An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution were reported, a spokesperson for the operator TMS Tankers said on Monday.The Marshall Islands-flagged tanker Vilamoura had left Libya's Zuetina port and was en route to Gibraltar when there was an explosion in the engine room, the operator said.
A group of top shipping companies including leading Greek players said on Thursday they want changes to a United Nations deal tabled for adoption in October that seeks to cut marine fuel emissions, adding complications to the draft accord after U.S. opposition.Global shipping accounts for nearly 3% of the world's carbon emissions
Greek shipping companies calling at Russian ports are boosting their vessels' defences after a series of mysterious blasts in recent months have damaged tankers linked to Moscow's oil trade according to six Greek shipping and security sources.The measures include underwater inspections by divers to check for foreign objects, two of the Greek sources familiar with the strategy said.
Webb Institute, an undergraduate college specializing in naval architecture and marine engineering, celebrated its 2025 Commencement Ceremony on Saturday, June 21, welcoming George Economou, founder of DryShips Inc., the TMS Group, and the owner of Cardiff Marine, as the keynote speaker.
Strategic Marine has delivered TMS Tah Muang fast crew boat to Truth Maritime Services (TMS), a subsidiary of the Prima Marine Group.The latest 42-metre Generation 4 Fast Crew Boat (FCB) marks the fourth high-performance vessel delivered by Strategic Marine to TMS since 2024, following the earlier handovers of TMS Ranod, TMS Raman, and most recently, TMS Chana.
TM Edison, a consortium of Belgian marine construction companies DEME and Jan De Nul, has installed the first two of a total 23 caissons in the Belgian North Sea, marking the start of construction for the Princess Elisabeth Island, the ‘world’s first’ artificial energy island.Caissons are concrete building blocks that form the outline of the future island.
Singaporean aluminum boat builder Strategic Marine has delivered another fast crew boat (FCB) to Truth Maritime Services (TMS) in Thailand.Following the successful handover of the first two Gen 4 FCBs, TMS RANOD and TMS RAMAN, in 2024, these vessels have been operating efficiently and meeting the needs of TMS’s clients.
The GTT Group, through its smart shipping arm Ascenz Marorka, has signed an agreement with global provider of multi-segment shipping services TMS Group to provide smart shipping solution to its entire fleet of fleet of over 130 ships.The agreement includes TMS Dry, TMS Bulkers, TMS Takers and TMS Cardiff Gas, encompassing a fleet of tankers, bulkers
A limpet mine may have caused a blast that damaged a Greek tanker sailing off Libya's coast last week, the fifth such incident to hit commercial shipping in the region in recent months, maritime security sources said on Tuesday.The Marshall Islands-flagged tanker Vilamoura had left the Libyan port of Zuetina on June 27 to head to Gibraltar with some 1 million barrels of oil when there was an
GTT has received two Approvals in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for its ethane-optimized cargo containment systems: Mark III SlimTM and NO96 Slim TM.Building on its well-established Mark III and NO96 membrane technologies, GTT has developed these slim variants specifically to accommodate the physical properties of petrochemical cargoes.
Kongsberg Maritime announced the launch of its new Tunnel Thruster type TTH, the Harmonised series, setting new standards in performance and reliability with a compact, modular design that allows for flexible installation and optimal integration into a wide range of vessel types.Key innovations include:Compact thruster design for easier hull integration and reduced installation footprintModular
Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.The price cap introduced by the Group of Seven countries does not allow Western companies to provide insurance and transport services for Russian oil sold