News 2022 September 20

Tufton Oceanic Assets acquire two product tankers for $73.0 mln

Garmin adds eight marine companies to its OneHelm roster

Rosmorport to resume construction of fleet maintenance base in Ust-Luga this September

Port of Rotterdam Authority announces the contract for the construction of a new pipeline strip along the Moezelweg to Swietelsky Rail Benelux B.V.

RF Ministry of Finance backs setting zero VAT for ship repair companies if their entire profit is spent for development

China Classification Society announces delivery of newbuilding LNG bunker vessel “XIN AO PU TUO HAO”

Jörg Stratmann appointed as CEO of Rolls-Royce Power Systems and Andreas Strecker appointed as CFO

EFIP-ESPO issue joint statement on low water levels

USC set to deploy its underloaded facilities for repair of civil ships

Shanghai Containerized Freight Index down 9.7 percent to 2,312.65 - BusinessKorea

Marco Polo Marine to build, own and operate commissioning service operation vessel

Fishery Shipowners Association estimates demand for investments in ship repair facilities at RUB 20 billion

Maersk Product Tankers names Claus Gronborg new CEO

WasteFuel announces launch of WasteFuel Methanol Module

CLdN to acquire Seatruck Ferries from Clipper Group

CEVA Logistics signs multi-year ocean capacity agreement with HMM

Russia’s ship repair market to grow to RUB 144 billion by 2035 – expert

EuroDry announces agreement to sell a 2000-built Panamax bulk carrier

FESCO launches new service from Yokohama to Uzbekistan for delivery of Japanese AM parts

Sakhalin Energy and REP Holding sign cooperation agreement

DP World wins latest judgement in Hong Kong Court over Djibouti concession

Marine insurance adapting to a world in transition, says IUMI President

Port of Singapore throughput in 8M’2022 fell by 3.3% to 388.66 million tonnes

Port of Singapore bunker sales in 8M’2022 fell by 6% YoY

TotalEnergies Marine Fuels successfully bunkers CMA CGM containership with sustainable marine biofuel in Singapore

Container throughput of Hong Kong port (China) in 8M’2022 fell by 4.4% to 11.29 million TEU

Sanmar Shipyards and IGUS join forces to build the simplest and most compact shore electric bunkering system

Freeport of Ventspils cargo turnover in 8M'2022 increased by 24% YoY

Crude oil futures are almost flat following the recent growth

MABUX: Upward evolution to continue on the global bunker market on Sep 20