All News

 

IMO’s MSC to discuss key issues

(Nov 16 2018)

The IMO’s Maritime Safety Committee (MSC) will convene for its 100th session between 3rd and 7th of December.



BIMCO addresses biofouling and other issues

(Nov 16 2018)

With mounting pressure for biofouling management, BIMCO is launching a survey to gain insight into how shipowners are dealing with this issue.



InterManager asks crew to help find enclosed space solutions

(Nov 16 2018)

InterManager has launched a campaign to encourage seafarers to think about safety issues when working in enclosed spaces and to identify measures, which they believe would reduce risks.



STX receives LR AiP for LNG-fuelled MR tanker

(Nov 16 2018)

Lloyd's Register (LR) has awarded an approval in principle (AiP) to STX for a 50,000 dwt MR design able to use LNG as a fuel.



ITF welcomes fair treatment of seafarers statement

(Nov 16 2018)

International Transport Workers’ Federation (ITF) general secretary, Stephen Cotton, and a delegation of ITF unions, was at a regional meeting in Manila involving Asia’s leading seafaring nations that agreed the first ‘Manila statement on the fair tr...



USCG MSC issues 13th BWMS type approval

(Nov 16 2018)

The US Coast Guard’s Marine Safety Center has issued the 13th USCG ballast water management system (BWMS) type approval certificate.



Langh Tech to deliver scrubbers to Greek owners

(Nov 16 2018)

Langh Tech has secured a large deal in Greece for the delivery of 10 scrubber systems for nine bulk carriers and a tanker.



Teekay Corp narrows losses

(Nov 16 2018)

Teekay Corp has reported a GAAP net loss of $12 mill, and adjusted net loss of $11.4 mill for the third quarter of 2018.



Teekay Tankers sees strengthening market

(Nov 16 2018)

Teekay Tankers reported a GAAP net loss of $17.5 mill, and adjusted net loss of $18 mill, for the third quarter of 2018, compared to $27.4 mill and $28.7 mill, respectively for the previous quarter.



Hunter declares a net profit

(Nov 16 2018)

New VLCC player, the Hunter Group, reported a net profit from continuing operations of NOK5.2 mill in the third quarter of this year.



Pyxis blames challenging market for disappointing results

(Nov 16 2018)

For the three months ended 30th September 30, 2018, Pyxis Tankers reported TCE revenues of $2.6 mill, which resulted in net loss of $4.1 mill, while the adjusted EBITDA was negative $1.5 mill.



TORM suffers in low market

(Nov 16 2018)

TORM reported an EBITDA of $14.7 mill for the third quarter of this year, compared to $37 mill in 3Q17.



NAT reports rising rates but increased losses

(Nov 16 2018)

Nordic American Tankers (NAT) recorded a net loss of $38 mill for the third quarter of this year, compared with a loss of $27.2 mill in the previous quarter.



Declining TCE revenues hit OSG’s bottom line

(Nov 16 2018)

Overseas Shipholding Group (OSG) reported a shipping revenue fall of 13.7% to $80.5 mill in the third quarter of this year, compared to the same period in 2017.



Team also suffers in low rate climate

(Nov 16 2018)

Team Tankers International reported EBITDA for the third quarter of $0.7 mill, compared with $6.7 mill in 2Q18 and $4.6 mill in 3Q17.




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October 2018

Who will replace lost Iranian exports- Interview with AET about the benefits of Singapore - ballast water - underwater ship inspections