February 19, 2019
The corporate family rating (CFR) of German shipping major Hapag-Lloyd has been upgraded to B1 from B2, according to ratings agency Moody’s. (more…)
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February 18, 2019
TEN, Ltd announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to...
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February 18, 2019
Cyprus has witnessed a significant 21% increase in the number of companies operating in the shipping sector since the establishment of a Shipping Ministry a...
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February 15, 2019
GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, reported its financial results for the quarter and...
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February 14, 2019
Shipping company Scorpio Tankers expects 62 of its vessels to be fitted with emissions-cleaning scrubber systems in time for the International Maritime Organization’s lower marine...
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February 14, 2019
The Singapore Exchange said Wednesday that lower sulfur requirements for bunker fuel from 2020 may lead to a squeeze in FOB price differentials between 62%...
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February 13, 2019
Samsung Heavy Industries turned down an offer to take over rival shipbuilder Daewoo Shipbuilding & Marine Engineering, the top shareholder of Daewoo said on Tuesday....
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February 13, 2019
Hyundai Heavy Industries Co., the world’s largest shipyard by sales, is set to buy its smaller local rival Daewoo Shipbuilding & Marine Engineering Co., the...
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February 12, 2019
Nordic American Tankers announced it has agreed a $306m loan with a US bank. (more…)
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February 12, 2019
Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the fourth quarter...
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February 12, 2019
The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of the North Adriatic Sea Port Authority, Pino Musolino, during a...
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February 11, 2019
The technology group Wärtsilä has signed an agreement with the international shipping company Hagland Shipping AS for a hybrid retrofit installation. (more…)
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February 11, 2019
Royal Boskalis Westminster N.V. (Boskalis) has signed an agreement with SAAM S.A. (SAAM) relating to the sale and purchase of the equity stake held by...
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February 11, 2019
Bahri, the national shipping company of Saudi Arabia, clarifies that its oil tanker ‘Abqaiq’ is in ballast condition with no cargo onboard and on her...
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February 8, 2019
First Ship Lease Trust (FSL Trust) said its sponsor and controlling unitholder FSL Holdings has agreed to extend a secured, interest-bearing bridging loan of up...
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