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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

GP Global Acquires MAG Lube

GP Global (Formerly Gulf Petrochem Group) today announced that it has completed its acquisition of MAG Lube LLC in the United Arab Emirates. MAG Lube LLC is a manufacturer of lubricants in the Middle East, distributing…

Technology

New GE LM2500 Module for US Navy Frigates

GE’s Marine Solutions announced it has completed the acoustic attenuation and weight comparison testing between its new lightweight composite LM2500 gas turbine module and the steel enclosure. The results verified a…

Technology

Mercury Marine Launches Vessel Config

Mercury Marine has launched Vessel Config, a new software management configurator for boatbuilders and dealers. Vessel Config will guide these direct customers through the configuration process to ensure they are…

Technology

WinGD X-DF Runs on NG-VOC mix

WinGD and Wärtsilä Gas Systems have tested a NG-VOC (Natural Gas - Volatile Organic Compounds) fuel mix for the WinGD X-DF engine, selected to power two 125 000 dwt Shuttle Tankers for AET. Guests from AET, Statoil, OSM…