Petrobras has placed a $427 million order with the Estaleiro Rio Grande shipyard to build four medium-range oil tankers.
Petrobras Transporte (Transpetro) signed the deal...
Y/KNOT Invest is entering the tanker market, implementing an investment plan it presented during a recent successful IPO.
Specifically, the company announced the acquisition of...
Oaktree Capital Management, a US private equity firm, is planning to further decrease its ownership in Danish product tanker operator Torm. According to a...
Eastern Pacific Shipping (EPS) is marking its strategic exit from the chemical tanker segment through a combined en-bloc transaction with Ace Tankers and Womar...
Capital Tankers Corp., an international shipping company focused on crude oil transportation, today announced the acquisition from Capital Maritime & Trading Corp. of three...
BIMCO has commenced work on the development of a standard contractual clause to address new EU requirements applicable to tanker sale and purchase transactions.
The...
DHT Holdings, Inc. announced that it has entered into a new $250 million reducing revolving credit facility.
The Facility has a seven-year tenor and bears...
Eastern Pacific Shipping (EPS) and Champion Tankers announce the launch of a new IMO II Medium Range (MR) tanker pool, bringing together eight high-quality...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...