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There has been another twist in the Titan Petrochemicals saga, with local reports quoting sources as saying that Warburg Pincus and its partner SouthernPec has failed to complete a deal…
American Petroleum Tankers (APT) has booked four 50,000 dwt LNG-conversion-ready product tankers at US-based shipyard General Dynamic Nassco.
Scorpio Tankers' ordering spree has come to an end with a final flurry of 16 newbuilding orders at Korean yards.
Announcing a net loss of $18.8m for the first quarter, John Fredriksen's tanker outfit Frontline has forecast a gloomy outlook for itself and the tanker market as a whole.
Malaysian Bulk Carriers suffered from the poor economic conditions in the first quarter, turning to an operating loss of MYR3.4m ($1.1m) from a MYR19.7m profit in the first quarter of…
Tax changes recently approved by the Greek parliament will affect companies involved in the shipping industry, claims accounting firm Moore Stephens.
A “frame agreement” just signed between Hamburg-based Becker Marine and Maersk Tankers could see up to 15 of the Danish tanker company’s VLCCs fitted with fuel-saving Becker Mewis Ducts. The…
Maersk Tankers has abandoned the VLGC market, selling off its 10-strong fleet to BW Group.
Shipping Corporation of India (SCI) managed to narrow its annual net loss as revenue inched up.
Full year profit for India-based Essar Shipping has declined due to higher taxes, despite an increase in revenue.
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