Germany’s TT-Line has confirmed newbuilding deals with China’s Jinling Shipyard to build up to two LNG dual fuel ropax vessels for use in the Baltic Sea.
Japan’s Nippon Yusen Kaisha (NYK) has approached South Korea’s Samsung Heavy Industries (SHI) to build two new LNG carrier on the back of a long term charter deal with France’s Total subsidiary.
Singapore-listed First Ship Lease Trust (FSL Trust) has penned a letter of intent with Cosco Shipping Heavy Industry (Yangzhou) Co for the construction of two LR2 product tankers at a total price of $97.2m.
As ballast water management regulations shift towards enforcement shipowners are finding that the majority of ballast water treatment systems (BWTS) installed do not function properly.