Marine & Industrial Report

Analysis

Korean firms develop ammonia engine emissions system

System cuts ammonia emissions by 99.7%.

Seatrium completes sale of Karimun Yard in Indonesia

The company expects over $50m in annual savings once fully implemented.

Hong Kong Q4 port cargo hits 44.8m tonnes

Containers fall 5.6% as outward cargo jumps.

Seatrium wins eighth Karpowership FSRU conversion contract

The project starts in the third quarter of 2026.

JMU and NYK sign tanker deal with guaranteed sea performance

The tanker will be delivered in March 2026.

Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake

Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.

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Analysis

Korean firms develop ammonia engine emissions system

System cuts ammonia emissions by 99.7%.

Seatrium completes sale of Karimun Yard in Indonesia

The company expects over $50m in annual savings once fully implemented.

Hong Kong Q4 port cargo hits 44.8m tonnes

Containers fall 5.6% as outward cargo jumps.

Seatrium wins eighth Karpowership FSRU conversion contract

The project starts in the third quarter of 2026.

JMU and NYK sign tanker deal with guaranteed sea performance

The tanker will be delivered in March 2026.

Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake

Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.

Exclusives

Commentary

Loss of IMO net zero scheme can spur better decarbonisation strategies

Any proposed emissions-reduction system needs to provide incentives, not just penalties. 

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