Crude oil tanker company DHT Holdings has entered into an agreement to sell its very large crude carrier (VLCC) DHT Edelweiss which is not fitted with an exhaust gas cleaning system (scrubber) in an effort to meet regulatory standards. The company is selling the 2008-built VLCC to an undisclosed buy
Japanese shipping company NYK has invested in compatriot Sustainable Energy, a company that specializes in biomass power generation from waste collection. Sustainable Energy has developed an integrated subcritical-water organic-waste power-generation system (ISOP), which decomposes organic substance
Himalaya Shipping, a Bermuda-based bulk carrier company, has decided to install scrubbers on the entire fleet of twelve vessels presently under construction at New Times Shipyard (NTS) in China. The shipowner said that installation would be carried out within the previously agreed delivery schedule
Danish tanker shipping company TORM has taken majority ownership in compatriot scrubber supplier ME Production (MEP). Namely, TORM has bought a 75% ownership stake in the company from the present owner and founder, Jens Peter Faldt, who will retain the remaining 25% ownership. The transaction builds
Bermuda-based SFL Corporation has agreed to acquire four scrubber-fitted Suezmax tankers in combination with long-term time charters to a subsidiary of Koch Industries industrial conglomerate. The vessels are built in 2015 and 2020, respectively, and all four have modern eco-design features. The agg
Crude oil tanker company DHT Holdings has committed $25 million to retrofit an additional eight vessels with scrubbers. The investment is being pursued as DHT eyes premiums from higher fuel price spreads. “The combination of lower cost and the current higher fuel spreads makes this a compelling inve
Athens-based Capital Ship Management Corp. (Capital) has taken delivery of the first of two ammonia and LNG fuel ready very large crude carriers. The 300,000 DWT newbuilding vessel M/T Amore Mio is an eco-type crude oil carrier fitted with a scrubber in compliance with the IMO 2020 sulphur cap. The
EuroDry, a spin-off from Euroseas focusing on dry bulk shipping, is set to complete the installation of ballast water treatment plants on board nine bulkers by the end of this month. “Eight of our vessels (89%) have ballast water treatment plants (BWTP) installed on-board. We expect the installation
Taiwanese shipping company Wan Hai Lines hosted a naming ceremony for three 3,013 TEU containerships, built by Japan Marine United Corporation Tsu Shipyard. The naming ceremony was held online in order to meet COVID-19-related precautions. WAN HAI 351、WAN HAI 352 and WAN HAI 353 are the first three
Greek dry bulk shipping firm Star Bulk Carriers has earned back its $250 million investment in exhaust gas cleaning systems (scrubbers), within a span of 2.5 years, the company said. The bulker owner has been a staunch supporter of scrubbers as a means of meeting the IMO 2020 sulphur cap and had a f
French UV-C water treatment systems specialist BIO-UV Group has received an order to supply a low-flow BIO-SEA L-series ballast water treatment system (BWTS) for retrofit installation on a cruise ship operated by Cruise Management International (CMI). The vessel to be retrofitted with the BWTS is Qu
Italian shipowner Grimaldi has taken delivery of Eco Adriatica, the eleventh of a series of twelve hybrid RoRo vessels. With the delivery of Eco Adriatica, the fleet of Grimaldi Green 5th Generation (GG5G) class hybrid vessels, ordered from the Chinese Jinling shipyard in Nanjing, is almost complete
Pure-play Capesize vessel owner Seanergy Maritime Holdings has completed the installation of ballast water treatment systems on its entire fleet. The company’s operating fleet consists of 17 Capesize vessels with an average age of approximately 12.1 years. “We have now successfully completed install
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company, has hired offshore solutions provider Unique Group for exhaust gas scrubber systems retrofit on three of its vessels. Under the contract, Unique Group will design, manufacture and i
