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Monthly Archives: August 2019

Seized Stena Bulk Tanker Could be Released Soon

Sweden has received "very strong indications" that a British oil tanker seized last month by Iran in the Strait of Hormuz is to be released soon, Swedish public service broadcaster SVT reported on Thursday, citing sources within Sweden's foreign minist...
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Expedition Cruise Market Powers Ahead

While nothing lasts forever, the cruise industry – and particularly the ‘expedition’ cruise sector – remain on a historic run with no indication of a near-term slowdown.The leisure travel sector, of which expedition cruising is a part, offers…
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MTR100: Five “Ones to Watch”

For Marine Technology Reporter's (MTR) 14th Annual "MTR100" - a look at 100 innovators and technologies in the subsea space - MTR editor-at-large Elaine Maslin reports on five companies and technologies that are worth the watch for the remainder of 201...
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Iranian Tanker Wanted by US not Heading to Greece

An Iranian tanker which the United States wants seized is not heading towards Greece as it sails through the Mediterranean, Greek Prime Minister Kyrikos Mitsotakis told France 24 TV on Thursday.The Adrian Darya, formerly called Grace 1, left Gibraltar ...
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Baltic Index at 4-week Peak on Broad Support

The Baltic Exchange's main sea freight index rose to its highest in more than four weeks on Thursday, lifted by strong demand across all vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 57 points…
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NorthStar Midstream Forms LNG Marine Transport Firm

NorthStar Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P., has announced the formation of Polaris New Energy (“PNE”), a marine transportation company focused on the transportation and distribution of liquefied…
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Norway Mulls U.S. Gulf Naval Mission Proposal

Norway's foreign minister said on Thursday it was deliberating how to respond to a U.S proposal on forming an international mission to safeguard shipping in the Gulf.Speaking at a joint news conference with her Iranian counterpart, Eriksen Soereide…
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APC Announces Retirement of Harrington

Advanced Polymer Coatings (APC) has announced the retirement of Joseph F. Harrington after 25 years with Advanced Polymer Coatings. In 1994 he was approached by Don Keehan, Chairman of Advanced Polymer Coatings, to further develop the Marine…
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