Scorpio in seven-ship sale-leaseback deal
Deal rakes in additional cash and boosts liquidity as product tanker owner turns again to sale-leaseback strategy.
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Maritime News
Newbuilding Activity Quietens Down
The newbuilding market has been gearing up for the summer lull, as vacations near and ship owners are reluctant to commit more capital, amid a trade war of global proportions. In its latest weekly report, shipbroker Allied Shipbroking noted that it was…
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IMO working group makes progress on sulphur testing and verification issues
There appears to be significant support among IMO member States to ensure consistency in fuel oil testing and verification procedures for the verification of compliance with MARPOL Annex VI sulphur limits through regulatory amendments. The intersession…
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Technology to address environmental issues and emissions ranks above blockchain as the most significant driver of change over the next five years, according to survey conducted by Reed Smith
In a survey conducted by global law firm Reed Smith, industry participants were asked: Which technology will be the most significant driver of change over the next five years? The industry responded that analytics of big data and technology to address …
Lim Joins ST Engineering Board
Singapore Technologies Engineering Ltd (ST Engineering) announced Lim Chin Hu has been appointed as an independent nonexecutive director of the company with effect from July 16, 2018.Lim is currently the Managing Partner of Stream Global Pte Ltd, an in…
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