Company Presentations Related to Offshore Wind and Carbon Capture Spin-Offs

Reference is made to the release on July 17, 2020, where Aker Solutions announced its intention to spin off the company’s offshore wind development and carbon capture businesses into two separate companies. The two companies, Aker Offshore Wind Holding AS and Aker Carbon Capture AS, are intended to...

https://www.hellenicshippingnews.com/company-presentations-related-to-offshore-wind-and-carbon-capture-spin-offs/

Federal Board of Revenue has reversed the tax discounts available to ship recyclers

In the 24th Week of 2020 (8th to 15th June) we shared insights about the new tax structure in Pakistan that could boost the ship recycling sector and the traders working in the iron and steel industry. The points that we covered were as below:- 1. The financial budget for the year 2020-2021 has...

https://www.hellenicshippingnews.com/pakistan-federal-board-of-revenue-has-reversed-the-tax-discounts-available-to-ship-recyclers/

MHI-MME Receives Generator Turbine and VOC firing Auxiliary Boiler Orders for Shuttle Tankers

Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (MHIMME) received orders for generator turbines and VOC-firing auxiliary boilers from Daewoo Shipbuilding & Marine Engineering Co., Ltd. in Korea. These will be installed in two 124,000 DWT LNG shuttle tankers (Ship No....

https://www.hellenicshippingnews.com/mhi-mme-receives-generator-turbine-and-voc-firing-auxiliary-boiler-orders-for-shuttle-tankers/

Ship recycling in Bangladesh leaps forward with third phase of key project signed

The third phase of an IMO-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh has been given the go-ahead, with Norway committing approximately US$1.5 million (14 million Norwegian Kroner) to support improved ship recycling in Bangladesh. The agreement between...

https://www.hellenicshippingnews.com/ship-recycling-in-bangladesh-leaps-forward-with-third-phase-of-key-project-signed/