S&P reaffirms ‘CCC’ rating on Hornbeck
Credit rating agency says US-based offshore vessel owner continues to ‘face weak market conditions and upcoming debt maturities.’
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August 2018
Zeaborn Group merges two shipmanagement vehicles
Rickmers Ship management and ER Schiffahrt have been pulled together.
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China Seeks Feedback on Use of LNG as Marine Fuel
The Chinese Transport Ministry calls for feedback on the advancement of the use of LNG as marine fuel.
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Yang Ming Sinks Deeper into Loss
Yang Ming’s net loss expanded in the second quarter of 2018, amid a surge in fuel prices so far this year.
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Kim Heng narrows loss
Thomas Tan-led offshore vessel owner secures contracts for offshore rig services and supply chain management segment.
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