PGT Builds Out Operating Management - Appointing Richard Oliver as CFO - to Support of Ramping Production of ENVI-Marine Systems

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 by Mr. Oliver.

Why Marine Exhaust Scrubbers Are Cheaper Than LNG Conversion

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.

What IS Happening To The Oil Price And How Does It Affect The Shipping Industry?

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 mitigate this deficit, Saudi Arabia agreed to increase production. However, the embargo never happened, and the US change of tack and the resultant oversupply incensed Saudi Arabia and prices collapsed.

Will There Be A Low Sulphur Fuel Oil Crisis In 2020?

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.

Not Sure if You Need to Retrofit an Exhaust Gas Scrubber? Here’s Why You Should

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.

Fitting Exhaust Gas Scrubbers In Time For 2020 – Has That Ship Sailed?

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 executes agreements totalling an estimated $79.6m to supply its ENVI-Marine system for 52 vessels owned or managed by Scorpio Tankers Inc. And has granted options to supply up to a further 28 vessels

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.

Pacific Green executes agreements totalling an estimated $42.4M to supply its ENVI-Marine system for 28 vessels owned or managed by Scorpio Bulkers Inc. And has granted options to supply up to a further 18 vessels

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.

Pacific Green executes USD$17.9m agreement to install its ENVI-Marine™ System on six vessels owned by Ridgebury Holdings LLC

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 executes USD$9.24M agreement to install its ENVI-Marine™ System on three vessels owned by Landbridge Group

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.