Commerzbank runoff finds new shipping low
March out of maritime sector has made for much improved results at German lender.
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August 2018
Gulfmark Must Choose: Size or Specialty
Coming hot off the heels of July’s announcement of a merger deal between offshore services firms Tidewater and Gulfmark, rival Harvey Gulf offered its $836 million fleet in a competing deal to merge with Gulfmark.Now Gulfmark is left to weigh its optio…
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Venezuela Dodges Oil Asset Seizures with Export Transfers at Sea
Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures.But the OPEC member nation…
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Mercator remains deep in the red
Indian conglomerate records a $6.8m net deficit in the second quarter of 2018.
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USMMA Outlines Top Priorities in New Strategic Plan
Today, the United States Merchant Marine Academy (USMMA) at Kings Point issued its new strategic plan providing guidance and direction for the near-term future of the Academy.The plan, entitled The U.S. Merchant Marine Academy Strategic Plan 2018-2023:…
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