GTI Statia extends terminal towage contract with Svitzer in St. Eustatius, the Caribbean

(Jun 11 2020)

Svitzer, global towage operator and part of Maersk, announced a three-year extension of their marine service contract with GTI Statia (GTIS), one of the largest independent crude and refined product storage terminals serving the U.S. Gulf Coast and C...



FRO – announces launching of ATM equity offering

(Jun 04 2020)

Frontline Ltd. (“Frontline” or the “Company”) yesterday announced the Company entered into an Equity Distribution Agreement dated June 3, 2020, with Morgan Stanley & Co. LLC (“Morgan Stanley”) for the offer and sale of up to $100.0 million of common ...



Brunvoll continues its success in securing big orders on thrusters!

(Jun 04 2020)

Yet another contract has been secured re-confirming Brunvoll's position as a world-leading partner on thruster systems for Shuttle Tankers with Dynamic Positioning.



AET takes delivery of first of four DP2 shuttle tankers for Petrobras charter

(May 28 2020)

AET, a leading energy logistics provider, took delivery of Eagle Petrolina, the first of four Suezmax Dynamic Positioning (DP2) Shuttle Tankers purposed built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, the Brazilian multinational ...



Hafnia Interim Financial Information Q1 2020

(May 28 2020)

Q1 highlights:



Hartmann orders ME-LGIP engines for LPG tankers

(May 21 2020)

Leading German shipowner orders MAN Energy Solutions propulsion package featuring dual-fuel prime movers.



PAO Sovcomflot: Q1 2020 Results

(May 21 2020)

PAO Sovcomflot (SCF Group), a global leader in energy shipping and servicing offshore oil and gas production, reported its results for the first quarter (Q1) ended 31 March 2020.



Tokyo MoU Annual Report reflects the best quality and safety standards of the Marshall Islands

(May 21 2020)

The Republic of the Marshall Islands (RMI) has been recognized as a top performing major flag State in the Tokyo Memorandum of Understanding’s (MoU’s) Annual Report on Port State Control in the Asia-Pacific Region (the “Report”).



Thun Tankers orders a second NaabsaMAX product tanker

(May 21 2020)

Thun Tankers BV has placed an order for a second 4,250-deadweight product tanker.



FRO – first quarter 2020 results

(May 21 2020)

Frontline Ltd. (the “Company” or “Frontline”), yesterday reported unaudited results for the three months ended March 31, 2020.



PAO Sovcomflot Board of Directors reviews Q1 2020 results

(May 21 2020)

On 19 May 2020, the Board of Directors of PAO Sovcomflot (SCF Group) held a meeting to review the Company’s results for Q1 2020.



Advanced Polymer Coatings appoints Navkratis Ltd. as sales agent in Cyprus

(May 14 2020)

Advanced Polymer Coatings (APC) continues to expand its worldwide reach, appointing Navkratis Ltd. as its new sales agent covering the Cyprus market, an area well noted for its position in the worldwide shipping industry.



Team Tankers International Ltd. announces 1st Quarter 2020 results

(May 14 2020)

Team Tankers International Ltd. reported EBITDA for the 1st quarter of $16.5 million, compared with $15.8 million in the 4th quarter of 2019 (Q1'19: $14.0 million).



Scorpio Tankers Inc. announces purchase of common shares by Scorpio Services Holding Limited

(May 14 2020)

Scorpio Tankers, Inc. (the “Company”) announced that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 100,000 common shares of the Company at an average price of $17.36 per share in the open market.



Scorpio tankers Inc. announces financial results for the first quarter of 2020

(May 07 2020)

Scorpio Tankers Inc. ("Scorpio Tankers" or the "Company") reported its results for the three months ended March 31, 2020.




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June 2020

low carbon strategy - digital tanker market models - battery explosions - better catering onboard - challenges of ballast installations