Due to current market weakness the company plans to bring forward six scheduled dry dockings and two special surveys. Around 11 VLGC remain to be retrofitted with dual-fuel LPG propulsion engines, out of which eight ships are scheduled in 2021 with the first likely to enter yards in mid-March

Clients have not cancelled any projects on Sembmarine’s orderbook, which has diversified beyond projects in the offshore oil and gas sector, says the shipyard group’s chief executive

Four crew were injured and two taken to hospital with burns after an explosion on a Hong Kong-flagged capesize bulk carrier at the port of Gibraltar on Friday night

The acquisition is being funded through internal resources as Yangzijiang widens its base of related companies

ABB has worked across several industrial sectors. It found that digital silos is a common problem. The Ability Genix platform aims to provide advanced analytics for mid- to large companies

The company, which had 16 off-hire days in the fourth quarter of last year because of deviations and longer port stays, said it continues to face challenges related to crew changes

Ships currently running on liquefied natural gas are forecast to switch to ammonia rather than hydrogen as a next-generation fuel, DNV GL says. But owners will not take the plunge unless they can be assured of fuel availability

Manning costs were up by 6%, and there are signs that the virus has deepened an existing officer shortage. Drydocking expenses rose by 5% as shipyards closed in early 2020, pushing work into the second half

The leading yard operating group will seek to diversify into next-generation energy projects including in the growing offshore wind, solar energy, hydrogen and tidal energy segments