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Ponant Plumbs for Electric-Hybrid Newbuild
Dec 19, 2017 ... Stirling Design International and Acker Arctic. The cost of the newbuild is reported to be EUR270 million ($318m). Singapore-listed Vard is majority owned by Italian shipibuilder ...
Market Either Tightening or in Need of More Cutbacks, Argue Experts Before OPEC Meeting
Nov 28, 2017 ... Meanwhile, the U.A.E. tries to downplay the impact of U.S. shale. ...
MAN Offers Substantial Discount on Fuel Oil-To-LNG Engine Conversions
Oct 9, 2017 ... German marine engineering company will take EUR2 million ($2.3 million) off the cost of converting an engine from running on heavy fuel oil (HYO) to one capable of running on liquified natural ...
Wartsila Buys Gas Tech Company Puregas
Oct 4, 2017 ... overall reach in the gas value chain", according to the company. The deal was priced at EUR29 million ($34 ...
Port of Rotterdam Highlights Push Toward Cleaner Shipping
Oct 2, 2017 ... whether the vessel has a Green Award certificate and if the propulsion engine performance meets CCR2 emission requirements. Meanwhile, inland vessels that do not satisfy CCR2 emission standards ...
TORM Purchases Four Fuel-Efficient MR Vessels
Jul 24, 2017 ... for delivery in 2019, will add to the 20 GSI vessels in TORM’s current fleet, including four LR2 vessels under construction. TORM says Danish Ship Finance has committed to finance the vessels ...
OPEC Output at 2017 High, Rising Libya Output Dampens Price Recovery Expectations
Jul 3, 2017 ... Even optimists admit that the global glut remains a huge obstacle impervious to quick-fix solutions. ...
ABB's Bunker-Saving Turbochargers Featured on "Largest" Chinese-Built Box Ship
Jun 29, 2017 ... that it had opened two-stage turbocharging to a wider market with a new frame size for the Power2 800-M solution, a development ABB said would enable more vessels to benefit from the high ...
Industry Insight: Understanding Density Measurement of Bunker Fuels
Jun 23, 2017 ... in order to evaluate the precision, accuracy, bias and the coefficient of determination (R2). Following are the three International methods evaluated for this study: Crude petroleum ...
AET Unveils Two Tanker Newbuilds with Green Passport Notation
Jun 8, 2017 ... Tankers Pte Ltd (AET) today unveiled its two new long-range (LR2) petroleum tankers - both of which have a Green Passport notation - at the Hyundai Heavy Industries Co., Ltd. (HHI) Gunsan ...