Seadrill set to exit Chapter 11 bankruptcy
The plan has near unanimous support from the company’s stakeholders and emergence from Chapter 11 bankruptcy is expected within the next 60-90 days.
Scrubbers: the “sensible option” for sulfur cap compliance
Finnish-based exhaust gas cleaning pioneer Langh Tech says that the likely prohibition of the carriage of high sulfur fuel oil on vessels will have a material and technical impact on commercial ship operations.
Damen delivers third Shoalbuster to Kasmortransflot
The contracts for the three Shoalbusters 2709 were signed in July 2017 between Damen, NMSC Kazmortransflot LLP and Al Hilal Islamic Bank.
Next gen LNG carrier named in Nagasaki
The vessel is owned by Diamond LNG Shipping 1 Pte. Ltd. a joint venture company co-owned by NYK and Mitsubishi Corporation.
Electric-powered boats help clean-up Chinese waterway
Suzhou Creek, which flows through the city to Shanghai, was at one time said to be the most contaminated waterway in China, filled with sewage and garbage.