Market News Archive

  •    STAMFORD, Conn., May 31, 2016 /PRNewswire/ — 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 and fiscal […]

    Dorian LPG Ltd. Announces Fourth Quarter and Full Fiscal Year 2016 Financial Results

    Company News
       STAMFORD, Conn., May 31, 2016 /PRNewswire/ — 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 and fiscal […]

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  •    Having recently submitted a bid to buy the maritime market Baltic Exchange, the proposed takeover launched by Singapore Exchange Ltd. (SGX), the company that manages the Singapore Stock Exchange, has come now to a more advanced stage as theThe […]

    Singapore Exchange launches exclusive negotiations to acquire the Baltic Exchange

    Market News
       Having recently submitted a bid to buy the maritime market Baltic Exchange, the proposed takeover launched by Singapore Exchange Ltd. (SGX), the company that manages the Singapore Stock Exchange, has come now to a more advanced stage as theThe […]

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  •    The French shipping group CMA CGM has announced that it has received today confirms that its proposed acquisition of Singapore’s Neptune Orient Lines (NOL) has been approved by the antitrust authorities of the Ministry of Commerce of China. CMA […]

    Green light from Chinese antitrust authority to the CMA CGM takeover project on NOL

    Company News
       The French shipping group CMA CGM has announced that it has received today confirms that its proposed acquisition of Singapore’s Neptune Orient Lines (NOL) has been approved by the antitrust authorities of the Ministry of Commerce of China. CMA […]

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  •    In recent days, d’Amico International Shipping Company, a company controlled by the Italian company d’Amico Società di Navigazione, launched in the Vietnamese shipyard Hyundai Vinashin Shipyard Co. two new ships Handysize product tanker of 39,000 deadweight tons. The Heaven […]

    d’Amico International Shipping has launched two new product tankers in Vietnam

    Company News
       In recent days, d’Amico International Shipping Company, a company controlled by the Italian company d’Amico Società di Navigazione, launched in the Vietnamese shipyard Hyundai Vinashin Shipyard Co. two new ships Handysize product tanker of 39,000 deadweight tons. The Heaven […]

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  •    The Italian classification and certification company RINA  will acquire the entire share capital of Edif Group Limited, a company’s portfolio of Phoenix Equity Partners, which provides testing, inspection, certification and engineering consulting (ICT-CE). Edif, founded in 2011, is headquartered in […]

    RINA buys the London based Edif Group for 118.5 million pounds

    Company News
       The Italian classification and certification company RINA  will acquire the entire share capital of Edif Group Limited, a company’s portfolio of Phoenix Equity Partners, which provides testing, inspection, certification and engineering consulting (ICT-CE). Edif, founded in 2011, is headquartered in […]

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  •    STX France disposes STX France Lorient, the subsidiary that operates the shipyard in Lanester, to Kership, the joint venture established in 2013 by the French group Piriou and DCNS, active respectively in the fields of civil and military shipbuilding. […]

    STX France sells Lanester shipyard to Kership

    Market News
       STX France disposes STX France Lorient, the subsidiary that operates the shipyard in Lanester, to Kership, the joint venture established in 2013 by the French group Piriou and DCNS, active respectively in the fields of civil and military shipbuilding. […]

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  •    In the coming days the South Korean shipbuilding group STX Offshore & Shipbuilding Co. (STX O & S) will be placed under receivership. This was announced today the Korea Development Bank (KDB) at the end of a meeting of […]

    Lenders of STX Offshore & Shipbuilding Co. throw in the towel

    Company News
       In the coming days the South Korean shipbuilding group STX Offshore & Shipbuilding Co. (STX O & S) will be placed under receivership. This was announced today the Korea Development Bank (KDB) at the end of a meeting of […]

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  •   ANTWERP, Belgium, May 20, 2016  — Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav”) today announces that it has agreed with Bretta Tanker Holdings Inc. (“Bretta”) to terminate its Suezmax joint venture. The joint venture covers four Suezmax vessels: […]

    Euronav Announces Termination of Suezmax Joint Venture

    Company News
      ANTWERP, Belgium, May 20, 2016  — Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav”) today announces that it has agreed with Bretta Tanker Holdings Inc. (“Bretta”) to terminate its Suezmax joint venture. The joint venture covers four Suezmax vessels: […]

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  • Our long-term prospects – however, stressed Slangerup – continue to be more than positive and we continue to invest in our facilities and to offer customers a world class service. ” In the first quarter of 2016 is in fact […]

    The container traffic in the port of Long Beach deepened in April

    Market News
    Our long-term prospects – however, stressed Slangerup – continue to be more than positive and we continue to invest in our facilities and to offer customers a world class service. ” In the first quarter of 2016 is in fact […]

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  •    Last month the traffic of containers handled by the port of Hong Kong is again result in sharp decline since amounted to less than 1.6 million TEUs, a decrease of -9.3% compared to over 1.7 million TEUs in ‘April […]

    Hong Kong container traffic decreased by -9.3% in April

    Market News
       Last month the traffic of containers handled by the port of Hong Kong is again result in sharp decline since amounted to less than 1.6 million TEUs, a decrease of -9.3% compared to over 1.7 million TEUs in ‘April […]

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