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Teekay taken to task over FSO performance

Maritime News / Dale Wainwright

Field operator says repeated failure of critical safety equipment led to unit being able to load crude.

Teekay taken to task over FSO performance Read More »

Genco poised for fleet growth after securing refinancing deal

Maritime News, News /

The company said the $460m credit facility will simplify its capital structure, improve the terms across all of its refinanced…
      Related StoriesWilhelmsen ‘not satisfied’ with performance despite stro…

Genco poised for fleet growth after securing refinancing deal Read More »

Genco first-quarter loss widens due to vessel impairment charges

Maritime News, News /

The company has also signed a commitment for a $460m credit facility to simplify its capital structure, improve pricing, extend…
      Related StoriesEpic Gas improves in quarter on higher vessel earningsICTSI receives …

Genco first-quarter loss widens due to vessel impairment charges Read More »

US Iran sanctions to have limited effect on crude supply

Maritime News / Dale Wainwright

Trump’s unilateral move will not have same impact as pre-nuclear deal sanctions, say analysts.

US Iran sanctions to have limited effect on crude supply Read More »

US to reimpose sanctions on Iranian shipping and energy firms

Maritime News, News /

IRISL, NITC, NIOC, Naftiran Intertrade and South Shipping Line Iran face sanctions from November as Washington withdraws from JCPOA
      Related StoriesEpic Gas improves in quarter on higher vessel earningsICTSI receives…

US to reimpose sanctions on Iranian shipping and energy firms Read More »

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