All News

 

Gathering geopolitical storm

(May 23 2019)

Not for some time has the geopolitical situation in many of the worlds largest crude providers been so precarious.



Another Greek tanker indicted for falsifying records

(May 23 2019)

A federal grand jury in Wilmington, Delaware, returned a four-count indictment charging Evridiki Navigation, Liquimar Tankers Management Services, and Nikolaos Vastardis with failing to keep accurate pollution control records, falsifying records, and...



IMO MEPC74 roundup

(May 23 2019)

This brief provides an overview of the more significant issues progressed at MEPC74 held between 13th and 17th May, 2019, courtesy of ABS



Shipping on track to meet 2030 CO2 reduction target - ICS

(May 23 2019)

As a result of the decisions made at MEPC74, the International Chamber of Shipping (ICS) said it was confident that shipping will improve its carbon efficiency by at least 40% by 2030, compared to 2008, in line with the IMO targets to reduce greenhou...



BIMCO/ INTERTANKO publish Q&As for scrubber-fitted ships

(May 23 2019)

BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should look at when chartering ships fitted with scrubbers.



Teekay Offshore renews Marlink’s VSAT partnership

(May 23 2019)

Teekay Offshore has renewed and expanded its agreements with Marlink to continue using global VSAT services for a further four years.



Euronav turns to SQLearn for its training needs

(May 23 2019)

SQLearn has provided e-learning courses from its Dolphin Library and Dolphin System to Euronav Ship Management Hellas’ 52 vessels.



Donsotank cuts workload by using MRV data smart tool

(May 23 2019)

A smart software tool developed by Swedish marine propulsion company, Lean Marine, is claimed to have alleviated the workload associated with the filing of data and verification of emission reports required under the European Union (EU) MRV regulatio...



FPSOs and new accounting standards impact on Teekay Corp’s results

(May 23 2019)

Teekay Corp has reported a GAAP net loss of $84.3 mill and an adjusted net loss of $13 mill for the first quarter of this year. Total adjusted EBITDA was $237 mill.



Teekay Tankers suffers temporary blip

(May 23 2019)

Teekay Tankers reported GAAP net income of $12.4 mill and adjusted net income of $14.6 mill in the first quarter of 2019. Total Adjusted EBITDA was $63.4 mill.



Nordic boosted by increased TCEs

(May 23 2019)

Nordic Shipholding’s results were boosted by the first quarter 2019 average daily TCE rate for the company’s six vessels was around 23% higher than the average TCE rate in the previous quarter.



Pyxis optimistic on near term fundamentals

(May 23 2019)

Product tanker owner Pyxis Tankers has reported TCE revenues of $4.8 mill for the first quarter of this year, which contributed to a net loss of $2.3 mill and an adjusted EBITDA of $0.5 mill.



Hafnia announces first profit since merger

(May 23 2019)

Recently merged Hafnia Limited has reported a net profit after tax of $27.9 mill for the first quarter of this year.



AMSC’s earnings stable

(May 23 2019)

American Shipping Company (AMSC) has announced stable first quarter bareboat revenue of $21.6 mill.



Gulf Navigation unveils new investors and board

(May 23 2019)

Gulf Navigation Holding recorded losses of AED11 mill for the first quarter of this year, compared to profits of AED5 mill during the same period last year.




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Mar 2019

Top 30 Owners and Operators - ballast water - scrubbers