Tankers have been off limits after a fatal explosion on the Suezmax tanker Aces killed 18 yard workers in November 2016.
Tor A Svelland calculates that it makes financial sense for many owners to install scrubbers rather than switch to low-sulphur fuel.
The Singapore carrier’s CEO, Nicolas Sartini, ensures customers take top billing.
The Yangtze has been an underused resource because of natural shallow sections. Now provincial and national government aims to turn the waterway into a thriving transport route.
The finance is aimed at supporting the South Korean government’s five-year plan for rehabilitating the maritime sector.
Marseilles-based CMA CGM said the two groups had also agreed to work together on ‘joint commercial offerings’. It gave no details, however, indicating only that they would be defined over the next few months.
Deloitte Anjin will determine Sungdong’s liquidation value and going-concern value following the green light from the court.
Patrick Daniel has been appointed to the board of SembMarine following the retirements of Ajaib Haridass and Lim Ah Doo.
A first-quarter loss of SGD23 million (USD17.5 million) has kept Keppel O&M firmly in the red, but the company sees green shoots of recovery.
Despite growing East–West tensions, Singapore’s highly skilled workforce and geographical location make it an ideal place for shipowners to continue to do business
Japanese bulker operator Daiichi Chuo Kisen Kaisha restructures its business with the creation of two dry bulk units after emerging from civil rehabilitation in August 2016.
In his annual round-up of developments for small and unusual dredgers, Bert Visser considers whether, like their larger sister vessels, they have become versatile and multipurpose.