Navig8 Pride and Navig8 Providence are LR2 tankers built in 2018 and employed on long-term charters to subsidiaries of Navig8 Ltd. (“Navig8 Group”). The...
Samsung Heavy Industries Co. joined other Korean shipbuilding majors to overachieve its annual target by adding $1.7 billion deal to supply blocks, parts and...
OPEC+ compliance with oil cuts fell slightly to 115% in September, sources said, indicating that as the alliance raises production targets, some members are...
Rio Tinto Chief Executive Jakob Stausholm, said: “The third quarter has demonstrated the resilience of our people in dealing with ongoing COVID-19 challenges. It...
An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2 million barrels of heavy crude provided by state-run oil...
Trafigura, a market leader in the global commodities industry, released its 2023 Interim Report today for the six-month period ended 31 March 2023.
The results...
Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2023.
Revenue
$8.6 million...
Frontline plc reported unaudited results for the three months ended March 31, 2023:
Highlights
Highest first quarter profit since 2008 of $199.6 million, or $0.90 per...
Diana Shipping reported net income of $22.7 million and net income attributed to common stockholders of $21.3 million for the first quarter of 2023....
APM Terminals has reached an agreement with the Port of Kalundborg to extend the concession of Kalundborg container terminal by 10 years to 2033.
In...
The employers of more than 22,000 dock workers at U.S. West Coast seaports on Friday said the union representing those laborers “is staging concerted...
DP World has completed the AED954 million ($259.78 million) Centerm expansion project, increasing container throughput at the Port of Vancouver by 60 percent.
The terminal...
