All News


ICS commits shipping to CO2 reduction objectives

(May 19 2017)

The International Chamber of Shipping (ICS) has urged the IMO to adopt dramatic CO2 reduction objectives to match the Paris Agreement ambitions on climate change.

Q88 launches tanker brokers’ software

(May 19 2017)

Q88 has launched a new tanker broker Position List module on

Tanker time sheet activity logger unveiled

(May 19 2017) has launched a mobile Android app specifically for liquid bulk operators, a time sheet activity logger - liquid bulk logger.

Former ULCCs in five year storage contracts

(May 19 2017)

International Seaways’(INSW) joint venture with Euronav has signed two FSO charter contracts for five years each with North Oil Company (NOC), the future operator of the Al Shaheen oil field, off the coast of Qatar.

Markets - Rates come under pressure

(May 19 2017)

After the May MEG programme finished last week, it was a slow start for June cargoes.

SafeSTS further strengthens its position in Malaysia

(May 19 2017)

As part of its planned expansion in Asia, specialist ship-to-ship transfer company SafeSTS has incorporated SafeSTS Malaysia Sdn BHD to handle existing operations at Tanjung Bruas and Labuan.

Frontline answers DHT criticisms

(May 19 2017)

In another twist to the ongoing saga of the proposed merger between Frontline and DHT, on 15th May, Frontline sent a response to DHT Holdings’ board following the letter received dated 7th May, 2017 (see last week’s news).

BC’s moratorium on crude oil tankers

(May 19 2017)

The Canadian Government has introduced the Oil Tanker Moratorium Act in an attempt to formalise an oil tanker moratorium on British Columbia’s (BC) north coast.

Shell Marine extends Philippines lubrication technology training

(May 19 2017)

Shell Marine has renewed its technical partnership with the University of Cebu Maritime Education and Training Center (UC METC) for another four years.

Hafnia stays in the black

(May 19 2017)

Hafnia Tankers has declared an operating profit of $12.1 mill and net profit of $6 mill during the first quarter of this year, helped by the product tanker market.

Navig8 Product Tankers reveals small loss

(May 19 2017)

Navig8 Product Tankers reported revenue of $38.3 mill and a net loss of $1.2 mill for the three months ended 31st March, 2017, compared with $22.9 mill and $5.8 mill net income, respectively, for 1Q16.

Drydocking and offhire hit KNOP

(May 19 2017)

KNOT Offshore Partners (KNOP) generated total revenues of $45 mill, operating income of $17.5 mill and net income of $11.4 mill during the first quarter of this year.

Teekay remains in the red

(May 19 2017)

Teekay Corp has reported consolidated GAAP net loss of $45.3 mill and a consolidated adjusted net loss of $35.7 mill for the first quarter of 2017, compared with losses of $48.8 mill and $6.2 mill, respectively, for 1Q16.

Tanker Investments reports strong quarter

(May 19 2017)

Tanker Investments (TIL) has reported net income of $3.2 mill for the first quarter of 2017.

Navios Maritime Acquisition sees revenue decline

(May 19 2017)

Navios Maritime Acquisition Corp reported a revenue drop of $15.9 mill, or 19.8%, to $64.5 mill in the first quarter of this year, compared to $80.4 mill for the same period in 2016.


April 2017

Law, Greece report, commercial operations, manning + training, anti-piracy, technology, Copenhagen conference report

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