S&P gives better outlook on Panama Canal
Credit ratings agency says ongoing use of expanded locks by major shipping lines means steady income.
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Maritime News
Pemex tenders for floating LNG import terminal
Five-year charter of vessel-based regasification for LNG aims to bring gas to underserved region.
Pemex tenders for floating LNG import terminal Read More »
Fall from Grace: Batista Gets 30-Years for Corruption
Eike Batista, the former mining and oil magnate who was once Brazil’s richest man, was convicted and sentenced to 30 years in prison for bribing Rio de Janeiro state’s disgraced ex-governor, according to a court document published on Tuesday.Batista’s …
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Steel Trade: Thyssenkrupp Restructuring After Steel Deal
Thyssenkrupp Chief Executive Heinrich Hiesinger said he would restructure the German industrial conglomerate further after signing a long-awaited deal to merge its steel assets with those of India’s Tata Steel.The steel merger, which will create…
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Libya tanker transits at halt, P&I club warns
Ongoing civil war in major oil producer pushes daily earnings in Mediterranean market in the red.
Libya tanker transits at halt, P&I club warns Read More »