Alfa Laval to make Chinese box ships methanol compatible
According to Swedish Alfa Laval, a Chinese shipowner seeks having four mega container vessels fitted for the fuel.
Most commercial freighters are unfit for green retrofitting
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Norwegian merger finally receives approval
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MSC and MAN Energy Solutions to develop ammonia-fuled ship
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Carriers stand before breakthrough in green conversion of ships
MAN Energy Solutions expects to retrofit engines to green-fuel compatibility for 150 vessels every year, and the final breakthrough order could come soon.For subscribers
Hempel is silent about factory's fate after increased Russian pressure
The coating group is making progress in efforts to divest a Russian factory but waives commenting on the latest development where Russia has seized several tugboats owned by Maersk.For subscribers
South Korean shipbuilder prepares to rebrand
Well-known shipyard DSME is expected to approve a branding change at a general meeting later in the month.For subscribers
Europe is successfully replacing its lost Russian diesel supply
Despite Russia being the EU’s previous main supplier of diesel, before the latter’s oil sanctions on the former, the EU has managed to secure an oil delivery boon from the Middle East and US.Monjasa are already feeling the effects of slow steaming ships
Bunker sales are falling simultaneously with slow steaming container ships, but Monjasa’s CFO maintains a positive outlook for 2023.For subscribers
DSME rebrands as Hanwha Ocean
The divestment of South Korean shipyard DSME to an industry conglomerate has concluded. The shipbuilder will receive a new name and a new CEO.For subscribers
Monjasa lands biggest profit to date
The Danish oil supplier presents the largest profit in its history, enabling the company to pay off debt.For subscribers
Lightship Chartering reaches target ahead of time, rewards employees with bonuses
The shipbroker continues to expand its offices worldwide but is less optimistic for the coming year.For subscribers
USTC ramps up stake in major pellet supplier
The owner of oil group Bunker Holding buys out shareholder in the world’s second-largest wood pellet trader, CM Biomass.For subscribers
Höegh Autoliners enters partnership on supplies of green ammonia
The collaboration is meant to ensure access to ammonia for a number of ships currently under construction.For subscribers
Bunker Holding instates extra holidays for grandparents
A new senior employees’ policy will allow for more time off for employees with grandchildren. It will hopefully help retain experienced workers.For subscribers
Pirates release kidnapped seafarers from Monjasa ship
Six crew members that were taken hostage by pirates roughly five weeks ago are now safe, informs Danish oil firm Monjasa.For subscribers
Svend Stenberg Mølholt leaves Monjasa
The Danish oil trading company and the Group COO have mutually decided to part ways.For subscribers
Bunker Holding hires director with a past in Danish Shipping
Maria Skipper Schwenn, former executive at Danish Shipping, has been hired by Danish oil group Bunker Holding, media writes.For subscribers
Maritime law firm acquired by competitor after bankruptcy filing
UK-based Ince Group, which filed for bankruptcy in April, will be purchased by another major British law firm for an unspecified amount.For subscribers
World Fuel Services sees opportunities in new demands from customers
The major bunker firm increased its sales of marine fuel in Q1, and the chief executive sees strategic opportunities in customers’ demand for solutions that can promote green transistioning.For subscribers
New green fuel requirements could become a nuisance for carriers
In just one and a half years, a certain amount of fuel must be green. Still, it could come as a surprise for some carriers, says DNV.For subscribers
Bunker Holding secures major loan agreement with 15 international banks
The Danish oil group secures new credit facility at USD 1.1bn. This brings up the group’s total funding framework to USD 3.2bn.For subscribers
Chinese shipyard achieves 39 percent of annual goal
With orders for a total of USD 1.2bn, Yangzijiang Shipbuilding has so far covered 39 percent of its target for the entire 2023.For subscribers
Alfa Laval surprises with improved earnings in Q1
The Swedish supplier of equipment for the maritime industry expects further progress in the second quarter.
