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On March 15th, 2019, the world’s largest bunker supply vessel (BSV) for liquefied natural gas (LNG) “Kairos” has conducted the first LNG bunker supply operation for the newbuild ferry MS “Visborg” at the ferry pier of the port of Visby, Gotland, Sweden.

The Canary Islands has been called the new Aberdeen of the mid-Atlantic, as it further positions itself as an alternative for maritime industry companies looking to operate in West Africa. Located between Europe, Africa, and the U.S., the islands and its ports offer many advantages to potential investors, such as:

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Subsea oil and gas engineering firm, Interventek, has committed investment in the region of £750,000 to support business growth in 2019 and beyond, with the addition of six staff and a new technology development and test center.

The technology group Wärtsilä has been awarded the contract to design a state-of-the-art multipurpose transport vessel that will operate in Antarctic waters. Wärtsilä will also provide the vessel with a comprehensive package of integrated propulsion and hybrid solutions to ensure highly efficient and environmentally sustainable operations.

Offshore Survey, which takes place alongside Ocean Business at the National Oceanography Centre in Southampton UK, from 10-11 April 2019, confirms two high profile speakers to deliver keynote presentations on each day of the conference.

Stena Bulk has made a major investment in scrubbers and before January 2020 16 units will be installed. 10 IMOIIMAXes, 5 Suezmaxes and one of standard MR will be equipped with the after-treatment system. The total investment is worth 55 MUSD, including equipment, installation and time out of service. Payback time of investment is between 1.5 and 2.5 years which has already been secured by hedging the fuel spread.

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