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MPA pumps S$12 million more to promote S'pore's LNG bunkering

Singapore THE Maritime and Port Authority of Singapore (MPA) has injected another S$12 million to boost Liquefied Natural Gas (LNG) bunkering in the Port of Singapore. Half the amount has been set aside to co-fund the building of new LNG bunker vessels (LBVs) to facilitate the development of ship-to-ship LNG bunkering in the Port of Singapore, while the other half will be used to top up the MPA's existing co-funding programme to support the...


Slippery coating could save maritime industry $40 billion a year

A slippery coating could save the maritime industry billions of dollars by keeping pesky organisms such as mussels and algae off ships. These organisms, which increase fuel consumption by causing frictional drag and are difficult to remove, are estimated to cost the shipping industry $40 billion worldwide each year. A joint research project by Harvard University and Nanyang Technological University (NTU) has found that a special coating can...


Cosco and PSA to launch new berth in S'pore

China's Cosco Shipping Ports is launching a new berth at its joint venture container terminal with PSA in Singapore. The two parties inked a memorandum of understanding yesterday for the berth, which will be Cosco Shipping Ports' third at the Pasir Panjang Terminal. This will raise the handling capacity of the terminal, Cosco-PSA Terminal, to a total of three million twenty-foot equivalent units (TEUs) a year. Cosco Shipping Ports in March...


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