Oil tanker group Frontline reported a big jump in second-quarter earnings on Thursday as energy traders paid to store crude that went unsold amid the COVID-19 pandemic, the company said on Thursday.Frontline’s April-June adjusted net profit rose to $20…
Frontline’s Earnings Surge on Demand for Oil Storage Read More »
The U.S. Department of Commerce has blacklisted 24 Chinese companies for their role in […]
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CCCC & China Shipbuilding Group among 24 sanctioned Chinese companies by the US Read More »
A broader mobilisation towards a lower-carbon future will require political backing — and that means stronger decarbonisation commitments in the…
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Seven more dead dolphins were found on a Mauritius beach on Thursday, a government official said, a day after 17 carcasses were washed up near an oil spill caused by a Japanese ship that struck a coral reef.”We found seven more dolphins this morning in…
More Than 20 Dead Dolphins Found on Mauritius Beach Near Oil Spill Read More »
Deutsche Börse-listed former KG house, a co-investor in MPC Container Ships, has seen profits fall sharply thanks to its exposure…
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MPC Capital incurs impairment on container unit restructuring Read More »