• News

Rand Logistics reports first quarter results

AUGUST 7, 2012 — Rand Logistics, Inc. (Nasdaq: RLOG), which operates U.S. and Canadian flag Great Lakes bulk carriers, yesterday announced financial and operational results for its FY 2013 first quarter ended

Cochin Shipyard launches advanced PSVs

AUGUST 6, 2012 — Government of India owned Cochin Shipyard Limited last week launched two platform supply vessels that it is building for a European client. Bearing the shipyard Hull Nos. BY

  • News

Russia to build $1.5 billion nuclear icebreaker

AUGUST 6, 2012 — Russia’s Baltic Shipyard in Saint Petersburg is to build a 36.96 billion ruble ($1.15 billion) nuclear-powered icebreaker for Atomflot company, the shipbuilder said today, reports the RIA Novosti

  • News

Moody’s lowers OSG ratings

AUGUST 3, 2012 — In another indicator of tough times in the tanker sector, Moody’s Investors Service yesterday lowered its ratings of Overseas Shipholding Group, Inc, (“OSG”); Corporate Family and Probability of