Northern Lights JV DA and Kawasaki Kisen Kaisha, Ltd. (“K” LINE) have signed Bare Boat Charter and Time Charter contracts for the management of the third CO2 ship.
ABP’s visionary plans centre around energy, and include a focus on harnessing wind and solar sources, which will ultimately be linked to hydrogen electrolysis and e-fuels manufacturing plants.
The contracts are for two mid-size LPG carriers for a Chinese shipyard customer and European owner plus six Very Large Ammonia Carriers (VLACs) for a Chinese shipyard customer and an Asian-based shipowner.
The Mission to Seafarers' Happiness Index shows another fall in seafarer happiness in Q4 2023, with concerns over workload, stagnated wages, social isolation and lack of respect