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Shipping Fuel Costs to Spike 25% on Sulphur Cap

Costs to rise from roughly $100 bln today; just 2 pct of global fleet to have scrubbers in 2020 . Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulphur kick…

People & Company News

ICS: Compromise Needed on CO2 strategy

Ahead of critical meetings at the UN International Maritime Organization (IMO) which commence on 3 April, the International Chamber of Shipping (ICS) says that governments must compromise to help IMO agree an ambitious…

Marine Propulsion

Wärtsilä VOC Recovery for AET Tankers

Wärtsilä will supply its Volatile Organic Compounds (VOC) recovery technology, LNG fuel gas handling systems and the auxiliary engines for two new shuttle tankers being built for Singapore based AET Tankers at the…

New Products

NYK, JMU Develop Highly Efficient Propeller

Nippon Yusen Kabushiki Kaisha (NYK), MTI Co. Ltd., and Japan Marine United Corporation (JMU) have successfully developed a highly efficient propeller by analyzing the conditions surrounding vessel propellers in actual…