All News

 

Emissions targets - revolution not evolution

(Sep 14 2018)

At a high level press conference to open last week’s SMM, the forthcoming low sulfur legislation was discussed at length.



Tankers to peak around 2030 - DNV GL

(Sep 14 2018)

At a presentation in London this week, DNV GL - Maritime unveiled its second ‘Maritime Forecast to 2050’ report, part of a trilogy of Energy Transition Outlook (ETO) reports.



2020 - shipping’s biggest problem

(Sep 14 2018)

In a wide ranging presentation in London this week, BIMCO’s secretary general and CEO, Angus Frew, plus deputy secretary general, Lars Robert Pedersen, outlined some of the major problems facing the shipping industry going forward.



Teekay Tankers completes sale-and-leaseback of six Aframaxes

(Sep 14 2018)

Teekay Tankers has completed and closed a previously-announced sale-leaseback transaction for six Aframaxes.



TOP Ships finances two Suezmaxes

(Sep 14 2018)

TOP Ships has agreed a credit line from a major Chinese leasing company for up to $92.5 mill through sale and leaseback agreements for two newbuilding Suezmaxes.



Sovcomflot orders LNG-powered Aframaxes at Zvezda

(Sep 14 2018)

PAO Sovcomflot (SCF) has signed a set of agreements with Rosneft, Zvezda Shipbuilding and VEB Group.



Tanker flows - what matters

(Sep 14 2018)

In the tanker market, there are many factors not directly related to shipping but which could still have a major impact on shaping up both crude and product tanker flows, the US shale oil revolution being a prime example.



Markets - Waiting for the Autumn

(Sep 14 2018)

General fixture volumes for VLCCs were still lagging this week.



Markets - Recycling precariously poised

(Sep 14 2018)

The recycling markets are precariously poised at present, with the depreciating Indian Rupee & volatile local steel plate prices bringing grave concern to Alang Buyers.



Maersk Tankers opts for Wärtsilä control systems

(Sep 14 2018)

Wärtsilä is to supply a newly updated propulsion control system, as well as its alarm and control system - Nacos PCS/MCS Platinum - to Maersk Tankers’ six LR2 newbuildings.



Essberger Tankers inks GAC agency deal

(Sep 14 2018)

Under a new agreement, GAC is to handle between 600-800 port calls a year for Essberger Tankers’fleet of vessels, which carry a wide range of high-grade chemicals in the Scandinavian region.



TORM to install Alfa Laval BWTS on 47 product tankers

(Sep 14 2018)

Copenhagen-based product tanker owner TORM is to retrofit 36 Alfa Laval PureBallast 3 Ex systems within its existing fleet and also fit systems on 11 newbuildings.



Marshall Islands registry recognises Green Award ships

(Sep 14 2018)

The Republic of the Marshall Islands (RMI) Registry is to recognise Green Award certified ships with an incentive.



Feringa to remain at Team Tankers

(Sep 14 2018)

Team Tankers International has reappointed Hans Feringa as its President and CEO for a four-year period ending on 31st August, 2022.



Liberia renews China agreement

(Sep 14 2018)

On 5th September, the People’s Republic of China (PRC) and the Republic of Liberia renewed their maritime agreement for another five years.




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Sept 2018

SMM - scrubbers - coatings - drones - ethane powered tankers - MEG4 - contaminated fuel oil