With the clock fast ticking down to the implementation of the International Maritime Organisation’s (IMO’s) 2020 sulphur (sulfur) emissions cap, ship operators are under extreme pressure to choose an affordable compliance solution.

PGT today announced the appointment of Richard Oliver as Chief Financial Officer, a new position at the Company, effective May 24, 2019. Prior to the start of Mr. Oliver’s employment, the Company’s CEO Neil Carmichael has served as Principal Financial Officer and Principal Accounting Officer, which roles will be assumed...

French shipping line CMA CGM's recent purchases prove there is an obvious winner of the exhaust gas scrubber vs LNG conversion debate in deciding how best to meet the IMO’s 2020 SOx cap.

Oil oversupply and demand worries, as well as recent political unrest have reintroduced both volatility and worries to the oil market (The Week).

In October 2018, oil prices were at a four-year high, but a US embargo on Iran and a resultant shortfall in oil was imminent. To...

For many, memories of the horrific financial crash of 2008 are still raw. However, 2018 forecasts indicate that immediate drastic action is required to avoid such a calamity reoccurring in 2020.

The history of human commerce is littered with warnings about following the herd. One need only look as far back as the most recent stock crash to find evidence of the calamities that ensue when humans panic and act more like lemmings than rational beings.

It's the start of a new year, but the next 12 months are going to move quickly for shipowners who have not yet decided how they are going to meet the International Maritime Organisation’s (IMO’s) 2020 low sulphur deadline. Do they, or do they not, fit exhaust scrubber systems?

PGT is pleased to announce that its wholly owned subsidiary, Pacific Green Marine Technologies Inc. (PGMT), has executed an agreement to manufacture its System for 52 vessels owned or managed by SCORPIO TANKERS INC.

PGT is pleased to announce that its wholly owned subsidiary, Pacific Green Marine Technologies Inc. (PGMT), has executed an agreement to manufacture its System for 28 vessels owned or managed by SCORPIO BULKERS INC.

PGT is pleased to announce that its wholly owned subsidiary, Pacific Green Marine Technologies Inc. (PGMT), has executed an agreement for US$17.9m to manufacture and install ENVI-Marine™ Systems on six vessels owned by Ridgebury Holdings LLC.

Pacific Green Technologies is pleased to announce it has executed an agreement to manufacture and install its ENVI-Marine™ System on three VLCC type vessels owned by Landbridge Group Co. Ltd.

Pacific Green Technologies Inc through its wholly owned subsidiary, Pacific Green Marine Technologies Inc. ("PGMT"), has executed a sale and purchase agreement dated September 10, 2018 with Union Maritime Limited ("Union") pursuant to which PGTM will manufacture and install its ENVI-MarineTM System on up to sixteen vessels between now and...

Norway’s DNB Markets has published an in-depth report on scrubber uptake across the shipping industry and is forecasting the technology add-on to vessels is a good investment and should pay back in less than 18 months after the global sulphur cap kicks in on January 1, 2020.