All News

 

Seafarers still have a role to play - MSC100

(Dec 07 2018)

Autonomous and remote-controlled ships are being trialled but seafarers remain indispensable to safe shipping. This was the key message from a special session of IMO’s Maritime Safety Committee (MSC) held on 3rd December.



IEA report should benefit tankers near term

(Dec 07 2018)

New tanker investment decisions are often driven by robust industry earnings, but sometimes by attractive asset prices, regulatory developments and/or the need to replace tonnage.



Will new Worldscale include low sulfur fuel?

(Dec 07 2018)

Worldscale is currently preparing to release its new flat rates for 2019.



New competency and incident learning guidance released

(Dec 07 2018)

OCIMF and INTERTANKO have jointly published two new information papers aimed at improving safety in the energy shipping industry.



Brazilian STS - a cause for concern

(Dec 07 2018)

Brazil has more than doubled the number of ship-to-ship (STS) oil transfers this year, but STS monitoring is lax, according to a Reuters review of Brazilian government and shipping records.



NORDEN tests neutral biofuel

(Dec 07 2018)

NORDEN has successfully tested a tanker powered by CO2 neutral biofuel.



Singapore to ban open loop scrubbers - EGCSA response

(Dec 07 2018)

In a significant development, Singapore is to ban the discharge of wash water from open-loop exhaust gas scrubbers from 2020.



STI and DHT on scrubbers

(Dec 07 2018)

Scorpio Tankers (STI) said that it had now signed agreements with third parties to purchase exhaust gas cleanings systems for 42 of its vessels in 2019 and for 10 more in 2020.



Tanker stern tube seal repaired afloat

(Dec 07 2018)

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



Sale and leaseback deals prove popular

(Dec 07 2018)

At least three sales and leaseback deals have been confirmed by quoted tanker companies in recent weeks.



TEN hopeful of fourth quarter turnaround

(Dec 07 2018)

In the first nine months of 2018, TEN generated positive operating income of $11.5 mill and an adjusted EBITDA of $124.5 mill.



Markets - Troubling times in the recycling market

(Dec 07 2018)

Another troubled week was seen in the Indian sub-continent ship recycling markets, as fundamentals, either local steel plate prices or currencies or both, tumbled.



Markets - Rates remain firm in all sectors

(Dec 07 2018)

Another active week for VLCCs with rates ex MEG and WAfrica to East remaining in the high WS90s, yielding about $55,000 per day.



HFW helps BIMCO draft first cyber clause

(Dec 07 2018)

Law firm HFW said it had helped BIMCO draft its first cyber security clause.



KR signs MoU for IMO DCS services

(Dec 07 2018)

A memorandum of understanding (MOU) was signed recently between Korean Register (KR) and Swiss Climate EcoCare to provide enhanced IMO DCS (data collection system) services to the maritime industry.




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October 2018

Who will replace lost Iranian exports- Interview with AET about the benefits of Singapore - ballast water - underwater ship inspections