All News

 

Aegean’s record sales tempered by lower revenue

(May 27 2016)

Aegean Marine Petroleum Network claimed record sales volumes of 4.2 mill tonnes for the first quarter of this year.



MeteoGroup introduces tidal current models

(May 27 2016)

Weather business provider MeteoGroup has developed and integrated its own in-house tidal currents model into its SPOS Onboard and RouteGuard services.



Jeppesen partners with Navarino

(May 27 2016)

Digital navigation and operations company Jeppesen has entered into a partnership with maritime satellite communications concern Navarino.



Palfinger to acquire Harding

(May 27 2016)

The Palfinger Group is to acquire 100% of the shares in Herkules Harding Holding from the Norwegian private equity fund Herkules.



SGX in exclusive discussions to buy the Baltic Exchange

(May 27 2016)

Singapore Exchange Limited (SGX) has entered into an agreement with The Baltic Exchange Limited (Baltic Exchange) by which SGX will start exclusive discussions with the Baltic regarding a cash offer for 100% of its share capital.



Middle East tankers to get VDRs

(May 27 2016)

Danelec Marine and its distribution partner, Elcome International, are to supply Danelec DM100 VDRs to 14 ships in the Middle East.



New HCO filter approved for validation testing

(May 27 2016)

A major manufacturer of two-stroke engines has agreed to validation tests of an Alfa Laval hydraulic control oil (HCO) filter.



Technology to improve much faster in 10 years

(May 27 2016)

Digitalisation will feature heavily in shipping by 2025, a new report predicts.



Low claims helps North P&I Club

(May 27 2016)

North P&I Club has increased its free reserves by $90 mill to $428 mill and delivered a combined ratio of 73.3% in the financial year ended 20th February, 2016.



T&T Salvage in ‘Siteam Anja’ refloating attempt

(May 27 2016)

Following the failure of two attempts to reach the grounded tanker ‘Siteam Anja’ , due to bad weather, the 5,698 dwt 2009-built Uruguayan tanker ‘ Sealion’ reportedly arrived to start lightering the vessel on Tuesday.



Euronav and Bretta to go their own way

(May 27 2016)

Euronav is to terminate its Suezmax joint venture with Bretta Tanker Holdings.



Zacho in tankers to bulkers switch

(May 27 2016)

Mads Peter Zacho is to move from tankers to bulkers by resigning from his position of TORM CFO to take up the role of CEO at J Lauritzen.



IMO MSC highlights

(May 27 2016)

At the recent IMO Maritime Safety Committee’s 96th meeting, a number of amendments to SOLAS were adopted which, under IMO’s new four-year implementation cycle, will enter into force on 1st January, 2020.



Tankers - Keeping an eye on the disruptive influences

(May 27 2016)

At the start of this year, global oil supply disruptions fell to their lowest levels since mid-2013, as Iran returned to the market.



Markets - Rates under pressure

(May 27 2016)

Sluggish volumes in the MEG and W Africa, together with less delays in Chinese ports, has lengthened the list of available tonnage.




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March 2016

Tanker Operator's top 30 owners and operators .. has the ballast water convention descended into farce? .. lost anchors - among the top five claims costs .. US crude oil export ban - another positive market driver? .. InterManager's view of the year .....



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