Market News Archive

  • May 5, 2017 – COSCO Shipping International (Singapore) Co., a Singapore-based shipbuilding and repair company that is controlled by Chinese shipowner China COSCO Shipping, which owns 53.35% of Singapore’s share capital of Singapore, today A plan for the sale of […]

    COSCO Shipping International (Singapore) Co. sells its naval engineering activities to the parent company COSCO Shipping

    Company News
    May 5, 2017 – COSCO Shipping International (Singapore) Co., a Singapore-based shipbuilding and repair company that is controlled by Chinese shipowner China COSCO Shipping, which owns 53.35% of Singapore’s share capital of Singapore, today A plan for the sale of […]

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  • LONDON, May 15, 2017 — Navig8 Product Tankers Inc. (the “Company”) (N-OTC: EIGHT), an international shipping company focused on the transportation of petroleum products, today announced its unaudited financial and operating results for the three months ended March 31, 2017. Highlights […]

    Navig8 Product Tankers Inc. Reports Results for the Three Months Ended March 31, 2017

    Company News
    LONDON, May 15, 2017 — Navig8 Product Tankers Inc. (the “Company”) (N-OTC: EIGHT), an international shipping company focused on the transportation of petroleum products, today announced its unaudited financial and operating results for the three months ended March 31, 2017. Highlights […]

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  •  HONOLULU, April 4, 2017  — Matson, Inc.  today announced that its subsidiary, Matson Navigation Company, Inc., a leading U.S. carrier in the Pacific, has elected to use its joint venture partner SSA Terminals for stevedoring and terminal services at the Port […]

    Matson to Partner with SSA Terminals for Tacoma Operations

    Company News
     HONOLULU, April 4, 2017  — Matson, Inc.  today announced that its subsidiary, Matson Navigation Company, Inc., a leading U.S. carrier in the Pacific, has elected to use its joint venture partner SSA Terminals for stevedoring and terminal services at the Port […]

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  •  LONDON, April 6, 2017  — UK electricity and natural gas prices tumbled in March as mild conditions and longer days combined with a resumption in French power imports, according to S&P Global Platts data. While prices were down on February they […]

    S&P Global Platts: UK energy prices tumble on strong supply, weak demand

    Market News
     LONDON, April 6, 2017  — UK electricity and natural gas prices tumbled in March as mild conditions and longer days combined with a resumption in French power imports, according to S&P Global Platts data. While prices were down on February they […]

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  •  STAMFORD, Conn., Jan. 30, 2017 — Dorian LPG Ltd. (NYSE: LPG) (the “Company” or “Dorian LPG”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results for the three months ended December 31, 2016. Highlights for […]

    Dorian LPG Ltd. Announces Third Quarter Fiscal Year 2017 Financial Results

    Company News
     STAMFORD, Conn., Jan. 30, 2017 — Dorian LPG Ltd. (NYSE: LPG) (the “Company” or “Dorian LPG”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results for the three months ended December 31, 2016. Highlights for […]

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  •  Jan 5, 2017 – Euronav announced the sale and subsequent lease of four VLCC tankers in its fleet. The Very Large Crude Carrier were sold to corporate vehicles of the US Wafra Capital Partners Inc., a private equity company which […]

    Euronav secure a sale and leaseback agreement for four VLCC ships

    Company News
     Jan 5, 2017 – Euronav announced the sale and subsequent lease of four VLCC tankers in its fleet. The Very Large Crude Carrier were sold to corporate vehicles of the US Wafra Capital Partners Inc., a private equity company which […]

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  • LONDON, Jan. 6, 2017 — S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, offers an overview of the key trends and themes to watch for in 2017. Below is focused on […]

    S&P Global Platts: Oil and Gas Outlook 2017

    Market News
    LONDON, Jan. 6, 2017 — S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, offers an overview of the key trends and themes to watch for in 2017. Below is focused on […]

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  •   Jan, 3rd, 2017 – The South Korean shipping company Hyundai Merchant Marine (HMM), who recently signed a cooperation agreement with Maersk Line and MSC, the first two of the world’s leading companies in the container shipping sector, which could […]

    Hyundai Merchant Marine will form the HMM + K2 consortium with fellow HA-Line and Sinokor

    Company News
      Jan, 3rd, 2017 – The South Korean shipping company Hyundai Merchant Marine (HMM), who recently signed a cooperation agreement with Maersk Line and MSC, the first two of the world’s leading companies in the container shipping sector, which could […]

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  •  TRIESTE, Italy, Dec. 19, 2016 — IBM  today announced that Fincantieri, one of the world’s largest shipbuilding groups and number one by diversification and innovation is adopting a hybrid cloud solution from IBM to improve the efficiency of designing, building and deploying […]

    Fincantieri Selects IBM Cloud to Meet Demand for more Efficient Shipbuilding

    Market News
     TRIESTE, Italy, Dec. 19, 2016 — IBM  today announced that Fincantieri, one of the world’s largest shipbuilding groups and number one by diversification and innovation is adopting a hybrid cloud solution from IBM to improve the efficiency of designing, building and deploying […]

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  •  ATHENS, Greece, Dec. 15, 2016 — Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s largest independent owners of containerships, today reported unaudited results for the period ended September 30, 2016. Highlights for the Third Quarter and Nine Months Ended September […]

    Danaos Corporation Reports Third Quarter and Nine Months Results

    Market News
     ATHENS, Greece, Dec. 15, 2016 — Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s largest independent owners of containerships, today reported unaudited results for the period ended September 30, 2016. Highlights for the Third Quarter and Nine Months Ended September […]

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