Green Marine
New Terminals Drag Down ICTSI’s Q1 Profit
Philippine-based terminal operator ICTSI reported a lower profit in the first quarter of 2018.
Epic Gas Buys, Leases Back LPG Trio
Epic Gas has exercised purchase options for three LPG vessels, the company said announcing its first-quarter results.
COSCO Shipping Dismisses Another Dormant Business
COSCO Shipping International (Singapore) has decided to dissolve another dormant subsidiary, namely Sanbo Shipping.
Wilh. Wilhelmsen’s Profit Jumps despite Challenging Markets
Wilh. Wilhelmsen Holding ASA saw slight improvement in top line in the first quarter, despite challenging markets.
US Sanctions on Iran Bringing More Uncertainty to Pressured Tanker Market
New sanctions against Iran by the U.S. create an unnecessary extra uncertainty for the tanker market.
Guatemala, US Officials Find 3 Tons of Cocaine on Boxship
Up to 3 tons of cocaine was found in false-bottomed compartments aboard the containership Tiamat.
SMT Shipping, CSL Set Up Cement Shipping JV
CSL Group, SMT Shipping establish a global cement shipping joint venture.
DryShips Pens Sale and Leaseback Deal for Six Bulkers
Greek shipowner DryShips signed sale and leaseback agreements for six bulkers with Chinese lenders.
FSL Trust Eyes Refinancing for Tanker Duo
FSL Trust Management is to secure refinancing for FSL Trust’s two chemical tankers, FSL New York and FSL London.
BIMCO: Trade War Would Hurt the Fronthaul Transpacific Leg
BIMCO: A trade war would see container shipping industry’s volumes drop on the China into the US transpacific voyage.
Euroseas Spinning Off Its Drybulk Fleet
Euroseas has spun off its drybulk fleet into a separate company.
Yamal LNG Ships Two Million Tons of LNG
OAO Yamal LNG has shipped two million tons of liquefied natural gas produced at its first LNG train.
Hapag-Lloyd’s Boxship Hits Three Ferries in Port of Santos
Hapag-Lloyd’s Neopanamax boxship Santos Express collided with three ferries while entering the Port of Santos.
Sewol to Be Uprighted after a Year in Port
Sewol wreck will be moved in an upright position after laying on its side for over a year in the Port of Mokpo.