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Splash 247 06/17/2019 01:43
South Korean tanker operator KSS Line has placed an order at Hyundai Heavy Industries for the construction of up to two 86,000 cu m VLGCs. The contract includes firm order for one ship and option for another, with delivery of the first ship is scheduled in 2021. According to shipbroking sources, the price for the […]
Splash 247 06/16/2019 19:16
The two tankers and their crew involved in dangerous strikes while transiting the Strait of Hormuz last Thursday arrived safely on Sunday at locations off the United Arab Emirates. BSM Ship Management’s managed vessel Kokuka Courageous is now at anchorage at Kalba with damage assessment and preparation for ship-to-ship transfer cargo set to commence once […]
Splash 247 06/16/2019 18:33
Old fashioned engineering is boring. Computer engineering works. Computer-aided design eliminated the drudgery of creating hardcopy drawings and cross-checking design decisions. Computer-based simulation takes care of testing the ideas. Large engineering teams can collaborate across multiple design and manufacturing sites. Ever more complex designs of complex machinery are now possible to let computers relying on […]
Splash 247 06/16/2019 15:00
Monaco-headquartered LNG shipowner GasLog Partners has fixed 2013-built 155,000 cbm LNG carrier to Gunvor subsidiary Clearlake Shipping on a three-and-a-half-year charter. The charter is scheduled to commence this month, and has a variable charter rate based upon an agreed range. Andrew Orekar, chief executive officer of GasLog Partners, commented: “I am very pleased to announce […]
Splash 247 06/16/2019 14:00
CNOOC Petroleum Europe has exercised a one-well option for Maersk Drilling jackup rig which is drilling infill wells at the Buzzard field on the UK Continental Shelf. The option on the 2002-built rig is for around 100 days, keeping it contracted until February 2020. Morten Kelstrup, CCIO of Maersk Drilling, commented: “We’re very pleased to […]
Splash 247 06/14/2019 08:16
A Danish high court on Friday extended the sentence against the infamous bunkering executive Lars Møller. The former manager of OW Bunker’s Singapore subsidiary Dynamic Oil Trading will now serve five years in prison for granting credit outside his mandate, contributing to the bankruptcy of the marine fuel supplier. Møller’s off-book activities cost OW Bunker […]
Splash 247 06/14/2019 05:20
Cosco Shipping Bulk has signed a strategic agreement with Conch Logistics, the logistics unit of China’s largest cement producer Anhui Conch Group. The companies will for a partnership that will see the two parties jointly develop in the cement logistics business. In December last year, Anhui Conch Group ordered four 12,500 dwt bulk carriers at […]
Splash 247 06/14/2019 02:12
Ferry operator DFDS is taking autonomous transport shoreside. The Danish company has entered into a collaboration with Volvo Trucks concerning their electric, connected and autonomous vehicle Vera. The aim is to develop and test an integrated solution for transporting goods from a logistics centre to a port terminal in Gothenburg, Sweden, using Vera. The collaboration […]
Splash 247 06/14/2019 00:25
Greg Atkinson from Japan’s Eco Marine Power takes issue with the Japanese government’s approval of open-loop scrubbers. “For a successful technology, reality must take precedence over public relations, for nature cannot be fooled.” – Richard Feynman. The ongoing debate about open-loop scrubbers often drifts towards being a clash of personalities and organisations (including lobby groups) […]

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