Odfjell has signed agreements for long term charters on two chemical tanker newbuilds being constructed in Japan.
Brightoil Petroleum (Holdings) Limited has made a profit in the first half of its financial year 2017 as against a year-ago loss, thanks to revenue growth boosted by higher sales…
First Ship Lease Trust (FSL Trust) has sank into the red for 2016 as the shipping trust took a $44.14m impairment loss on eight ships.
A 1993-built Singapore-flagged VLCC Varada Blessing has been sold at a price of RMB81m ($11.8m) after it was auctioned on Taobao, China’s largest online shopping website, reports said.
George Economou’s Dryships has re-entered the tanker market buying an aframax and a VLCC.
Hyundai Global Services (HGS), the marine services company of Hyundai Heavy Industries (HHI), and shipowner KSS Line have signed a memorandum of understanding (MOU) on retrofitting ships with abatement technology.