TOP Ships Announces Reverse Stock Split
TOP Ships, an international ship-owning company, announced that it has determined to effect a 1-for-20 reverse stock split of the Company’s issued common shares.
Navios Acquisition reduces losses in second quarter
Navios Acquisition, an owner and operator of tanker vessels, reported its financial results for the second quarter and six months ended June 30, 2019.
Seadrill posts $206M loss in 2Q
Seadrill posted a net loss of $206 million in the second quarter of 2019, compared to a net loss of $432 million in the second quarter of 2018.
Top Stories
October 8, 2014
Fearnleys Weekly Report [w34]
The VLCC market has gone from strength to strength the last week, culminating at the…
October 8, 2014
Maran Gas Orders LNG Carrier at DSME
Daewoo Shipbuilding & Marine Engineering has secured another LNG carrier order from Maran Gas Maritime.…
October 8, 2014
Region-Wide Gulf of Mexico Lease Sale Draws $159.4
A major auction of oil and gas leases in the U.S. Gulf of Mexico on…
October 8, 2014
ZIM Posts Profit in 2nd Quarter
The container shipping industry is dynamic and volatile and has been marked in recent years…
October 8, 2014
Ship Finance to Install Scrubbers on 7 Boxships
Ship Finance International has reached an agreement to install exhaust gas cleaning systems (EGCS) on…
October 8, 2014
Qatar Petroleum signs condensates deal with Exxon in
Qatar Petroleum concluded a five-year agreement to supply condensate feedstock to ExxonMobil Trading Asia Pacific…
Editor’s Picks
August 22, 2019
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Maran Gas Orders LNG Carrier at DSME
Daewoo Shipbuilding & Marine Engineering has secured another LNG carrier…
August 22, 2019
TOP Ships Announces Reverse Stock Split
TOP Ships, an international ship-owning company, announced that it has…
August 22, 2019
Navios Acquisition reduces losses in second quarter
Navios Acquisition, an owner and operator of tanker vessels, reported…
August 20, 2019
DryShips Enters Into Definitive Merger Agreement with SPII Holdings
DryShips announced that it had entered into an Agreement and…
Finance & Economy
October 8, 2014
TOP Ships Announces Reverse Stock Split
TOP Ships, an international ship-owning company, announced that it has determined to effect a 1-for-20…
October 8, 2014
ZIM Posts Profit in 2nd Quarter
The container shipping industry is dynamic and volatile and has been marked in recent years…
October 8, 2014
Navios Acquisition reduces losses in second quarter
Navios Acquisition, an owner and operator of tanker vessels, reported its financial results for the…
October 8, 2014
Seadrill posts $206M loss in 2Q
Seadrill posted a net loss of $206 million in the second quarter of 2019, compared…
October 8, 2014
Golden Ocean buys back more shares
Golden Ocean announced that the Company has, on August 19, 2019 purchased 25,000 of the…
Shipping News
October 8, 2014
Qatar Petroleum signs condensates deal with Exxon in
Qatar Petroleum concluded a five-year agreement to supply condensate feedstock to ExxonMobil Trading Asia Pacific…
October 8, 2014
Indonesia Says it Will Enforce IMO 2020 Fuel
Indonesian-flagged ships will comply with new low-sulphur fuel rules that start next year, the country’s…
October 8, 2014
Shipping firms brace for fuel price hike
The price of ship fuel is expected to rise by 20 to 25 percent from…
October 8, 2014
Dirty Fuel Margins Plunge as IMO 2020 Looms
Margins for European high sulphur fuel oil (HSFO), used to power ships, sank this week…
October 8, 2014
Eagle Bulk Establishes New European Office in Copenhagen
Eagle Bulk Shipping has decided to establish a new commercial office in Copenhagen, relocating from…
Ports
October 8, 2014
U.S. Container Ports Report Surprising Growth Despite Tariffs
Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly…
October 8, 2014
Cosco to expand Piraeus port by building fourth
Cosco, the operator of Piraeus port, plans to build a fourth cargo pier, expanding its…
October 8, 2014
APM Terminals Yucatan to expand and modernise Progreso
APM Terminals Yucatán, operator of the Port of Progreso, Mexico, has announced a significant investment…
October 8, 2014
Port of Rotterdam: New Container Throughput Record
The port of Rotterdam achieved throughput of 240.7 million tonnes in the first six months…
October 8, 2014
Drewry Sees DP World's Traffic Jarred by Politics,
U.S. sanctions against Iran and competition from Abu Dhabi are reducing traffic at DP World…
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