Euronav Sees Positive Upshot Ahead of IMO 2020
The First quarter 2019 proved to be an unusual and largely resilient one for the large crude tanker sector.
Despite demand reduction and...
Global Ship Lease Sees Profits and Charter Coverage Rise
In a major development, Global Ship Lease (NYSE: GSL), a company that leases out mid-sized and smaller container ships, has reported improved earnings in...
Belships ASA Acquires Supramax Bulk Carrier for $12.0 Million
Belships ASA has agreed to acquire the 55,866 dwt bulk carrier M/V Sephora from Prospero Marine Ltd, a company controlled by Greek shipowner Elias...
What Sinking Ship Finance Means To Future Ocean Freight Markets?
Two key indicators of vessel finance – securities sales by U.S.-listed ship owners and global marine syndicated loan activity are both flashing red.
...
DryShips (DRYS) Announces Acquisition of Vessel
According to an article by Street Insider, DryShips Inc., a diversified owner, and operator of ocean-going cargo vessels, today announced that it has agreed...
GNS Partners StormGeo To Integrate World’s Navigation With Weather Solutions
In a recent development, GNS has announced that they have started a strategic partnership with StormGeo which will create new situational awareness, route optimization...
OOCL Sells Long Beach terminal for US$1.78 billion
OOCL expects to realize a gain of just under US$1.3 billion by selling its Long Beach Container Terminal for US$1.78 billion, whose net...
Engine Performance Optimization on Land and Sea
ABB Measurement & Analytics helps the shipping and power companies save fuel and improve the reliability of large diesel engines. ABB’s instrumentation and analyzers...
Weekly Tanker Report – Week 18, 2019
The Baltic Briefing has issued the tanker report for the 18th week of this year. The report dated 3rd May 2019 provides a valuable insight...
More Propane and Hydrocarbon Gas Liquids To Transit the Expanded Panama Canal
In June 2016, the Panama Canal Authority, the body that operates the Panama Canal, opened the third set of locks that facilitated the transit of...
- Advertisement -
