Royal Caribbean Cruises Ltd cut its adjusted profit forecast for the year, citing a jump in fuel prices since its January forecast and a strong dollar. Shares of the world's second-largest cruise operator, which also cut the higher end of its full-year net yields forecast…
The International Chamber of Shipping (ICS) has dismissed the recent claim by the European environmental lobby group Transport and Environment (T&E) that modern ships are somehow less CO2 efficient than those built over 20 years ago as ‘fanciful’…
General Dynamics NASSCO launched the 3,100 teu Isla Bella, the world’s first LNG-powered containership. More than 3,400 shipbuilders, their families, and others attended the special event at the San Diego-based shipyard. After christening by Sophie Sacco — wife of Michael Sacco…
Dennis de Bruin, Marine Director at BMT Surveys, describes what a surveyor can do to turn an apparent total loss of high quality fuel into the acceptance of a sound product. Shipping is a global business and the obstacles and challenges faced are often demanding…
New ships today are no more efficient than they were over twenty years ago, despite shipping industry claims to the contrary. The efficiency of new ships has deteriorated by 10% on average since 1990. The study also shows that containerships built 30 years ago already…
Hapag-Lloyd and the Shenzhen Port Green Convention have entered into an agreement to cut back on sulphur oxide while the company's vessels are docked at port. 'By joining the Shenzhen Port Green Convention, Hapag-Lloyd has demonstrated its commitment to environment…
Maritime and Port Authority (MPA) of Singapore said that Singapore bunker fuel sales rose 5.34% month on month and up 12.33% year on year, to 3.58 million mt in March reports Platts. The vessel arrivals in Singapore for bunker fuel rose to 3…
Doosan Fuel Cell has appointed Dr. Sathya Motupally as its chief operating officer (COO), the company’s president and CEO Jeff Hyungrak Chung announced. Dr. Motupally, a 13-year industry veteran who previously served as Doosan’s vice president of research…
A/S Dan-Bunkering Ltd. has announced that Anne Kathrine Bergmann has been employed as bunker trader in the Copenhagen office.Bergmann comes from a previous career in insurance sales and supply chain management. Sales Manager Rune Andreasen…
Veritas Petroleum Services (VPS) announced that its Supervisory Board has appointed Gerard Rohaan as Chief Executive Officer, effective May 1, 2015. Rohaan succeeds Eirik Andreassen, who has stepped down as Chief Executive Officer. The new…
Markel International, the specialist insurer with a worldwide product portfolio, hosted a seminar on insolvency issues in Singapore earlier today.The seminar which was attended by around 70 brokers, lawyers and business professionals from a range of industries…
Spurred by the International Maritime Organization (IMO) emissions standards effective from January 2015, liquefied natural gas (LNG) as a marine fuel is one of the most important developments impacting shipping. Yet there are many issues and unanswered questions being debated…
Crowley Maritime Corp. announced its membership in the Trident Alliance, a coalition of shipping owners and operators that share a common interest in robust enforcement of existing maritime sulphur regulations. In joining, Crowley said it has signed a statement of commitment…
The head of the U.S. Chemical Safety Board has resigned weeks after lawmakers with oversight of his agency accused him of hostility toward his staff, a White House official said on Thursday.Rafael Moure-Eraso stepped down from his role as chairman of the CSB…
Seafarers’ welfare organization Apostleship of the Sea (AoS) provided pastoral support for the crew of a bunkering ship in Falmouth who were distressed after their colleague died of a heart attack.AoS Falmouth port chaplain John Pinhay arranged…
