Concordia says lowest orderbook for 25 years ‘really exciting’
After tougher third quarter, tanker owner is optimistic for 2021
Concordia says lowest orderbook for 25 years ‘really exciting’ Read More »
Finance
Altera wins $12m claim over FPSO contractual dispute as it cuts net losses
Former Teekay shuttle tanker company reduces loss mainly through unrealised derivative value increases
Altera wins $12m claim over FPSO contractual dispute as it cuts net losses Read More »
Scorpio Bulkers sells ships while its investors send shares into downwind spiral
After big drop in stock price, Scorpio insiders’ group steps up to expand interest in transitioning company
Scorpio Bulkers sells ships while its investors send shares into downwind spiral Read More »
Ocean Yield brings in Danske Bank’s shipping head after falling to loss
Third-quarter result turns red due to write offs of OSV and FPSO’s book value
Ocean Yield brings in Danske Bank’s shipping head after falling to loss Read More »
Singapore looks to renew confidence in commodities in wake of scandals
Minister says the ‘isolated cases of mismanagement’ had ‘reduced confidence amongst banks’ to provide financing
Singapore looks to renew confidence in commodities in wake of scandals Read More »