All News

 

TORM narrows loss

(Nov 29 2019)

Product tanker owner TORM has reported an EBITDA for the third quarter of 2019 of $32 mill, compared with $14.7 mill for the same period of 2018.



Vessel sales hit DSS’ bottom line

(Nov 29 2019)

Diamond S Shipping (DSS) has reported a net loss of $25.9 mill for the third quarter of this year, compared to a net loss of $22 mill in the third quarter of 2018.



OSG reports revenue increase

(Nov 29 2019)

Overseas Shipholding Group (OSG) has reported shipping revenues for the third quarter 2019 of $80.9 mill, up 0.5% on the same period of 2018.



D’Amico International narrows losses

(Nov 29 2019)

For the third quarter of this year, d’Amico International Shipping (DIS) reported a negative net result of $8.1 mill, compared with a loss of $21 mill in 3Q18.



Teekay Tankers sees stronger fourth quarter

(Nov 29 2019)

Teekay Tanker has reported GAAP net loss of $19.9 mill and an adjusted net loss of $21.2 mill for the third quarter of 2019.



Team Tankers still in the red

(Nov 29 2019)

Team Tankers International has reported EBITDA for the third quarter of this year of $13.4 mill, compared with $11.8 mill in 2Q19 and $0.7 mill in 3Q18.



Pyxis reduces net loss - sees increased EBITDA

(Nov 29 2019)

Pyxis Tankers reported net revenues of $7.3 mill for the third quarter of this year.



Cornes buys GNS

(Nov 29 2019)

Chart business, Cornes Chart Group has acquired GNS.



Study shows PPG coatings produce improved vessel performance

(Nov 29 2019)

A study conducted on behalf of coatings manufacturer, PPG concluded vessels using its fouling release and antifouling coatings showed improved speed and power performance.



MAN’s controller platform ‘Triton’ passes major milestone

(Nov 29 2019)

MAN Energy Solutions’ electronic ‘ME’ engine portfolio reached another milestone when its ‘Triton’ platform recently passed TAT (Type Approval Test) in Japan.



Seabury Maritime and LR join forces

(Nov 29 2019)

Seabury Maritime, a US-based global maritime investment banking and industry advisory company and a subsidiary of Seabury Capital Group, has formed a strategic partnership with Lloyd’s Register (LR).



Kyklades takes advantage of e-learning platform

(Nov 29 2019)

SQLearn has signed an agreement with Kyklades Maritime Corp to provide e-learning services for its 19 vessel fleet via the Dolphin System.



Wärtsilä opens another expertise centre

(Nov 29 2019)

Wärtsilä has opened an expertise centre (EC) in Singapore.



OCIMF denied appeal in Capt Rashid case

(Nov 15 2019)

The Oil Companies International Marine Forum (OCIMF) has been denied leave to appeal the decision by the Court of Appeal of unlawfully removing the accreditation of Capt Arshad Rashid as a ship inspector.



GoG piracy - ITF calls for collaborative action

(Nov 15 2019)

The International Transport Worker’ Federation (ITF) has called for urgent global and regional co-operation to fight piracy in the Gulf of Guinea.




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Jul-Aug 19

Greece, alarm fatigue, Fujairah explosions, scrubbers, tank cleaning