Kyoei Tankers reverses year-ago loss to post profit
Japanese owner makes a positive start, but has revised its interim and full-year forecasts lower.
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Pan Ocean net profit surges on improved dry bulker markets
At the end of June, the company had a fleet of 207 vessels, including 180 dry bulkers
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Safe Bulkers buys Japanese-built capesize bargain
Unidentified vessel becomes US-listed owner’s fourth cape as brokers point to Five Stars Fujian, auctioned in China last Saturday, as most…
Related StoriesTough rate environment knocks RCL to lossUS container…
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Global FPSO Market to Exceed USD 115 bln by 2024.
Global FPSO Market is anticipated to witness growth of 19% and exceed USD 115 billion by 2024. Rising demand of hydrocarbons and increase drilling activities for exploration and production will drive the industry growth.Increase in the conversion…
Global FPSO Market to Exceed USD 115 bln by 2024. Read More »
Cantium Contracts Rowan Jack-up
Rowan Companies plc announced that the Rowan EXL III, an EXL Class high specification jack-up rig, has been awarded a six-month contract from Cantium in the U.S. Gulf of Mexico.The contract is expected to commence in early November 2018. The…
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