Pyxis Tankers raises $6.17m selling preferred shares
The company sold common shares in February
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July 2021
Tanker Market Remained Depressed During June
The tanker market failed to recover during the month of June, according to the latest monthly report from OPEC. Dirty tanker rates remained at depressed levels in June as ample tonnage availability and constrained demand continued to weigh on the marke…
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Five lessons to learn on hydrogen as ship fuel
Green hydrogen could play a crucial role in the maritime industry’s journey towards decarbonization. Produced through electrolysis, H2 is free of carbon emissions and could be widely available across the globe in the future – as a marine fuel or a key …
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Greeks turn to domestic financing support
Bank ship finance for Greek shipping dropped for the sixth consecutive year in 2020 – with Covid only partly to blame. The Key Developments and Growth in Greek Ship-Finance report from Petrofin Research calculated that Greek loans, both drawn and…
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DOF Bags Brazilian AHTS Deals with Petrobras, Equinor
Norwegian offshore vessel operator DOF has secured contracts in Brazil for two of its anchor handling tug supply vessels.The company has won contracts through its Brazilian subsidiary NorskanThe Skandi Paraty vessel, with an ROV onboard operated by DOF…
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