Russian shipping major Sovcomflot (SCF Group) has signed a set of agreements with Rosneft, Zvezda Shipbuilding Complex and VEB Group, placing orders with Zvezda for a series of two next generation large-capacity Aframax tankers.
One of the largest leasing companies in Russia, VEB-Leasing, will finance the construction of the tankers, while a subsequent 20-year time-charter for them has been agreed with compatriot petroleum company Rosneft.
Danish shipping giant Maersk has unveiled its plans to install exhaust gas cleaning systems (scrubbers) on a part of its containership fleet.
In an email sent to Reuters, Niels Henrik Lindegaard, Head of Maersk Oil Trading, a division of Maersk, said that the shipping major decided to invest in the scrubber technology on a limited number of vessels in its fleet of around 750 container vessels.
Russian shipping firm Sovcomflot has entered into a cooperation deal with the Bank for Development and Foreign Economic Affairs (Vnesheconombank) and VEB Leasing related to shipbuilding projects.
Under the trilateral agreement, which was signed on September 12, 2018, the parties would jointly participate in the implementation of shipbuilding projects at Russian shipyards and import substitution projects.
The deal provides for the possibility of financial support for the implementation of innovative and [...]
Maran Tankers, part of Greek shipping major Angelicoussis Shipping Group, has hired Sembcorp Marine for the installation of marine scrubbers and ballast water management systems on 13 vessels.
Under the contract, four Suezmax tankers will be fitted with marine scrubbers and ballast water management systems between the third quarter of 2018 and the fourth quarter of 2019, while a further nine Very Large Crude Carriers (VLCC) will have marine scrubbers installed between May [...]
China is the top international shipping nation according to a new report presented by DNV GL and Menon Economics at SMM trade fair in Hamburg on September 5.
The study, entitled “The Leading Maritime Nations of the World”, benchmarks the 30 leading maritime nations around the world in four key maritime pillars: shipping, finance and law, maritime technology and ports & logistics, in an attempt to understand the key drivers behind [...]
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a technology consulting agreement with Professor Tomoharu Naga, a creator of the next-generation AI advanced machine learning and the percolative learning method.
The MOL Group has worked with Professor Nagao from the Yokohama National University Graduate School of Environment and Information Sciences since 2016 to forecast the dry bulk market by analyzing data related to economic issues and maritime affairs.
Terminal operator HHLA, container shipping company Hapag-Lloyd and technology supplier Becker Marine Systems have successfully tested alternative power supply for ships while on layovers in the Port of Hamburg.
Over the past few weeks, the parties have been testing a prototype of the mobile power generator multiple times with some of Hapag-Lloyd’s giant 20,000 TEU containerships.
This is said to represent a further step toward improving air quality at the [...]