Marine Fuel Sales in 2024 Break Records at Singapore Hub
Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.Sales totalled 54.92 million metric tons in 2023, data from the Maritime and Port Authority of Singapore (MPA) showed. Total sales surpassed a previous record of 51.82 million tons in 2023.Container throughput climbed to 41.12 million twenty-foot equivalent units (TEUs) in 2024…
Construction of Damen’s First Cutter Suction Dredger in Azerbaijan Well Underway
The first cutter suction dredger to be built in Azerbaijan, Damen Cutter Suction Dredger (CSD) 650, is progressing according to schedule, with a planned delivery later in 2025.Baku Shipyard is building the CSD 650, with the design of the dredger and its materials package delivered by Damen Shipyards Group.The dredger, which will be ready later this year, will be operated by the Port of Baku, a transport hub on the western shore of the Caspian Sea.Named Engineer Soltan Kazimov…
MOL and JERA Ink Charter for LNG Carrier Newbuild
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters. It will feature a membrane tank of 174…
- 1
- 2
