With the signing by the France-based international lender to global shipping BNP Paribas and the Swiss multinational investment bank Credit Suisse, Signatories of the Poseidon Principles represent around $140 billion in loans to international…
Poseidon Readies $140Bn Shipping Loan Read More »
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate…
MOL in Restructuring Excercise Read More »
Finnish utility Gasum has signed an agreement with Norwegian energy giant Equinor for the delivery of liquefied natural gas (LNG) to the latter’s crude shuttle tankers.The Nordic energy company said in a press release that the supply will commence…
Gasum to Bunker Equinor’s Tankers Read More »
Sete Brasil entered into newbuild drillship contracts valued at $5.6bn with Sembmarine, but it remains unclear to date whether and…
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Ex-Sembmarine official charged in Brazil over rig contracts Read More »
Full-year global demand growth for dirty tankers could be affected by about 0.5% in its scenario, Braemar ACM said
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Spread of coronavirus threatens tanker market Read More »