Pacific Radiance plots vital $120m share issue
New stock to constitute 65% of company as banks write off $100m.
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May 2018
Weak Tanker Market Hurts Sovcomflot Earnings
Driven by low freight rates in tanker sectors, PAO Sovcomflot ended the first quarter of this year in loss.
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Novatek creates Arctic shipping unit
New transport unit will centralise management
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Sembcorp Marine Pens Deal for Shell’s FPU
A Sembcorp Marine unit wins a contract for Shell’s Vito semi-submersible FPU.
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Thenamaris LR2 locked into one-year charter
Koch said to have taken in tanker from Greek owner on period deal.
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