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Petronas Pens 12-Year LNG Supply Deal, Orders New Ships

LNG Carrier

The LNG supply deal covers a 12-year term starting from 2022.

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Readers' Picks of the Week

shipping

Here are the most read stories of the previous week.

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Low-Sulfur Fuel Sales Rise as Industry Responds to IMO 2020

shipping

The final quarter of 2019 marked a massive decline of HSFO sales as IMO2020 entered into force.

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Qatargas Ships 1st Q-Flex LNG Cargo to Bangladesh Summit LNG

Qatargas

Qatargas has delivered the first Q-Flex cargo of LNG to the Summit LNG FSRU.

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MAIB: CMA CGM Ship Lost 137 Containers after 20-Degree Rolls

CMA CGM

Two years ago, CMA CGM G. Washington experienced 20° rolls leading to the collapse of three container bays.

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THE Alliance Upgrades Service Network as It Welcomes HMM

shipping

THE Alliance has unveiled an expanded service network for 2020 as it is welcoming HMM.

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MSI Predicts Dismal Q1 for Bulker Operators

bulker

Dry bulk carrier operators don't seem to have a lot of reasons to be jolly as they enter 2020.

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NYK, Van Oord Jointly Enter Japanese Offshore Wind Market

NYK

NYK and Van Oord plan to jointly own and operate Japan-flagged offshore wind installation vessels.

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Shanghai Remains World’s Top Container Port

Port of Shanghai

China's Shanghai port remains the world's busiest container port.

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ClassNK Issues HKC Compliance Statement to Bangladeshi Yard

Class NK

ClassNK has issued HKC Statement of Compliance to PHP Ship Breaking and Recycling Industries Limited.

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Genting Hong Kong Raises USD 900 Mn

Genting Dream

The sale and leaseback transaction was closed with a consortium of four Chinese leasing companies.

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US, China Reach 'Phase One' Trade Deal

The United States and China have signed a "phase one" economic and trade agreement.

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LR: Industry Players Join Forces on Ammonia-Fueled Tanker

Ammonia-fueled tanker

MISC Berhad, SHI, LR and MAN Energy Solutions have decided to work together to develop an ammonia-fueled tanker.

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Damen Poised to Develop Shipbuilding in Bangladesh

Arnout Damen, CEO of Damen;

Damen, Gentium Solutions to develop shipbuilding and ship repair industry in Bangladesh.

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HMM’s 24,000 TEU Mega Ships to Start Delivery in April

HMM

The sequential delivery of the new containerships coincides with the company's entry into THE Alliance.

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Unprecedented Rise of Crew Kidnappings in Gulf of Guinea

pirate flag

The number of crew kidnapped in the Gulf of Guinea increased by more than 50% y-o-y.

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Singapore's 1st LNG-Powered Bunker Tanker Delivered

LNG bunker vessel

Marine Vicky, Singapore's first LNG-fueled bunker tanker, has been delivered to its owner, Sinanju Tankers Holdings.

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2 Ships Fail to Comply with IMO 2020 in Chinese Waters

Chinese flag

Two ships in Chinese waters in breach of new sulphur regulations as they were using non-compliant fuel.

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Sino-Global to Manage Ship for Lizhou

shipping

Sea Continent Management has signed a strategic cooperation agreement with Lizhou Ship Management.

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Injured Sailor Evacuated from COSCO Bulker off Philippines

evacuation

The Philippine Coast Guard evacuated an injured bulker crew member off Corregidor Island.

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BIMCO Names New Secretary General & CEO

David Loosley

BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020.

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23 Ultra Large Boxships Set for Delivery in 2020

CMA CGM Jacques Shade

The 23 new behemoths will join the fleets of three major players.

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Relatively Smooth Sailing as IMO 2020 Enters into Force?

tanker

It appears the shipping industry is coping better than expected following IMO 2020's entry into force.

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First Steel Cut for UECC's Next-Generation PCTC

UECC

The first steel has been cut for United European Car Carriers' new battery hybrid LNG-powered vessel. 

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Zhejiang Xiehai Books 4 Bulkers

Bulker

Zhejiang Xiehai Group orders four 45,700 dwt bulk carriers.

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World's Largest LNG Bunker Vessel Aces Sea Trials

LNG bunker vessel

The giant LNG bunker vessel, to be named Gas Agility, nears its delivery.

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KSS Line Orders Fourth 84,000 cbm VLGC from Hyundai Heavy

VLGC

KSS Line has ordered another 84,000 cbm VLGC at Hyundai Heavy Industries shipyard.

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