Green Marine
Two MC-Class Wide Deck Carriers Join BigLift
BigLift Shipping has expanded its fleet with two MC-Class carriers, BigLift Barentsz and BigLift Baffin.
Report: Indonesia Delays New Shipping Rules
The Indonesian government has reportedly decided to postpone the implementation of its new shipping law.
Favourable Dry Bulk Market Leads Pacific Basin to Profit
An improvement in dry bulk market conditions pushed Pacific Basin into the black during 2017.
Tanker Owners to Benefit from High Scrapping, Market Consolidation
High scrapping and market consolidation are expected to contribute to better returns for tanker owners.
Ocean Yield Collects USD 95 Mn to Invest in More Ships
Ocean Yield has raised USD 95.8 million in net proceeds from a private placement.
Star Bulk in Debt Refinancing Drive
Star Bulk Carriers has received two separate commitments from banks for refinancing of loan facilities.
ACCC to Conditionally OK Carnival-Brisbane Cruise Terminal Deal
ACCC is proposing to allow a deal between the Port of Brisbane and Carnival to build a cruise terminal.
Pyxis Tankers Refinances USD 26.9 Mn of Loans
Pyxis Tankers has refinanced USD 26.9 million of outstanding loans on three of its product tankers.
Pirates Wound Two Guards, Take Two Crew Hostage off Benin
Luxembourg-flagged product-chemical tanker attacked by pirates while anchored in the Bay of Cotonou.
Bahri Sees Profit Drop in 2017
Bahri reports a net income of SAR 800.3 million in 2017, down by 53.4% from the previous year’s SAR 1.7 billion.
Prime Tanker Management Buys FSL Trust Stake from HSH Nordbank
Godan sells its shares in FSL Holdings to Prime Shareholdings, part of Prime Tanker Management.
Drewry: Recovery on the Horizon for VLGC Owners
A slowdown in fleet growth is expected to push the VLGC sector into recovery, according to Drewry.
Team Tankers Pens USD 206 Mn Acquisition Deal
Team Tankers inks deal to acquire all outstanding shares in Laurin Shipping and Anglo-Atlantic Steamship Company.
MISC Berhad Adds Its Fourth Moss-Type LNG Carrier
MISC Berhad took delivery of the fourth Moss-type LNG carriers, the Seri Camar, on February 28.