China Merchants to order VLCC quartet
The vessels are priced at $85m each, suggesting the orders will be placed at Chinese yards. By the end of September, China Merchants Energy Shipping owned 52 very large crude carriers in operation and had one unit on order.
Greek owners demand ‘immediate’ action over kidnappings
The call came two days after another nine seafarers were snatched from a Norwegian bulker off Benin.
Scrubbers are tried, tested and still getting better
Exhaust scrubbing technology already has a 60-year track record, and will become better yet, its enthusiasts insist.