Scorpio Bulkers has agreed to invest $100.0 million in a related party, Scorpio Tankers. The investment is part of a larger $300.0 million equity raise through a public offering of common shares by Scorpio Tankers announced yesterday (October 10).
Scorpio Bulkers Invests $100 mln in Scorpio Tankers Read More »
Vietnam National Shipping Lines (Vinalines), the state-owned marine transporter, won approval recently to build two large container terminals at Lach Huyen Port in northern Hai Phong City in a 7 trillion dong ($302 million) project.According to Nguyen …
Vietnam to Build Two Terminals in Lach Huyen Port Read More »
Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.In the latest edition of Drewry’s…
Optimism in Multipurpose Shipping: Drewry Read More »
Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three high-end MEGI LNG carriers and two high-end X-DF LNG carriersAccording…
FLEX LNG Acquires Five 5th Generation LNG Newbuildings Read More »
Tall Ship Lady Washington will be docked at Jack London Square at the foot of Broadway, Saturday and Sunday, informed a press release from Port of Oakland.Visitors can experience maritime history by taking a vessel tour for a small donation to the floa…
Lady Washington Opens for Public Visit Read More »