All News

 

Macroeconomics and geopolitical events hit Wärtsilä’s bottom line

(Jul 19 2019)

Wärtsilä suffered an order intake decrease of 11% to €1,377 mill in the first half of this year, compared to €1,553 mill for 1H18.



Alfa Laval also hit

(Jul 19 2019)

Equipment manufacturer and supplier Alfa Laval has reported an order intake drop of 20% to SEK10,025 mill for the second quarter of this year.



Movers and Shakers

(Jul 19 2019)

Global port agency business, WaterFront Maritime Services (WaterFront) has opened a local agency office in Houston, Texas.



US calls for international effort to police Hormuz

(Jul 12 2019)

The US has called for an international naval force to patrol the area around the Strait of Hormuz in the light of increased tensions in the area.



Gulf of Guinea world’s worst for pirate attacks - IMB

(Jul 12 2019)

The area round West Africa remain the world’s most dangerous for piracy, the International Maritime Bureau’s (IMB) latest report claimed.



Enterprise plans further Houston expansion

(Jul 12 2019)

Enterprise Products Partners (EPD) has announced three additional expansion projects on the Houston Ship Channel.



SCF’s LNG-fuelled tankers successful first year

(Jul 12 2019)

Since taking delivery of the first of its ‘Green Funnel’ LNG-fuelled Aframax in July, 2018, PAO Sovcomflot (SCF) said that by using LNG as a primary fuel, a 30% reduction of CO2 emissions was evident, compared with similar vessels powered by traditio...



Zero emission plans for UK shipping

(Jul 12 2019)

All new ships for UK waters ordered from 2025 onwards should be designed with zero-emission capable technologies.



Long term charters buoy Ocean Yield

(Jul 12 2019)

Ocean Yield has reported an EBITDA of $56.8 mill for the second quarter of this year and an EBITDA adjusted for finance lease effects of $74.5 mill for the same period.



Markets - Recycling - Indian sub-continent activity on hold

(Jul 12 2019)

Bad weather put much of the activity in the sub-continent markets on hold last week, reported GMS.



Markets - No change

(Jul 12 2019)

Much the same was experienced in the VLCC market this week with limited inquiry, stagnant rates and too many available ships seeking employment, Fearnleys reported.



US refinery closure should help product tanker market - Gibson

(Jul 12 2019)

The recent explosion at Philadelphia Energy Solutions’ (PES) 335,000 barrels per day Philly refinery has come at an opportune time for product tankers trading in the Atlantic.



DESMI wins large tanker contract

(Jul 12 2019)

Stolt Tankers is to install DESMI Ocean Guard’s CompactClean ballast water management system (BWMS) on its fleet.



Tanker propeller blade modifications carried out afloat

(Jul 12 2019)

Recently Hydrex diver/technicians teams performed propeller blade modifications on several tankers.



Wrist adds Van Hulle to its portfolio

(Jul 12 2019)

Wrist Ship Supply has acquired Antwerp-based Van Hulle.




<<-newer older->>

May 2019

Nor-Shipping - ballast - remote surveys