Sembcorp Industries (Sembcorp) posted a Group net profit of S$301 million for full year 2020 (FY2020).
It is excluding exceptional items and the discontinued Marine business, compared to S$456 million in FY2019.
Including the Marine business and exceptional items, the Group...
Cido sold five bulkers in the last three weeks, shaving off most of its panamax arm, and a supramax, reports Splash 247.
Signals shrinking
The 70-ship strong outfit has shown signs that it wants to shrink its exposure to the bulker...
Diana Shipping Inc., has announced that its Board of Directors has approved a series of senior management appointments.
It is intended to provide for an orderly succession and to ensure the continued sound strategic management of the Company.
...
Spot bunker fuel prices were impacted by winter weather in the US Gulf Coast during the week of Feb. 15-19, leading to rises in some ports in the Americas, such as Balboa, and slight changes in others, says an...
KSOE extended Korea’s winning streak in tankers by adding 540 billion won ($489 million) in new orders, says a press release published on their website.
VLCC newbuildings
The shipbuilding holding entity of South Korea’s Hyundai Heavy Industries Group in a regulatory...
A strategic partnership to enable competitive and transparent pricing and improved customer service.
Goal is to procure bunker fuel for the combined fleet of over 900 vessels.
Maersk Tankers will add around 220 product tankers to Cargill’s 70...
GasLog Ltd. announced plan of merger with BlackRock’s Global Energy & Power Infrastructure team, which is focused on essential, long-term infrastructure investments in the energy and power sector.
Under the Merger, GEPIF will acquire all of the outstanding...
Diana Shipping Inc., in their website, has reported the financial Results for the fourth quarter of the previous year.
Net loss of $7.4 million!
The company incurred a net loss of $7.4 million and net loss attributed to common stockholders of...
Pancon Line said the new ship will help the company expand its service offerings in the Southeast Asia market.
The vessel will adopt the Bangkok Max design, and delivery is scheduled in the first quarter of 2022.
According to...
Chinese feeder boxship operator Zhonggu Logistics has finalised orders for its recently announced newbuilding program of eighteen 4,600 teu boxships by ordering the last eight ships at China Merchants Jinling Shipyard, reports Lloyd's List.
Option for two more ships
Earlier this...
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