SHIPPING NEWS

Sovcomflot 2018

2018 proved to be a second consecutive challenging year for the tanker industry, with trading conditions remaining extremely difficult and the spot rates well below Read Article…

MARPOL-compliant

BP Marine has announced that it will begin to retail low sulphur fuel that meets new MARPOL regulations limiting the sulphur content of marine fuels. BP is introducing Read article…

GTT LNGC

GTT has received an order from the Korean shipyard Samsung Heavy Industries (SHI), concerning the tank design of two 180,000 cbm LNG carriers, on behalf of Read article…

Stena Bulk fleet

Stena Bulk has now had a fleet of 13 IMOIIMAX vessels of MR model on the market for a year, and an evaluation shows that the chemical vessels have been a success Read Article…

Tank design

GTT has received an order notification from the Korean shipyard Hyundai Heavy Industries (HHI), concerning the tank design of a new 174,000 cbm LNGC, on behalf of Read article…

GasLog Glasgow

GasLog Partners announces acquisition of GasLog Glasgow from GasLog Ltd. for $214 million. GasLog Partners estimates that the GasLog Glasgow will add Read article…

Maersk Tankers

Maersk Tankers has decided to invest in four scrubber systems to be installed on selected LR2 vessels in the Maersk Product Tanker fleet before January 2020 to Read Article…

Scrap book

2018 was a dynamic year for ship recycling, with many vessel types removed at record levels, while others slowed to essential deletions only. 2018 was not a Read article…

LNG orderbook

The planned merger between Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering could consolidate a significant portion of the outstanding Read article…

Nakilat JV

Nakilat has signed an agreement with McDermott to form a joint-venture (JV) company providing offshore and onshore fabrication services in Qatar. The strategic Read Article…

Digital hub

GTT has launched a programme for the creation of a Digital Hub of Excellence in Singapore. Specialised in Maritime Business Process Digitalisation Read article…

FPSO sanctions

From 2019 to 2021 Rystad Energy expects 33 FPSOs (Floating Production Storage and Offloading vessels) to be sanctioned as oil and gas activity Read article…