All News


Fire-damaged Pemex tanker to be stabilised

(Sep 30 2016)

Mexican state-owned oil company Pemex has hired a Houston-based salvor to help right the 40,300 dwt products tanker ‘Burgos’ that at the time of writing was still reported as listing in the Gulf of Mexico near Veracruz.

Watching the Brent/WTI spread

(Sep 30 2016)

The value of the variation between Brent and West Texas Intermediary (WTI) has gained further importance for the tanker market since the removal of the US crude export ban.

Timely documentation transfer vital for tanker brokers - ITIC

(Sep 30 2016)

Delay in submitting - or failure to pass on - documentation is the most common cause of claims against tanker brokers, according to the International Transport Intermediaries Club (ITIC).

Eniram launches shipboard commercial performance monitoring tool

(Sep 30 2016)

Eniram and its new parent Wärtsilä have launched SkyLight – a fleet performance monitoring service aimed at commercial operators of large vessels, such as tankers.

NAT in another share offer

(Sep 30 2016)

Nordic American Tankers (NAT) has announced an underwritten public offering of 11 mill common shares.

Suezmaxes lead market resurgence

(Sep 30 2016)

The crude tanker markets have moved on from the worst of the August slump with Suezmaxes trading out of West Africa leading the way, Gibson Shipbrokers said in its weekly report.

Teekay to provide shuttle tankers for North Sea FPSO

(Sep 30 2016)

Teekay Offshore Partners has been awarded three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP, Shell and OMV Group.

STI amends in-house service agreements

(Sep 30 2016)

Scorpio Tankers (STI) has amended its administrative services agreement with Scorpio Services Holding (SSH) and its master agreement with Scorpio Commercial Management (SCM) and Scorpio Ship Management (SSM).

Union Maritime in ‘pay as you clean’ emissions control deal

(Sep 30 2016)

UK-based West African chemical tanker specialist Union Maritime Ltd (UML) has secured an innovative deal to pay for an emissions control system through the cost savings it delivers.

OceanSaver goes for US type approval

(Sep 30 2016)

Adding to the list of ballast water equipment manufacturers seeking US Coast Guard approval is OceanSaver.

Second successive quarterly rise in shipping confidence

(Sep 30 2016)

Shipping confidence improved for the second successive quarter in the three months up to the end of August 2016, notably on the part of charterers and managers, according to the latest survey from Moore Stephens.

Long term cyclical movements outweigh short term fluctuations

(Sep 30 2016)

Recent negative developments should be seen in the context of the market’s re-adjustment after a turbulent decade of extreme volatility, a recent tanker report said.

Shell LNG joins Project Forward

(Sep 30 2016)

Project Forward and Shell have joined together to discuss the options of supplying LNG-powered vessels and assess the bunker requirements for worldwide trading tankers and other vessel types.

Markets - Are we at the bottom?

(Sep 30 2016)

After a couple of weeks of sluggish VLCC activity, the situation appears to have changed.

Thome addresses cyber security issues

(Sep 30 2016)

Thome said that it was continuously monitoring the group’s cyber security protocols.


August--September 2016

-Ballast water treatment system on 10 Turkish chemical tankers -Special feature on third party shipmanagement -ABS' new vice president of tankers Tom Blenk -EU’s forthcoming ship-specific monitoring, reporting and verification (MRV) plans

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