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Ship Repair

Set Alert for Lloyd's List Sectors :: Ship Repair

Scrubber spread narrows to record on low refinery runs and falling oil price

The shrinking price difference between very low sulphur fuel oil and high-sulphur fuel oil is closely watched by shipowners who have invested in sulphur abatement technology to allow them to use lower cost HSFO while staying compliant with marine fuel regulations

International Dry Bulk

Inquiry into cause of Turkish shipyard blast

Five shipyard workers taken to hospital after a blast on the product tanker Sri Asih have been discharged. The authorities are investigating the cause of the blast, which caused minor damage

Turkey Tankers and Gas

Product tanker blast at Turkish shipyard

An explosion on the product tanker Sri Asih at a Turkish shipyard has injured five people and damaged the vessel’s structure, according to Lloyd’s List Intelligence

Turkey Tankers and Gas

The week in charts: Capesize index nosedives; ‘bad bet’ on scrubbers

After last week’s 13-month high, capesize spot rates have dropped sharply, largely because of the news of a ban on Australian coal imports by China. Meanwhile, new research shows scrubber installations are looking increasingly like a losing bet for investors

Week in Charts Containers

UN struggles to gain access to dangerous wreck off Yemen

A deal between the warring sides could take another seven weeks. But the Houthi rebels who control Safer have struck deals in the past only to back out later, and it is not clear all the Houthis would abide by an eventual deal

Middle East and Africa Yemen

Shipping’s scrubber gamble ‘looks like yesterday’s solution’

The industry’s $6bn investment in scrubbers was based on an assumed price spread between high-priced low-sulphur fuels and low-priced high-sulphur fuels, but refiners and traders upended that assumption by creating cheap blends

International Bunkers

LNG marine fuel phase-out urged to drive decarbonisation

Shipping faces immense financial, technological and regulatory challenges to meet the target of cutting greenhouse gas emissions by 40% by 2030

International Containers

LNG boxship conversions not economically viable

Hapag-Lloyd acquired 17 ‘LNG-ready’ containerships when it merged with UASC. One is now being converted to use LNG, but unless costs can be controlled the remainder may continue to use traditional fuels

Europe Germany

Boxship sector takes first steps towards ammonia use as fuel

Joint development programme receives design in principle approval from Lloyd’s Register for ammonia-fuelled vessel

Europe Asia Pacific
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