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If shipping is to fully decarbonise by 2050, this will require further investments of some $400bn over 20 years, bringing the total to between $1.4trn and $1.9trn
Petros Pappas-led outfit on track for strong cash generation thanks to recent acquisitions and improving dry bulk fundamentals, and early adopter stance on scrubbers could double or even triple current cashflow projections
Keppel O&M has secured retrofits for 108 scrubbers and 97 BWTSs to date
The shipping unit of the oil and gas giant has signed a deal with a company that specialises in air lubrication technology for ship hulls for a series of retrofits
Idle fleet hits new highs as ships return to yards for scrubbers, but supply still outweighs demand
While the shipbuilding market continues to foresee weakness, group chief executive Leong Seng Keat is much more upbeat about the chartering segment and the potential for work from offshore platforms
Competition regulators are concerned as to whether alternative suppliers will be sufficiently strong to compete as competitors to the proposed merged behemoth
Abu Dhabi Ports Co, Allcargo Logistics, AISSOT, law firm HFW, CMA CGM and the stakeholders driving the Poseidon principles and the Getting to Zero Coalition have received awards at this year’s Lloyd’s List SAMEA Awards
Shipbuilding subsidiary Nam Cheong Dockyard intends to redevelop existing facilities on government land into modern integrated marine engineering and construction resources to buttress the growth of oil and gas industries in Labuan, Sabah, Sarawak and Brunei
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