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StormGeo, a leading provider of weather intelligence and decision-support solutions for the shipping industry and part of Alfa Laval, announced today the launch of a new Carbon Intensity Indicator (CII) Simulator. The new tool simulates vessel carbon intensity by presenting a complete view of the CII rating and its commercial impact, helping shipowners and operators ...

U-Ming nets sustainability loan for LNG-powered bulkers April 13, 2021, by Jasmina Ovcina U-Ming Marine Transport Corporation, Taiwan’s largest publicly listed bulk carrier company, has secured its first sustainability-linked loan worth $45 million. The loan was obtained from E.SUN Commercial Bank and it was preceded by a rigorous due-diligence process that evaluated the company’s financial strength and ESG achievements. The loan incorporates an incentive scheme linked to pre-determined ESG targets, where U-Ming will enjoy a discount on inter...

U-Ming secures its First Sustainability-Linked Loan U-Ming Marine Transport Corporation (“U-Ming”) (TSEC code: 2606), Taiwan’s largest publicly listed bulk carrier company, has secured its first Sustainability-Linked Loan (“SLL”) of USD45 million with E.SUN Commercial Bank, a testimony on its long-standing commitment and accountability on sustainability. To secure the SSL, U-Ming underwent a rigorous due-diligence process that evaluated the company’s financial strength as well as ESG achievements. The SSL also incorporates an incentive scheme linked to pre-determined Environmental...

**[FREE eBOOKs] Have You Downloaded Marine Insight's 12 FREE Maritime eBooks?        Click Here To Download Now You are here: Home › Shipping News › U-Ming Christens Second 325,000 DWT VLOC Bulk Carrier ‘MV Grand Wisdom’ U-Ming Christens Second 325,000 DWT VLOC Bulk Carrier ‘MV Grand Wisdom’ December 29, 2020 TwitterFacebookLinkedInPinterestBuffer U-Ming Marine Transport (Singapore) Pte. Ltd., a fully-owned subsidiary of U-Ming Marine Transport Corporation (TSEC code: 2606 – one of the 9 public-listed companies of the Far Eastern Group), has held a Christening ceremony a...

U-Ming christens 2nd LNG-ready VLOC December 29, 2020, by Jasmina Ovcina U-Ming Marine Transport (Singapore), a fully-owned subsidiary of U-Ming Marine Transport Corporation, has held a christening ceremony at Qingdao Beihai Shipyard for M.V. Grand Wisdom, its second 325,000 dwt Very Large Ore Carrier (VLOC). The vessel is equipped with an advanced MAN B&W main engine, and embedded with LNG ready design concept, allowing flexibility to transform the ship into LNG dual-fuel in the future.  The VLOC is the second VLOC built for U-Ming by Qingdao ...