MOL Energia, a Singapore-based subsidiary of Mitsui OSK Lines (MOL), has taken delivery of a new very large gas carrier (VLGC) constructed by Japan’s Namura Shipbuilding. Phoenix Harmonia is the first vessel of a newly-developed series of VLGCs constructed by Namura with assistance from Mitsubishi...
Singapore
Singapore to host digital ship identity trials
Singapore will serve as a testbed to trial and pilot the use of digital ship identity in maritime applications such as digital port clearance and digital bunkering. During the ongoing Singapore Maritime Week, the Maritime & Port Authority (MPA) of Singapore has agreed to host the so-called Marine...
https://splash247.com/singapore-to-host-digital-ship-identity-trials/
Leading maritime cities: Singapore retains top spot
@media only screen and (max-width: 480px){ td {display:block;width:95%;clear:both;} }
The city-state, with its large owned and managed vessel fleets, strategic geographic advantages, pro-business policies and its position as a leader in the maritime energy transition, is expected to … |
https://maritime-professionals.com/leading-maritime-cities-singapore-retains-top-spot/
Marco Polo Marine fixes financing deal for CSOV newbuild
Singapore offshore vessel player and shipyard Marco Polo Marine, along with its Taiwan-based subsidiary PKR Offshore, has entered into a financing agreement for its offshore wind commissioning service operation vessel (CSOV) newbuild. The financing deal for the purpose-built CSOV, to be named Wind...
https://splash247.com/marco-polo-marine-fixes-financing-deal-for-csov-newbuild/
Singfar contracts for two aframaxes
Singfar Group has expanded its newbuild series with a contract in China for a pair of aframax tankers. The Singapore-based owner has booked a 115,000 dwt duo at New Times Shipbuilding, according to brokers. The company, best known for its bunkering business but also active in the crude and product...
Singapore retains global shipping hub crown
Singapore’s maritime mantelpiece needs reinforcement, groaning from all the trophies, accolades and awards lavished towards the Lion Republic, the preeminent shipping hub of the 21st century. Meanwhile, an old Asian rival, Hong Kong, is sliding down the ranks fast. Singapore remains the world’s...
https://splash247.com/singapore-retains-global-shipping-hub-crown/
Seatrium and Shell to partner on floating production systems
Singapore yard group Seatrium has signed a non-binding memorandum of understanding (MoU) with a subsidiary of energy supermajor Shell to strengthen collaboration on floating production systems. The MoU, which focuses on driving project standardisation and replication, seeks to promote best...
https://splash247.com/seatrium-and-shell-to-partner-on-floating-production-systems/
PaxOcean to build first electric vessels for Kuok-led alliance
The Kuok Maritime Group-led Coastal Sustainability Alliance (CSA) has announced the start of construction of the first fully electric PXO tug and supply boat by PaxOcean Group. These zero-emissions vessels are among the first and largest local electric harbour craft designed for operation in...
https://splash247.com/paxocean-to-build-first-electric-vessels-for-kuok-led-alliance/
Singapore Marine Biofuel Premiums Drop Further on Soft Demand
SINGAPORE, April 11 (Reuters) – Spot marine biofuel premiums have weakened further at the world’s largest bunker hub Singapore, weighed by slow demand, market sources said this week. Premiums for the flagship…
https://gcaptain.com/singapore-marine-biofuel-premiums-drop-further-on-soft-demand/
Hafnia shares start trading in New York
Shares in Hafnia, the world’s largest product tanker company, commenced trading on the New York Stock Exchange (NYSE) yesterday, to go alongside an existing listing in Oslo for the BW-controlled company. Shares closed in New York down 45 cents on Hafnia’s opening day to end Tuesday on $7.47. ...
https://splash247.com/hafnia-shares-start-trading-in-new-york/