Frontline and Euronav: owners to scrap and pool ships during downturn
Tanker giants say shipowners will seek to limit tonnage supply amid demand uncertainty
Frontline and Euronav: owners to scrap and pool ships during downturn Read More »
January 2021
Lenders Take Control of Polarcus’ Ships After Default on Debt
Lenders took control of Polarcus’ ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices.The company’s Oslo…
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Shell debuts new US LNG bunker barge with Siem car carrier
Newbuilding supplied in night-time first operation in the Port of Jacksonville, Florida
Shell debuts new US LNG bunker barge with Siem car carrier Read More »
Profit surge for Hapag-Lloyd raises hopes for 2021
But could the first signs of a wobble in freight rates spoil the party?
Profit surge for Hapag-Lloyd raises hopes for 2021 Read More »
Biden Sees Nord Stream 2 Pipeline as ‘Bad deal’ for Europe
President Joe Biden believes the Nord Stream 2 natural gas pipeline is a “bad deal for Europe” and his administration will be reviewing restrictions on the project included in a bill that passed during the Trump administration, the White House…
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