According to industry sources, Hyundai Heavy Industries will build two large crude carriers by the end of 2018 under the deal with Greek shipping company Enesel.
Details of the deal were not revealed.
Enesel orders two large crude carriers at HHI
Finance & Economy
February 22, 2017
Diana Shipping Reports Q4 Loss
Diana Shipping reported net loss of $14.0 million and net loss attributed to common stockholders…
February 22, 2017
Stealthgas returns to profit
Stealthgas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international…
February 22, 2017
Piraeus Bank: Strategic Collaboration With ORIX Corporation
Following Piraeus Bank’s corporate announcement on 12 July 2019 that it was exploring a potential…
February 22, 2017
A.P. Moller - Maersk posts 14% EBITDA increase
A.P. Moller – Maersk improved earnings and free cash flow in 2019, despite weaker market…
February 22, 2017
Euroseas posts $0.93m loss amid higher expenses
Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for…
Shipping News
February 22, 2017
Global shipping holds its breath as the coronavirus
The outbreak of the novel coronavirus, recently dubbed COVID-19, continues to generate massive economic and…
February 22, 2017
Shipping Industry Faces $370 Million Hit from Panama
A new “freshwater” charge that came in this month to help the Panama Canal cope…
February 22, 2017
Coronavirus Could Pose Threat to Cruise Ship Credit
The impact on cruise companies’ earnings from canceled trips, steep discounts and ships quarantined over…
February 22, 2017
Global Shipping’s ‘Perfect Storm’ to Pass, Veteran CEO
The global shipping industry has run into very rough waters in 2020 as the virus…
February 22, 2017
Piraeus Bank: Strategic Collaboration With ORIX Corporation
Following Piraeus Bank’s corporate announcement on 12 July 2019 that it was exploring a potential…
Ports
February 22, 2017
Port Authority announces higher turnover, profits
The Piraeus Port Authority (PPA) announced an increase in both turnover and profits for 2019,…
February 22, 2017
Citi, Deutsche start talks to sell $9 bln
Citi and Deutsche Bank have started talks with other banks to sell roughly $9 billion…
February 22, 2017
Tripoli government suspends Libya talks after Haftar attacks
Libya’s internationally recognized government on Tuesday suspended talks hosted by the United Nations to halt…
February 22, 2017
Port of Rotterdam: Higher throughput in 2019
The Port of Rotterdam saw a freight throughput of 469.4 million tonnes in 2019, fractionally…
February 22, 2017
Global Ports Vulnerable to Coronavirus-Related Volume Declines
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which…
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