BW and Dorian tie-up is litmus test for consolidation
BW LPG has offered 2.05 BW LPG shares for each Dorian share in a deal with $1.1bn enterprise value. The…
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Maritime News
Safe Bulkers posts higher than expected first-quarter profit
With revenues and profitability improved, company president Loukas Barmparis said that the company intended to continue using cash from operations…
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Mattis Says US Will Continue Operations in South China Sea
U.S. Defense Secretary Jim Mattis said on Tuesday that the United States would continue to confront what Washington sees as China’s militarization of islands in the South China Sea, despite drawing condemnation from Beijing for an operation…
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The Complexities of the IMO 2020 Sulphur Rule on Bunker Fuels
The latest environmental legislation on shipping and the looming 2020 rule on bunkers will be a central point of discussions which are expected to be held in Athens over the course of the next couple of week. In its latest weekly report, shipbroker Int…
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BW LPG Looks to Acquire Hadjipateras-led Dorian LPG in a Deal Worth $1.1 Billion
BW LPG Limited announced a proposal to combine with Dorian LPG Ltd. in an all-stock transaction. Dorian shareholders would receive 2.05 BW LPG shares for each Dorian share. Pursuant to the proposed transaction, BW LPG intends to dual-list on the New Yo…
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