World Maritime News – Page 110

Ocean Yield Ends Third Quarter in Red

Net loss amounted to USD 63.2 million, compared to a net profit of USD 39.9 million reported a year earlier.

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Viva Energy said that this new VLSFO is the first low sulphur fuel oil to be produced in Australasia.

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Pulp, timber and forest product related cargo would be shipped from New Zealand’s ports to Asian ports.

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The vessel is now on schedule to start operating on the Dublin to Holyhead route in early 2020.

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Larger state-owned ships would run on LNG, while the smaller ones would use electric or hybrid propulsion.

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