Peninsula’s PANAMA 100 product tanker will join the European Maritime Safety Agency’s (EMSA) network of stand-by oil spill response vessels in the Canary Islands for a four-year term. Announcing the contract, Peninsula said it followed more than a year of preparation. The PANAMA 100 will continue her normal commercial operations while remaining available to support EMSA’s marine pollution response capability when required. The vessel has been prepared for her additional role with the installation of specialist oil pollution response equipment and crew training. This includes Level 2 anti-pollution training with the Canary Islands Port Authority, alongside drills and exercises designed […]

Japan’s NYK has announced that it plans to issue transition bonds this month to fund projects aligned with its ‘Sail Green, Drive Transformations’ management plant. In a statement issued today (9 October), NYK said that: ‘These projects emphasise long-term transition strategies that contribute to decarbonization, including investments in LNG-fuelled vessels.’ This will be NYK’s seventh issuance of such bonds. The company issued its’ green bonds ‘in 2018, and its first ‘transition bonds’ in 2021. Meanwhile, NYK has also released a statement today reporting that it received the Green Shipping Excellence Award at the ShipTek International Conference & Awards ceremony which […]

Singapore LNG Corporation Pte Ltd held a groundbreaking ceremony today (9 October) to mark the start of construction works for its third jetty at the SLNG Terminal on Jurong Island. The new jetty will accommodate LNG carriers ranging in capacity from 5,800 cubic metres (cbm) to 80,000 cbm . It will complement the existing infrastructure on Jurong Island by being SLNG’s first jetty dedicated to serving small and mid-scale vessels. When completed in the second half (H2) of 2028, the third jetty will support approximately two million tonnes per annum (MTPA) of LNG bunker reload demand, while also accommodating break-bulk […]