The U.S. Environmental Protection Agency (EPA) and U.S. Coast Guard (USCG) today signed a Memorandum of Understanding (MOU) outlining steps the agencies will take to better coordinate efforts to prevent illegal discharges
Somali pirates have seized another ship. In the early hours of this morning, reports Eu Navfor, the 104,255 dwt oil tanker MV Savina Caylyn was hijacked approximately 670 nautical miles east of
Significant tonnage oversupply in the three major shipping sectors seems to have been avoided by the delay or cancellation of some newbuilding deliveries last year, accordingto London-based shipbroker Braemar Seascope. Braemar Seascope
An ambitious attempt to build Jones Act products tankers using a “virtual shipyard” approach is drawing to a sad conclusion. By order of the U.S. Bankruptcy Court, Eastern District of Louisiana, Myron
Stena Bulk is bulking up in the MR segment (Medium Range product tankers of 50,000 dwt). It is acquiring 50 percent of the Danish shipping company Weco. The move doubles the Stena
The Paris MOU is warning that significant number of tankers could pose a risk to the environment. They are not being loaded in accordance with damage stability requirements. In the case of
A project part funded by the EU has developed software said to accurately predict the condition of a vessel’s structure, coating and components. This enables ship owners and operators to schedule maintenance
Kenneth Hvid, has been appointed Executive VP and Chief Strategy Officer at Teekay Corporation (NYSE:TK ), effective April 1. He will be located in Vancouver, Canada and will be succeeding Peter Evensen,
Mitsui O.S.K. Lines, Ltd. (MOL) reports that it has established a Ship Energy Efficiency Management Plan (SEEMP) and has started its use in the MOL tanker fleet. The SEEMP provides the most
Petrobras transportation subsidiary Transpetro is to rebid eight 30,000 dwt product tankers. A new solicitation will go out by the end of this month after Transpetro could not conclude contracts awarded to
