All News

 

Saudi attacks - more questions than answers

(Sep 19 2019)

Earlier this week, Poten & Partners gave an initial reaction to the drone attacks on the two Saudi Arabian oil facilities.



Insurers face significant challenges

(Sep 19 2019)

Total marine underwriting premiums for 2018 came to $28.9 bill, only a single percentage point rise from the previous year’s figure.



Vessel operating costs continue to decline

(Sep 19 2019)

Accountant and shipping consultant, BDO claimed that total annual operating costs for shipping fell by an average of 1.8% in 2018, compared to the 1.3% fall recorded for 2017.



OSC refinances five tankers

(Sep 19 2019)

Oman Shipping Company (OSC) has signed a $110 mill ship financing package with banking and financial services company, Standard Chartered.



DIS suffers increased loss

(Sep 19 2019)

d’Amico International Shipping (DIS) suffered a first half 2019 net loss of $24.3 mill, compared to a loss of $20.2 mill in the first six months of 2018.



ShipServ joins Green Award

(Sep 19 2019)

Procuremnt platform ShipServ has joined the Green Award as an incentive provider, which was cemented on 13th September.



SCF CEO to leave office

(Sep 19 2019)

Sovcomflot’s long serving CEO, Sergey Frank, is to step down after 15 years service, the office of Russian Deputy Prime Minister, Maxim Akimov, announced on Tuesday.



Markets - Recycling - Still in the doldrums

(Sep 19 2019)

Despite the fourth quarter of the year being well underway, it was surprising to see the Indian sub-continent markets still stuck in the doldrums.



Markets - A frantic week

(Sep 19 2019)

A frantic week to say the least for VLCCs.



Cargill joins Maersk Tankers to form MR pool

(Sep 19 2019)

Cargill is to put its MR fleet into Maersk Tankers MR pool, thus creating a new joint pool that will significantly increase the scope of the companies MR spot tanker business.



Shell leads call for seafarer mental health understanding

(Sep 19 2019)

A conference co-hosted by four maritime charities agreed a call for action to support the mental health of seafarers.



Study champions LNG use as a fuel

(Sep 19 2019)

LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry, according to a new study released by SEA\LNG and conducted by DNV GL’s alternative fuel experts.



ChartCo lands in Piraeus

(Sep 19 2019)

ChartCo has opened an office in Piraeus, Greece to help provide dedicated support for customers in this region.



ABS joins SHI in digital technology projects

(Sep 19 2019)

ABS and Samsung Heavy Industries (SHI) are to collaborate on the use of digital technologies to streamline designing, building, and classing assets in a joint development project (JDP).



Wärtsilä introduces marine gas engine

(Sep 19 2019)

This week, Wärtsilä launched the Wärtsilä 31SG pure gas engine for marine market applications.




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Jul-Aug 19

Greece, alarm fatigue, Fujairah explosions, scrubbers, tank cleaning