Concordia Maritime, the listed tanker company in the Gothenburg-based Stena Sphere, plans to grow its fleet as both the crude oil and product tanker markets have turned, the company said in its ...
Concordia looks to expand as markets turn
DHT reports strong improvement in 1Q15
DHT Holdings, the New York-listed crude oil tanker company managed from Oslo, has reported a strong improvement in result in the first quarter of 2015 (1Q15) on a firmer market and bigger fleet. Group ...
Dawei port project on the move
One of the parties involved in the development of Dawei port has confirmed movement on the project, while declining to give details. Dawei is planned to be a mega-port on Myanmar's coast, ...
Rickmers worried for Maersk crew’s safety
Rickmers Shipmanagement is "seriously concerned" about the crew of the Maersk Line containership it manages and which is being detained by Iran near the port city of Bandar Abbas. US authorities ...
Sinopacific delivers first SP AHTS
Sinopacific Shipbuilding Group has successfully delivered its first independently designed medium-sized anchor-handling tug supply (AHTS) offshore vessel in the SP series on 28 April. Ossoy, the first ...
Samudera posts higher profit in Q1
Singapore-listed container shipping company Samudera Shipping Line posted a profit of USD6.1 million for the first quarter ended 31 March 2015, much higher than its USD0.4 million profit in the first ...
UOBKayHian places top picks for offshore companies
Singapore-based brokerage house UOBKayHian has listed offshore service companies Ezion Holdings, Triyards Holdings, and Sembcorp Industries as top picks. Analysts from UOBKayHian have set a target ...
CMES’ profit surges 22.6% in Q1 2015
Shanghai-listed China Merchants Energy Shipping (CMES) on 29 April posted a profit of CNY225 million for the first quarter of 2015, surging 22.6% from the same period of 2014. The company recorded ...
Top Ten Maritime News Stories 29/04/2015
Posted on: Wednesday, April 29th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 29/04/2015 1. Iran Seizes Maersk Vessel Iranian forces have seized a cargo ship, flagged to the ...
China crude steel production down 1.7% y/y in Q1
China's crude steel production fell 1.7% year on year (y/y) to 200.1 million tonnes in the first three months of 2015, making the first quarterly decline in recent years. For irons, the national ...
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