South African ship owner Grindrod has sold its bunker division, Unicorn Bunker Services (Pty) Ltd., for an undisclosed sum to new co-owners WOESA (Women in Oil and Energy South Africa) and Linsen Nambi.Financed through the Industrial Development Corpor…
Grindrod Sells Off Bunker Division Read More »
Cost of equity was seen as too high at older dividend payout, but analyst says company’s path is ‘murky.’
Dynagas LNG payout cut to save capital Read More »
The shipping industry and oil refineries are not doing enough to prepare for new rules cutting the amount of sulfur that vessels can emit from 2020, according to the head of the International Energy Agency’s (IEA) oil industry and market division.The…
2020 Low-sulfur Rule to Trigger Huge Disruptions -IEA Read More »
Market newcomer is in the process of securing $11.5m acquisition.
Awilco set to add to containership tally Read More »
Vessels being sold by Clarksons and Fearnley being linked to Singaporean owner.
Brokers fix attention on Scorpio Tankers medium range pair Read More »