Condor Ferries, an operator of passenger and freight ferry services between UK and France, has been sold to a consortium including the French shipping company Brittany Ferries.Brittany Ferries, in consortium with the Columbia Threadneedle European Sust…
Brittany Ferries Consortium Buys Condor Read More »
Bermuda-based global shipping company Team Tankers International finalized the sale of the last two of its five older medium range (MR) tankers.Team Tankers has managed to free up a funds for new investments after divesting MR tankers, said…
Team Tankers Sells Two Ships Read More »
Mediterranean countries underwent International Maritime Organization (IMO) training on the impacts of anti-fouling systems and ships’ biofouling on the marine environment at a workshop in Valletta, Malta (12-14 November).The event raised awareness…
IMO Training on Fouling Read More »
The exceptional growth in LNG trade recorded in the first half of the 2019 continued in Q3, says Awilco LNG Group, the Norwegian based fully integrated pure play LNG transportation provider.According to Fearnleys LNG total LNG trade is up about 13 % in…
Exceptional Growth in LNG Trade, Says Awilco Read More »
Russia’s state-owned tanker carrier Sovcomflot (SCF Group) reported improvements on both the top and bottom line in the third quarter benefiting from a stronger tanker market.The energy shipping company posted a net profit of $26m as revenue increased…
Sovcomflot Profits Up on Stronger Tanker Market Read More »