Furetank owner Lars Hoglund hands over CEO reins to Golden-Agri boss Bjorn Stignor
Veteran head of family-owned Swedish tanker owner taking a step back
Furetank owner Lars Hoglund hands over CEO reins to Golden-Agri boss Bjorn Stignor Read More »
September 2024
NYK, Oono Development ink MoU on Ship Recycling
Nippon Yusen Kabushiki Kaisha (NYK) and Oono Development Co., Ltd. agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures are dismantled in Japan and recycled as steel scrap and other materials.
NYK, Oono Development ink MoU on Ship Recycling Read More »
Bulk Carrier Scrapping Plummets 42%
“Between January and August 2024, the number of recycled ships has dropped 42% y/y, the second lowest level in 16 years. The market has seen high freight rates and strong demand, delaying the recycling of older ships. On the supply side, the fleet has …
Bulk Carrier Scrapping Plummets 42% Read More »
Japanese Shipping Majors Secure AiPs for Two Types of LCO2 Carriers
American Bureau of Shipping (ABS) and Nippon Kaiji Kyokai (ClassNK) have issued approvals in principle (AiPs) for two types of low-pressure type liquefied CO2 (LCO2) carriers developed jointly by Japan’s industry majors.The LCO2 carriers have been deve…
Japanese Shipping Majors Secure AiPs for Two Types of LCO2 Carriers Read More »
OceanExl sacks trading boss after being banned from bunker operations in UAE
Probe finds Dubai company supplied high-sulphur fuel oil to ship without a scrubber
OceanExl sacks trading boss after being banned from bunker operations in UAE Read More »