World News

MOL Announces Delivery of Dual-Fuel LNG Carrier in Shanghai
MOL Announces Delivery of Dual-Fuel LNG Carrier in Shanghai
The vessel, which has a diesel-electric main engine, is the third ship to be delivered in a six-vessel series.
6 Jun 2017
Shell Launches New Trunk Piston Oils to Support Performance for Vessel Efficiency, Environmental Reg Compliance
Shell Launches New Trunk Piston Oils to Support Performance for Vessel Efficiency, Environmental Reg Compliance
Shell Marine has unveiled its next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market.
6 Jun 2017
Analysts Say OPEC, Not Qatar Spat, Is the Real Cause for Monday's Oil Price Drop
Analysts Say OPEC, Not Qatar Spat, Is the Real Cause for Monday's Oil Price Drop
Question of the cartel's efficacy are yet again the focus of attention.
6 Jun 2017
SHI and DNV GL to Develop LNG Carrier, Bunker Vessel Designs Through New JDP Agreement
SHI and DNV GL to Develop LNG Carrier, Bunker Vessel Designs Through New JDP Agreement
Designs with both membrane type LNG tanks and type C tanks - common in LNG bunkering vessels - will be developed in parallel under the agreement.
5 Jun 2017
BIMCO Develops Standardised Term Sheet for Bilateral Ship Finance
BIMCO Develops Standardised Term Sheet for Bilateral Ship Finance
BIMCO is also developing a standardised term sheet for syndicates.
5 Jun 2017
EC Issues Warnings to Eight Member States Related to Its Rules on Alternative Fuels Infrastructure
EC Issues Warnings to Eight Member States Related to Its Rules on Alternative Fuels Infrastructure
Cyprus, Finland, Hungary, Ireland, Latvia, the Netherlands, Portugal, and Slovenia have two months to fully transpose the EU rules into state law.
5 Jun 2017
Wärtsilä and Maran Gas Maritime Extend Maintenance Agreement on Tri-Fuel Diesel Electric LNG Carriers
Wärtsilä and Maran Gas Maritime Extend Maintenance Agreement on Tri-Fuel Diesel Electric LNG Carriers
The 21 vessels covered under the agreement are all equipped with Wärtsilä 50DF engines.
5 Jun 2017
MSC Cruises Pens MoU with STX France for LNG-Powered Newbuilds
MSC Cruises Pens MoU with STX France for LNG-Powered Newbuilds
The order includes two LNG-powered ships with the option for two more, and will form MSC Cruises' new World Class series vessels.
5 Jun 2017
Meeting Sees Gazprom and Mitsui Mull Further Steps for Strategic Cooperation
Meeting Sees Gazprom and Mitsui Mull Further Steps for Strategic Cooperation
Gazprom and Mitsui discussed the progress of joint assessments of partnership prospects in the field of LNG bunkering.
5 Jun 2017
OCM Anounces "Significant Modernisation Programme" for UK Physical Supply Operations
OCM Anounces "Significant Modernisation Programme" for UK Physical Supply Operations
OCM will its current barge 'Conveyor', and add two modern barges to its fleet in August.
5 Jun 2017
Solvang Chooses Scrubbers for "Cost Effective" Operation of Newbuild ECO Carriers
Solvang Chooses Scrubbers for "Cost Effective" Operation of Newbuild ECO Carriers
The company says its new class of ethylene carriers will be "the first" HFO-fuelled TIR III compliant ethylene carriers in the world.
5 Jun 2017
ICS to Reassert Shipping Industry Commitment to Green Growth at UN Conference
ICS to Reassert Shipping Industry Commitment to Green Growth at UN Conference
The UN Ocean Conference is being held this week in New York.
5 Jun 2017
MAN Partners with MM-Offshore to Enhance Ship Performance
MAN Partners with MM-Offshore to Enhance Ship Performance
The cooperation agreement is intended for the development of common propulsion and manoeuvring solutions for different ship types.
5 Jun 2017
NYK and DNV GL Provide Update on Maritime Data Centre Pilot Project at Nor-Shipping
NYK and DNV GL Provide Update on Maritime Data Centre Pilot Project at Nor-Shipping
The collaboration between NYK and DNV GL, which is supported by MAN Diesel & Turbo, started in November 2015
2 Jun 2017
LR and HHI Team Up to Develop LNG-Fuelled Bulk Carriers
LR and HHI Team Up to Develop LNG-Fuelled Bulk Carriers
The new a joint development project will see the two companies work to design a 180,000 DWT class LNG-powered bulk carriers for a range of trades.
2 Jun 2017
LNG-Fuelled Newcastlemax Bulk Carrier Design Unveiled
LNG-Fuelled Newcastlemax Bulk Carrier Design Unveiled
The unveiling came as part of a presentation of the results of stage one of the "Green Corridor" JIP at this week's Nor-Shipping trade fair in Oslo.
2 Jun 2017
Rolls-Royce Launches Next Generation Bunker-Saving EM System
Rolls-Royce Launches Next Generation Bunker-Saving EM System
Rolls-Royce says the new Energy Management System will enable customers to reduce energy usage and support environmental compliance.
2 Jun 2017
Rickmers Holding Filing for Insolvency
Rickmers Holding Filing for Insolvency
HSH Nordbank AG is said to have "surprisingly" denied approval of the term sheet related to the financial restructuring of the Rickmers Group.
2 Jun 2017
Crude Creeps Up After a Volatile Day
Crude Creeps Up After a Volatile Day
Despite the volatility bunker prices were mostly stable throughout the major ports.
1 Jun 2017
Trump Withdrawing US From Paris Climate Agreement "Puts Even Greater Pressure" on Shipping, IMO to Act on Emissions
Trump Withdrawing US From Paris Climate Agreement "Puts Even Greater Pressure" on Shipping, IMO to Act on Emissions
Dutch MEP Bas Eickhout says it is now "of critical importance that financial support for the climate fund does not cease."
1 Jun 2017