While vaccination programmes are underway in many countries around the world, these are generally aimed at protecting land-based populations. In comparison, the seafaring community has been left behind in this respect. Peter Helm, Managing...
BW LPG says that retrofitting 15 vessels to use LPG as a fuel will save the company 1m tons of CO2 emissions.
With the worth of the global merchant shipping fleet at an all-time high of $1.2trn, value of the Greek-owned merchant fleet grew over 32% in the past three years and now stands at $132.58bn, reports consultancy VesselsValue.
ABS will class a new Floating Production Storage and Offloading Vessel (FPSO) for the Lu Feng 12-3 oilfield.
Global oil and shipping group Monjasa has bought the 25,117-dwt flexi tanker Monjasa Trader as a new combined cargo and bunker vessel for its West Africa operations.
As some other shipping sectors enjoy a spell of super-profits, tanker owners continue to endure months of miserable rates and accumulating losses.
Wilson Sons participated in the first ship-to-ship transfer of liquefied natural gas (LNG) through a Q-FLEX ULGC (Ultra Large Gas Carrier) in Brazil.
The first LPG dual-fuelled vessel in Japan has been named at Kawasaki Heavy Industries (KHI).
Brokers SSY estimate that less than 25% of bulkers and tankers will attain the required level of EEXI under new regulations by the IMO to reduce shipping’s carbon emissions.