Green Marine
SCI’s Tanker “in Full Command” after Explosion
Shipping Corporation of India: Tanker Desh Vaibhav is totally under control following an explosion on board.
Electrification of Ships Building Momentum as RR Unveils New Battery System
A lithium-based energy storage system for ships has been launched by technology company Rolls-Royce.
Aquarius Gets Permission to Disembark Migrants in Malta
Rescue ship Aquarius, carrying 141 migrants, received permission to enter Maltese territorial waters.
CFO: Turkish Lira Crisis Affects DFDS
The currency crisis in Turkey has had a negative impact on DFDS, the company’s CFO revealed.
Concordia Maritime: Weak Tanker Market Will See an Upturn
As the tanker market remained week during Q2 2018, Concordia Maritime widened its net loss.
ReCAAP: Asian Armed Robbery Incidents Surge in July
ReCAAP: A total of seven incidents of armed robbery against ships were reported in Asia in July 2018.
Navig8 Chemical Tankers Sinks Further into Red
Lower gross average daily TCE rates pushed Navig8 Chemical Tankers further into loss in 2Q 2018.
Epic Gas Cuts Loss amid Improving Market Conditions
Epic Gas managed to shrink its net loss in 2Q 2018, mainly due to improving market conditions.
Gibraltar to Remove Aquarius from Its Registry as Rescue Ship Awaits Decision on Safe Port
The Gibraltar Maritime Authority to terminate its registration licence to the Aquarius, migrant rescue ship.
GulfNav Upgrading Fleet ahead of New Environmental Rules
GulfNav upgrading its fleet with new technologies to prepare for upcoming environmental regulations.
Breaking: Three Crew Missing after VLCC Suffers Explosion off Oman
Three people are reported missing after an explosion onboard crude oil tanker M.T. Desh Vaibhav.
HMM Widens Loss amid High Bunker Costs, Poor Freight Rates
Higher bunker costs and lower average freight rates pushed HMM further into loss during the second quarter.
Intertanko Fears Fuel Contamination Affecting Dozens of Ships Could Become an Epidemic
Intertanko criticizes inaction of maritime authorities regarding problems caused by contaminated fuels.
Pan Ocean Delivers Nearly Double Net Profit
Pan Ocean’s net profit was almost double in 2Q of 2018, driven by a recovery in freight rates.