Compressor manufacturer Bitzer has signed an initial five-year agreement with German shipbuilder Fassmer to develop CO2 refrigeration for ships, says an article published in Cooling Post.
What is in the agreement?With a focus on both shipbuilding and refrigeration technology, the collaboration will also look at organic Rankine cycle systems to make use of waste heat.
Bitzer says the agreement focuses in particular on further developing ships and refrigeration systems with the lowest GWP and...
Norwegian carrier MPC Container Ships and Hamburg-based Ahrenkiel Steamship have joined the Trident Alliance, an international network of shipping companies partnering for effective enforcement of sulphur regulations, reports Splash247.
Sulphur emission regulationsConstantin Baack, CEO of MPC Container Ships said, “Joining the Trident Alliance allows us to align our company with an important network of like-minded industry peers, and support industry-wide calls for effective and transparent...
http://mfame.guru/mpcc-joins-the-eco-friendly-trident-alliance/
One Sea, the industry alliance has appointed Riku-Pekka Hägg as Chairman of its Management Board, says an article published in their website.
Hägg’s roleOne Sea, the industry alliance whose primary aim is to lead the way towards an operating autonomous maritime ecosystem by 2025.
Hägg, who will oversee One Sea while retaining his current role as Vice President, Ship Design and Integrated Solutions Sales at Wärtsilä.
He is a maritime technology thought leader and strategist whose experience is...
http://mfame.guru/one-sea-appoints-new-chairman-with-a-mission/
The International Energy Agency (IEA) disclosed that it had changed its view on IMO 2020 fallout and now believes that the IMO 2020 implementation could well be much smoother than expected, reports American Shipper.
Diesel prices sparkThe disaster scenario for the International Maritime Organization’s 2020 fuel rule (IMO 2020) goes like this: Ships without exhaust-gas scrubbers must switch en masse to more expensive low-sulfur fuel on Jan. 1.
To meet demand, refineries produce more...
http://mfame.guru/imo-2020-implementation-could-be-smoother-than-expected-says-iea/
Sembcorp Marine (SembMarine) has won six new projects valued at a total of $400 million to provide engineering solutions for offshore gas and wind farm developments as well as cruise ship upgrades, reports The StraitsTimes.
SembMarine ContractsWith the latest contracts, SembMarine has entered the “highly competitive” offshore wind sector in Taiwan, and is also partnering both repeat and new customers, the group said.
FPSO contract
One of the contracts is for a floating production, storage and...
http://mfame.guru/sembmarine-secures-400m-worth-new-contracts/
The Baltic Briefing has issued the tanker report for the 40th week of this year. The report dated 4th October 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCC
The Baltic Exchange’s main sea freight index edged higher on Monday, as a rise in panamax vessel demand offset declines in both the capesize and supramax segments, reports Reuters.
http://mfame.guru/baltic-index-ascend-to-1770-up-by-3-points/
Protection Vessels International has released the 34th Weekly Maritime Security Report of 2019. The report summarized on 01st October 2019 highlights the various incidents that took place in the past week.
India: Robbers board LPG tanker at Kakinada Anchoragehttp://mfame.guru/weekly-maritime-security-report-week-34-2019/
According to an article published in Cruise and Ferry, Hapag-Lloyd Cruises has planned to...
http://mfame.guru/hapag-lloyd-cruises-vows-to-run-all-ships-on-lsfo/
According to an article published in Freight Investor Services, Dalian Commodities Exchange (DCE) closed lower on Tuesday for the second consecutive trading day this week.
Active DCE contractshttp://mfame.guru/dce-eases-on-restocking-owing-to-slowdown/