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May 18, 2020

UK safeguards critical freight routes with £35 million support

The UK government has signed agreements with six operators to provide up to £35 million to help ensure there is enough freight capacity to prevent disruption to the flow of goods. Image…

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May 18, 2020

Jotun has got Deepsea Stavanger covered

Odfjell Drilling’s semi-submersible drilling rig Deepsea Stavanger is preparing for drilling operations off South Africa, where it will start a firm contract with French…

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May 18, 2020

French-Japanese LNG carrier starts charter with EDF

A brand new liquefied natural gas carrier owned by France LNG Shipping gas has started a long-term charter with a unit of state-controlled utility EDF. Image courtesy of NYK France…

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May 16, 2020

Sovcomflot’s quarterly profit surges

Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet. LNG carrier…

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May 16, 2020

Hartmann chooses MAN dual-fuel engines for new LPG tankers

MAN Energy Solutions has won the contract to supply individual MAN B&W ME-LGIP liquid gas injection propane dual-fuel engines to three new 5,000 cbm LPG tankers being built for…

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May 16, 2020

Fincantieri revising delivery dates with owners to mitigate COVID-19 impact

Italian shipbuilding major Fincantieri is focusing its efforts on renegotiating delivery dates of the secured newbuilding orders in order to preserve the acquired backlog. The…

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May 16, 2020

Higher bunker costs hurt Hapag-Lloyd’s earnings

German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quarter of this year as it reported lower earnings. Afif containership. Image Courtesy:…

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May 15, 2020

Belships: The famously touted ‘spread’ narrowed to insignificant levels

Norway-based bulker owner and operator Belships has so far stayed clear of investing in scrubbers and has no plans of changing its position on the matter. The main incentive for scrubber…

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May 15, 2020

Shell in Dutch, French LNG bunkering firsts

Royal Dutch Shell has taken part in two liquefied natural gas bunkering operations in the French port of Marseille and in the Dutch port of Rotterdam. Eagle Blane and Cardissa in the…

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May 15, 2020

ST Engineering unveils LNG-powered catamaran design

Singapore’s ST Engineering has launched a new design for a dual fuel LNG-powered catamaran fast crew boat optimised for crew transfer in the offshore sector. Image courtesy…

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