All News

 

FSL Trust sues TORM for damages

(Jan 18 2019)

Two wholly-owned subsidiaries of First Ship Lease Trust (FSLT), FSL-25 Pte Ltd and FSL-26 Pte Ltd, are suing TORM for damages in the English High Court.



Teekay teams up with Trinity House

(Jan 18 2019)

A collaborative project involving Teekay Shipping and the UK’s Trinity House has been set up to search for the next generation of UK seafarers.



IMO addresses future of seafarers

(Jan 18 2019)

IMO secretary general, Kitack Lim has highlighted the need to consider seafarer training and standards, as shipping evolves with increasing levels of technology and automation.



Aegean gets restructuring approval

(Jan 18 2019)

The US Bankruptcy Court for the Southern District of New York has approved Aegean Marine Petroleum Network’s revised final motion related to $535 mill in aggregate Debtor-in-Possession financing (DIP) from Mercuria Energy Group.



Hafnia/BW Tankers merger complete

(Jan 18 2019)

All the conditions for the Hafnia Tankers/BW Tankers merger have been fulfilled, and as a result, the Articles of Merger have been filed with the Registrar of Corporations of the Marshall Islands authorities.



Frontline increases ownership in Feen

(Jan 18 2019)

Frontline has increased its ownership interest in Feen Marine Scrubbers (FMSI) to 28.9%.



All eyes on China’s crude oil imports

(Jan 18 2019)

The news from China has been mostly negative in recent weeks.



Five new Baltic Exchange tanker routes on public trial

(Jan 18 2019)

The Baltic Index Council (BIC) moved five new tanker routes to public trial reporting on 7th January, 2019.



Tanker spills remain low

(Jan 18 2019)

For almost five decades, the tanker oil spill frequency has shown a progressive downward trend.



Fleet Management to install cyber security package

(Jan 18 2019)

ABS Advanced Solutions has signed an agreement to implement the class society’s cyber security solution on board Fleet Management’s 220 liquid cargo fleet.



Markets - Modern VLCCs rates firming - more orders

(Jan 18 2019)

After a slow start to the week, an injection of activity mid-week saw modern VLCC rates firm slightly.



Markets - Recycling - Negative start to 2019

(Jan 18 2019)

Instability seemed to be the key word in the sub-continent markets last week.



Epic Gas switches to GNS

(Jan 18 2019)

Maritime technology company, GNS, has been awarded a contract to supply the fleet of Singapore-based Epic Gas Ship Management and its shore-based marine team with a complete navigation solution.



Carbon neutral BWMS launched

(Jan 18 2019)

A new offset carbon neutral ballast water management system (BWMS), FlowSafe, has been launched by Limassol-based marine engineering firm Flow Water Technologies.



Underwater stern tube repair at Tenerife

(Jan 18 2019)

Last month, a Hydrex's diver/technician team carried out an underwater stern tube seal repair on a tanker berthed in Tenerife.




older->>

Nov-Dec 18

Bunkers - a looming nightmare; OSM, Bergshav; ballast water; Tanker Operator Hamburg report