Sovcomflot tees up aframax sale at eye-catching price
Sale looks to be part of fleet renewal as Hyundai newbuildings begin to arrive.
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Maritime News
‘Hyundai Town’ Grapples with Slowed Shipyard and Grim Future
When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea’s annual average salary.But the 52-year-old was laid off i…
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Danaos closes $2.2bn debt refinancing
Greek boxship owner lowers debt by more than a half-billion dollars, as planned.
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Dutch Superyacht Builders Propelled by Rising Economic Tide
With three lounges, three dining rooms, an open-air jacuzzi, a bar and six luxury cabins, the 50-meter “Aster” is one of Dutch shipyard Heesen’s more modest superyachts.The Netherlands, which amassed huge wealth through the technical superiority…
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Clarksons starts hunt for future chairman
Ed Warner says now is the right time to start the search for a new director.
Clarksons starts hunt for future chairman Read More »