Adam Polemis buying VLCC from Mitsui OSK Lines
Greek owner lines up first VLCC buy in almost a year in deal with Japanese shipowner.
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Baltic Index Down for Fifth Straight Session
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday for a fifth consecutive session weighed by falling rates across vessel segments. The overall index, which factors in rates for capes…
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Jan-March Oil Shipments from Georgia’s Batumi Down 54 pct
Oil and oil-related shipments from Georgia’s Black Sea port of Batumi fell 53.7 percent between January and March from a year earlier, an official at the KazMunaiGas-operated terminal said on Wednesday. The official said some volumes of crude…
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Victor Restis OSV company to debut in Oslo
Golden Energy Offshore looking to expand after debt deal with bondholders.
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Marlink Expands VSAT Coverage in the Indian Ocean
Marlink has added a new satellite to its global multi-band Sealink network, expanding its footprint in the Indian Ocean Region (IOR) and introducing even more Ku-band VSAT capacity to enable high-speed broadband connectivity for ships transiting southe…
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