All News

 

2018 a breakthrough year for shipping team collaboration software - SEDNA.

(May 18 2018)

Software company SEDNA Systems has reported a major uptake in the use of team collaboration and transaction management software by shipping companies.



Hydrex deals with challenging hull repair

(May 18 2018)

Underwater repair specialist Hydrex claimed when hull damage leads to the classification society to only allow temporary repairs, there is a practical solution that allows a ship to continue sailing until a permanent repair can be scheduled.



Sanguinetti to become UK Chamber CEO

(May 18 2018)

Bob Sanguinetti has been appointed as the CEO of the UK Chamber of Shipping, replacing Guy Platten.



Improved reporting formalities are crucial - Danish Shipping

(May 18 2018)

Danish Shipping has welcomed the European Commission's recently presented proposal for improvement of the reporting facilities for ships calling at EU ports.



Hunter Group raises funds for VLCCs

(May 18 2018)

Oslo-based Hunter Group has confirmed that it has instituted a private placement of new shares to raise NOK520 mill (about $65 mill).



Sales and leasebacks prove popular

(May 18 2018)

Two major sales and leaseback deals have been reported this week aimed at increasing companies liquidity.



IACS and IMO go hand in glove

(May 18 2018)

In support of a programme of events to celebrate the 70th Anniversary of the adoption of the IMO Convention, IACS Council Chair and DNV GL Maritime head, Knut Ørbeck-Nilssen, spoke at an IMO forum - ‘IMO 70: Our Heritage – Better Shipping for a Bette...



Tanker’s hull damaged in collision

(May 18 2018)

The Aframax ’Tofteviken’ suffered a 30 ft gash along her port side hull in a collision with a commercial fishing vessel on 12th May.



Ecochlor wins large tanker contract

(May 18 2018)

US-based ballast water treatment system (BWTS) manufacturer, Ecochlor has signed a contract to retrofit 36 vessels owned by companies attached to the Angelicoussis Shipping Group (ASGL).



OceanGuard goes for USCG type approval

(May 18 2018)

The US Coast Guard Marine Safety Center (MSC) has received its 14th application for Ballast Water Management System (BWMS) type approval for the OceanGuard system manufactured by Headway Technology.



Songa opts for scrubbers

(May 18 2018)

After evaluation of available options, Glasgow-based Songa Shipmanagement, part of Oslo-based Blystad Group, selected CR Ocean Engineering (CROE) to supply exhaust gas cleaning systems (scrubbers) for its 14 oil/chemical tankers and heavy lift vessel...



Teekay losses lessen

(May 18 2018)

Teekay Corp has reported a consolidated GAAP net loss of $20.6 mill and a consolidated adjusted net loss of $18.3 mill for the first quarter of 2018, compared with a consolidated adjusted net loss of $35.7 mill for 1Q17.



TORM shows a small profit

(May 18 2018)

Copenhagen-based products tanker owner and operator, TORM reported EBITDA of $37 mill for the first quarter of this year, down from $44 mill recorded in 1Q17.



NAT remains in the red

(May 18 2018)

Suezmax champion, Nordic American Tankers (NAT) suffered a net loss of $18.7 mill in the first quarter of this year, against a net loss of $151.4 mill in 4Q17, which was impacted by non-cash impairment charges.



MISC revenues and profit take a hit

(May 18 2018)

Petronas subsidiary, MISC Group, revealed that first quarter 2018 revenue and profit before tax fell by 32.3%, compared with the corresponding quarter of 2017.




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Apr 2018

Denmark, tanker arbitration, ice class, oily water discharge, drone surveys