Log in

Login to your account

Username *
Password *
Remember Me

Digital Editions

mag archive 230

News

news archive 230px

02
Apr 2020

In a new investor presentation, the company says that measures to reduce variable costs will include adjusting vessel speed and sailing schedules, idling vessels and tightening bunker inventory management.

Share |

02
Apr 2020

CMA CGM has announced that, ‘taking into consideration the current price of VLSFO’, the Low Sulphur Surcharge (LSS20) which it introduced on 1 December will not be applicable from 1 May.

Share |

02
Apr 2020

Pavilion Energy is calling on LNG suppliers to help develop an industry standard for the fuel’s total greenhouse gas (GHG) emissions, according to Reuters.

Share |

02
Apr 2020

As cruise lines see their businesses decimated by the coronavirus outbreak, Carnival is taking further measures to shore up its finances with the issue of 62,500,000 shares of common stock, priced at $8.00 per share.

Share |

02
Apr 2020

‘Our plan is very much to continue this dual-fuel focus - to this end, we recently released a Mk II ME-GI model and are currently, owing to market demand, developing an Otto-cycle variant – the ME-GA,’ says Bjarne Foldager, Senior Vice President, Head of Two-Stroke Business at MAN Energy Solutions.

Share |

01
Apr 2020

Anders Grønborg has joined TFG Marine as Chief Executive Officer to oversee the company’s ongoing expansion efforts in the global marine fuel markets.

Share |

01
Apr 2020

A steel cutting ceremony for WALLENIUS SOL’s LNG fuelled Ro-Ro ship was held on 30 March at the CIMC Raffles shipyard in Yantai, eastern China.

Share |

01
Apr 2020

The International Maritime Organization (IMO) has echoed the shipping industry’s call for governments to grant special travel exemptions to seafarers in order to keep supply chains open during the COVID-19 pandemic.

Share |

01
Apr 2020

As VLSFO prices continue a downward spiral, the tanker owner says unconsumed volumes it purchased last year and put into floating storage to mitigate against anticipated IMO 2020 price volatility will be subject to a mark to market valuation at the end of Q1 2020 and will ‘lead to a write down as the current market is significantly below the acquisition cost’.

Share |

01
Apr 2020

BIMCO, the International Chamber of Shipping (ICS) and other industry partners have presented the International Maritime Organization (IMO) with a list of recommendations for governments and relevant national authorities on the facilitation of maritime trade during the COVID-19 pandemic.

Share |