Tokyo’s newly cash-rich shipping firms are ordering low-emission vessels to their own account rather than chartering in ships from local outfits
ONE windfall to help Japan’s ‘Big Three’ pay eco bill Read More »
The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 2 points (from 64 to 62 the year before), marking a slow decline but possibly the beginnings of the stabilisation of global shipping portfolios. Top 40 Banks’ lending to …
Global Shipping Finance Portfolios Begin to Stabilize Read More »
A massive scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says report by International Chamber of Shipping and global engineering, environmental and strategic consultancy Ricardo. A Zero Emissio…
Fluor Corporation (NYSE: FLR) announced today that its Department of the Navy contract with Fluor Marine Propulsion, LLC, a wholly-owned subsidiary of Fluor, was extended through fiscal year 2022. The contract is part of a joint program, Naval Reactors…
Fluor Wins $1.16 Billion Contract for US Navy Nuclear Propulsion Work Read More »
New York owner has fixed 70% of fourth-quarter days at rates 26% better than last, but warns of impending weakness
Genco Shipping scores biggest quarter in 13 years, hikes dividend Read More »