Green Marine
AISSOT Ends Charters for 6 VLCCs with Capital Ship Management
AISSOT has terminated the bareboat charters for six vessels owned by Capital Ship Management.
Stolt-Nielsen Cancels Dividend for 2019 amid COVID-19 Uncertainties
Stolt-Nielsen BoD voted to withdraw the recommendation of a final dividend for 2019.
Navigator Holdings, Partners Form Gas Carrier Pool
Navigator Holdings, Pacific Gas and Greater Bay Gas have formed a new shipping pool, the Luna Pool.
Anders Onarheim Remains CEO of BW LPG
Anders Onarheim will continue as CEO of the LPG shipping company BW LPG.
VLCC Volatility Brings Record USD 410K Fixture
VLCC fixed for USD 411.89K per day.
Stena Line to Axe 950 Jobs in Response to Coronavirus Impact
Stena Line has unveiled its plans to lay off 950 workers in Sweden.
Frontline Wraps Up Acquisition of 10 Suezmaxes from Trafigura
Frontline has closed the acquisition of 10 Suezmax tankers from Trafigura Maritime Logistics.
European Ferry Companies Cease Sailings on Several Routes
As the coronavirus pandemic continues to spread in Europe, ferry companies start suspending services.
Container Lines May Lose 17 Mn TEU in 2020 due to Coronavirus
The container shipping industry might be looking at developments similar to the financial crisis of 2008.
Coronavirus Nightmare for Cruise Operators Continues as Ports Ban Cruise Ship Calls
Port authorities are starting to suspend cruise ship calls to curb the spread of COVID-19.
Braemar Heads for Bahamas after 5 People on board Test Positive for Coronavirus
Five people on board the Braemar cruise ship tested positive for Coronavirus.
Sovcomflot Reports Strong 2019 Earnings
Russian shipping major Sovcomflot (SCF Group) managed to return to profit in 2019 – the first year of implementation of the company’s new strategy. The company reported a net profit of USD 225.4 million in 2019, compared to a net loss of USD 45.6 million seen a year earlier. Revenues rose by 9.6 per
US Treasury Blacklists Another Rosneft Subsidiary over Venezuela Dealings
OFAC designated TNK Trading International S.A., a Geneva-based subsidiary of Rosneft.
Princess Cruises Halts Global Operations for 2 Months in Response to Coronavirus Impact
Princess Cruises will pause global operations of its 18 cruise ships for two months.