No Market for Unmanned Ships in Tanker Sector

Ardmore Shipping CCO comments on autonomous ships, digitalization and other industry trends.

ZIM Cautiously Optimistic as It Sails Back to Black in Q3

Israeli container shipping company ZIM reaped the fruits of the market recovery and returned to the black in the ...

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StealthGas Offloads Two Oldies

As part of its fleet renewal strategy, LPG shipping company StealthGas has sold two of its oldest vessels, the ...

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Ship Finance International's Profit Up in Q3

Bermuda-based shipowner Ship Finance International (SFI) ended the third quarter of this year with a net income of ...

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BW LPG Inks Term Sheet for New USD 150 Mn Loan

Owner and operator of LPG vessels BW LPG is in the documentation stage for the refinancing of its existing USD 150 ...

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Diana Shipping Remains in Red

Although it remain in the red, Greece-based dry bulk owner Diana Shipping managed to cut its net loss in the third ...

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Weak Tanker Rates Put More Pressure on Frontline

John Fredriksen-controlled tanker owner and operator Frontline ended the third quarter of 2017 in loss due to weak ...

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Navios Holdings Delivers Loss, Closes USD 305 Mn Offering

Although its revenues increased during the third quarter of 2017, Greek shipping firm Navios Maritime Holdings ...

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DryShips Widens Loss

Greek ship owner DryShips has plunged further into the red as its net and operating losses increased during the ...

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Golden Ocean Returns to Profit

Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) returned to profit in the third quarter of ...

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Navig8 Chemical Tankers Delivers Loss

Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has delivered a ...

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Weak Tanker Rates Push Sovcomflot to Red

Russian shipping company PAO Sovcomflot (SCF Group) ended the first nine months of 2017 in loss as tanker spot ...

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Star Bulk Carriers Slashes Loss

Greece-based dry bulk shipping firm Star Bulk Carriers managed to cut its net loss for the quarter ended September ...

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Diana Containerships Slashes Q3 Loss

Greek container shipping company Diana Containerships has managed to trim its USD 126.8 million net loss reported ...

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Weak Product Tanker Market Pushes Hafnia to Loss

Denmark-based shipping company Hafnia Tankers ended the third quarter of this year with a net loss of USD 7.3 ...

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J. Lauritzen Takes Four Ships on Time-Charter

Danish shipping company J. Lauritzen added more vessels to its chartered fleet during the third quarter of 2017, as ...

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Scorpio Tankers Sinks Deeper into Red

Monaco-based tanker shipping company Scorpio Tankers posted a net loss of USD 36.9 million for the third quarter of ...

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Navios Partners Delivers Profit in Q3

Greek owner and operator of dry bulk and container vessels Navios Maritime Partners closed the third quarter of ...

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Impairment Charges Push Team Tankers Further into Loss

Tanker owner Team Tankers International saw its net loss for the third quarter of 2017 widen significantly, mainly ...

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Integration of UASC Drives Hapag-Lloyd's Q3 Profit Surge

German container carrier Hapag-Lloyd closed the third quarter of the year with EUR 54.3 million of net profit (USD ...

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Pan Ocean’s Q3 Profit Up by 55 Pct

South Korean dry bulk shipping company Pan Ocean reported a 55.4 percent rise in profit for the third quarter of ...

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DHT Shrinks Quarterly Loss

Crude oil tanker company DHT Holdings has managed to narrow its net loss in the third quarter of 2017 to USD 5 ...

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