The refinancing results in a $6.6m reduction in company debt and a material gain of $5.6m
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The nine founding corporations, with combined annual revenues of $500bn, commit to achieving net-zero emissions by 2050 at the latest
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The move is expected to see about 500 seafarers a week changed
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Administrators Duff & Phelps say the vessels are not part of the insolvency proceedings
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Move likely to have been driven by need for economies of scale, Hamburg shipping grapevine claims
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Wilhelmsen takes 50% stake in MPC Capital ship management unit Read More »