Shipping group Maersk has raised its full-year earnings forecast, it said on Tuesday, citing increased momentum in fourth-quarter in global container volumes and freight rates.The company now expects earnings before interest, tax, depreciation and amor…
Maersk Raises Full-year Earnings Guidance Read More »
Bank of America predicts the price spread between high and very low sulphur fuel oil to stay narrow in the near term
Lockdowns, extended Opec+ cut to pressure scrubber economics Read More »
Winter weather and shape of economic recovery will be key drivers for spot rates
Flex LNG says 2021 will be an ‘exciting year’ for LNG carriers Read More »
An abandoned, partially sunken tugboat is actively discharging oil within Krause Lagoon in St. Croix, U.S. Virgin Islands, the U.S. Coast Guard said Tuesday.The amount of oil discharged from the tug Cape Lookout remains unknown, while the maximum…
Partially Sunken Tug Leaking Oil in St. Croix Read More »
Controlling shareholder makes countermove against cousins and aunt in latest twist in struggle for control of Norwegian shipping group
Thomas Wilhelmsen makes $154m counter-offer to relatives as ownership feud continues Read More »