Capital Product Partners L.P., an international shipping partnership, released its financial results for the third quarter ended September 30, 2018 and announced a plan to equip part of its fleet with exhaust gas cleaning systems (“EGCS”) and the sale of

The achievements and milestones of the European co-funded project Poseidon Med II (PMII), was the focus of the discussion on October 18th 2018, during an event that took place at the University of Nicosia. Participants represented the academic community; professors

VLCC
Rates eased in the Middle East Gulf as charterers focused on ‘disadvantaged tonnage’ with South Korea and China fixed at WS 77.5 and WS 80, but recovered as GSC took DHT tonnage at WS 85 for 270,000mt cargo to

Gulf Oil Marine is pleased to announce the release of its 2020 position paper. The document explores the various compliance options and challenges ship operators are preparing for to switch to low Sulphur fuel or scrubbers. It presents a range

The adoption of a ban on the carriage of bunkers above 0.50% sulphur looks set to go ahead despite a number of countries seeking a delay. A majority of countries attending the 73rd session of the IMO’s Marine Environment Protection

The construction of the first onshore power supply plant for commercial vessels in the port of Kiel has begun. Taking part in the official first-cut-of-the-spade-ceremony marking the start of the construction works at the Norwegenkai Terminal were the Economics Minister

France presented the results of its impact assessment of a possible emission control area (ECA) in the Mediterranean Sea aimed at the reduction of harmful ship emissions. The findings shows that a combined ECA which addresses sulphur and nitrogen oxides

Mitsui O.S.K. Lines, Ltd. announced its decision to equip 80 of its operated bulkcarriers with a new service called NAPA Fleet Intelligence with Noon Report (NAPA FI) developed by NAPA Ltd. (President: Ilumo Kuutti; headquarters: Helsinki), a software company that

ExxonMobil has developed a newly formulated 40BN cylinder oil, Mobilgard™ 540. It is specifically designed to work with the low-sulphur fuels the vast majority of the marine industry are expected to adopt for compliance with the International Maritime Organization's (IMO)

On 18 October, in Rotterdam (Netherlands), Konstantin G. Palnikov, Director General of Russian Maritime Register of Shipping, participated in a protocol event dedicated to the successful project implementation of construction and operation commencement of a large-capacity Aframax tanker “Gagarin Prospect”