All News

 

OCIMF denied appeal in Capt Rashid case

(Nov 15 2019)

The Oil Companies International Marine Forum (OCIMF) has been denied leave to appeal the decision by the Court of Appeal of unlawfully removing the accreditation of Capt Arshad Rashid as a ship inspector.



GoG piracy - ITF calls for collaborative action

(Nov 15 2019)

The International Transport Worker’ Federation (ITF) has called for urgent global and regional co-operation to fight piracy in the Gulf of Guinea.



Microbial influenced corrosion could result from low sulfur fuels

(Nov 15 2019)

LuminUltra, the microbial monitoring specialist, has highlighted concerns over the quality of some compliant fuels ahead of IMO2020.



MPC buys into tanker charter operation

(Nov 15 2019)

German investment vehicle, MPC Capital, has acquired a 50% stake in Albis Shipping & Transport, Hamburg.



Catalogue of errors led to frigate and Aframax collision

(Nov 15 2019)

The Norwegian Accident Investigation Board (AIBN) has released the first phase of its report into last year’s collision involving the Norwegian frigate ‘Helge Ingstad’ and the 2017-built Aframax ‘Sola TS’.



Safety in Polar waters addressed

(Nov 15 2019)

New joint guidelines for Polar waters operation have been released by the ICS and OCIMF.



Teekay Corp hit by FPSOs impairment charge

(Nov 15 2019)

Due to an impairment charge of $175.8 mill, Teekay Corp reported a GAAP net loss of $198.2 mill and an adjusted net loss of $24.1 mill.



Another FPSO for Petrobras agreed

(Nov 15 2019)

Mitsui & Co, Mitsui OSK Lines (MOL) and Marubeni Corp are to invest in a long-term charter currently being floated by MODEC to provide an FPSO for be located in the Búzios field off the Brazilian coast.



Markets - Recycling - Bangladesh loses its crown

(Nov 15 2019)

For the first time this year, the top spot on the sub-continent demo rankings was relinquished, as a beleaguered Bangladeshi market plummeted from first place down to last, GMS reported.



Owners holding onto tonnage

(Nov 15 2019)

During the last 10 months of 2019, just 30 tankers of over 25,000 dwt were reported sold for scrap.



Markets - VLCCs experiencing softer conditions

(Nov 15 2019)

An active VLCC market was seen last week, with most fixtures concluded under the radar, as the softer trend continued.



nauticAi becomes Inmarsat fleet data application provider

(Nov 15 2019)

Finnish start-up company nauticAi and Inmarsat have signed an agreement whereby nauticAi will join the group of certified application providers to Inmarsat’s fleet data service.



Skuld relies on investment income

(Nov 15 2019)

At Skuld’s Board meeting in London on 6th November, 2019 it was noted that the first six months of the 2019/20 policy year showed a small surplus.



Bahrain command centre opened to protect tankers

(Nov 08 2019)

The US-led naval coalition in the Middle East Gulf, established in response to attacks on tankers, opened a command centre in Bahrain on Thursday, the US Fifth Fleet said.



CPO Tankers becomes Zeaborn Tankers

(Nov 08 2019)

Claus-Peter Offen Tankschiffreederei (CPO Tankers) has been renamed ZEABORN Ship Management Tanker (Zeaborn Tankers).




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Jul-Aug 19

Greece, alarm fatigue, Fujairah explosions, scrubbers, tank cleaning