All News

 

INSW’s losses increase

(Aug 09 2018)

International Seaways (INSW) has reported a net loss for the second quarter 2018 of $18.8 mill, compared to the net loss of $11.6 mill in the second quarter of 2017.



Low TCE earnings hit DHT

(Aug 09 2018)

DHT Holdings reported a net loss of $28.2 mill for the second quarter of this year, compared to a profit of $4.8 mill in the corresponding quarter of 2017.



NORDEN lowers full year results forecasts

(Aug 09 2018)

Due to a very weak tanker spot market, NORDEN has lowered its expectations for the adjusted result for 2018 to $0 to $30 mill, down from $10 to $50 mill.



Arcadia opts for ABS’ asset management programme

(Aug 09 2018)

Arcadia Shipmanagement selected ABS Advanced Solutions to implement an Enterprise Asset Management (EAM) Programme to further enhance the reliability of its 15 tanker fleet.



Cyberhawk completes first ABS CLASS survey and inspection of a tanker using UAVs

(Aug 09 2018)

Cyberhawk has successfully completed the first full ABS intermediate hull survey 4 on an oil tanker using unmanned aerial vehicles (UAVs).



Swedish tanker alliance expands

(Aug 09 2018)

The Gothia Tanker Alliance has received two vessels into commercial management portfolio.



TO Markets - Oil demand still growing

(Aug 09 2018)

According to McQuilling Services 2018 Mid-Year Tanker Market Outlook Update, global oil demand is expected to grow 1.5% in 2018 to over 99 mill barrels per day with significant gains projected in the middle-light end of the barrel.



Markets - Recycling - Declining prices

(Aug 09 2018)

For the first time in a long period, the ship recycling industry has witnessed progressively declining prices across all five major recycling destinations over the span of a few weeks.



NRG lands in Tuzla

(Aug 09 2018)

NRG Marine, the UK-based manufacturer of Sonihull ultrasonic anti-fouling systems, has appointed Bulutlu Marine as its distributor in Turkey.



ChartCo to introduce new platforms at SMM

(Aug 09 2018)

ChartCo is to unveil a completely new e-navigation and compliance platform at this year’s SMM in Hamburg.



Fleet Cell shipmanagement concept fine tuned

(Aug 09 2018)

V.Group has launched ‘Fleet Cell of the Future’, a prototype for the future of technical management and marine support services.



Half a million seafarers across the world have benefited from revolutionary app

(Aug 09 2018)

Half a million seafarers have benefited from an app that helps them as they move from port to port around the world, claimed the Sailors’ Society who invented it.



Liberia introduces several electronic certificate security features

(Aug 09 2018)

Liberia has made significant improvements to its web-based client interface system, WayPoint.



TO News on holiday

(Aug 09 2018)

Due to the Editor vacating his desk for a well earned rest, the next news roundup is not expected to be published until about 27th August.



Worldscale - where next?

(Aug 09 2018)

The concept of Worldscale is not an easy principle to grasp, particularly for those outside the tanker industry.




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June-July 2018

Norway report, anti-piracy, ballast water, emissions, Tanker Operator Athens report