1.Hong Kong-based cruise operator Genting Cruise Lines is spending more money on the refurbishment of Dream Cruises’ Explorer Dream to incorporate the installation of scrubber systems, the company said on Wednesday.
2.Austal’s Philippines shipyard has delivered a 50-meter catamaran to Taiwanese Brave Line in what is the company’s first commercial contract in the East Asian country.
3.Saga LNG Shipping, a new Chinese LNG shipping company controlled by Landmark Capital, held a naming ceremony for its first ship at China Merchants Heavy Industry’s (CMHI) Jiangsu yard on 13th March.
4.China’s Ningbo Xinle Shipbuilding Group announced that the company has signed a contract with M.E.Marittima Emiliana SPA to build two 4,500 dwt chemical tankers.The vessels are scheduled for delivery in 2020, and will be chartered to ExxonMobil.
5.The much-anticipated meeting between US President Donald Trump and China's President Xi Jinping to sign an agreement to end their trade dispute will likely be pushed back to April at the earliest, sources say.
6.In the week BP rolled out its global sales outlets for low sulphur bunker fuel and Shell made plans to produce compliant fuel at a refinery in Wilhelmshaven, and Sinopec seeks export quotas from Beijing for low sulphur fuels
7.Merger speculation between China’s two top state-run shipbuilders, China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), is heating up further with leaders from both groups meeting yesterday at the headquarters of CSSC.
8.Seven China-built vessels are to be sold and leased back by Scorpio Bulkers in a deal with a China Merchants Bank-backed leasing house.CMB Financial Leasing will buy three ultramax and four kamsarmax bulk carriers, which together are worth $150.3m, according to VesselsValue estimates.
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