Green campaigners query LNG fuel’s environmental benefit
But LNG backers say the fuel is today’s best alternative even though it may not be ‘magic bullet’ for lowering GHG emissions
Costamare renews fleet amid bumper results
Greek boxship company announces new ship buys as profit soars
Norway’s economic police raid Teekay Offshore over tanker scrapping
Norwegian authorities have launched a probe into whether the sale of shuttle tanker Navion Britannia in 2018 constituted illegal export of waste
Eagle Bulk pays $1.1m to settle legacy OFAC violations
Burma infractions under dry bulk owner’s previous management results in agreement with US treasury department.
Scorpio Bulkers to ‘maintain’ balance sheet amid coronavirus jitters
Company reports $15.1m profit for fourth quarter of 2019
John Fredriksen shows faith as he ups his stake in Golden Ocean
After a couple of transactions in the offshore sector, family trust company Hemen Holdings has invested in dry bulk once again.
Greens complain about VLSFO black carbon emissions
Government reports suggest regulation to decrease sulphur emissions has increased output of other pollutants
China virus fears send shipping shares, oil and broader market tumbling
Analysts, executive say uncertain course and extent of virus spread make it hard to tell where the financial damage will stop.