All News

 

Greek owners gain tax rise reprieve- for now

(Aug 21 2015)

Greece's shipping industry could be subjected to tax rises, as part of the austerity measures proposed in the latest bailout, which was agreed Thursday.



Markets - Where now?

(Aug 21 2015)

Opinions differ as to why the tanker markets have come off the boil in the past couple of weeks.



Markets - Chemical tankers supported by CPP

(Aug 21 2015)

The chemical tanker shipping market was strongly supported by specialised trades and clean petroleum products (CPP) demand during the second quarter of this year.



Mega shipmanagement concern formed

(Aug 21 2015)

Shipmanagement companies Anglo-Eastern Group and Univan Group are to merge to form one of the largest third party management concerns in the world.



Tianjin bans tanker cargo operations

(Aug 21 2015)

Inchcape Shipping Services (ISS) has advised that Tianjin Municipal Transport Commission has told Tianjin Port to cease handling tankers and containerships carrying hazardous substances.



Hafnia profits from product tanker market

(Aug 21 2015)

Hafnia Tanker has reported an operating profit for the first half of this year of $34.7 mill and a profit of $26.7 mill.



Navios sees increased revenue

(Aug 21 2015)

Navios Maritime Acquisition Corp reported revenue for the three month period ended 30th June, 2015 increased by $18.2 mill or 29.2% to $80.4 mill, compared to $62.2 mill for the same period of 2014.



Imtech Marine gets new lease of life

(Aug 21 2015)

Imtech Marine is to be transferred to new owners Pon Holdings and Parcom Capital.



Indian company’s benefit from tankers

(Aug 21 2015)

Two large Indian-based shipowners have reported improved quarterly results during the past two weeks on the back of the firm tanker market.



Navig8 Chemical tankers in first net gain

(Aug 21 2015)

Navig8 Chemical Tankers marked its first full quarter results release with an operating fleet after the fledgling company saw its first vessel deliveries during the first quarter of 2015.



Ullman- Momentum to continue

(Aug 21 2015)

Gothenburg-based tanker owner Concordia Maritime reported a result before tax of SEK44 mill in the second quarter of this year, compared with SEK42.1 mill in 2Q14.



CIT backs tanker concerns

(Aug 21 2015)

CIT Maritime Finance has provided credit facilities for two tanker companies to aid their acquisition programmes.



AMSC bullish going forward

(Aug 21 2015)

Jones Act tanker concern American Shipping Co (AMSC) will make an after tax profit of $5 mill following the sale of the four Philly Tankers product carriers to Kinder Morgan on its $25 mill investment, once all the vessels are delivered by 4Q17.



Danes in tanker purchasing spree

(Aug 21 2015)

Copenhagen-based Nordic Tankers has confirmed the purchase of the 19,900 dwt chemical tanker ‘Amber Ray’for a price said by broking sources be about $21 mill.



SSA’s Poulsson sets his stall out

(Aug 21 2015)

Playing an active role and making meaningful contributions to the workings and development of the Tripartite Maritime Manpower Taskforce initiatives for both seafaring and shore-based jobs will be one of the major priorities for the new Singapore Shi...




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Aug - Sept 2015 issue

Singapore Report - New SSA President, Shipmanagement centre, Norstar set for growth, FSL Trust’s markets gains Shipmanagement - Wallem promotes new personnel, V.Group continues momentum Technology - Classification Societies, All change at IACS.....



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