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MMHE, Sembcorp Marine continue to bleed in 2018 however
Shipowners need to question shipbuilders’ choice of vessel coatings because builders will almost always pick the cheapest product that claims to meet the owner’s requirements
The project is scheduled to be completed by July 2020
The orderbook is also recovering, with value of year-to-date new contracts already surpassing the total amount for 2017
BIMCO, along with paint and coating manufacturers, ship operators and companies engaged in hull cleaning hope that by the autumn of 2019 a standard for the underwater cleaning of ships’ hulls that is safe, efficient and environmentally sustainable will be in place
The tariffs will be in place for 200 days while the Canadian International Trade Tribunal determines whether final safeguards are warranted
The dry bulk operator evaluates vessel acquisition and disposals as well as debt refinancing to increase its net asset value
Irish tanker operator to buy 36 systems from Norwegian supplier Optimarin for undisclosed consideration, with some headed for retrofit
Time is running out for shipowners to install exhaust gas cleaning systems. A surge of orders is limiting installation capacity but smaller manufacturers may still have space, says DNV GL’s head of environmental certification
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