FueLNG’s 2nd LNG Bunker Vessel Debuts at HMD

Singapore-based LNG bunker supplier FueLNG revealed that its second LNG bunkering vessel was launched at Hyundai Mipo Dockyard Co. Ltd., Korea, reports Offshore Energy.

Largest LNG bunkering vessel

According to FueLNG, the Singapore-flagged bunker vessel with a carrying capacity of 18,000 cubic meters would be the largest LNG bunkering vessel in South East Asia.

The vessel, owned by Korea Line LNG, will be fitted with dual fuel engines, two stern azimuth thrusters, a bow thruster, a sub-cooler,...

https://mfame.guru/fuelngs-2nd-lng-bunker-vessel-debuts-at-hmd/

Ship Repair Market Report For 2020 Predicts Recovery In 2023

The “Ship Repairing Global Market Report 2020-30: COVID-19 Growth and Change” report has been added to ResearchAndMarkets.com’s offering, reports Yahoo Finance.

A possible decline 

The global ship repairing market is expected to decline from $29.40 billion in 2019 to $27.39 billion in 2020 at a compound annual growth rate (CAGR) of -6.83%.

The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure...

https://mfame.guru/ship-repair-market-report-for-2020-predicts-recovery-in-2023/