Awilco LNG slumps to loss with long idle periods for one ship in ‘exceptionally weak market’
CEO sees exit of steamships and increasing US cargoes as eventually rebalancing conditions
May 2025
CMB.Tech posts $40.4m first-quarter profit after Golden Ocean takeover
Results not directly comparable with the same period a year ago, which saw massive gains from ship sales
CMB.Tech posts $40.4m first-quarter profit after Golden Ocean takeover Read More »
Golden Ocean books first-quarter loss on weaker market and costly dry-dockings
Macroeconomic uncertainty and disruptive trade tariff talk also affected market, owner said
Golden Ocean books first-quarter loss on weaker market and costly dry-dockings Read More »
Charterer ducks option for Flex LNG vessel prompting 2025 redelivery
Company focused on paying down debt and opportunities for refinancing vessels
Charterer ducks option for Flex LNG vessel prompting 2025 redelivery Read More »
Spain’s Ibaizabal pencils in LNG bunker newbuilding against energy major business
Vessel could find a home on US west coast for energy major
Spain’s Ibaizabal pencils in LNG bunker newbuilding against energy major business Read More »