A new hand-held fuel-testing device, the XRF Analyser, unveiled by Parker Kittiwake is set to dispel much of the growing concern relating to off-spec bunker stems, new blends of untested marine fuels, compliance with the IMO’s 2020 sulphur cap and existing sulphur limits in emission control areas.
As the World Cup tournament was about to kick off at Luzhniki Stadium, Russia, the freight market seemed to be caught on with the ball watching and boasted little activity since the start of the week.
Bahrain shipyard ASRY has been contracted by Arab Maritime Petroleum Transport Co (AMPTC) to install ballast water treatment systems (BWTS) on part of its fleet.
With just two weeks to go for the deadline for Cosco to acquire Orient Overseas International Ltd (OOIL) regulatory hurdles still need to be cleared.
Petronas took another step in product diversification in meeting the needs of a more varied market, with its Petronas LNG unit successfully delivering its first break bulk liquefied natural gas (LNG) cargo by ship-to-ship (STS) transfer.
AP Moller – Maersk logistics arm Damco looks set to compete with its container line cousin on the Asia – Europe as it launches a new rail freight service between China and France promising faster transit times.
Scrubbers are seeing a sudden upturn in interest and the largest US-listed dry bulk shipowner Star Bulk Carriers is installing 24 exhaust gas cleaning units on some of its larger vessels.
Making its debut at Posidonia last week was the new International Maritime Industries (IMI) $5.2bn mega-yard at Ras Al Khair on the Gulf coast of Saudi Arabia, 70% jointly owned by Saudi Aramco (50.1%) and its most important tonnage provider Bahri (19.9%), the remainder belonging to UAE-based rig builder Lamprell (20%) and shipbuilder Hyundai Heavy Industries (HHI) (10%) of Korea.