Hartmann orders ME-LGIP engines for LPG tankers

(May 21 2020)

Leading German shipowner orders MAN Energy Solutions propulsion package featuring dual-fuel prime movers.



PAO Sovcomflot: Q1 2020 Results

(May 21 2020)

PAO Sovcomflot (SCF Group), a global leader in energy shipping and servicing offshore oil and gas production, reported its results for the first quarter (Q1) ended 31 March 2020.



Tokyo MoU Annual Report reflects the best quality and safety standards of the Marshall Islands

(May 21 2020)

The Republic of the Marshall Islands (RMI) has been recognized as a top performing major flag State in the Tokyo Memorandum of Understanding’s (MoU’s) Annual Report on Port State Control in the Asia-Pacific Region (the “Report”).



Thun Tankers orders a second NaabsaMAX product tanker

(May 21 2020)

Thun Tankers BV has placed an order for a second 4,250-deadweight product tanker.



FRO – first quarter 2020 results

(May 21 2020)

Frontline Ltd. (the “Company” or “Frontline”), yesterday reported unaudited results for the three months ended March 31, 2020.



PAO Sovcomflot Board of Directors reviews Q1 2020 results

(May 21 2020)

On 19 May 2020, the Board of Directors of PAO Sovcomflot (SCF Group) held a meeting to review the Company’s results for Q1 2020.



Advanced Polymer Coatings appoints Navkratis Ltd. as sales agent in Cyprus

(May 14 2020)

Advanced Polymer Coatings (APC) continues to expand its worldwide reach, appointing Navkratis Ltd. as its new sales agent covering the Cyprus market, an area well noted for its position in the worldwide shipping industry.



Team Tankers International Ltd. announces 1st Quarter 2020 results

(May 14 2020)

Team Tankers International Ltd. reported EBITDA for the 1st quarter of $16.5 million, compared with $15.8 million in the 4th quarter of 2019 (Q1'19: $14.0 million).



Scorpio Tankers Inc. announces purchase of common shares by Scorpio Services Holding Limited

(May 14 2020)

Scorpio Tankers, Inc. (the “Company”) announced that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 100,000 common shares of the Company at an average price of $17.36 per share in the open market.



Scorpio tankers Inc. announces financial results for the first quarter of 2020

(May 07 2020)

Scorpio Tankers Inc. ("Scorpio Tankers" or the "Company") reported its results for the three months ended March 31, 2020.



Sale of Bunga Kasturi Tiga

(Apr 30 2020)

AET confirms that it is finalizing the sale of MT Bunga Kasturi Tiga (VLCC, 300,398 DWT, built 2006).



TOP Ships Inc. announces purchase of 50% interests in two 2020-built scrubber-fitted eco MR tankers

(Apr 30 2020)

TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that it has acquired from a company affiliated with the Company’s Chief Executive Officer (the “Seller”) a 50% interest in t...



Techcross Singapore office moved to larger office

(Apr 16 2020)

The Techcross Singapore Office moved to a larger office on the 1 of April.



Samsung Heavy receives order for two LNG-fueled VLCC newbuilds

(Apr 16 2020)

On April 14, Samsung Heavy Industries disclosed in its regulatory filing that it had clinched a deal worth a total of USD 209.2 million (KRW 253.6 billion) with a Bermudan ship owner to bulid two LNG-fueled VLCCs, which will be delivered by April 202...



Sovcomflot’s Board of Directors acknowledges Group’s performance in 2019

(Apr 09 2020)

At a meeting held on 7 April 2020, the Board of Directors of PAO Sovcomflot (“SCF Group”) reviewed the results of the Group’s operations in 2019.




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June 2020

low carbon strategy - digital tanker market models - battery explosions - better catering onboard - challenges of ballast installations