Maersk again ups profits guidance
Looks like A.P. Moller – Maersk A/S won’t be strapped for cash as it plans a new generation of methanol fueled box ships and ratchets up its decarbonization ambitions. Maersk is reporting
Looks like A.P. Moller – Maersk A/S won’t be strapped for cash as it plans a new generation of methanol fueled box ships and ratchets up its decarbonization ambitions. Maersk is reporting
Teekay LNG Partners L.P. (NYSE: TGP) today reports that its previously announced acquisition by investment vehicles managed by New York City headquartered Stonepeak has completed. With the $6.2 billion deal done, the
Netherlands-based Vroon Group reports that it has reached a preliminary agreement on debt restructuring that will see its lenders become its majority shareholders. “For several years Vroon has been in discussions with
Maroussi, Greece, headquartered Pyxis Tankers Inc. (NASDAQ: PXS) has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an aggregate sale price of $8.9
In another indication of the strength of the container shipping market, Athens-headquartered Euroseas Ltd. (NASDAQ: ESEA) today reported the extension of the charter of its M/V Evridiki G and a new time
New York City-headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business has provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is managed
As LNG fueled vessels get larger, so do their bunkering needs. Today, London-headquartered Avenir LNG Limited (N-OTC: Avenir) reported that it has entered into a Time charter party (TCP) with Shell NA
Arlington, Va.-headquartered Venture Global LNG reports that it has signed a 20-year sales and purchase agreement with CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore
Synergy Marine Germany GmbH, a subsidiary of Captain Rajesh Unni’s Singapore-based Synergy Group, has signed an agreement that will see it manage part of the bulk carrier fleet owned by Germany’s Oldendorff
Houston-headquartered Cheniere Energy Inc. reports that its subsidiary, Cheniere Marketing International, LLP has entered into a binding 20-year liquefied natural gas (LNG) sale and purchase agreement with Foran Energy Group Co., Ltd.