Teekay Offshore Partners hunts for new Petrojarl Varg charter
US-listed MLP says counterparty failed to provide initial funding to cover life extension and upgrade costs.
Teekay Offshore Partners hunts for new Petrojarl Varg charter Read More »
Sembcorp Marine secures $1.5bn ‘loan’ to cut debt
Funds for Singapore yard group come from parent group following state-backed bond issue
Sembcorp Marine secures $1.5bn ‘loan’ to cut debt Read More »
Shell seals deal to supply LNG to Hong Kong FSRU
Local power companies also confirm Mitsui OSK Lines as provider of regasification unit.
Shell seals deal to supply LNG to Hong Kong FSRU Read More »
Container shipping shifts from M&A to vertical integration
Rating agency Fitch says consolidation wave in container shipping is “approaching its end”.
Container shipping shifts from M&A to vertical integration Read More »
Iran shoots down US drone over Strait of Hormuz
Incident took place close to where Front Altair and Kokuka Courageous were targeted.
Iran shoots down US drone over Strait of Hormuz Read More »