baleària's Hypatia de Alejandría, the first liquified natural gas-propelled smart ship to sail the Mediterranean, completed its first commercial trip last night between Barcelona and Palma. The ferry reached the Port of Barcelona last Sunday from Venice where the shipyard

LR and UMAS release new ‘Zero-Emission Vessels Transition Pathways’ study

31/01/2019

Yesterday , Lloyd’s Register (LR) and University Maritime Advisory Services (UMAS) has released ‘Zero-Emission Vessels Transition Pathways’, a study that aims to show what is needed to enable the transition, both at the ship and supply infrastructure level, to deliver

Concept Design and Engineering for World’s first Pure-Electric tanker completed

31/01/2019

Asahi Tanker Co. Ltd, together with its partner Exeno-Yamamizu Corporation Tokyo, has jointly developed the new domestic shipping tanker design which incorporates “zero emission electric propulsion”.

In anticipation of future adaptations to regulatory conformity ClassNK has been appointed to make technical

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