ABS issues first cybersecurity notation
ABS says that the award of the CS1 notation (Asset, Basic-level, Informed Cybersecurity Implementation) is a significant industry first.
DryShips reenters the tanker market
Athens headquartered DryShips Inc. announced today that it has entered into agreements with unaffiliated third parties to acquire two tankers for a total price of around $102.5 million.
Hyundai Global inks scrubber retrofit MOU
Hyundai Global Services has signed an MOU with Korean shipping company KSS Line. The two companies will join forces to retrofit KSS Line’s medium-sized LPG carriers with exhaust gas cleaning systems.
MHI-MME retrofits 80 LNG carriers for ultra low sulfur fuel
IMO’s global sulfur cap for marine fuel, set to enter force in 2020 , will see the maximum sulfur content in marine fuel reduced from 3.5% to 0.5%.