Azimuth Shipping Lines Limited

TORM said on Monday it has entered into an agreement to purchase eight MR product tankers with chemical trading capabilities from TEAM Tankers in a partly share-based transaction.The deal, which includes a total cash consideration of $82.5 million and the issuance of 5.97 million shares, will increase TORM’s total fleet to 83 vessels.The eight vessels are all built at the Croatian shipyard Brodotrogir from 2007 through 2012, and six of them have specialized cargo tank configurations and extended tank segregations (IMO 2), allowing for enhanced trading flexibility through chemical trading options, while still being able to work integrated in the existing One TORM operational platform.

As the maritime industry steams toward decarbonization, the path to zero emissions will include many stepping stones. Wärtsilä’s Compact Reliq is a step change in efficiently reliquefying boil off gas (BOG) on LNG carriers, as Lasse Wichstrøm and Sylvain Fabreguettes discuss with Maritime Reporter TV.LNG carriers have, for years, utilized boil off gas (BOG) to help fuel the ship, even before ‘decarbonization’ and ‘emission reduction’ became lexicon in the maritime sector.“Compact Reliq is not a brand-new product in the sense that reliquefaction plants have been around for some time,” said Sylvian Fabrequettes, Product Line Manager LNGC Systems, Wärtsilä Gas Solutions.

An Israeli-owned ship hit by an explosion in the Gulf of Oman strategic waterway has arrived at a port in Dubai, where is it is due to be assessed in dry dock.The MV Helios Ray, a vehicle-carrier ship, was hit overnight between Thursday and Friday by a blast above the water line that a U.S. defence official said ripped holes in both sides of its hull.Israel’s defense minister on Saturday said that an initial assessment had found that Iran was responsible for the explosion. There was no immediate comment from Iranian officials.The blue and white ship is now berthed in Dubai’s Port Rashid, having sailed from its position off the coast of Omani capital Muscat, where the explosion occurred.

The Los Angeles Pilot Service has taken delivery of two new pilot boats equipped with full suites of quality Furuno marine electronics. The 56-foot Angels Pilot and Angels Navigator have been outfitted with complete integrated helm suites designed to assist in their mission of piloting ships in and out of Los Angeles Harbor, the busiest seaport in the western hemisphere. The pair of Camarc-designed boats were built by Vigor Industrial in Vancouver, Wash., and have made their way to their homeport in Los Angeles.

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) and Ship Data Center Co., Ltd. (ShipDC) have agreed to share the data of about 180 MOL’s ships in operation targeted for MOL’s Fleet Optimal Control Unified System (FOCUS) Project through Internet of Ships Open Platform (IoS-OP), the ship IoT data sharing platform promoted by ShipDC.By analyzing the data collected by more than 10,000 sensing items from vessels, engines, cargoes, sea weather and so on at a high frequency (one-minute intervals)