All News

 

Shipping industry condemns EU’s stance on ETS

(Feb 17 2017)

The International Chamber of Shipping (ICS) expressed ‘disappointment but not surprise’ by this week’s vote in the European Parliament to propose that international shipping (including non-EU flag ships) should be incorporated into the EU Emissions T...



OSVs to become LNG fuel tankers

(Feb 17 2017)

Bergen-based CRYO Shipping has developed a new type of tanker design that is claimed to enable shipowners to implement clean and cheap bunkers.



IBIA appoints CEO

(Feb 17 2017)

The International Bunker Industry Association (IBIA) has appointed Justin Murphy to the role of CEO.



Odfjell reports significant improvement

(Feb 17 2017)

Odfjell‘s results show significant improvement in financial performance in 2016 in spite of challenging markets, the company claimed.



KNOT increases revenues and fleet

(Feb 17 2017)

KNOT Offshore Partners has reported total revenues of $45 mill for the fourth quarter of 2016, compared to $43.6 mill for 3Q16, an increase of $1.4 mill.



STI reports significant loss

(Feb 17 2017)

Scorpio Tankers (STI) has announced an adjusted net loss of $29.4 mill and a net loss of $29.7 mill for the fourth quarter of last year.



Net loss for Navig8 Product Tankers

(Feb 17 2017)

Navig8 Product Tankers reported revenue of $30.2 mill and net loss of $5.8 mill for the three months ended 31st December, 2016.



Navig8 Chemical Tankers also in the red

(Feb 17 2017)

Navig8 Chemical Tankers generated revenue of $33.9 mill and net loss of $3.6 mill for 4Q16, compared with a net income of $9.1 mill for 4Q15.



Liability write-offs help GulfNav to profit

(Feb 17 2017)

Gulf Navigation has announced its best annual results for eight years.



MISC sees revenue crash

(Feb 17 2017)

MISC Group revenue for the fourth quarter 2016 was 24% lower at RM2,517.5 mill compared with RM3,312.1 mill in 4Q15.



Markets - VLCC rates holding

(Feb 17 2017)

VLCC rates have held up on the back of steady February cargoes in the MEG, which have started to deplete the tonnage list and roll over into March.



Markets - 2016 in retrospect

(Feb 17 2017)

McQuilling Services has taken a look at 2016 in all the tanker sectors.



Genoil signs MOU with Bomin

(Feb 17 2017)

Clean technology engineering company, Genoil, has signed off a Memorandum of Understanding (MOU) with the Bomin Group.



SDSD launches charterers cloud software

(Feb 17 2017)

Maritime software development company SDSD has launched V-Chartering - a new cloud chartering platform for wet and dry brokers aimed at managing the entire chartering process.



Satlink to supply Fleet Xpress

(Feb 17 2017)

Cyprus-based Satlink Satellite Communications, a member of The Tototheo Group, has signed an agreement with Inmarsat to integrate Fleet Xpress (FX) into Satlink’s existing service portfolio.




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Tanker Operator Jan Feb 2017

Middle East report, ship registries, commercial operations, cyber crime, technology



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