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Latest News
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Pool pledge drive bears fruit

Heidmar says new participants prove pools offer an attractive destination for owners seeking relief from tanker market turmoil.

18:54 GMT, 23 May 2012
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Peter G in the driver’s seat

Incumbent chairman, CEO and CFO of General Maritime Corp avoid the axe as backer Oaktree Capital installs 'new' regime.

17:39 GMT, 23 May 2012
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ULTR loses Wall Street ally

Felipe Menendez-led owner dealt another blow as FBR Capital cuts research coverage despite encouraging endorsement.

15:34 GMT, 23 May 2012
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False alarm for Maersk vessel

Fears of 20-skiff pirate hit on AP Moller ship off the coast of Iran prove wide of the mark.

15:19 GMT, 23 May 2012
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AMP swallows OSL Holdings

Hong Kong bulker operators merge under AMP name, with major shareholder Mark Young remaining in CEO role.

14:35 GMT, 23 May 2012
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SSC revs up earnings

Lion City-listed car carrier owner’s bigger fleet drives up net earnings.

13:49 GMT, 23 May 2012
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Dolphin’s seismic sales soar

Oslo-listed operator reports revenue hike but higher costs keep it in the red.

11:21 GMT, 23 May 2012
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Minsheng files for IPO

Chinese container line plotting share sale in Shanghai to raise money for new vessels.

11:02 GMT, 23 May 2012
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Chinese handbrake for tankers

Falling oil demand in China will slow down rate recovery, RS Platou Markets says.

10:54 GMT, 23 May 2012
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Carnival in dialysis drama

Cruise line says sorry for booting disabled woman off ship after mix-up involving misplaced blood-cleaning machine.

10:22 GMT, 23 May 2012
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Viking makes losing start

TransAtlantic-owned offshore owner posts first quarter deficit due to weak North Sea spot market.

09:38 GMT, 23 May 2012
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Eitzen Chem cuts cash burn

Oslo-listed owner posts smaller than expected loss as revenue climbs and costs shrink.

09:30 GMT, 23 May 2012
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