By Ron Bousso and Ahmad Ghaddar LONDON, Oct 16 (Reuters) – Ship owners accelerated installations of engine cleaning systems this year ahead of stringent new rules in 2020 which sharply reduce the amount of sulphur ships can emit from the 3.5 percent in current bunker fuel to 0.5 percent, according to a report. Vessel operators can […]
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Scorpio to Install Scrubbers on 146 Vessels Across Tanker and Bulker Fleets
Monaco-based shipping group Scorpio is going all-in on exhaust gas scrubbers in to order to comply with the IMO’s 2020 sulphur cap. Both Scorpio Tankers and Scorpio Bulkers on Monday announced plans to install scrubbers on a combined 146 vessels, including all 56 bulk vessels in Scorpio Bulkers’ fleet and 75 additional tankers Scorpio Tankers’ […]
Rolls-Royce and Intel to Develop AI-Powered Autonomous Shipping Systems
Rolls-Royce has announced it has partnered with tech giant Intel to develop AI-powered shipping systems with the goal of fully-autonomous navigation and ship operations. The systems will involve installing ships with dedicated Intel Xeon Scalable processor-based servers and 3D NAND SSDs for data storage, effectively turning ships into “cutting-edge floating data centers with heavy computation […]
Stena Bulk Opts for Scrubbers on 15 Vessels
Stena Bulk announced it has a turnkey agreement with Shanghai-based Bluesoul to equip its Suezmax and IMOIIMAX ships with exhaust gas scrubbers. In total, Stena Bulk will equip 15 vessels with the scrubbers with options for six additional vessels all for installation prior to 2020. Bluesoul is the first Chinese enterprise to be awarded Lloyd’s […]
Japan’s ONE Carrier Network Flags $600 Million Loss in First Year
By Mike Wackett (The Loadstar) – Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, as it struggles to “restore the trust of customers” after the chaotic April launch. ONE has alerted shareholders of K Line, MOL and NYK to a $310m loss for the half-year period […]
Trump Administration Considering West Coast Military Bases to Export Coal, Gas -Report
Oct 15 (Reuters) – President Donald Trump’s administration is considering using West Coast military facilities to export coal and natural gas to Asia, according to an Associated Press report on Monday, citing U.S. Department of Interior Secretary Ryan Zinke. The move would help fossil fuel producers ship their products to Asia and circumvent environmental concerns […]
Watch: 18,000-Tonne BorWin Gamma Platform Installed in North Sea
The 18,000 tonne topside of the BorWin gamma High Voltage Direct Current (HVDC) platform has been installed on its jacket foundation in the German sector of the North Sea, where will soon be used to supply green power to more than one million German households. The giant converter arrived on board the heavy lift vessel […]