Green Marine
Diana Containerships Sells Panamax Duo
Diana Containerships has signed agreements for the sale of its 2010-built containership duo.
Fitch Ratings: Lack of Capacity Discipline Jeopardizing Container Shipping’s Recovery
Sustaining last year’s improved profitability in 2018 may prove challenging for container shipping companies.
Danish Energy Agency Clears Maersk Oil Sale
The Danish Energy Agency has approved Maersk’s sale of its oil business.
Golar LNG to Reactivate Gandria from Layup
Golar LNG has decided to reactivate its LNG carrier Gandria from layup.
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.
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.
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.
HSH Nordabank Sold
Sale of German shipping lender HSH Nordbank finalized.
Merger with UASC Drives Hapag-Lloyd’s Profit Surge
Hapag-Lloyd has started to reap fruit from its merger with the United Arab Shipping Company.