Following the outbreak of COVID-19, the Paris Memorandum of Understanding on Port State Control (Paris MoU) drafted temporary guidance for its member PSC authorities, recognizing the need to apply flexibility under these
New York City headquartered International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker operators, reported net income for the first quarter of $33.0 million, compared to a net income of
The International Maritime Organization (IMO) has sent a recommended framework of protocols for ensuring safe ship crew changes and travel during the COVID-19 pandemic to all IMO member-states, the UN and other
The Cyprus Shipping Deputy Ministry (SDM) has formally announced a new process to facilitate crew changes during the COVID-19 pandemic. Crew changes for vessels are possible in Cyprus provided certain conditions are
Alfa Laval reports that its Aalborg, Denmark, site has adapted to restrictions imposed in response to the COVID-19 pandemic and is continuing production of PureBallast 3 ballast water treatment systems. The factory
Video has surfaced on YouTube showing the collapse of a massive Liebherr offshore crane during load testing on the DEME offshore installation vessel Orion 1. Built in China, the vessel is designed
While SEACOR Holdings Inc. (NYSE:CKH) saw first quarter income fall, it reports that all of its services have been deemed essential — and looks to have gotten a significant boost from tax
Espoo, Finland, headquartered Gasum has closed the acquisition of Linde AG’s LNG and Biogas business in Sweden and Norway and Nauticor’s Marine Bunkering business in Germany. The acquisition is an integral part
Cheap bunker prices are tempting hard-pressed shipowners to send ships “the long way round” and avoid expensive Suez and Panama Canal transit fees. In response, the authorities of both canals are offering
The 49,646 dwt Stena Bulk MR tanker Stena Immortal ran on 100% biofuel during a recent 10-day sea trial. The tanker received the first delivery of GoodFuels Bio Fuel Oil during a