Peter Georgiopoulos-led Gener8 hopes to net USD246 million from its initial public offering, according to a new securities filing. On 15 June, the tanker owner disclosed plans to sell 15 million ...
Gener8 sets IPO target price
US LNG exports spur orders
Teekay LNG Partners has ordered two newbuilds after sealing a charter agreement with BP for US export service. BP Shipping will charter one LNG carrier from Teekay for 13 years and has an option for a ...
Delayed Reporting Complicates Search for Hijacked Tanker
By MarEx 2015-06-15 10:19:37 A 10 hour delay in incident reporting has complicated the search for a hijacked product tanker, according to Malaysian authorities. The 7,301 dwt Orkim Harmony fell out ...
Carnival Orders World’s First LNG-powered Cruise Ships
By MarEx 2015-06-15 11:42:02 Carnival Corporation has signed a multi-billion dollar contract with Meyer Werft for four LNG-powered cruise ships, which will also have the largest guest capacity in ...
Shrinking small capacity box fleet could trigger new orders
Although the overall capacity of the container shipping fleet is growing, the capacity of the 1,000 teu to 3,000 teu of fleet has declined, which could trigger newbuilding orders in the sector, a ...
Carnival orders four LNG-powered ships for AIDA at Meyer’s yards
Carnival Corporation & plc, the Anglo-American cruise shipping giant, says it has placed an order for four 180,000 gt LNG-powered cruise liners, for its AIDA Cruises unit in Germany. Two of the ...
Danish Ship Finance mulls IPO
Danish Ship Finance has launched a strategic review that may lead to an IPO, the bank's chairman said in a statement. Also known as Danmarks Skibskredit as the Copenhagen based shipping bank in ...
Ship Finance acquires three container ships on stocks
Ship Finance International Limited, the listed tonnage provider in John Fredriksen's businesss empire, said it had acquired three 9,000 teu capacity container ships that are under construction from an ...
Boxship charter market past the peak?
Average charter rates for tramp container vessels are starting to see greater downward pressure as fixing activity slows down, according to shipbrokers. The ConTex, published by the Hamburg ...
Outlook uncertain for Doosan Engine
Uncertainties linger for South Korea's Doosan Engine as its shipbuilding customers see orders declining year-on-year, according to a shipping analyst. After visiting the company, Samsung Securities ...