No delays to implementing shipping fuel sulphur cap in 2020 -IMO

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, officials with the UN’s shipping agency said on Tuesday. “I can categorically say there will not be a delay,” said Edmund Hughes, the head of air pollution and...

https://www.hellenicshippingnews.com/no-delays-to-implementing-shipping-fuel-sulphur-cap-in-2020-imo/

Iranian Oil Tankers Go Dark With 1 1/2 Months to Go to Sanctions

Iran’s oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the country’s exports, making it harder to keep track of the nation’s sales. No signals have been received by shore stations or satellites from 10...

https://www.hellenicshippingnews.com/iranian-oil-tankers-go-dark-with-1-1-2-months-to-go-to-sanctions/

MCA warns of the hazards of an accidental CO2 release onboard ships

The UK Maritime Coastguard Agency (MCA) has released ‘Safety Bulletin 12 – Accidental CO2 releases onboard 2 UK Merchant Vessels’, which was issued in September 2018. The bulletin was produced in response to two serious and potentially fatal accidental CO2 releases on UK flagged ships in the last...

https://www.hellenicshippingnews.com/mca-warns-of-the-hazards-of-an-accidental-co2-release-onboard-ships/

Chinese state-owned marine builder says to work with Singapore trader to buy fuel

The marine construction unit of the state-owned China Communications Construction Company (CCCC) on Tuesday signed an agreement to work with Singapore-based commodities trader Zenrock Group to purchase fuel. Marine Construction & Development Co (MCD), which is involved in major infrastructure...

https://www.hellenicshippingnews.com/chinese-state-owned-marine-builder-says-to-work-with-singapore-trader-to-buy-fuel/

WFW advises Teekay Tankers on sale-leaseback of six Aframax tankers

Watson Farley & Williams (“WFW”) has advised long-standing client Teekay Tankers Ltd. (”Teekay Tankers”) on the sale-and-leaseback for six Aframax tankers, improving its net liquidity position by US$60m after the repayment of outstanding related debt. As part of the financing, one of a range of...

https://www.hellenicshippingnews.com/wfw-advises-teekay-tankers-on-sale-leaseback-of-six-aframax-tankers/