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Gard Warns of Shortfalls in P&I Coverage for Tankers Trading with Iran
Feb 24, 2016 ... Gard says it issued a loss prevention circular in order to assist their members in deciding whether to conduct trade with Iran. ...
Bunker Hedge Drags Down Odfjell Bottom Line
Feb 24, 2016 ... bulk liquid shipper Odfjell has reported that in 2015 it suffered a loss of $64.3 million on bunker hedging contracts, which dragged down its full year result to a loss of $36 ...
U.S. Launches New ECA Compliance Bunker Inspection Program
Feb 23, 2016 ... The new testing will start next Monday, February 29, 2016. ...
Singapore Firm Diversifies Beyond OSVs on Weak Market
Feb 23, 2016 ... Otto Marine shipyard secures contracts for oil tanker and two ferries from Indonesian customers. ...
Recycled Bunker Company Completes €5.5 Million Bond Financing
Feb 22, 2016 ... French recycler Ecoslop raises $6.12 million through convertible bond issue. ...
Cosco Declared the Preferred Buyer for Port of Piraeus
Feb 22, 2016 ... to reports. The port is being privatised by the Hellenic Republic Asset Development Fund (HRADF) as part of the Greek bailout plan. Cosco was the only bidder, with the deal said to be worth ...
Golden Ocean CEO: Company is in a "Very Serious Situation"
Feb 19, 2016 ... However, despite posting a net loss of $69.3 million for Q4, Billung says the dry bulk market "will repair faster than any analysts expects." ...
Wärtsilä Engines Powering Japanese Shipping Industry Into the "Gas Age"
Feb 11, 2016 ... 2015, with the first machinery delivered at the end of December 2015. The engines are all 50DF-type and are capable of running on liquefied natural gas (LNG), light fuel oil (LFO), or heavy ...
Western Bulk Completes Sale of its Chartering Business, But Survival in Question
Feb 9, 2016 ... Western Bulk says it has received the first cash payment of USD $10 million from Kristefos Equity Operations AS. ...
Chairman of MSAR Emulsion Bunker Firm Quadrise to Step Down
Feb 8, 2016 ... November, Quadrise announced that it had signed an agreement with the University of Surrey in Guildford, enabling the company to move its primary emulsion fuels research base from Sweden to the ...
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A report states that fragmented safety regulations are holding back the widespread adoption of battery and shore power systems.

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LNG Offers Up to 5-Year ROI Under IMO 2028 Framework: Sea-LNG

LNG Offers Up to 5-Year ROI Under IMO 2028 Framework: Sea-LNG

Sea-LNG sees LNG as delivering the strongest investment case for shipowners navigating new decarbonisation rules.

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Stockholm Scales Up Shore Power for Cruise Ships

Stockholm Scales Up Shore Power for Cruise Ships

The Swedish port has added a second shore power connection for cruise ships.

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