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Singapore's Horizon Adds New Bunker Saving Vessels
Nov 27, 2014 ... new ships, which are Singapore flagged and classified by Bureau Veritas, “are among only a handful of fully compliant high-speed “2000 HSC Code” [International Maritime Organization code ...
Zim Posts Further Loss, But Gross Profit Margins Up
Nov 26, 2014 ... The Israeli shipper is underway with a five year restructuring plan, which will help it "cope with its challenging financial position." ...
U.S. EPA May Raise ECA Fines to $38,000 per Day: Sources
Nov 26, 2014 ... Sources say the fines are set to increase from the current $25,000 per day. ...
New Brightoil Singapore CEO Confirmed
Nov 25, 2014 ... Wang Wei comes from Chinese state-run Sinochem. ...
Profit Drops 39% at Singapore's Marco Polo Marine Despite Revenue Growth
Nov 25, 2014 ... Profit after interest, but before tax, dropped 39 percent year-on-year to S$13.7 million for FY2014. ...
Torm Announces Non-Compliance with Loan Facility, No Default Expected
Nov 25, 2014 ... Torm last week announced to the market that it had breached one of the terms of its debt facility as restructuring negotiations are taking longer than hoped. ...
OSC Receives Fuel Efficient LNG Carrier
Nov 20, 2014 ... its propulsion system and the design of its aft hull form, with its Dual Fuel Diesel Electric (DFDE) technology reportedly increasing energy efficiency and cutting nitrogen oxides (NOx) ...
Battery Hybrid Ferry Trial Shows Reduced Bunker Consumption
Nov 20, 2014 ... Corvus Energy says the three month trial has reduced bunker consumption for a 1999-built Norled ferry. ...
Wärtsilä to Equip Middle East's First LNG Harbour Tug
Nov 19, 2014 ... equipment. Wärtsilä will supply the ship design as well as two nine-cylinder Wärtsilä 20DF dual-fuel engines and its WST-18 Wärtsilä Steerable Thrusters, which are said to reduce fuel ...
Shipbroker Clarksons In Talks to Buy Platou
Nov 17, 2014 ... The acquisition will solidify Clarkson's title as largest shipbroker in the world. ...
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