Euronav upbeat on oil demand, prospects post-storage boom
Leading tanker operator Euronav is well positioned for the aftermath of the floating storage boom regardless of the pace of change in oil on water, with cyclicality an important feature of growth given the need for consolidation in the industry, CEO Hugo de Stoop told S&P Global Platts in an interview.
Stable LNG Cash Flows To Boost Teekay Corporation’s Q2 Results
Teekay Corporation reported results for the first quarter ended March 31, 2020.
Royal Caribbean, Norwegian Cruise extend trip suspensions to July 31
Royal Caribbean Cruises Ltd and Norwegian Cruise Line Holdings Ltd on Wednesday extended the suspension of voyages by another month until July 31 amid sailing curbs imposed to check the spread of the coronavirus.
Top Stories
October 8, 2014
DSME wins LNG FSRU contract
Daewoo Shipbuilding & Marine Engineering (DSME) has secured a contract to build a floating storage…
October 8, 2014
Hyundai Heavy to build two scrubber-fitted VLCCs
Hyundai Heavy Industries (HHI) Group has received an order for the construction of two 300,000-ton…
October 8, 2014
Oil Rally Continues as Output Cuts Hit Supply
Oil posted its longest streak of gains in more than a year, buoyed by output…
October 8, 2014
Bahri puts LNG tanker plan on hold –
Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12…
October 8, 2014
Piraeus port, COSCO Shipping donate sanitary material to
The Greek government and local mayors of municipalities in western Athens welcomed on Wednesday a…
October 8, 2014
Trade tensions to dampen Chinese shipping demand for
Chinese dry bulk demand for Australian coal is expected to weaken as end-users cancel or…
Editor’s Picks
May 21, 2020
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Eagle Bulk Issues ESG Sustainability Report
Eagle Bulk, one of the world’s largest owner-operators within the…
May 20, 2020
TOP Ships Announces Pricing of Additional $7.0 Million Common Shares Registered Direct Offering
TOP Ships announced that it has entered into a placement…
May 19, 2020
EuroDry posts Q1 loss due to Covid-19 "dramatic effects"
EuroDry, an owner and operator of drybulk vessels and provider…
May 19, 2020
Danaos Corporation Reports First Quarter Results
Danaos, one of the world's largest independent owners of containerships,…
Finance & Economy
October 8, 2014
Stable LNG Cash Flows To Boost Teekay Corporation’s
Teekay Corporation reported results for the first quarter ended March 31, 2020. These results include…
October 8, 2014
Eagle Bulk Issues ESG Sustainability Report
Eagle Bulk, one of the world’s largest owner-operators within the Supramax / Ultramax segment, announced…
October 8, 2014
Frontline Reports Best First Quarter Results in 12
Frontline reported unaudited results for the three months ended March 31, 2020. Highlights • Net…
October 8, 2014
TOP Ships Announces Pricing of Additional $7.0 Million
TOP Ships announced that it has entered into a placement agency agreement with Maxim Group…
October 8, 2014
EuroDry posts Q1 loss due to Covid-19 "dramatic
EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk…
Shipping News
October 8, 2014
Royal Caribbean, Norwegian Cruise extend trip suspensions to
Royal Caribbean Cruises Ltd and Norwegian Cruise Line Holdings Ltd on Wednesday extended the suspension…
October 8, 2014
Australia: LNG fuel incentives aim for job creation
The Pilbara’s natural gas stores are under a new spotlight, with the State Government pushing…
October 8, 2014
Move to IMO’s HSFO carriage ban ‘very smooth’:
The transition to the International Maritime Organization’s HSFO carriage ban has been “very smooth” for…
October 8, 2014
China targets Australian barley, but what matters is
If China was looking to send a political message to Australia by effectively banning the…
October 8, 2014
Wärtsilä solutions chosen for first Japanese built LNG-fuelled
The technology group Wärtsilä will provide a complete LNG package, comprising the Wärtsilä 31DF engine,…
Ports
October 8, 2014
Piraeus port, COSCO Shipping donate sanitary material to
The Greek government and local mayors of municipalities in western Athens welcomed on Wednesday a…
October 8, 2014
UK Ports facing greater uncertainty due to COVID-19
Just 36% of UK ports feel confident about their business outlook over the next 12…
October 8, 2014
Workers at Latin America’s Biggest Port Are Starting
Brazilian port workers are starting to fall ill as the coronavirus pandemic reaches one of…
October 8, 2014
Port of Los Angeles Volumes Shrink
Cargo volume at the Port of Los Angeles is down 15.5% so far this year…
October 8, 2014
Cosco implements investments in Piraeus
Cosco, the owner of Piraeus Port Authority (OLP), achieved a positive result in the volume…
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