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Shuttle tanker owner-operator KNOT offshore partners (KOP) raised $156m in its initial public offering on the NASDAQ exchange. The offering comprised 7.45m shares at $21 each.
The medium term outlook for the product tanker industry is projected to be position in light of substantial growth in tonne-mile demand and vessel utilisation, according to Italian shipowner d'Amico…
A six month public consultation aimed at cutting red tape at the IMO starts today.
Odfjell group revealed mixed first quarter results today, with rising time charter and terminal earnings failing to prevent a $13m loss, more than triple the $4m loss in the same…
Great Eastern Shipping improved its annual earnings as the product tanker market displayed strength, but the weak crude tanker market has limited the company's profit upside.
US shipowner Seacor Holdings has inked an agreement to buy two VLGCs at South Korea's Hyundai Heavy Industries (HHI).
Navios Maritime Acquisition Corp has posted a modest net profit of $700,000 for the first quarter of 2013, following a net loss of $800,000 in the same period of 2012.
GDF Suez has chartered the GDF Suez Cape Anne from Höegh LNG for use as the first floating storage and regasification unit in China. 
London: Greek LPG carrier specialist Stealthgas is aiming for a 20% share of the LPG tanker market after raising $115m in its latest public offering.
Singapore: The Myan-Aung, a 1,100 dwt tanker, capsized and sank following a collision with Kawasaki Kisen Kaisha (K Line) operated car carrier Malacca Highway, on the Yangon river on April…
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