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Latest News for: Shipowners
A wave of new environmental laws is scaring shipowners
The Economist 19 Sep 2018
A cap on sulphur in marine fuel could cost the industry $60bn ... ....
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China shipowners stop hauling Iranian oil as US sanctions near
Manila Bulletin 22 Aug 2018
China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers as impending US sanctions threaten to disrupt global crude trade.... ....
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Sanctions hit Russian shipowners
NWA Online 22 Aug 2018
The U.S. sanctioned owners of six Russian ships over allegations that they are helping transfer refined petroleum products to North Korean vessels in violation of international prohibitions. The ships, based in Vladivostok, Russia, and operating for Primorye Maritime Logistics Co ... "The Treasury Department is disrupting Russian efforts to circumvent our sanctions," Treasury Secretary Steven Mnuchin said in a news release ... ....
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China Shipowners Shunning Iranian Oil as U.S. Sanctions Near
Rigzone 21 Aug 2018
China's shipowners are shunning Iran's oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions threaten to disrupt global crude trade ... ....
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New fuel rules push shipowners to go green with LNG
This is Money 15 Aug 2018
LONDON, Aug 15 (Reuters) - Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refuelling facilities in the shipping industry's biggest shake-up in decades ... "Over the last year or so there is a growing consensus among shipowners that LNG is a reasonable next step....
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Analysis: New fuel rules push shipowners to go green with LNG
Yahoo Daily News 15 Aug 2018
LONDON (Reuters) - Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refuelling facilities in the shipping industry's biggest shake-up in decades ... "Over the last year or so there is a growing consensus among shipowners that LNG is a reasonable next step....
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Malaysia Shipowners’ Association calls for review of cabotage policy
Splash24/7 09 Aug 2018
The Malaysia Shipowners’ Association (MASA) has called for a review of the removal of cabotage policy in Sabah, Sarawak and Labuan as it has failed to accomplish its original target ... According to MASA, Malaysia recorded a freight loss of RM25bn ($6bn) in 2017 as more cargo was transported by foreign vessels. ....
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Shipowners, Children Still Exempt from Military Service on Cyprus
The National Herald 02 Aug 2018
NICOSIA – Cyprus’ Communist party is upset that shipowners who bring their operations will be exempt from military service, as will their children ... ministers’ decided to exempt shipowners and their children from military service if they bring their....
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Norwegian Shipowner's Association: Norwegian Offshore Rig Strike Escalates
Rigzone 16 Jul 2018
A strike on Norwegian offshore oil and gas rigs has escalated, the Norwegian Shipowner's Association revealed Monday ... ....
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Shipowners on Pace to Scrap $1 Billion in Oil Tankers This Year
Wall Street Journal 09 Jul 2018
Dire freight rates are pushing shipowners to scrap a record number of the biggest oil tankers this year, making it a bumper period for recycling yards in South Asia ... ....
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Shipowner associations make sulphur cap submissions
Splash24/7 19 Jun 2018
The world’s leading shipowning organisations have co-sponsored a number of submissions to the International Maritime Organization (IMO) ahead of a key meeting next month to thrash out technical details for the January 1, 2020 global 0.5% sulphur cap on shipping fuel ... The shipowning bodies asked for authorities to show some leniency in the first few months of the cap’s implementation....
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CNBC's Lori Ann LaRocco Offers Readers a Rarefied View of Shipowners and Financiers in Dynasties ...
PR Newswire 13 Jun 2018
STAMFORD, Conn., June 13, 2018 /PRNewswire/ -- Marine Money, Inc. -- CNBC Senior Editor of Guests and author Lori Ann LaRocco offers readers a rarefied view into the high-stakes world of shipping in Dynasties of the Sea. The Untold Stories of the Postwar Shipping Pioneers, $29.95;... ....
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