GLOBAL: MAN LPG-fuelled ME-LGIP engine ordered for Chinese VLGC
Jiangnan Shipyard, owned by China State Shipbuilding Corp., has ordered the LPG-burning MAN B&W 6G60ME-LGIP engine for an 86,000 cbm very large gas carrier under construction for Chinese shipping company, Tianjin Southwest Maritime.
AMERICAS: Hartree and Oaktree set up new liquids storage and terminaling company
The New York-headquartered Hartree Bulk Storage platform will provide solution to refiners, petrochemical manufacturers, marketers and producers of crude oil, refined products, NGLs and other bulk liquids.
ASIA PACIFIC: First LNG bunker delivery for MOL’s LNG-fuelled tugboat Ishin
Mitsui O.S.K. Lines (MOL) has announced that its LNG-fuelled tugboat Ishin has been bunkered with LNG in Sakai Senboku Port for the first time.
GLOBAL: Scrubbers not a ‘long-term solution for a newbuild’, says Total
‘We expect that these shipowners [investing in scrubbers] are taking a lot of risk because we don’t see HSFO supply available in the long-run as it was in the past,’ says Xavier Pfeuty, LNG Managing Director – Total Marine Fuel Global Solutions (TMFGS).
ASIA PACIFIC: Concept design and engineering for ‘World’s first pure-electric tanker’ completed
Asahi Tanker and Exeno-Yamamizu have announced that they have completed the concept design and engineering for a new domestic shipping tanker which incorporates ‘zero emission electric propulsion’
GLOBAL: ‘2018 was a great year – a year of delivery,’ says Shell CFO
The oil major’s Q4 2018 profits surged 32% to $5.7 billion, while full year earnings were up 36% on 2017 performance, reaching $21.4 billion.