November 2018

Subsea 7 vessel use highest since 2014

OSV owner sees positive momentum in tendering activity.

Aldubaikhi told Reuters that better days are coming for the industry as of next year.

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VLGC owner also likely to use scrubbers and LSFO as it evaluates how to meet IMO 2020 rules.

Higher volumes, better vessel utilisation and synergies from UASC merger also contribute to better result.

Safe Bulkers has agreed a number of loan amendments and refinancings, resulting in pushing back about $132m in balloon repayments