Fortitude Shipping, a subsidiary Petredec, has placed an order of up to four ethane/ethylene-capable handysize vessels at Nantong CIMC Sinopacific Offshore & Engineering.
The second day of Seatrade Maritime Crew Connect Global 2023 saw senior executives grappling with the issues of both retaining existing seafarers and getting young people to take up a career at sea.
Latest figures from DNV indicate that there are now 230 ships in service or on order that will operate on methanol as fuel, but the tank space required is considerably higher than conventional fuels.
Axiom DWFM’s acquisition of bankrupt Ince & Co appeared to secure the future ended instead with closure and arrests by the Serious Fraud Office.
UK-based Purus Marine has placed an order for two very large ethane carriers (VLECs) at a price of $170 million each from HD Hyundai Heavy Industries in South Korea.
Stolt Tankers has inked an agreement with China’s Wuhu Shipyard to build six 38,000dwt stainless steel parcel tankers.
DP World has cuts carbon emissions from its UAE operations by nearly 50% this year by accessing renewably produced power from the Dubai Electricity and Water Authority (DEWA).
A survey by the Danish Maritime Authority (DMA) has exposed the full extent of bullying and harassment of seafarers onboard vessels.