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(May 25 2018)
The worst crude oil tanker performers thus far this year were Aframaxes trading in the North Sea, Gibson Shipbrokers said in a report.
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(May 25 2018)
The International Chamber of Shipping (ICS) has warned of ‘chaos and confusion’ unless the IMO urgently resolves some serious issues concerning the implementation of the forthcoming 0.5% sulfur in marine fuel cap.
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(May 25 2018)
In another warning, North P&I said that shipowners will have some very difficult and important decisions to make on how to comply with the 1st January 2020 sulfur cap.
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(May 25 2018)
On 19th May, 2018, the recently delivered chemical tanker, ‘Fure Vinga’, bunkered LNG for the first time in Europe.
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(May 25 2018)
PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long-term energy projects.
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(May 25 2018)
Nordic Shipholding claimed that it had started the year on a positive note, as the average daily TCE rate in January, 2018 and February, 2018 for the six tankers in the fleet was about 25% higher than the average TCE rate in 4Q17.
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(May 25 2018)
Energy trading company, Gunvor Group, has teamed up with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new shipholding company.
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(May 25 2018)
Jones Act tanker owner American Shipping Co (AMSC) has reported stable first quarter 2018 bareboat revenue of $21.6 mill.
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(May 25 2018)
FIRST Ship Lease Trust has confirmed it had received a loan offering to refinance its remaining two chemical tankers and has also completed a $7.25 mill bond issue.
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(May 25 2018)
The Institute of Marine Engineering, Science and Technology (IMarEST) has partnered with tanker specialists Norstar Shipmanagement in Singapore and Norstar Crew Management based in Myanmar.
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(May 25 2018)
Wärtsilä has reached the 100th order milestone for its fuel gas supply systems.
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(May 25 2018)
Another week with relatively high VLCC activity on all the major routes.
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(May 25 2018)
After a bumper period of demolition sales, last week slowed down, GMS reported.
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(May 25 2018)
Piracy events off the Horn of Africa doubled last year, compared to 2016, indicating that Somali criminal networks are still capable of sophisticated attacks, said the Oceans Beyond Piracy (ORB) 2017 annual report.
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(May 25 2018)
IACS member, Korean Register (KR) has updated its SeaTrust-HullScan software to offer much faster operating speeds and many more functions.
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