With global economic activity shifting from the West to the East, competition between Middle Eastern and Asian maritime nations intensifies in their bid to attract a bigger slice of the global shipping industry’s diverse revenue streams. As a result, e…
New and Established Maritime Hubs Showcase Diverse Offering at Posidonia 2018 Read More »
Venezuelan state-run oil company PDVSA has completed its first ship-to-ship (STS) transfer designed to ease a severe bottleneck of tankers around its main crude ports, according to sources close to the operation and Reuters vessel tracking data.PDVSA…
PDVSA Completes Oil Transfer to Ease Tanker Bottleneck Read More »
Diversified energy shipping group has nearly all bondholders agreeing on exchange offer.
Eletson refinancing closer with new notes Read More »
Latest deal comes amid string of Greek purchases of bankrupt Toisa’s fleet.
Avin said to buy another Toisa tanker Read More »
German conglomerate Thyssenkrupp is examining a full or partial exit from its naval vessels business, which is part of the group’s Marine Systems unit, a person familiar with the matter said.The news was first reported by German newspaper Handelsblatt,…
Thyssenkrupp Mulls Sale of Naval Vessels Business Read More »