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Having taken advantage of firm asset values to selectively trim older bulkers from its fleet, New York-listed Genco Shipping & Trading is ready to dive back into that marketplace for …
The Sea Cargo Charter has just added mining and metals company South32 as its newest signatory. Headquartered in Australia, South32 produces bauxite, alumina, aluminium, copper, silver, lead, zinc, n
Project delays and hold-ups are likely to push out LNG supply constraints in global markets by a year or more, the US’s largest producer said. Speaking on a second-quarter results …
Glencore has denied possibilities of antitrust infringement, if it were to embark on further mergers and acquisitions in the steelmaking coal sector. Following its U-turn to not spin off its …
US-listed Navigator Holdings is buying into a new clean ammonia project in Texas to seriously ramp up green fuel production. The world’s largest owner of handysize LPG carriers said it …
Excelerate Energy is obsessing about fleet growth and is bullish on the floating storage and regasification asset class. Asked about its growth plans, chief executive Steven Kobos replied: “We love …
EuroDry posted a slight loss for the second quarter, weighed down by costs for scheduled dry-dockings and low-earning legacy charters. The US-listed owner of 13 midsize bulkers reported on Thursday …
US-listed Navigator Holdings is buying into a new clean ammonia project in Texas to seriously ramp up green fuel production. The world’s largest owner of handysize LPG carriers said it …
One of Havila Shipping’s platform supply vessels has found work potentially stretching two years. The Oslo-listed offshore vessel owner announced on Thursday a charter for the 4,000-dwt Havila Borg (
Glencore has denied possibilities of antitrust infringement, if the company were to embark on any further M&A’s in the steelmaking coal sector. Following the company’s U-turn to not spin off …
Belgium’s Euronav says the group is in talks over new ammonia-ready chemical tankers for charter to ExxonMobil. Chief executive Alexander Saverys was asked on an earnings call to comment on …
EuroDry, a US-listed owner of 13 midsize bulkers, posted a slight loss for the second quarter weighed down by costs for scheduled drydockings and low-earning legacy charters. The company, led …
German energy company Uniper is plotting the use of Sydney-listed Provaris Energy’s new vessels to lift hydrogen in Norway. The two companies have signed a cooperation deal to explore off-take …
Pacific Basin Shipping has offloaded two bulkers and added one vessel to its owned fleet in the first half of this year. Hong Kong-listed Pacific Basin revealed the transactions as …
Stainless Tankers is weighing a potential sale of its oldest vessels amid strong interest from rival firms. The 20,000-dwt Marmotas (built 2005) and the 20,645-dwt Monax (built 2005) have been …
Pacific Basin Shipping saw softer profit during the first half of this year as profit margins on its operated fleet fell. It has meanwhile exercised a purchase option that it …
The number of VLCCs lifting crude cargoes in the US Gulf may set a new record this month. But the final total is far from clear, brokers and analysts report. …
Norway’s Gersemi Asset Management revealed it cut tanker exposure just ahead of the massive sell-off in global stock markets. Fears of a weaker US economy wiped billions from shipping companies’ …
Crude tanker loadings have ceased at the terminal that handles exports from Libya’s largest oil field. The Sharara field has cut production after the country’s National Oil Corporation (NOC) declared
Oslo-listed Hunter Group has seen losses mount in a weak summer VLCC market. The Morten Astrup and Arne Fredly-backed company charters in two unnamed VLCCs at an average of $51,750 …
