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TORM Completes Restructuring Agreement
Oct 2, 2012 ... shipping firm TORM A/S (TORM) [NASDAQ:TRMD] said today it has signed a restructuring agreement with its banks and time charter partners, and it now expects to be cash flow positive "even at ...
Fuel Leaked from Ship for Five Hours in Canadian Harbour
Sep 25, 2012 ... more than 5,800 litres of diesel fuel oil (more than 40 per cent of the total quantity spilled)," Cmdr. Yves Germain said in the report. Altogether, 14,000 litres of diesel fuel spilled into the ...
New Dual-Fuel Engine From MAN
Sep 7, 2012 ... degree of fuel flexibility was one of its primary design objectives, and the engine can use HFO, MDO, MGO as well as natural gas. The first prototype entered testing at the start of the second ...
Troubles Deepen for TORM
Aug 23, 2012 ... shipping firm TORM A/S (TORM) [NASDAQ:TRMD] has delivered a second quarter 2012 consolidated net loss $132.1 million due to "challenging market conditions as well as TORM's difficult ...
Port of Los Angeles Awards $31.3 Million Shoreside Power Upgrades
Aug 21, 2012 ... the Proposition 1B, Goods Movement Emission Program via the Air Quality Management District (AQMD) and California Air Resources Board (CARB), with the Harbor Department funding the remaining ...
Cochin Shipyard Delivers First of its Kind PSV to SCI
Aug 16, 2012 ... of SCI Chairman and Managing Director Shri S Hajara and CSL Chairman and Managing Director Cmde K Subramaniam. The second ship is expected to be delivered in September 2012. Rolls Royce ...
Matson Boosts Q2 Revenues, Operating income
Aug 6, 2012 ... Pacific ocean carrier says revenues helped by an increase in fuel surcharges reflecting higher fuel costs. ...
Wärtsilä To Provide 9 Engines for Kuwaiti Tankers
Jul 19, 2012 ... in South Korea by the Engine & Machinery Division of Hyundai Heavy Industries Co., Ltd. (HHI-EMD). The announcement comes after the firm warned it expected a slow third ...
Bunker Prices Firm at the Start of the Week
Jul 16, 2012 ... gaining $6.00 to $618.00 but still sits below the month's high of $627.50 on July 5, 2012, while MDO was up $3.00 to $879.00 pmt. Rotterdam IFO380 and MGO gained for a second consecutive market ...
Bunker Prices Gain as Week Ends
Jul 13, 2012 ... week. Hong Kong saw IFO380 move up for a third consecutive day gaining $6.50 to $612.00, while MDO was up $2.00 to $876.00. Rotterdam 380 cSt product gained $8.50 moving the price to $581.00 ...
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