With liquefied natural gas (LNG) rapidly gaining ground as an eco-friendly ship fuel, Daehan Shipbuilding Corporation (DHSC), Korea’s leading builder of Aframax tankers recognized the need to build up competence in LNG fuel technology. To gain a compet…
Delivering LNG expertise with new Aframax design Read More »
“We are in an energy transition,” says Øyvind Endresen, Environmental Consultant, at DNV GL’s Environment Advisory section. “Global regulations on emissions to air as well as the rapid rise and faster cycling of new fuels and technologies are poised to…
Putting yourself ahead of the pack with the carbon-robust ship Read More »
It is said that the only certain things in life are death and taxes. This is certainly the attitude the shipping industry should take towards the impending IMO2020 sulphur cap. From the myriad reports, conferences, and press releases on this issue, wit…
Wait and see? Don’t risk inaction over IMO2020 fuel price Read More »
China’s domestic demand for chemical shipping has been boosted by the rapid expansion in Chinese base chemical production capacity for products such as paraxylene and stryrene. Some 55% of the new production capacity is located in East China, 23% in No…
Tanker owners have experienced the lows of the market, but 2019 is a different story, as a number of factors are contributing to improved market sentiment. Most recently, a series of shifts could shift ton-mile demand in favor of ship owners. In its la…
Tankers: A Positive Trend is Taking Shape, Boostin Ton-Mile Demand Read More »