Shipping

ABS releases advisory on methanol bunkering

With the publication of ABS Methanol Bunkering: Technical and Operational Advisory, ABS is expanding its industry-leading suite of guidance on methanol as a marine fuel. A key component of the methanol value chain and the overall sca..

News > Shipping > 2024-04-23 09:06:14

TEN sells Aframax tanker

Tsakos Energy Navigation (TEN) has recently announced that the company sold the Aframax tanker 'Izumo Princess'. It is the first in a series of eight pioneered-designed vessels TEN built between 2007 and 2010. The sale will a..

News > Shipping > 2024-04-23 09:02:12

KEYS's LNGBV bunkers PCTC

On April 10, KEYS Azalea, an LNG bunkering vessel owned and operated by KEYS Bunkering West Japan Ltd. ("KEYS") — a joint venture established by Kyushu Electric Power Co., Inc.; NYK Line, ITOCHU ENEX CO., LTD.; and Saibu..

News > Shipping > 2024-04-22 09:02:26

China dominated S&P market in 1Q

During the first three months of 2024, Chinese shipowners dominated the sale-and-purchase market. According to Veson Nautical, China spent over $2.3bn in purchasing a total of 74 vessels, which is nearly three times the amount spent ..

News > Shipping > 2024-04-19 09:18:27

Stena Bulk sells LNG carrier

Stena Bulk announced on April 18 that the company has sold 'Stena Blue Sky' to an undisclosed Asian buyer. The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG. The..

News > Shipping > 2024-04-19 09:04:57

Euroseas seals two boxship deals

Euroseas announced on April 18 that the company signed a time charter contract for its 1,740 teu feeder containership, M/V EM Hydra, for a minimum period of ten to a maximum period of twelve months at the option of the charterer, at a g..

News > Shipping > 2024-04-19 09:02:53

LR-EPS-MPA collaborate on ammonia newbuilds

Eastern Pacific Shipping (EPS) has signed Memorandums of Understanding (MoUs) with the Maritime and Port Authority of Singapore (MPA) and classification societies, Lloyd’s Register and ABS, committing six of its Ammonia dual-fuel ..

News > Shipping > 2024-04-18 09:10:57

New MR tanker delivered to Navig8

It turned out that the Navig8 Exceed entered Navig8 ownership this April, the second of six newbuild MR vessels due for delivery by 2025 from New Times Shipbuilding Co. Ltd. All six vessels are installed with an air lubrication syste..

News > Shipping > 2024-04-18 09:08:54

ClassNK-JAXA start LOX material research

ClassNK has commenced joint research with the Japan Aerospace Exploration Agency (JAXA) to establish an evaluation method for the compatibility of ship materials with liquefied oxygen (LOX). The aim is to contribute to suppressing fire ..

News > Shipping > 2024-04-18 09:02:51

Outlook for tanker is positive

With future tanker deliveries at a low point, industry experts are optimistic about the shipping outlook ahead. The tanker sector has one of the lowest ratios between existing fleets and orders, with very few new deliveries expected...

News > Shipping > 2024-04-17 09:20:54