Green Marine
Drewry: Reefer Trade Growth to Push Freight Rates Up
Continued modal shift will sustain expansion in the containerised reefer trade, supporting freight rate development.
DIS Bags Another Sale and Leaseback Deal for MR Tanker
d’Amico International Shipping inks sale and leaseback deal for another medium-range product tanker.
Moody’s Upgrades DP World’s Ratings, Outlook Stable
DP World’s long-term issuer rating has been upgraded to Baa1 from Baa2, Moody’s rating agency said.
Star Bulk Secures USD 80 Mn Refinancing
Star Bulk Carriers unveiled an agreement for a new loan of USD 80 million.
Gothia Tanker Alliance Adds Second New Chemical Tanker
The second of six chemical tankers ordered by the Gothia Tanker Alliance has been delivered to its owner.
Search Locates 37 YM Efficiency Boxes off Newcastle
Search located 37 containers, which fell from YM Efficiency, off the coast of Newcastle. 42 boxes still missing.
Terminal Start-Up Costs Put Pressure on ICTSI’s Income
ICTSI’s net income dropped in 1H 2018 due to the start-up costs of new terminals in Papua New Guinea and Australia.
Eagle Bulk Delivers Profit as Drybulk Market Improves
Improvement in the drybulk market pushed Eagle Bulk Shipping to profit in the quarter ended June 30.
Arkon Shipping, Partners Establish New Chartering JV
Arkon Shipping has teamed up with its compatriots to form Arkon Allied Container (AAC).
MSI: Container Charter Earnings Level Off in July
MSI: July saw a modest realignment between container shipping’s charter and freight markets.
ABS, Arcadia Shipmangement Reach Deal Related to 15 Tankers
Arcadia Shipmanagement and ABS have reached a deal related to a 15-tanker strong fleet.
Maersk Lowers Profit Forecast amid Increasing Uncertainties
A.P. Møller – Mærsk A/S has downgraded its profit guidance for 2018 amid growing uncertainties on the market.
Odfjell COO: We Will Compensate for Bow Jubail Oil Spill Losses in Full
Odfjell said it would compensate for documented losses from the Jubail Bow oil spill up to the maximum legal liability.
Boxship, LPG Tanker Damaged in Collision off Gibraltar
MAIB: Containership ANL Wyong and LPG tanker King Arthur suffered damage in a collision off Gibraltar.