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Monthly Archives: November 2021

Euronav Concludes B50 Biofuel Blend Trial

After a successful completion of a B30 biofuel blend test on the Suezmax Statia (2006 – 150,205 dwt), Euronav has now successfully concluded a B50 biofuel blend trial on its Suezmax Marlin Sardinia (2019 – 156,607 dwt). The biofuel, by marine…
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Castor Maritime Announces New Charter Agreements

Cyprus-based shipping company Castor Maritime Inc. announced it has secured new charter agreements for several of its bulk carrier vessels.The 2010-built Panamax dry bulk carrier Magic Nova has been fixed on a time charter contract at a gross…
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Stolt Tankers Reports 6% CO2 Emissions Reduction

Latest figures show that Stolt Tankers has reduced its fuel consumption by 6% compared to 2020. The related reduction in CO2 emissions is equivalent to removing 18,000 cars from the roads for a year.To support the shipping industry’s drive to reduce it...
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Eagle Bulk Names Tsoutsoplides Chief Strategy Officer

U.S.-based dry bulk shipping company Eagle Bulk Shipping on Thursday announced ithas appointed Costa Tsoutsoplides to the newly created chief strategy officer position. In this role, Tsoutsoplides will have broad responsibilities in developing…
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SBM Offshore to Build Fourth FPSO for Exxon in Guyana

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guy...
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