Capesize demolition interest picks up amid falling freight rates
Ailing scrapping markets may be finally receiving a shot in the arm
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August 2022
Feeder specialist SITC doubles profit to over $1bn as rates soar
Ambitious Hong Kong-listed company reaps benefit of Asia’s booming container trades
Feeder specialist SITC doubles profit to over $1bn as rates soar Read More »
QED Naval looking for composite blades manufacturing partner
Scottish marine energy company QED Naval is seeking strategic partners for the supply and manufacture of composite tidal turbine blades for its Subhub-CD platform.
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Gulf Navigation Refinances Five Petrochemical Tankers
Dubai-based shipowner Gulf Navigation announced it has completed the transaction of refinancing five petrochemical tankers, “under new and preferential terms”. The tankers were refinanced by China’s Jiangsu Financial Leasing Co. (JFL) under…
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Eneti Sells Its Stake in Scorpio Tankers
Offshore wind farm construction and services company Eneti Inc. announced it has sold its entire holding in Scorpio Tankers Inc.Eneti said it sold its 2,155,140 common shares in Scorpio Tankers for $38.65 per share, for gross proceeds of approximately …
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