Due to lower MR charter rates, Pyxis Tankers ended Q2 2018 with a widened net loss.
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Low MR Charter Rates Hurt Pyxis Tankers’ Earnings Read More »
Mississippi shipbuilder VT Halter Marine, Inc. has launched a new ferry, Powhatam, for the Virginia Department of Transportation (VDOT).In November 2016, VT Halter Marine was awarded the contract for the design, construction and delivery of…
VT Halter Launches New Ferry for Virginia Read More »
Sale looks to be part of fleet renewal as Hyundai newbuildings begin to arrive.
Sovcomflot tees up aframax sale at eye-catching price Read More »
When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea’s annual average salary.But the 52-year-old was laid off i…
‘Hyundai Town’ Grapples with Slowed Shipyard and Grim Future Read More »
Greek boxship owner lowers debt by more than a half-billion dollars, as planned.
Danaos closes $2.2bn debt refinancing Read More »