PACC Offshore halves losses
Singapore-listed offshore vessel owner doubles revenue for the second quarter.
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Stanford Marine in Talks About Sale of Business
Creditors of Stanford Marine Group (SMG), which has links to troubled private equity firm Abraaj, are in talks with three potential buyers, sources familiar with the matter say.Banks are overseeing control of Dubai-based SMG after it failed…
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POSH Offshore cuts loss in encouraging quarter
Chief executive says company has made headway in improving overall performance.
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Colombia: Over a Ton of Cocaine Found on Containership
More than 1 ton of cocaine hydrochloride was seized on board a boxship in the waters near Barranquilla.
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Scorpio Bulkers to Partially Finance 12 Ships with New Loan
Scorpio Bulkers has received a commitment for a loan facility of up to USD 184 million.
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