Maritime

Stealthgas confident in the future

Stealthgas has reported first quarter net income of $6.5m, down from the $7.4m posted a year ago.

Revival for Eitzen

Eitzen Chemical has reported EBITDA of $10.5m for the first quarter, more than double the figure achieved in the previous period.

Balls to emissions

EQUIPMENT Honeywell reports that US tank barge operators are increasingly turning to the company’s Tanksystem portable level gauges to help meet current expectations for environmental protection

Tank barge

Hyundai bags VLGC orders

Hyundai Heavy Industries is said to have won orders for up to nine VLGCs, four of which are firm contracts.

Odfjell enjoys happier quarter

Odfjell SE has reported EBITDA of $27m on revenues of $291m for the first quarter 2013. Both figures are down on last year but show some improvement from the fourth quarter.

Closer oversight on Yangtze

The Yangtze Maritime Safety Authorities have this week adopted a new strategy for supervising the movement of 79 different dangerous goods in bulk on the Yangtze.

LNG powers Shell barges

Shell has put two LNG-fuelled inland barges into service this week.

Inside job

POLLUTION Illegal discharges of oily water have landed Columbia Shipmanagement with a hefty fine in the US. But it was only the actions of certain crewmembers that brought the practice to light, as Brian Warshaw reports

Tanker Cape Taft

Waiting for the turnaround

RESULTS Continued poor returns from the chemical tanker sector have held back profits at Stolt-Nielsen, and indications for the rest of the year are little brighter

Niels G Stolt-Nielsen, CEO of Stolt-Nielsen
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