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Early warning on global 2020 sulphur cap compliance

Sulphur 2020 banner ENThe Maritime Authorities of the Paris and the Tokyo Memoranda of Understanding (MoU) on Port State Control will start issuing a letter of warning from 1 January 2019 on the sulphur content of marine fuels during inspections in order to increase awareness of and to encourage timely compliance with the new requirements.

TMS CARDIFF GAS announces four long-term time charter contracts with SHELL and places newbuilding orders.

tmscardifTMS CARDIFF GAS announces four long-term time charter contracts with SHELL and places newbuilding orders for additional X Carrier Series of LNG ships.

CLIA: 2019 Cruise Travel Trends and State of the Cruise Industry Outlook Report

cliaCruise Lines International Association (CLIA), the world’s largest cruise industry trade organization, released the 2019 State of the Cruise Industry Outlook report predicting the top trends in cruise travel.

TEN: Positive Operating Income in a Challenging Environment


TEN tankerTEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) reports results (unaudited) for third quarter and the nine months ended September 30, 2018.
NINE MONTHS 2018 RESULTS
In the first nine months of 2018, TEN generated positive operating income of $11.5 million and an adjusted EBITDA of $124.5 million.

The London P&I Club News Alert: Ukraine - Martial Law

london pIAs Members may be aware, the Ukrainian government has imposed thirty days of martial law, starting on 28 November 2018 and ending on 27 December, across ten regions of Ukraine bordering Russia to the east and the Black and Azov Seas to the south. This was imposed in response to an incident in the Black Sea on 25 November, where Russian Navy vessels fired upon and seized three Ukrainian vessels, and detained 23 Ukrainian sailors.

STEALTHGAS: Revenues increase

STEALTHGASPLOIOSTEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter and nine months results ended September 30, 2018.

IMO to further consider the challenges of 2020

intercargo23In addition to progress made on a number of important issues, the International Maritime Organisation (IMO) at its recent Marine Environment Protection Committee (MEPC 73) listened to the concerns raised by INTERCARGO and others and offered a constructive way forward to potentially address them. It is critical, especially for the tramp sector, to ensure an effective implementation process for the 2020 Sulphur Cap regulation.

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