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More EU transport budget for the benefit of Europe

15/11/2016

30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways, railways, road, cycling, aviation and intermodal sectors, call on the European Parliament and the Council to approve the initial Commission proposal

Scorpio Tankers Inc. Announces Net Loss of $18.3 million

15/11/2016

Scorpio Tankers Inc. reported its results for the three and nine months ended September 30, 2016 and declaration of a quarterly dividend.

Results for the three months ended September 30, 2016 and 2015

For the three months ended September 30, 2016, the

LNG marine fuels are gaining market share as emissions’ and costs’ benefits are hard to ignore says Titan LNG

14/11/2016

The recent decision by the IMO to limit the amount of sulphur emissions from vessels is bound to have a significant effect in the shipping market, as it will reduce the global sulphur cap to 0.5% from 2020 onwards. As

Hong Kong Competition Commission Leaves Vessel Discussion Agreements Outside Of Proposed Exemption

14/11/2016

On 14 September 2016, the Hong Kong Competition Commission (“Commission”) announced its intention to adopt a Block Exemption Order (“BEO”), conditionally exempting certain agreements between shipping liners from the Competition Ordinance (“CO”).

In December 2015, the Hong Kong Liner Shipping Association

Port State Control across the continents to target sulphur compliance

11/11/2016

The two major port State control regimes – Paris MoU and Tokyo MoU – will increase focus on the sulphur limit regulations. The decision has been made on the basis of a Danish/Dutch proposal.

Port State control authorities across 45 countries

Global cap in 2020: Now what?

09/11/2016

Several unknowns remain about the global 0.50% marine fuel sulphur limit. Will assumed global capacity translate into actual marine market supply in 2020? Will refiners produce suitable fuels, and what will these fuels look like? Can the powers that be

Bunker tanker operators may obtain exemptions from ballast water management requirements as IMO gives green light for SR

08/11/2016

It will be possible for states that are party to the Ballast Water Management (BWM) Convention to grant exemptions for vessels operating within specific geographical areas from the requirement to manage ballast water under the same risk area (SRA) concept.

As

Idemitsu and NYK Group Agree on Partnership to Enhance Boiler Combustion: Improves Fuel Efficiency and CO2 Emissions

08/11/2016

Idemitsu Kosan Co. Ltd. (head office: Chiyoda-ku, Tokyo; representative director and CEO: Takashi Tsukioka), NYK Trading Corporation (head office: Minato-ku, Tokyo; president and representative director: Hidenori Hono), and NYK Line (head office: Chiyoda-ku, Tokyo; president: Tadaaki Naito) are pleased to

Teekay LNG Partners – Earnings in line with expectations; maintain Neutral view

07/11/2016

New vessel deliveries result in higher earnings: TGP's income from vessel operations increased to USD 50.6m in 3Q16 from USD 42.2m in 3Q15 – in line with our estimate of USD 50.8m. We attribute the increase in earnings to the

Market Snaps Up First HyProp ECO System

05/11/2016

MAN Diesel & Turbo has won the order for a complete propulsion package for a chemical tanker. As a world-first, the package features a full HyProp ECO system with PTO/PTH; HyProp ECO is an innovative, fuel-saving, hybrid propulsion system.

The system

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