Green Marine
DHT Holdings Raises Fresh Funds, Agrees Convertibles Deal
DHT Holdings agreed to exchange existing convertible notes due 2019 and entered into private placement contracts.
Maersk to Spin Off Drilling Unit as It Focuses on Transport
Maersk is to list Maersk Drilling as a standalone company in an effort to focus on transport and logistics.
Team Tankers Bounces Back to Profit in Q2
After posting financial losses, Team Tankers returned to profitability in Q2 2018.
Maersk’s Revenue Grows in a Challenged Market
Maersk delivered revenue growth as profitability remained at unsatisfactory levels in the second quarter of 2018.
Diana Shipping Secures Work for Panamax Bulker
Diana Shipping signed a charter deal for its Panamax bulker Coronis with CJ International Italy SPA.
Boskalis Makes Partial Exit from Heavy Lift Business
Boskalis plans to partially exit from its heavy lift business after it suffered huge financial losses in H1 2018.
TORM’s Newbuildings to Feature Scrubbers
TORM unveiled plans to install scrubbers on 14 of its vessels in an effort to prepare for the 2020 sulfur cap.
Maersk AHTS to Install First Offshore Cleaning System
Maersk is providing support to The Ocean Cleanup by installing a pilot clean-up system in the Pacific.
DS Research: Container Handling Capacity to Rise by 260 Mn TEU in Five Years
Container handling capacity is projected to increase by 260 million TEU until 2023, developing more in line with demand.
DP World’s Earnings Grow amid Upswing in Global Trade
DP World: Global trade sees upswing as geopolitical headwinds continue to pose uncertainty for the container market.
Genco Receives Two Capesize Bulkers, Signs USD 180 Mn Credit Facility
Genco Shipping & Trading Limited takes delivery of two Capezise vessels and inks a five-year credit facility.
Vard to Build Autonomous Boxship for YARA
Vard is to construct an autonomous and electric-driven container vessel for Norway’s YARA.
DryShips Agrees to Sell One of Its Panamaxes
DryShips reached an agreement to sell one of its 2001-built Panamax drybulk carrier.
Norden Chooses Scrubbers for Up to 31 Vessels
Norden unveiled its intentions to install scrubbers on up to 31 owned and chartered vessels.