All News

 

Valentis optimistic going forward

(May 18 2018)

Pyxis Tankers reported TCE revenues of $4.5 mill, which resulted in net income of $0.6 mill, while adjusted EBITDA was $0.1 mill for the first quarter of this year.



Skuld claims 15 years of positive results

(May 18 2018)

Insurance and P&I service provider Skuld has increased its bottom line result to $58 mill ($51 mill in 2016 before members’ credit) for the 2017 financial year, ending 20th February, 2018, as well as a total combined ratio of 97%.



Markets - Softening rates scenario returns

(May 18 2018)

After a rather busy time for VLCCs recently, activity stalled this week and along with the sentiment, rates softened.



Markets - VLCC recycling continues

(May 18 2018)

Following the official reopening of the Pakistani market for tankers, the offloading of the plethora of unsold tanker/VLCC tonnage continued at pace last week, as interested Pakistani Buyers eagerly filled their plots.



Palau registry appoints TMG as deputy registrar

(May 18 2018)

Palau International Ship Registry (PISR) has appointed The Maritime Group (International) (TMG) as deputy registrar for the Palau Flag.



Fully automated ECDIS updating now available

(May 18 2018)

Norwegian-based navigation service supplier Nautisk has launched an automated and secure ECDIS chart update feature.



Singing the praises of blending-on-board

(May 18 2018)

Maersk Fluid Technology (MFT) has published a white paper examining the benefits of blending-on-board (BOB) on system oil.



CREWimpact interfaces with Seagull

(May 18 2018)

Maritime training provider, Seagull, has collaborated with IT specialists, SOFTimpact, to develop a web interface between their software systems.



MeteoGroup upgrades SPOS

(May 18 2018)

Weather information supplier,MeteoGroup, has upgraded its weather routing solution SPOS (Ship Performance Optimisation System).



Sulfur 2020 online tool launched

(May 18 2018)

Lloyd’s Register (LR) has unveiled the ‘Sulphur 2020 – Options Evaluator’ to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.5% m/m, which comes into effect on 1st January, 2020.



Inmarsat’s Fleet Xpress network service device hardware replacement launched

(May 18 2018)

What is claimed to be the world’s first satellite device that combines the Inmarsat Fleet Xpress network service device (NSD) with the RedPort optimiser enterprise satellite router and VoIP gateway has been launched by RedPort Global.



Port State Control to look at MARPOL Annex VI

(May 18 2018)

The Paris MoU is to mount a concentrated inspection campaign (CIC) on MARPOL Annex VI, which will be carried in co-operation with the Tokyo MoU.



Asian shipowners address pressing concerns

(May 18 2018)

Several topics were discussed at the Asian Shipowners’ Association’s (ASA) 27th Annual General Meeting held on 15th May, 2018 in Hong Kong, China, hosted by the Hong Kong Shipowners Association (HKSOA).



Risk of arrest off Libya

(May 11 2018)

Oil smuggling activities in waters off the Western Libya coast continue to pose risks to vessels sailing in these waters, insurance and P&I service provider Gard has warned.



Howe Robinson joins tanker rate panels

(May 11 2018)

London broking house, Howe Robinson Partners (UK), has joined the Management Committee of the London Worldscale Association and has also become a member of the London Tanker Brokers’ Panel (LTBP).




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Apr 2018

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