The company still has more than $160m to conduct further buybacks

The huge ships also get hired for voyages across the Atlantic Basin to China, according to Baltic Exchange

The 2010-built Maersk Murotsu was previously time chartered to Maersk Tankers

Sources say the prospective sales of the historic line and Seabourn would likely be prompted by ageing customer demographics and a need to generate higher returns

Dialogue session comes ahead of EGM to seek approval for recapitilisation and demerger

“The answer to a debt problem is not more debt, it’s more equity,” Mehrotra said

Greek boxship owner sees charterers fix 24 of its vessels in the second quarter, improves underlying profitability, but takes big accounting charge on its held-for-sale portfolio

The star tanker segment may see more employment opportunities in Pacific trade

The 12-page document briefs the industry on ways to avoid running afoul of the UK sanctions regime

Many of the largest tankers earned less than $30,000 per day this week