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Piraeus Port Wins Environment Award

15.04.2019

Piraeus Port Authority SA (PPA) was honored with a Special Award in the "Environment" category for the "Environmental Quality Monitoring Programs in collaboration with Academic Institutions and Special Scientific Associates” during the 4th Annual Sustainability Summit 2019, organized by the Centre for Sustainability and Excellence (CSE) in cooperation with the MBA International of the Athens University of Economics and Business.

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MABUX: Bunker Market On the Up

12.04.2019

Oil rallies on Wednesday as U.S. gasoline inventory draw offsets crude build. Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as an OPEC report showed further tightening of Venezuela’s crude supply.

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EMSA launches procurement procedure for new oil spill recovery vessels

11.04.2019

In order to enhance its response capacity network EMSA announced the launch of a procurement procedure to contract new stand-by oil spill recovery vessels in the Adriatic Sea, West Mediterranean Sea, and Central Mediterranean Sea.

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Cyprus’ shipping ready for Brexit

10.04.2019

Cyprus has prepared an emergency plan of action in the event of a hard Brexit even though it is being kept at low profile – at least as far at political level.

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Fleet reductions could see tanker owners in touch with a profit in 2019

09.04.2019

IMO sulfur regulations will constrain large tanker supply growth while an ageing fleet should encourage scrapping, writes Tim Smith, director of tanker and energy markets at MSI.

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Green Recycling Takes Center State in Southeast Asia

08.04.2019

With more and more ship recyclers looking to comply with stricter environmental standards, the demolition market could be seen as one in transition. 

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