The acquisition of Gener8 resulted in the recognition of a gain on bargain purchase on business combination of USD 36.3 million being recorded in the consolidated statement of profit or loss in the second quarter, says Euronav.The largest NYSE…
Euronav Updates on Gener8 Merger Read More »
Star Bulk Carriers has announced a net income of US$10.73 million for the second quarter of 2018, a significant improvement over the company’s net loss of US$10.28 million for the same period last year.The global shipping company focusing on…
Star Bulk Carriers Back in Black Read More »
Zim Integrated Shipping Services (ZIM) has announced the new Strategic Partnership Agreement with the 2M alliance, details of the new improved Asia – U.S. East Coast – Asia network that are now available.Nissim Yochai, ZIM EVP Trans Pacific Trade…
ZIM Annouces New Asia – America Network with 2M Read More »
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hyundai Merchant Marine Co., Ltd., Seoul, for one of its Panamax container vessels, the m/v Pamina.The global shipping…
Diana Containerships TC Contract for m/v Pamina with HMM Read More »
Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy transition. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050……
Gas to Become World’s Primary Energy Source by 2035 Read More »