Monjasa reveals record high volumes in a year of great contrasts

(Apr 15 2021)

Monjasa Holding managed to successfully navigate the disrupted global fuel markets in 2020. The year concluded with a 9% increase in total volumes and a net profit of USD 30m.



Navios Maritime Acquisition Corporation announces entry into new secured loan facility

(Apr 15 2021)

Navios Maritime Acquisition Corporation (“Navios Acquisition” or the “Borrower”), an owner and operator of tanker vessels, announced that Navios Acquisition entered into a secured loan agreement with a subsidiary of N Shipmanagement Acquisition Corp....



Navigator Holdings Ltd and Ultragas ApS to merge fleets & businesses

(Apr 15 2021)

Navigator Holdings Ltd. (“Navigator”) announced the signing of a non-binding Letter of Intent (the “Letter of Intent”) with Naviera Ultranav Limitada (“Ultranav”) to merge Ultragas ApS’ (“Ultragas”) fleet and business activities with Navigator.



New 3-year unsecured sustainability linked revolving credit facility of EUR 80 million

(Apr 15 2021)

Euronav NV (“Euronav” or the “Company”) announces that it recently signed an EUR 80 million unsecured revolving credit facility.



Wärtsilä caps record-breaking year with scrubber order at Japan Marine United shipyard

(Apr 15 2021)

The technology group Wärtsilä managed a record-breaking amount of scrubber deliveries in 2020, despite the COVID-19 pandemic.



Stolt-Nielsen Limited reports unaudited results for the first quarter of 2021

(Apr 09 2021)

Stolt-Nielsen Limited (Oslo Børs: SNI) reported unaudited results for the first quarter ended February 28, 2021.



Pyxis Tankers Inc. announces refinancing of modern product tanker

(Apr 01 2021)

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the “Company” or “Pyxis Tankers”), a growth-oriented, pure play product tanker company, announced that it had successfully completed the refinancing of a previous loan facility secured by the Pyxis Epsilon ...



The next Aframax type tanker was laid down at Zvezda Shipbuilding Complex

(Apr 01 2021)

At Zvezda Shipbuilding Complex, the keel laying ceremony of the next 114,000 DWT Aframax type tanker was carried out.



If you had bought Teekay Tankers shares three years ago you'd have earned 59% returns

(Apr 01 2021)

Teekay Tankers Ltd. shares are up 59% in three years, besting the market return.



ME-GI lands large VLCC order

(Mar 31 2021)

MAN Energy Solutions has won the order to supply 10 × MAN B&W 7G80ME-GI Mk9.5 dual-fuel engines to a series of 10 × 300,000-dwt VLCCs distributed among shipowners, Advantage Tankers (4), AET (3) and International Seaways (3).



OSM establishes office in Copenhagen to strengthen chemical tanker market position

(Mar 18 2021)

OSM Maritime establishes a strategic technical management vehicle in Copenhagen for chemical tanker owners and operators and aims for a high-quality fleet of 30 vessels within three years.



Secured long-term loan facility agreement in the amount of USD 35.3 million

(Mar 18 2021)

Tankerska Next Generation Shipping Joint Stock Company (hereinafter: the Company) has signed a long-term loan facility agreement in an aggregate amount of USD 35.3 million.



Ardmore announces strategic investment and joint venture with E1 and MP to deliver hydrogen power

(Mar 17 2021)

Ardmore Shipping Corporation ("Ardmore," "ASC," or the "Company") announced that it has signed a Letter of Intent ("LOI") with Element 1 Corp. ("E1") and Maritime Partners, LLC ("MP") whereby the parties propose to establish a joint venture for the ...



Stolt-Nielsen Limited publishes Annual Report 2020

(Mar 17 2021)

Stolt-Nielsen Limited published its interactive Annual Report for the financial year ended November 30, 2020.



SCF Group net profit increased by over eighteen per cent in 2020

(Mar 17 2021)

PAO Sovcomflot (SCF Group, the Company; MOEX: FLOT), a global leader in marine energy transportation services, released its Consolidated Financial Statements for the period ending 31 December 2020.




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April-May 2021

Safety risks from digitalisation and decarbonisation - seafarer mental health - ABS advice on ballast water systems