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(May 13 2021)
The disruption of clean petroleum product flows on the Colonial Pipeline spurred a flurry of spot clean tanker activity on both sides of the Atlantic Basin in the week started May 10.
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(May 13 2021)
Refiners booked at least five tankers to store gasoline stranded at U.S. Gulf Coast plants following a cyberattack that crippled the biggest fuel pipeline in the country.
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(May 13 2021)
FUELSAVE GmbH of Germany has developed a technology which injects hydrogen, oxygen, water & methanol into the engine in a specific way. The company claims to reduce OPEX costs by 10% – and has done a successful trial on a heavy lift vessel.
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(May 13 2021)
The challenge of decarbonising shipping is more about figuring out who will pay for it, or how it will be made fair on companies which spend money on zero carbon fuels – one of the conclusions from an ABB webinar on decarbonisation.
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(May 13 2021)
Damen Marine Components (DMC) is making a special contribution to the innovative inland waterway tanker that is being built for BASF and Stolt Tankers.
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(May 13 2021)
Watson Farley & Williams (“WFW”) has advised Euromont Shipping Company S.p.A. (“Euromont”) and Navigazione Montanari S.p.A. (“Navigazione Montanari”) on c.€35m loan granted by illimity Bank S.p.A. (“illimity”) for the renewal of Navigazione Montanari...
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(May 13 2021)
ABS, Hyundai Mipo Dockyard Co., Ltd. (HMD), Korea Shipbuilding & Marine Engineering Co., Ltd (KSOE) and the Republic of the Marshall Islands (RMI) Maritime Administrator have signed a JDP to develop liquefied CO2 carrier designs.
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(May 13 2021)
“In the first quarter of 2021, TORM achieved an EBITDA of USD 19m, in a market which continues to be impacted by the pandemic. Further I am pleased that we have just purchased three LR2 vessels on top of the eight MR vessels acquired earlier this yea...
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(May 13 2021)
TORM has entered into an agreement to purchase the three 2015-built scrubber-fitted and fuel-efficient LR2 vessels Nissos Schinoussa, Nissos Heraclea and Nissos Therassia from Okeanis Eco Tankers Corp. for a total consideration of USD 120.8m.
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(May 13 2021)
ABS, Hyundai Heavy Industries (HHI) and Hyundai Global Service (HGS) have completed a landmark joint development project (JDP) exploring decarbonization and digitalization in the marine and offshore industries.
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(May 13 2021)
Will scrapping hold the key to the tanker market recovery?
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(May 13 2021)
The crew of the abandoned merchant tanker Mt Iba are set to fly home to their families after four years stranded in the Gulf.
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(May 13 2021)
Tanker FMT BERGAMA arrived at Port-la-Nouvelle from Terneuzen, Netherlands, on the evening of May 6th. Prior to arrival, the Master reported covid-like symptoms among the crew.
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(May 13 2021)
Shipping busts can be even more exciting than shipping booms.
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(May 13 2021)
Victorian police have rescued a man in Port Phillip Bay, after he was believed to have jumped from an international oil tanker.
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