The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market sources told Reuters.The 300,000 metric-tons capacity Southern Emperor is the latest addition to 19 existing fuel oil floating storage vessels along the Straits chartered by various market participants, said sources.
Hong Kong & Kowloon Ferry Limited (HKKF) took delivery of two new hybrid ferries, designed by Incat Crowther and built by Hong Kong-based Cheoy Lee Shipyards. The 40-m ferries can transport up to 450 passengers and will service the busy commuter routes between Hong Kong and the islands of Lamma Island, Peng Chau, and Hei Ling Chau.
Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver ‘full-scope’ projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work, largely involving the collection of PAM (Passive Acoustic Monitoring) devices.
A research project which brings together The Cambridge Centre for Advanced Research and Education in Singapore (CARES), Laskaridis Shipping and Metis will evaluate the real impacts of the fuels offered for shipping’s decarbonization.The IMO’s strategy for greenhouse gases aims at ships reaching net-zero GHG emissions by around 2050 and ensuring uptake of near-zero GHG fuels by 2030.