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LNG Carrier

Navy captain Nick Cooke-Priest was allowing wife to use ship's car before he was reported by own cre

The Navy captain removed from command of HMS Queen Elizabeth is understood to have allowed his wife to use the ship's car, and it has emerged he was reported by his own crew.Commodore Nick Cooke-Priest was stripped of his command of the fleet's newest aircraft carrier over a claim that he treated the Ford Galaxy "like it was his own".

Guide for Firefighting for Cargo Areas of Container Carriers

The ABS Guide for Fire-Fighting Systems for Cargo Areas of Container Carriers has just been published, in an industry first.The guide is the first of its kind to address firefighting and safety systems of cargo holds of container vessels, the location of a series of high-profile fires onboard.Container Carriers have grown…

$0.24 Earnings Per Share Expected for Star Bulk Carriers Corp. (NASDAQ:SBLK) This Quarter

Wall Street brokerages expect Star Bulk Carriers Corp. (NASDAQ:SBLK) to post earnings per share (EPS) of $0.24 for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Star Bulk Carriers’ earnings. The lowest EPS estimate is $0.10 and the highest is $0.37. Star Bulk Carriers posted earnings per share of $0.35 in the same quarter last year…

BAE Systems - on target for the full year

No recommendationNo news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.In a brief trading update BAE said it continues to expect mid-single digit growth in earnings per share this year and £3bn in free cash flow over the…

FY2019 EPS Estimates for Diana Shipping Inc Boosted by Analyst (NYSE:DSX)

Diana Shipping Inc (NYSE:DSX) – Equities research analysts at Jefferies Financial Group lifted their FY2019 earnings estimates for Diana Shipping in a report issued on Wednesday, October 23rd, according to Zacks Investment Research. Jefferies Financial Group analyst R. Giveans now anticipates that the shipping company will post earnings of $0.12 per share for the year…

Floating LNG

Is Navios Maritime Acquisition (NYSE:NNA) Using Too Much Debt? – Simply Wall St News

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that ‘Volatility is far from synonymous with risk. When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. Importantly, Navios Maritime Acquisition Corporation (NYSE:NNA) does carry debt.

ValuEngine Downgrades Teekay Offshore Partners (NYSE:TOO) to Sell

Teekay Offshore Partners (NYSE:TOO) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday, ValuEngine reports.Shares of NYSE TOO remained flat at $$1.54 during midday trading on Friday. 574,113 shares of the stock were exchanged, compared to its average volume of 630,099.

Comparing Grupo TMM SAB (OTCMKTS:GTMAY) & Scorpio Tankers (OTCMKTS:STNG)

Grupo TMM SAB (OTCMKTS:GTMAY) and Scorpio Tankers (NYSE:STNG) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, earnings, valuation and risk. DividendsScorpio…

BW Offshore, Chevron, CNOOC, ExxonMobil – Global News Reports 24

All-inclusive Floating Production Storage and Offloading (FPSO) Units Market is a recently Published Research Report that covers every aspect of Global Floating Production Storage and Offloading (FPSO) Units 2019 along with in-detailed analysis of growth elements, trends, size, demand and distribution. This report also…

How Visakhapatnam Port Trust could woo back TANGEDCO to ship coal

State-run Visakhapatnam Port Trust (VPT) has managed to woo back one of its top customers - Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) which had switched loyalties since March this year to Paradip Port Trust, also state-owned, for shipping coal sourced by the power utility from the Talcher and…

LPG

From New RoPax Ferries to an Historic Air Fly Over Agreement - This Week's Industry Snippets

ARABIAN GULF – RED SEA – GULFS' OF ADEN and OMAN – INDIAN OCEAN – It is strangely comforting to know, even on the high seas and when speaking of elite naval forces, Covid-19 is ensuring conferences are being held virtually. Such was the case when Rear Admiral Nejat Inanir of the Turkish Navy, the Commander of the Combined Maritime Forces' CTF 151…

Danish Consortium Developing Ammonia-Fueled Engine

Innovation Fund Denmark, the Danish investment entity, has announced the establishment of a consortium to develop a two-stroke, ammonia-fueled engine for maritime shipping. It aims to specify and demonstrate an entire, marine-propulsion system that will pave the way for the first commercial order for an ammonia-fueled vessel.MAN…

ABS Awards AIP to DSME's FLNG Hull Design

ABS has issued Approval in Principle (AiP) for the design of a wide breadth, single row, near-shore LNG Floating Production Storage Offloading Vessel (FPSO) hull with a jetty-moored system developed by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME).The AiP is the completion of a joint development project (JDP) between DSME and ABS…

Ship collision spills 2 tonnes of oil in TN; turtles, fish die

CHENNAI: An oil spill due to the collision between two petroleum product carriers off the Kamarajar Port in Chennai spread to 25km on Monday from the site of the accident.On Saturday morning, the fuel tank of an oil tanker burst following the collision with an LPG-carrying vessel that led to a marine disaster. The oil spill…

MAN Leading Ammonia-Fueled Engine Project

Consortium seeks to develop a two-stroke marine engineMAN Energy Solutions will lead a consortium seeking to develop a two-stroke, ammonia-fueled engine for maritime shipping, according to Innovation Fund Denmark, the Danish investment entity.The consortium aims to specify and demonstrate an entire, marine-propulsion system…