Irene Lan takes helm of bulker owner Shih Wei Navigation
A maritime graduate, Lan rose through the ranks in Shih Wei
Irene Lan takes helm of bulker owner Shih Wei Navigation Read More »
October 2020
Hunter sells VLCCs it bought back from Ship Finance International
Oslo-based Hunter Group sold the 2019-built 300,000 dwt Hunter Saga and Hunter Laga for an en-bloc price of $168.4m. The…
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Pareto auctioning OSV duo as banks seek to recover $267m
Construction ships linked to Singapore’s Coastline Maritime are to be sold in the US in December
Pareto auctioning OSV duo as banks seek to recover $267m Read More »
South Korea initiates programme with IMO to cut ships’ GHG emissions, announces carbon neutrality pledge
The Republic of Korea and the International Maritime Organization (IMO) have signed an agreement to establish a four-year training programme to support developing states to reduce greenhouse gas…
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Pareto Bank’s shipping book reduced but loan losses also down
Niche Norwegian shipping lender hunting for new business as it remains unscathed by pandemic
Pareto Bank’s shipping book reduced but loan losses also down Read More »