News

  • Maersk to offer emissions tracker for international e-commerce January 31, 2023
    Selected Maersk e-delivery customers in Europe will be able to register for a new tool in February to trace and analyse the emissions of their international parcels. The Danish liner giant, which entered the European e-commerce logistics market in 2021 with the acquisition of B2C Europe, tapped German startup Cozero to develop analytics tools to […]
  • Navig8 takes Roswell suezmax under commercial management January 31, 2023
    UK-based Navig8 has added back a suezmax Roswell Tankers of Athens bought from Connecticut-based Ridgebury last year. The 2007-built 159,395 dwt will be joining the Suez8 pool in February as the fifth and oldest ship, in addition to four Ridgebury units. The Japanese-built Liberia-flagged vessel, formerly known as Ridgebury Nicholas A, joined the same pool […]
  • McDermott gets onboard Greece-Africa interconnector project January 31, 2023
    US-based subsea and deepwater engineering and construction leader McDermott has signed a memorandum of understanding with Eunice Energy Group to work on the 2 GW electrical link between Greece and Egypt, known as the Greece-Africa Power (GAP) interconnector project. Eunice Energy Group is a transnational consortium between Greece and Egypt for the GAP project, which […]
  • Singapore’s Global Centre for Maritime Decarbonisation names Olympic Shipping first Greek owner partner January 31, 2023
    Onassis Foundation-controlled Olympic Shipping and Management (OSM) has become the first Greek ship owner and manager to partner with the Singapore-based Global Centre for Maritime Decarbonisation (GCMD), committing to a five-year collaboration to accelerate shipping’s decarbonisation. As an impact partner, OSM with a fleet of 18 crude oil tankers, will provide a cash contribution towards […]
  • Kumiai Navigation adds to LPG/ammonia carrier orderbook January 31, 2023
    Kumiai Navigation has added a second very large LPG/lliquefied ammonia gas carrier (VLGC) to its orderbook at Japanese shipbuilder Kawasaki Heavy Industries (KHI). The Singapore-based subsidiary of Japan’s Kumiai Senpaku has exercised its option for one more LPG-fuelled 86,700 cu m unit following an initial order in June last year. As with the previous order, […]
  • Titan picks up pair of Seapeak’s small-scale LNG carriers January 31, 2023
    Dutch fuel supplier Titan has purchased two small-scale LNG carriers from Stonepeak’s Canadian gas ship owner Seapeak for bunkering capability retrofits. The 2011-built 12,000 cu m and , VesselsValue estimates as worth around $61.5m in total, will be retrofitted for both transport and bunkering of LNG, liquefied biomethane (LBM), and in the longer-term hydrogen derived […]
  • Bocimar to operate world’s first ammonia-powered newcastlemaxes January 31, 2023
    Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.TECH have signed an agreement on the development of ammonia-fuelled two-stroke engines. The companies aim to install the ammonia dual-fuel X72DF engine on a series of ten 210,000 dwt newcastlemax bulk carriers to be built at Qingdao Beihai Shipbuilding in 2025 and 2026. The […]
  • Looming Russian products ban has analysts divided January 31, 2023
    Sunday marks the start of the European Union’s ban on Russian refined product imports, two months on from a similar crude ban. Experts are unsure whether the incoming measures will prove a significant bonus for product tanker owners. As with the crude ban, a price cap will come into play with the European Commission proposing […]
  • Why sanctions make shipowners insomniacs January 31, 2023
    In the first of a regular monthly column for Splash, Pierre Aury explains why sanctions do not work, and how easy it is for shipowners to fall foul of these constantly changing bans. There was a time when shipping was a free market: supply and demand and just a couple of rules. Over the years […]
  • Eneos seeks to ship hydrogen in existing oil tankers January 31, 2023
    Hydrogen could soon be shipped in regular oil tankers at ambient temperatures if a Japanese pilot project in Australia proves successful. Eneos, Japan’s largest oil company, will open a demonstration plant in Brisbane next month where methylcyclohexane (MCH), a liquid hydrogen carrier, will be made. MCH is typically produced by taking hydrogen stored in tanks […]
Courtesy Asia Shipping Media Pte Ltd in Singapore - Splash 247