Tms News

Anschütz has successfully delivered and commissioned its SYNAPSIS Integrated Navigation System (INS) on the first newbuild tanker constructed for German Tanker Shipping GmbH & Co.KG at Xiamen Shipbuilding Industry Co., Ltd (XSI).TMS Seadevil, handed over in January, is the lead vessel in a program of six modern 41,000 dwt oil and chemical tankers for global deployment and demanding commercial operations. The tankers are designed to support safe navigation in restricted waters, precise maneuvering in ports and terminals and reliable global operations under varying environmental conditions.

Three Greek-managed oil tankers were hit by unidentified drones in the Black Sea on Tuesday as they were on their way to load crude at a terminal on Russia's coast, sources told Reuters.The attacks come as Kazakhstan's oil production, most of which is exported via the terminal, cratered in early January.It was not immediately clear who was behind Tuesday's strikes. Ukraine did not immediately comment. The Caspian Pipeline Consortium, which operates the terminal where the tankers were due to take on board cargoes…

Consilium Safety Group and Hyundai Heavy Industries have signed an agreement to explore the use of AI-powered cameras in certified fire alarm systems on ships.The memorandum of understanding (MoU) between the companies centers on Hyundai’s HiCAMS technology, which uses cameras to identify smoke and flames.While camera-based detection is emerging in other industries, this initiative is among the first to target marine applications directly.A pilot test is already underway on the test vessel Sawasdee Sunrise in Korea…

Technology group Wärtsilä and TMS Cardiff Gas have renewed their existing Lifecycle Agreement, covering the two-stroke main engines onboard seven LNG Carrier vessels, for a further five years.The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimizing time between overhauls (TBO).The seven vessels each operate with two WinGD 5X72DF dual-fuel two stroke engines and Wärtsilä gas valve units.The scope of the agreement includes Wärtsilä’s Dynamic Maintenance Planning service…

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, and the proposed deal is crucial to speed up decarbonisation through a bigger regulatory framework.The group - including some of the world's biggest…

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.Western countries have hit Russia with waves of sanctions over its war in Ukraine and the Group of Seven major powers has separately imposed a price cap of $60 a barrel on Moscow's oil exports…

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 explosion in the engine room, its Greece-based operator TMS said on Monday.According to initial assessments, a limpet mine was a likely cause of the blast, four maritime security sources said.A company rep

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.The vessel is now being towed to Greece where it is expected to arrive by July 2, it added.(Reuters - Reporting by Angeliki KoutantouEditing by Gareth Jones)

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. The event, held on Webb’s waterfront campus, marked a powerful moment for the graduating class and reaffirmed Webb’s place at the forefront of the resurgent U.S. maritime industry.“It is good to feel like being home despite not having studied here,” said Economou.

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.Purpose-built to meet the operational needs of offshore energy clients in Southeast Asia and the Middle East, TMS Tah…

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 above $60 per barrel at the port of loading.Most Western shipowners have refrained from working with Russian oil since December 2022 as relatively high oil prices kept Urals close to, or above, the price cap. Tankers managed by companies from countries that didn't join the price cap policy have been main shippers of Russian oil since then.In April…

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 addition of two more 42-meters vessels underscores the company’s commitment to fleet expansion and enhanced service capabilities in the Southeast Asian and in Middle east offshore energy sector.TMS…

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, gas carriers (LNG and LPG) and container vessels.The contract covers access to Ascenz Marorka’s comprehensive digital platform designed to optimize vessel performance…

ZIM Integrated Shipping Services Ltd. announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve across ZIM's various global trades.Seven of the vessels will be chartered to ZIM by Containers Ventures Holdings Inc., an affiliate of the TMS Group, and three will be chartered to ZIM by a shipping company that is affiliated with Kenon Holdings, Ltd., which was ZIM's largest shareholder until the end of 2024.

The CMA CGM Group has announced the winners of its first CMA CGM Startup Awards.The international competition, organized in partnership with BFM Business, La Tribune and ZEBOX, attracted over 400 entries from innovative startups. 60 finalists, including 34 French startups, were selected to present their projects. Among the finalists were five startups supported by ZEBOX, the international innovation gas pedal initiated by Rodolphe Saadé.The solutions presented, focusing on the shipping…

The latest high-tech rigid hull inflatable boat (RHIB) from Annapolis, Md. based boatbuilder Ocean Craft Marine (OCM), the 11.5-meter Offshore Interceptor, is the result of an innovation push involving some of the industry’s top players.“The design itself is an evolution of existing designs we've done, but taking it to the next level,” said Todd Salus, OCM vice president of operations. “It’s the latest and greatest innovation.”The company’s founder and CEO, Roy Nouhra, said the boat’s origins trace back a few years to a design OCM developed for a “very secretive organization” within the U.S.

Validation of voyage emissions data and contractual arrangements for allocation of EU ETS costs remain key challenges for Greek shipowners as they face an estimated total €335 million bill this year, potentially rising to €1bn once the regulation is fully implemented, according to OceanScore.Some 2,135 vessels owned or operated by around 400 Greek shipping companies are presently racking up liabilities under the EU Emissions Trading System (EU ETS) that will require them to surrender EU Allowances (EUAs) next year for GHG emissions incurred during 2024.Maritime data analytics firm OceanScore…

Singaporean aluminum boat builder Strategic Marine recently delivered TMS Ranod, the first of two Gen 4 Fast Crew Boats to growing Thai offshore services provider Truth Maritime Services (TMS). The pair of newbuild contracts were signed in 2023.Strategic Marine launched the 42m Gen 4 FCB design in collaboration with Southerly Designs, and the vessel comes with a highly efficient new hull form and Z-bow which improves seakeeping and requires less power for the same speed and deadweight tonnage…

Seatrium has secured a favored customer contract with TMS Cardiff Gas for the repair and upgrade of its LNG carriers. The contract includes the refit of 17 LNG carriers in Singapore, with responsibilities in joint planning, information and experience sharing.Alexandros Politis-Kalenteris, Deputy Chief Operating Officer, TMS Cardiff Gas, said, “The selection of Seatrium as our partner in Singapore aligns with our strategy to grow our LNG business in Asia. We have worked successfully with Seatrium on three LNG refits…

Normal traffic is expected to resume through the Suez Canal within hours, the head of the canal authority said on Wednesday, following the collision of two vessels."Slight contact" was made after LNG carrier BW Lesmes made a sudden stop due to a technical failure that coincided with a strong current that drove oil tanker Burri towards it, authority chairman Osama Rabie said.The canal authority responded by sending tugboats to move both ships, he said.Singapore-flagged BW Lesmes was successfully towed outside of the waterway…

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian connections.Most of the winners from the sanctions are based in China, India, Greece and the United Arab Emirates, at least 20 trading and banking sources said. A handful are partly owned by Russian companies.None of the firms is breaching sanctions, the sources told Reuters, but they have benefited from measures…

Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow's flagship Urals grade held below an international price cap, according to market sources and Eikon data.The Group of Seven nations (G7), Australia and the 27 European Union countries placed a price limit on Russian crude oil of $60 per barrel on Dec. 5.The cap allows non-EU countries to import seaborne Russian crude oil, but prohibits Western shipping and insurance companies from handling…

WinGD’s X72DF-2.1 engines will power 25 vessels as part of the QatarEnergy’s North Field East (NFE) project. The 50 dual-fuel engines feature the new on-engine configuration of WinGD’s intelligent control by exhaust recycling (iCER) was released in May 2022, designed to provide improved fuel efficiency in both gas and diesel modes and a 50% reduction in methane slip compared to the first-generation X-DF.One order as part of the Qatar NFE programme is for two 174,000-cbm LNG carriers to be built for TMS Cardiff Gas at Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).