Auxiliary wind propulsion systems provider Norsepower said it has signed a framework agreement with Keppel Offshore & Marine’s technology arm Offshore Technology Development (OTD) for rotor sail installations.Under the agreement, OTD can assist to prov…
Norsepower Inks Rotor Sails Installation Deal with Keppel’s OTD Read More »
The ships’ recycling market has sustained a halt over the past days, as a result of Ramadan holidays and the raging pandemic in India and large parts of Southeast Asia. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “having en…
Lockdowns Hinder the Demolition Market Once Again Read More »
LSMGO and HSFO380 supply has tightened in ARA this week, while VLSFO remains in good supply in the bunkering hub. Several suppliers seeing delayed resupply of LSMGO in ARA and some have set 27 April as their earliest delivery date for the grade. Loadin…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority of Singapore (MPA), has submitted its recommendations to the Singapor…
The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry’s greenhouse gas emissions, including a S$120 million ($90 million) fund for a decarbonization center.”Maritime decarbonization is…
Singapore Launches $90 Million Shipping Decarbonization Fund Read More »