bw group

COLUMN | Quick updates: BW Offshore, Cadeler, MMA Offshore, McDermott, James Fisher, Noble Drilling, Maersk Drilling, Ocean Infinity, Kris Energy and Rubicon [Offshore Accounts]

After announcing in October that it would liquidate the subsidiary that owns the FPSO Umuroa, and hand the idle vessel to the company administrators to maintain, remove ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-quick-updates-bw-offshore-cadeler-mma-offshore-mcdermott-james-fisher-noble-drilling-maersk-drilling-ocean-infinity-kris-energy-and-rubicon-offshore-accounts/

Let’s Give IMO Some Time To Do Its Work, Says Leading Tanker Owners

Leading tanker owners Odfjell and BW Group believe working with the UN body globally to be the right way forward for the industry, says an article published in Seatrade Maritime News.

Carbon emissions reduction

Despite criticism of the outcome of last week’s IMO meetings on reducing carbon emissions from shipping, leading tanker owners Odfjell and BW Group believe that working with the UN body globally is the right way forward for the industry.

Speaking at a Norwegian Business Association...

https://mfame.guru/lets-give-imo-some-time-to-do-its-work-says-leading-tanker-owners/

DNV GL calls for carbon taxes

Classification society DNV GL has called for policy makers to grasp the nettle and introduce regulations that will drive decarbonisation in the maritime sector and in other industries, including the so-called ‘hard to abate’ sectors.

Company CEO Remi Eriksen kicked off the online launch of DNV GL’s Energy Transition Outlook 2020 telling his virtual audience that the world is not decarbonising fast enough to meet the Paris Climate goals.

According to the DNV GL, global GDP growth this year will...

https://container-news.com/dnv-gl-calls-for-carbon-taxes/

LPG Marine Fuel for Retrofits To Aid Zero-emissions Transition

  • LPG marine fuel is available for diesel engines to be retrofitted.
  • This will aid a transition to zero-emissions shipping in the future.
  • The vessels can then transition to carbon-neutral bio-LPG or zero-emissions ammonia.
  • Specialists in ship propulsion outlined the benefits of investing in LPG as a marine fuel.
  • LPG is the best choice for bunkers for its environmental performance to meet IMO 2020.

According to an article published in Riviera Maritime Media and authored by Martyn Wingrove, LPG...

https://mfame.guru/lpg-marine-fuel-for-retrofits-to-aid-zero-emissions-transition/

Tanker takeover talk heats up

product tanker

Trading of Ardmore Shipping (NYSE: ASC) shares surged to over 10 times normal volume on May 26. Shares closed up 18%. Industry publication Tradewinds attributed the jump to takeover talk. A banking source speaking to FreightWaves agreed. He was getting a lot more client calls than usual about Ardmore over the prior week.

The mystery of that late-May rumor is solved — probably. Loose lips appear to have been whispering about Hafnia Tankers (Oslo: HAFNIA), which is 65% owned by the BW Group.

Hafnia...

https://www.freightwaves.com/news/tanker-takeover-talk-heats-up

+ More