Japan’s first LNG bunkering vessel launched

Kawasaki Heavy Industries’ Sakaide Works has successfully launched Japan’s first LNG bunkering vessel (LBV). The LBV is scheduled to be delivered at the end of September 2020 and will be the first

Maersk: “We are strongly prepared to weather the storm”

A.P. Moller – Maersk today reported first quarter results that Danish business daily Børsen characterized as “good numbers, grim outlook.” The company reported revenues from continuing operations of $9.57 billion compared with

Vestdavit secures FRC handling performance for HMS Protector

Laksevåg, Norway, headquartered boat launch and recovery systems specialist Vestdavit is bringing new fast craft handling capability to HMS Protector, the only U.K. Royal Navy ship dedicated to Antarctic patrol and survey

Valmet to supply hybrid scrubbers to Japanese shipyard

Espoo, Finland, headquartered Valmet has signed a contract with Mitsubishi Shipbuilding’s Shimonoseki Shipyard covering delivery of hybrid scrubber systems and water treatment units for two ferries. The ferries have been ordered by

U.K. Chamber to Johnson: Don’t quarantine seafarers

In a broadcast today, U.K. Prime Minister Boris Johnson unveiled what he stressed was a conditional plan for easing some COVID-19 restraints and restarting the British economy. Among many other elements the

Euronav sells 2005-built VLCC

Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN) reports that it has sold the 2005-built VLCC TI Hellas for $38.1 million. A capital gain on the sale of approximately $1.6 million will be

Foreship launches project aimed at keeping coronavirus off cruise ships

Helsinki, Finland, headquartered naval architecture and marine engineering firm Foreship has launched an initiative to limit the presence and spread of coronavirus and other pathogens on passenger ships and get the cruise

Optimarin offers BWT leasing option

Sandnes, Norway, headquartered ballast water treatment (BWT) specialist Optimarin is offering what it says is the first leasing option in the BWT segment. It says it is making the move to meet

COVID-19: Paris MoU updates temporary guidance on Port State Control

Following the outbreak of COVID-19, the Paris Memorandum of Understanding on Port State Control (Paris MoU) drafted temporary guidance for its member PSC authorities, recognizing the need to apply flexibility under these

International Seaways reports record first quarter

New York City headquartered International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker operators, reported net income for the first quarter of $33.0 million, compared to a net income of

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