All News

 

STI tanker suffers pirate attack

(Sep 21 2018)

A product tanker was attacked by armed pirates on Monday while at an anchorage in the Gulf of Guinea, Africa.



VLCC upturn - wait a little while longer

(Sep 21 2018)

The Crude and residual fuel oil transportation market will remain over-supplied in 2019, according to the latest outlook from McQuilling Services taken from the consultancies Mid-Year Update publication.



Coles to become Wallem Group CEO

(Sep 21 2018)

Former Transas and Inmarsat Maritime head, Frank Coles is to join Wallem as CEO.



OCIMF releases two new publications

(Sep 21 2018)

The first is entitled ‘Guidelines for Offshore Tanker Operations’.



STI to benefit from reduced commissions

(Sep 21 2018)

Scorpio Tankers (STI) commercial management affiliate, Scorpio Commercial Management (SCM), is reimbursing certain commissions that it charges STI’s vessels on charters.



IUMI- premium income down versus improved risk profile

(Sep 21 2018)

At this week's IUMI conference in Cape Town, Ocean Hull Committee chair, Mark Edmondson, highlighted a continuing deterioration of premium income against a more positive picture of an improving risk profile.



Guidance on 2020 sulfur cap preparation

(Sep 21 2018)

To help shipping companies prepare to implement the IMO’s global sulfur cap on fuel oil, the International Chamber of Shipping (ICS) has produced comprehensive guidance on implementation planning.



Markets - Increased activity

(Sep 21 2018)

VLCC activity was high this week.



Markets - Recycling a risky business

(Sep 21 2018)

Some extraordinarily speculative sales were registered last week, as a few cash buyers (those rumoured to have fresh access to funding) seemed intent on bidding well ahead of the market, in anticipation of firming rates.



Scale Aframax model joins manned training fleet

(Sep 21 2018)

Solent University’s new Chancellor, Theo Paphitis, joined Deputy Vice Chancellor, Julie Hall, to name the latest unit to join the large fleet of scale manned models at Solent’s Ship Handling Centre.



Towards safer and more cost-effective crewing

(Sep 21 2018)

At this year’s World Maritime Day on 27th September, the IMO will celebrate its 70th birthday by addressing challenges in maritime transport in order to work towards continued growth in the industry.



Tanker Solutions secures credit line

(Sep 21 2018)

CIT Group's Maritime Finance unit was sole lead arranger on a $93.7 mill senior secured credit facility for Tanker Solutions.



TMS Tankers to test new bilge monitoring system

(Sep 21 2018)

TMS Tankers and RWO Veolia signed a co-operation agreement to test the new CBM-LINK clean bilge monitoring system, which was unveiled at SMM.



Wilhelmsen slashes customer response times

(Sep 21 2018)

Revealing the working pilot project for (Framework for Enterprise Data) customer portal at SMM, Wilhelmsen Ships Service (WSS) will now provide customers with an instant overview of all their transactions, on demand.



FUELSAVE applies to join CO2 Challenge

(Sep 21 2018)

The German manufacturer of the fuel saving additive FS Marine+, FUELSAVE, has applied to become a partner of the CO2 Challenge, the initiative set up by US conglomerate Cargill, the Rainmaking group and class society DNV GL.




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Sept 2018

SMM - scrubbers - coatings - drones - ethane powered tankers - MEG4 - contaminated fuel oil