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A2Sea suffers multi-million dollar deficit in 2015

Offshore carrier A2Sea delivered a million dollar deficit in 2015, a big setback from 2014. The decline in the value of cable unit CT Offshore is one of the reasons behind the bad news, says management in the financial report. CT Offshore will now be liquidated.

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Analyst casts doubts on product carriers' 2020 hopes

Shipowners and analysts project solid demand growth for product tanker ahead of the new global sulfur regulations in 2020. But many elements remain uncertain, and there is a lack of concrete data, renowned analyst tells ShippingWatch.

K Line hedging its bets ahead of global sulfur cap

In a new report, K Line CEO Elzo Murakami points to various ways in which the Japanese shipping company plans to comply with the 2020 sulfur cap. The company was recently projected to be among the weaker players in terms of competition by that date.

China considers ban on open-loop scrubbers

It is far from certain that open-loop scrubbers will be approved in China once the country imposes stricter sulfur regulations from next year. Meanwhile, a large, German shipping company has just invested in open-loop scrubbers, which have faced harsh criticism in the industry.

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