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Shipping companies may adopt LNG as fuel faster than expected on carbon regulations – BSM

The shipping industry may adopt liquefied natural gas (LNG) as a fuel faster than expected because of stricter environmental regulations that target carbon dioxide emission, according to an executive at maritime agency Bernhard Schulte Shipmanagement (BSM). The Energy Efficiency Design Index (EEDI) regulation enacted by the International Maritime Organization (IMO) in 2013 will require newly [...]

By | October 27th, 2017|News|0 Comments

Samudera Shipping Back In Profit Zone, But Warns Not out of the Woods Yet, As Challenging Conditions Still the Norm

The Group recorded a 7.4% increase in revenue to USD71.2 million for the second quarter ended 30 June 2017 (“2Q17”), from USD66.3 million in the corresponding quarter a year ago (“2Q16”). The improvement came mainly on the back of higher revenue contribution from its container shipping business segment. Driven mainly by the increase in container [...]

By | October 27th, 2017|News|0 Comments

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