Tuesday, August 21, 2018

Bahri Discusses Tanker Market Challenges and Opportunities with Industry Leaders

Bahri, a global leader in transportation and logistics, recently hosted three of the world’s leading maritime transportation veterans and thought leaders at its annual...

New Multigas Pool for Teekay LNG Partners

Teekay LNG Partners L.P. today launched the Teekay Multigas Pool, a new in-house commercial management solution for ethylene-capable liquefied petroleum gas (LPG) and small-scale liquefied...

Höegh LNG Partners to Acquire Remaining 49% Interest in FSRU Höegh Grace

Höegh LNG Partners LP today announced that it has agreed to acquire from a subsidiary of Höegh LNG Holdings Ltd. the remaining 49% ownership...

Hit by Oil Prices, Aegean Posts Q3 Loss of USD 3.8 Million, to Consolidate...

Aegean Marine Petroleum Network announced financial and operating results for the third quarter of 2017, on Wednesday. The Greece-based company reported a loss of...

Liza Project’s 1st VLCC Arrives at Keppel Shipyard

The tanker destined for ExxonMobil's ‘Liza Phase 1’ project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced on Tuesday (November...

TORM Posts Q3 Loss, Buys Six MR Resale Tankers

Copenhagen-based TORM bought six MR resale ships for USD 185 million during the third quarter of 2017. The first transaction included four MR resale...

K Line Announces Delivery of 311,000 DWT Kisogawa

Kawasaki Kisen Kaisha, Ltd., Tokyo (“K” Line), announced the delivery of “KISOGAWA,” a 311,000 DWT-type VLCC at Nantong Cosco KHI Ship Engineering Co., Ltd,...

GTT to Design LNG Tanks for Two Dynagas Vessels

GTT revealed today that it has received an order from the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Corp. Ltd. to design LNG tanks for Dynagas...

DHT Revenues Up amid Stiff Market, Beats Estimates by USD 0.04 EPS

DHT Holdings, Inc. posted its earnings results on Monday. The shipping company reported (USD 0.04) earnings per share for the quarter, topping analysts’ consensus...

Fitch Ratings: Tanker Market to Witness Marginal Gains

Global demand acceleration and more oil shipments could mean a pick up next year for the tanker industry, though growth would be difficult due...