January 24th, 2020 Sam Chambers Greater China, Operations, Ports and Logistics 0 comments Seafarers who have called in China in recent weeks and are seeking shore leave at ports across much of Asia are coming in for increased scrutiny as the world takes action against the growing spread of a coronavirus originating from the central […]
January 24th, 2020 Grant Rowles Bunkering, Environment, Europe, Offshore 0 comments Eidesvik’s 2003-built LNG-fuelled platform supply vessel Viking Energy is going to have a high-power fuel-cell installed to allow the vessel to be powered by green ammonia. The vessel, which is on contract to Equinor, will have a large 2MW ammonia fuel cell fitted allowing […]
January 24th, 2020 Hans Thaulow Americas, Dry Cargo, Tankers 0 comments Sales talk surrounding US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt Madison Orca, is creating plenty of chatter among brokers. The ship, formerly called A Whale, has been reported sold for $50m with South Korea’s Polaris Shipping believed to be […]
January 24th, 2020 Sam Chambers Dry Cargo, Europe, Operations 0 comments A fire disabled a UK-flagged kamsarmax in the early hours of this morning off the Gulf of Aden. The fire was contained to the engine room of the BW Acorn, and was put out after three and a half hours. The ship will now […]
January 24th, 2020 Sam Chambers Europe 0 comments Danish Shipping has followed in the UK’s footsteps, presenting a new initiative yesterday aimed at increasing the share of women in Danish shipping companies. Thirteen local shipping companies signed a charter yesterday in Copenhagen that obliges them to actively focus on gender equality. The current gender split […]
January 24th, 2020 Splash 24/7 Contributions, Environment, Regulatory 0 comments Scott Reynolds from BLOC-X, a trading software provider for the OTC oil block futures market, assesses the impact of the first 24 days of the global sulphur cap. The International Maritime Organization (IMO) has recently hailed the “relatively smooth” introduction of the global sulphur cap, […]
January 24th, 2020 Grant Rowles Europe, Tankers 0 comments Danish product tanker giant Torm has returned to China’s Guangzhou Shipyard International to order a pair of scrubber-fitted LR2 newbuildings. The vessels will be prepared for dual-fuel installation in future, and are scheduled for delivery in the fourth quarter of 2021. Jacob Meldgaard, executive director of […]
January 24th, 2020 Grant Rowles Americas, Offshore 0 comments Australia’s Worley has been awarded the front end engineering design contract for Total’s North Platte field development in the Gulf of Mexico The North Platte field development, located off Louisiana, includes a semi-submersible floating production unit and the project will see Worley design the hull, mooring […]
January 23rd, 2020 Sam Chambers Environment, Europe, Finance and Insurance, Greater China 0 comments BNP Paribas and Credit Suisse have signed up to the Poseidon Principles, bringing the total number of financial institutions aligned to the green lending principles to 16. Moreover, one of the architects of the principles has suggested a host of Asian […]
January 23rd, 2020 Sam Chambers Containers, Europe, Finance and Insurance, Operations 0 comments In the latest bid to fight the scourge of containership fires, insurance mutuals UK P&I and TT Club have published guidelines under the title Book it Right and Pack it Tight. 2019 was especially bad for containership fires with more than one […]
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