Seattle-headquartered Saltchuk on Monday announced it has entered into a definitive agreement to acquire Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla., in a deal worth $950 million.Privately…
Saltchuk to Acquire Overseas Shipholding Group Read More »
Gambit is seen as a key step in increasing cash flows, returning capital to shareholders
Scorpio Tankers seals $223.6m debt repayment that slashes breakeven rates Read More »
Addition of tanker fleet brings something new to expanding conglomerate
Diversification play: Saltchuk’s OSG buy adds new sector to growing shipping empire Read More »
One of the largest vessels in Australian history, HMAS Sirius, has been recycled.After 15 years’ service as a Royal Australian Navy fuel tanker – and two years since her decommissioning at HMAS Stirling, Perth, in December 2021 – the ship has…
Decommissioned Navy Tanker Is Largest Ship to Be Recycled in Australia Read More »
Nasdaq-listed container booking portal remains on course to achieve 2024 guidance
Red Sea crisis sees first-quarter booking values rise for Freightos Read More »