ABS and HHI complete design simulation Joint Development Project

(Sep 17 2020)

ABS and Hyundai Heavy Industries (HHI) have completed a Joint Development Project (JDP) to build multi-physics simulations capable of analyzing the carbon-footprint of vessels in the design stage.



OCIMF restructures to focus on high-impact risks

(Sep 10 2020)

The Oil Companies International Marine Forum (OCIMF), the voluntary association of oil companies, has today announced that it has overhauled its committee structure in order to focus its resources on identifying and mitigating issues of highest-risk ...



PAO Sovcomflot: H1 2020 Results

(Sep 03 2020)

PAO Sovcomflot (SCF Group), a global leader in energy shipping and servicing offshore oil and gas production, reported its results for the first half (H1) 2020.



Billionaire Fredriksen names Svelland head of holding firm Seatankers

(Sep 03 2020)

Norwegian-born billionaire John Fredriksen has appointed a hedge fund manager as the next head of his family’s key holding company, which controls assets ranging from oil tankers and rigs to fish farming and finance.



FRO – Q2 2020 Presentation

(Sep 03 2020)

Please find enclosed the presentation of Frontline Ltd.’s second quarter 2020 results.



Saga Tankers ASA: Q2 2020 financial results

(Aug 27 2020)

Saga Tankers ASA (“Saga”, OSE: SAGA) reported a net asset value (NAV) of NOK 272 million end of the second quarter 2020, corresponding to NOK 1.02 per outstanding share, excluding minority interests and with Vallhall valued at book value.



Hunter Group ASA - second quarter results 2020

(Aug 27 2020)

Financial highlights:



Team Tankers International Ltd. announces 2nd Quarter 2020 results

(Aug 27 2020)

Team Tankers International Ltd. reported EBITDA for the 2nd quarter of $21.7 million, compared with $16.5 million in the 1st quarter of 2020 (Q2'19: $11.8 million).



Bahri signs $410m agreement to receive 10 new chemical tankers from Hyundai Mipo Dockyard

(Aug 27 2020)

Bahri, a global leader in logistics and transportation, signed a new agreement with Hyundai Mipo Dockyard, a member of Hyundai Heavy Industries (HHI) Group, which owns one of the largest state-of-the-art shipyards in the world, to build ten 49,999-dw...



Aurora Tankers takes delivery of first of a series of eight – Maritime Comity

(Aug 27 2020)

Aurora Tankers, a wholly owned subsidiary of IMC Industrial Group (IMC), launched the first of its eight newbuildings – Maritime Comity.



Hunter Group ASA - Hunter Frigg delivered

(Aug 27 2020)

Hunter Tankers AS (the "Company"), a wholly owned subsidiary of Hunter Group ASA, is pleased to announce that the delivery process of "Hunter Frigg" (NB No. 5470) was successfully completed.



MMEA Terengganu detains three tankers for illegally selling bunker fuel

(Aug 27 2020)

The Terengganu state division of Malaysia Maritime Enforcement Agency (MMEA) has reportedly detained three bunker tankers which they believe were illegally selling bunker fuel to Vietnamese fishermen in the Terengganu territory of the South China Sea...



Accel-KKR makes majority growth investment in NAVTOR

(Aug 27 2020)

NAVTOR, the leading provider in navigational software for the maritime industry, today announced that it has received a majority growth investment from Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley.



Unique ICS leadership insights series delivers new perspectives for the shipping industry

(Aug 27 2020)

The International Chamber of Shipping (ICS) is running a unique series of digital events which will give shipping industry leaders an insight into how the post-COVID direction of national policies and corporate strategies outside the industry will im...



Poten's Weekly Opinion: Atlantic Basin Based

(Aug 20 2020)

How the pandemic changed Aframax flows and volumes.




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October 2020

Seafarer morale and safety - Neste and vessel performance - Maersk''s ZeroNorth