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.



Tanker with 80,000 tonnes of US oil for Belarus will arrive in Klaipeda in early June

(May 21 2020)

American oil will be delivered from Klaipeda to OJSC Naftan in the Vitebsk region by rail.



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.



US issues sanctions warning on oil shipping

(May 21 2020)

The US administration issued an advisory to the maritime industry on preventing violations of US sanctions last week, but stopped short of threatening strict penalties against shipping market participants.



Remember time limits on demurrage claims

(May 14 2020)

A court hearing in London in December 2019 reviewed the 90 day time bar on demurrage claims.



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.



Vortexa Snapshot: US, European naphtha glut finds home in Asia

(May 14 2020)

Naphtha arrivals into Asia are set to rise to their highest in at least four years in May, Vortexa data show.



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.



Ships storing oil at sea supporting crude tanker market

(May 14 2020)

Over 100 tankers are estimated to be storing tens of millions of barrels of crude oil at sea, said the chief executive of leading tanker group Euronav last Thursday.



Leopard spotted on tanker at Alang ship recycling yard

(May 14 2020)

Workers on a ship anchored at ship recycling yard in Alang, Bhavnagar shocked to find leopard on the vessel.




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June 2020

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