Euronav Sells Its Oldest 2002-built Suezmax
Euronav sold its oldest ship, the 2002-built suezmax Filikon for $16.3m, says a press release published on their website.
Capital gain on sale
A capital gain...
Castor Maritime Stock Faces 39% Loss, An Analysis
Castor Maritime stock began May costing just under $0.50 per share. By the time the month was done, each Castor Maritime share was selling...
The New Appearance of Mysterious Golden Ratio
Bert de Groot, Professor of Governance and Strategic Investment Policy has recently seen his paper, titled Disentangling the enigma of multi-structured economic cycles -...
Ardmore Unveils Definitive Agreement for Methanol-to-Hydrogen Technology
Ardmore Shipping, in a press release, announces definitive agreements on strategic investment in Element 1 Corp., establishment of e1 marine joint venture, and preferred...
CDB Acquires Six 60,000 dwt Ultramax Bulkers
CDB acquires six 60,000 dwt Ultramax bulk carriers to its fleet, says an article published in Splash 247.
New acquisition deal
China Development Bank Financial Leasing...
OMV Implements Voyager Portal To Manage Marine Supply
Leading global maritime supply chain innovator Voyager Portal (Voyager) announced, OMV Supply & Trading UK (OMV S&T) as the latest client to implement the...
TORM Increases Share Capital With Vessel Delivery Transaction
TORM announced the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd. on 1 March 2021.
TORM...
Milestone In The Construction of LNG-Powered VLCC
Dalian Shipbuilding Industry, a subsidiary of China State Shipbuilding Corporation, has delivered what has been described as the world’s first dual-fuel VLCC 2x3500m³ C-type...
Shippo, A Shipping Start Up Valued At $1 Billion
Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.
Just months after reaching a valuation of $495 million,...
Equinor Awards EPCI Contract To Subsea Integration Alliance
Subsea 7 and Schlumberger’s OneSubsea, via the Subsea Integration Alliance, secured a major contract from Equinor for the Bacalhau field development located 185 km...
