All News

 

Bunker suppliers need to change their business model

(Oct 05 2018)

Physical fuel suppliers need to fundamentally transform their traditional models of supply in order to survive, claimed Adrian Tolson, senior partner of consultancy 20|20 Marine Energy.



Maersk Tankers to move to new office

(Oct 05 2018)

Maersk Tankers is to relocate its Copenhagen head office from Nicolai Eigtveds Gade to Holmbladsgade next year.



OPEX fall noted for sixth year running

(Oct 05 2018)

Total annual operating costs in the shipping industry fell by 1.3% in 2017, compared to an average fall of 1.1% recorded for 2016, Moore Stephens said in its latest OpCost report.



Change of accounting policy hits SNL’s bottom line

(Oct 05 2018)

Stolt-Nielsen (SNL) has reported a net profit of $3 mill for the third quarter of this year, after a $12.9 mill negative impact, compared to a profit of $9.5 mill in the previous quarter.



Pyxis refinances tanker

(Oct 05 2018)

Pyxis Tankers has completed the refinancing of a previous loan facility for the 2015-built MR ‘Pyxis Epsilon’.



Tanker companies join scrubber alliance

(Oct 05 2018)

Several tanker companies are involved in an initiative to promote the use of scrubbers ahead of the 2020 low sulfur cap.



Newport Group looks to scrubbers

(Oct 05 2018)

Shiprepairer Newport Shipping Group has purchased 100 scrubbers with options for another 100 units.



Markets - A light at the end of the long dark tunnel

(Oct 05 2018)

After a year when rates have scraped the bottom, VLCC owners are finally seeing the early stages of a winter recovery.



Markets - Recycling markets firming

(Oct 05 2018)

On the back of some aggressive and ongoing cash buyer speculation, markets surged even further last week.



Wärtsilä splits into two

(Oct 05 2018)

Technology giant Wärtsilä has split its operations into two business areas - Wärtsilä Marine Business and Wärtsilä Energy Business.



Wärtsilä to supply Transas simulators to Warsash

(Oct 05 2018)

Wärtsilä has won a contract to provide a full suite of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, UK.



Shipping people on the move

(Oct 05 2018)

The International Group of P&I Clubs has appointed Nick Shaw, Global Industry Group Leader at law firm Reed Smith, as CEO.



Shipboard paint maintenance e-learning modules introduced

(Oct 05 2018)

In co-operation with Seagull Maritime, paint and coating suppliers, Jotun, has developed e-learning modules to address on board paint maintenance, with an emphasis on in-service treatments.



Bunker Connect signs up Anthony Veder

(Oct 05 2018)

Anthony Veder and Bunker Connect have signed a bunker procurement and management contract for the Amsterdam-Rotterdam-Antwerp (ARA) range of ports.



IMO sulphur 2020 limit – no delay

(Sep 28 2018)

The new lower 0.5% limit on sulfur in ships’ fuel oil will be in force from 1st January, 2020, under IMO’s MARPOL treaty, the organisation has stressed.




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Sept 2018

SMM - scrubbers - coatings - drones - ethane powered tankers - MEG4 - contaminated fuel oil