Ince & Co Greece (Ince Greece) is pleased to announce that following a strategic review, it has rebranded to ‘Ince’. The name change follows Ince Greece’s successful integration into Ince Gordon Dadds, a dynamic international law firm. In January, Gordon Dadds successfully acquired Ince & Co LLP,...
https://www.hellenicshippingnews.com/ince-co-greece-rebrands-to-ince/
Net profit from continuing operations came in at USD 331 t in Q1 2019 compared to USD 1,308t in Q1 2018. The net profit in Q1 is mainly attributable to a combination of financial income and advisory fees. Total operating expenses from continuing operations was reduced from USD 1 282t in Q1 2018 to...
https://www.hellenicshippingnews.com/hunter-group-suffers-profits-fall/
Asia’s crude oil imports from Iran jumped to the highest in nine months in April, as buyers rushed to ship in purchases before their waivers from U.S. sanctions on Iran expired in May, data from government and trade sources showed on Friday. Top buyers China, India, Japan and South Korea imported a...
https://www.hellenicshippingnews.com/asias-iran-oil-imports-hit-9-month-high-in-april-data/
A number of regulatory challenges will test container shipping lines in the coming year while the increase in the price of fuel will focus minds further. There is a definite probability that costs will increase, but rates may not match those increases. One such challenge will be the Sulfur Cap. The...
Flex LNG Ltd., Friday reported unaudited results for the quarter and three months ended March 31, 2019. Highlights: • Reported revenues for the first quarter 2019 of $19.1 million, compared to $36.1 million for the fourth quarter 2018. • Reported operating income of $3.0 million for the first...
This overseas regulatory announcement is made by Jinhui Holdings Company Limited(the “Company”)in compliance with Rule 13.09 and 13.10(B)of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limitedand Part XIVA of the Securities and Futures Ordinance(Chapter 571 of...
A jury in the Western District of Louisiana has acquitted the Russian Master of an oil tanker on all charges related the illegal discharges from the vessel. After spending more than 19 months detained in Lake Charles, Louisiana, Captain Vjaceslavs Birzakovs, Master of the oil tanker RIDGEBURY...
The GEBCO NF- Alumni Team was announced as the $4 million grand prize winner of the Shell Ocean Discovery XPRIZE, a three-year global competition that challenged teams to advance deep sea technologies for autonomous and unmanned, fast and high-resolution ocean exploration.
https://www.marinelink.com/news/shell-ocean-discovery-xprize-winner-466770
Fuel Oil Non-Availability Report (FONAR) is primarily a discretionary tool for a Member State to lessen the breach of MARPOL Annex VI, it is not an exemption but rather a self-declaration by owners that a breach has or is about to occur. IMO’s Marine Environment Protection Committee (“MEPC”) 74...
https://www.hellenicshippingnews.com/marpol-annex-vi-sulphur-cap-2020-demystifying-the-fonar/