Scorpio Tankers Inc announced that it has agreed to sell and leaseback two MR product tankers (STI Gramercy and STI Queens) and two LR2 product tankers (STI Oxford and STI Selatar) in two separate transactions to an international financial institution.
Scorpio Tankers Sells, Leaseback Four Tankers Read More »
Eutelsat Communications latest company to express interest in maritime satellite company.
Inmarsat takeover battle looks to be two-way fight Read More »
DJIA falls 172 points over concerns related to escalating tariff war between US and trading partners European Union and China.
Shipping stocks dip with the Dow Read More »
“The South Atlantic Chassis Pool was formed in 2006 as a way to more efficiently handle the provision of chassis for the movement of containers in the Southeast. Today, this pool provides about 40 percent of the chassis offered in CCM managed pools.
SC Ports CEO Sounds Off on Southern States Chassis Pool Read More »
Long have tanker owners wished for a week like the one which we’ve just put behind us. In its latest weekly report, tanker market specialist, Charles R. Weber commented that “VLCC rates rallied strongly this week on a strong concentration of dema…
The VLCC Market “Roars” Back in Anger Read More »