Following a $1bn loss for FY2018 ended 31 March 2019 K Line’s executive management are taking a pay cut.
The shortlist for 2019’s Seatrade Maritime Awards Asia has been announced, with the winners to be unveiled on Friday 28th June at Hong Kong’s InterContinental Hotel in Kowloon.
Veteran shipbroker Denis Petropoulos has been elected as the new chairman of the Baltic Exchange Council.
China’s Guanghui Energy is to construct the LNG receiving station at Xueyan port on the Yangtze river  following the project approval from Hunan Provincial Development and Reform Commission.
Sunday marked another milestone for the Panama Canal with the transit of Qatargas Al Safliya, to date the largest LNG carrier to transit the waterway.
Two Saudi oil tankers suffered “significant damage” in sabotage attacks on four commercial vessels in waters off the United Arab Emirates on Sunday.
Alternative investment firm Vӓrde Partners and a subsidiary of Chinese industrial company Landbridge Group have concluded a sale and lease back deal on a VLCC.
The global chemical tanker market is poised to continue improving with demand anticipated to surpass tonnage supply growth through to 2021, according to chemical tankers and terminal operator Odfjell.
Russia’s Sovcomflot Group has concluded a new $297m financing facility with three international banks for its two new-generation 174,000 cu m LNG carriers which will operate under long term charters…
Teekay Offshore Partners has secured $165.5m in long term financing from the Norwegian government for four new shuttle tankers which will operate with zero volatile compounds (VOC) emissions.
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