All News

 

Efficiency high on IMO agenda

(May 24 2013)

The IMO’s Marine Environment Protection Committee (MEP) addressed energy-efficiency implementation at its recent meeting.



Intertanko gives thumbs up to MEPC

(May 24 2013)

INTERTANKO said that the actions taken at MEPC were in line with an organisation -led joint proposal made last year.



Thome endorses Copenhagen

(May 24 2013)

Singapore-based Thome Group has opened of a new shipmanagement office in Copenhagen, Denmark.



König wins new backing

(May 24 2013)

Product tanker, containership and drybulk owner, König & Cie has reached an agreement with its creditors to settle outstanding debt and contingent liabilities.



India to be next ''jewel in the crown''

(May 24 2013)

Over the past 10 years, India’s crude oil imports have more than doubled to accommodate the country’s growing population and expanding economy.



And still more MRs

(May 24 2013)

Further newbuilding and secondhand interest in product tankers has emerged this week.



Lauritzen in the ''red''

(May 24 2013)

Danish shipping company Lauritzen reported a loss of $25.6 mill in the first quarter of this year, against a profit of $1.1 mill in 1Q12.



Eitzen reduces losses

(May 24 2013)

In the first quarter of this year, Eitzen Chemical has experienced the best average timecharter rates since the fourth quarter of 2008, the company said.



Shanghai Donghai lauds IP

(May 24 2013)

Shanghai Donghai Shipping has claimed an increase in speed from 10 to 11 knots, combined with a reduction in daily fuel consumption from 6.8 tonnes to 6.2 tonnes on the 7,500 dwt tanker, ‘Dong Cheng You 16’.



NORDEN expands VSAT coverage

(May 24 2013)

Danish Tanker and drybulk company NORDEN has extended its agreement with Harris CapRock Communications to provide broadband communications to 39 vessels.



Castrol increases ports'' list

(May 24 2013)

Growing demand has led Castrol to increase the number of ports in which its 80 BN cylinder oil is available.



ISS boosts sales team

(May 24 2013)

Inchcape Shipping Services (ISS) has appointed Les Morris to a new role as senior vice president global sales.



London Club''s annual surplus

(May 24 2013)

The London P&I Club’s reported a result of a surplus across all classes amounting to $9.4 mill, increasing the free reserve to $154 mill, for fiscal year 2012/2013.



Increased claims hit North

(May 24 2013)

The North P&I club reported that a modest investment return was offset by an overall increase in members’ and pool claims, resulting in the free reserve dipping marginally by 0.6% to $312.3 mill, during the fiscal year 2012/2013.



Oil theft addressed

(May 24 2013)

PSM has designed and developed a system to prevent the theft of fuel oil and luboils.



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