Ultra shallow draft small LNG carrier design unveiled

NOVEMBER 1, 2016 — Philippines based infrastructure provider AG&P last week unveiled its design for the first ultra-shallow draft small LNG carrier work horse for Southeast Asia’s stranded power markets The ultra-shallow

ICS: CO2 roadmap under fire from some NGOs

NOVEMBER 1, 2016 — The International Chamber of Shipping (ICS) has applauded the agreement by IMO’s Marine Environment Protection Committee (MEPC) to develop a comprehensive road map for addressing CO2 emissions from

Navigator Gas in $220 million loan agreement

NOVEMBER 1, 2016 — Wilbur Ross backed LPG carrier specialists Navigator Gas L.L.C. and Navigator Holdings Ltd. have entered into a secured facility agreement with ABN-AMRO, DVB Bank, Skandinaviska Enskilda Banken (“SEB”)

Survey predicts vessel operating costs will rise

NOVEMBER 1, 2016 — The latest survey by international accountant and shipping consultant Moore Stephens finds that vessel operating costs are expected to rise both this year and next, with repairs and

Huntington Ingalls awarded $9.6 million for Finn PSA

NOVEMBER 1, 216 — Huntington Ingalls Inc., Pascagoula, Mississippi, is being awarded a $9,635,835 cost-plus-award-fee order against previously awarded basic ordering agreement N00024-16-G-2303 to provide program management, advanced planning, engineering, design, material

Korea to order $9.6 billion of ships at domestic yards

OCTOBER 31, 2016 — South Korea’s government and public entities will place orders for more than 250 ships, worth about 11 trillion won (US$9.59 billion), with domestic shipyards by 2020 as part

Liberia continues effort to amend BWM Covention

OCTOBER 31, 2016 — Liberia is continuing its efforts to amend the Ballast Water Management Convention (BWMC) to give some ships additional time beyond 2020 in order to ensure that adequate new

Wartsila “well positioned” for global sulfur cap

OCTOBER 31, 2016 — Wärtsilä says it is well positioned to help companies meet the global cap that will limit the sulfur content of marine fuels to 0.5% effective from January 2020.

Japanese giants to merge box ship operations

OCTOBER 31, 2016 — Japan’s Kawasaki Kisen Kaisha, Ltd. (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) plan to integrate their container shipping businesses by setting a new

MAN Diesel wins breakthrough high speed engine order

OCTOBER 30, 2016 — MAN Diesel & Turbo has won a breakthrough order for its 175D high speed engine, winning the contract to supply the first shipset (plus an option for six

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