Navios completes sale and leaseback deal
Company will have no credit facility maturities for seven years after using the funds to refinance bank debts
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Panama Canal opens up to larger boxships
An increase in the maximum beam restriction will see containerships of up to 20 rows wide transiting the Panama Canal
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MOL acquires stake in Reliance’s VLECs
Reliance did not disclose the value of the deal but said that the transaction was subject to regulatory approvals
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Trafigura in bulk liquids tie-up
The tie-up is based on the expectation that the market for petrochemicals is expected to grow significantly over the next…
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East Timor closes Greater Sunrise fields deal
ConocoPhillips and Woodside, which retains a significant stake in Greater Sunrise, had serious reservations about East Timor’s proposal to pipe…
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